HomeMy WebLinkAbout1571 ~bY
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MORTGAGE ' JONNSON. JORt)MI, HUTCHESQN m YOUNO,'J1.
-~IRiT KOE11Al SAWNO~ • LOAN ADMINIiT_RATIVtCaNTSII
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1'tIIS bl4RI'G.~ICE ii u?i.Ie> uri...... J~~~ . ~ ~l of -
19.80., between the Mortgagor, . .~VC~. Ir~:4'1. i~ ~•..~5..K~t .
~............-..(herein "Aorrower"), and the Mortgagee, FIRST FEDERAL
SAVINGS AND LOAN ASSOCIATION OF LAKE WORTH, a ootpocation organized and existing under the
laws o[ THE UNITED STATES OF AMERICA. whose address is 200 LAKE AVENUE, LAKE WORTH.
FLORIDA 33460 (herein "Lenderr~.
W Borrower is indebted to Lender in the principal sum of . ~ .~'H4T ~ . -
At~ip . NP , Dollars, whkh indebtedness is evidenced by Bormtrer's
ante ./.~.:./„~~e%.~....(herein'"Note'~, providing for monthly iastallaneats of principsl and
Interest, the of the indebtedness, if not wooer paid, due and payable on ...:.~Y. ~~..~QQ9....... .
To SBCUR6 to L~endec (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the
payment of ap other sums, with interest t]tereon, advanced in accordance .herewith to protect the security of this
Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the tepayment
of any future advances, pith interest thereon, made to Borrower by Lender purattant to paragraph 21' hereof (herein
"Future Advances" Borrower does hereby mortgage, grant and convey to Lender the following described property
located b the County of ST..LpCIg State of Florida:
condcainium parcel designated as Dnit 808 of SAND DOLLAR
VILLAS CO_ ltD0~M1,NILA~I D, according to the Declaration thereof,
- recorded June 4, 1980,_in Official Record Book 332, Page
1436, and Assendment thereto, recorded June 4, 1980, in Official
Record Book~332, Page 1501, all in St. Lucie County, Florida.Public Records.
5 RECt3YE8 s /D~_ 11! PAYMENT t1F TAXEi
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FtiwSia.NT TO ~iiAPTE:2 7t-1?A, ACit Of 11171.
RC6ER PORRAi
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which has the. address of...7A10 .South Stats. Road AlA..... • • • • • • ...Jensen .BQaeh
. tstnatl [C~b1
Florida (herein "Property Address"); .
[stay and Zlp coat'
Totst:'raEtt 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 to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said
property (or the leaselold 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 thztt Borrower will warrant and defend
generally the tick to the Property against all claims and demands, subject to any declarations. casements or restrictions
listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender
i interest in the Property.
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