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FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE Sa 29~
MQRTGAGE ~0~-23085374
THS PROMISSORY NOTE BECURED BY THiB MORTGAGB CONTAINS RENEGOTIABLE INTEItEB'T
RATE PROVISION3. THE 1NTEAEST RATE AND MONTHLY PAYMBNTS CALLED FOR BY SAID NOTE
ABB THUB SUBJECT TO ADJUSTMENT. ~
THi3 MOR'!`GAGE is made thie 9th . day of . .. Januar~/ . .. .... . . .. . .. .. . . .. . ..
is ..81, betweentheMortgegor. .MA~X.M•..~TEVENS.~.a: sinyle:adult, ..........................................
. . .. . . . . . . . .. . . .. . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower">~ and the Mortgagee, FIRST FEDERAL SAVINGS
AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and exiating under the lawa of the United 3tates,
whose address is 100 3outh Second Street, Fort Pierce, Florida 33450 (herein "I.ender").
__ WHEREA3, B~o~g,w~~ i~$~bted to I.ender in the principal eum of .n"~ELVE,TNOUSAND.AND NO/100----------
. . .. . ... .. .. . .. ~ ~ ~ ~. ... . ... . .. .. . . . .. -..--- ---Dollars, which indebtednesa is evidenced by Borrower's
note dated ... . ...aanuarx. ~ a. .~.~$~ . .. . ... . . . . . . (herein "Note"),~providing for monthly inatallmenta of principal and
intereat, with the balanoe of the indebtedneas. if no~, aooner_ p~, or~~~sooner due for Borrower's failure to exercise renewal
optione eet forth therein, due and payable on ~anuary ,
TO SECURE to Lender (a) the repayment of the indebtednese evidenced by the Note, with intereet thereon, the payment of
all other sume. with intereet thereon~ advanced in aooordance herewith to protect the security of thie Mortgaqe. and the
performance of the covenante and agreementa of Borrower herein contained, and (b) the repayment of any future advancea,
with interest thereon. made to Borrower by Lender pureuant to paragraph 21 hereof (herein "Future Advancee")~ Borrower
dces hereby mortgage. grant and convey to Lender ~he following - described property located in the County of
. . .. ... .. .. .:.S~..111C~~ .. .... . . . . . . . . . . . . . . . . . , State of F'lorida:
~~ West 2 of Lot 11 and West 2 of Lot 12, less South 10.7
I ~ feet of Lot 12 for Street, Block 4, of EMANCIPATION
PARK, a Subdivision in the City of Fort Pierce, Florida,
according to a plat thereof recorded in Plat Book 1, at
Page 38, of the Public Records of St. Lucie County,
Florida. ~ ~
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By agreement of hbrtgagor and Mortgagee on file with
Mortgagee, the within mortgage secures not only an
existing indebtedness, but also ADVANCES to be HERE-
AFTER made by Mortgagee to Mortgagor the aggregate
of which will equal the principal amount specified in
the promissory note secured hereby.
Which ha8 the address of... 506 North 27th Street: Fort Pierce
tSt+eetl ICityl
F 1 Ot"7 dd 33450 ,,,~herein "Property Addrese");
~s~ „~a uv c~~
TOGETHER with all the improvemente now or hereafter erected on the property. and all easements. righte.
appurtenancee. rente, royalties, mineral. oil and gae righte and profita, water. water rights, and water atock, and all futurea
~ow or hereafter attached to the property. all of which. including replacements and additione thereto. ahall be deemed to be
~nd remain a part of the property oovered by thie Mortgage; and all of the foregoing, together with eaid property (or the lesee~
hold eatate if thie Mortgage ie on a leseehold) are herein referred to ae the "Property."
~ Borrowetr eovenants that Borrower ia lawfuUy aeized of the estate hereby oonveyed and hae the right to mortgage, grant
and oonvey the Propert.y. that the Property ie unencumbered, and that Borrower will watrant and defend generaliy the title to
the Property againet all claime and demanda, eubject to eny declaratione, easements or restrictions lieted in a schedule of
ezceptions to oovera~e in any title ineurance policy insuring Lender'e intereat in the Property.
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