HomeMy WebLinkAbout0931 _ _ _ - . -
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. • Thls ioatrument wss by: ~
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P. O. Bax 526
- MORTGAGE Jensen ~each, F~oricta. s345~ f
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THIS MORT(3AGE ia made thi:. . 21St, . . . day of . . . . Jut1e . . . . . . . . . . . . . . . . . . ~ ~
19 .7.9 between the Mortgagor~ . . . . . . . ~Q~N. ~ti .~~~i~ r~.~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ;
. . . . . . . . . . . . . (herein "Borrower"). and the Mortgagoe . . . . . . . . . . . . . . . . . . . . ~
. .SF.~TS~N ~F~C~ .$~l~. a cocponcion organiud and
exiating w~der the laas of . . . . EI.~ORIDA. • . . . . . . . . . . . . . . . . . . . whoae addreas is . . .0 ~QX ?r .
. . . . . J.eaSen.~e,aeh,. Elorfda . 33457 . . . . . . . . . . . . . . . . . . . . . . . : . . . . . (herein "Lender").
Wx~e~s, Bomower ia indebtod to I.ender in the principal sum of. .~P.~r4ty-one,ThOUSa[ld, a[ld ~
..11To~/1A0.*rr.~irr.-n~er-----r.---------c----Hollara, which iadebtedness ia evidenoed by Bomower'a ~
June ~1,.197~.~. ......~~in "Note"), providing for monthly iastallments of rincipat and
interest, with the balaaoe of the indebtedness, if not sooner paid, due andpayable on. J~~ ~~$8. `
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To SECURS_to L,endar (a) the repayment of the indebtedness evidcnced by the Note, with interest thereon, the ~
P1Yment of ~ti ui~r sutms, witli iatzrc~t ther~n, advari~ irt atwr~ana tr~re~-~iti eo pratect t2tt s~~srity of this ~
Mortgage, and the performancx of the oovenants and agrcements of Borrower herein ooatained, and (b) the repayment .
of any fature advanas, with intertst thereon. made to Borrower by Lender pursuant to paragraph 21 hec+eof (henin ~
"Future Advances"), Borrower dces hereby mort ge, grant and convey to Lender the following described property t
locatod in tbe County of . . . . . . . . . . . . ~+~C~~ . . . . . . . . . . . . . . . . . State of Florida: ~
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Lot No. 1077, Section II, in _that certain Condominium Known as ~
OUTDOOR RESORTS OF AMERICA AT NETTLES ISLAND, as ;
~ shoavn by the Plat recorded in the O#fice of the Clerk of the .
Circuit Court in and for St. Lucie County, Florida., in Plat Look
16, Pa.ge 1:1A through 1J.
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::O~i1MEN7~4R`! f- , , STI~MF' 't. . ~ ~
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z.- ~ .+~E~T. Of R~Y~tiN "Y~`; a:': ~
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~''31.50
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J Ot~ ~ PAriAENT Cf ?.'J(ES ~
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~ paE pN CLASS 'C INTA#G:dlf PERS~liA: P~'3~ERTX ~
~ PtiNS•l~NT ?0 ~ H.1?T=? 71-134. RC~S GF 1l71.
~ AL~ PUIiRAT ~ ~
CIER~ A~lCrlt COI~t. sT. t~ p. ~ ~
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~ which bas the address of. . Rt: .#.2~ Nettles Island, Inc. Jensen ~each . 4
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~ . Florida 33457 . . . . . . . (~rein "Propcrty Address"); ~
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Too~rxeR with all the improvements now or hereafter erected on the property, and all easementa, rights, `
~ appurtenances~ nnts. royalties, mineral, oil and gas rights and pro6ts, water, water rig6ts, and water stock, and all ~
~ ~ fixtures now or hereaftec attached W the profxrty~ all of which. including replacements and additions theceto, shall be ~
Y deemed to be and remain a gart of thaproperty covered by this Mortg,age; and aU of the foregoing, together with said ~
~ property (or the leasehold estate if this Mortgage ia on a leasehold) an herein refernd to as the "Property". ~
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~ Bornower oovenants that Borrower ia lawfully seised ot the estate hereby canveyed and has the right to mortg,age,
~ grant and couvey the Property, tbat the Property is unencumberod, and that Borrower will warrant and defend ~
~ ~enerally the titk to the Pmperty a~inst all claims and demands, subject to any declarations, easements or restrictions
liated in a schedule of exceptions to coverage in any title fnsurance policy insuring i.ender's interest in the Property.
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