HomeMy WebLinkAbout2704 ' y.
. ~
4~39~9
MORTGAGE
THIS MORTGAGE is made th~sSTH day of APRIL, 1980 between the Mortgagor,
q~
CLAUItE MATZ ANA RUTH MATZ, HIS WIFE (p\ ~ ~
7 .
Q
(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 otAmerica, whose address is 989 South Federal H ighway, Stuart,
Florida 33494 (herein "Lendet'~.
WHEREAS, Borrower is indebted to Lender in the principal sum of < f 50000. 00)
---FIFTY THOUSAND AND NO /100 THS---
Doltars, which indebtedness is evidenced by Borrowers note dated APRIL 15, 1980 (herein "Note',
provided for monthly installments of principal and interest with the balance of the indebtedness, if not sooner paid, due and
payable on MAY 01, 2010.
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 (b) the repayment of
any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereol (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:
UNIT 310 IN OCEANA OCEANFRONT CONDOMINIUM II,~ ACCORDING TO THE
DECLARATION OF CONDOMINIUM OF OCEANA OCEANFRONT CONDOMINIUM II,
RECORDED IN OFFICIAL RECORD POOK 327, PAGES 1684 ET SECI., PUPLIG
. RECORDS OF ST. LUCIE COUNTY, FLORIDA (THE 'DECLARATION OF
CONDOMINIUM'), TOGETHEk WITH AN UNDIVIDEit SHARE IN THE COMMON
ELEMENTS APPURTENANT TO SUCH UNIT AND ALL OTHER APPURTENANCES TO
SUCH UNIT-AS SET FORTH IN THE DECLARATION OF CONDOMINIUM.
THE FAILURE OF THE MORTGAGOR HEREIN TO COMPLY WITH AND APIDE
DY, AND TO F'AY ALL THE ASSESSMENTS RERUIREIt OF SAID MORTGAGOR
r ~IHEN DUE, PURSUANT TO THE DECLARATION OF CONDOMINIUM OF
OCEANA OCEANFRONT CONItOMINIUM-II,
AS AFOREUESCRIPED AND ON EXHIPIT THERETO. SHALL CONSTITUTE AN
EVENT OF DEFAULT UNDER THIS MORTGAGE.
j THIS INSTf:UMEN? P'REP'ARED PY= -
. FIRST FEDERAL SAVINGS AND LOAM!
ASSOCIATION OF MARTIN COUNTY
F' . 0 . POX 989, STUART, FLA . 33494
FY: MAF:Y P_ HALLICY N~rttOtTMSs
Due On dasa "C" trttart~Mlwsoed fh~operty.
I_N #0020041348 Pursuant To Chapter 71.1i~„Aas 011571.
i - 1eoo~'oe~~u?sa~P
Clerk clreldt cart ~t t~ 0~. Aa
9920 NE OCEAN POULEVARD, JENSEN PEACH, FLORIDA 33457
which has the address of
j IStreeq tCity?
(herein "Property Address"); .
(State and Zip Collet
S
i
` TOGETHER with aft the improvements now or hereafter erected on the property, and all easements, rights, appurte-
I nances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock and all fixtures now orhere-
f
I after attached tothe property, all of which, including replacements and additions thereto, shall bedeemed 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'. .
€i
I Borrower covenants that Borrower is lawfully seised of the estate herebyconveyed and has the right to mortgage, grant
3 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 Lender's interest in the Property.
an~iK32~ ~~~cE2~70~2
FLORIDA- 1 to 4 Family- FNMA/FHLMC UNIFORM INSTRUMENT A-309A 6/79