HomeMy WebLinkAbout0551 Thi~ in~trumrnt a~ {~n~~,are~1 h~~:
4151Q1 11'. N.11'alkrr. Jr.. F.~~uire
Hla~•k~~~el1. ~1'~lker. (~ra~~. l'u~+e?~. Flicl.8 tluc~hi
l)ne ~?uthea.t Thi~Yl A~•cnur /
F11e Number: 11- 545/OAKLA ~liami, Fluri~ta .~11J1 D
~ MORTGAGE j
(SHORT FORM)
THIS MORTGAGE is msde this 2 3rd d~y ot AUgqst .19 7$ , between the Mort~or,
GERARD A SAGER+ NER HUSBAND and IRENE SAGER, HIS WIFE
and the Mortgag~ee, FIRST FEDEAAL SAVINGS AND LOAN AS.SOCIATION OF MIAMI, a rn ~~~~n "Borr+~wer"1,
rpontion organized and existing under
the 4viws o! Lhe United States of America, whose address is One Southeast Th~.d Aven~e Mia.++i FloridA 331311tierein "I.ender"1.
WHEREAS, Borrower is indebted to Lender in the priaci~.al sum ot S I X TY ONE THOUSAND
FIV~ H~Vt~i~ AND NO/100 DOLLARS . which indebtedness is evidenced by
Bon~ower no a 08r23~78 iherein "Note"1. pruviding tor monthly instailments ot principal snd
interest, with the bai~nce of the ~ndebtedness, it not sooner paid, due and payable on 1ST SEPTEMBER 20b7
TO SECURE to Lender lal the repayment of the indebtedness evidenced by the Note with interest thereon; Ib) the payment
ot all other sums, with interest thereon, ~vanced in aceordance herewith to protect the security oi the Mortgage; lct the periormance
of the coveaants and agreements of Borrowec herein contained; Id? the performance of lhe covenants and aRreements incorporated
6y reference hereinto; aad le) the rep~yment of aqy future advances, with interest thereon, made to Borrower by Lender pursuant to
paragraph 21 hereot or incorporated by re[erence hereinto (herein "Future Advances"1, Borrower dces hereby mortgage, grant and
oonvey to Lender the toibwing descn'bed prop rty tocsted in the Couaty of ST. LUCIE . State of Flor~id:
UNIT N0. 7~b+ A CON00~1INIUM IN ACCORDANCE WITH AND SUBJECT T4 THE CO-
VENANTS~ CONQITIONS~ RESTRICTIONS~ TER!!S AND 4THER PROVISIONS OF TNAT
"DECLARATION OF COND01'lINIUM FOR HUTCHINSON ISLAND CLUB~ A CONDOMINIUM"
RECORDED IN 0. R. BOOK 254~ PAGE 2128~ ET. SEe.+ PUBLIC RECORDS OF ST.
LUCIE COUNTY+ FLORIDA~ AND ALl AMENDMENtS THERETO~ INCIUDING AN UNDI-
VIDED INTEREST-IN THE COIIMON E~EMENTS OF SAID COND4MINIUM AS SET FORTH
IN SAID DECLARATION AS I~IDED.
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a~' Mo~Md 1n PsymsM Ot Taces
~ Ow On L'Ins "C' f~~ls Pe~aoe~l Prop~rty.
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which has the address of
20440 AZA~ UMIT 706
JENSEN BEACH~ FL4RIDA therein "Pmperty Addr~s,s~;
TOGETHER with all the improvements now or hereafter erected on the property, and all eisements, rights. s~purtenances.
rents. myalties. mineral. oil and gas rights and pmfits. water, water rights. and water stock. and all fixtures now or hereafier attached
to the property. all ot which. including replacements and additions thereto. shall be deemed to be and remain a~rt of the pmperty
oovered by this Mortgage; and all ot the foregoing, together with said pmperty tor the leasehold estate in the evenl t6is Mortgage is
on a lessehold) are herein referred to as the "Property«
Borrower covenants that Borrower is lawtuUy seised of the eslate hereby con~eyecf and has the riAht to mon~aRe, Rrant and
oonvey the Property. that thepraperty is unencumbered, and that Bomower wiU warrant and detend Qenerslly the tide to lhe Property
against ap claims and demands~ subject to ~ny declarations, easements or restriMions listed in a schedule of exceptions to eovera~e in
any tide insurance policy insurinR I.ender's interest in the Property. ~
s ~ PAGE 1 OF 2 PAQES d~01f ~ P~ ~1,
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FL.C~RIDA-Sfiort Form-1 to4 Family-9/76-FHLMC UMFORM INSTRUMENT
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