HomeMy WebLinkAbout1480~b~
FIRS~T FEDERAL SAVING~ AND LOAN ASS~QC~TIQ ;~ _
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OF FORT PIERCE ~~q,~~ 5~.~ o
MORTGAGE ~, -2~~~a
THS PR01[I880RY N4T8 BSCiJR$D HY THIB l[OIi1~A(iS CONTAINB RENB(~OTUBLS INTEIi68T
RATS PIiOVIBION& TSS INTSIiSBT IiATB AND ~tONTHLY PAYJI[8NT8 CALLSD P"OR BY BAID NOTS
AIiS TSUB BUBJSCT TO ADJLJBT~[SNT. -
~og~pA~g ~ ~• ~ 22nd December .
~9 ~b.tw..~, t~e M ~~} Wd4fi~~' WA1t~N"aiid G1tAL~'~: 'i~f~t~l°f ~iis'Nif~.; ...................... .
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. . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Horrowear'7, t~nd the Mort~a~es. P'IRBT FEDERAL SAVIN(~8
AND LOAN A880CUTION OF FOAT PII~RCS. a oorporation or~einised and e~sHna nndar the la~n of the United Stat~et,
~rhoN addra~. i~ 100 8onlh 8soond Street, Fort Pie~e+oq, Florlds 39460 (herein "I.endee'h.
NO 100~~ ~~~ ~- ~~~ ~~~e priadpal ~won of THI R?Y-EIGHT THOUSAND TWO. HUNDRED~ AND
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. l . . . . "' . ..... . ... . . . . t. . • . . . . . . . . . ": -" . ' . . . . : Dollan, ~rhich iadebtednew ia evide~oed by Borro~ree'a
note dated . . . . . . . A@CP,Nb~C. z2 a. .~ 9aQ. . . . . . . . . (he~- "Note'~. Providin,~ for monthly inrtallnient~ of prlndpel arid
intererk with ths balanas oi Ws indebtedaew, if not ~oone~ paid. o;~ot ~~s dne for $pn+owair'~ failwre t~o ezercise r~uewal
optionr set foacth th~dn, dne aad p~yeWe o~ Januar~l z„ .
1~0 $SCURE to Lendar (~ Lhe repaymeot oi the iadebtednew evideaoed by the Note. with intersst thereon, the pe~yment oi
all oth~ sum~, wit6 inteare~t thare~n, edvaaced in acoordanos he~+e~wlth io protect the ~eouribr of thi~ Mort~a~e, and the
pe~formsaos ot th~ oove~anb aad e~ree~-e~ta of Borrowe~ be~edn oontaiaed. and (b) ths rspa~yrae~t oi any lhtmre edvanoes,
with i~ateewt theceon, made to Borrowee by Le~dec pnrtuaat to Pare~raph 21 hereof (heare~n "Phtnrs Advaaoe~'7. Borrowear
doe~ he~rebi- . a Brant euid oonvaq to I.snder ths follo~vina de~cribed proparty .located ia the Connfy of
......... St:..Lu~ ..............:........... 8tate oi Florida: •
Apartment ~4 of the Noodlands Condominiun Apartments, Building 1,
according to the Declaration recorded in O.R. Book 345,~page.-795
through 864 of the publi~ records of St. Lucie County, Florida
together with all of theJappurtenances to such apartment, including-
but not limited to automobile parking space #4, all appliances
located or to be located therein and the air conditioner unit
serving or to serve said apartment. ~ -
~~o s']b.y0 n~ r~rmr a Tua~
ouf o~ cuss ~ arr,ws~ ~so~ n~vt~t.
~twwiwr To c~~x n•~~, ~s oF an
Ro~w Porru~ ~
a~ac aitceR coar, sT. uiaE a~. ~} •
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.
which ha~ the address of............ South 19th Street Fort Pierce
........... ............................... ...................... ,
.~ .~.
Florida 33450 ~
.... .......................... (herein "Property Addrees'7;
~i.i...a ~ caaa
1~0(~E1'HEB with aU the improveznenb now- or hereai~er erected on tbe ProPertY. and all easemenb. ri~-ts.
apPur~nanve~. rent~, royaltie~. mineral. oil and ga~ rights and pro5b, water.~water sights, end ~vater stocl~, and all Sstures
now ot bearea!!er attsched to tbe pmpe~ly, aU oi which, incinding replaoemeat~ and addition~ theseto, shall bs deemed~to bs
end reaa~in a part of the property oovered b3- this Mort~a~« and aU oithe foreaoia~. toQethe~ with said Pz'uDee~- (ar the lea~a
hold estate it thi~ Mortga~e i~ on e lea~ebold) are herein rsfezced to a~ ths "Propearty.••.
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' Borm~ver oove~anta tbat Bosrower i~ lawfiilly aeised of the estate hereby oonveyed and has the r~ht to mort~eSe, Sr~nt
and oonvey tbe Propa:ty. that t}ie Property u nneacumbered, and that Borrower wiU warraat and defend ~ene~ally the titls to ;
~~P~Y ~+~~ aU claim~ ead demancL, mbjed to any declarations. ea~ements or rertrlctiona listed in a~chednle ot
ezcept~io~ to o~v~ara~e in aay tltle in~uranc~e PoliCY i~unrinS Le~- in the Property. -;
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