HomeMy WebLinkAbout0675 FIRST FEDERAL SAVI1~'G5 A~`~OAN ,ASSOCIATION
OF FORT PIERCE 5U~,41~36 ~s,oo
MOI~TG.AGE 1-23082694
THE PROMISSORY NOTE SECURED BY THIS MORTGAGE CONTAINS RENEGOTIABLE iNTEREST
RATE PROVISIONS. THF. INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY SAID NOTE
ARE THU9 SUBJECT TO ADJUSTMENT.
THI3MORTGAGEismadethis 14th, f November,,,,,,,,,,,,,,,,,,,,,,
JbSEPFi ~L, ~'SLalf' an~'~A~$A~A' ~C~~, 'tii s wife,, , '
19 .8A ,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, wer~s u~de red to Lender in the principal sum of .THIRTY. THOUSAND, and .NO/100--------.:-
----------,--~~30 r000: U0~ ;--.:'-~llara. which indebtednesa.is evidenced by Borrowefa
note dated , ..November 14. , :1980:: (herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness. if n soon r ai r ner due for Borrower's failure to exercise renewal
options set forth therein, due and payable on ~ecem~bE~r Lut~
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the paymentof
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 the following described property located in the County of
St; , LUC i e . . . . . ........................:.State of Florida:
Lots 6 and 7, of Block 2, of PINEWOOD SUBDIVISION,
according to a plat thereof on file in Plat Book 5,
page 24, of the Public Records of St. Lucie County,
Florida.
RECEIYEO s - 60.00 IN PAYMENT QF TAltt1
GOE ON CIASt 'C INTAHG BLE P~RSOti:.l PROYE~Tr,
PURSUANT TO CNAPTEA 71-~34, ACTS 6f if71.
ROGER POtiRAS
anac a1xa1T corRT, sT. two ca, ftA.~m•
~ By agreement of Mortgagor and Mortgagee on file
E 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.
806 ,South .Ninth Street, _ Fort Pierce
which has the address of
~sv~~ ~c~cr?
Fl,a~ida 33450
(herein "Property Address ,
(suu sad Zip Codel
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 leas
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 inter tin the
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