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HomeMy WebLinkAbout0944 . 13 FIRST FEDER.AL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE 52;~~r~ MORTGAGE Loan No, O1-23093501 THB PROMI330RY NOTE 3ECURED BY TH13 MOR'PGAGE CONTAIN3 RENEGOTIABI.E INTERE3T RATE PROVISIONS. TH~ INTERE3T RATE AND MONTHLY PAYMENT3 CALLED FOR BY 3AID NOTE AKE THU3 3UBJECT TO ADJUSTMENT. THIS MOR1Y'AGB is made this . . . . . . . . . .l~~h day of . . . . ~"~.Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~s .~1, between the Mortgagor, .DdltDy..B...Gr~en..ansi .Kin~. A.. ~re~n.. bis .~?i.fe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower'). and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN AS.SOCIATION OF FORT PIERCE, a oorporation organized and existing under the laws of the United States, whose addrees is 100 Sou~h Seoond Street~ Fort Pierce, F lorida 33450 (herein "Lender"). ~ WHEREAS, Borrower is indebted to Lender ~n the principal sum of FOURTEEN.THOUSA[~1Q.TH~.HUNRREP..AN4.N0/100 --------.-------------(s1.4.~Q0.00~--------------- Dollars. which indebtednesa is evidenced by Borrower's note dated . . . . . . . ~"~y. .13.> .1981 . . . . . . . . . . . . . . . (herein "Note"), providing for monthly installmenta of principal and interest, with the balance of the indebte~ness, if not sooner paid, or not sooner due for Borrower's failure to exercise renewal options set forth therein, due and payable on May 20, 1996 TO SECURE to I.ender (a) the repayment of the indebtedness evidenced by the Note. with iaterest thereon, the payment of all other auma. with interest thereon. advanced in aocordance herewith to protect the aecurity of this Mortgage, and the ! pedormance of the covenants and agreements of Borrower herein oontained. and (b) the repayment of any future advances, ; with inter~st thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advances")~ Bprrower ~ doea hereby mortgage, grant and oonvey to Lender the following described property located in the County of ~ . . . . . . $t.. .lU&t@....... . . . . , State of Florida: ~ ~ . f Lots 13 and 14, Block 3, CROSS TRAIL SUBDIVISION, according to the Plat thereof as recorded in Plat Book 7, Page 39, Public Records of St. Lucie County, Florida. RfC~1?Ep sa6. ~ Q i~ ~AYUfENT OF TA~ES / WE 0!1 CUSS 'C ItfTAl~cG:BIE P:RSONSl PROPER?Y. PURSUANI 70 CtlSPTfZ 71-s:.~, ACTS OF it:l. _ , , \ - R~GER PGTRAS ~ ~ C?EAK C17tLOR COfRT. ST. WUE CO.. RA. ~ , ~ ~ ~ By agreement of Mortgagor and hlortgagee on ' ~ file with Pbrtgagee, the within mortgage R 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 j , note secured hereby. ; ~ . which has the address of. 36~.1 AI^1101d Road Fort Pierce . ~Su~eecr ~cit~) ' . . . .Elori da 33450 . - - - . . . . . rnerein '•Property Address"); ~Statc and "Lp l:odN TOGETHER with all the improvements now or hereafter erected on the property. and all easements, rights. appurtenances~ rents, royalties, mineral, oil and gas 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 b be and remain a part of the property oovered by thie Mortgag~ and all of the foregoing, together with said pmperty (or the leas~ hold estate if thie Mortgage ie on a leasehold) are herein refen^~d to as the "Property." Borrower oovenants that Borrower is lawfully seized of the estate hereby oonveyed and has the right to mortgage. grant and oonvey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property againet all claims and demands, subject to any declarationa, easements or restzictiona listed in a schedule of ' ezceptione to ooverage in any title inaurance policy insuring Lender's intereat in the Property8~~~ ~'T.~ri~[;~:~ ± r~ t,,•~, _~n I.'~ =~i RFtM d ~ : ~ ~ , - ~ s _ _ - _