HomeMy WebLinkAbout0298 THIS INSTRUMENT YYAS PREPARED 8V:
CITIZENS FEDERAL SAVINGS AND LOAN
ASSOCIATION OF ST. LUCIE COUNTY
1600 S. FEDERAL HIGHWAY, FT. FIERCE, FLORIDA
C. R. MCDONALD, JR., GENERAL COUNSEL
~Y22037632
MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this 24th day of September ,
19~_,betweentheMortgagor,__ John Bonafine I11 and Alexandra C. Bonafine, his wife
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organized and existing under the laws of the United States of America, whose address is 1600 South Fed-
c_.:' =:ighway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of -
Sixty Eight Thousand and No/100------------------- Dollars, which indebtedness is evidenced
by Borrower's note dated (herein "Note"), providing for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay-
able on November i , 2009
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to
protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower
herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto;
and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant to paragraph 21 hereof or incorporated by reference hereinto (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:
Condominium Unit No. 1007 of Sea Pines Tower (Sea Palms Towers), according to
the Declaration of Condominium thereof, dated December 20, 1977, and filed. for
recording January 24, 1978, in Official Records Book 280, Pages 2622 through
2673 of the Public Records of St. Lucie County, Florida.
Together with all of the appurtenances to such apartment, the air conditioning
unit serving said apartment and all .fixtures and appliances located therein.
The mortgagor covenants that it and the association responsible for the operation
of this Condominium will observe all of the provisions of the Declaration of
Condominium which is above described, and of the Condominium Act, and will perform
~I their obligations under such Declaration and Act; and a failure to do so which is
~ not cured within 30 days after notice given by the Mortgagee to the Mortgagor and
the association shall constitute a default under this mortgage.
0
~ -
-
i
f
CL:.:.K G~.wT ~~:.:a, :,i. iL...E CO., ~1~. - - - - - - -
which has the address of 1007 Sea Pa 1 ms Towers -North A I A, Fort Pierce , FL 33450
(herein "Property Address"); (STREET) (CITY)
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
ments, rights, appurtenance's, 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 replacements
and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage;
~ and all the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease`
hold) are herein referred to as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
to mortgage, grant and convey the Property, that the Property ie unencumbered, and that Borrower will
warrant and defend generally the title to the Property against all claims and demands, subject to any declar-
ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
insuring Lender's interest in the Property.
FLORIDA -SHORT FORM - 1 to 4 Fandy - 9/76 - FHLMC UNIFORM INSTRUMENT
~ 3:1'~ 318 298