HomeMy WebLinkAbout0401 4y51 X22044679 ~ /
THIS INSTRUMENT NAS PREPARED BY:
C1T12EN5 FEDERAL SAVINGS AND LOAN
ASSOCIATION OF ST. LUCIE COUNTY
' Ii00 S. FEDERAL HIGHWAY, FT. PIENCE, FLORIDA
C. R. MCDONALD. lR.. GENERAL COUNSEL
MORTGAGE
(SHORT FORM]
THIS MORTGAGE is made this 30th day of - July ,
1 _$Q, between the Mortgagor, Marshall J. Besikof, A Married Adult and Michael J. Adams, -
Ma r r i ed Ad u 1 t (herein "Borrower"), and the Mortgagee,
C IZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
'anized and existing under the laws of the United States of America, whose address is 1600 South Fed-
e al Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of Seventy Nine Thousand
E i ht Hundred and no/ 100---------------------------Dollars, which indebtedness is evidenced
y Borrower's note dated (herein "Note"), providing for monthly
_ s installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay-
able on September 1 , 2010
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (b) tie payment of all- other sums, with interest thereon, advanced in accordance herewith to
protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower
herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto;
and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant to pazagxaph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower
does hereby mortgage, grant and convey to Lender the following described property located in the County
of _ S t. L u c i e State of Florida:.
Condominum Parcel No. 7166 of CATAMARAN 11, according to the Declaration of
Condominium thereof, dated July 11, 1980 and filed for recording July 15, 1980
in Official Records Book 334, Pages 2451 thru 2549 of the public records of
St. Lucie County, Florida.
Together with all of the Appurtenances to such apartment, all appliances
located therein, the air conditioning unit serving said apartment and all
fixtures and appliances located therein.
The mortgagor covenants that it individually and as a member of the association
responsible for the operation of this Condominium shall observe all the pro-
visions of the Declaration of Condominium which is above described and of the
Condominium Act, and will perform its obligation under such Declaration and
Act. A failure to do so which is not cured within thirty days after notice
given by the mortgagee to the mortgagor as an individual and as a member of
the association shall constitute a default under this mortgage.
~6, ~ d
' R~iy~ d in Payment 0i Taxes
D..e On Class "C" intangible Personal Property,
- ~ Pursuant To Chapter 71, 134, Aces Of 1971.
~ - ROGER PORRl13 • ~ yi: ~ f
~ 1 , ~ . Clnrh Ckcuk CauR U1oiR ca, /
E
which has the address of 2400 S . Ocean Drive Unit X7166, Catamaran I I ~ Fort P i -r P,
i Florida 33450 (herein "Property Address");. (STREET) ICIT~I)
TOGETHER with all the improvements now or hereafter erected- on the property, and all ease-
ments, 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 the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease-
= hold) aze herein referred to as the "Property".
i
b 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 declaz-
~ ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
insuring Lender's interest in the Property.
FLORIDA -SHORT FORM - 1 to 4 Fsmdy - 9lI6 - FHLMC UNIFORM INSTRUMENT ee~~++
Bt~(t)c)l) PAGE
_ € _ _ rF
-