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Spacae Above This Line for Recarding Data
This instrument was prepared by:
Glend~le Federai Bank, F.S.B.
301 East Las Olas Boulevard
Fort Lauderdale, Florida 33301
NOMEOWNER'S RESERYE ACCOUNT 68600370b703
SECURITY iNSTRUMENT
NOTICE: THIS INSTRUMENT SECURES FUTURE ADVANCES PURSUANT TO
A REVOLVING LINE OF CREDIT LOAN AGREEMENT AND NOTE WHICH
CONTAIfV PROVISIONS ALLOWlNG FOR CNANGES IN THE !NTEREST RATE.
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?NIS Mortg2ge. Desd o! rrust. or S~curity Deed (th~ .~5..~..,a: "sty !.^.s:, ~r.:e^t") 6s y;•r3^ o^ J~
'ARY 2, 1990
?~~,e grantor/mortgagor is pASQUALE BRANCACCIO AND
ROSALIE A. BRANCACCIO, HIS WIFE ("Borrower").
?n;s Security Instrument is given to Glendale Federal Bank, Federal Savings Bank, whicn is organized and existing under the laws of the
' U n ~ted States of America, and whose address is 301 East Las Olas Boulevard, Fort Lauderdale, Florida 33301 (°Lender"). Borrowerowes Lender
the principal sum of FORTY THOUSANB---------------------00/100
Do~~ars (U.S. S 40, 000. 00 or so much thereof as may be advanced and outstanding, with interest thereon,
f pursuant to a revolving line of credit loan providing for obligatory future advances. This debt is evidenced by the Glendale Federal Bank
r ~!omeowner's Reserve Account Loan Agreement and Disclosure Statement ("AgreemenY') and by Borrower s Homeowner's Reserve Account
j Adjustable Rate Note ("Note"), both dated the same date as this Security Instrument. The term of this Security Instrument is indeterminate, but
! n i ess extended by mutual agreement, shall expire on January 1, 2060. This Security Instrument secures to Lender the repayment of the revolving
j ~ ne of credit debt evidenced by the Agreement and the Note, with interest, and all renewals, extensions, and modifications; the payment of all
~ other sums, with interest, advanced in accordance herewith to protect the security of this Security Instrument: and the performance of Borrower's
s ~ ovenants and agreements under this Security Instrument, the Agreement, and the Note. For this purpose, Borrower dces hereby mortgage,
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i :rant and convey to Lender the following described property located in the State of FLORIDA ,
::;cunty of ST. LUCIE .
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~ LOT 10, IN BLOCK 114, OF SOUTH PORT ST. LUCIE, UNIT NUMBER 4, ACCORDING
~ TO THE PLAT THEREOF, AS RECORDID IN PLAT BOOK 13 AT PAGE 11, OF THE
~ PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA.
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~ - a~CUMENTARY i..---, STA M~'_':4 X i I~I!'1~ j
~ ' i)tV; ~iF PEVFN~IE.':j") ~ ~
~ ~ - . p JAN30'90 ~t , ~ s~'" - ~ ~ 0 ~ TOE~ S 1S „ i/
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~ ~.*;~ch has an address of 2191 ABCOF ROAD
~ PORT ST LUCIE, FLORIDA 33452
~ TOGETHER WITH al! the im rovements now or hereafter erected on theproperty, and all easements, ri hts, a
~ P g ppurtenances, rents, royaliies,
~ ~~~~neral, oil and gas rights and profits, water rights ar.d stock and ail fixtures naw or hereafter a part of the property. All replacements and
fi ,dd~t~ons shall also be covered by th~s Security Instrument. All ot the foregoing is referred to in this Security lnstrument as the "Property."
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ORIGINAL AtID YELLOW - FY.; PINK - Cuqpnir
GF FL59620-A 1~9 (FCMT) g~K 6~5 PACE VV~ ~ GL~N]~1LE FEDE~~ Br4Rl9Ccse
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