HomeMy WebLinkAbout19374, ~ ; ~ ~. ~:~ 5153U8 r~.~lo~ /
M O ~"~`G AG E ~ ~ ~
THE PROM1880RY NOTE 8ECURED BY THIS MORTOAGE CONTAIN8 RENEOOTIABLE INTERE8T RATE
PROV1810N8. THE INTEiiE8T RATE ANO MONTHLY PAYMENTS CALLED FOR 8Y 8AI~ NOTE AiiE THU8
SUBJECT TO ADJU$TMENT.
TFyS MORTGAGE is made thi~ ~BTH day ot .~ANUARY. 1981 ~tween the Mortgagor,
f~LENN G. ARTERS AMD DOROTHY L. ARTERS. HIS WIFE
~herein"Bonower'-, and the Mortyagee, F~rst ~ederal Savings and Loan Assoc~ation ot Martin County, a corporat~on
organized and existing under the laws of the U~ited States ol America, whose address is 989 South Federal Highway,
Stuart. Florida 33494 (herein "Lender'-. ~
WHEREAS, the Borrower ~s indebted to Lender ~n the princ~pal sum ot-- (: ~JJOO. 00> ---
---TWENTY-FIVE THtJUSANII FIVE NUNUkED A~lD NO /100 THS--- -
Dollars, which indebtedness is evidenced by Borrowers note dated .~pN~~ARY ~A. t 9A t_~herein ~~Note").
a copy oi which is attached and incorporated by reference, provided tor monthly installments of pr~nc~pal and
~nterest, w~th the balance of the indebtedness, if not sooner paid, due and payable on
JULY O1, ?.Oll.
TO SECURE to lender(a) the repayment of the indebtedness evidenced by the Note, w~th interest thereon, the
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mort-
gage, and the performance oi the covenants and agreements of Borrower here~n coniained, and (b) the repayment ot
any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof ~here~n
"Future Advances"). Borrower does hereby mortgage, grant and convey to Lencier the following described property
iocated in the County of .~T . LUCTE ~
State of Florida: ~
LOT 2. ALOCK 630, FOkT ST. LUCIE SECTION EIGHTEEN, ACCORDING TO
THE PL AT THE REOF , AS RECORDED I N PLAT BOOh 13, PAGk S 17 AFlT~ ! 7A
THkOUGH.I7K, OF THE PUBLIC RECOkDS OF ST. LUCIE COUNIY. FLORIDA.
~
~i~ ~~ 7 ~
- - F~c+ce'nred 8~/_`__~____In Pa~meM pi Tax~
" : - • _ - • Due On Cl3ss ••C.. !rtcn;,ible PErso~a~pro~rh,~
_ ' ~ - ~ - , pu-~U::~) TO Cil~a?e~ 71, ~ 3~. ~c;t8 Of p' 9~ ,
. -- ., r „ 1 . RJGER P..^,~ (~?HS ~3-Lr
' _ p -c~
. . .. - _- _. • . ~ •-` ~_Ie-s Circuit Co::r:, ,:,. ~„c~e, Co.. Fia.
TH I S I i~lSTRUME~lT FREPARED bY :
STUAkT-MARTTi~! TITL.E C0. , INC.
ROST OFFICE BOX 866, STUAkT, FLA. 334y4
bl': DEBRA A. SIGAFOOSE
l.N0020051693
which has the address oi ~AYSHORE BLVG. . PT. Sl~. LUCIE, FLOkIDA 33452
~sveer, c,rr
(herein "Property Address").
~s~a!e a~e z~a conn
TOGETHER w~th all the improvements now or hereafter erected on Ihe property, and all easements. nghts.
appurtenances, rents, royalties, mineral. oil and gas rights and prolits. water, water rights, and water stock, and all fix-
tures now or hereatter 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 all of the toregomg, together w~th sa~d
property (or the ieasenold estate it this Iviongage is on a leasehold) are here~n referred to as Ihe "Property'.
~ Borrower covenants that Borrower is lawiully seised ot the estate hereby conveyed and has the right to mortgage.
~ grant and convey the Property, that the Property is unencumbered, and the Borrower w~ll warrant and deiend generally
the tiUe to the P~operty aga~nst all cla~ms and demands, sub~ect to any declaratlons, easements or reslrict~ons I~sted
~
- ~n a schedule of exceptions to coverage ~n any title ~nsurance pol~cy insurmg Lende~s interest in the Property.
RENEGOTIABLE RATE FFMC (6/80) 1Q( I
, s~~K347 Pa~E1931- ,
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