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HomeMy WebLinkAbout2742. 51~965 ~b• FIRST FEDER,AL SAVING3 AND LOAN ASSOCIATIO.N OF FORT PIERCE ~ . ia1. 0 MORTGAGE o, -23085309 TH~ PROMI880RY NOTS BFCURED BY THIB MORT(iAGS CONTAINB RENEGOTIABLS INTEREBT RATS PROVI8ION8. T~IE INTBIt~BT RATS AND MONTHLY PAYMEN'i'8 CALLED FOB BY BAID NOTS ARS THUB BUBJ~CT TO ADJU9TM~NT. ~ ~ THIB MOIi'1'QAOE i~ inads ttw :. .. .. ..... .~. . . . .~~d ....... . . . . . . . . . . d~y of .. . .. . .~~llu~!"y.. . ... . ... . . .. .. .... . , l9 al . . bst~vesa ths MortsaQor, . ...CW10. ~1.. l.dS~~R~ . ~ .Si119a ~ . ~ldua ~ . . . . . .. .. ... ... ... .. . . . ... ~. .. . .... . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . : (he~rein "Borrower'~. and the MortBa~ee. FIR9T FEDERAL 3AVIN(~ AND LOAN A880CUTION OF FORT PIERCE. a oorporation organized and ezistin~ under the laws of the United States, ~ whose eddrew i~ 100 $outh 3eoond 9treet. Fort Pierce, Florida 33450 (herein "I.ender"). ... WHEREA9~ Borrower i~ indsbted to Lendez in the principal sum of .EIlC:HT..~I1IE.:[H4uSAN0. ANR .NO%1~R ......:. ......... -(~i85.,00A.4A)----------------.:----nouars, which indebtedness is evidenoed by Borrower"s note dated ... ~ldl'Wdr~t. 2, . a~8a ............... .(herein "Note")~ providing for monthly installments of principal and interat~ with the balanoe of the indebtednees. if not saoner paid. or not eooner due for Borrower's failure to e:ercise renewal option~ ~et forth thsrein. due and pqyable on .lanuary 2Q~ 2011 TO $ECURE to I.ender (a) the repe~ymeat otthe indebtednesa evidenced by the Note, with interest thereon, the peyment af all other ~am~~ with intere~t thereon. advanced in aooordance herewith to protect the securi~y- of this Mortgage, and the pesformance of the covenant~ end aQreements of Borrower herein contained. snd (b) the rep~yment of any fnture advanoes. with interert thereon: made to Borrowez by Lendear pwnuant to paragraph 21 hereof (he~rein "Ptiture Advances"), Borrower doe~ hezeby .mortgage~ grant and convey to L.ender the follawing desaribed psoperty .located in the County of ........~~e.4~l~~g ...............................3tateofFlorida: _ Condominium Parcel No. 4291, of Seascape I, a Condominium, according to the Deciaration of Condominium thereof, as recorded in Official Records Boak 338; at Page 1033, and any amendments thereto, of the Public Records of St. Lucie County, Florida. ~cEttrEO = /~o, p o nl ~~~T oF T~ DUE ON CUISt 'C' 18?l.t;GBLE P:FiS~Y.:.L PROPERTY, FURSURIIT TO U1MTf: 71-~;;4„ A~TS OF U71. R06ER ~OtTT~AS f~EAX pRGYR COI-iiT, tT. W~E CO.. FlA.B~ • By agreement of Mortgagor and Mortgagee on file with•Mortgagee, the within mortgage secures not only an~existing indebtedness, but also ADVANCES to be HEREAFTER made ~y Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. which hes the addreee of . . . . . . , ~400, South Ocean Dri ve . . . . . . . , . . . Fort Pi erce , .......:................... .. . . ~sa~> cati~ Florida 33450 .............. . . . ... ....... ..... (herein "ProPertY Addreae"): ~s~.na tiP cAa.- TOGE1'HER with all the improvements now or hereaRer erected on the property, and aU easemente, rights, aPPurtenances. renta~ royalti~~ mincral, oil and gas righte and pro5ts, watar~ watez rights. and watez atock, and all 5zturee now or hereaftez attached to the property, aU of which, inclading replacements and additione thereto, ahall be deemed to be and remain a part of the pmperty oovered by thia Mortgag~ aad all of the foregoiag, together with said property (or the leass hold e~tate if thia Mortgage is on a leasehold) are herein referred to as the "Property." ~ Bosrower oovenants that Borrower ia lawfiilly seized of the eetate hereby oonveyed and hae the right to mortgege. grant I and oonvey the Property. that the Property ie unencumbered, and thai Borrower will wanant and defend generally the title to ~ the Property against all claims and demande~ aubject to any declarations. easements or reatrictip a sched e of eioeptiona to oove~age in any title insuranoe policy inauring Lender's intereet in the Property. $QQ~ ~~ ~~~? FIARIDA - 1•4 FA'~'iIT:~' ^'R~1 Lh' ~3 RRM~~