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THIS INSTRUMENT WAS PREPAREO BY:
CITIZENf FCO[pAL iAVINGS ANO LOAN
AfiOC1AT10N OP iT. LUCIE COUNT1l
ti00 i. FEDERAL NIGHWAY, fT, ~IERCt, rLORIDA
C. R. MCOONALO, JR., GEN[RAL COUNftL
RENEGOTIABLE RATE
MORTGAGE
(SHORT FORM)
A~2205t 138
5~'°S
THIS MORTGAGE is made this 17th day of March ,
19 8t ~ between the MoKgagor, _ Oonald A. Yates and Nancv F. Yates. Hi s Wi fe
(herein "Borrower")~ and the Mortgagee~
CITIZENS FEDERAL SAVINGS AND LOAN AS.SOCIATION OF ST. LUCIE COUNTY, a corporation
organized and existinq 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, ~orrower is indebted to Lender in the principal sum of Th i rty-N i ne Thousand
N i ne Hundred and No/ 100----------------------------- Dollars, which indebtedness is evidenced
by Borrower's note dated March 17, 19 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 Apr i 1 1, 2011
'I'O 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 security of this Mortgage; (c) the performance of the covenants and ac,~eements of Borrower
herein contained; (d) the performance of the covenants and agreements incoYporated by reference hereinto;
and (e) the rapayment of any future advances~ with interest thereon, made to Bonower by Lender pvr-
suant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances")~ Borrower
dces hereby mortqaqe~ grant and convey to Lender the followinq deecribed property located in the County
of St . Luc i e State of Florida:
RfCflYED = 7 4• g~ M ~AYIIFJfT Of TAgi
GtlE Qii Q~~= `C' 1ltl/.96:81E PEkSONAI rA0PER17~
PU'.:ii~i1T TO CH'?T~~ 71-i'~, RCTS Of UII.
R;~4~It PCiTF;Ai n
CLERK ClittlR GC~RT. ST. W:.~ CO.. M.'v ~`
Lot 7, Block 66, INDIAN RIVER ESTATES UNIT J/8,
according to the Plat thereof as recorded in
Plat Book 10, Page 73 of the Pubiic Records of
St. Lucie County, Florida.
The PROMISSORY NOTE secured by this MORTGA6E
contains renegotiable interest rate provisions.
The INTEREST RATE and MONTHLY PAYMENTS called
for by said Note are thus subject to adjustment.
;. ~ ~.- ..
_ . ,_ _
. C S .
,- ~ -.- ~:, _ . ,•_ ; '~ _i...:_~ i J :J. '1 ~
which has the address of 6002 Sea9rape Dr i ve, Fort P ierce
F 1 or~~363450 (herein "Property Address~~, ~ ~fTREET~ (CITY)
TOGETHER with aU the improvements now. or her~after erected on the property~ and all ea4e-
m~nts, righb, appurienances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements
and additions thereto, shell be deemed to be and remain a part of the property covered by this Mortgage;
and all the foreqoing, toqether with said property (or the leasehold estate if this Moctgage is on a lease~
hold) are herein referred to as the "Property". -
Borrower covenants that Borrower is lawfully seised of the estate her~by conveyed and has the right
to mortgage, grant and convey the Property~ that the Property is unencumbered, and that Borrower will
warrar-t and defend generally the tide to the Property aqainst all claims and demands, subject to any declar-
ationa, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
insurinq Lender's interest in the Property.
Fl,ORIDA - SHORT FORM - 1 to ~ FamYy - 9l7d - FHLMC UNIFORM INSTRUMENT (1R Q~
~ BOOII~ PA6f ~~I-7W
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