HomeMy WebLinkAbout1699, . , ~ PS-4074~ `. ~ b~
515182 ~ . .. : . , ~
MORTGAG E
THE PROM1880RY NOTE 8ECURED 8Y THIS MORTOA(iE CONTAIN8 RENEQOTIABLE INTERE8T RATE
PROV1810N8. THE INTEREST RATE ANO MONTHLY PAYMENTS CALLED FOR BY SAI~ NOTE ARE THUS ~
SUBJECTTOADJU8TMENT. ~ $~~~
•
THIS MORTGAGE is made th~s .~~ day of J~Y.1981 between Ihe Mortgago-,
WAYNE E. LEACH AN11 JANE S. LEACH, HIS WIFE
(herein"Borrower'1, and thg Mortgagee. First Federal Savfngs and Loan Assoc~at~on o1 Martin County, a corporation
organized and existing under the laws ot the United States oi America, whose address is 989 South Federal Highway, .
Stuart. Florida 33494 (herein ~~~ender'.
WHEREAS, the Borrower is indebted to Lender ~n the pr~ncipal sum ot'- ~~ ~3600. 00> ---
•---FIFTY-THREE THOUSAND SIX HUNDRED AND ~!0 /100 THS---
Oollars, which indebtedness is evidenced by Borrower's note dated ~ J~uary ~ 1981 (herein "Note'-,
a copy of which is attached and incorporated by reference, provided for monthly installments ot~princ~pal and
mterest, with the ba(ance of the ~ndebtedness, if not sooner pa~d, due and payabte on
JULY O1, 2011.
TO SECURE to lender(~ the repayment oi the indebtedness evidenced by ihe Note, with intersst thereon, the
payment of all other sums, with interest thereon, advanced in accordance herew~th to protect the securityof th~s Mort-
gage, and the pertormance ot the covenants and agreements of Borrower here~n contained, and(b) the repayment of
any future advances, w~th interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (here~n
"Future Advances"-. Borrower does hereby mortgage, grant and convey to Lender the (ollowing described property
located in the Counry of ST . LUCIE ~
State oi Ftorida:
LOT 13, BLOCK 710, FORT ST. LUCIE SECTIOh EIGHTEEt~, ACCORI~IAlG TO
THE PLAT THEREOF, AS kECORLIEU IN PLAT E+OOK 13, FAGES 17 ATlD 17A
'THkOUGH 17h. OF TH~ FUbLIC kECO~DS OF ST. LUCIE COUNTY. FLORIDA.
~`~~ f ~_ ~~ ~ d~AY~E1fi OF TAX~
Gtli ~'1 CIRSt 'C IHTAlt6:8lE PER5~1tUL PROPERTY~
Fi'~.;,;;:NT TO CM'3T_i 7t-•~~, I:~TS OF tal~
h:6fri P~lir'.AS
CL;kK C!;-iYT C~OeT. ST. l{I:.IE W. F1A(~Q.
THIS INSTkUME~lT F'kEFAREU bY:
STUAf:T-MARTIN 7ITLE CO_, INC.
F'OST OFFICE BOX 8fi6. STUAkT. FLA. 33494
HY: DE&kA A. SIGAFOOSE ~
Lt~19020450893
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t
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wh~ch has the address of 67~ FOkT ST. LUCIE FsLVU_ . F'OkT ST. LUCIE, FL. FLOkIDA 334~
+Srate anA Z~p G~r~n
~5veeo
Iherein "Property Address").
~Cdh
TOGETHER with all the improvements now or hereafter erected on 1he property, and aIl easements, rights.
appurtenances, rents, royalties. m~neral. oil and gas rights and profits, water, water rights, and water stock. and all t~x-
fures now or hereafter attached to the property, aIl of which, including replacements and additions thereto. shall be
' deemed to be and remain a part of the property covered by this Mortgage: and all ot the torego~ng, together w~th sa~d
property (or the leasehold estate if this Mortgage ~s on a leasehold) are here~n reterred lo as the "Property'.
Borrower covenants that Borrower is lawtutly se~sed ot the estate hereby conveyed and has the r~ght to mortgage.
grant and convey ihe Property, that the Property ~s unencumbered, and the Borrowerwili warrant and defend generalty
the tdle to the Property aga~nst atl claims and demands. sub~ect to any declarations. easements or restrictions I~sted
~n a schedule of except~ons to coverage in any t~tle insurance policy insuring ~enders interes! in the Property.
RENEGOTIABLE RATE FFMC (6/80) $~j~34 1 PAGE~~J•J
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