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AND LOAN ASSOCIATION ~
FIRST FEDERAL SAVINGS
OF FORT PIERCE 514636
MORTGAG~ 10-23085655
THE PROMIS308Y NOTE 3ECURED BY THIS MORTGAGE CONTAINS RENEGOTIABLE INTEREST
RATE PROVISIONS. THE INTERE3T RATE AND MONTHLY PAYMENT3 CALLED FOR BY 3AlD NOTE
ARTs THUS SUBJECT TO ADJUSTMBNT. •
T IS MOA'PGAGE is made this , , . . 14th . . . . . , , , d of . , January . . . . . . . . . . . . . . . . . . . . . . .
is .$~., between theMortgagor. ...~aynard :A;.:~erry:arid:June :~;.,,~rry,;.iiis_ wife .......................:
. . .. .. . . . .. . . . . . . .. . .. . . . . .. .. . . . . .. . . . .. . .. . . . . . . (herein "Borrower"), and the Mortgagee, FIRST ~'EDERAL SAVING3
AND LOAN ASSOCIATION OF FORT PIERCE, a oorporation organized and existing under the lawe of the United States,
whoee addreas is 100 South Second Street, Fort Pierce. Florida 33450 (herein "Lender").
WHEREAS Borrower debted to nder in the principal aum of . Twg~tt,y, Ni ~e , ThquS~-ld , Fi ve Hundred, ,,,
. and. No/ 1d0--------;~ ~29, 500 ;~~ -= ,----, , , , , , , , ; , , , , Dollars, which indebtednees is evidenoed by Borrower's
note dated . . . .~anuary, 14,,. ,1981, , , , , , , , , , , , , , (herein "Note"), providing for monthly installmenta of principal and
intereat, with the balance of the indebtedneas. if not sooner paid. or not sooner due for Borrower's failure to exercise renewal
optioas set forth therein, due and payable on JdnuarY 20, 2011
TO SECURE to L.ender (a) the repayment of the indebtedness evidenced by the Note. with intereat thereon. the payment of
all other aume. with intereet thereon~ advanced in accordance herewith to protect the security of this Mortgage~ and the
performance of the covenante and agreements of Borrower herein contained. and (b) the repayment of any future advancee~
with intereet thereon. made to Borrower by Lender pursuant to ~paragraph 21 hereof (herein "~ture Advancea"). Borrower
dces hereby mortgage. grant and convey to Gender the following described property located in the County of
. . . . . St ., , LuCI e . . . . . . . . . . . . . . . . . . . . . : . . . . . . . . . . State of Florida: ` - ~
Lot 2, Block 238, PORT ST. LUCIE SECTION 28, according to the plat thereof
as recorded in Plat Book 14, page 7, public records of St. Lucie County,
Florida.
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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 by Mortgagee to Mortgagor
the aggregate of which will equal the principal
amount specified in the promissory note secured
hereby.
Receiveri s~/' ~ In Pavment pi Taxe~
Oue On CIaSe "C"' !nt~~qitiirp~•.c~~a-n{~~
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PUrSi;A!'st TO ~.~S:~a;::P' .~ ~ ~ .r -. %tr.'S i)~ ~Q~.
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whichhas-cheaddressof.....Biltmore.Street ....................................Port..St.,,Lucie....,,.,...,,
~~~- ICicr- •
Fl ot'i dd . . , 33452 . . . . . , , ~herein "Property Addresa");
isak.~a zo c~-
TOGETHER with all the improvements now or hereafter erected on the property, and all eaaementa, righte,
~ appurtenancea. renta~ royalties, mineral, oil and gas rights and profit8; water, water rights, and water atock, and all fisturea
now or hereafter attached to the property. all of which, including replacements and additione thereto. shall be deemed to be
and remain a part of the property ooeered by this Mortgage; and all of the foregoing, together with esid property (or the lease
hold estate if thie Mortgage is on a leaeehold) are herein referred to a8 the "Properh-." •
Borrower covenants that Borrower ia lawfully aeized of the estate hereby conveyed and has the right to mortgage, grant
and convey the Propertv. that the Property is unencumbered, and that Borrower will warrant and defend generally the title to
the Property againat all claims and dec~Sanda, subject to any declaratione. easements or reatrictiona listed in a schednle of
exceptione to ooverage in any title inaurance policy insuring Lender's interest in the Pro rty.
FT,nRIT)A - t~ 1 FA1tt(.Y ^`RO B~JOK34`~' PA~E V~1 :,Iv` ~3 RRM
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