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HomeMy WebLinkAbout0751 ~ ~ ~ ~ ~~~: ~_ ~22050635 51~96~ MORTGAGE (SHORT FORM) 30•~~ . . THIS MORTGAGE is made this ~~rd day of FEBRUARY 19 81 , between the Mortgagor~ WALTER C. VITUNAC and LACE K. VITUNA,C, h~s w~e , (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND L,OAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the United States of America, whose address is 1600 South Fed- eral Highway~ City of Fort Pierce~ County of St. Lucie~ State of Florida, (herein "Lender"). WHEREAS, Borrower i~ indebted to Lender in the principal sum of ~1ENPY T}iOUSAND AND tao/100---------------------------------------------- Dollars, which indebtedness is evidenced by Borrower's note dated Februarv 1981 (herein "Note"), providing for monthly installmenLs of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay- able on April 1, 2001 , TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the payment of all other sums, with inierest thereon, advanced in accordance herewith to protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower herein contained; (d) the performance of the covenants and aqreements incorporated by reference hereinto; and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur- suant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Bonower dces hereby mortgage, qrant and convey to Lender the following described property located in the County Of SAINT LUCIE State of Florida: Lots 9 and 10, less that part that lies within 33 feet of the base line of survey of State Road 605 as shown in Map Book 1, Page 139, ?~!ODEL LAND COMPANY SUBDIVISION of Section 15, 'Pown- ship 36 South, Range 40 East, Block 2 according to the Plat thereof as recorded in Plat Book 1, Pages 41 and 41A of the Public Recorc:s of St. Lucie County, Florida. RE'~!YfD t ~ 0. ~ ~ Ifl -A :'TtE'R ~F Ta7~Es ~•, r~ t~•:; •C' l,,;.. _~t~ p l F'.'E~TY. . , ...l: T : :'': T~ . 7:- t, .' .i~ cr 1371. :._i F.li .t, ~ GL_hK GA:.U~T C:.a:.T, ST. lU.if C~?. FLA.~~ The PROMISSORY NOTE secured by this MORTGAGE contains rene- qotiable interest rate provisions. The INTEREST RATE and MONTHLY PAYM.ENTS called for by said Note are thus subject to adjustment. This is a THIRD MORTGAGE subject to a first mortgage to Citizens Federal Savings and Loan Association of St. Lucie County, Florida, in the amount of $55,~00.00, dated September 23, 1975 and recorded in O.R. Book 244, Page 137 thru 138, of the public records of St. Lucie County, Florida~ AND a second mortgage to Citizens Federal Savings and Loan Association of St. Lucie Countf, Florida in the amount of $15,000.00, dated March 3, 1976 and recorde3 ir. O.°. Book 249, Pages 1816 thru 1817, of the Public records of St. Lucie County, Florida. i , ~ ~~ L which has the address of 810 Kitterman Road Fort Pierce FIOLida ~~ ~Ile~~ ~~Property Address"~ ~ (STREET) (CITY~ ~STAT TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, rights, appurtenar-ces, rents, royalties, mineral, oil and gas rights and profits, water, water riqhts~ and water stock, and all fixtures now or hereafter 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 the foregoing, together -with said property (or the leasehold estate if this Mortgage is on a lease- hold) are herein referred to as the "Property". Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, qrant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the tide to the Property against all claims and demands, subject to any declar- ations, easements or restrictions listed in a schedule of exceptions to coverage in any tide insurance policv insuring Lender's interest in the Property. FLORIDA - SHORT FORM - 1 to ~ Famdy - 9l16 - FHLMC UNIFORM INSTRUMENT ~- THIS INSTRUMENT NAS PREPAREO BY: CIT12EN5 FEUEHAlSAVINGS ANO LOAN ASSOCIATION Oi ST. LUCik COUNTY 1~00 S. ~EOCRAL HIGNWAV, FT, PIERCE. FLORIOA C. R. MCDONALP, lR., GCNERAI COUNSEL $o~ 349 r~cf 752 ~