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HomeMy WebLinkAbout1705 i UTS # 89-9337 10225I1 i CF5 # U111114-1 , • ~ ~ rHIS lS A DALLOUN MORTGAGE AND THE F1NAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE ~ DUE UPON MATURlTY IS ~4z323.50 , TOGETHER W1TH ACCRUED fNTEREST, IF ANY, AND ALL 1 ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE. ~},Is Instrumcnt was prepared by: Tammy Gindel ~ llnited Title Services uf WPB r,c-tt,^,LAS DIRON 1870 Forest Hill Blvd. #211 ~ ~ ~ ~ Lucie County j~T~• ~~Clerk~fCizc*aitCoart West Palm Beach FL 33406 lr f~'.~.`/~_By ' De~ ~ THIS 1S A SECOND MORTGAGE. ANY T~~' ~`~y~' ~ DEFAULT IN THE TERMS AND CON- DITIONS OF THE EXISTIiVG F1RS? MORTGAGE SHALL BE DEEMED A DEFAULT [N THE TERMS AND CONDI- TIONS OF THIS S~COND MORTGAGE. M013TGAGE THIS MORTGAGE is made this 26TH day of January , 19 9~ , between the Mortgagor, Virginia Poole Martin, a single woman (herein "Bocrower"), and the Mortgagee, CITICORP SAVINGS O~ FI.ORIDA. A FEDERAL SAVINGS AND LOAN ASSOCIA~ION, a corporation organiz¢d and existing under the laws of the United States whose address is 5802 Breckenridge Drive, Suite 200, Tampa, Flo~ida 33610 (herein "Lender"). WH~~?s. Borrower is indebted to Lender in the principal sum of U.S. S 63, 726.00 , which indebtedness is evidenced by Borrower's note dated Januarv 26, 1990 , and extensions and ;enewals thereof (herein "Note"), psoviding for monthly installm¢nts of principal and interest, with the bafance of the ~~debt¢dness, if not saon¢r paid, due and payable on January 28, 1995 : To SECt~tE to Lend¢r the repaym¢nt of the indebtedness evidenced by the Note, with interest thereon; the payment of all other sums, with interest hereon, advanced in accordance heTewith to protect the security of this Mortgage; and the performance of the covenants and agreements of Borrower herein contained, Borrower does hereby mortgage, grant ~ and convey to Lender the foilowing d¢scribed property located in the Counry of St. ~ucie State of Florida: ~ ~ The West 100 feet c~f the North One Half ( N 1/2 ) of the Northeast O~e 9~:arter ( NE 1/4 ) ~ uf the S~utheast One Quarter (SE 1/4) of the Northeast One 9uarier (NE 1/4) of Sectiun ~ 24, Tuw%?ship 35 Sauth, Range 39 East, lying an~ being in St. Lucie County, Florida, t less the North 20 feet fur road right of way. ~ ST~`aTE ~F Fi_OR~G ~ ~ . ' _ DOC~MEN'teRY.r::= : STAMP_ TAX. ( ~ cl' ~ e-E~t. OF REYEHI~E , -4 - ~ ~ =9~.r~i ~ _ , - ~E - ,,u~a~•9e ~ • - ~ `==-y--- - - ~ ~ ~ € which has the address of 5898 ~edder Road Ft. Pierce ~ (Streeq f City) ~ Fiorida 34947 (herein "Property Address"); ~ (Zip Code) ~ = ToGEittER with all the improvemenLs now or hereaker erected on th¢ property, and a!1 easements, rights, app;:-- tenances and rents, all of which shall be de¢med to be and remain a part of the property covered by this Mortgage: anu ail of the foregoing, together with said property (or the laasehold estat¢ if this Mortgage is on a leasehold) are hereinafter = refeir¢d to as the "Property." Th¢ Mortgagee is h¢reby expressly authorized at tha option of thQ Mortgage¢ to advance all sums necessary to keep the first Mortgage in good standing and all sums so advanced shall be subject to the provisions of Uniform Covenant 7 of thu Mortgage. The Mcrtgagor agrees that the Mortgagor shall not make any agreement with the holder of the First ~ Mortgage which shall in any way modify, chang¢, alter or extend any of th¢ terms or conditions of the First Mo~tgage, nor ~ shall the Mortgagor request or accept any future advances under such Fint Mortgage without the express written consent ~ of the Mo~tgage¢. A ~ Bonow¢r covenants that Borrower is lawfuily seised of the estate h¢reby conveyed and has the right to mortgage. ~ grant and convey the PTOperty, and that the Property is unencumb¢red, except for encumb~ances of record. Bo;rower ~ cov¢nants that BoROwer warrants and w'dl defend generally the tltle to the Property against all claims and derrtands, sub- ~ ;ect to encumbranc¢s of reco~d. ~ CS•SM-tt (REV. Bi891 Page One o~ Four ° ~ 675 PacE17G~ 60uK - ~ x,~~.. ~ - ~