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HomeMy WebLinkAbout0744~- J~~ ~~ THIS INSTRUMENT N'AS PfiEPAREO BY: CITIZCNS FEDERA6 SAVIHGS ANO LOAN ASSOCIATION OF fT. LUCIE COUNTV Ii00 5. FEOERAL NIGNWAV, FT. ~IEHCE. FLORIDA C. R. MCpONAL~, JR., GENERAL COUNSEL RENEGOTIABLE RATE MORT'GAGE 22050098 s~~. ~° (SHORT FORhi) THIS MORTGAGE is made this 6th day of Februa~v 19 8~ ~ between the Mortgaqor~ ROBERT WAYNE TURP I N AND DAWN MAR 1 E TURP I N ~ H 1 S W I FE (herein "Borrower")~ and the Mortgagee. CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the United States of America~ whose address is 1600 South Fed- eral Hiqhway~ City of Fort Pierce~ County of St. Lucie. State of Florida~ (herein "Lender"). WHEREAS~ Bocrower is indebted to Lender in the principal sum of ~ENTY N I NE TNOUSAND S 1 X HUNDRED AND NO/100----------------------------------Dollars~ which indebtedness is evidenced by Bonower's note dated Eebruary 6+, 1 qSt (herein "Note")~ providing for monthly instaUments of principal and interest~ with the balance of the indebtedness, if not sooner paid~ due and pay- able on ~ r~ i 1 1~ 2011 . 'PO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower herein contained; .(d) the performance of the covenants and agreements incorporated by reference hereinto; and (e) the repayment of any future advances~ with interest thereon~ made to Sorrower by Lender pur- suant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances")~ Bonower does hereby mortgage, qrant and convey to Lender the following described property located in the County of ST. LUC I E State of Florida: Lot 23, Block 1146, PORT ST. LUCIE, SECTtON 9, according to the plat thereof on file in Plat Book 12, PageS 39A through 391, Public Records of St. Lucie County, Florida. The PROMISSORY NOTE secured by this MORTGAGE contains renegotiable interest rate provisions. The INTEREST RATE and MONTHLY PAYMEkTS called for by said Note are thus subject to adjustment. RECQYEO = 59• ~ v IN ~AY~t:NT OF TA~ CtlE 0~1 Cl~+t `C i!:TRf::3tE PaP.50t1wL -P.~:ERTY~ PURSilAMT TO Hf.Fi_• Ji- .4, /.~TS GF 1~71. noGci P~11TtAS c« aaar co~r. tT. utct o~. w~~11. .f : , ~ which has the address of 743 S-,f Bond Road Port St . Luc i e Florida 3452 (hecti-in "Property Address"j; ISTREET~ ~c~TV~ TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, rights; appurtenances, rents, royalties, mineral, oil and gas rights and profits. water, water riqhts~ and water stock, and all fixtures now or hereafter attached to the property~ all of which, including replacements and additions thereto~ shall be deemed to be and remain a part of the property covered by this Mortgage; and all the foreqoing, together with said property (or the leasehold estate if this Mortgage is on a lease- hold) are hereu- referred to as the "Property". ~ Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the riqht . ~ to mortgage, qrant and convey the Property, that the Property is unencumbered, and that Borrower will ~ wanant and defend generally the tide to the Property against all claims and demands, subject to any declar- 4 ations, easements or restrictions listed in a schedule of exceptions to coverage in any tide insurance policv ~ insuring Lender's ihterest in the Property. ~ FIORIDA - SNORT FORM - 1 to 4 Family - 8/7B - FHLMC UNIFORM INSTRUMENT g~~ A~~ P~ ~~~ V i ~ _. ¢5.. : ~ :. .. .3 . .~ ~ __--x ..._.. _ .-__. . - _ -_ .._ ._