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HomeMy WebLinkAbout23703~ .ti 1 FIRST FEDERAL SAVINO~ AND ~~~AN ASSOCIATION OF FORT PIERCE S10,Z68 1VIORTGAGE Loan No. Dl-23084260 THS PROMISSORY NOTE SECURED BY THIS MORTGAGB CONTAINS RENEGOTIABLE INTEREST RATE PROVISIONS. THS INTEREST RATE AND MONTHLY PAYMBNTS CALLED FOR BY SAID NOTE ARE THUS SUBJECT TO ADJUSTMENT. THI3 MORTGAGE is made this .. ...1~ ...... day o Taece>aber 19 .. 8Q between the Mortgagor, .Bi ~kJl..4,. ~. a. married ;adu1 t .and, ~t:: b :: $rOw[i,,'a: iriar'ried :adtil~ .................................... ........... (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 ~=29e>zted tQ_I~ender in the•psintxpal sum of ..?N1;N~Y ,NINE THOUSAND AND,NO/100-- , , , ~ ! - "Dollars, which indebtedness is evidenced by Borrower's note dated .....~.CQ?ttbgr l0a_ , ],9$0 , . , . , , , , , , , (herein "Note"), providing for monthly installments of principal and interest, with-the balance of the indebtedness, if not sooner pa}d, or pQt scp~ due for Borrower's failure to exercise renewal options set forth therein, due and payable on Dece~m~er , TO SECURE to Lender (a) the repayment of the indebtedness evidenced by theNote, with interest thereon, thepaymentof all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property .located in the County of ............$t ~ . ! :q~i a ......................... .State of Florida: ,SA 3 Lots 17 and 18, Block 1, AMY ANNA PARK SUBDIVISION, according to the plat thereof on file in Plat Book 4 Page 72, public re-~ cords of St. Lucie County, Florida../ Receives s Sg'~ In Payment Ot Taxet Due On Class "C" Intangible Persona) proM.ty, " " - • • • - Pursuant To Chapter 71, 134, Acts O* ' 9~~, ROGER POITRAS ~-~ ~.Isrf C)rcuit Court, St. Lucie, Co., Fla. 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. The Mortgagors covenants with the Mortgagee the above described real property is not now nor has it_ever been the homestead of the mortgagor of either of them and that they actually reside at:Ricky D. Brown 601 North 15th~Street, Fort Pierce, FL 33450 R.D. Brown 907 North 17th Street, Fort Pierce, FL 33450. which has the address of ....313. North, l 7st .Street, , , , , , , ,, , , , , , , ,, , , , , , , , , , , , Fort Pierce IStreell ICS) Florida 33450 (herein "Property Address">; is~.k .,.e uP ~- 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 profile, water, water rights, and water stock, and aU fixtures now or hereafter attached to the property, sU 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 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 I and convey the Property, that the Property is unencumbered, and that Borrower wiU 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 t " the ProR/~ _ Fi.ORII)A : ~ t T':11if i.~' _ K~ ~~~ P~~'~+~/tl I.N #~~ RK~i ~