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HomeMy WebLinkAbout0164 S~'72~5 I FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE MOR'~GAGE 04-23082314 THE PROMISSORY NOTE SECURED BY THIS MORTGAGE CONTAINS RENEGOTIABLE INTEREST RATE PROVISIONS. THE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY SAID NOTE ARE THUS SUBJECT TO ADJUSTMENT. THIS MORTGAGE is made this . nth. .day of = .November , . , . _ • , _ 1 s .80. ,between the Mortgagor, ...James , L,., ,Eaton , arid, Anne . A., , Eaton, , hl s, w~ f e , , , , , , , , , , , , , , , , , , , , , , , , , , , , (herein "Borrower"), and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and existing under the laws of the United States, whose address is 100 South Second Street, Fort Pierce, Florida 33450 (herein "Lender"). WHEREAS, Borrower is indebted to Lender in the principal sum of .T.WENTY..NIY~.T.NOUSl~MQ. SIX. HUKRR~R. ANQ - •R0~10~------------------~Sz9~~QQ,~-QQa-----------,Dollars, which indebtedness ie evidenced by Borrowers note dated ...NovtVnp~r, ,5,, 1984 , , , , , , - , , , , , (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, or not sooner due for Barrower's failure to exercise renewal options set forth therein, due and payable on December 20, 2004 TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender 4he following described property located in the County of $t...~-4C?~.................... ,State of Florida: , Lot 42, Block 50, RIVER PARK SUBDIVISION, UNIT 5, according to the Plat ~ thereof on file in Plat Book 11, page 31, public records of St.lucie Cc:lnty, Florida. iL:.~...ai i~ ~1~ tt 197E CLEiiK CI~GWT CGf:tT. ST. WCiE CO. F1~.~ E i f~-. dcb ~ By agreement of ~4ortgagor and Mortgagee on file _ with ~brtgagee, the t•!ithin mortgage secures not ~ - only an existing indebtedness, but also ADVANCES to be HEREAFTER made ~ ~ ~'~ortgagee to ~brtgagor the aggregate of whic~: ~~~iil equal the principal amount specified in t':e Rromissory note secured hereby. which has the address of .....1,09 ,SO1.dZ_ AVetlu~, . . P('.1"t .$t... ~.t(~i e, iSe,eeu 1('itrl 1 El12Ci~ia... - • - ~34.~2....... (herein "Property Address"): I~ittte an.f %p l'ode~ a TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto. shall be deemed to be ' and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said property (or the lease hold estate if this Mortgage is on a leasehold) are herein referred to as the "Property." Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant ~ and rnnvey the Property. that the Property is unencumbered, and that Borrowetwill warrant and defend generally the title to the Property against all claims and demands, subject to any declarations, easements or restriction8 listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. t:r.r;r~r~~ , ~~,.,,<< ~ K~~ e~K343 PacE i6 t~?z~t