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Home My WebLink About0979 Tti1S INSTRUMFNT PREPARED 0Y: ~¢j j~~l~ ~,~j Lt~AN N0. $49~g1-0 ~ ~ - R. RQBC~INS N~/NEN RECORDED MAI~. TO: ` ~ HGME'~AVINGS oF AMERICA P.O. 80X 7075 • - PASAOENA, CALIFORNIA y1109-7075 ' ~ ~ ~ ~ ~v ~ / ~ ADJUSTABtE RA7E Mt~ftT(3AGE LOAN _i _ ~ > This Mortgage, made this day o( D~GEMbcR 1y`:7 , bo~W~e~~ the Mortgagor, ~ D~~NALD P. AL8~RT AN~ ~ORMA E. AtBf~RT, NI5 4lIFE ~ herein called Borrower whose address is N.E. GULF=S~(f;tAhS AVENUE ~ F'~=~RT ST. l_UCIE, FL. ~ ~~4y~3 ~k ~ _ri ; and the Mortgagee, HOME SAViNGS oF AMERfCA F.k. a corporation herein called LENDER, vsrhose ad~ress is P.O. BoX 7075, Pasadena, ~ Califomia 9 t 109-7075. WNEREAS, Borrower is indebted to Lender in ihe principal sum of 'ti~ ~t7Ul~.C~Q s THIRTY-FIVE TH~;USAND AND NG/100 pollars, which indebtedness is evidenced by Borrowers Note of even date herewith(herein"Note"), providing (or payment of principal and interest NOW THEREFORE, Borrower does hereby mortgage, grant and convey to lender the tollowing described property located in ihe County of ST . LUG I E , in the State of Florida; LOT 2~ , FLOCK 470, PORT 5T . LUG I E SEC;1~ I ON 1~WEN'f Y-S 1?t, ACCO~tD 1 NG 1~0 THE PLA7 THEF(E ~:7F, - REG~~RAED IN PLAT k340K 14, NAGES ~t AND 4A TI~RGL~iH 4~, I~UBLIC R~.t:CRll~ Gf= ST. LtlCI~ GuUNTY, FLORIDA. - - - ~ - --j ~ ~ . . i.~~~{~ fi. ~i i` _:F- _lJ1~Ci~~ii ` . . . -Li. ~ ~ ~ J 7T~ I;; ~ ~ ~J ~ ~1•: =;,:r,1'_' , ~ ~ ` . , -,;f -_,~`:.'r~; . 't ReceiYed s _~~s~ In Payrr~eni OI Tax~s ~ ~ = --"=:~i:~- - r, ~ ~ ` ~ - Due On C1,~ss ~~C~ In!an ble Pe~sonal Prooert ~ - - - C~: ~~'21 ~."t'r- , g' y. - ~ ' ~ _ ; ~ j - Pursuant To Chapter 71, 134, Acts Of 1971. D~UG[ AS D1XON, - Clerk Circuil Court, St. lucie, Co., Fla. ~ ~ ~ Together with all interest which Borrower no~v has or may hereafter acquire in or to said property, a~d in and to: (a) att easements and rights ~ of way appurtenant fhereof; and (b) all buifdings, structures, improvemenis, fixtures and appurtenances now or hzreafter placed thereor~, °3 including, but not limifed to, all ap~aratus and equipment, whether or not physically affixed to the land or any building, used to provide or supply air-cooling, air-conditioning, heat, gas, water, light, power, refrigeration, ventilation, laurdry, dryi~g, dishviashing, garbage disposal or other services; and all waste vent systems, antennas, poot equipment, uiindow coverings, drapes and drapery rods, carpetin4 . and floor covering, awnings, ranges, ovens, water heaters and attached cabinets; it being intended and agreed that such items be ~ conclusively deemed to be affixed to and to be part of the real property that is conveyed hereby, and (c) all water and water rights (whether or not appurtenant) and shares of stock pertaining to such water or water rights, ownership of which alfects said property. Sorrower agrees to execute and deliver, from time to time, such furlhe~ instruments as may be requested by Lender to confirm the lien of this Mo~tgage on _ any such properties~ The pro~erties mortgagec.+, granted, and conveyed to Lender hereunder are hereinafter referred to as "such prope~y". • The Borrower absolutely and irrevocably grants, transters and assigns to Lender the renis, income, issues, and profits of alt prop2rty covered by this Mortgage. Borrowercovenants that Bo~roYrer is lawfullyseised of the estate herein conveyed and has the right to mortgage, gra~t ~nd conveysuc!