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M O RTGAG E 51~sy3
THE PROMIBSORY NOTE SECURED BY TH18 MORTCiAGE CONTAINS RENE(iOT1ABLE INTEREST RATE
PROVISIONS. THE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY SAID NOTE ARE THUS
SUBJECT TO ADJUSTMENT.
THIS MORTGAGE ~s made th~s~L~7N day of FERRUARY, 1981 between the Mortgagor.
CHAFLES A. F'ETERS ANI~ LbIS M. F'ETEF:S, HIS WIFE
~herem"Borrowet'1, and ihe Mortgagee. f irst Federal Sav~ngs and Loan Assoc~at~on of Mart~n County. a corporat~on
organized and existing under the laws of the United States ot Amenca. whose address ~s 989 South ~ederal Hiyhway.
Stuart, Flonda 33494 (tierem "Lender')
WHEREAS, the Borrower ~s ~ndebted to Lender ~n the pr~nc+pal sum o#-- (; ~ 6900. 00> -----
-----=TWETlTY-SIX THOUSAhI~ HIi~E HUt~Uf:EI~ AhI~ NO /!00 TNS---
Dollars, which indebtedness is evidenced by Borrowe~s noie dated FEbRUARY lc~ ~ 9~ t(herein ~~Note~-,
a copy of which is attached and ~ncorporated by reierence, prov~ded tor monthly ~nstallments ot pnnc~pal and
mterest, w~th the ba!ance of the ~ndebtedness. ~( not sooner pa~d, due and payable on
August lst, 2011
TO SECURE to iender ~a) the repayment of ihe ~ndebtedness ev~denced by the Note. v+nth interest thereon. the
payment of all other sums. with ~nterest thereon, advanced ~n accordance herew~th to protect the secur~ty of th~s Mort-
gage, and the performance of the covenants and agreeme~ts of Borrower here~n contained. and ( bl the repayment ot
any tuture advances, w~th ~nterest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herem
~~Future Advances"-. Borrower does hereby mortgage. grant and convey to Len~ier the follow~ng described property
iocated ~n the Co~nty ~f ~T .~LIJC I E:
State of Florida: ~
I._.OT 6, RL.OC1~ 3].l , F'OFiT ^aT~. LUCIE SECTIQ~~! TWO, ACCO~iT~I~lG TO THE
1='LAT THEREOF, AS FiECOkUEI~ IR! F'LAT IiQQI~ l~, FAGES 1.^A THROlJ .~-iH
12I~, OF THE F'UE~LIC FECORL-S OF ST. LUCIE COUi~lTY, FLOFiIL~A.
RL~EIYfD f S3,SD ~M PAYIRFNT OF TAXEE
Lp' CY CLR~S 'C' IlITR.Y&18tE PERS'uti:.l Pfi'J?ERTY,
F(3.^.SJRlIT TO CHAPTE~ 71-134, ACTS Of 1llL
FJGER PCIT?,RS ~~,
CL~SK GwiUST CCaRT. ST. WCIE C0, FLk
THIS IT~SThUME~lT F'kEF'AF~EU E~Y:
STUART-MA~iTIN TITLE CO_, INC.
F'OST OFFICE HOX. 86b. ST~JAF: ~, FLF,. 33494
T.:~Y: UEbFiA A. SIGAFOOSE
I._t~!<10200~1826
which has the address ot GnOVE AVE~lUE. F'~FT ST. LUCIE, FL[3~IUA 33452
~ s•,~~, ~ .,,
jherein "Properly Address"i.
51ate anA Z~o Ccclo:
, TOGETHER w~th all the ~mprovements now or hereafter erected on the property, and al1 easements. r~ghts.
appurtenances. renls. royalt~es. mmeral. oil and gas rights and protits. water. water nghis. and water stock. and all f~x-
tures now or hereatter attached to the property, all of which, ~nclud~ng repiacements and additions thereto. shatl be
' deemed to be and remain a part of the property covered by this Mortgage: and all of the foreg~~ng, together w~th sa~d
property (or the leasehold esiate if this Mortgage ~s on a leaseholc~ are herein referred to as the "Property'.
,~a, ~5
~ Borrower covenants thal Borrower is tawtully se~sed ot the estate hereby conveyed and has the r~ght~to mortgage.
grant and convey the Property, that the Property ~s unencurrsbered. and lhe Borrower w~ll warrant and detend generally
~ the t~tle to the Property aga~nst all claims and demands, sub~ect to any declarat~ons. easements or restnct~ons I~sted
r ~n a schedule of exceplions to coverage ~n any title ~nsurance pol~cy ~nsunng Lender s ~nterest in the Prope-ty. ~
; RENEGOTIABLE RATE FFMC (6/80)
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