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HomeMy WebLinkAbout0065S]2~34 RENEGOTIABLE RATE MURTGAGE (SHORT FORM) THIS MORTGAGE is made this S i XTH day of JANUARY , 19 s~ ~betweenthe Mortgagor~ SAMUEL C. AURILIO and D~BORAH L. AURILIO~ his wifP (herein "Borrower"j~ and the Mortgagee. CITIZENS FEDERAL SAVINGS ANA I,UAN AS.SOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the United States of America, whose address is 1600 South Fed- eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"). WHEREAS~ Botrower is indebted to Lender in the principal sum of 'iti1ENTY SEVEN THOUSAND S I X HUNDRED AND NO/100----------------------=-------~ollars, which indebtedness is evidenced by Borrower's note dated January 6, 19~1 (herein "Note"), providing for monthly instaUments of principal and inte~st~ with the balance of the indebtedness. if not sooner paid. due and pay able on . TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the payment of all other sums. with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; (c) the perforrpance of the covenants. and agreements of Borrower herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto; and (e) the repayment of any future advances, with interest thereon~ made to Borrower by Lender pur- suant to paraqraph 21 hereof or incorporated by reference hereinto (herein "Future Advances")~ Bonower dces hereby mortgage~ grant and convey to Lender the following described property located in the County of ST. LUC I E State of Florida: Unit 3302-F, THE COLONY, carmenci~g at the Northwest Corner of the South 200 feet of Lot 175, MARAVILLA GARDENS. UNIT 3, as~recorded in Plat Book '"'°""° 6, Page 62, of the Public Records of St. Lucie County, Florida; thence `~ run North 90a East along the North line of the South 200 feet of said Lot v ; 175, a distance of 273.0 feet to a point; thence run South 0° 00'00" East, '' a distance of 149.33 feet to the Point of Beginni~g. - ,., - ''~ From the Point of beginning continue South 0° 00' 00" East, a distance of. 25.00 feet to a point; thence run North 90o East, a distance of 32.0 feet -~`t ` to a point; thence run North 0° 00' 00" East,'a distance of 25.00 feet to '~,'`. a point; thence run North 90° West, a distance of 32.0 feet to a Point of ~_ Beginning. ~ ~I.~ ° - Together with rights of ingress and egress, Decla~ation of Party Walls, ' Restrictions, Easements and Protective Covenants as recorded at Official - `~ Records Book 309, Page 2018, of the Public Records of St. Lucie~County, Florida. i, t The PROMISSORY NOTE secured by this MORTGk16E contains ~enegotiable interest rate provisions. The INTEREST RATE and MONTHLY PAYMENTS called for by said Note are thus subject to adjustment. FE~f:1E.'1 s S~•~ ~ 111 PAY~ OF TAXE= ~ [ ~' _ C-! C:• __: 'C !YTl~:c6.'ol'E P~Y..c.C`:t,L PROPERTY~ t:;.';,:;{7 TD GN,'.FTf3 lt-;i4. A~TS Of 1!)1. R~EfR PGIT.r15 ~ Cl:6K q7.;,{JIT CGt'i1T. iT. W:iE C0. Fl~~ - which has the address of. 3302-F South 7th Street Fort Pierce F 1 or i da 33450 (herein "Property Address"); I~TREET~ tc~Tr~ TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, riqhts, appurtenar-ces, rents, royalties, mineral, oil and gas rights and pro~ts, water, water cights~ 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 the foreqoing, together with said property (or the leasehold estate if this Mortgage is on a lease- hold) are herein referred to as the "Property". ~ ~ Borrower covenants that Boirower is lawfully seised of the estate hereby conveyed and has the right to mortqage~ qrant and convey the Property~ that the Ptoperty is unencumbered, and that Borrower will warrant and defend generally the tide to the Property aqainst all claims and demands, subject to any declar- ations, easements or restrictions listed in a schedule of exceptions to coverage in any tide insurance policv insuring Lender's interest in the Property. FLORIDA - SHORT FORM - 1 to 4 F~miiy - 9l76 - FHLMC UNIFORM INSTRUMENT 690K346 PAGE ~; V~ ~ THIS INSTRUMENT NAS PREPARE~ 8V: CITt2[NS -lUENAL iAVINGS ANO LOAH AifOC1AT10N Oi iT. LUCIE COUNTV If00 i. FEOERAL NIGNWAV, FT. r1ERCE, iLORIDA C. R. MCOONALD. JR., GENERAL COUNf[L