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. MORTGAGE .
TNIS I~'[ORTGAGH: iti made this . . . . . . . . . lSt . . . . . . duy ot . . /~U$l~St . . . . . . . . . . . . . . . . . ~ :
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i~ .7~.. betw~~n the Mort~aRor, . . . IRA.M.. .I.AIR AI~.E~IELYN. H. . LAIR,. his.w3,fe. . . . . - . - . - . . ~ . ~ ~ - ~ ;
. . . . . : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i herein "Bormw~er" ) , 'and the Mortgagee; Indiun River . Federal ~
Snvings & I.a~n As.~ociatiun, a corporatiun organizecl nnd exi.tinK under the laws of Unitecf States of An~erica,
whose address is Vero Lieach, Florida ~ hemin "Lendei -
WHEREAS, Borrower is indebted to Lender in the principal sum of. . . . . F .Q.R. Y . . . . . . . . . . . . . . . . . . . .
T H.O. U S A.N. D_ . artd I~/100--------. , Dollars, which indebtedness is cvidenccd by Borrower's
note dated_ . Ail$USt.1~. 1~7.8. ........(hercin "Note"), pmviding for monthiy installments uf principal anJ `
interest, with the balance of the indebtedncss, if nut soonrr paid, due and payable on AugLlst .1 2D03 ~
To SECUteE to Lender (a) the rcpayment of the indebte:lness cvidencrd by the Notc, with intcr~st themon, the
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the srcurity of 2his
Mortgage, and the performance of the covenants and agrecmcnts of Borrow~r herein contained, and (b) thc rcpaymcnt
of any future advances, with interest thercon, madc to Borrower by Lrnder pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower da.~s hereby mortgage, grant anJ com•ey to Lendcr the follow~ing described property
located in the County of . . . . . . St.. I.uCie. . . . . . . . . . . . . . . . . . . . , State of Florida:
,
Condominiun Parcel No. 2315 of CATAMARAN I, according to the Declaration of
Condominiun thereof, recorded in Official Records Book 280, pages 1919 through
1986 of the Public Rec~rds of St. Lucie County, Florida. <
~R WI1H all of its appurtenances according to the Declaration.
SUBJF.CT, however, to all of the provisions of the Declaration of Condotninitan and the
mortgagors asswne and agree to observe and perfonn their obligation i.mder the
Declaration of Condaninii.~n, including but not limited to the payment of assessments
for the maintenance and operation of the apartment and condaniniun.
The mortgagor covenants that it and the Association responsible for the Declaration
of Condorninium, CATAMAI2AN I, CondaniniLnn Apartments, a Condaniniun, will observe all
the provisions of the Declaration of Condo~niniuQn dated the 15th day of April, 1977,
and recorded Jani~ary 19, 1978 in OR Book 280, pages 1919 through 1986of the Public
i Records of St. Lucie Coi,mty, Florida; an~d o€ the Condomini~xn ACf and will perforn
` their obligatians imder such Declaration and Act.; ar~d a failure to do so which is not
cured within 30 days after notice given by the mortgagee to the m~rtgagor and the
~ Association shall constitute a default under this mortgage. ~
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j : - _ . _ . . " - - ro ~ _ - - 4 Medwd • In Arm.m of Ta~
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Pt~rsusnt Ta Chapt~r 71, 134. Aw Of fl71.
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s - - _ - - - - - ROGER POITRAS ~ ~ .
p~rk Gr~cuit Cot+rt. S't. ~.ud~. Ca. R~.
~ tax I.D. 2507-706-0038-000/4
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which has che address of. ..?400 South Ocean Drive, Catamaran 2315, Fort Pierce, Florida
. . -
~ [stnet) [c~ey]
< 33450
. . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Propert~~ Address");
[suce and zip coae)
TOGETHER Wi[h S~I t}1C improvcments now on c~reafter erccted on the pr~perty, and all easements, rights,
' appurtenances, rents, royalties, mineral, oit and gas rights and profits, water, water rights, and watcr stock, and all ~
~ fixtures now or hereafter attached to the property, all of which, including rcplacements and additions thereto, shall be
dcemed to be and remain-a part of the property covercd by thic Mortgage; and all_of the foregoing, together with said
pr~perty (or the leasehold estate if this Mortgage is on a leasehold ) are herein referrcd to as the "Property".
Borrower covenants that Borrower is lawfully seised of the rstate hereby conveyed and has. the right to mortgage, ~
_ grant and convey the Property, that the Pruperty is unencumtxxred, and that Bc~rrower will warrant and defenJ
generally the title to the Property against all claims and demands, subject to any declarations, rasements or re,etrictions
- listrd in a sehedule of exceptions to coverage in any title insurane~ policy insuring Lender's interest in the Properey.
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