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HomeMy WebLinkAbout1773S~_3391 ~ ~ FIR3T FEDERAL ~AVINGS AND LOAN ASSOCIATIQ~I ,~ . OF FORT PIERCE ~ j ~ ~ - ~ MORTGAGE Loan ~02-2~~~24 THg PROMISSORY NOTS BECURSD BY THIS MOIiTGAGIs CONTAINB ftSNg(iOTIABLS INTgREBT RATI~ PROVISIONB. THB INTSREBT RATS AND MONTHLY PAY~[TNTB CALLSD F'OIt BY BAID NOTS ARS THUB BUBJECT TO ADJUBTM~NT. . S MOR'1`(~A(~B i~ made this ., 9th ~ of January ., ~9 ~, bstween the MortQaQor, ..W~L~;~~t. E:..~istbN,~lD,~RJ(jR~E Mt. ~4~TRN.~.~I.~.4"1~~~ .................. .... . ....... ..... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower")~ and the Mort~eQes. P'IRST FEDERAL SAVING3 AND LOAN A3SOCU1'ION OF FORT PIERCE. a oorporation organised and eacisting undez the Isw~ of the United Stata. whose address is 100 3outh 3eoond 3treet. Fort Pie~rce, Florida 334b0 (he~rein "I.endear'7. THIRTY NINE THOUSAND SIX HUNDRED AND WHEREA3, Borrowar ie indebted to Lender in the principal eum of . ..... . .. . .. . . . . . . ... . .. . ... . ...... . .. . . . . . .NOf~~Q---r--------r---r.----(Se39.>60Q.OQ~-r.--l----DoUars, which indebtedness is evidenoed by Borrowar's note dated . . . . . ~dll4dX'.Y. ~ s .1.981 . . . . . . . . . . . . . . (herein "Note'~~ Providing for monthlyr installmenta of principal and interest, with the balanoe of the indebtednese, if not aooner paid. or not eooner due for Borrower'a failure to esercise re~ewal optione set forth therein. due and p~yable on JanuarY 20, 2Q11 TO SECURE to Lender (a) the repayment of the indebtednees evidenoed by the Note, with iate~reet thereon. the peym~t of all other anms, with interest thereon, advanoed in aooordanoe herewith to protect the secnrity of this MortQage~ aad the perfornaance of the oovenants and agreements of Borrower herein oontained. and (b) the rep~yment of any fntnre advanoes. with interest thereon. made to Borrower by Lendear pursuant to paragraph 21 hereof (herein "P~tnre Advances'~. Borrowear dcee hereby mortgage. grant and oonvey to Lender the following desc~abed property located in the County of St. Lucie ............:............. . State of Florida: ..................... Apartment No. 108, The Woodland Condoininium Apartments, Building I, according to the Declaration of Condominium and all exhibits tfiereto, dated December 9, 1980, recorded December 19, 1980 in 0. R. Book 345, Pages 795 through 868, of the pu6lic records of St. Lucie County, Florida. '~ By agreement of Mortqagor and Mortgagee on file ~j~ with Mortgagee, the within mortgage secur~s not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. Received 4 ~~,~ In Paymont Of Texe! Que On CIaSC "C" !rna~ ;ibie PQrs~na~ prc~~t~r~ o=~~tua~~t To Chap;er 71, ? 3:, ~cts Ot ' 9~. ROGEr~. PuiTRAS ~~ ~ ~e•5 C~rcui: Court. St. ~uae, Co., Fla. whichhastheaddreseaf..... ~516,South,l9th.Street,.,, , Fpr~,P~~r~g,,,,,,, ,,,,,,,, ..................... .. . isa~~ . ccyv~ F1 ori da 33450 ...... ...... (herein "Propert~- Addrees"): .................... ~sw~ aoa tip c~- 1~0('ETHER arith all the impmvemente now or hereafl~er erected on the property~ and aU eaeemente, rights, appurtenancee, renta, myaltiee, mineral, oil and gae righte and pro5ta, water, water righta. and water etocl~, and all fi~ures ' now or h~areafl~er attached to the property, all of which, includiag replac~nente and additiona thereto. shall be deemed to be and remain a part of the property oovered by this Mortgag~ and aU of the foregoing, together with said property (or the lease~ hold eatate if this Mortgage is on a leaeehold) are hez+ein referrEd to as the "Property." ~ Borrower oovenante that Borrower ie lawfully aeized of the eetate hereby oonveyed and has the right to mortgage, grant and aonvey the Property. that the Property is unencumbered, and that Borrower will warrant and defead geaerally the title to the Property againat all claima and demande, aubj¢ct to any declarations~ eaeemente ar respridions lieted in a schednle of ezceptions to oovernge in any title inaurance policy insuring Lender's interest in the Psoperty. FIARIDA - 1-4 FAMII,Y 7~l30 ~346 PA6E~~ 1-N #3 RRM ---- - --- _~