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HomeMy WebLinkAbout0178 1 / . 4~~19 THIS INSTRUMENT K'AS PREPARED BY: C1T12EN5 FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY 1600 S. FEDERAL HIGHWAY, FT. PIERCE, FLORIDA C. R. MCDONALD, JR., GENERAL COUNSEL /22042087 MORTGAGE (SHORT FORM) THIS MORTGAGE is made this 6th day of March , 19_.$II, ,between the Mortgagor, Joe H. J i 1 ton and Louise G. J i 1 ton , his w i f e (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- eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"). WHEREAS, Borrower is indebted to Lender in the principal sum of Twenty Four Thousand Three Hundred and no/100--------------------------- Dollars, which indebtedness is evidenced by Borrower's note dated March 6>,-- tg8n (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 Apr i 1 1 , 2010 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 . luc i e State of Florida: The Condominiurrl Parcel known as Apartment C, Building 1001 of Phase XII of HIGH POINT OF FORT PIERCE CONDOMINIUM SECTION II (the "Condominium") according to the Declaration of Condominium thereof, recorded in Official Records Book 304 at Page 1396 and amended as in Official Records Book 320, Page 2054, 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. j 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 their obligations under such Declaration and Act; and j a failure to do so which is not cured within 30 days after notice given by j the mortgagee to the mortgagor and the association shall constitute a default ~ under this mortgage. ~ 3 - - _ _ - ! Recshrsd s In P~rnfent Of Tatty f ~ ~ - - I Oue On Class 'C' Intan~ibb PwsorfNar+ppwty - _ - ~ pursuant To Chapter 71, 134, Acts Q~ 1 t~ E - • - ~ 3 j-~. l~ , j ~ ROGER POITRAS € ~ : ~ - itar>t ClrCUlt Court. St. Luce, Co., Fla, jf[ - - - R i which has the address of apt . C ~ B 1 d9 . 1001. Phase XII . High Point Section I I , Ft . Pierce X555 qq jj~~ ~3T.1<~~1~'t1Z~Et'f (heretn "Property Address"); (STREET) ICITYI a 1FF TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, 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 replacements and additions thereto, shall be deemeri 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 tte right ~ to mort a ant and conve the Pro r that the Pro erty is unencumbered and that Borrc titer will 9a9 ~ 9t' Y Pe tY~ P , a warrant and defend generally the title to the Property against till 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. E FLORIDA -SHORT FORM - 1 to 4 Family - 9176 - FHLMC UNIFORM INSTRUMENT Bl)!1K 327 Pd~E - - K .