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.Jensen ~ Beacli , ~ F~or~iia
MORTGAGE . 334s~
THIS MORTGAGE is made this ~7 h . day of . . . . . Janusr'v . . . . . . , , . , ,
19.$1., betwcen the Mortgagor, . . F~DERICKtR., , SCAItBROUGH_.. . . . . . . .ti .. .. . . . . . . . . . . . . . . . . . . .
. . ......... .. .. ... ...... . . ..
. . . . . . . . . . . . . . . . (herein "Borrower"), and the Mortgagee, . . . . . . . . . . . . . . . . . . .
, ,J,F~NSEN, ,BEACR, BANR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a corpopa O n or~aniusi and
eaistin under the laws of. .. :. . . .Florida. . . . . . . . . . . . whose address is. . . .. . . . . ~X. ~.~. ..
, 19~9 ,N; E; , Commereial . Str,eet,, ..Tensen _Beach.~, _ F1orida, ~~~;n "Lcnder").
WHBREAS, Borrower i debted to Lender in the principal sum of.FIFTY .EIGHT. THOUSAND. FIVE ..
, HUNDItED AN D N0~1~0 - - - - - - -.- - - - - - - - -- po~~ars, which indebtedness is evidenced by Borrower's
note dated . . ,j.anusry, , 7, . _19 $1, , , , , (herein "Note"). peoviding for monthly installments of principal and
interest, with the balance of the indebtedness. if not sooner paid, due and payable on . . . . . . . . . . . . . . . . . . . . . . . . . .
....................:
To SECVRE to I.ender (a) the repayment of the iadebtedness evidenced by the Note, with interest thereon, the
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this
Mortgage, and the performance of the oovenants and agreements of Horrower 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 dces hereby mortgage, grant and convey to I.ender the following described property
located in the County of. . . . . . . . .St... .LuCie . . . . . . . . . . . . . . . . . . .. State of Florida:
A part of Lot 9. Block 2, St. Lucie Gardens Subdivision, according
to the Plat thereof, recorded in the Office of the Clerk of the
Circuit Court in and for St. Lucie County, Florida, in Plat Book 1,
Page 35 , Public P.ecords ; said property lying and being located in
Section 26, Township 36 South, Range 40 East, and being more
particularly described as follows:
Starting at a point being 1160.00 feet Southeasterly on the inter-
section of the Westerly line of Lot 8, Block 2, St. Lucie Gardens
Sub division, according to the Plat thereof, and the Westerly right
of way line af State Road ~~S (U. S. ~~1) ;(1) thence continue South-
easterly along the Westerly right of way line of U.S. ~~1 a distance
of 100.00 feet to a point;.(2) thence run Northwesterly along a line
being at right angles to the Westerly line of Lot 9, a distance af
584.18 feet to a point on said Westerly line of Lot 9; (3) thence
run Northeasterly along the said Westerly line of Lot 9 for a distance
of 88.60 feet to a point; (4) thence Southeasterly along a line being
at right angles to the Westerly line of Lot 9 for a distance of 537.82
feet to the point and place of beginning.
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which hasthe address of .........................................................................
[St-e~t1 [City)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Property Address");
(Sbb snd Zip Codel
ToceTHER with all the improvements now or hereafter erected on the property, and all easements, rights,
appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, 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; ~nd all of the foregoing, together with said
propeRy (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property".
Borrower covenants that Borcower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
grant and convey the Property, that the Property is unencumbcred. and that Borrower will warrant and defend
generally the tide 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 interest in the Ptoperty.
FLORID~-1 to 4 Fmnily-6115-FMMAIFIIIMC UNIFORM INSTRUMENT aD~X
4~ P4GE e3~ Fss ies Rev. 30/77
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