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MORTGAGE
THIS MORTGAGE is made this. 2 ~ day of APRIL, 1980 between the Mortgagor,
i
EDWIN C. WOUDBURN AND BOBBIE H. WOODBURN, HIS WIFE
(herein "eorrowerq, and the Mortgagee, First Federal Savings and Loan Association of Martin County, a corporation
organized and existing under the laws of the United Slates of America, whose address is 989 South Federal Highway, Stuart,
Florida 33494 (herein "Lender.
WHEREAS, Borrower is indebted to Lender in the principal sum ot--- < i 60900. 00)
---SIXTY THOUSAND NINE HUNDRED AND NO /100 THS--- •
Dollars, which indebtedness is evidenced by Borrowers note dated APRIL 2 ~ ,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 O 1, - 201 a.
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 hereof (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:
.UNIT 1010 IN OCEANA OCEANFRONT CONDOMINIUM II, ACCORDING TO THE
DECLARATION OF CONDOMINIUM OF OCEANA OCEANFRONT CONDOMINIUM II,
RECORDED IN OFFICIAL RECORDS BOOK 327, PAGES 1684 ET SEQ.,
PUBLIC RECORDS OF ST, LUCIE COUNTY, FLORIDA (thy 'DECLARATION OF
CONDOMINIUM'), TOGETHER WITH AN UNDIVIDED 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 ABIDE
PY, AND TO RAY ALL THE ASSESSMENTS REQUIRED OF SAID MORTGAGOR
j _ WHEN DUE, PURSUANT 70 THE DECLARATION OF CONDOMINIUM OF
E OCEANA OCEANFRONT CONDOMINIUM II,
AS AFOREDESCRIBED AND ON EXHIBIT THERETO, SHALL CONSTITUTE AN
EVENT OF DEFAULT UNDEk THIS MORTGAGE.
I
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'THIS INSTRUMENT F'REPAREU BY:
FIRST FEDERAL SAVINGS ANU LOAN
ASSOCIATION OF MARTIN COUNTY ~0 Oftixfat?
F.O. BOX 989, STUART. FLA. 33494 r inPavme
RACeived s
~ti by : MARY B . HALL I CY pte On Class "C" in+irWible Pecson~ f
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Pursuant To ChaptK 7'1• Arts
I_N #002004195 Rp~iERPOtTRAB r` /
Cltr•k t t~ Co.. H~.
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which has the address of 9900 EAST OCEAN BLVD. APT 1010, JENSEN BEACH, FLORIDA 33457
s 1 Sueeq IGty1
s
(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 aril gas rights and profits, water, water rights, and water stock, and all fixtures now or here-
- after attached to the property, all of which, including replacements and additions thereto, shall be deemed to be and remain
a part of the propertycovered bythis Mortgage; and alt of the foregoing, together with said property(or the leasehold estate
t if this Mortgage is on a leaseholds are herein referred to as the "Property'.
Borrowercovenantsfhat Borrower is lawfully seised of the astate 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 to the Property. ?I~~~Q
FLORIDA - t to 4 Family - FNMA/FHLMC UNIFORM INSTRUMENT A-309A 6/79 .•vVWW
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