HomeMy WebLinkAbout1685THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE DUE UPON MATURITY IS $2,804,20
T(X;ETHER WITH ACCRUED INTEREST, IF ANY, AND ALL `~VANCBt~B~~~~~ADE BY~ THE MORTGAGEE UNDER THE
~rERMS OF THiS MORTGAGE, 1'
5U9~39 ~j ~
PS-4014 1
MORTGAG E
THIS AfOR'1'(:A(:I•: is ttk~tlc this .. ........ Sth ............. ..clay of ...... AM.CeUtb!'.x ......... - - -,
19..80 between the Mortgagor, ... RO&$RT. R.. 8Al1ER , . JR.. and .DOROTHY. A.. BAU~R .,..his .wife . .
- • • . • . - ~ . . . .... . ....................... ~ herein "Borrower'") , and the Mortgagee, Indian River Federal
Sn~•ings 8 Loan Association, a rnrporation orRnniztYl and exititing under the laws of United States of America,
whose address is Vero Beach, Florida Therein "Lender").
WttEREAS, Borrower is indebted to Lender in the principal sum of. FOUR .THOUSAND. SIX .HUNDRED .BIVTY-
... AND. Id0%100----- .... --.......-.. -...........Dollars, which indebtedness is .;videnced by Borrower's
note dated... Aeeetttber. 5.,..1980......(herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if nut sooner paid, due and payable on ...December .1, • 19$5. • .
To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Notc, with interest thereon, the
payment of 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 dogs hereby mortgage, grant and convey to Lender the following described property
located in the County of .............St..Lucie.................., State of Florida:
Lot 4, Block 507, PORT ST. LUCIE SECTION TEN, according
to the plat thereof, as recorded in Plat Book 12, pages
49 and 49 A through 49G, of the Public Records of St.
Lucie County, Florida.
TAX I. D. # 3420-545-0657-000/3
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~ T o C~ arse l~~'b~° P aY~r'r OF T
ciirpr~ OGFj4 I~ I~• ~o tA~p~~
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Sheila J. Pauley
THIS LySTRU•!IL':1 ~ '- ~ -- - ~ - - - ~ ~- -'
BL`00 4. FED. H\7 •! P.. ,.P _, ~..;-iE. FL=:r.:~.~ 31451
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which has the address of .......Clearmont .Street .. • ............... ..Port .St. • Lucie • • • . - . • - • • •,
(Streetl (City)
......Florida. 33.452 .......(herein "Fropcrty Address");
[State and Zip Code)
TocETttER with all the improvements now or hereafter erected on the property, and all casements, 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) are herein referred to as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
I grant and convey the Property, that the1Property is unencumbered, and that Borrower will warrant and defend
generally the title to the Property against all claims and demands, subject to any declarations, casements or restrictions
listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
FLORIDA-) to 4Family-SI15-FNMA/FHLMC UNIFORM INSTRUMENT IRf FORM 2S~ lsoo a eo.ve-
g~344 P~~Ei6'85
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