HomeMy WebLinkAbout0962 PSL-3-1061 ~ '
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8380 D S. U. S. H~ghway ~
MORTGAGE °t s` `u`~ ~~c. ~a
Pat St. luae. Ffaida 33~t50 1,
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~HIS MORTGAGE ic made this 26th ~ of July
19.8. betaroen the Mort~or, . . .DESI6IV. COI~G~P~~. A~~~~OQM~NT .4QRPORAT~QN . . . .
RR~T 1~IA'i'tONAL' ' BANIC AND' TRt~~A~~ a~~g'~"' . . . . . . . . . . . . . . . . . . .
. a corporation organized and
. . ~~aG~ ~ : the Unit$~,e~.t~t~~~.Of. ~1"~~ . . .,,whosc address is. .
. fs~ ~ . . . . . . . . . . . . (herein "Lender").. . . . . . . . .
WNEREAS, Bornower isu
~dabted to I,ender in the principal sum of. . THI6TY. 4P~ .T.H~USANQ. F.LF.TY
. . . . . . . . . . . . . d~d ,NO~ lUU-- . . . Dollars wluch indebtedness is evidenced by Borrower's
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note dated. Ju~X.26,...1~~3.. ....(herein "Note"), providing for mopthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on. ..~Tovemhex .26.. 1983
To SECttRE to Lender (a) th~ repayment of the indebtedness evidenced by the Note, with interest tbereon, the
payment of all other sums, with interest tbereon, advanced in accordance herewith to protect the security of this
Mor~gage, and the performance of the covenants and agreements of Bonower herein oontained, and (b) the repayment
of any future advances, with interest ther+eon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein
"Futuro Advances"), Borrower dces hereby mortgage, grant and convey to Lender the following described property
located in the County of. ST.. .~.~4~~ . . State of Florida:
Lot 27, Block 1131, PORT ST. LUCIE, SECTION NINE,
, according to the Plat thereof as recorded in Plat
~ Book 12, Pages 39A through 39I of the Public Records .
of St. Lucie County, Florida.
TNIS IS A CONSTRUCTION MORTGAGE AND SECURES FUTURE ADVANC~S
PURSUANT TO A CONSTRUCTION LOAN AGREEMENT DATED: Juiy 26, i9s3
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~ ReCelved S~LL~ In Payment Oi Taxes
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~ Due On Ctass `C' I^'<:n ;ib'e i'ars~~~; °ro,-,e; y
k Pursuant To 'i. 13:. A•.:s pi !971.
~ R~;;~R POiT-:~S ` ~y-~~
j Clerk Circuit Court, S~ Lucie, Co., Fla. r
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~ which has the address of. . . . . . . Hamp~hire. .4~~~ . . . . . . . . . . . . . . PQr~ .~~..~UC1~ . .
~ [s:?..cl ~ tc~t~r) '
: , , , , , , , , , , , , , , , , ,FL ,33452, , _ ~~rein "Property Address");
tsaee s~d z~p coa.~
, TOGETHER Wlth SII tt1C improvements now or hereafter erected on the property, and all easements, rights,
appurtenances, rents, royalties, mineral, oil and gas rights and Qrofits, water, water rights, aad water stock, and all
&atures now or hereafter,~ttached to the property, a!I of which, including replacements and additions thereto, shall be
deemed to be and remain a part of the property covered by this Mortgage; ~nd all of the foregoing, together with said
~ property (or the leasehold estate if this Mortgage is on a leasshold) are herein referred to as the "Propecty".
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~ Borrower covenants that Bonower is l~wfully seised of the estate hereby conveyed and has the right to mortgage,
; grant and convey the Property, that the Property is unencumbered, and that Borrower wilt warrant and defend
generally the title to ihe Property against ail ctaims and demands, subject to any declarations, easements or restrictions
listed in a schedule of ezceptions to coverage in any title insurance policy insuring Lender's .interest in the Property.
FLORIDA-i to 4 family-611S-iNMAJFMLMC IiNiFORM IMSTNUMENT
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