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• ~~ ~~ .: • a ,~: . 4~ . ~ 2934 ~~S ~
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M O RTG~G~ '
THE PROMISSORY NOTE SECURED BY TH18 MORT~iA~3E CONTAINS RENEGOTIABLE INTERE8T RATE
PROVI810N8. THE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY SAID NOTE ARE THUS
SUBJECT TO ADJUSTMENT. .
• January, 1981
THIS MORTGAGE ~s made th~s-,~ day of belween the Mortgagor,
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(herein"Borrower'-, and the Mortgagee. F~rst Federal Savings and Loan Assoc~at~on ot Mart~n County, a corporat~on
organized and existing under the laws oi Ihe Un~ted States of America. whose address ~s 989 South Federal H~ghway.
Stuart, Florida 33494 {he~ein ~'Lender').
WHEREAS, the 6orrower ~s indebted to Lender ~n the pnnc~pal sum o1- ~~ ~~:;-~~ ~• ~•• •--~
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Dollars, wh~ch indebtedness is evidenced by Borrowe~s note dated January~ ~ 3 , 1981~herem "Note').
a copy of which ~s attached and ~ncorporated by reference, prov~ded for monthly installments of principal and
~nterest, with the balance ot the indebtedness, it not soone- paid, due and payable on
_ .. r. -
~" C:.F"!}~'{i*yn ~ 11 t~ i.t~'. .L
TO SECURE to lender ~a) the repayment ot the ~ndebtedness ev~denced by the Note, w~th ~nterest thereon, the
payment of all other sums. with mterest thereon, advanced ~n accordance herewilh to pro;ect the securfty Qt this Mort-
gage, and the pertormance of the co~~enants and agreements of Borrower herein contained, and (b) the repayment of
any future advances, with ~nterest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (here~n
~~ Futu~e Advances"). Borrower does hereby mortgage, granl and convey to lender the followmg descnbec! property
located in the County ot .~~ ~~
State of Florida:
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which has the address of ' ' ~ ' ' " ~- '~'"'' - ~ ~
5',~F•~
~saee a~x7 z~p code~
(herein "Property Address"-.
Fiecerve~ s -- l ` I/ - O , . .. . _ .. Jf Taxss
Due On Class "C'" mt.,n~~~~e p~~nal Prppeny,
PursuaM To Chapter 71.134. Aots p~ 1~.
~ Pomas rn<<
C~fC Ckadt couR ~t t~d~ Da~. Ra ~~
- , .- _: -.,
,c:sr
TOGETHER w~th all the improvements now or hereatter erected on the property, and all easements. rights.
~ appurtenances, rents. royalUes. mmeral, o~l and gas nghts and prof~ts, water, water nghts, and water stock, and alI hx-
tures now or heieafter altached to the property. all of which. ~nclud~ng replacements and add~tions thereto. shall be
deemed to be and remain a part ot !he property covered by this Mongage: and all of the foregomg, together w~th sa~d
property (or the leasehold estate ~f th~s Mortgage is on a teasehold) are herein referred to as the "Property'.
Borrower covenants that Borrower is iawiully seised of the estate hereby conveyed and has the rfght to mortgage.
grant and convey the Property. that the Properly is unencumbered. and the Borrower w~ll warrant and defend generally
the t~tle to the Property against all claims and demands, sub~ect to any declarat~ons. easements or restr~ct~ons I~sted
~n a schedule of exceptions to coverage in any title msurance pol~cy ~nsunng Lendef s interest ~n the Property.
RENEf30T1ABLE RATE FFMC (6/80) , ,~
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