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
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