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J-111-297-79-SB ~
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Post Of~ice Box,~26 ~
~.Tensen Beach, F'lorida
MORTGAGE 33457
THIS MORTGAGE is made chis . 2 ~ th . . . . da of . JunR . . . . . . ,
19. 79, wan the Mortgagor, .~~Y . R., , GAL~RAITH, and. D~RUTEIY,~C~; , GALBRAITH,,
. .
hiS w~~e , , , , , , , , , , , , , , , , (herein "Borrower"), and the Mortgagee, . . . . . . . . . . . . . . . . . . .
.,~ENSEN BEA~H ~BANK~ , , . , , , , a corporation organized and
e d the aws of. . . ~ ~lori~a . . . . . . . . . . . . .whose address is P: ~ : . Box. 7 , . . .
, ,~o~erc~al: St : :~ensen: BeacYi, . ~F1or~'da , , , , , ~~~in ~~Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of . TEN. 7'HOUSAND, ~N~, NQ f,~Q,O,-
- " - Dollars, which indebtedness is evidenced by Bonower's
note dated. . . .~uly_ ,1~,,, ,197~, , _ . , ,(herein "Note"), providing for moathly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid. due and payable on. Ju~~. .16., . a...R89.
To SECURE to I.ender (a) the repayment of the indebtcdness evidenced by the Note, with interest tbereon, the
payanent of all other sums, with interest thereon. advanced in accordance herewith to protect the security of this
Mortgage, and the performance of the covenants and agreements of Bonower herein contained, and (b) the repayment
of any future advances, with interest thereon, made to Borrower by L.ender pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property
located in t6e County of . . . . . . . . . . S t . • LuCie . . . . . . . . . . . . . . . . . State of Florida:
Lot No. 607, 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, Florida in Plat Book
16, Page 1:1A through 1J.
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which has the address of. . . . . . . .ROUte. .2 . . . . . . . . . . . . . . . . . . . . . . . . . . . .Iensen. •Beach. • . • •
- [stnst] [~~bl
. . . . . Flor.ida .331+57. . - . . - (herein "Property Address");
,z IStsb and Zip Code)
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~ TOGETHER Wl[}I 3II ItIC improvements now or hereafter erected on the property, and all easements, rights,
; appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all
a fiatures 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; 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".
~ Bocrower covenants that Bonower is lawfutly 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 tide to the Property against all claims and demands, subject to any declarations, easements or restrictions
~ listed in a schedule of eaceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
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fLORIDA-1 to 4 family-6/15--iNMA/FHIMC UNIFOwM INSTpUMEMT A
L~7')~l V~•J r~VC 1~~ FBS 165 Rev. 10/77
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