The URL can be used to link to this page

Home My WebLink About0951 THlS INSTRUMENT PREPAAEO 8Y: 1~° ~ LQAN N0. 774182-0 ~ 833692 L. KUP~RIAM WHEN RECORDED MAII. TO: HOME SAYIN(3S oF AMERICA P.O. 80X 7075 PASADEN/~ CALIFORNIA 9f 109-7075 ~ ADJUSTABIE RATE MORTC~AQE IOAN - . Thts Mortgage, made this ~~nd 'day of JUNE, 19$7 , betwssn ihe Mo~tgaQor, ~ ALFRED E. TIRRACCINE AND Et~~GENE J. TIRRACCIN~, NIS WIFE i ~ herein called Borrawer whose addresa is 22 PARKWQOD ROAA, ROCHESTER, NY 14615 and the Mortgagee, H4ME SAVINGSoF AMEHICA, F.~l, a corporatlon herein called LENDER, whose addrsss is P.O. Box 7075, Pasadena, CalltorNa 91109•7075. WHEREAS, 6orrower is indebted to Lender in the pri~cipal sum o! dQ f 80~. ~)4 $ FORTY TNOUSAND EI6HT HtlNDRED AND NO/100 potia?s, : which indebtedness is evidenced by BoROwers Note of even date herewith (herein"Note'~, providing for payment of princlpal and interesk ' NOW THEREFORE, Borrower does hereby mortgage~ grant and convey fo Lender the toliow+ng described property located in the - County of ~T. LUGIE . in the State oi Florida; - L4T 25, BLOCK 3286 OF FORT ST. LU~CIE, SECTIQN 49, A SURDIVISIQN, ACCORDING TO TNE PLAT ` 7NEREOF, RECORIIED IN Pi.AT $ODK 20, PA6E 13t DF TNE PUBIIC RECCRDS OF ST. LUCIE COUNTY, ~ Fr..4RIDA. <; ~ ~ gd~ R~e~~ s b~_ ~n Paymenl OF Yaxes . t • j [h~e On Class "C•• Int?og`~le P~~sonal Property. _ . Pursuan'. io Ch~a•er 71, 134, At~ts 01 1971. ; ~ ppllGlAS DiXON, ~ ~ Clerk Circuil Coun, St. tuc?e, Co., Ela- ~ ~ ~ Together with ali interest which Bonower now has or rnay hereafter acquire in or to said property, and in and to: al! easements an~ rights ~ af way appurtenant thereof; and (b) all buildings, structures, improvements, ~ixtures and appurtenances now or hereafter placed thereon, including, but not limited ta, ali apparatus and equipment, whether or not physicatty affixed to the land or any building, used to provide or ~ supply air-cooling, air-conditioning, heat, gas, water, light, power, refrigeration, venti(afion, taundry, drying, dlshwashing, garbage ~ disposal or other service~ and all waste vent systems, antennes, pool equipment, wlndow coverings, drapes and drapery rods, carpeting and fioor covering, awnings, rangea, ovens~ water heaters and attached cabinets; it beirtg intended and agrsed that such ifems be . conclusively deemed to be affixed to and to be part of the real property that ia conveyed hereby, and (c) aN waterand water rights (whether or not appurtenant) and shares of stock pe~taining to such waterorwatar rights, ownership of which affects said property. Borrower agrees to execute and deliver, from tlme to time, such further instruments as may be requested by Lender to coniirm the lien of this Mortgage on any such properties. The properties mortgaged granted and conveyed to Lander hereunder a~e hereinafter reterred to as "such . propert~/'. The Borrower absolutely and irrevocably grants, trans(ers and assigns to Lender the rents, income, issues, and profits of ail property covered by thts Mortgaga Borrower covenants that Borrower is tawfultyseised of the estate herein conveyed and has the right to mortgage, grant and convey such property, that such property is unencumbered, and that Borrower will warrant and defend generally the title to such property agalnst afl claims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions !o coverage in a~y titie insurance policy insuring Lenders interest in such praperty. FOR THE PUfiPOSE OF SECURING: (t ) Payment of the sum of 3 40, $h0 .00 with interest thereor~ according to the terms of a promissory note oi even date herewith and having a fina( maturity date of JULY 1~, 2Q17 made by Borrower, payable to lender or order, and alt modifications, extensfons or renewals thereof. (2) Payment of sucli additional sums with interest thereon: (aa as may be hereafter borrowed from Lender by the then record owner of such properiy and evidenced by a promtssory note or notes reCiting it 4r they are so secured ar~d a!i modlfiCations, extensions or renewals thereof; or (b) as may be incurred paid out, or advanced by Lender, or may otherwise be due to Lender, under any provisions of this Mortgage and alt madifications, extsnsions ar renewais thareof. (3) Perlormance of each agreement ot Borrower contained herein or incorporated hereln by reference or contained in any papers exeCUted by Borrowe~ relating to the loan secured he~eby. (4) Performance, if the loan secured hereby or any part thereof (s for the purpose of Constructtng impravements on such property, of each provision or agreement of Borrower contafned in any consiruction loan agreement or other agreement between Sonower and lender ~elating to such property. (5) The perFormance and keeping by Borrower ot each ot th~ covenanta and agraements required to be kept and pe~formed by Borrower pursuant to the terms of any lease and any end a~l other instruments creating Borrowers interest in or defining Borrowers right in respect to such property. (6) Compliance by 8orrower, with eacb and every monetary proviafon to be performed by Borrower underany declaration of covenants oroonditions or restrio- tions pertaining to such property, and upon written request oi Lender, the eniorcement by 8onowerof anycovenant to pay maintenance or other charges, if the 8ame have ~Ot been paid or valid legai steps iaken to enforce such payment within ninety(90) day$ after such written request is mada (7) At Lenders option, payment, with interest thereon, oi any other present or future indebtedness or obligetion ot Borrower(or of any succesaor inlnterest of Borrower to such property) due to Lender, whether created directly or acquired by absolute or • contingent essignmenf. whether due or no~ whether otherwlse Secured or not, or whether existing at the ~time ot the executlon of this. Mortgage or arlsing thereafter. the exercise of such Option to be evtdenesd by a notlce !n writing to 8orrower or any successor in interest of Bonower. (8) Performance of aii agreements af Borrower to pay fees and cha~ges to the Lender whether or not herein set forth (9) Payment of chargea, as altowed by taw when such charges are made, tor any statement regarding the obHgation secured hereby. Si•8853-4 (Rev. B• 3/88) - Part f lfC! 1 of 4 ~ R~~~ ~f OOK P,1GE ~5~, 4-