HomeMy WebLinkAbout0967 ~ I ~
~ . t . 5950~50 ~'1~
_ • ' 'i~. in.avmeac Mas p~pared by:
• . . ~ai 7.. Rayxte. . . . . . .
CV~qe~'F~a~ .i~A~. R~Pt •
. MORTGAGE ~ ~
$
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'THIS MORTCiAOE ~ made tlds . . ds of . . ~~~~5~}~Jr3t . .
19$ 3 betwaa the Mortgagor, . . ~C~P.~.M•. .~r. .4~$. . ~3~& .W~~@. . . . . . .
. ARST.NATlONA?L.al1WC JlNR TRUS~L AOMe~ANIf OF.~SZtJNCT.a~.~r5.~~
~i ~~'~oorporatlon ora,an~zod sad
existing under t6e lawa o[. . The. ilnited .Staitea .o~ .~er~,ca.. whoae sddreas ia. . . . . . . . . . . . . . . . .
. . PA. ~aw~ .?~16r .S~lwet. .FL 334P~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (beir.in "I.ender").
Hr~~,s, Horrower is iqdebtod to Lender in the princjpa! aum of. ...FIFTY ,FOtjR. ~'EiQLj$~14. ArIP. .
N0~~00-.---------------------------- . p~~ which indebtednest ia evidenoed by Borr~wer'a
note dated. Eeb.XLt~y...`~,.~.19.83...(hereia "Note"). providin~ for monthly inatallmeats princi~s1 aad
interest, with the balancc of the indebtedaess, if not sooaer pajd. due and payable on. . Augu~tt. .19f~3
To SECUas to Leader (a) the repayment of the indebtednesa evidenad by~the Note, with intereat tbereoa, the
PaYmeat of all other sums, with interest thereoa, advancxd in aocoi+danoe herewith to protoct tbe security of this
Mortgage, and tbe perfornnance of the oovenants and agroemants of Borrower herein oontained, and (b) the npayment
of aay fut~re advanoes. with interat theroon, made to Bomower by Leader pursuu~t w paragraph 21 hereof (herein
"Future Advanvea"), Borrower dcea hereby mortgage, graat and oonvey to Lender the following described property
located in tlie County of . . . . . . . . . St . , Luci~ . . . . . . . . . . . . . . . . . . State of Flodda:
Lot 21, Block 1327, PORT ST. LUCIE SECTION ELEVEN, according
to the Plat thereof, recorded in Plat Book 12, page 51, S1A
through SlE, Public Records of St. Lucie County, Florida.
~ THIS TS A CONSTRUC~~ON MORTGAGE AND SECURES FUTURE
ADVANCES PURSUANT TO A CONSTRUCTION LOAN AGREEMENT
~ DATED FEBRUARY ~ , 1983. -
_ it~ai+'°d S-~--_-~ b Paym~nt Ot T~
~ Oue On Class "C" intanpiblc Pxaonal Mrop~~t~?~
~ ~ ~ursuern io Cf~pter 71.134. /?aq pt 1 71.
~ S-T'A E oF Fl...oR1DA
STA M P T A X~ : ROGER PORRAS
~oCUN?ENTARr~"~, ~ Ciric Ckcult Cour~ gt ~ue~,
. DEPT
OF
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~g Q0~'~
: . ~ ~ Ff~-~•sa s ~ • • - ~
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which has che address of. . . . . . . . . . -t~d~he6oR• Te~~aCe . . . . . . . . . . . $or~ .Str . LuCi.e . . . . . .
<
tc~M
~ . . . . . .
. F.lo=ida . . 33~452 . . (herein "Property Addresa");
tsaa sr~a =b coa.~ ~
~ TOGETHER Wltll 8Il t~lC improvements now or hereafter erected ~n thc property, and alt easements, rights,
appurtenances, nnts, royalties, mineral, oil and gas rights and profits, water~ water rights, and water stock, and all
fixtures now or hereafter attact~ed to tbe property, all of which, including replacements and additions thereto, shall be ~
deemed to be and remain a part of the property covered by this Mortg,age; and alt of the foregoing, together with said
property (or t6e leasehold eatate if this Mortgage is on a leasehold) are herein refernd to as t6e "Property".
Borrower covenants that Borrower ia lawfully seised of the eatak hereby vonveyed and has the right to mortgage~ ;
grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend ~
generally t6e tide to the Property against all claims and demanda. subject to any declarations. easements or restrictions
listed in a scbedule of exceptions to coverage in any title insurance policy insuring [.ender's interest in the Property. ~
~ fLORIDA-i co 4 F~~ir-s~~s-~wi~c ~N~ow aat~u~wrt g~~ PAGE ~7