HomeMy WebLinkAbout1472FIRST FEDERAL SAVt~~s AND OAN ASSOCIATION /
' OF FORT PIERCE 5~70~
MORTGAGE Loan No. O1-23083239
THS PROMISSORY NOTE BSCURED BY THIS MORTGAGE CONTAINS RSNEGOTIABLS INTEREST
RATS PROVISION& THS INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY RAID NOTE
ARS THUG SUBJECT TO ADJUSTMENT.
PHIS MORT(IAt3E i, made this ........... nth ............ ..~ ~mh~r .................... .
Th s A. brew and Linda ~~~ 'Drs of his tvifie
19 ...$Q betweer- the Mortgagor.... a!~! ............dY .......................!'~iY ~.................................... .
..................................................(herein "Horrower'7, sad the Mortgagee, FIRST FEDERAL 9AVIN(39 _
AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and existing under the laws of the United Statue,
whose address is 100 South $soond Street, Fort Pierce, Florida 334b0 (herein "I.ender'h.
WHEREAS, Borrower i. indebted to Lender in the principal sum of ~~~T~EN,THQUSAND, FIVE ,HUNDRED, AND ,NO/100
........ .... ..
-----------, -------~;~6a~QQ :QQ~------'--'~------':Dollars, which indebtedness is evidw-oed by Borrower's
note dated .........Qe~.emaer..~s..19.84......... (herein "Note', providing for monthly instsllmenta~of principal and
interest, with the balance of the indebtedness, it not sooner paid, or not sooner due for Borrower's failure to exercise renewal
options set forth therein, due and payable on December ~ 1992
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of
all other sums, with interest thereon, advanced in aeoordance berewit6 to protect the security of this Mortgage, and the
performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any f'ntnre advances,
with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "P~ture Advanoes'h, Borrower
does hereby ,mortgage, grant and convey to Lender the following described property'-located in the County of
........$~.,. I,UCi~ .................:........... .State of Florida: .
Lots 7 and 8, Block A, KILLERS SUBDIVISION, according to
the plat thereof on file in Plat Book 4 Page 50, public
records of St. Lucie County, Florida~/
~~7
~~
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. .
as o~ a:~~s ~ oRUSS~E Luc
rusz,;a~rt Ts is~t~e n- a u>rs of s7t~
a,~e ret::as
n.as o~:st ~ ~ t~E ~, .: ~~
which has the address of ...... > > 9, North 15th Street Fort Pierce . .
.......................................................................
csd..cf caa~
.. F~ 4ri ~~... ~34~0 ...... (herein "Property Address").
'~9i.c..oa zoo caa.~ '
TOGETHER with aU the improvements now or hereafter erected on the property, and all easements, rights,
appurtenances, rents, royalties, mineral. oil and gee rights and pro5ts, water, water rights, and water stock, and aU fixtures
now or hereafter attached to the property, all of which, including replaoem~b and additions thereto, shall be deemed to be
and remain a part of the property covered by thin 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
es to 'd li Lend th
oeptwns coverage ~n any b e u~suranoe po cY insuring er's mtezest m a Pro
OR`~ t
FL(~RI~.4 - 1-1 FA'~1I',)' ' R~ 8~ P~~ ~ LN #3 RR~4
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