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FIRST FEDERAL SAVINGS AND ~.OAN ASSOCIATIUN
OF FORT PIERCE ~ 521020 /
~
M~RTGAGE o,-23086331 `~~
TNE PROMISSORY NOTE SECURED BY TH1S MORTGAGE CONTAINS RENEGOTIABLE INTEREST
RATE PROVISIONS. THE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOIt BY SAID NOTE
!~ ~ f~ • ~n TA l~T~~r\•
~:~iTi'T~i~a 3i.,t;.i::.~.I' iit ii.i3ei~-°~ia:lli.*~~'.
THIS MORTGAGE is made this 16th ., day of .. March ,
19 . 81, between the Mortgagor. . . RONALD, 0' DELL ~ . A . NAR,R,I ED. .A~ULT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"), and the Morigagce, H'IRST FEDERAI. SAVINGS
AND I.OAN ASSOCIATION OF FORT PIERCE, a corporation organized and existing under the lawa of the United States.
whose addreas ia 100 South Second S~reet, Fori Pierce, Florida 33450 (herein "I.ender"). ~
WHEREAS, Barrower ia ind bted to Lender in the principal sum of ,,THI RTY THOUSAND AND NO/100--------
---------- -~~30~000.00~------------ ,Dollars, which indebtedneas is evidenced by Borrower's
note dated . . MarCh ,16 ~ : _1981 . . . . . . . . . . . . . . . . . . . ~herein "Note"), providing for monthly installments of principal s~nd
intereat, with the balance of the indebtedness, if not sooner aid or nut sooner due for Banower's failure to exercise renewal
optiona aet forth therein, due and payable on March 2S ~~~Q~
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with intereat thereon, the payment of
all other aume, with interest the~eon, advanced in accordance herewith to protect the security of this Mortgage, and th~
performance of the covenants an~l agreements of Borrower herein contained, and (b) the repayment of any future advancea,
with intereat thereon, made to Horrower by Lender purauant to paragraph 21 hereof (herein "Future Advances"), Borrower
dces hereby mortgage, grant' and conve~ to Lender the following deacribed property located in the County of
........St. Lucie ............................. . Sc~te of Florida:
Lots 33 and 34, Block 2, WAGNER SUBDIVISION, according to the plat therof on
file in Plat Book 9, page 74, publi~ records of St. Lucie County, Florida.
By agreemen~ of Mortgagor and Mortgagee on file
with Mortgagee, the within mortgage seucres not
only an existing indebtedness; but also ADVkNCES
to be HEREAFTER made by Mortgagee to Mortgagor
the aggregate of which will equal the principal
amount specified in the promissory note secured
hereby.
The Nlortgagor covenants with the Mortgagee the
above described real property is not now nor has
ft ever been the homestead of the mortgagor and
that he actually reside at Hampton Road #3, New
Brunswick, Canada EGO-120.
Rece~va~' ~ ~ ~.-ln Paymer~t O~ T»YeF
Due Cn C~a c ..~.. .-- -~:,:~!ePers~ra~oron~riy~
~ ;... - 7 ~,? 34. Acts O~ ' Q~ t
~J~SUB.'1i .O t. • ..-, •
, Rc~: .t? PJtTRr1S ~
~~~erS C1~CU~! COUft, 5L ~UC19, CO., F~b.
which has the address of .._.... 9?8 Frd Mar P1 ace Fort Pi erce ;
................
~ 5urrt ~ ~ ('ity )
Florida 33450
................................ (herein "Property Address");
Ititate and %ip (;oder
TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights,
appurtenances, rents, royalties, mineral, ail and gas rights and profits, water, water rights, and water stock, and all fixtures
now or hereafter attached to the property, ali of which, inciuding replacemente and additions thereto, ahall be deemed to be
and remain a part of the property covered by thie Mortgage; and all of the foregoin8, ~Sether with said property (o* the lease-
hold eetate if thia Mortgage ia on a leaBehold) are herein referred to as the "Property." -
~ Borrower covenants that Borrower is lawfuliy seized of the estate hereby conveyed and has the right to mortgage, grant
and convey the Propertv. that the Propert3 is unencumtiered, and that Borrower will warrant and defend generally the title to
~ the Property against all claima and demands, subject to any declarations, easementa or restrictions listed in a achedule of
; exceptions to coverage in any title inaurance policy insuring Lender's interest in the Pro~rjy.
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