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THIS INSTRUMENT N'A::PREPAREO BY:
CITIZC-iS ~~EDENAI_ SAVIN~.S ANU IOAN
ASSC~CIATION Oi ST. LUUf COUNTV
16GJ S. ~~EpEHAL HI(:-IWAV. FT, PIENCE, ~LORIOA
C. 1i. MCDONA4l), JH., 4LNEHAL COUNSEL
RENEGOTIABLE RATE ~
MORTGAGE ~~~
(SH(~~ I` ~t~F~Ivi) ~ ~
THIS MORTGAGE is made this srx'PEENTH day of t~tcH
,
19 81 , between the Mortgagoc, EDWARD F. SMITH and EVA JANE SMITH, his wife.
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organi ed and existing under the Iaws of the United States of America, whose address is 1600 South F'ed-
eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "L,ender").
WHEREAS, Borrower is indebted to Lender in the principal sum of SEVENTY EIGHT THOUSAND
AND No/1o0----------------------------------------.- Dollars, which indebtedness is evidenced
by Bonower's note~dated March 16, 1981 (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 August 1, 2011
TO SECURE to Lender (a) tt-e repayment of thz indebtedness evidenced by the Note with interest
thereon; (b) ine ~,ayment of all other sums, with interest thereon, advanced in accordance herewith to
p~otect the security of this Mortgage; (c) the performance of the covenants and aqreements of Borrower
herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto;
ar~d (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant to paraqraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Bonower
does hereby mortgage, qrant and convey to Lender the following described property located in the County
of ____ sT. LuciE State of Florida:
Lot 81, Phase I. HOLIDAY PINES, according to the pZat thereof,
as recorded in Flat•Boo;c 18, pages 16 and 16A through 16D, of
the Public Records of St. Lucie County, Florida.
The PROM~SSORY NOTF, secured by this MORTGAGE contains rene-
gotiable interest rate ~rovisions. The INTEREST RATE and
MONTHLY PAYMENTS called for b~• said Note are thus subject to
adjustment.
krce~veA. 4/~ "=~~ In Paym~nt Of TaxeF
~,:~. c~.> ~'i.~~c ..C•• Intangibie Persone~ ~ro~•ty.
~,,-~ ~~~,~ ~~ ~'hapter 71. 134. Acts Ot '471
~ ROGER POITRt1S ~ ~
,-iF•~ T~rcu~t Ccurt, St. Lucie, Co., Fls.
• . ~
• , .. v - +
which has the address of 5709 - Eagle nrive, Ft. Pier~e
Florida 33450
(herein "Property Address"); ISTREET) ~~~TY~
TOGETHER with all the improvements ncw or hereafter erected on the property, and all ease-
ments, rights, appurtenances, rents, royalties, mineral, oil and qas 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, shall be deemed to be and remain a part of the property covered by this Mortgage;
and all the foreqoinq, together with said property (or the leasehold estate if this Mortgage is on a lease-
hold) are herein refecred t~ as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby eonveyed and has the riqht
to mortgage, qrant and convey the ~roperty, that the Property is unencumbered, and that Bonower will
warrant and defend qenerally the tide to the Property aqainst all claims and demands, subject to any declar-
ations, easements or restrictions listed in a sch~dule of exceptions to coverage in any tide insurance policv
insuring Lender's interest in the Property.
FLORIDA - SHORT FORM - 1 to 4 Fsmily - 9lI6 - FHLMC UNIFORM INSTRUMENT
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