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THIS INSTRUMENT N'AS PREPAREO BY:
CIT12EN4 FEOERAI. SAVINGS AN~ LOAN
AiSOC1AT10N OF ST. LUGIE COUNTY
1f00 i. FEOERAL HIGNWAV, iT. r1ERCE, FLORIDA
C. R. MCOONALD, JR., GENERAL COUNiE~.
4ENEGOTIABLE RATE
MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this ~ 7th day of MARCH ,
19 8t ~ between the Mortgagor~ AILEN R. OSTEE , a s ngle adu) t, ~
(herein "Borrower"), and the Mortgagee~
CITIZENS FEDERAL SAVINGS AND LOAN AS.SOCIATION 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 is indebted to Lender in the principal sum of FORTY N I NE THOUSAND F 1 VE
HUNDREU AND NO1100-----------------------------------Dollars, which indebtedness is evidenced
by Borrower's note dated Ma rc 17 , 1 1 (herein "Note")~ providing for monthly
installments of principal and interest~ with the balance of the indebtedness, if not sooner paid. due and pay-
able on May 15. 2011
'PO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (b) the payment of all other sums. with interest thereon. advanced in accordance herewith to
protect the 9ecurity of this Mortgage; (c) the performance of the covenants and agreements of Borrower
herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto;
and (e) the repayment of any future advances, with interest thereon~ made to Bonower by Lender pur-
suant to paragraph 21 hereaf or incorporated by reference hereinto~(herein "Future Advances"). Borrower
does hereby mortgaqe, grant and convey to I.ender the following described property located in the County
of SA 1 NT LUC I E State 4f Florida _
lot 9, B1ock 2, SUNRISE ESTATES, according to the plat thereof
on file as recorded in Plat Book 8, Page 75, of the Public
Records of Saint Lucie County, Florida.
The PROMISSORY NOTE s.ecured by this MORTGAGE contains renego-
tiable interest rate provisions. The INTEREST RATE and MONTHLY
PAYMENTS called for by said Note are thus subject to adjustment.
RECENED f ~'~~f ~N P~~ OF TAXFi
C~Jc C'1 CIa+S 'C' tNTF4G:8tE PERS~`L1l rAOPEQTr.
FU~.S:.':JIT TO flt ;'.ir. 71- 4. A~TS Of i~lt.
::C:.: ~ P,•I i R~ /~
CL_oK '..I' .:~U:T COtl'.2T, ST. LU.:if CO.~ ~U. y1 ~~
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which has the address of 1220 Texas Court
F 1 o Ts~r~3~~~0
(herein ~~Property Address"~~ ~STREET) (CITY)
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
ments~ riqhts, appurten~nces, rents, royalties, mineral, oil and gas rights and pro~ts, water, water rights, and
water stock, and all fixtures now or hereafter attached to the property, all of which, includipg replacements
and additions thereto, shall be deemed to be and remain ~ part of the property covered by this Moctgage;
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 riqht
to mortgage, grant and convey the Property, that the Property is unencumbered, and that Bonower 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 dde insurance policv
insuring Lender's interest in the Property.
FIORIDA - SHORT FORM - 1 to 1 Family - 9l16 - FHLMC UNIFORM INSTRUMENT
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Fort Pierce
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