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HomeMy WebLinkAbout0438 F~~we.~ ~w ~ 9 45`7996 NSSOCI/?TION CF iw?RI N Cou 9i9 South F~~ol Hi9t+woy, StuoA, Flo. - Mary B u~„ 3 ' ~ - i20034S4(1) MORTGAGE THIS MORTGAGE is made _thia 7th any of ~ SeBteaber 19 79 - between the Mortgagor, T1±RRY B. HErIDBRSON and CYNQIIA L. 11ENDERSON his wife (herein, "Borrower"), and the Mortgagee, First Federal Savings and Loan Association of Martin County. a corporation organised and existing under the laws of the United States of America, whose address is 989 South Federal Highway, Stuart, Florida (herein "Lender''). WttaRt?r?s, Borrower is indebted to Lender in flee principal sum of SIXTY T11RBB T110IISAND _DOLLARS AND NO/100ths--------------------nollars, which indebtedness is evidenced by Borrow- er's note dated September 7, 1979 "Note") ,providing for monthly installments of prin- cipal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on October L 2009 To SECt1RE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment 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 Borrower htreitt 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. Lucie State of Florida: D111ELLING UNIT 306 A, ATLANTIS CONDOMINIUM,- BUILDING "A", according to the Declaration of Condominiu>t, dated December 21, 1977, filed January 6, 1978, in Official Record Book 280, pages 90 to 136, inclusive, Public Records of St. Lucie County, Florida. 1~OGE11iER with the undivided interest in Cocoon Ele>sents declared in said Declaration of Condominium to be an appurteoaance to the above described Dwelling Unit. The failure of the mortgagor herein to comply with and abide by, and to pay all the assessments required of said mortgagor when due, pursuant to the Declaration of Condominiup of ATLANTIS, as aforedescribed and on exhibit thereto, shall constitute an event of default under this Rartgage. i RECEIYEC ; I~G-~ IN PAYI~NT of TAXES I ~ y QUE ON CL•55 •C' INTAKBltLE PERSlNAI PIIRPEIIiY. ' PYRSUANT TO CNAPTOt 71.134, ACTt OF 1 a ROVER Pd11lAt ~ l~qi tt00R'I, i1: t1~ CO, STATE nF FLOR~D.c::~ ~Z N DOCUMENTARY-:-~STAhiP TAY i DE?T. Of REYEI~UE K'-' - - P.B..S_PIG'14~.~: ~~4. 5Yf .n IIIQ2 t.:~ r - i which has the address of 10102 S. State Road AlA, Apt. #306 Jensen Beach, [Sd••U [curl Florida 33457 (herein "Property Address's ; tsea ..e z+v coa.~ Toc>:rn>zx with all the 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 fixtures now or hereafter attached to the property, all of which, including replace- ments and additions thtreto, 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 rnvenants that Borrower is lawfully 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 title to the Property against all Maims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceennns t~Y~~~u~~ur:__ ante policy insuring Lender's interest in the Pr+optrq. ! FLORIDA-1 w 4 Famtir-6~~s-prr~/FHLUC vriiFOxM n~rsritv~rrr