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• THIS IS A BALLOON MORTGAGB AND THE FINAL PAYMENT
OR THE BALLOON DUS UPON MATURITY IS $4 823.00 t
TOGETHER WITH ACCRUED INTEREST, 'IF , ~ a,~ b .
ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE g ~'si<, ~atignal'. Baru
TERMS OF THIS MORTGAGE. . ~~.~$t ,~o ; , of , S1:>~1art
• MORTGAGE ~9
X064
THIS MOR'I~OA(3E is made this ..,lJ
~ M ,July, .
19. RQ, between the Mortgagor, ~~X~.~-..F$Rlt]BI.L, arid, SHANNON,~$ Fl3RRELI;,, ,hustiancl
.aizd V~.~e.. (her+ein "Borrower"). and the Mort~oe, .
. MAST .NA'lI~IAL BANK AND . rAUST..C~JMPADIY.QE. STW#RT, stuart, ~ Florida,
a National Bnnkiag .Association.,....... whose address i:R.Q.. pXdW~r...
.2136.. Stuart,.. F1or3.da... 3349 (herein "Lender").
WttmtsAS, Borrower is igdebted to Lender in the principal sum of..~tS7~ 000 ;00
--~VF.N . ~tOP~~NR . l~`l~. ~4l~,Q4-''----- .Dollars, which u~bt~n~ is evidenced by Borr~ower'a
note dated. ,~UIY . ~ ~9 $0......(herein "Note', providing for monthi irt:tallment: o~ princip~ arm
Iatereat, with the balance of the indebtedness, if not sooner paid, due and payable on ~ulx , , , g9 85, .
To SECttreg to I:ender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the
- payment of cell other anrce, with interest thereon, advanced in aooordanoe ber+ewith to protect the security of this
Mortgage, and the performance of the covenant: and agreements of Borrower herein contained, and (b) the repayment
of any future advances, with interest thereon, made to.Bomower by Lender pursuant to paragraph 21 ber+eof (herein
"Future Advances"), Borrower does hereby mortgage, grant and convey to Lendcr the following described property
located in the County of.... S~...~V~lra.@..... _ State of Florida:
Lot No. 137,•7 Section 1, in that certain condominium known
as OUTDOOR RESORTS OF AMERICA AT NETTLES ISLAND, as shown
by the plat recorded in the Office of the Clerk of the
Circuit Court in and for St. Lucie County, Florida, in
Plat Book 16, page 1:1A through 1J, and according t_o the
Declaration of Condominium as recorded_ in Official Records
Book 186, page 2720, and any, and all Amendments thereto
that have been recorded in the St. Lucie County, Florida,
public records.
_ p1 TaroM '
. U b - in PsY~M
R~ew.d • ible PersonM PraVMw• •
Due On Class "C" intsrW /lace Of t~11.
K 71.134.
pursuant To Cha~R
Oorrs• M' La>d~ ~
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which has the addrras of. O ; R ;A: ,Route , ~2,~ ,Lot, 137,, ,Section, 1, . Jensen ,Beach,, ,
,Florida, , , 33457 , , , , , , , , (herein "Property Address");
[seas area zb coat
TocfrrrreR with all the improvements now or hereafter erected on the property, and all easements, rigbts,
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, al! of which, including replacements and additioru thereto, shall be
deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with :aid
property (or the leasehold estate if 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 convey the Property, that the Property is unencumbered, and that 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 exceptiora to coverage in any title insurance policy insuring Lender's interest in the Property.
FLORIDA-1 to 4 F,~~rr.-s~~s-ftwu~~c wtt~o~i aarnu~trt ~R
. s~K 335 P~~E 35
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