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HomeMy WebLinkAbout2085 i This in.~trumrnt w•ac prepared h}•: ~ D ~ A ~.~Cr~~ 11'. N. \t'alkc~ Jr.. E:~uir~ . ~ ~ Y a~a~ ~ Blarkvrell. \t'alker. Gra}'. Puwer.?. Flick d Hurh) lh?e Southeast Thirel Avenur Flle Number: 12 4 - 419 PB Miami. Florida :11131 . MORTGAGE ~TV~ ~L'ACKWEtL WALKER crew (SHORT ~RM~ POWERS FLICK & HOEHL FORUM !11 BUILDIt'tG 1655 PALM BEACH LAKES BLVD. e~ WEST PALM BEACH, FLORIDA 33401 TMS MORTGAGE is made this / day of t C~ ' ` ~ ,19 .between the Mort~or, GENE O. GUTO:3RLEI1~ and OLINDE GUTOHRLEIN, his wife, (herein "Borrower"!. and the Mortgagee, AMERIFIRST FEDERAL SAVINGS AND LOAN ASSOCIATION, a corporation organized and ezistins'under the laws of the United Staten of America, whose address is One Southeast Third Avenue, Miami, Florida 33131 (herein "Lender"). WHEREAS. Borrower is indebted to Lender in the principal sum of FIFTY THOUSAND AND :~10/100 ($50 , 000.00) -----------------DOLLA:iS .which indebtedness is_evidenced by Borrowers note dated of even date (herein "Note"1. providing for monthly installments of principal and interest. with the balance of the indebtedness, it not sooner paid, due and payable on 1 May 2 010 . . TO SECURE to Lender Ial the repayment of the indebtedness evidenced by the Note with interest thereon: tbt the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of the Mortgage: IcP the per(ormartce of the rnvenants and agreements of Borrower herein contained; Idl the performance of the rnvenants and agreements inrnrporated by reterence hereinto: and Ie1 the repayment of any future advances, with interest thereon. made to Borrower by Lender pursuant to paragraph Zl hereof or incorporated by reterence hereinto (herein "flrture Advances"1, Borrower does hereby mortgage. grant and convey to Lender the following described property located in the County of S ~ . Luele .State of Florida . U:~IIT 1108 in OCEANA OCEANFRONT CONDOr;I,iIL'24 II, according to the Declaration of Condominiul~t of OCEA'lA OCEANFRONT CONDOMINIUM II recorded in Official Record 3ook 327 Pages 1684 et seg., public records of St. Lucie County, Florida - (The "DEC%ARA':'IOr7 OF C02JDOMI1dIUri") together with an un- divided share in the Comlr~n Elements appurtenant to such unit and all other appurtenances to such unit as set forth in the Declaration of Condominium. ~ b RE~EiYf~~ f_ ~_OV IN PAtMf:tlT OF TAXES l:U. C'! Ci ~ i4?~!:•"- 9,t P: ^ ~'~kt PFgPERTY, ~ ~ l7 F U::~~:,ttl Tu' , ; I- ROTS OF 18)1 1 / h. CL+.fiK p::~UtT ~GURT. ST. PW+3E 00. fLA. which has the address of 9 9 0 0 Ocean B 1 Vd . 'Jensen 3eac:1, Florida 33457 Therein "Property Address'1: a TOGETHER 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 replacements and additions thereto, shall be deemed W be and remain a part of the property ~ covered by this Mortgage: and all of the foregoing, together with said properly for the leasehold estate in the event this Mortgage is on a leasehold! 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 rnnvey the Property, that the Property is unencumt~ered, and that Borrower will warrant and defend generally the title to the Propert}• against all claims and demands, subject to an}• declarations, easements or restrictions listed in a sa•ha~lule of exceptions to coverage in any title insurance polic}• insuring Lender's interest in the Property. PAGE 1 OF 2 PAtiES BufOKcaW fAGEQUOJ FLnRIDA -Short Form -1 to 4 Family-9/76- FHLMC UMFOBM INSTRUMENT