#1863- Deed; CONSENT TO ANNEXATION Dollar Lake 59460 Hollywood

Home Browse Search

"ORK TITLE AND EMOW, UX. ^ P. 0..13OX 'IM0f_tga0e10;;,,0A -1 y634 �IRF'L 794728 4 9329907 This Morigage ("Security Instrument") Is given on JU.LY 23RD LARRY OVERHOLSER AND BRENDA S. OVERHOLSER, HUSBAND AND WIFE 1993 . The mortgagor is (Borrower). This Security Instrument is given to Standard Federal Bank, a Federal Savings Bank, which is organizers and existing under the laws of the United State of America, and whose address is 2600 West Big Beaver Road, Troy, Michigan 48084 ("Lender"). Borrower owes Lender the principal sum of --- --- - FIFTY FOUR THOUSAND SEVEN HUNDRED FIFTY -- - - -- - Dollars (U.S. $ - - - - 5 4 , 7 5 0 . 0 0). This debt is evidenced by Borrower's note dated the same dale as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on AUGUST 1 , 2023 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower'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 located In THE CITY OF SOUTH BEND ST JOSEPH County, Indiana: A TRACT OF LAND BOUNDED BY A LINE RUNIIING AS FOLLOWS: BEGINNING AT A POINT IN THE NORTHERLY LINE OF STATE HIGHWAY NURBER 23 (ALSO KNOWN AS LIBERTY HIGHWAY), WHICH POINT IS 834.2 FEET IORTHEAST OF THE POINT WHERE THE NORTHERLY LINE OF SAID HIGHWAY INTERSECTS THE WEST LINE OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 29, TOWNSHIP 37 NORTH, RANGE 2 EAST; FROM THENCE RUNNING NORTHEAST ALONG THE NORTHERLY LINE OF SAID HIGHWAY 122 FEET; THENCE NORTHWEST AT RIGHT ANGLES. TO SAID NORTHERLY LINE 300 FEET; THENCE SOUTHWEST PARALLEL WITH SAID NORTHERLY LINE 118 FEET TO THE EAST LIME OF FORTY FOOT ROAD; THENCE SOUTHEAST ALONG THE EAST LINE OF SAID ROAD TO THE PLACE OF BEGINNING, BEING LOPS HURBERED TWENTY-FOUR (24) AND TWENTY-FIVE (25) IF All UNRECORDED PLAT OF DOLLAR LAKE GARDENS, A SUBDIVISION Ill GREEIIE TOWHSH:IP, ST. JOSEPH COUNTY, INIIIANA.--___________________.------.----- SIDWELL NURBER: 051035044906 which has the address of 59460 HOLLYWOOD BOULEVARD (Street) �� ,, . rx L w n SOUTH Bt,ND (City) Indiana 4 6 6 14 ("Property Address"); (Zip Code) Together with all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the property. AN replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower Covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of retard. This Security Instrument combines uniform covenants for national use and non -uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Uniform Covenants. Borrower and Lender covenant and agree as follows: 1. Payment of Ptincipaf and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due [lie principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the !Vole. 2. Funds for Taxes and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ("Funds") for: (a) yearly taxes and assessments which may attain priority over this Security Instrument as a lien on the Property; (b) yearly leasehold payments or ground rents on the Properly, if any; (c) yearly hazard or property insurance premiums; (d) yearly Hood Insurance premiums, if any; (e) yearly mortgage insurance premiums, INDIANA—Single Family --Fannie Mae/Freddle Mae UNIFORM INSTRUMENT Form 3015 9/90