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CiTr '3ANK BUILOIN,r,a
, Q200 NOR7HWEST 1Gth STREET i
MORTGAGE LAUGERHILL. FLORIDA 33313 ~
~
TIIIS \iOR'PG~(~F is ~nade this ~d _day of . ~~h , 19 ?4 , ~
l~etwec~n the Mortg:igor, AIDYSIt~S W. IIANA and G~1AIaAL~EM.A._ DANA~--h1s. wife
he e' `Borrower")
~ - - . . . . - ~ r ?n ` •
t~n~l th~~ '~iortgages, . _ . CITY BANK _OF I~AUL~RHILL _ . _ , a corporat.ion ~
organized and existin~g unde~• the laws of the state of Flrorida , whosc~ udclres~ ~
i, 1~200 N.N. 16th_ Stxeett I.auderhill~ Fl,orida (hercin "I.c~ul~r").
~VxBx~s, Borrower is indebted to Lender in the principal sum of ~~Y S~ T~~~d Seven ~
Hundred snd NOf
100 ---DoUr~rs, which indebtedness is evidenceci b~~ Borrow~r'ti notc~ of e~~~u ~
~l:~tc herr~vitL (herein "I~TOte"), pcovidin~ for monthh• installments of principal and int~~r~~~t, with F
tL~~ balance of the indebted~i~ss, if not soaner ~t?id, due and payable on AP~~ 1~ : `
TO SF.CL!RF. t0 I.ender (n) the ~~epayment of the indebtedness evideuced by ~he Notr, ~vitl~ int~r~~~t
thereon, the pavment of all other sums, with interest thereon, advnnced in accordnuc~ here~ itL to
protect the security of this Mort~age, and thc performance of the convenants ~u~d a~reen~~~nt~ o~
Borrov?er lierein contained, iind (b) the repa~nnent of a~m• fuh~re ad~•auices, with i~iter~,t thc~r~on,
u~ade to Borrower b~ Lender pursuant to pararraph 21 hereof (l~erein "Futurc~ Ad~•:mc~~~"),
Borrowei• does hereb~• ~nortra~e, grant and convey to i.ender the follu~~•ind d~scrihc~~l ~?ro~~E~rt~
locuted in the Comit~ of St• Lucie , Stt~te of I+'luri~lu :
Unit No. A-3 of ?~A ~1TR~'?I~A IIEL MAR~ a Condominium~
according to the Declarati~on thereof* recorded in
Official 8ecords Book 220~ Page 17t~7~ and according
to the Amenciment thereof~ recorded in Official Records
Book 2?~0~ Page 2192~ all of the Public Records of
St. Lucie Courity~ Fl~orida?.
¢ ~ ~TATE ~F F.LOAI?~ ~
oz DOCUMENTARY~=.z~ STAMP ±A? ~ U
A~l
Z^ DEPL OF R.EYENUf ,
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~ Ta.ETHEf: ith all the improv~n~ents noH• or l~erexfter erected on the propert.y, and all easements,
rights, appurtenances, rents, ro~~alties, mineral, oil and ~zs ri~hts Hnd profits, Kater, «~ter ri;hts, :
.~nd water stock, and all fixtures now or hereafter attached to the property, all of ~vhicl~, includin~
replacen~ents and additions thereto, sl~all be deemed to be and remain a part of the propert}- covered }
b}~ thi~ ltortrage; and all of the foreaoing, to~ether with said property (or the leasehold est~te '
in the e~~ent thi~ .liortnaae is on leasehold) are herein referred to as~the "Propert}•". `
Borrower covenants that Borrower is lawfnll~ seised of the estate hereby conveyed and l~:~s the
rigl~t to n~ortgage, ~rant ancl con~er the Property, th~~t the Propert~* is unencumbered, ancl that
Borro~ver will warrant and defend renerally the title to the Property a~ainst all elaims and demands,
~ubject to an} easements and restrictions listed in a sehedule of exceptions to coverage in an}- title {
~ insurance polic~• insurin~ Lender's interest in the Property. {
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~ UNiFORM COVENANTS. BOTtOW@1• and I.endei• covenant and agree as follows:
~ 1. Paymant o! Principal cmd Interest. Borrower shall promptly pay when due the principal of and interest
on ihe indebtedness evidenced by the Note, prepavment and late charges as providecl in the Note, and the princi-
~ pal ot and interest on any Future Advances secured by this Mortgage. =
~ 2 Fuads for Tmces amd Ins~mnee. Subject to I.ender's option under paragraphs 4 and 5 hereof, Borrower a
~ shall pay to Lender on the day monthly installments of principal and intereet sre payeble under the Note, until
~ the Note is paid in full, a sum (herein "Funds") equal to one-twelfth of the yesrly tsxes and assessments which
may attain priority over this Mortgage, and ground rents on thc Property, if any, plus one-twelfth of yearly pre-
mium installments for hazard insurance, plus one-twelfth of yearlp premium installments for mortgage insurance,
if any, all as reasonably estimated initially and from time to time by Lender on the bssis of ssseasments and biils
and reasonable estimates thereof. The Funds shall be held in an institution the deposits or accounts of which are
FLOAIDA-~-t2nt-~. ~0 4 Funty
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