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HomeMy WebLinkAbout2929147 024226 ' 6y.ao ~q" ' ~CEJIfEEO~=_~,,, IN -AriENT OE TAXp OUE ON l~.f~St 'C 4!!T!1lt8:slE *FASaMl-- ~tjY~ ' PUASUANT TO CNAATEp 11-~3{~ ACTi Of M71. R06E~ POITRA~ ClE1tx q~GtlIT CORT~ iT. WCE Ot. R~9 ~~ ~ 5~U954 ~g,IS MORTGAG E _ THIS MORTGAGE is made this 3R0 day ot MARCH ~~q81 ~ bctween the Mortgagor. ALBERT COLANGELO AND HELEN COLANGElO, HIS WIFE (herei~ "Borrower'). and the Mortgagee. HERITAGE FEDSRAL SAVINGS AND LOAN ASSOCIAT[ON , a cocpo~ation organized and e~[isting under the laws of TH8 UNITED STATSS OF AMfiRICA whose address is 230 NORTH BBACH STRSET, DAYTONA B~ACH. FLORIDA (htrein "Lender"1. TH 1 ~~Rl~~~'WO~~~~~l~~~NDt~t~~~~d~~ P~1~~~~~0 Ng Dollars. which indebtedness is evidenced by Borrower~R~t'eE~at~ea~~ ~-RCN 3, 1981 (herein "Note"), providing for monthty installments of princiPal a~d interest. with the balance of the indebtedness, if not sooner paid, due and payable on MARCH 10, 2011 ''~` ~' , To SECURE to l.ender (a) the repayment ot thc indebtedness evidenced by the Note*with inter~st thereon. the payment ot all other sums. with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, and the perEormance of the covenants and agreemen~s of Borrower herein contained, and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hercof (herein "Fuiuse Ad:a~~:.s"}, ~~i~w2i doi-~ l~rrby mo~igagc, grant and convey to Lender the following described property la:ated in the County of ST. LUC 1 E , Statc of Florida: LOT 11, BIOCK 155, PORT ST. LUCIE, SECTION FOUR, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 12, PAGE 14A OF THE PUBLIC RECORDS OF ST. lUCIE COUNTY, FLORIDA. This instrume~~ Pfep3~ed bY S~~~~ey Scanlon, Ass t Vv'ng res• era~ ~ s Heri?age Fed ~ iaUo~ and ~~~ pssoc Y Da~o a B B~h~ Florida FHLBB-INOEX 13.24 "It ic c~ven~ted and agr~ed that any default unde- th~ Constr,~r_ti~~n Loan A;;r >~.~1Er,t w`~ich is dsted con:,~~rre ~!Ey h~re ,: ~;,h, a~ ~1 ~ ; :. .' v . _ . ~ t:•,? p~rties he!~tc;, sh_~;I t~e a d~fa~.lt .,;. ~-. ,,~ m.;rt~~ae. sa;•~ c~ns~r :c~ion lean a:-.~.~ci:. .~ ;,,r ; here~n i~ico!p~r~te~; by ref~rence t: i ~~~ i;r~, extent and effc~ct as tho:~ph set forth in tull herem." *PROVIDED, HOWEVER, THAT SAID NOTE MAY BE AUTOMATICALLY RENEWEO AT THE OPTION OF THE BORROWER, IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF JAtC nQTC• **TOGETHER WITH ANY EXTENStONS, RENEWALS OR MODtFICATIONS THEREOF WHICH ARE MADE IN ACCORDAR~C~ WITH THE PROVISIONS OF SAiD NOTE. which has tfie address of ~OT 11, BLK 155 ~ PT ST LUC I E~ SECPOR~ ST. LUC I E [stceetj [Cityl (hecein "Propcrty Addnss"): F LOR~f~D~1~~ ~~p ~~ TooeT~ER with aii the improvements now or 1x:reaftrr erccted on thr property, and all casements, rights, appurtenanccs, rents, royalties, mineral, oil and gas rights and profits, watcr, watcr rights, and water stock, and all fixtures now or hereafter attached to the property, alf of which, including r~placemrnts and additions thereto, shall be dcemed to be and remain a part of the property covercd by this Mortgage; and al! of the (oregoing, together with said property (or the Icasehold estate if this Mortgage is on a Icaschold ~ arc hcrein refe~red to as the "Propeny". Borrower covenants that Borrower is lawfully seiscd of the cstate hcreby conveyed and has the right to mortgage, grant and convey the Property. that the Propcrty is anencumtxrcd,~ and that Borrowcr will warrant and defrnd generalty the title to the Property against atl claims and demands, subject to any declarations, ~as~ ments or restrictions tisted in a schedule of exce~xions to coverage in any title insurance poticy insuring Lender's interrst in the Property. FLORIDA-i to 4 F~mily--b/15-fNMA(fHIMC UNIFORM tNST~UMENT /'~ VMP COMSO~~O~T[D •Yi~M[73 fOAMl. ~MC. ~~~~. ^ ~~~~ LCS-~ V V