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HomeMy WebLinkAbout2159~3- . ~ ., , FIRST FEDERAL SAVINCS~AND'Lt~AN ASSOCIATION OF FORT PIERCE 510134 ~ c 3g~~ MORTGAGE 1-23083478 THE P#tOMISSORY NOTE SECURED BY THIS MORTGAGE CONTAINS RENEGOTIABLE INTEREST RATS PROVISIONS. THE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY 3AlD NOTE ARE THUG SUBJECT TO AD~TUSTMENT. . THIS MOR'PGAGE is made this ............ ... 5th ~1~, December , 80 GEORGE, W; GANT~ and 'Li1CY~l4~iN"GANT, h°~s 'w~'fe~ """"""""""""' ' 19 ....,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 ' debted to nder in the principal sum of TWENTY-FIVE THOUSAND,SIX, HUNDRED,AND_ N0~100--------------~~25,X600.00~-----------------pollars, which indebtedness is evidenced by Borrower's note dated ...... ~Cetlt~@r . ~ ~ . ~ ~$0 ... .... (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, or not sooner due for Borrower'e~ failure to exercise renewal options set forth therein, due and payable on January 20, 2011 _ 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 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 "I~ture 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 31, Block B, WEST END ADDITION, as per plat thereof on file in Plat Book 2, at Page 5, of the Public Records of St. Lucie County, Florida. RE^~'J~9 s S~. oZ O IM PAY'.;{7IT !!f TAXEs LU: ~'1 C:%Li 'v i?iTh:i& 8lti P~fi:.uitAl PP.OFERTir~ it;:~S,:;d9T TO i.iLL°Tt+ 71-134. MIS Of iS)1. f:utiER Pfl{TEAS q.Eiitt gZGUR C01titT, ST. LUCIE CO. fLA.Q ~' 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. 313 South 23rd Street Fort Pierce which has the address of ................................................................. ......................... , cga«e1 '(City) Florida 33450 ........ ...................... (herein "Property Address"); TOGETHER with all the improvements now or hereafter erected on the property, and all easement8, 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 thelease- hold estate if this Mortgage ie on a leasehold) are herein referred to as the "Property." I Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant 1 and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to 1 ~, 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' m the FI,(~RIh:'1 - 1- '• ~ TT.1" , gr, BOAKi~~ P/GE~~ LN ~~ RR~t