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HomeMy WebLinkAbout0077 t 1 ~~:~~~y~ ~ ~ THIS INSTRUMENT N'AS PREPARED BY: C1T12ENi FEOERA{, SAVINGS ANO LOAN ASSOCIATION OF ET. LUCIE COUMTV . Ii00 f. FEOERAL NIGHWAY, FT. ~IERCE, FLORIQA C. R. MCOOHALD, JR., GENERAL COUNSEL ! MORTGAGE ~2203031~ (SHORT FORM) ~ THIS MORTGAGE is made this ~ 2 t h day of Ma rch , 19~2~betweentheMortgagor, A1 David Ba~bieri and Marvaret Barbieri. his wife ~ (herein "Bonower"), and the Mortgagee~ CITIZENS FEDERAL SAVINGS AND LOAN AS.SOCIATION OF ST. LUCIE COUNTY~ a corporation org~r?ized 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"). 1 WHEREAS, Boirower is indebted to Lender in the principal sum of Twenty-one thousand and no/ 100-------------------------------------------- Dollars, which indebtedness is evidenced ~ by Borrower's note dated Ma rch 12 , 1979 (herein "Note") ~ providinq for monthly installments of principal and interest. with the balance of the indebtedness, if not sooner paid, due and pay- able on Apr i 1 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 therean~ advanced in accordance herewith to protect the security of this Mortgage; (c) the performance of the covenants and aqreements-of Borrower herein contained; (d) the performance of the covenants and aqreements incorporated by reference hereinto; and (e) the repayment of any future advances, with interest thereon, made to Bonower b~ Lender pur- suant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"). Bonower dces hereby mortgage~ grant and convey to Lender the following described property located in the County of S t. Luc i e State of Florida: ~ /v \ ~j The Condominium Parcel known as Apartment C of Building 516~ ~1' Phase I of HIGH POINT OF FORT PiERCE CONDOMINIUM SECTION il (the "Condominium") according to the Declaration of Condo- minium thereof, recorded in Official Records Book 304 at ` Pages 1396 through 1508 of the Public Records of St. Lucie • County, Florida as such Declaration may have been amended by any ' amendmenis thereto hereto filed in the Public Records of St. , . - Lucie County, Florida including, but not limited to, any ~ v v ' amendment to add the aforesaid Phase to the Coridominium n <<~ ~ ' (if such Phase be other than Phase I thereof). ~ o O~ f _ y 3 E ' o A i - Together with all of the appurtenances to such apartment, the ~ o~~ ; air conditioning unit serving said apartment and all fixtures d~ ~ j and appliances located therein. : N ~ ~ » ~ ~ ~ The mortgagor covenants that it and the association responsible ~ ~ ~ for the operation of this condominium will observe all of the s. ~ p r o v i s i o n s o f t h e D e c l a r a t i o n o f C o n d o m i n i u m w h i c h i s a b o v e ~ ~ described, and of the Condominium Act, and will perform tF~e,ir ; ° obligations under such Oeclaration and Act; and a,failure,to ~ ~ ; do so which is not cured within 30 days after notice given by t~Q ~ the mortgagee to the mortgagor and the association shall ' ~ Q ~ constitute a default under this mortgage. ? F ~ p ' * which has the address of Crooked Lake Lane, Fort P i erce, ~ 4 Florida 33450 (herein "Property Address"); (gTREET) 1nTr~ TOGETHER with all the improvements now or hereafter erected on the property~ and all ease- ; ments, riqhts, appurtenances, rents, royalties, mineral, oil and gas rights and profits~ water, water rights, and r water stock~ and all fixtures now or hereafter attached to the property, all of which, includinq replacements and addidons thereto, shall be deemed to be and remain a part of the property covered by this Mortgaqe; ~ and all the foregoinq, together with said property (or the leasehold estate if this Mortgage is on a lease- r - ; 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 ~ w8rrant and defend generally the tide to the Property aqainst all claims and demands, subject to any declar- g ations, easements or restrictions listed in a schedule of exceptions to coverage in any tide insurance policy ; insuring Lender's interest in the Property. • FLORIDA - SHORT FORM - 1 to ~ Family - 9l76 - FHLMC UNIFORM INSTRUMENT ~ 3Qk.3U5 -a~,~ ~7 ~ r~.-... _