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HomeMy WebLinkAbout1887 • i, ?+ec~wed ' . Due On CIaN "C" N~gipibtN Prrtt+arl Mr'~~ PwtwaM To ChMIM~ 71.1i1u~11~M~ q /M1. MORTGAGE 100"' ~0f""` CNtR CIroWt awn. L11MfA ~ THIS MORTGAGE is made this ~ ~ ~ day of April, 1980 between the Mortgagor, u b ~ JOSEPH F. TYMINShI AND SHIRLEY A. TYMINShI, HIS WIFE as to an undivided i interest and GERALD R. BOYLE and BARBARA A. BOYLE, his wife as to an undivided z fritterest (herein °Borrower~, and the Mortgagee, First Federal Savings and Loan Association of Martin County, a corporation organized and existing under the laws of the United States of America, whose address is 989 South Federal H ighway, Stuart, Florida 33494 (herein "Lender. WHEREAS, Borrower is indebted to lender in theprincipal sum of ~ # 58000. 00) ~---FIFTY-EIGHT THOUSAND AND NO /100 THS--- Dotlars, which indebtedness is evidenced by Borrowers note dated APril 1980 (herein "Note'1, provided formonthly installments ot~rincipal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on MAY O1, c.014. TO SECURE 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 Mort- gage, and the performance of the covenants and agreements of Borrower herein contained, and (t3 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 • Lucie State of Florida DWELLING UNIT 502A. ATLANTIS CONDOMINIUM. BUILDING A, ACCORDING ' TO THE DECLARATION OF CONDOMINIUM DATED THE 21ST DAY OF DECEMBER, 1977, AND FILED FOR. RECORD ON THE 6TH DAY OF JANUARY 1978, IN OFFICIAL RECORDS BOOK 280, PAGES 90 TO 136.. INCLUSIVE, PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA. TOGETHER WITH THE UNDIVIDED INTEREST IN COMMON ELEMENTS DECLARED _ IN SAID DECLARATION OF CONDOMINIUM TO BE AN APPURTENANCE TO THE ~ i ~ 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 CONDOMINIUM OF _ 1 ATLANTIS CONDOMINIUM, AS AFOREDESCRIBEU ANU ON EXHIBIT THERETO, SHALL CONSTITUTE AN t' EVENT OF DEFAULT UNDER THIS MORTGAGE. _ 'THIS INSTRUMENT PREPARED BY: FIRST FEDERAL SAVINGS ANU LOAN ASSOCIATION OF MARTIN COUNTY F'. 0. BOX 989, STUART, FLA. 33494 _ bY: MARY B. HALLICY L_N #0020041272 BUILDING A 10102, S AlA. JENSEN BEACH, FLORIDA 3347 which has the address of (StreeQ (City? (herein "Property Address"?; - (State and Zip Code) TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurte- nances, rents, royalties, mineral; oil arxi gas rights and profits, water, water rights, and water stock and all fixtures noworhere- afterattached tothe property, atl of which, including replacements and additions thereto, shall be deemed to be and remain a part of the propertycovered bythis 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'. Borrowercovenantsthat Borrower is lawtully seised of the estate herebyconveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and the 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 Lenders interest in the Property. pppp Bi',7K c~ PAGE 005 FLORIDA - 1 to 4 Family - FNMA/FHLMC UNIFORM IN8TRUMENT A-309A 6/79