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A[)JUti"I'A[{l.k: EtA l'!': R!(1R'I'GAGF: 'i hi~ insuurnrn~ wzs preparcd by:
` , (~NC)R"1' Ft)RM) wH. 4Vall,cr,~c, Etyuire
. RI~~ 1,wcll,l~'rl?er, (:tay, Pc~wet~. Flick & Noeh)
' • ~~~?'f (~ne Scuuheast'fhird Avcnue /
~ A1ia~ni, Flo~ida 33191 ~
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: ~ File Number: 145-423/PB/dm ~
~ '1'hc 1'romisx~ry Nute s~cuir~l by ~his AtoitKaKr con~ains adjusiahlr imcrc~t ratr ~nc! paymen~
~ ~ proviiiom.'I he intcre~t r~tt ~nd monthly pa~ment~ call~d fc~r by ~aid Note are thu~ eubjeci to
~ ~ . unilater~l n~ocli(iration b~ t.en:ler. _
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# THIS ~1URTGAGF: is made this ~ Ztll day o( . Md,S/ , 19 $2 , bctwrrn ~he M~~ngagor,
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ROBFK'1' A. ItUSS ANU NANCI J. RC~SS, tlis wife,
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' * ' (he~tin 'florrower"),
~ andtheMongager.AMERIFIRSTFEUERAI.SAYINGSANDI.OANASSOC1AT1e)N,acorporationorgani:edandezistin unJt~thelawaofthe
United States of America, whose address is One Soothea.t 1'hird Avenue, Afiami. Plorida 3g131 (herein "l.endcr~. n~~~vntrte upon ~tS
terms, the Note secured by this Mortgage may be at ~~n interest rate which~is adjustable
~ or fixed. Also, from time to time,~ according to the terms of the Note, the 13orrower and
; Lender or their successors may agree to amend the rar_e and m~nner in which interest charged.
• • WHEREAS, Borrower is indebtcd to I.endrr in t}u principal sum uf ONI: iIUNDRf:D FI C'I'Y THOUSANU ANI) NO/ lOG-----
($150'' . --~---of ~even~da te ~ -u~i'I'~K~ ~~"~rl,tcdness is r~•idcnccd by Borrower's AJjustable Rat~
Mprtgage Note dated ~ (herein "Nutr"), providiny fc~r monthl installments nf principal and
, interut, with the balancc of tht indebtcdness, if not scxme~ paid, duc and payable on t~ date Ehirty ~3~) years from the
- date of this rlortgage so l~ng as Borrawer elects to renew thc Promissory Note pursuant to
} renewa.l provisio~~s, if any, existing therein.
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TD S~CURE to Lend~r (a) the ~tpa~•ment of the indehtcdness evidenced t~y thc h'ute with intertst ~hera,n; (b) ~he paymcnt of all othcr sums, .
. with interest thtreon, adv~nced in ucordance htrewith tu prutea the securi~y of ~he t+fortqage; (c) the performarxe of the covenants and
agreements of Borrower htrein containal; (d} the perCvrmance oi the covenants and aqreemeins incorporated by reference hereinto; and (e) Ihe
repayment of any futurt adva~xes, with interest thereon, madt to Borrower by l.ender pursuant to paragraph-21 hercof or incorponted by
rc(erence hereinto (herein "Future Advances"), Borrower does hcreby mortgage, grant and cor?vey to I.ender the following dexribed property
located in the County of . ~ ST. LUCIE , S~ate of Florida
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~ Lot G, WID~ WATERS, According to the Plat thereof as Recordecl in Plat .
_ Book 17, Page 2 of the Public Records of St. I.ucie County, Florida.
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~ THIS MORTGAGE xS MADE IN ACCOKDANCE WITN CONSTRUCTION LOAN AGREEMENT .
~ OF EVEN DATE NERF.WITH BETWF.EN THE itORTGAGOR AND TNE MOR1'GAGEI: WHICN, ~
~ BY REFERENCE, IS MADE A PART OI~ THIS MORTGAGE.
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~ . ' - - Racetved S ~ ~ ~ ~ In Payment 0t TaxN
~ i r_.. ~ Due On C~~SS Intanb~b!e PQrSonal Propert~? _
r~ I~T ' Pu~suant 7o Ch~p:er 71, 134, Acts Of 971:
. ~ocu~ rvTa~r ,~~L~C~~{[~~~~~
07 _~~E ~vSTf,_ , ~ ~ ROGER POIT~AS ~
M~ ~ nER1 C>f fit1'Et~iJt ~.r•= ' - _M ~ t
K~ - , t'.~~~", Cle~k Clrcuii C4urt, St. LuciQ, Co.~ fla,
n-`~ - P8 MAYJ3'~' [ rf1;~
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~ which has the address of 2954 no~kage Way
~ Stuart, Plorida 33494 ~
~ , (h~rein "Prc~perty Addr~ss");
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~ TOGETHER with all tht improvements now or hereaher erected on thc propeny, and all eastments, rights, appurten~nces, ren[s, royilcies, .
mineral, oil and gas rights and profits, water, water rights, and k•ater stock, anJ all fixt~ures now or hereafter ~ttached ~o the propeny, all of which,
induding replacemcnts and additions thtreto, shall be detmed to be and remain a part of ~he propcrty covered by this Mortgage: and al) of the
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~ ` fnrtgoing, together wilh said property (or the leaxhold estate in thc evcnt this \fongage is on a leasehold) are herein referred to u thc °Property."
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Borrowtr covenints that Borrower is lawfully seix~ of tht e~tate hereby convcyed and has ihe right to mortgage, gnnt and con~~ey the
Propeny, that the Propeny is unencumbrred, and that BotTOwer «ill wamnt and def~nd g~ncrally the tide to the Property ag~inst all daims and
demand~, fubjtet to any decl~ntions, taitments or rcstriaion~ listed in a scheduie of exceptians to coverage in any title insurance policy insuring
i.ender's interat in the ~openr.
PAOE 1 OF 2 PAGES ~
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~ FLORIDA-Short Form- 1 to 4 Famil}•-9/76- Revised for ADJUS"I'ABI.E: RA"I'f: ~itges. by A.F. - 3/81
~ ~ 60(n1K ~~6 PbCE J~~ . .