HomeMy WebLinkAbout2377163 023872
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o~~,,~~c R~~~, MORTGAGE
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_ TH1S-MORTGAGE is made this 2 3 RD day of D E C E~AB E R , 19 8,~
between the Mortgagor.
EO~IARD L. WORTH, Q SI NGLE MAN
( herein "Borrower" ), and thc Mortgagec,
~~ HBRITAGB FEDERAL SAVINGS AND LOAN ASSOCIAT[ON , a corporation organizccl and
a caisting under the laws of THE UNITED STATES OF AMERICA
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whose aJJress is 230 NORTH BfACH STRBST~ DAYTONA BEACH. FLOR[DA
(herein "Lender").
WHEREAS, Bor~'ower is indebted to Lcnder in the principal sum of
FORTY-F 1 VE THOUSAND S! X HUNDRED ~~~~~Q~~~O ~ Dollars,
which indebtedness is ~ videnced by Borrower's /bo e a e8 D E C E M 6 E R 2 3, 19 8 0
(herein "Note"), providing tor monthly - in~tallments of principal and interest, with the balance of the indebtedness,
if not sooner paid, due anJ payable on D E CEMB E R 2 5, 2 O 10 ;
To SECUttE to [.ender (a) the repayment ot thc indebtrdness rvidenred by thc Notc, with intcr~st thercon, the
payment o( all other sums, with interest ihereon, aJvaneed in accor~anre hrrrwith to protect the security of this
Mortgage, and the performance of the covenants and agreements of Borrowcr herrin contained, and (b) the repayment
of any future advances, with interest thereon, made to Borrowcr by l.cndcr pursuant to paragraph 21 hercof (hercin
"Future Advances"). Borrower docs hereby murtgage, grant and ct-nvey to Lendrr the, following described ~roperty
located in the County ot ST. LUC 1 E •; $tate of Florida:
BEGIN AT THE INTERSECTION OF THE SOUTH L1~lE OF THE NOP.TH
30 FEET OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SECTION
5, TOWNSHIP 36 SOUTH, RANGE 40 EAST, ST. LUCIE COUNTY,
F LOR I DA, AND TH E wEST R I GHT-OF-k'AY L I NE OF HA4ILEY ROAD,
THENCE RUN S 00°09'38" E, ALONG THE SAID 4lEST RIGHT-OF-WAY,
A DISTANCE OF 121.13 FT., TO THE PUINT OF CURVATURE OF A
~ CURVE CONCAVE TO THE NW, THENCE RUN SOUTH4.ESTERLY ALONG
THE SAID CURVE HAVING A RADIUS OF 25.00 FT., AN INTERIOR
~+ ANGLE OF 95°08'24", AND AN ARC LENGTH OF 41.51 FT. TO THE
~ n n~ POINT OF TANGENCY, THENCE RUN N85°O1'14" W, TANGENT TO ~
~ ~ ~ o ~ SAID CURVE, A DISTANCE OF 85.97 FT., THENCE RUN N 00°02'38" W
~>' Y ~ A DISTANCE OF 138.0~5 FT., THENCE RUN N 89°57'22" E, A DISTANCE
~"`~' ~~"~ OF 112.58 FT.; T~ THE P0113T OF BEGINNING, ALL LYING AND BEING
n~~~ m~ I N SECTI ON S, TOWNSH l'P 36 SOUTH, RANGE 40 EAST, ST. LUC I E
v ~~ a °' COUNTY F LOR I DA.
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~~~ i`° ° FHLBB- I NDEX 12.85
~~" *PROVIDED, HOk~EVER, THAT SAID NOTE-MAY BE AUTOMATICALLY RENEWED AT
VISIONS~OF SAI~H~OTERROWER, IN ACCORDANCE t:'ITH THE TERMS AND PRO-
^*TOGETHER Y~1TH ANY EXTENSIONS, RENE4IALS OR.MODIFICATIONS THEREOF
WHICH ARE MADE I'N ACCORDANCE w'ITH THE PROVISIONS OF SAID NOTE.
which has thc address of 2502-2504 LUCY LANE . {~!H I TE C I TY
[street) [City)
FLORIDA 33452 (hercin "Proprrt~~ Addr~ss");
(sate snd zip Code)
TOGETHER Wllfl eII thc improvrmcnts now on c~reaftcr crcctcd <m thr propcrt~~, and aU rasemrnts, rights.
appurtenancrs, rcnts, royaltics, mineral, oil and gas rights anJ profits, watcr, watrr rights. and watrr ~tcxk, an~J all
fixtures now on c~reaRcr attached to thc propcrty, all of which, i:utuJing r~placrmrnts and aJditiims thcrrto, shall M:
dcemed to be and remain a part of the propcrty cmercJ by this Mor~gage; and all ~,f thc furegoing, togcther with said
property (or the leasehold estate if this Mortgage is on a Ieasrhold~. arc hrrcin rrferred to as the "Property".
Borrower covenants that Borrower is lawfully sciscd of the cstate hrreby convcycd and has thr right to mortgage,
grant and convey the Property, that the Property is unrncumbcred, and that Barrower will warrant and defrnJ
generally the titlr to the Property against all claims anJ demanJs, subject to any Jeclarations, rasemcnts or restrictions
~ listed in a schedule of exceptions to coverage in any title insurancr policy insuring l_ender's interrst in the Property.
't fLORIDA-i to 4 fxndy-6/75-fNMA/FNLMC UNIfORM INSTNUMENT
~ vMP COASOItOAT(D •ul~w[ss rowMS, ~~t.
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g~K 346 ~A~E 2373