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FIRST FEDER,AL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE 514925
MORTGAGE o~ -23085861
THS PROMI8808Y NOTE SLCURED BY THIS MOBTGAGE CONTAIN9 RENEGOTIABLE INTEAEST
RATB PROVI8ION8. THE INTSREST RATS AND MONTHLY PAYMENTB CALLED FOR BY SAID NOTE
ARS THUB BUHJECT TO ADJUBTMENT.
.,
THI3 MOR'1'GAGE is made thie . . . . . . .... . 26th d~y of, . .~. . . . .~anuary~ . . . . . . ... . . . .
is $~ , between the Mortgagor. . ?homas. ,1. . Stepben.. ~a . s.iagte. adult. ~aad .L~.11 ~~aa. R. . P.ow,el l., . a . . . . . . . .
.
.s~ng]re. d,du~ t ... . .. . .. ...... .. ...... . ..... ... . (herein "Botrower"), and the Mortgagee, FIRS1' FEDERAL SAVINGS
AND LOAN A380CIATION OF FORT PIERCE, a oorporation organized and exieting un~ier the lawe of the United Statee.
whoee address is 100 South 3econd Street, Fort Pierce, Florida 334b0 (herein "Lender").
WHEREA3~ Borrower ia indebted to I.ender in the principal eum of .EARTY. .EI1IE. TN~ISANO. AdQ .NO%1 RQ------
------------- :(t45.A00...00~----------------------Dollara~ which indebtedness is evidenoed by Borrowes's
... ..............
note dated . . . . . . . . . . . . . . . .. . . . . . . .. . . . . . . . . . . . . . . (herein "Note"). Providing for monthly installments of principal and
intereet~ with the balance of the indebtedneae, if not sooner paid, or not aooner due for Borrower'e failure to exerciee renewal
options aet fosth therein. due and payable on ~ ~ ~phr ~arT?0~ ?(111
TO SECURE to Lender (a) the repayment of the indebtedneaa evidenced by the Note. with intei~est thereon. the payment of
all other aums~ with interest thereon~ advanced in aooordance herewith to protect the eecurity of this Mortgege~ and the
performance of the covenanta and agreementa of Borrower herein contained. and (b) the repqyaaent of any future advances,
with intereat thereon. made to Borrower by Lender pursuant~to~paregraph 21 hereof (herein "~ture Advances"), Borrower
does hereby mortgage, grant and convey to Lender th~ following descaribed property .located in the County of
. . . . . . . . . . . . . . . .. . .5~... l tJC~~ . . . . .. . . . . . . . . . . . . . State of Florida:
Beginning at a point 16.25 feet~East of the Southwest corn~r of
Lot 10 (on the North right-of-way line of Trinidad~~lvenue); in
Block "J" of MARAVILLA ESTATES, and run thence North parallel
to the West line of said Lot 10, a distance of 125 feet,.thence
run in a Southwesterly direction to a point on the West line
of Lot 11, Block "J" of Maravilla Estates 125 feet North of the
Southwest corner of said Lot 11, thence run South along the West
line of Lot-11 a distance of 125 feet to the Southwest corner
thereof, thence run in an Easterly direction along the North
right-of-way line of Trinidad Avenue a distance of 86.4 feet to the
point of beginning. Same being a part of Lots 10 and 11, Block
"J" of Maravilla Estates, a subdivision.in the city of Fort Pierce,
Florida, according to a_plat thereof recorded in Plat Book 8, Page
77, of the public records of St.'Lucie County, Florida./
, ~ 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 oO ~~ pavmentO~T~
hereby. ~11 n,~ proo~ri
aecewed ~ Mta~9'b1e P~~ -
O~eOnCUM~C~ t34 ~a'{~•
- - PutMM~T° ~~t POtTM~ ~ `c
c~ ~~ ~~, ~t, ta~ Co~.
which has the addrese of . . . . .l U24. .Tri.ni dad. Avenue . . . . . . . . . . . . . . . . . . . . . . . . . fort .P. ierce . . . . . . . . . . . . . . . . . . . . . ,
~g~l (Cit~)
. . F 1 o ri da. 33450 . , , . , , , , _ , , ~erein "Property Addresa">; -
~sau.,~a z~p c~-
TOGETHER with all the impmvements now or hereafter erected on the property, and all easementa, righte.
appurtenancee, renta, royalties. mineral, oil and gae righte and profita. water~ water righta. and water stoclc. and all fucturea
now or hezeaRer attached to the pmperty, all of which, including replacements and additione thereto~ ahall be dcemed to be
and remain a pert of the pmperty oovered by thia Mortgage; and all of the foregoing~ together with esid property (or thelease
hold e8tate if this Mortgege is on a leasehold) are herein referred to ae the "Property."
Borrower c~ovenante that Borrower ie lawfully seized of the eetate hereby conveyed and has the right to mortgage. grant
and oonvey the PropertY. tl~at the Property ie unencumbered, and that Borrower will warcant and defend generaUy the title to
the Property against aU claima and demande, eubject to any declarations, easemente or reetrictions lieted in a achedule of
exceptions to ooverage in any title insurance policy inauring Lender's intereat in the Praperty.
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