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MORTGAGE
THI3 MURTGAGE is made this . . . . . . .9th . . . . . . . . . . . . . ..day ot . . . .~?t~1ber. . . . . . . .
19. between the Mortgagor~ . .M1.•. .I~WARD.MAC. IVOR .Sl~d. E'.LEA1~l0R• IG.• ~NAG •IVOI~~ •h~S Wif@ . . . .
(l~erein "Borrower"). and the Mortgagee, Indian R~ver Federat
Savings & Lo~an Association~ a corporation organized and e~cisting under .the laws of United Statea of America.
whase address is Vero B~ach, Florida (t~erein "Lender").
WHEREAS, Bornower is indebted to Lender in the principat sum of . . .~y. ~ ~ • • • • • • • •
~ED. atid. ~U/.10~ • !1` ~
~ ~?i ~s 7 7 r ~ rr.~.~ ~ . . . . . . . Dollars. which indebtedness is evide~ued by Borrower's
note dated. ..$~t~~ .~s .~977. •••.(herein "Note"), providing for monthly installments of principat and
- enterat, with tbe balana of the indebted~ess, if not sooner paid, due and payable on. P.~~r. l,. ~Qa2.
To SECVU~ to Lender (a) the repayment of the indebtedness evidenced by the Note, vrith interest thereoa, thc
payment of ali other sums, with interest thereon, advanced in arcordance herewith to protect the security of this
Mortgage, a~d the pecformance of the covenants and agrcements of Borrowcr herein contained, and (b) the repayment
of any foture actvances. with irttere~st ther~eon, made to Horrower by I,.ender pursuant to pan~graph 21 hereof (hecein
"Future Advancat"), Bomower dces 6ereby mortgage, grant and convey to Lender the foAowing described properiy
located in the Connty of. . . ..St.. LitiCie . . . . . . . . . . . . . . . . State of Florida:
~ Candaminium Unit E in Building No. 21S in the HIQ~i POINf OF PORT- PiERCE, .
~ j A Co~idaminiu~t, acco~c~ding to the D~claration of Ce~d~aminiwn dated the
lst. day of August, 1974 and reu~rded err August 13, 1974, in Official
~j3 Records Book 230, page 2201 throi~gh 228S, inclusive of Public Reoords
of St. Lucie Ca~ty, Florida.
'1~0~R WI'IH all of its appurten~nces according to the Declaration.
" SUBJECf, how~ver, - to all of the provisians of the Declaratian of
t° Go~nini~ and the m4rtgagors assu~ae and agree to observ~e and perform
the~r obligatio~n imder the Declaratian of CaAndaminiLm including but not
limited to the payment of assessments for the maintenance and operatia~
of the apart~aent and cm~oa~ini~.
itr
1he mortgagor covenants that it and the Association responsible fo~ _the
;~i~: Declaratiaan of Ca~daniniun, HIQi POINf QF PORT PIER(~, Gandominiimm Associatio~
. ;
• 1' Sectiaa~ Ot~e, Inc. , Candominiua Ap~artinents, a C~ar~daninitiun, ~ill observe all the
provisions of the Declaration of Cwldamini~? dated the 1st. day of ~lu,gust,
~ N
~;~Q'f ~ 1974 and rec,orded a~ August 13, 1974 in Official Reoords Book 230, page 2201
~}-~is ~ through 2285, inclusiv~e of Pt~lic_Records of St. I~ucie Camty, Fiorida; a~ui of the
~ti~ Caaidominiu~ A~ct~ and will perform their obligatians uider such Declaration a~d ~ct;
a ~ ~d a fai2ure to do so which " is not cured within 30 days after aotice given by the
! ~ i~ mortgagee to the m~rtgagor and the Association shall canstitute a default ~mder
j this mortgage.
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f' :~:.;t ~VCIE OpE 011 ii.'L~Sf ~ITAIIQsoLE''cItSONAt ~p~jY~
j ~~uMir SON
~ PU~SUANT TO CNAPTFit 7t-~:~ ACT! OF 1l11.
~ ROafR r01TAAS ~~'j
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~ which has the address of . . . . Z1.5 .B . Maz~axee t~ ~ • ~or•~ • Pier~e, •Flarid$• • 33450 . . . . . . . . . . . . . ,
k [C~bl. .
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Property Address"), , -
[stsa ,na z~ coa~)
To~E'rHER with all tha-improvements now or hereafter erected on ihe property. and all easements, tights,
appurtenances, nnts, royalties, miaeral, oil and gas rights and profits, water, water rights, and water stock, and all
fi~ctures now or Leeeafter attachod to tbe pro~erty, all of which, including replacements and additions thereto, shall be
dcemed to be arxt remain a p~rt of the property covered by this Mortgage; and all of the foregoing, together with said
~ propert~r (or tbe Ieasehold eatate if this Mortgage is on a leaschold) are herein referred to as the "Properiy".
~
~
~ Borrower covenaata that Bomower is lawfully seised of tt~e estate henby conveyed and has tbe right to mortgage,
grant aad convey the Propecty, that the Property is unencumbered, and that Borrower will warrant and defend
~ generally the titie to thc Propcrty apunst aff ctaims and demands, subject to any declarations, easements or restrictions
, listed in a schedule of exceptions to coverage in aay dde insurance policy insuring Lender
s interest in the Property.
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