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MORTGAG E
THIS MORTGAGE is made thi~6TH day of MAY, 1980 between the Mortgagor.
.t BkUCE A. KOEHE AND CATHERINE L. KOEHE. HIS WIFE -
~ ~ { G?'• S-_ . ~ 5. $O 1N P!l"""`iT t)f TAXES
t6. '._..Y; T~ ::'.•T.'. 7t•.:3, ACTS OF 1171.
6GCiR PGlTttAS
CILRK p~GUR COUkT~ ST. IpCE ~
(herein "f3orrower~, 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 Highway. Stuart,
Florida 33494 (herein "Lender. '
WHEREAS, Borrower is indebted to Lender in the principal sum of 47900. 00)
----1=0kTY-SEVEN THOUSAND NINE HUNDRED ANU NO /100 THS---
Dollars, which indebtedness is evidenced by Borrowers note dated MAY 16, 1990 (herein "Note''.
provided for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and
payable on JUNE O1, 201 O.
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
Countyoi ST. LUCIE
State of Florida
A CONDOMINIUM PARCEL DESIGNATEU AS UNIT 317 OF SAND DOLLAR
VILLAS CONDOMINIUM H. ACCOkDING TO THE DECLARATION THEREOF,
RATED MARCH 12. 1980. RECOkDEU MARCH 20, 1980, IN OFFICIAL
kECOkDS HOOK 327, F'AGE 2576 AND AMENDMENT THERETO, UATEU
MARCH 12, 1980, kECOkI~EU MARCH 20. 1980, IN OFFICIAL kECOkUS
POOK 327, FADE 2640, ALL IN ST. LUCIE COUNTY, FLOkIUA. F'UHLIC
ftECOkUS.
II 'THE FAILURE OF THE MOkTGAGOk HEREIN TO COMPLY WITH ANII AHIUE
PY, AND TO F'AY ALL THE ASSESSMENTS kEQUIRED OF SAID MOkTGAGOR
WHEN DUE, F'UkSUANT TO THE UECLARATION OF CONDOMINIUM OF
SANiI UOLLAk VILLAS CONDOMINIUM 'H',
AS AFOkEUESCRIHEU ANU ON EXHIHIT THERETO, SHALL CONSTI-(UTE AN
L-`VENT OF ItEFAULT UNUEk THIS MORTGAGE.
t
~ THIS INSTkUMENT F'kEF'AREU HY=
~ FIkS7 FEDERAL SAVINGS ANU LOAN
ASSOCIATION OF MARTIi'J COUNTY
F' . 0. HOX 989, STUART, FLA . 33494
HY: MARY H. HALLICY ~ -
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I_N #0020042148 - ~ '
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which has the address of 7400 S. kOAU A1A, JENSEN REACH, FLORIUA 33457
ist,eea tc~M
~ (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 and gas rights and profits. water. water rights. and water stock, and alt fixtures now or herd
after attached to the property, all of which, including replacements and additions thereto, shall be deemed to be and remain
a part of the property covered bythis Mortgage; and all of the foregoing, together with said property(or the leasehold estate
m it this Mortgage is on a leasehold) are herein referred to as the "Property'.
Borrower covenants that Borrower is lawfully 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
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' the Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of
exceptions to coverage in any Utle insurance policy insuring Lenders interest in the Property. ~ 11$
B~nlCt~ ?«GF
FLORIDA - 1 to 4 Famtly - FNMA/FHLMC UNIFORM INSTRUMENT A-309A 6/7Q
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