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HomeMy WebLinkAbout0436 18014387 DS 1J SU'~402 MORTGAGE THIS AIOR'1't~AG}•: is trade this .....10th ..clay of ......November 1~] 80 tx~tK'lY'n ttte tllortgakor, R..Thomas Shear and Dorothy. A, . Shear,. his, wife, William. F...Lynch and Carol Lynch, his wife William J. B~ a~r~~~,~t"~a~~~rthc~~o~.~i~c~c~, Indian River rc~clr~ral S:win~s R Lcutn A.cx•iatiun, a cY~ryxrralion orKanize~cf and existin[; under the laws of Unitetil Strtlc~s of America. wha~e addre:v is Vem I3c~ach, H lorida ~ hen•in "Lender") . . WtfettE~s. Borrower is indebted to Lender in the principal sum of.Fifty, Thousand, and ,No(100_ 50,000.00, -----------------------------pollars, which indebtedness is evidenced by Borrower's note dated... November. 10.,. ,1980, _ . ,.(herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if nut scxmcr paid, due and payable on.. _November .1, .2009... , , 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 4lortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any future advances, with interest thercan, made to Borrower by 1_ender pursuant to paragraph 21 hereof (herein ''Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the County of ,St. ,Lucie . . . . . . . . . . . . . . . . . . State of Florida: Condominium Parcel No. 6121 of BEACHTREE II, a Condominium as per the Declaration of Condominium thereof, recorded in Official Records Book 321, at Pages 2609 et seq., of the Public Records of St. Lucie County, Florida. Ad Valorem Tax Code No. 2507-707-0095-- 000/4 ~I ~ RecewC~ 5 , ~OD in PSymzr:~ ~f Texc~ Due On Class "C" ~nt,.ng~Dle Pe?sonal P.uperty, I f of Pursuant To Chapter 71, 134, Acts :if 1871. ff! t~ t ` - ROGER POR11A8 ~ ~ a«ti c~ cows, a. ~ cam, ~ ~ 1 This instrument prepared by: R. David Shuman, Jr. - ~ J. t Lawyers Tittle Insurance Corporation _ _ ; P.O. Box 3845 Fort Pierce, Florida 33454 Incident to the issuance of a title insurna contract. which has the address of...2400. S.outh.0lr~aA Driye. Unit ,6121_ Fort_ Pierce,, Florida. 3345,0 [street] [cib] N (herein "Property Address"); [State and Zip Code] { TOGE7'ttEtt with all the improvements now ur 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 leasehold estate if this Mortgage is on a leasehold) arc herein referred to as the "Property". Borrower covena'tits that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring 1_endcr's interest in the Property. FIORIQA-1 to 4family-6115-fltMA/fHIMC UNIil1RM INSTRUMENt :a< <OMM 2St 1500 3 OO.Y6F { - 800343 P~~ ~~fi f S