HomeMy WebLinkAbout2466 ~Y
FIRST FEDERAL Sl1VINGS AND L,~AN ASSOClI~ITIOH
OF FORT PIERCE ~
- ~ MORTGAGE o5-23058900 ~ ~
F
}
THIS MORTGAGE a made th>IS 7xb of Atl9l4SL..-................ ,
1919. ,between the Mortgagor, ~
Mar~h~ .~€ad. l~g~ke~..a. ~i I~gl ~ .a v1 i~ ~
(herein "Borrower''), and the Mortgages, P'IR.9T FEDERAL SAVINGS i_
AND LOAN ASSOCIATION OF FORT PISRCg, a corporation organised eu><d eaisting Hander the laws of the United States, ~
whose address i. 100 8onw i3eoond Street, Fost Pianos, p'lorida 33460 (herein "I.ender'~. -
WHEREAS, Borrower is indebted to Lender in the principal enm of . F.IE~Y. ~1i0USAND. AND .NO%lOAz----r.------ .
:-rr.--..:. --r- ------(~50.,OOA.OA)-: --,--r.-----r.-rpollars, which indebtedness is evidenced by Borrower's
note dated ..........AilyuSt. 7.,.197 (herein "Note'7. providing for a><ontbly i><utallanenta of. principal and
interest, with the balance of the indebtainess, if not sooner paid, .due and payable on ..~IJyUAt. ~Qs..~QQ$.. , . , . .
To SBCtrss to Leader (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the paarment of all
other tams, with interest the:eon, sdvaaoed in acoo:daaca herewith to protect the security of this Mortgage, and the
perEormanos of the ooveaanta and agreemenb of Borrower herein contained, and (b) the repayment of any tbtnre advanoes~
with interest thereon, made to Borrower by Lender parsnant to paragraph 21 hereof (herein "Future Advances"), Borrower
does hereby mortgages grant and oonveq to Lander the following •described property located in the County
of..... ~,u~i
Q . State of Florida:
That ce tain Cotiidomirtium Parcel, being Unit No. 303, a Condominium in accordance
with an su sect to the covenants, conditions, restrictions, terms, and other
provisi s f that "Declaration of Condominium for NUTCNINSON ISLAND CLUB, a
Condomin ~n,,recorded in O.R. Book 254,- page 2128, et.seq., Public Records of -
said County-and all amendments thereto, under and pursuant to provisions of the
Condominium Act of the State of Florida, F.S.A. 718 et.seq., as amended,
including an undivided interest in the common elements of said Condominium as
set forth in said Declaration, as amended.
By agreement of Mortgagor and Mortgagee on file `
with Mortgagee, the within mortgage secures not
only an existing indebtedness, but also ADVANCES ~
to be HEREAFTER made by Mortgagee to Mortgagor -
the aggregate of which will equal the principal
amount specified in the promissory note secured
hereby..
• m STATE ~~F FLDR!'~- ~ -
..z OOCUMENtAftY ~=`STl~ M P t ~ ~
i-~ ~ DE?~P. i!F F.YEtiUz~:J,~`s': , : O4 ~ ~T ~ T
w PA AXE=
2~ rn - - r ; zi OUf OM CUSS 'C' lNTANB'g+f PERS6ltµ PRDA
o _ Pe. - ,.,,U,7•r9 f. ~ 7 5. O O ~ PWtSYAIIT TO cMAPt.: 71• 4 ACT ~i
- ~~.'7- - -
f ~ Ru6ER POIT = ~ >!7L
t.iT.t~~Hd.
which has the address of........,10410 .Hi•gfay,~y. A]A
J~ns!~~. ~~!~h............. ,
...Florida 33457 .(herein "Property Addreee'~;
csyi::va i~ coact......... .
ToGSTHERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
rents, royalties, mineral, oil and gas rights and pro5ts, water, water rights, and water stock, and a116xtures 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 :easehold) are herein referred to as the "Property."
Borrower covenants that Borrower is lawfully seized 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 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 the Property.
f10RIDA-~ To 4 FAMILY-6/75-iNMA/F}ILMC uglfoRM ItISTRUMENT ~~K INDIVIDUAL
80gK ~~.4 PaGE 24~
Y~~ - - -