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HomeMy WebLinkAbout0216, , ft~ ,~ t '~i M O RTGAG E S1~by , ~6,os THE PROMISSORY NOTE SECURED BY THiB MORTGA~3E CONTAINS RENE~iOT1ABLE INTEREST RATE PROVISION8. THE INTEREST RATE AND MONTHLY PAYMENTS CAL~ED FOR BY SAID NOTE ARE THUS SUBJECT TO A~.lUSTMENT. THIS MORTGAGE is made ih~c 18TH day ol FEBRUARY. 1981 between ihe Mortgagor. FAUL T. TURSCAK AND GERALDIt~E A. TUf:SCAK. HIS WIFE (here~n ~~Borro~ver1, and ihe Mortgagee. Fnst Federal Sav~nys and ~oan Assoc~atior, oi Marim Cou~ty. a corporaUon organizeci and ex~st~ng under Ihe taws ot the Unrted S!ates ot Amenca. whose address ~s 989 South Federal H~ghway. Stuart. Ftor~da 33494 (here~n °~endet'! WHEREAS, the Bo-rower is indebted to Lender in the pr~nc+pal sum of-- (~ `i0?On ii0 ~--- ------FIFTY THOUSAhD SEVEN HUNU~EI~ AhD NO /100 THS--- Dolfars. which ~ndebtedness is evidenced by Borrowers note dated _~here~n ~ Note"1. a copy of wh:ch rs attached and ~ncorpcrated by reference. pror~ded for monthiy installments ol pr:nc~pai and ~nterest. w~th the baiance ot the ~ndebtedness. ~! not soor~er pa~d. due and payable on AUGUST O1. 2011. TO SECURE to lender (a) the repayment of the ~ndebtedness ewdenced by the Note, w~th ~nterest thereon. the paymenl of a11 other sums, w~th ~nterest thereon. advanced ~n accordance herew~th to protect the secuntyof th~s Mort- gage, and the performance of the covenants and agreements af Bor-ower here~n conta~ned. andl bl the repayment of any future advances, w~th ~nterest thereon, made to Borrower by I_ender pursuant to paragraph 2t hereot (here~n "Future Advances"1. Borrower does hereby mortgage. grant and convey to Lender the foilow~ng descr~beci property iocated ~n the County of ST . LUC I E State of Florida: L_OT ~4. BLOCK 720, F•OkT ST. LUCIE SECTIO TO THE F'LAT THEREOF, 1.7A THROUGH 17K. OF FLO~ILA. AS kECOkDEU IT~ FLAT THE F'UIiLIC REGORDS 0 ~I.y~ II! MYYf1fT OF TAJ~~ DOf 0'1 aRSt 'C' IMTAY6'BLE PfRSOYAI PROPERiY, pOCSUAIIT TO LNAPTf: 71-i?4, ACTS Of 1l71. ROQER PWTRAS ~ CLEitfl pRCY1T CGtiRT, ST. WCE 00. H~~ ' THIS INSTkUMENT F'REPAf:EU BY: STUAkT-MAF:TI~! TITLE C0. , INC. 1='OST OFFICE BOX 866, STUAF:T, FLA I:~Y : I~EBkA A. SIGAFOOSE L_ t~l00200~~ 113 N EIGHTEEN, •ACCORUING P00~ 13, FAGE 17 ANC~ F ST. LUCIE COUNTY, 33494 wh~ch has the address of 810 IVANHOE. F'T. ST. LUCIE. FLOkIUA 334~~ Sher!: (here~n "Properly Address"1 , .S'ate a^7 i ~n'.r..}s•, TOGETHER w~th all the ~mprovements now or hereafte.- erected on the property, and ail easemeMs. nghts appurtenances. renls. royalt~es, m~neraf, oil and gas r~ghts and prot~ts. water. water r~ghts. and water stock. and all !~x- tures now or hereafter attached Io the property, all of which. ~nclud~ng replacements and add~t~ons thereto shalt be deemed to be and remain a part oi the property covered by th:s Mortgage. and a!I oi the forego~ng. toge!her w~th sa+d property (or It~e leasehotd estate ~t th~s ~~lortgage ~s on a leasehold~ are here~n referred to as the "Property~ ~ Borrower covenants that Borrower ~s lawfully se~sed of the estate hereby conveyed and has the nght to murtgage. grant and convey',hP Property, ihat the Property is unencumbered. and the Borrower w~il warrant and detend genera~iy ~ the t~tle to the Property aga~nst all cla~ms and demands. sub~ect to any declarat~ons. easemerns o~ restrichons I~sted m a schedule ot excephons to coverage m any t~ite ~nsurance pol~cy ~nsunng Lenders ~nterest ~n the Property ~ RENEGOTIABLE RATE FFMC (6/80) ~,K349 ~~~ ; o.`;?K ~ P~GE ~ ~ I _ ~ ~ ~ . _. ~~ ;~~~- ~ ~~.~ ~ ,c ~ = . _ 3u'6~ mt-,. ,:~.~a..~~~