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HomeMy WebLinkAbout0925 ~ ~ iq, 14 7- 0 2 4 4 9 3 ~~o = 80 .oo i~ ~~,n~r o~ Tucea ~ . OUE ON a~St 'C' ~Nt1?hG:BLE PERSONAI PROPERTY, 5~8.369 PURSUi~l1 TO CNAPT:R 11-13~, ACIt OF U71. ROGFR Pu1TPJS CICNK qMUR CO~AT~ ET. WClE C0. F1J1. ~ O~ p0 MORTGAGE _ TH1S MORTGAGE is made this 4TH day of MAY ~ 19 81 , between the Mortgagor, PAUL C. LUGARA AND PATRICIA A. LUGARA, HIS WIFE (herein "Borrower"), and the Mortgagee, HERITAGE FEDERAL SAViNGS AND LOAN ASSOCIATION , a corporation organized and existing under the laws of THE UNITED STATES OF AMERICA whose address is 230 NORTN BBACH STREET, DAYTONA BEACH. FLORIDA ~ (herein "Lender"). WNEREAS Borrower is indebtcd to Lender in the principal sum of FORTY TI~OUSAND AND 00/100 Dollars, which indebtedness is evidenced by E3orrower's~nb~'Udtt~B~EMIAY 4, 1981 (herein "Note"), providing for monthl}• installmcnts of principal and interest, with the balance of the indebtedness, if not sooncr paid, due and payablc on MAY 10, 2011 ;~c To SECUttE to Lender (a) the rrpaymcnt of thr indebtrdness rvidencrd by the Notc, with interrst thereon, the payment af all other sums~ with interest thereon, advanced in accorda~ice herrwith to protrct the security of this Mortgage, and the performance of the covenanls and agrecments of E3curuwer herrin contained, and (b) the repayment of any future advanccs, with interest thcrcon, made to Borrowrr b~~ Lendcr pursuant to paragraph ? 1 hereof ( herein "Future Advanees"), Borrower does hereby mortgage, grant ~nd convr~• to Lend~r the following described property located in the Counry of ST. LUCI E , State of Florida: BEGIN AT A POINT 1805.8 FT EAST OF THE SOUTHWEST CORNER OF SEC. 3, TOWNSHIP 36 SOUTH, RANGE 40 EAST, ST. LUCIE COUNTY, FL, AND ON THE SOUTH LINE OF SAID SEC. 3, SAID P~INT BEING THE MOST SOUTHERLY SOUTHWEST CORNER OF LOT 50 OF SHEEN'S PLAT OF WHITE CITY, AS RECORDED IN PLAT BOOK 1, PG 23, RUN NORTH ON AN ANGLE OF 89°49'30" AS MEASURED FROM WEST TO NORTH 110 FT, THENCE RUN WEST PARALLEL WITH THE SOUTH LINE OF ' • SAID SEC. 3, 480.3 FT TO THE WEST LINE OF THE SOUTHEAST 1/4 O~F THE SOUTHWEST 1/4 OF SAID SEC. 3, THENCE RUN SOUTH 110 FT THENCE RUN EAST 480.3 FT TO THE POINT OF BEGIN~!ING. LESS li R I GHTS OF NiAY FOR MELV I LLE ROAD . i . This mst~ument ~~r~:~=,-ed Ly , , . '1! ~ CC~'"r,_int~ s . . 'i d-'y .t:~t,. , ...tdi;~ k Shirley SC~nl;,n. ASS't ?'~s. - th~.• i;^r:s;~• ,•f. r L' ~ t~. ~s ~!~ted E Her~ta~;e Fed~ ~-_~1 ;s `J Cc;nCt:rr~ ' : . ~~~~'s~ . : : ~,arU~S and Loan Ass~ci t~:.~n ~ ~ . . ~ P. 0. h~: • -.tn s:~.. , ~ ~ i~ ~ , t'1:~ftF~1C,P, ~ 8ox Y , t S3"~ C fT C' I~,fl ~ ' . } • , 7aytona Beach. Floridj . ir:-r,.;~o,a , t;•, .ft • ~t~~: 3nA E pt~+'~ c3~ t~?0~1:'fl Sf~1 ~~lF!h lll fiill Cle~fl+~11, ~ FHL66-INDEX 13.91 ` ~PROVIDED, HOWEVER, THAT SAID NOTE MAY BE AUTOMATICALLY RENEWEO AT THE ~ OPTION OF THE BORROWER, IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF ~ ~ SAID NOTE. ~ ~ ~~TOGETHER WITH ANY EXTENSIONS, RENEWALS OR MODIFtCATIONS THEREOF WHtCH g ARE MADE IN ACCORDANCE WITH THE PROVISIONS OF SAID NOTE. r s ~ which has thc address of 5508 ME LV 1 LLE RD. WH I TE C I TY ? FLOR 1 DA 33450 ~sc~~~~ tc+tr~ j p ( hercin "Propcrt~• Addrrss" ) ; f (sbee snd z~p codel i ~ ! TOGETHER with all thc improv~mcnts now ur hrreaftrr errcte~l ~n thc pn~perty, and all rasemrnts, rights, ' appurtenances, rents, royaftics, mineral, oil anJ ba~ right~ anJ priifits, w•atrr, w~atrr rights. and a•atrr stock, and all ~ fixtures now or hereafter attached to the propert~•, all uf which, including r~•placcmrnts and a~iJit~uns ther~to, shall he i dremed to be and remain a part of the propc~rty rovercd by this ~lortgage; and all uf the forrgoing, t~~gcther with sai~i ~ ro rt (or the leasehold cstate if this Mort a~ is un a Icasrhold? arc hrr~in rrferreJ to as the "Pro rt ; P Pe Y B' 8' Pe Y~~• ~ a ~ Borrowrr covenants that Borrower is lawfully seised of the rstate hereby com~eyed and has the right tc~ mc~rtgage. ~ grant and comey the Propcrry, that the Proprrty is unrncumtxrrJ, an~i that Borm~~~rr u~ll warrant and defcn~i ~ generally the title to the Property against all claims and demands, subjcet tc? am~ declarati~ms, ra~ements or restrictions ~ listed in a schedule o[ eaceptions to coverage in any title insurancr pe~li~y in,uring Lender's interrst in the Property. FLORIDA-1 to 4 iamdy-6f15-fNMAlfHIMC UNIfONM INSTRUMENT ~lR~55 FacE ~ VMP ~oM,o~~o..E~ .~=~~~s5 ~o~,~s. ae~~c [ ~ L~-.~ ~ ~ ? ' ~ - _ ? ~a-'~..~.:G _ . - _ "5 . . , _ r5 .