HomeMy WebLinkAbout0975 y . . . - .
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THN INfTRUM~NT rRL~AR[O ~Y
~UDITH 9. RO~NELL. A85T. V.P•
CIIBI.SRA'!7'l'I.R ar OL'ARA!1~TY
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At A NCCC~fARY INCIO[NT 70 TNl
. iUTA1N[O` M A TITL[ 1DNfUR NG~~.
MORTGAGE COMMITMlN7 lffU[O ~r ,T.
THIS MORIY3AOE ia made thi:. ~ of .
19 83 behvaa the Mortgaaor~ . . .MICtiALL .T.. ~HAAS,. ~oined. by ~~a.Wi~e,, DSBOItAH~D.~ HAAS.~.. , ~~J ~
. . . . . . . . . . . . . (herdn "Bornower") and the M• o . . . .
. R~ .~/~TIONA~.B~ANK Mia TRUST GOMPA?t~• AE.SiU~T ~tuart~ F~~a; ~ a riationa~~ ~ariking
association . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . whose sddreas ~a. . . . . . . . . . . . . . . . . .
. . PA. Dr~srrK 2316, 3lw~l, A. 33~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (hetein "L,ender").
WxeRe~s, Bocmwer is icldebtod to Lender in the principsl aum ot. FORTY-T1~10 THOUSAND aad .NO/100
. Dollars, which indebtadness is evidenced by Borrower'a
note dated.. ~rch. .,~~$3 ...~.(~~in "Note"), providing for monthly Installmenta of nnctpal and
interest,-with the balance of the indebtedness, if not sooner paid. due and payable on. .Se.ptetDbex .I~, .~~8~
To SECUttE to I.ender (a) the repayment oE the Mdebtedness evidenced by the Note, with interest thereon, the
payment of all other sums, wjth int~rest tberoon, advanoed in sooordanae herewith to protect the secudty of thls
Moctgage, and the perfocmance of the cavenanta and agreements of Borrower herein rnntained, and (b) tbe repayment
of any future advances, with iatereat theceon~ made to Borrowes by Lender pu~suant to ps~ragcaph 21 hereof (berein
"Future Advances"), Borrower dces hereby mortgage, grant and convey to Lender the foUowing described property
located in the Couaty of. . St., Lueie . . . . . . . State of F7orida:
Lot 1, Block 1255, YORT ST. LUCIE, SECTION TWENTY, according to the
- Plat thereof, recorded in the Office of the Clerk of the Circuit
Court in and for St. Lucie Couaty, Flarida, in Plat Book 13,
page 21, public records -
. ReCehJ~ 5-~--r----' ~ . 1 7u~7.r!°-s
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Due O~ Ga . ; ~ . ` .
R E~ ~ Pursuant To i.h~~: ,cls Ji 1_~~ 1.
STATE °F F STAnr,P j~~ ! H;;~e~ ~~;,~..:;s
n d OOCUMENTARY~~~~~--,~~i--------' - ;C1e~ Circuit Court, st. ~u~+e, co., fsa.`~~~
f'j cn VENUE/i T~ '
' DEPT. Uf E ` i~ O O~ ~
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~ THIS IS A CONSTRUCTION MORTGAGE AND SECURES-FUTURE ~
ADVANCES PURSUANT TO A CONSTRUCTION LOAN AGREEMENT '
; DATED MARCH , 1983 ~
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~ Bonfire Terrace ~ port St. Lucie, Florida 33452
which has the address vf . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
tsa..~I tcrqrl
. . . . . . . . . . . . . . . . . . . . . . . . . !herein "Property Address");
[Stsb and Zip Cod~]
TOGETHER Wltfi SII tt1C improvements now or hereaf(er erected on the property, and all easements, rights,
appurtenances. rents, royaldes~ mineral, oil and gas rights and pro6ts, water, water rights, and water stock, and all
' fiatures now or hereafter attached to the property, alt of which, including repfacements and additions thereto, shali be
Jcemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said
property (or t6e leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property".
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~ Borrower aovenants that Borrower is lawfully seised of the estate hercby conveyed and has the right to mortgage,
~ grant and convey the Property, tbat the Property is unencumbered, and that Borrower wili warrant and defend
generally the tide to the Property against all claims and demands, subject to any declarations, easemeats or restrictions
- fisted in a scfiedule ot exceptions to coverage in any dtie insurance policy insuring Lender's interest in the Property.
FLORIOA-1 to 4 F~n?ily-6/75-fNMAIFKLMC YNIFO~M NIiT~UME[f1 ~ ~R ~4
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