HomeMy WebLinkAbout1496 J-111-27779-SB
H-530-79-SB ~ ~ 0?
This instrument waa prepared b
~ Jensen Beach, Florida 33457
MORTGAGE
THIS MORTGAGE is made this..... 12th • • • , • , •~y of, • , Apri 1,GeO, , . F. ~ ie~ ~
19. 79, between tbe Mortgagor, Milton J. ,Opi~a, III RoJRQ~cL.Er. Mc,D,an~el~, , re,) , , • , 4p , , , , ,
(herein "Borrower"), and the Mortgagee, .
Jensea.Beach .Bank a corporation organized and
existing under the laws of . . Flot+ida • • • • • • • • • • • • • • • • • • • • • • whose address is 1934 .Commercial
S~~ a .~tOpeA ~iCbs. ~:..33457 (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of..twentlr 1Din! .thousand •dollara• • • •
.....ate. !'to 44tILt''--; ..Dollars, which indebtedness is evidenced by Borrower's
note dated.... May..7., .1979...........(berein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on...M~Y. ~1,..~78~ .
To SECURE to Lender (a) the repayment of tbe indebtedness evidenced by the Note, with interest thereon, the
payment of all otber sums, with interest tbereon, advanced in accordance herewith to protect the security of this
Mortgage, and tbe performance of the covenants and agifleements of Borrower herein contained, and (b) the repayment
of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property
located in the County of.... St., LtlC~t State of Florida:
Lot #503, Section II, in that certain condominium known as OUTDOOR
RESORTS OF AMERICA, AT NETTLES ISLAND,as shown~by the plat recorded in the
Office of the clerk of the Circuit Court in and for St. Lucie County,
as shown by the Plat Book 16, page 1:1A through 1J, and the Declaration
of Condominium recorded in Official Record Book 186, page 2720 and
amendment thereto recorded in Official Record Book 191, page 1877, said
amendment re-recorded in Official Record Bonk 192, page 280, all
of the public records of St. Lucie County, Florida.
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which has the address of.... Lot #503x• Section. II,, ORA,dt. N>3ttlts .Island .
tstnst] tCity]
' ~ . (herein "Property Address");
[Stst~ and Zip Cody]
To~ETHER with ail the improvements now or hereafter erected on the property, and all easements, rights,
5' appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all
fixtures now or hrreafter attached to tbe 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; and all of the foregoing, together with said
property`(or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has tbe 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 declarations, easements or restrictions
listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in tbe Property.
fIORIDA-t to 4 F~riily-ti/15-FNMA/fNIMC UNIfORM INSTRUMENT . A{
B0~ ~8 ~ FBS 165 Rev. 10/77