HomeMy WebLinkAbout2283 ~ -S-j;~~~:
- . , !
~ ~310fi'l~ ~ ~
I'his ina ru ignt was prep red by: ~
c, w~l~~. m zew~s 2
In~i~n-~R~ver Fede al Savings ~
~ an an. As soc iat~on ~
~.0. Box 1898
~ MOR'~'GAGE pierce, Florida 33450
THIS MORTGAGF. is m ~de this 12t'1~. day of _-~une_- , 19_75_,
bet~veei~ tlie AZortgagor, _ ~~l~ls~_F~Qrsl~i~~. ~nd_.~'atri~i~_A`..1~iQrdquis~.~iis___ ~ _ 5
wife _ (licrcin "Borr~tver"), -
and chc `~lortgagcc, Inclian Rivcr Fcdcral Savings ~nd Loa~~ rlssociation, ~t corpc>ratiai or~;auizcd
ancl e~isting undcr thc laws of the U:iited States of America, ~~•hose address is Vero Beach, Florida ~
~herein "I.ender").
~~~IiF.RSAS~ Rorro:vei• is indebted to Lender i~i the pri~~ciPnl s~~m of Z'wenty. thousand and
ng/100------.----_-----------Dollnrs, «•hicl~ indebtedne~s i~ e~~ideuced b~~ Borro«~c~''S IlOt(' of e~~en a
; clnte here~ti~itli (lierei~i "\Tote"), ~~i•ovidi»~; fo?• mo~ithl.• instz~ll~n~~its of p~•iiioiptil :uicl interc~st; ~~•itl~ ~
~ tl~c bi~lance of tlie indebtedness, if not sooner paid, due t~nd l~ti~~able on July _.l, „ 2000 L
To SECUR~ to I.ender (n) tlie repnjnnent ~f tlie i~iciebtednes5 e~~icieiieed h}• tl?e \Tote, ~citl~ int~r~~~t
thereon, tlie pavment of ~11 other swns, with interest thereon, ncl~•:u~cecl iu ~iccorcltu~ce he~•~~~•ith to
_ protect tl~e securitj• of t~his liort~fl~e, All(~ tllC ~~erforn~~nc~c of the co~i~•e»iuits ~~?d arreemeuts of'
. Boi•i•o~~~er liei•ei~i contnined, a~icl (h) tl~e i•ep~y~uent oF ~~n}• fi~tui•e ~icl~•:uices, ~~~itli intei•est thei•eo»,
madc to Borro«~er by Lende~• pursuant to ])AI•tinrapli 21 liereof (herei~i "I~`uture Acl~•~uices"),
Borro~~er does IiereU~• niort~~ge, grt~~it trncl co~?vev to i,~iider tlie follo~~•ing ciesc~~il~ecl i~i•ope~~t~-
loc~teci in tlie County of Saint_ ~ueis , State of b'lorid~i:
~.~~~~r- s5~n - ~/~~~-C~~~~7 i
:.Lot 24 in Block 46 of RIVER PARK S[TQDIVISION, UNIT FIVE
-according to the Plat thereof recorded in Plat Book ll, j
Page 31 of the Public_Records of St. Lucie County, ~lorida. ~
- - ~
- - ;
. ~
_ ;
~ ' _ - . ~ ~
T~ ~~.AT E~ o r. F L.._ O~ I D f=i ~ t
c~z OO~UM~t~l7ARY~;=. STAM~' 3!~ a. ~ -
o_' t" f}FPi Jf itEYF.i~UE.:e~. ~;~3~ - ~ -
i~ ~ - ~~r#`2~i ~ `
- M P.B. JU'•~~Y~1J ` _~F t ~ V 0. { .
' . nl {I?QC , . v . - . .
~ ~ ~ . . .
- . AECEIVfD IN PAYMEHT 0~ TA(~$ ~
, . . . . . . . . - . - . . . . - DUE ON CI~.SS 'C INTM1GIBlE PE:'~Ot1Al PROPERiY
! - = PiJRSIJANT TO CFIAPTEQ 71-134, ACTS OF 1911. ~f~'<< ~
ROGER t'OfTRAS j
, . • CLERK CIRqIIT COURT, ST. lUCIE CO., R.1 ~
~
- _ _~i
r ' ~
- - ~
. . • - ~
~
'I~OGF.THF.It ~Vith all the impro~•enients uo~~~ or here~if}er erected on the prope~•t}•, and all easements, - ~
rights, 1~)nllr+enances, rents, ro~•alties, mineral, nil ~u~d ~as ~•i~rht~ and ~~r~fit~, «•~iter, «•ater rinhts, ?
~iic2 «•atei• stoek, ~iiid ~11 filtiu•es ~io~~• or iiere~fter attached tc, th~ pi•opci•t~•, ~~1~ i~f ~~~liich, iiicludi~ig~
i•eplacen~ent~ ~~iicl ~idditions tl~ereto, sl~~ll i~c~ dee~ned to he 21U(I 1'Cl11i1111 a pai•t of tl~e i~ropert~- coverecl ~
- i,~ this •liortgage; and all of the fore~oin~, to~ether «•ith s~id propert~• (or thc leasehold estate
in tl~e erent tl~is lio~•t~a~e is on ~i leasehold) are herein referred to as the "Yroperh-". ~
Rorroh-er covenaiits that Borrotver is 1~«•fn1_1~- seised of the estate hereb~~ conveycd ~nci has t)~e
right to niortgage, ~rant ~nc] cm~re~• the Propert~~, th~t the Pi•opertr is iinencumberecl, ~iid.tliat.
Borro~rer ~~•ill ~ti~arrant and defend ~enerzllr the title to tiie Properh• ~~~tinst zll claims and demt~nds, ~
subject. to an~~ easements ~ncl restrictions listed in a schedule of e~ceptions to co~~erage in an~~ tit.le ~
~ insurance polic~~ insuring Lender's interest in the Propert.v. . ~
UNIFURbt COVENANTS. Borro~ti er nnd Lender covenant and agree as follows :
_ - 1. Pay~nent af Princigal msd Interest. -Borro~r•er shall ~~romptly pay when due the ~r_ncipal of and interest ,
on the indebtedness evidenced by the l~iote, prepayment anct late ch~rges as provided in the Note, and th~ p~inci-
pal of and interest on any Future Adv~snces secured b~• this \tortgage.
2. Funds for Taxes and Inaurance. Subject to I.ender's ontion ~mder p~ragraphs 4 and 5 hereof, Borrower
~~sll pay to l.ender on the day monthly installm,ents of ~~rincipnl and interest are payable under the RTote,. until ~
the Note ~s paid in full, a sum (herein "Funds") equa't to one-ttivelfth of the yearly iaxes and assessments which ~
may Attain priority over this ~?1fort.gage, and ground rents on thc Property, if any; plus or.Q-t~velfth of yearly pre-
miur.~ installments for hazard insurance, plus one-f,n•elfth of yearlv nremium installments for mortgage insuranee, ~
if any,~ll ns reasonably estimatecl initiall~• and from time to time by I.ender ~n the basis of asse..csments and bills ~
and reas~: ehle estimates thereof. '1'he F~mds ~hali I~e hel~i in an institution the deposits or accottnts of which are ~
- _ .
. ~
FI.ORIDA---Fx~c-~Zt»-i co s Fam~r
. - aoox~4U PAGE~~~~,