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4U~ ~ T6is iastrument was pnpared by:
Th~s Inst~ument Preparcd By:
J ~N C. HALL
MORTGAGE ~h~r`'~`' j~t`~ ~ornpany
1:.~'U E t t.r;Et.~ AV_t~UE
. r: ~Ard., F10~ : 3~131
PURSUAt~T TO TNE !5_UANCE OF A
TITLE INSURANCE COt.1l.SITMENT
TH1S MORTGAGE is made this . 17TH day of APRIL . 19 78
between the Mortgagor. DONALI~ E. GARR AND ELIZAFETH M. GARR, HIS WIFE
(herein "Borrower"), and the Mortgagee,
HOUSING INVESTMENT CORPORATION OF FLORIDA
, a corporation organized and
eaisting under the laws of STA7E OF FLORIDA
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whose address is 1110 RRICKELL AVEt~UE, MIA~fI, FLORIDA 33131
(herein "Lender"1.
WNERHAS, Bonower is indebted to L.ender in the princip:.: ~a::n of FORTY TWO THOUSANII FOUR
HUNLIRED A~lP 00/100- - - - - - - - - - - - - - - - - - - - - - - Dollars,
which indebtedness is evidenced by Borrower's note dated A P R I L 2?, i Q7~?
~(herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness,
if not sooner paid, due and payabte on ~iAY 1, . 2 0 0 7 ; ~
To SECURE to I.ender (a) the repayment of the indebtedness evidenccd by the Notc, with intcrest thereon, the
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this
Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment
of any future advances, with interest thereon. made to Borrower by Lendcr pursuant to paragraph 21 hereof (hercin
"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property
located in the County of ST . LUCIE , State of Florida:
UNIT 5-J PUILIIING 5 IN VILLA DEL SOL, INC., A CONLIOMINIUM, THE
11ECLARATION OF WHICH WAS FILEI~ JANUARY 23, 1970, UNDER CLERK'S
FILE N0. 188796 AND IN OFFICIAL RECORDS BOOK 182, PAGE 1323 OF
THE PUBLIC RECORDS OF ST. LUCIE COUNTY. FLORInA, TOGETHER WITH
AN UNDIVIpED INTEREST IN THE COMMON ELE~iENTS APPURTENANT THERETO
AS SET FORTH IN SAIP PECLARATION. _
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RII~ER ATTACHEU HERETO ANI~ MADE A PART THEREOF.
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~ " which has the address of ROUTE 2, HIGHWAY A1A JENSEN~ BEACH
- [streeq [c~tyl
FLORII~A 33457 (herein "Property Address");
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TocETKEtt with all the improvements now or hereaftcr erected on the property, and all casements, rights.
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appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and watrr stock, and all
fiatures now or hereafter attached to the property, all of which, including rcplacemcnts and aJditions thereto, shall be
' dcemed to be and remain a part of the property covered by this Mortgage; and a!1 of the foregoing, togcther with said
- property (or the leasehold estate if this Mortgagc is on a leasehold ) are hrrein referred to as the "Propeny".
Borrower covenants that Borrower is lawfully seised of the cstate hereby conveyed and has the right to mortgage,
r' grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend
~ generally the tide to the Property against all claims and demands, subject to any declarations, rasemcnts or restrictions
listed in a sct~dule of eaceptions to coverage in any title insurance policy insuring Lender's intercst in the Propert~~.
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FLORIDA-i to 4 F~ily-bllS--FNMAlFNLMC UNtFORM tNST~UMENT a0~ • _
VMP ~ e COMSOLIDAT[O •USIM[SS fOAMS. ~MC.
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