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~:A7ri+'Vf~+~ THIS INSTRUMENT IfrASPREPARED BY_
CITIZENS iEOERAL SAVINGL ANO LOAN
ASfOC1AT10N OF 47, LUCIE COUNTY
100 S. FEDERAL NIGNWAY, FT. ?IERCE, FLORIDA
~ C. R. MCOONALO, JR., GENERAL COUNSEL
. MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this 12th day of January ,
19~~,betweentheMortgagor, Michael J' Brown and Mary Ann Brown. his wife
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS -AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organized and existing under the laws of the United States of America, whose address is 1600 South Fed-
eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of Forty Thousand Four
Hundred and No/100----=---------------------------- Dollars, which indebtedness is evidenced
by Borrower's note dated January 12, 1979 (herein "Note"), providing for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay-
able on February 1 . 2009 -
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to
protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower
herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto;
and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant to paragraph 21 hereof or incorporated by reference hereinto (herein "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:
Condominium Parcel No. 1211 of Ocean Villas III, according to the Declaration of
Condominium thereof, dated April 13, 1977 and filed for recording November 29, -
1977 in Official records Book 277, Pages 2686 through 2750 of the public records
of St. Lucie County, Florida. -
Together with all of the appurtenances to such apartment, all alliances located
therein, the air conditioning unit serving said apartment and all fixtures and
appliances located therein.
The mortgagor covenants that it and the association responsible for the operation
of this condominium will observe all of the provisions of the Declaration of
Condominium which is above described, and of the Condominium Act, and will perform
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 rtl~rtgagor
and the association shall constitute a default under this mortgage.
W
i -
~ In Payment Of Tares
Received S
s Due Ur. Class "C" InlangiblePersonalPropsrty.
nt To Cf~apter 71, 134. A~1s ~ 1971. ~ T,
+ ~ = - ~ r-* : -
I Purse o Q~~ ' M c N? to R~ - c _l,. ~
ROGER PORRAS /J ~ ~ : - ~ r ; ti : - - - - - ~ ~
~ Clerk Circuit Court. SL Lucia. - _ _ , ~ ~ 0, s
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s
which has the address of Ocean V i 11 as III , ~l121 1 - Fort• -Pierce, -
F 1 or i da 33450 : - tSTREET) (CITY)
(herein "Property Addresal');-'~
~ TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
ments, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and -
water stock, and all fixtures now or hereafter attached to the property, all of which, including replacements
and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage;
f and all the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease-
; hold) are herein referred to as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will -
warrant and defend generally the title to the Property against all claims and demands, subject to any declar-
~ ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
insuring Lender's interest in the Property.
~ -
FLORIDA -SHORT FORM - 1 to 1 FJwnlly - 9116 - FHLMC UNIFORM INSTRUMENT O R ~
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