HomeMy WebLinkAbout0247S?•42.022
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MORTGAG E ,~~ ~~~
THE PROM1880RY NOTE SECURED BY THIS MORT~iA~iE CONTAINS RENE~OTIABI.E INTEREST RATE
PROV1810N8. TNE INTEREST RATE AND MONTHLY PAYMENTS CALLEI~ FOR 8Y SAID NOTE ARE THUS
SUBJECT TO A~.lUSTMENT. ~~,~0
THIS MORTGAGE is made thi$ '~~ day ot ~~ANf1~RY. 1- ~ry ~ between the Mortgagor,
AE..LEi~k W. ~c+SCN A~llj _iOA:Y T. Bt7SGH• F~iS WiF~E
(herein"Borrower'), and the IJlortgagee, First Federal Savings and Loan Association ot Martin County, a corporation
organized and existing under the laws of the United States ot Ame~ica, whose address is989 South Federal Highway.
Stuart. Florida 33494 (herein "Lender~.
WHEREAS, the Borrower is indebted to Lender in the principal sum 61- ~~ ~"~'}`~'} `~~ 3--'--
----iivt~VTY-~.iGHT ~H~7k}SA~!I~ A~lL- i~0 ~'~.i)~ ~TH:a-.__
Dollars, which indebtedness is evidenced by 8orrowe~s note dated-~ai~klaRY O~. ! 4~:1 .(herein "Note"),
a copy ot which is attached and inco~porated by refe~ence, provided for monthly installments of principal and
inte:est, with the balance of the indebledness, if not sooner paid, due and payable on
C=EB~Ut',rtY 01~ ~~~:1.
TO SECURE to lender~~ the repayment of the indebtedness evidenced by the Note, with interest the~eon, the
paymenl of all other sums, with interest thereon, advanced ~n accordance herewith to protect the security of this Mort-
gage, and ihe periormance of the covenants and agreements of Borrower herein contained, and(b) the repayment ot
any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereoi (herein
"Future Advances"), Bo~~ower does hereby mortgage, grant and convey to Lender the tollowing described property
located in the County of ~~~ .~~'~ T~:-
State of Florida:
i. r;T :_, %~L..O~,t~ ~i9, i01JTN f-'C7~:T ~T'. L!.11IF_, lJ;.~IT iI;Y; ri; s~'t)~T~TTFr "~n
~I'r'tE r'~ ri % THcFiF~~ , r=~ii fi~~:~]~Ls~F~ I~ F'~.ra i~+70:i %~, ='r=eGi S.1. Y«y"':_'} ; 4~i
i HRr`vi~i-i i 4f~, GF TFiE F~~~E~1 iG F~:ECGRL~S G-= ~T . LCIGZE CC~~~?~ i~? : r ~~~n:tL~r+..
RE"~.lYED : 56.4 U IN PA~I!/EIR OF Tll~
CL'c CY CUSS 'C 1!RIINu'.SIE PfP.SOfiAI PR~?ERTY.
F;i: :,i::Jii TO t~ :?i~A 71•~~4, ACTS Of 1l71.
F.;.6ER P: ITRAS ~ ~'.
CL:kK q:~U1T COlIitT. ST. W:.IE CO.. FLA.
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.i ~i~ ~ :t~a3~:;J~SE.~yT F'R~ F'AF'cIi EtY =
::,; z1H~t ~ -i~M~t:Tit~ ~TI ±+~~ ~0. . ir~ ~.
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riJ-~7 ~~FFiGc rT i?. dtn, .~ ~~_r'r`±r ~, ri. n >j4'?~t
r,~- rr~+~:F A. SiGAF7Cl~F
•~ ~ rt a r
_fY:,il~.ii.•if~t~~
which has the address of =:~ i,-) ~'~ .S-1!Z~ ! lif-1~_l~ _ -. i i. J I ~...1~~ ~C ~ f Li1't l~if! •~3~r~.-'
fS~ree9
~Swte a~d Z~p Coeer
(herein "Property Address"-_
iC~tyt
TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights.
appurtenances, rents, royalt~es, mineral, oil and gas rights and protits, water, water nghts, and water stock, and all fix-
tures ~ow or hereafter attached to the property. all of which, inclucling replacements and additions thereto, shall be
deemed to be and remain a part of the properry covered by this Mortgage: and all of the foregoing, together w~th said
property (o! the leasehold estate iF this Mortgage is on a leaseholc~ are herein reterred to as the "Property'.
` Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage. ~
grant and convey the Property. that the Property is unencumbered, and the Borrowerwill warrant and defend generally
the titte 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 Lenders interest in the Property.
RENEGOTIABLE RATE FFMC (6/80) I:R ~
' ~s,~K 346 ~ssE 245
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