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HomeMy WebLinkAbout0035_ . ~ - (3~ FIRST FEDERAL SAVIN(~~ AND LOAN ASSOCIATION OF FORT PIERCE 51760'7 - _ ~.~,~o M4RTGAGE 10-23087610 THB PROMI~30RY NOTE SECUEtED BY THIS MOR'I~GAGE CONTAINB RENEGOTIABLE INTEREST RATS PROVIS10N8. TH8 INTEREST RATE AND MONTHLY PAYMENTS CALLED F'OR BY SAID NOTE ARE THUS SUBJECT TO AD~JUSTMTNT. S MOR~PGAGE is made thia . . . . . . . . .17th . . . . . . .. . .. . . . . . d of . . . . . . . . February.. .. . . . . .. , . .. . . ........ i9 .$. .. betweea the Mortgagor, ......~: . Garr~ tt, Bunt~ n,~ , and, Lucy,~~ , W;, 6unti ng,,~ , hi s, wi fe . . .. .. . .. .. . . . . . . .. . .. . .. . . . . . . . .... . . . .. . . . . . . . . . (herein "Borrower"). and t.he Mortgagee, FIRST FEDERAL SAVINGS AND LOAN .1S.40CIATION OF FOAT PIERCE, a oorporation organized and existing under the lawa of the United Statea, whose addrees is 100 South Second Street, Fort Pierce, Florida 33950 (herein "L.ender"). WHEREA3, rrov~er ia in ebted to Lender in the principsl aum of .. . Thi rty, ,ThQ~sand ,~nd, Nq(100---=-, ,,, ...----------~30,OA0.00~----------------............Dollars. which indebtedness ie evidenoed by Borrowei's note dated ...,, e~rua'ry 1~, .T98T : .,, (herein "Note"). providing for monthly inatallmenta of principal and intereat, with the balance of the indebtednesa. if ncaiP ~er„~id~q~rlnot soonzr dae for Borrower's failure to exercise renewal optiona set forth therein. due and payable on A 1"1 N, U 1 TO SECURE to Lender (a) the repayment of the indebtednese evidenced hy the Note, with interest ther~on, the payment of all other sums. with intereat thereon, advanced in soa~rdance herewith to pmtect the aecurity of thie Mortgage, aad the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any future advanoee. with intezeet thereon. made to Borrower by Lender pursuant to pairagraph 21 hereof (herein "~hue Advancee"). Borrower dces hereby mprtg~ge. grant and oonvey to Lender the following described pmperty located in the County of Jt. IUCIE State of F7orida: ' ... .............................................. . t Lot 1, Block 790, PORT ST. LUCIE, SECTION 18, according to the Plat thereof ~ as recorded in Plat Book 13, pages 17, 17A thru 17K, public records of St. ~ Lucie Co~nty, Florida. ~Ee ~ (~Q.00 IN Mrf~]tf Oi TA~i DUf 0'1 aAtt 'C pI1AMQIdtE ~ERSONAL rAOPERn. PIIBSUAM? TO CNIIPTE~ 71_13~. ACTi Of H71. R0~ ~~ c~ a~ar co~. n. wc~ co. fu.~m. By agreement of Mortgago-• and Mortgagee on file with Mortgagee,the within mortgage secures not only an existing indebtedness,but also ADVANCES to be HEREAF'fER made by Mortgagee to Mortgagor the aggregate of which wi~l equal the principal am.ount sQecified in the promissory note secured hereby. whichhaetheadareasof.......702 Essex Street,,,,,,,,,,,,,,,,,,,,,,,,,,Port,St; Luci,g,,,,..,,,,._,.,..,,, . ...... ........ .. . ~~~ ~~~ F1 ori da 33452 ~herein '•Propercy Addrese">; ~ .oa tip c~~ 1~0('E1'tiER a-ith all the improvements now or hereafter erected on the property, and all easemente, righte, appurtenances, rente, rovaltie8, mineral, oil and gae rights and pro5ta. water, water righta, and water atock, and all5ztures now or hereafter attached to the prope:ty, all of which, inclnding replaoements and additione thereto, shall be deemed to be end remain a part of the property oovered by thia Mortgag~ and all of the foregoing, together with said property (or the leasa hold eatate if thia Mortgage ia on a leasehold) are herein referre~ to aa the "Psoperty." f Barrowar oove~anta that Borrower ie lawfully seized of the estate hereby aonveyed and has the tight to mortgage, grant ~ and oonvey the Property, that the Propezty is unencumbered, and that Borrowez will warrant and defead generally the title to the Prope~ty against all claime and demande, aubjed to any declarations. eaaements or re8tridiona listed in a echednle of ezoeptions to eoverage in any title ineurance policy insuring Lender'a interest in the Property. . ~ Fi,ORI~A - i 4 FAMILY 7~AQ gQQK349 PAGE 35 I.N ~3 RRM ~ , -. - - . ~ - _<<,. _ _ , - - , ~. ~~-~ :x _~.. ~n ....., .. ; r. ~.~