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HomeMy WebLinkAbout0659 • (~i FIRST FEDERAL SAVINC~~ ANI~j~AN ASSOCIATION OF FORT PIERCE ~p r?~ `Ig•°° MORTGAGE ~ ~ Ol -23082165 . THE PROMISSORY NOTE SECURED BY THIS MORTGAGE CONTAINS RENEGOTIABLE INTEREST RATE PROVISIONS. THE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY SAID NOTE ARE THUG SUBJECT TO ADJUSTMENT. THIS MORTGAGE is made this 3rd d of NOVember R ~ BRIGHT ~~t1,MAUREEN ,S:•,BR,GHT,his,w~fe.,,,,,•• 19 ~Q . ,between the Mortgagor, . (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 F~ ~Y. TWO THO~IS,ANQ ,AND, N0,(100------, , ----------------~ESZ,QQQ,QQ~----------„---------Dollars, which indebtedness is evidenced by Borrower's note dated (herein "Note"). providing for monthly installments of principal and interest. with the balance of the indebtedness. if not sooner paid, or nut sooner due for Borrower's failure to exercise renewal options set forth therein, due and payable on November 20., 2010 - - TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest theregn, the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this 1Nortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any Future advances, with intercet thereon, made to Borrower by Lender 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: Lot 16, in Block I, of MARAVILLA ESTATES, a subdivision according to the Plat thereof as recorded in Plat Book 8, . at Page 77, of the Public Records of St. Lucie County, Florida. ~,yEp s . 00 IN PAY[~fEltT OF TAXES DUE UY CtA;.i •C' INTL::~ ilE P:RS~h:.l PRO?ERTT, Pi1RS~dliT TO ili:PT_: 71-.:4, ACTS OF 1171. ' ROG:R Pir1T9AS _ Ct,ERK CIRCIpT CONAT, ST. LYGE CO. FULQ~'A By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. ~ - ..••••,.,1035•Trinidad Avenue.••_,,,••.,,•,_•,••Fort Pierce which has the address of ~sv«c? ~Ciep) F 1 on da 33450 (herein "Property Address">; teak .nu ro caa~r . TOGETHER with all the improvements now or hereaRer 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 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 Lender's interest in the Property. - FI.ORTI)A - ?-•t FA".1Ti.Y 7!RO ~~~3 P~ l.h' #3 RRM j _ ~ 1~s r ~