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HomeMy WebLinkAbout2074~"12051666 7~ ~%~21y5 M ~G~~~ ~TG E (SHORT FORh1) ',~o i} ~l [ liJ :~ORTGAGE i5 ntac:e ti~ci T•'~!:""!-5~,=~.•~`~'~~ iiay Uf :;:u~Cii , 19 81 , between the Mortgagor, KENNETH R. MOpRE and EDNA L• MQORE, his wifes (h~rein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the taws of the United States of America, whose address is 1600 Souih Fed- eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"). WHEREAS, Borrower is indebted to Lender in the principal sum of EIGHTY ONE THOUSAND AN~J tv0110C---------------------------------------------~ollars, which indebtedness is evidenced by Bonower's note dated March 27, 1981 (he~ein "Note"), providing for monthly installments of principal and ~nterest, with the balance of the indebtedness, if not sooner paid, due and pay- able on rtay 1, 2011 TO SECURE to Lender (al the repaymen! of ihe indeb!~dness evisiencsd by the Note wiih interest thereon; (b) the payrnent of all other sums, with -interest thereon, advanced in accordance herewith to protect the security of this Mortgage; (c) the perfermance of the covenants and aqreements of Bonower herein contained; (d) the performance of the covenants and aqreements incorporated by reference hereinto; and (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"), Borrower dces hereby mortgage, qrant and convey to Lencier the following described property located in the County of Sai nt i.~,r-; P State of Florida: Lot 5, SUBDIVISION OF C1~ZDINAL GLEtv, accordinq to the Plat thereof on file as recorded in Plat Baok 17, Page 28, of the Public Records of St. Lucie County, Florida. The PROMISSORY NOTE secured by this MOkTGF~GE contains renegotiable interest. rate provisions. The INTEREST RATE and MONTHLY PAYME*ITS called for by said hote are thus subject to adjustment. p`-r~p s /~'+~•G V fN -AY1E)IT OF TA~i Ll!: CM CtRSt •C' IHTI.HGBIE PEfiSO!!At /~~ fU..:,;;ANT TO iB~TFi 71-~~4, ACTS Oi M71. _ A06EN PWTfiAS ~ .~.1~R1( pwGUtT CO~RT, iT. W6~ (~y Fuj~ which hds the address of 204 3ef; rey Lane _ rort Pierce Florida s34~G {herein "Property Address"~. ISTREET) ~~„~i TOGETHEk with all the improvements now or hereafter erected on the property, and all ease- ments, rights, appurtenances, rents, : oyalties, m,ineral, oil and yas rights and profits, v~ater, water rights, and water stock, and all fixtures now or hereafter attached to the pre~erty, all of which, including replacert,~nts and additions thereto, shall be deemed to be and remain a part of ttie property covered by this Mortqage; and all the fareqoing, together vrirh saiti property (cr the leasehold estate if this Mortgage is on a lease- hold) are herein referred t~ as tne "Property". Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, qrant and convey the Property, that the Property is unencumbered, and that Bonower will warrant an3 defend qenerally the title to the Property against all claims and demar~ds, subject to any declar- ations, easements or cestrictions listed in a schedule of exceptions to coverage in any title insurance policv insuring Lender's interest in the Property. FLORIOA - SHORT FORM - 1 ta 1 Famlly - 9l76 - FHLMC UNIFORM INSTRUMENT ` d ::~x 351 F~~~E ~70 ~ THIS INSTHUMENT N.'AS PREPAREO BY CITIIt NS 1 LU! ftAL SAV~Nt.S ANU LUAN ASSOCIATION O~ ST LUCik COUNTV 16UG S. ~-tOtHAI N14NWAV, fT. PIlHCE. ~'LOHIOA C. R. MCOONALp, Jfi., (.ENlHAL COUNSt l wt