HomeMy WebLinkAbout2731TNIS IS A BALLOON MORTGAGE AND TRI~ FINAL PAYMENT OR TNE
BAI.LOON DUE UPON MATURITY IS $8~268.00~ TOGETHER WITH
ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY
THE MORTGAGEE UNUER THE TERMS OF THIS MORTGAGE.
MQRTGAGE
517430 ~ b'
'I~ last~umeat wat pnpued by:
. • •.! . MICHd~I' '$h~tVtVN(V . . .
• • •72g VEL'A~>Jdf~c ~A1%E~tV~1E • •
FORT PIEFtCE. FL 33450
18.° °
TH1S MORTGAC3E is anade this . . . . . . . ~ ~ . . . . . . . . . . . . . . . . . . . day of . EebruaY:~c . . . . . . . . . . . . . . . ..
19 .$1. ~ betaeen the Mortgaaor, LLQYD. ~'.. . ~IINSTEAD ~ . .I II. r . e. .S 1Ag18 . 8d~11~ . . • . • • • • • • • • • • •
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"), aod the Mortgagee, . . . . . . . . . . . . . . . . .
•FlRST• ~47'IONA~•B~NK•AND• •TRUST• C011APANY• aF •8~AR~~
• a• Natioanl• 8anking•Aesociatiion. . . ., ~~ ~~ ~.P.O.. D~rawer.. . . .
. 23~ 6 ~. .&tvart,. ~1Qr1da. . 3~4~5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein °L.endeP~).
WHEREAS, Bornower is iqdebtod to Lender in the principal sum of .~~ iv~ ,~'~lOU&811~ ($~.2 . QQ0..00)
. Dollara, which indebtedness is evidenced by Borrower'a
r-oee dacoa.Fe.hruary. .../.,.. ...~. ~98~(hereia •,Note"), providiag for monthly installmeata of principal and
intcrest, with the balana of the indebtedness, if not soorier paid. dne and payable onFebruar.y. ... J.~ .... L986
....................:
r.
To SecurtE to L.ender (a) the npayment of the indebtedness evidenced by the Note, with interest t6ereon, the
payment of all other sums, with intenst theroon, advanocd in accordance herewith to protect the socurity of this
Mortgage, and the performanoe of the oovenants and agrcements of Borroarer herein oontainod, and (b) tbe repayment
of any future advanoes, with interest thereon, made to Borrower by Lender purswnt to piragraph 21 hec~eof (herein
"Future Advanoes"), Homower doe.s hereby mortgage, grant and convey to L.ender the following describod property
located ia the Couaty of.S~.. .LuC~~ . . . . . . . . . . . . . . . . . . . . . . . . . . .. State of Florida:
From the NE corner of the SW~ of the NW~ of the NE~ of Section
29, T35, R40 E, run S 89° 59' S0" W 162.17 feet to a point on
the South right of way line of Edwards Road; thence S 53° 36'
30" W along said right of way line 446.44 feet to the Point
of~Beginning; thence run S 36°23'30" E 254.02 feet; thence S
10°43' W 14.64 feet to a point on the Easterly right of way
line of Five Mile Creek; said point being the beginning of a
curve concave to the North; thence run Northwesterly along a
curve having a radius of 297.60 feet subtended by an angle
of 36° QO' for a distance of 186.99 feet to the South right
of way line of Edwards Road; thence N 53°36'30" E 100 feet
to the Point of Beginning
AND ~
From the NE corner of the SW~ of the NW~ of the NE~ of Section
29, T 35 S, R 40E, run S 89°59'S0" W 162.17 feet to a point
on the South right of way line of Edwards Road; thence S 53°
36' 30" W 162.17 feet to a point on the South right of way line
of Edwards Road; thence S 53°36'30" W along said right of way
line 346.4.4 feet to the Point of Be~inning; thence run S 36°
23'30" E 283.38feet; thence S 22°22 13" W 69.30 feet to a point
on the Easterly right of way line of Five Mile Creek; thence
N 79°17' W along said right of way line 75.64 feet; thence run
N 10°43'~ E 14.64 feet; thence N 36°23'30" W 254.02 feet to a
point on said South right of way line of Edwards Road; thence
N53°36'30" E i00 feet to ttie point of beginning.
~~ a~l oo ^ M,nmrt a Tu~s
onE oN aus: ~ a-TU~s~ ~seiut r~~n4
PIkSUAN7 TO CMArTEi T-~~, ,-crs oF an
tJtEf ~OITY~ ~N
tt-.RK 0....WT CO1RT. !T. IKE 0~. EiAi~,ri'
which has the address of . . ~~dwaxds. .$oad . !(P. . 0... . BAx.189fi~ , . ., . . F.orz . Pierce . , , . . . , . . . . ,
tsu..e~ tcnr~
. ~~.Qx~~ia . . ~3450. . . . . . . . (henin "Propcrty~Addresa");
tsaa ar+a z+p coa.l :
TOGETHER Wlt~l 8II tIlG improvements now or 6ercafter erected ~n the property, and ail easements, rights,
appurtenances, rents, royalties, mineral, oil and gac rights and pro6ts, water, water rights, and water stock, and all
fixtures now or hereafter attached w the property, all of which, including replacements and additions tbereto, shall be
deemed to be and remain a part of the property covered by this Mortgage; and ail of the foregoing, together with said
property (or the lease6old estate if this Mort$age is on a leasehold) are herein ceferred to as the "Property".
Borrower covenants that Bonower is lawfully seised of the estate hereby conveyed and has the right to mortgage, ~
grant and convey the ProRerty, tbat the Property is unencumbered, and that Borrower will warrant and defend _
generally the tiUe to the Property against aU claims and demands. subject to any declarations, easements or restrictions
listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Propetty.
flOR10A-1 co ~ F~~iy--ei~s-~N~u/FMIMC UNIFORM IIItTRUMENT • tiK ,
; aG~ 348 pN~F 2729
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