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HomeMy WebLinkAbout2344 160 023819 TH1S MORTGAGE is made this between the Mortgagor, 51200'7 MORTGAGE 2 2 N D day ot DECEMBER ~l ~ , 19 $~, MERYLE STEVEN ALIEN AND SHARON ANN ALLEN, HIS WtFE (herein "Bortower"), and the Mortgagee, HERITAGS FEDERAL SAVINGS AND LOAN ASSOCIATION , a corporation organized and cxisting under the laws of THE UNITED STATES OF AMEItICA whose address is 230 NORTH BBACH STREET, DAYTONA BEACH, FLORIDA (herein "Lender"1. WHEREAS. Borrower is indebtcd to Lender in t he_ rinci al FORTY-ONE TNOUSAND F 1 VE HUNDREt~ ANB ~~~ ~~0 ~~~a~, which indebtedness is evidenced by Borrower's/noT Nda e~ ~ E D E C EM B E R 2 2, 19 8 0 (herein "Note"), providing far monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on ~ANUARY 1, 2011 ~ To SECURE to Lender (a) the repayment o( thc indebtedness rvidenced by the Notc, with interest thercon, the payment of all other sums, with interest ihereon, advanced in accordance herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herrin contained, and (b) the repayment of any future advances, with interest thereon, maJe to Borrowcr by I_cndcr pursuant to paragraph 21 hercof (hercin "Fuwrr Advances"), Borrower da:s hereby mortgage, grant anJ conve~• to Lender the following described property located in the County of ST. LUC 1 E , State of Florida: LOT 20, BLOCK 363, PORT ST. LUCIE SECTION T«0, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 12,~PAGES 12A THROUGH 12D, OF THE PUB- LIC RECORDS OF ST. LUCIE COUNTY, FLORIDA. Th-s inst!;1'~l~'f!t Flfo^~!C~ C` c~ Sh~'~~y c~~~~~ , ~,-S~t •ti-;~~ P eS. R~i~; i~' in PaYment Of T~10/~ ~ / :',*:'~.~ Fe~ i t ~ yS Dus On Class ..C.. ~nu~prble PKSa~sl ho/MIK H ~., c~~',`~ ;s ~nd Lc~n f,,;~c•::ion ~,~ pursuant To Ch~p,w 71.184, Ao1s Of 1~11. P. O. Bcx Y ~ ROOEA~OAIIAS ~y b~ytona Qe:~ch. Ft~r~~a Cl~elt Clro~it Oone~ ~t. ~yel~ Cg. !1~ ~ FHLBB-INDEX 12.85 ~pROVIDED, HOWEVER, THAT SA10 NOTE MAY BE AUTOMATICALLY RENEWED AT THE OPTION OF THE BORROt-~ER, IN ACCORDANCE WITH THE TERMS AND PROVIS(ONS OF SAID NOTE. ~*TOGETHER WtTF~ ANY EXTENSIONS, RENEWALS UR MODIFICATIONS THEREOF WHICH ARE MADE IN ACCORDANCE WITH THE PROViSIONS OF SA10 NOTE. which has thc address of 14 0 2 S. E, MAN TH LAN E , PORT ST , LU C 1 E tser~u ~c~ti1 F LOR 1 DA (herein "Property Address"); [SUte snd Zip Code] TOGETHER WiIFI SI) thC improvcments now ur hrreaRrr erected on thc propertp, anJ all casemrnts, rights. appurtenances, rents, royaltics, mineral, oil and gas rights and profits, watrr, water rights, and watcr stock, and all fiatures now or hereafter attached to the property, all of which, including rcplacements and additiuns thercto, shall be dcemed to be and remain a part of the property covered by this Mortgage: and all uf the faregoing, together with said property (or the leasehold estate if this Mortgagc is on a lea.chold~, are hrrein r~ferred to as the "Property". Borrower covenants that Borrower is lawfully seised of the estate h~reby conveyed and has the right to mortgage, grant and convey the Propcny, that the Proprrty is uncncumbcred, and that Borrowcr will warrant and defcnd generally the title to the Property against all claims and demanJs, subjcct to any declarations, ~ascments or restrictions listed in a sch~dule of exceptions to coverage in any title insurancc policy insuring Lender's interrst in the Property. flORIOA-1 to 4 Famifr-6175-FNYA/FNLMC UNtfORM INSTRUMENT ~ ! VMP ~o~so~.o.,~o .~„~~s= .~,.s. ..~. BOOK~45 ~aCE~4•, ~cs-~ PS-4007 ~-