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S13992 THIS INSTRUMENT N'AS PREPARED 8Y:
CITIZENS FEUERAI. SAVINGS AN~ L.OAN
ASSOGIATION OF 5T. LUCIE COUN7Y
1i00 S. FEDERAL HIGNWAV, FT. PIENCE, FLOqIDA
C. R. MCDONALO, JR., GENERAL COUNSEI.
RENEGOTIABLE RATE ~
MORTGAGE ,~.gS
(SHORT FORM)
THIS MORTGAGE is made this EtEVENTH ~ day of JANUARY
19,$1._ ~ between the Mortgagor~ FREDD 1 E E. HOWARD AND NQRMA .1, HQWARD~ h i s w~ fe ~
, (herein "Borrower")~ and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN AS.SOCIATION OF ST. LUCIE CrJUNTY, a corporation
organized and existing under the laws of the United States of America, whose address is 1600 South Fed-
eral Highway, City of Fort Pierce, Co~ity of St. Lucie, State of Florida, (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of FORTY THREE TNOl1SAND
N i NE HUNDRED AND NO/ i OQ----------------------------- Dollars~ which indebtedness is evidenced
by Bon~ower's note dated (herein "Note")~ providinq for monthly
installments of principal and interest~ with the balance of the indebtedness, if not sooner paid, due and pay-
able on Feb~rv 1. 2011 - ,
'1'O SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (b) the payment of ail other sums, with interest thereon~ advanced in accordance herewith to
protect the security of this Mortqaqe; (cj the performance of the covenants and agreements of Borrower
hec~ein contained; (d) the performance of the covenants and aqreements incorporated by reference hereinto;
and (e) the repayment of any future advances, with interest thereon~ made to Bonower by Lender pur-
suant to pazagraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower
dces hereby mortgage, grant. and convey to Lender the following described property located in the County
of ST. LllC 1 E State of Florida:
Lots 13 ~ 14, Block 4, IAKEW00D PARK, UNIT 86, according ta the
plat tbereof on file in Plat 6ook 11, Page 48, Public Records
of St. Lucle County, Florida.
The PROMISSORY NOTE secured by this MORTGAGE contains renegotiable
interest rate provisions. 7he lNTEREST RA7E and MONTHLY PAYMENTS
called fo~ by said Note are thus subject to adjustment.
RfCflYED i g7. SO IM ~AYM~fT OF TAI~f
D0: oy cta:f 'C INTAN6:BLE PERSONJ-l rROPEKTY~
FORSJIINT TO c HAP~;: 71•:~4, ACTS OF UJt,
K~Gs'4 PWTRAS r
CL;RK d3~U+T COUNt. ST. IUCIE C0. Fl~~ -
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which has the address of 8503 C i trus Park Bivd. , Fort P i erce, F~orida 3345~
(herein "Property Address"~ ~ ~ ~sTREET~ (C~TY~
TOGETHER wich all the improvements now or hereafter erected on the property, and all ease-
ments, riqhts, appurienances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements
and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage;
and aIl the foregoing, toqether with said property (or the leasehold estate if this Mortgage is on a lease-
hold) are herein refenred to as the "Property".
Borrower covenants that Borrower is ?awfully seised of the estate hereby conveyed and has the right
to mortgaqe, grant and convey the Property, that the Property is unencumbered, and that Borrower will
warrant and defend generally the tide to the Property against all claims and demands, subject to any declar-
ations, easements or restrictions listed in a schedule of exceptions to coverage in any tide insurance policv
insuring ~.ender's interest in the Property. _
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