HomeMy WebLinkAbout2371163 023873
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~~~~` °;,~~o +~" ~ ~'`~ MORTGAGE
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__ THIS MORTGAG~ is made this 2 3 RO day of D E C EM 6 E R
between the Mortgagor. ~
EDWARD L. WORTH, A SINGLE MAN
~y ~ ~
PS-4003
. 198 0 .
(herein "Borrower"), and the Mortgagee,
HSRITAGS FEDERAL SAVINGS AND LOAN ASSOCIAT[ON , a corporatian organized and
cxisting under the laws of THfi UNITED STATES OF AMERICA• -
whose address is 230 NORTH BEACH STREET, DAYTONA BEACH, FLORIDA
(herein "Lender").
- WHEREAS~ Borrower is indebted to Lender in thc principal sum of
~` ~~ FORTY-FOUR THOUSAND AND 00/100 Dollars,
~; which indebtedness is evidenced by Borrower'S/~~~~EpECEMBER 23, 198Q
~ (hercin. "Note"), pruviding for mnnthly installments of principal and interest, with the balance of the indebtedness.
if not sooner paid, due and payable on DECEMBER 25, 2010 ;
To SECURE to Lender (a) the repayment o[ the indebtedness rvidenced by the Notc, with intcrest thereon, the
payment of all other sums. with interest thereon, advanced in accordanre herewi-h to protrct the security of this
Mortgage, and the performance of the covenants and agreements of Borrowrr herein contained, and (b) the repayment
of any fuwre advaoces, with interest thercon, made to Borrow~r by l.cndcr pursuant to paragraph 21 hercof (herein
"Fuwre Advanees" ). Borrower does hereb~+ mor~gage, grant anJ come~~ to Lendcr the following described property
located in the County of ST. LUC I E , State of Florida:
BEGIN AT THE INTERSECTION OF THE SOUTH LINE OF THE NORTH
~ 360 FEET OF THE SO.UTHEAST 1/4 OF TNE SOUTHEAST 1/4 OF
~i ,~, SECTION 5, TOWNSHIP 36 SOUTH, RANGE 40 EAST, ST. LUCIE
==; ~° o ~ COUNTY, FIORIDA, AND THE WEST RtGHT OF WAY LINE OF HAh'LEY
-~~~~ o ROAD: THENCE RUN S89°57'22"W, ALO~1G TNE SAID SOUTN LINE OF
~;,, "_' o '" `` THE NORTH 360 FEET, A D 1 STANCE OF 131. 67 FEET ; THEtVCE RUN
~ Q G Q m~ N00°02' 38"W, A DI STANCE OF 132.84 FEET, THE~!CE RUti
Y~~ ~ o m S85°O1' 14"E, A DI STANCE OF 109.08 FEET, TO THE P01 NT OF
~~,~ R CURVATURE OF A CURVE CONCAVE TO THE SOUTHW.EST: THENCE RUN
:r ~= °~° J °' o SOUTHEASTERLY ALONG SA 1 D CURVE HAV I t3G A RAD I US OF 25. 00 FEET
;f W' ~
~ o AN INTERIOR ANGLE OF 84°51'36"
AND AI~ ARC LERGTN OF 37
03
;
--_ ` ,
.
~EET, TO THE POINT OF TANGENCY OF SAID CURVE: THENCE RUN
~ f, S00°09'38"E, TANGENT TO SAID CURVE, A DISTANCE OF 98.43 FEET
TO THE POINT OF BEGINNING, ALL LYING AND BEING IN SECTION 5,
TOWNSHIP 36 SOUTH, RANGE 40 EAST, ST. LUCIE COUNTY, FLORIDA.
FH LBB-INDEX 12.85
~PROVIDED, HOWEVER, THAT SAIO NOTE MAY BE AUTOMATICAILY RENEWED AT THE
OPTION OF THE BORROWER, IN ACCORDANCE WITH THE TEP.MS AND PROVISIO~S OF
SAID NOTE. ~
*~TOGETHER WITH ANY ~XTENSIONS, RENEWALS OR MODIFICATIONS THEREOF WHICH
ARE MADE IN ACCORDANCE WITH THE PROVISIONS OF SAID NOTE.
which has the adJress of 2501-2503 LUCY LANE •{~JHI TE CI TY
tstreei) te~eyl
F LO R 1 DA 33 4 S 2 ( hercin "Proprrty Addr~ss" ); '
(Sbte snd 2ip Codl)
TOGETHER WI[Fl aII the improvements now un c~r~aRer crrcted on thr pruperty, and all casemrnts, rights,
appurtenanccs, rents, royalties, mineral, oil anJ ga. rights and pmfits, watrr, watrr rights, and watrr stcx;k, and all
fixtures now or hereafter attached to the property, al! of which, including rcplsccmrnts and aJditiuns thercto, shall be
dcemcd to be and remain a part of the propcrty covercJ by this Mortgagc; and all of lhc fe~r~goinb, togcther with said
property (or the Ieasehold estate if this Mortgagc is on a Icaschold ~ arc hrrein refcrred to as the "Propcrty".
Borrower covenants that Borrower is lawfully seised of the rs~ate hrreby conveyed and has the right to mor.gage.
grant and convey the Propeny, that the Propcrty is unencumbcred, and that Borrowrr will warrant and defenJ :
generally the tiHe to the Property against all claims and demands, subjrct to any declarations, rasemcnts or restrictions
listed in a schedule of exceptions to coverage in any title insurancr polic~• insuring LenJer's inlerrst in the Property. `
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