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Thia instrument was prepared by:
GiMdaN F~tl Bank
CL~.F ~ B~~IM~rsn 301 E~st Las Olas Bw~Nvsrd
Fort Lwd~tdal~, Florida 33301
HOMEMADE LOAI~ MORTGA~E
THIS MORTGAGE ("Seauity InstrumenY') is dated ~ . ~,.~1,9 . The moRgagor
i9: ~ ii. TEF~; f=~i~C~RE i=if•lI:~ h1raF l'' F' lQf~: t, f-~ l-~ ~'t_ ~
("Borrower").
T h i s Security Insirument is given to Glendale Fedaral Bank, Federal Savings Bank, which is organized and existing under the laws of the United States of
America, and whose address is 301 East Las Olas Boulevard, Fort Lauderdele, Florida 3.3301 ("Lender"). Borrower owes Lender the principal sum of
Twe~•t~,' Eiqr~t T;~a+_i~.~r~r T~•io Hu~~ured Tt~~ii-t~ Tf~~-e~ a~:d 92,'1~=;i~'~; Dollars
' +U.S. S 8. ~ 3`~ . 7c j. This debt is evidenced by Borrowera Homemade Loan Note
a^~!DisclosureStatement("Note"),datedthesamedateesthisSecuritylnstrument.requiringmonthlypayments,withthefulldebt,'rfnotpaidearlier,due -
and payeble on 7~~, j~ia l?;~ ~~r~>~ .Thia Security Instr~nent secures to Lender the
rep~yment of the debt evidenced by the Note, with interest, and all renewals, extensions, and modifications; the payment of all other sums, with interest.
advanced in eccordance herewith to protect the security of this Securirj Instnment; and the performance of Borro+var's covenants and agreements under
this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to Lender the following described property
~ocated inS"r ~t I~~; F E County, Florida:
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~ ,rrh~chhsstheaddressof c_'~~-~ 5s- "'E i I. t_i~i i='CiF~~T ~ rt F- z-~ . ~
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~ TOGETHER WITH all the improvements ~ow or hereafter erected on theproperty, all easements, rights, appurtenances, rents, royalties, water rights ~
~ a n d ail f ixtures now or heresfter a part of the property. All replacements and additions shail also De covered by this Security instrument. All of the foregoing
~ ~s reterred to in this Securiry Instrument as the "Property:'
Borrower covenants tt?at Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgaga, grant and convey the Property and
' ~hat the Property is unencumberad, except tor encumbrances of record. Borrower warrants and will deferxi generally the title to the Property egainst all i
F cizims and demands, subject to any encumbrances of record.
COYENANTS. borrower and Lender covenant and agree as follows:
~
~ 1. Paym~nt of PrY~clpa! a~d Inttrtsf. Borrower shatl promptly pay when due the princ~pal and int~rest on the debt evidenced by the Note, together with
:
~ any late charges and othsr charges as provided in the Note and this Security Agreement. i
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2. App{katlon o1 Pa~unb. Unless epplicable lew requires otherwise, all payments received by Lender under paragraph 1 shall be applied first to
~ interest payable on the Note, then to other charges payable undQr the tJote and this Sacurity Instrument, and then to the principal of the Note.
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