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HomeMy WebLinkAbout0936 •1l~~ 1 . ~3 ~1~~~1 MORTGA~E THIS 1~tUR7tiAGE is inade this . . . . . . . . . . . . ~ ~ . . . . . . . . . . . . . dAy of . . . ~vl~~. . . . . . . . . . . - - - . r 19 . . , betwcrn the Mortgugor, . . . I~~UR~1~1. R,. .B~Ild: .~.D. T1... .~~$rl~ . }16F • }lUSbBI'bd • • - ~ ~ ~ ~ ~ - ~ - ~ ~ ~ ~ - . - - . . • . • . • . . . . . . . . . . . . . . . t herein "I3orrowc~r" ~ , znd the Mortgagee, Indian River Fecieml Suvings 8~ I.c~an Association, a cor~wration organizecl and existing under the IaN~ of United Statc~ O~ A111C'f1~i, whose address is Vero Beach, Florida + herein "Lender" Wt1~REAS, Borrower is indebtrd to Lrnder in the prin~ipal sum of F.IF. T. X...O.N. E. . T N_0. U. S~ A N D Q. H.~. ..N. U N.I?.R.~. A.~ .NO%10U-------. Dollars, w~hich indebtedness is cvidenced by Borro~ver's notc dated . . . . . . . . . . . . . . . . . . . . . . . . . . . (hemin "N~~tc"), pmviding for monthl~• insta!lments uf principa! and interest, with the balance of the indebtednc~.s, if nut scx~nir paid, due and payable on. AU~guSt. l,. ZQQ3 To SecuttE io Lender (a) the repayment of the indrbtrdness ~videnc~d by the Note, witi~ interest ther~on, the ' payment of all other sums, with interest thereon, advanced in accordance herewith to proiect the s~curity of this Mortgage, and the perfortnancc of t6e covcnants and agrecments of Borrow~r herein contained, and (b) the repayment of any future advances, with interest thercon, made to Borrower h}~ Lender pnrsuant to paragraph 21 hereof ( hercin - "Future Advances"), Borrower does hereb~~ ntortgage, grant and com~e~• to Lendcr the following described propert}~ located in the County of. . . . ~t•. .I~UG1C . . . . . . . . . . . . . . . . . . . . . . . . . State of Florida: Condaminiwn Parcel No. 2338 of CAT~ I, according to the Declaration of Condominiwn thereof, recorded in Official Records Book 280, pages 1919 through ~ 1986 of the Public Records of St. Iucie County, Florida. 'I~"It-~.R WI1H a21 of its ~ppurtenances according to the Declaration. SUBJECT, hawever, to all of the provisions of the Declaration of CondominiuQn and ~he mortgagors assiane and agree to observe and perforni their obligation imder the Declaration of Condomiuuun, including ~ut not limited to the payment of assessments for the maintenance and operation of the apartment and condaniniuon. The m4rtgagor covenants that it and the Association responsible for the Declaration of Condonainiian, CATAMARtW I, Cor~miniun Apartments, a Condominiun, will observe all the provisions of the Declaration of Condominii.m dated the lSth day of April, 1977, and recorded January 19, 1978 in OR book 28Q, pages 1919 through 1986 of the Public Records of St. Lucie County, Florida; arul of the Condo~niniun ACf and will perforni 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 mortgagee to the mortgagor and the Association shall constitute a default under this mortgage. ` ' i - Y r~ f , ~ - i - - r.'- t~ ~_Y ~ ' . ' - ' ~ l~iy~d ~.L~.~.••~~ . . _ , ti • ` ~ 1~ ~M Of Tai~ . _ - . ~ + ~ 7 6. ~ `.1 ~ Du~ On Clbs "C' ~ Pr~l~Y+ap~t~l, - . . Pursusnt To Chapter 71, 134. Aeb 01 tl71. < - - = - - - - ' ROGER PORRAS CMrfc GrcWt C°urt. S~. Luci~ Ca. F1~. Tax I.D. 2507-706-0061-000/4 . which has che address of.~it #2338t Catamaranr 24Q0 S. Ocean Drive~ Fort Pierce, Fla. 33450 . . , ~streetl ~c~tyl . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Property Address"); [su:e s?~d z~P code~ T(KiETHER Wlill aII tt1C improvcmcnts now on c~reaitcr erccted on the property, and all casements, right~, a~purtenanccs, rents, royalties, mineral, oil and gas rig6ts and profits, water, water rights, and watrr stock, and all fixtures now or ftereafter attached to the property, all of which, including replacements and additions thereto, sha!! tx ~ dcemcd to bc and remain a part of the property covered by thic Mortgage; and al! of thc foregoing, tog~ther with said property (or the leasehold cstate if this Mortgage is on a leaschold) are herein rcferrcd to as the "Property". Borrowcr covenants that B~rrower is lawfully seised of the cstate hcreby comcyed and has the right to mortgage, grant and comey the Propeny, that the Propcrty is uncncumbcred, and that Borrowcr will warrant and defcnd ~ generall~• the title to, the Property against all claims and demanJs, subject to any declarations, rasements or restrictions listed in a schedule of excepiions ta coverage in any title insurance poliry insuring Lender's interest in the Property. , fLORIDA-~ to 4 fam~ly-6/TS-iNMAlFBtMC UNIFORM IKSTRUMENT (t ~p~ • 76 ~SP aJGll~9~ FACF ~ ` : . _ t:_- _ - . - ~ _r ; .1< T ~ q_ ~ r ~ Y ~ ~~F-^i+` 3 ~ ~ ~ ~;~~s~-~~ . . . w. ~ ~..~x