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HomeMy WebLinkAbout1081147 02k413 'q~ " ' _ _ 516561 MORTGAGE TH1S MORTGAC3E is made this lOTH ~y ~ FEBRUARY ~ ~~ betwan tt~e Mortgagor. CHESTER J. FRABLE AND TERESA M. fRABLE, H1S Mi1FE ~~,,~ o . 1981 . (herein "Borrowcr")~ and the Mortgagte. HSRITAGS FEDSRAL SAVINGS AND LOAN ASSOCIATION , a cor~wration organiud and existing under the laws of THS UNITED STATSS OF AMBRICA whose address is 2S0 NORTN BBACH STRBBT, DAYTONA BSACN. FLORIDA (herein "[.ender"). FORTYR FOUR~ THOUSAND~e~ I GH~dHl1~~~t~~n~~ 5~~~00 RENE~IA6 LE ~O~~a~' which indcbtedness is evidenccd by BorrowerJr note ated FE6RUARY 10, 1981 (hercin "Note"). providing for monthly installments of princi al and interest. with the balance of the indebtedness, if not sooner paid, due and payable on f E6RUARY 10, 2~11 ~* - To SECURS to Lender (a) tfie repayment of the inciebtcdness cvidenccd by the No~e with interest thereon, the payment of all other sums. with 'snterest thereon. advanced in accordance herewith to protect the security ot this Mortgage. and the performance of the covenants and agreements of Barrower hercin contained. and (b) the repayment of any future advances, with interest thereon. made to Barrower by Lcnde~ pursuant to paragraph 21 hereof (herein "Future Advanees"), Borrower does hereby mortgage, grant and convey to Lenckr the following deseribed property located in the County of ST. LUC 1 E , Statc of Florida: LOT 18, BLOCK 1140, PORT ST. SUBDfVISfON ACCORDING TO THE tN PLAT 800K 12, PAGE 39A Of ST. LUCIE COUNTY, fLORIDA. Th~s instrument ~xe~ared by Shirley Scanlon, Ass't Vice Pres. Heritage Federai Savings and Loan Association P. O. Box Y , Daytona Beach, Florida LUCIE, SECTION N1NE A PLAT THEREOF, RECORDED THE PUSLIC RECORDS OF RECffrEO i~L~sc_ M ~AVIIEIR Of TA~ Otlf ON tU+i 'C tliT-Ji6 StE PCRS1:tAl -R~ERZY~ t YRSJANT TO . MAVi:~ 11-..~. ACYi OF ~fl. - ROiEA POtTRK CtEWI QiCtlti C01Ri. fi, LrCt a.1k~~1. ~' li tc covenant;.•ri a~'1 a~~''Pd that any cietauit under the Co^.strucl~_•n ~'ar. ~.•-~.~~me :t wricti -s ~ated cenCurrc.i'~~ h~: c.~•~~h. a,~~ ~s '~•..!:~ __~;~_ t#~e pa~ties ne<<-,:~. s`~a'~ :;n 3''~ :a::1t t,r+d~~r t,:is mo-tga~e. t,~,~ , herein s,~d c~:ns.r~.~'ion k~an ag, ::em~~:t ? mcosporate~! by r;~rarence to i:~~~ s~~'~' ~7tent and effAct as thou~h se'. fo{th ~n tull here~n." FHL86-INDEX 13.15 *PROVIDEO, HOWEVER, THAT SA1t? NOTE MAY BE AUTOMATlCAILY RENEWEO AT THE OPTION OF THE BORROWER, IN ACCORDANCE WITH THE 7ERMS AND PROVIStONS OF SAID NOTE. ~*TOGETHER WITH ANY EXTENSfONS, RENEMIALS OR MODIFICATIONS THEREOF WHICH ARE MADE IN ACCORDANCE WITH THE PROVISIONS OF SAID NOTE.. which has thc address of L07 18, TATUM TERRACE . PORT ST. LUCI E (sba~tl [tit~tl FLORIOA 33452 (hercin "Propcny Address"); tsaa .no rv coo.l TOGETHER Wllh 8II II1C impravcme~ts now or hercafter erccted on tFx: property, and a{I casemcnts, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, weter, water rights, and water stock, and all fiatures now or hereafter attached to the property. all ot which, including replacements and additians thereto, shall be dcemed to be and remain a part of the propcny covercd by this Mortgage; and all of the foregoing, together with said property (or the Icasehold estate if this Mortgagc is on a leascholdl are hrrein rcferred to as the "Property". ~ Borrower covenants that Borrower is lawfully seiscd of the cstate hereby convcyed and has the right to mortgagt, grant and convey the Property, that the Propcrty is unencumbcred, and that Borrower will warrant and defenJ ~ ' generally the title to the P~operty against all claims and demands, subject to any decla~ations. casements or restrictions , listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in tfie Property. ~ FLORIDA-1 to 4 ismil -6l75-fNMA/FNtMt YMIFORM INST~UMEN1 p/~(nIRy p (! 1~~ ~(/y~~ ' VMp COwsOUO~ttD ~vt~r[ss -Ow,rl. ~wt. pi)7/f~348 r~~+~i~~/~ ~ LCS-3Y . [ -. ~ - v; ~.~`~ ~~ .,~ - ~ .-~ ,~ ~~~~~,~: _ ~ _~.. .