HomeMy WebLinkAbout0964 _ . . . _ . l
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This instrumcnt was prepAred by:
5`~~4i ~ t R . ' Cac~y?, ,H~RmQ~~, . . . . . . . . /
~ First nion Saviii ~
, . U e
. P.O.~ ~Box ~ 3660 . . . . .
1VI~R'TGA~~ F~• Pierce, FL 33k54
THIS MORTGAGE is made this 2~ t1i . . da of AuguB t ~
19. bctw~en thc Mortgag~r, . . ~O~IST~~E. M r . KOL~E$.~ . s~. ~lg? e .Per$4?n . . . . . . . . .
~ • . (herein "Borrower"), and the tdortgagcc~ . . . . . . . . : . . . . . . . . . . ~ ~
. FiR~T I~I~f~K S~lv1t~?a~ !?NR ~QAM.A~~4~Ult~~?M. . . . . . . . . . . . . . . . . . . . . . . a corporution o~ganizcd 3nd
cxisting under the laws of. . . . ~LP~~.t~l . . . . . . . . . . . . . . . . . . . . . whose address is. . . . . . . . . . . . . . .
P,O~ f~x.~4~ - F1•.I'i~t+~, F~i~4a ~~!~i~ : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Lendor"). -
V~NEREAS, Borrower is indebtcd to Ler~der in the principa! sum of. .`i'.~'!~ENTY-NINE THOUSAND
- ,,SEVEN ,HUNDRED AND, NO~Ztl~-------`---,po~~ars, which indebtedness is cvidenced by Borrower's
note datcd Aug,u~_t~, 27,~ , 19 $ 2, ,,,.(heri:in "Note"), providing for cn~nthty instaltmcnts of principal and ~
ir.terest, with the balance af the indebtedness, if not sooner Raid, due and payabie ~n. .~'ebruary, 8~ ~
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To S~cuRE to Lender (a) the repayment of thc indebtcdness evidenccd by the Note, wi;h intcrest ther:ar., the
payment of atl ather sums, with interest thereon, advanced in accordance herewith to. protect the security of this
Mortgage~ and the performance of the covenants and agreements of Borro~ver herein contained, and (b) the repayment
~ . of any future advanc4s~ with interest thereon, madz to Borrower by Lendcr pu~suant to paragraph 21 hercof (herein
"Future Advan~es"), Borrower does hereby mortgage, grant and convey to L.ender the following described property
. _ lccated in the County of. . . . .Lu.Gie . . . . : . . . . . . . . . . State of Ftorida:. . !
- - - ~i~
- Lot 7, Block 2118, ~ORT ST. LUCIE, SeCtion 34, Plat Book 14, -
, Pages 10 through 10~, Public Recor3s of St. Lucie County,
. Florida ' .
Ttiis mortgage and the note secured hereby a?e executed ~and . -
delivered to secure rnoneys a~vanced or to he advanced In .
accor~anr.e with x Construction Loan Agreement ^t even data -
herewilh betweenthemortgagorandmort8ogee.whichConstruction ~
L~an Agreement is incorporated hEreln by reference. Fai~ure by th~ - ~
~ n~ortgagortoca'rryon~rcomplete the cunstsuction of impro~emenis - •
in accordance wiih such ~o~struction loan Agre~ment e~ anyother ~
da;auft by tha mor;gagor un~er si~cn Conslructioa Lo~nAgreerr.ent ~
~ shall constituta a d:(allt ur.d::r this mortg~ g~ and th~ hoider cf i'~e -
noie may at its eptl.~n caus^ ths enGra i,deb::dn~ss secured by -
this mo~t~ag: t~ bscama ir.~n,diat•ly d:e and p:,y.cble.
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D4LUMENTARY .,.-,.~-~~T~~~=---
~'z ~o t~EQi_
i~c kzVENUE ~ 't ~ 4 P~~~a~~~O R~'ES~ ~.u~' .
- ~ 4. 5 5 ~ c~~
~c ~ - P ° SE?-3'82~.d."~~;~-.~~' ~ ~cG -
n Q, c. . `y~..
' ;St^?
- which has the address of. . XXX. A:i~X:$~~~,~~ .$t~~~~~. .P.OX.~ . 5~., ~,.tiC3-~` . F.Ir.•..33~k52..
~ [Sf rsvtl [Cit~rl
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "F'roperty Address");
(St~te aad Zip Code) . - . .
Toc~rttER with all ihe improv~ments now or hereafter erected on the pro~rty, and all easements, rights, _
appurtenanccs, rents, royalties, mineral, oil and gas r~ghts and profits, wate~, water rights, and ~vatcr sta:k, and all -
fixtures now or hercafter attac,hed to ihe property, all of which, including replacemenf~s and additions thereto, shall b~ -
~ dcemed to t*r and remain a gart of the property covered by this Mortgage; and all of thc foregaing, together with said
_ property (or the lea.seh~ld estate if this Mortgage is on a leaschold) are herein referred to as_the "Propeny".
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Borrower covenant~ that Bonower is iawfully scised of the estate hereby conveyi:d and has the right to mortgage, ~
. grant and convey the Property, that the Pr~perty is uneucumbered, and that Borrower will warrant and defend -
generally the title to the Property against al! claims and demands, subject to any declarations, easemcnts or restrictions
. liste~ in a scheduie of exceptions to coverage m any t~tle ~nsurance pulicy insunng Lender's interest in the Property.
FLORtDA--1 to 4 Fa~ilr-6/75--FNMA/FNLAiC ttMIFORM IIf3T'RW~iEhT g,~ g~ri ~,,,d
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. . ~ ~ Bt~t~ JOe~. FaGE