HomeMy WebLinkAbout285551'7498
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MORTGAG E
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Thia instrumeat wat n by: .
..~x~c~~~.~?•..c~o~~~.. .
, , ~x~$~u~e ,~o~$ t, ,~I t le ~
401 B So.Indian River Dr.`;:
•Fort Pierce, Fla. 33450 ;
THIS MORTGAGE is made this. . . . . . . . . , l~~h . . .day of. .February, , , , , , , , , , , , , ,,
19 . .81, between the Mortgagor. . . . .$F.G~N~! . $.., , C~RBONAI~- . . . . . . . . . . . . . . . . . . . . .
.. (herein "Borrower"), and the Mortgagec, . SUN BANK OF~
. . S~T.. ~.U~~~. COUNTX~. a. F~.QX~s~a . $a~?k~,~g. .G4rR4ra~ion. . . . ., ~~~~ organized and
a[isting under the laws of. . . ~~OX~d~ . . . . . . . . . . . . . . . . . . .. whose address is. .111, Orang~, , ,
. .'Avenue.,. .Foxt. P.iexce,.. .F~or~.da. .~34~0 . . . . . . . . . . . . . . . . . . . . . (herein ~~l.ender"~.
WHEREAS~ Borrower is indebted to Lender in the principal sum of. .....,THIRTY , THOUSAND .AND, no/ 100-
. . . .( $~Q . pQOs QD) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dollars, which indebtedness is evidenced by Borrower's
note dated . . . FQt?X~.iaXy. . ~-~ ,. . ~9 $ ~, , (herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and papable on .. MarCh .1.,. . 2l~11.. ......
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To SECURE to I.ender (a) the rcpaymcnt af thc indebtcdness cvidenccd by the Notc. with intcrest thereon, the
payment of all other sums. with interest thereon, advanced in accordance herewith to protect the security of this
Mortgage, and the perf~rmancr, of the covenants and agreements of Borrower herein contained, and (b) the repayment
of any future advances, with interest thereon, made to Borrower by Lendcr pursuant to paragraph 21 hereof (herein
"Future Advances"), 8orrower dces hereby mortgage, grant and convey to I.ender the following described property
located in the County of . . . . . . . . . . . . . . . . . . . . . .. .. . .S,t... .Lueie ., State of Florida:
Apartment No. 106, of THE WOODLAND CONDOMINIUM APARTMENTS, Building I,
according to the Declaration of Condominium and all exhibits thereto
dated December 9. 1980, recorded December 19, I980 in OR Book 345, pages
795 through 864, of the Public Records of St. Lucie County, Florida.
i~
T~
Received s SY~. ~ 1^ Psyment O~ Tax~
Due Cf~ Class "C" Intanyible Persone~ proS~°'h•
~,rsuAnt To Chapter 71. 134. Aatt O~'o8~~•
ROGER POITRAS ~T
Clw-y C~rCUit Court, St. LuCie, CO.. F1~.
;
~ 4 043G 000 0 ~~l5 78
~ $ . -
,~~.~~,.'~'~~~~'~ ~`-F* _
ADJUSTED RATE MORTGAaC CLAUSE
"THIS MORTGAGE DEED AND SEqlRITr AGREEMENT C'MOItTGAGE'~
SECUR~,S AN ADIUSTED RATE MORTGAGE NOTE EXE(XRED AND DE-
IIYERED SIIh1ULTANEO~ISL1f WITH THE MORTGA6E, WHICH NOTE
PROYIDES i0N PERIOD:C A0IUSTMENTS OF THE INTEREST RATE ~
AND THE A.MO'IM~ OF ~NE INSTALLM~NT PAYMENT INtTIALLY
SPECIFIED T~iERIN. TNE TERM PROVIDED AND SEqlRITY M-
-EREST CREATED BY THIS MORTGA6E S11ALL BE UNAFFECTED SY
SUCH ADIUSIMfNiS TO THE INIEREST RATE ANQ IhSTALI~ENT
NIYMEN~S"
which hati chc address ot. .?516 S: 19th Street, Apt ~~106, Building I, Fort Pierce
- -. • - - -- •,
. ~ tscreau [c~bl
Florida 33450 . . . . , . ~hcrcin "Propcrty~Addrcss");
...~...........
tsc.ce sna :~o eoael ,
TUGI:THER uith all thc impm~•~mcnt. now ~~r hrrra(trr erected un thr property, and all easements, rights,
appurtcnancr~, rcnt., ru~~alti~~~. mincral, oil and gas rightti and profits, watcr, watcr rights, anJ watrr stock, and all
lixture~ n~.w~ or hrreaftrr atta~h~d to thr proExrt~~, all ~~f w~hich, inrluJing rrplacrmrnts and adJitiuns thereto, shall be
JremrJ tu tx :~nJ r~main a~art ~,f thr proprrt~ ro~errd b~ thi, `turtgage; an~i ~il of the foregoing, together, with said
prc~prrt~~ l or the I~a~eh~~ld r~tatr if thi. `lurtgag~ i. ~n a le.a~nc~-Id ) are hcrein rc(crred to as the "Property".
Borrow~r ro~cnant~ that Hurmwrr iti lawfully ~ciscd of thc rtitatc hcrcb~• runvcycd and has thr right to mortgage,
grant and convc~~ thr Propcrt~~, th~t thr Prupcrt~~ is uncncumtkrcd, and that Borrowcr will warrant and defcn+J
gen~rallt~ the title to the Prop~rty againtit all claim~ ~nd Jrmands, subjrct t~~ any declarations,•easements or testrictions
listrd in a schedule uf exrcption~ to coveragr in :~ny tide insuranrr pulic~~ insnring Lender's interest in the Propeny.
FLORIDA-~ to ~ Fam~iy-6,15-iNMAlfMIMC UNIfOpM INSTRUMENT g~~348 PAGE~S~ E~~~
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