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HomeMy WebLinkAbout0909~/ FIRST FEDERAL SAVINGS AND LOAN ASSOCIA7'ION I OF FORT PIERCE 5;~1562 MORTGAGE t~oan No.01-23089426 THI3 MORTGAGE ie made this . , , 18th , , . , , . , day of . Mar~b. . . . . . ... . . . . . . .. . . . , is..8l,betweentheMortgagor,.......Richard, E;.,Shaffer,~nd„Q~Q,A...~}~aff,er.~.his.~tif.e .................. .... .................................. ........... (herein "Borrowei'), and the Mortgagee, H'IRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation orqanized and exiating under the laws of the United Statea, whose addresa ie 100 South Second Street. Fort Pierce, r~lorida 33450 (herein "Lender"). W NFREAS : I3orrower ie indg ted to Lender in the principal sum of ~1 X.tJI. ThOUShcld. dOd .NO./.1RQ--------. :--. :-. ,. ,(~60 i000. 00 ~- Dollara, which indebtedneae ie evidenced by Borrower's note dated .. . . . .. ~:'~rch .18, .19$1, , , , , , , , , , , , , , (herein "Note"), providing for monthly inetallmenta of principal and intereat, with the balance of the indebtedness, if not aooner paid, due and payable on .. Md1"~h, 20~. ,20~0, ,,,,,., .................................................................: To SECt~[tEto Lender (a) the repayment of the indebtednese evidenced by the Note, with intereat thereon. the pavment of all other eums. with intereet thereon. advanced in accordance herewith to pmtect the aecurity of this Mortgage, and the performanoe of the covenante and agreements of Borrower herein oontained, and (b) the repayment of any future advancee, with intereet thereon. mede to Borrower by Lender pureuant to paragraph 21 hereof (herein "Future Advanc~"). Borrower does hereby mortgage, grant and oonvey to Lender the following •deacribed property located in the County ~, f. . . . . . . . . . St : . L uc i e . . . . . . . . . . . . . . . . . . . . . . State of Florida: Lot 226, HOLIDAY PINES, PHASE II B, according to the plat thereof on file in Plat Book 20, page 12 - 12 A thru 12 E, public records .o,f St. Lucie County, Fiorida. / i ,- ~~~ By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. Recer~ert 3~,,~'~' `~__tn Payment Q1 TaxeP Due On Ci.: - '-. ;,,;a h~P Pgrc~ne~pror~arty . - • p~.~•.,ant ~o ~ '..,: : - ' 3G, Acts O~ ' ~. . . ~ . . : '-';~~:~~. P~1TRa1,Sv~~ - - - -- - _ ' ~.~e.3 ~ircu~+ Ccuri. ~t. Lucie, Co., Fla. which has the addresa ~f....... .~dg~~. .Q!"?.~~ ........ . . . . . .. .. . . . . . . . .. . . ..~... . .. . . _ . .FO1"t. Ple1"CE'... .. ... . . . .. .. . , IStreeal ICity) i. F i ori da 33450 _..,_~herein "Property Addresa"); ~ tiute .na Zip ~ oder T~x;F.TfIF.Kwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, rayalties, mineral, oil and ~as rights and prafita, wnter, water rights, and water stock, and all fixtures now or hereafter :~t:ached to ihe property, all of which, inciuding replacements and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage; and al] of the foregoing, together with saici property (or the leasehoid Qstate if this ~:ortgage is on a leasehold) a:e herein referred to as the "Property." Borrower rnvenants that Borrower is lawfully seized of the estate hereby rnnveyed and has the riqht to mortga~e, Krant and convey the Property, that the Property is unencumbered, and that ~rrower will warrarit ~nd detend Kenerally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coveraRe in a~y title insurance policy insurinR I.ender's interest in the Property. FLORIDA-i to 4 F~M~~r-6/?5-FNMA/FMIMC UN~FORM INSTRUMENT bC~X ~~~ P4GE c~ INDIVIDUAL