~ property, that s~~ch property is unencumbered, and that 8orrower cvilt v~arrant and defend generall,v the title to such prpp~~ty against alt claims and demands, subject :o any decl~ratiors, easements or restrictions listed in a schedule of exceptions to caverage in any titte insurance poliCy insuring Lenders interest in such property. FOR THE PURPOSE OF SECURING: (1 } Payment of the sum of S 3 Gt~C1, ~U with interest thereon, accarding to ihe terms oi a promissory note of even date herewith and having a final maturity date of DECEME~'R 20~ 20~:7 made by Sorrower, payable to Lender or order, and att modifications, extensions or renewals thereot. (2) Payment ot such addiiionai sums with interest thereon: (a) as may be hereafter borroVred lrom Lender by the then record owner ol such property and evidenred by a promissory note or notes reciting it or they are so se,;ured and all modifications, extensions or renewals thereoi; or (b) as may be incurred, paid out, or ~ advanced by LendPr, or may othenNiss be due to Lender, unc+er any provisions of this Mortgage ar~d a!I mvditications, ext2nsions or renewals thereoi. (3) Pe:tor?*~ance of each ayreernent of Borrower contained herein or incorporated herein by reference or cantained in any papers executed by Borrov~er relating to ihe loan secured hereby. (4) Performance, if the loan secured hereby or any part thereo( is for ~ the purpose oi constructing improvements on such property, of each Rrovision or agreement of t3orrower contained in any construction ioan agreement or o!her agr$ement between Borrower and Lender relating to sur,h property. (5) The pertormance and keeping by r'" Borr~vrer of each of the covenants and agreemeizts required to be kept and performed by Borrowe~ pursuant to the terms of any {eass and Q~ any and all other instruments creating Borro;rrers interest in or defining Borrowers right in respect to such property. (6j Corr,pl+artce by Bcrrower, with each ar~d every monetary provision to ~e per~ormed by Bonov~er ur,der ahy deciaration o( covenants or conditions or restrio- w tions periaining to such property, and upon written request of Lender, ihe enf4rcement by Bc~rrower ot any covenant to pay maintenance or y other,.harges, if the same have not been pai~ or valid legal steps taken to en(orce such payment within ninety(90) days alter such written ~equest. is made. (7j At Lenders option, payrrsent, with interest thereon, of any other present or future indebtedness or obligation o( Q~ - Borrowe?(or o! any successor in in!erest of Borrovrer to such property) due to Lender, whether created directly e, acquired by absc~lute or~ contingent ass~gnment, vihether due or not, whether ctherwise secured or r~o!. or whether sxist+ng at the time af the executian ot fhis~ t~lorigage or arising thereaitzr, the exercise of such option to be evicienced bya rtotice in writing to 8orrowar orany successor in interzst ~~t ,,C Borroirrer. (8} Performan~e of all agreements oi Borm~r~er to pay (ees and charges to the Lenderwhether or ~~ot herein set forth (9) Paympns"~ - of charges, as allowed by law when such charc~es are made, for any statement regarding the obligation se;.,ured hereby. va~ St gar.~ a,Re. G-~ A; i F~i.a aa.~ 1 Of 4 i - -d. - - " _ ~ ~ .t;;