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DUCUMENTARY - ~
~ DEPT. Uf ~ itEVENUE r1~ Tl~ii~L~Nµlent was prepared by: ;
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THIS MORTGAGE is made this 11 - day of _Apr i 1 ~ g 74 ~ ~
behvicen the Martgagor, __~T~?N GOLDBERGSR and_FRIHDA_GOLDBBRGffit,his wife ~
- - - - - (herein "Borrower").
and the ~~iortgagee, Indian River Federal Savings and Loan Associatian, a corporation organized
and existing under the la~~•s ~f the United States of Am^rica, ~vhose address is Vero Beach, Florida
! herein "I.endcr" ) .
~~HF.REAS~ Borrower is indebted to Lencier iri tl~e principnl smn of FOURTBEN 1ii0USAND ANU
NO/1QQ----------.-.--------~ollars, w~hicl~ indeUted~ie~s i~ e~•id~nec~ci b~- Rorro~~r'~ uot~ ~?S r~~e~i
date herc~witl~ (herein "Note"), pro~~idin~ tor monthl~• instfliluu~nt, of prin~ipal :uxl intc~r~~~t. ~citli
tUe bt~lance af tLe indebtednrss, if not sauuer paid, due und ~?avable un ~y 1, 1999 ,
To St:cirHF to Lender (a) the repa~~ment of th~ indehtechic~~ti e~•icl~~nc~~ci h~- the \'ot~~, ~~•itl~ i»t~r~~~1
thereo~i, the pn~ment of all other sums, with interest thereon, :td~•.uict~d in iiccordtinc•e h~~reW'itl~ tu
prot~ct tl~e security of tl~is '~iort~a~e, and tl~e ~~ei•form~ince oY the com•~nzu~t. ~ind a,~reui~~ut~ ~?1'
Borro~rer l~erein contained, uucl (h) the repa}•ment of :un= futur~~ i?cl~:m~c~•, ~~•itl~ int~~~~~~`t th~~rc~rn~,
n~ade to Borrower b~ Lender pursuant to ~~ilra~rtipl~ `~l h~~rcof (Lereiii ."Futur~, A~l~•:uu•~•~"),
Borro~~er does liereb~• mort~~i~;c. ~r~nt 1~u~1 ~~on~-e~~ to Lc~n~lc~r th~~ follo~~•iu~; ~l~~criLc~ii ~~rv~l~ert~-
located in the County of ST. LUCIE _ , Stfite ot N`lorictri :
Apartment No. V(105) COLONNADES COND(kSINIUM N0. 8, a Candominium according
- to the Declaration of Condamini~ recorded in Official Record Book 223, Page
793 of the Public Records of St. Lucie County, Florida.
TOGETHER with all appurtenances thereto, together with an undivided interest
in common elements and limited common ele~ents thereof. ;
SUBJEGT however to all of the provisions of the Declaration of Condaminium, ,
and the Mortgagors assume and agree to observe and perform their obligation ~
under the Declaration:af Condominium including but not limited to the payment
of assessments fo"r--tlie maintenace and operation of the apartments and condo-
minium.
The mortgagor covenants that it and the Association responsible for the Dec-
laration of Condosninimn of Colonnades Condominium No. 8, will- observe all of
4 the provisions of the Decl~ration which is recorded in Official Record Book :
f 223, page 793 Public Records of St.Lucie County, Florida, and of the Condamin-
~ i~mm Act, and will perform their obligations under such Declaration and Act; and
! a failure to do so which is not cured within 30 days after notice given by the
E mortgagee to the mortgagor and the Association shall canstitute a default under
this mortgage.
G
~ iN PIlYME11T OF TAXES
Rff~ENED
DUE ON GJ?SS 'C' INTANGIBIE PEaS~~ P~R~'
. pU~lliT TO CW~T~R 71-134. ll~iS OF 18)1.
; i ppGER POITRJIS
~c ~?acu~ oou~r? sr. ~ ca.~~~
~
T~x;eTxFf; t~•ith <<li tl~e imp~•o~•c•I11CIltF ll0\C 41' IICPeafter ere~eted mi tiic~ prope~•t}-, ~u~d all e~ise~nents,
rights, .i~jlUl'tCI1Ti1(f'S~ rent~, roraltie~, n~in~rxl, oil ancl ri~;hts :uui ~?r~fit~, ~~-ater, ~raiter ri~hts,
.iud ti~~ater stoc•k, ~nd s~ll fi~tures i~o~~ or i~ereafter ~ttache~l to the propert~-, all of ~~•hicl~, includin~;
replsic•eu:c:nt~ ~nd ~iclditions thereto, ~hall be deemed to be and mm~~in .i part of the propert.~- eo~ered
b}- this ~iortga~e; .~nd ~11 of tl~e fore~oin~, to~~~ther ~rith s~id pmpert~• (or thc leasel~olcl ectate
in the cr~•ent thi~ ~tort~.iac~ is on le~asc~hold) ~ire herein rc~f~rred to a~ the "Propert~•".
~ Borrower covenants that Rorro«er is la«•fulh• seised ~f the estate hereb~• con~eyecl and h~~s the
~ ri~ht to mort~;agc~, ,rant and c•m»•e}- th~ Prop~rt~, th~t th~~ Propert~~ is tmencumbered, ancl that
i3orro«•er «-ill warrant nnd defencl ~enc~rall~' t~1P f1t~P t0 I~IP Pl'OpPTt}' .i~~1lI1St .ill claiin~ and demands,
5lly)]PCt t0 :111~• ease~nent~ ancl restrictions listecl in ~~hediile ~f exc~eptions to co~~er.ire in an~• tit.le
insurance polic~- insurin~ Lc+nd~r'S interest in th~ I'roperh-. .
-
~ LTNIFORAi COVF.I3ANTS. Borrower and T.ender c~venant ~n~l agree as follo~vs :
~ 1. Payment o! Principal and Interest. Borrower ~hall ~~rompti~ nay when dz~e the principal of and interest ~
~ ' on the indebtedness evidenced by the 1\'ote, prepayment and late charges as provided in the Note, and the princi-
~ pal of and interest on any Future Advances securec! bv this ~iortgage.
2. Funds for Taoces aand Insur~ce. Subject to 1.ender'Q option under paragraphs 4 and 5 hereof, Borrower .
shall pay to I.ender on the day monthly installment~ of ~?rincipal und interest are payable under the Note, until
the Note is paid in full, a sum (herein "Funds"'t equal to one-twelfth of the yearly taxes and assessments which
may attain priority over this ~sortgage, and groun~i rents on thc Property, if any, plus one-twelfth of yearly pre-
mium installments for hazard insurance, plus one-hvelfth of yearl~ ~remium installments for mortgage insurance,
~3 if any, aU as reasonably estimateci initially and irom time to timc by t.ender on the basis of assessments and bills
and reasonable estimates t,hereof. The Fund~ chall 1?c held in an institi~tion the deposits or accounts of which are -
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r~.ox~A-~~~z,~~-~ to ~ F~, aoac~s F~ff t~$
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