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HomeMy WebLinkAbout1022 ~~3529 ~ • TNIS INSTRUMENT N'AS PREPAREO BV: ' C1T12EHS FEOERAL SAVINGS ANO LOAN ASSOCIATION OF ST. LUCIE COUNTY • 1600 S. FEDERAL MIGNWAV, FT. PICRCE, FLORIDA C. R. MCOONAlO. JR., GENERAL COUNSFL i 22032997 ~ MORTGAGE (SHORT FORM) THIS MORTGAGE is made this ~Oth day of Aa~i 1 . 19_].9.. ~ between the Mortgaqor~ James V. Slevin and Patricia A. Slevtn_~ his r~ife and W~ 11 iam J. Sullivan, J~. and Doris C. Sullivan, 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, wfiose address is 1b00 South Fed- eral Highway~ C~ty of Fort Pierce, County of St. Lucie~ State of Florida~ (herein "Lender"). ' - t WHEREAS~ Borrower is indebted to Lender in the principal sum of Forty Six Thousand, ~ Four Hundred and No 100----------------------------- Dollars~ which indebtedness is evidenced ~ by Borrower's note dated r i 1 0 1 (herein "Note"). providinq for monthly ; installments of principal and interest~ with the balance of the indebtedness, if not sooner paid, due and pay- t able on ' June 1. 2004 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 accorda,nce herewith to protect the security of this Mortqaqe; (c) the performance of the covenants and aqreements of Borrower herein contained; (d) the performance of the covenants and aqreements in~orporated by reference hereinto; and (e) the repayment of any future advances~ with iaterest thereon~ made to Borrower by Lender pur- suant to paraqraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower dces hereby mortqaqe. qrant and convey to Lender the following described property located in the County ; of St. Lucie State of Florida: ~ ~ , _ , Condominium parcel 712 of Ocean Villas II according to the Decla~ation of Condominium z thereof recorded in 0#ficial Records Book 271 Pages 2876 to 2939 inclusive of the ; Public Records of St. Lucie County, Florida, together with an undivided interest in ' the common elements and limited caman elements thereof together with all appurtenances ~ . ; thereunto belonging or in anywise appertaining. • € Together with ell of the appurtenances to such apartment, the air conditioning unit se~ving said apartment and all fixtures and appliances located therein. : _ f The mortgagor convenants that it and the association responsibls for the operation of tFiis condominium will observe all of the provisions of the Decla~atio~ of Condominium which is above desc~ibed, and of the Condominium Act, and will perform their obligatio~s ~ u~der 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 con- ~ stitute a default under this mortgage. _ ~ ~ ! ~ ~ ~,w~a ~ ~ ~ 8~ M P.r„~,t a T~ ~ ~ ~ o~e o~ c~su ~rxar+a~bi. Pe~wnd Prop•mr• ou?suMt TO Ch~P~ 71. 134. /1Ctt Of 1~I1. - _ - _ . Rocc~a aaTaAS ~~K ~ ~i . - ~ - ` ' " te~uk Cotwt. St. 1.~i~. Co.. FN. _ =_.ih!F'~d ~ ;R'• ~ ; _ t. . ~ C1Nk C - _ - - - ~ . - ~ , . . ~ _ _ ,~f- ~T,' _ 5 9. 6 0 i ~ ap - ~ ~ - ~ . ~ which has the address of 2400 South Ocean Drive, Fort Pierce, Florida 33450 a L ~ ~ilQrQ~ ~,Property Address"~~ (STREET) (CITY~ 'I'OGE'THER with all the improvements now or hereafter erected on the property~ and all ease- ~ ments~ riqhts, appurtenances, rents, royalties, mineral, oil and gas riqhts 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 fhereto, shall be deemed to be and remain a part of the property covered by this Mortgage; > and all the foregoing, cogether with said property (or the leasehold estate if this Mortgage is on a lease- ! ~ hold) are herein referred to as the "Property". . a , ~ Borrower covenants that Boirower is lawfully seised of the estate hereby conveyed and has the riqht ~ to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will ~ ~ warrant and defend generally the tide to the Property aqainst all claims and demands, subject to any declar- ~ ations, easements or restrictions listed in a schedule of exceptions to coveraqe in any tide insurance policy ~ insurinq Lender's interest in the Property. ~ ~ FLORIDA - SHORT FORM - 1 to 4 Family - 9l16 - FHLMC UNiFORM INSTRUMENT ' ~a~K 3U8 o~~E 10?~2 ~ . _ _ ~ . _ . - . . _