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Home My WebLink About1268P.O. Box 879 JC~~J~~ ~~ Pom ano Beach FI. 33062 SOUT~ERN FEDERAL SAVINGS LOAN NO. 230018809-a AND LOAN A880CIATION OF BROWARD COUNTY (8HORT FORM) MORTGAGE (SHORT FORM) ,~,oo THIS MORTGAGE is made this .28th daY of ....... Novottlber ............................... . 19 .80.. between the Mortgagor, .....D._ W. , LAYNEr..~oined, by ,his ,wife, MARY .$:. ~-?~ .............................................................. (herein "Borrower"), and the Mortgagee, SOUTHERN FEOERAI SAVINGS AND LOAN ASSOCIATION OF BROWARD COUNTY. a corporation organized and existing under the laws of .... ,THE UNITED STATES. , _ .. ,.whose address is ~2S North FederN Highway, Pompano Beach. Florida 3064 (herein "Lender"). WHEREAS, Borrower is indebted !o Lender in the principal sum of THIIt~(_THOUSAND_AND NO 100 ---------------------------- .... ...... ----------------------------- ........................................ Dollars. which indebtedness ~s evidenced by Borrower's note dated OF EVEN DATE,HEREWITH (herein "Note"-, providing for monthly installments of principal and interest, with the balance of the indebtedness, it not sooner paid, due and payable on THE l .QA1f.QF , _ , . Jlu}e, _ , , . _ , , ~Q , 10 TO SECURE to lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage: (c) the performance of the covenants and agreements of Borrower herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto; and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower does hereby mortgage, grant and Convey to Lender the following described property located in the County of St . Lt1Cle ... , , , State of Florida: Lot 7, Block 763, of PORT ST. LUCIS SECTION EIGHTEEN, ~ vCC -8 ~ ~~: 45 according to the Plat thereof, recorded in Plat Book 13, FtlEOItNr FECOROEO Page 17, of the Public Records of St. Lucie County, Florida. S~~RP~RASA. ~~p s , Od IN PAYf1ENT OF TAXEf ~~ CIRCUIt CQ t DUB ON CLASS 'C' INTf!26 SLE P~RSOaAI PAOPENTr. RfCt1t~ l'~;,rr~: f;, _ fUBSJANI TO ~ IL1?T=: 71- .4. ACTS OF 1171. - - R~GER PilRfAS C r~-~y C1EBK C4tCINT COrRT. i?. t~t1C)E 60v ~~ 50s5 I I which has the address of ............ Bayshore . Bouleyardr. Port. St. _ Lucie,..Florida .33452 . ... . .. . . . ..... . .. • _ ... .......... ........................................................................... rem r , .(he ~ "Property Add ass")~ 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 -ights, and water stock, and all fixtures now or hereafter attached to the property, all of which, +ncluding replacements and additions thereto, shall be deemed to t>e 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) are herein referred to as the "Property"- Borrower covenar)tsthat Borrower is lawf ully 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 lenders interest in the Property. Borrower and Lender hereby expressly adopt and incorporate by reference into this Mortgage and hereby agree to be bound by the covenants and agreementscontained in Uniform Covenants numbered 1 through 17 and Non-Uniform Covenants numbered 18,19, 20, 22and 23of the master form of mortgage recorded in the office Ot the clerk Of the Circuit Court Of the County in which the Property is located and in which this Mortgage is offered for record on the date, in the volume and at the page as follows: County Oate of Record Official Record Book Page County Date of Record Official Record Book Page BREVARD 2/03/76 1593 123 MARTIN 1/29/76 395 986 BROWARO 2/23176 6498 282 MONROE 3/09/76 646 763 DADE 3/15176 9262 937 PALM BEACH 2/02/76 2503 807 INDIAN RIVER 1/29/76 509 241 ST. l~l1C1E 1/29/76 248 423 This Mortgage Deed is by reference made a part of and in accordance with the Construction Loan Agreement executed by the parties hereto on even date herewith. Such provisions as are incorporated by reference hereinto shall be Uniform Covenants 1 through 17 and Non-Uniform Covenants 18, 19, 20.22 and 23 of this Mortgage- Borrower and Lender agree that all references to the Property, Borrower, Lender and Note contained in the above described master form of mortgage and incorporated by reference hereinto shall t>e construed to mean the Property, Borrower, Lender and Note defined herein. Borrower acknowledges receipt of a copy of the complete text of the pronsions hereby incorporated by reference into this Mortgage. ADDITIONAL NON•UNtFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 21. Future Advances. Upon request by Borrower, Lender, al Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USt.,15,000.00,.,_, . IN WITNESS WHEREOF. Borrower has executed this Mortgage. S+gne~, sealed and delivered in the presence of -•-•--.... Yn ...... .,. E ~ ~ ynLr .. .. .............. Ise,~~ a .................................. .... ......................... .- ~ ...---..... Is.,~- . ---•-----•--IS.u- _ ~~ -awro.er 7 Braward - - - -- -_ _ . ___ .- State of Florida . . . ............... . ......... County ss: 1 hereby certdy that on this day, before me. an offir•.er duly authorized ~n the stale aforesaid to td(ce acknowledgements. personally appeared ;; . _ .. D. W. LAYNE, . joined by his, wife. -MARY E.. -LAYNE .. ................................................................................... ::z:... ....................---...........-... to me known to be the person(s) described m and whoexecuted the foregoing instrument~rljl(IO>s(rOwledged before me that ~eY- .....executed fhe same for the purpose therein expressed. ~ ';;;r~~~~' ~~ . ` 28th • . Nogembe r ~ ~• , ~' .` W+tness my hand and offic+al seal this ...... day o. .... 19 ... (r%~y;~,. ~.~~ R•~~~_ - (SEAL) o a Pub k ~ ; ?R'.8R1 Y 1i1~,~ .................... . ~~~ 1 1982 My Commission ex=~!_ ,~ ; t~ItlTdi 'i FLORIDA-Short Form-1 to 4 Family-FHLMC UNIFORM INSTRUMENT 9-76 i 5 __ ,< -so Bo~344 P~~ - :::~