HomeMy WebLinkAbout0926 THIS IS A BALLOON MORTGAGE AND TH8 FINAL PAYMENT OR THE ~
BALLOON DU8 UPON MATURITY IS $11,390.40 TOGETHER WITH \
ACCRUED INTBREST, IF ANY, AND ALL ADVANCEMENTS MADE BY '
THE MORTGAGEB UNDER THE TERMS OF THIS MORTGAGB This instrtunent was prepared by:
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MORTGAGE 655 COLORADO AVE . svITE 4
STUART, FLORIDA 33494
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THIS MORTGAGE is made this . / ..........day of J4~?Y
19~~.yy80., between the~~iM~~o~~rtgagor, ,TORN. E.. PSE~RCeE~t. AgNQ~ZQvLyA~tQA1tI~EQ. PIERCE,I.~h8u~eband .and. wd.Es • • • • •
..~"t~s~. !lA~.~.Kt~+~- ~/1N1~ ,~b , ,~I~ST ,GQMPAN~~~b'Fa~~R 1, Stuart, • Florida, .
a National Banking . Asso~ciatian, whose address is..Y.O.. IIra~tes • • • •
.2136... Stuart,. Flosida..33x494 (herein "Lender").
WHEREAS, Borrower is itldebted to Lender in the principal stun of S3ateen .Thousand • Eighs; Hundred.
. and. 1d0%1001t1titik~k~t~4#~~at*~*~*##~lt*~**~~##~~~.Ibllara, which indebtedness is evidenced by Borrower's
note dated. • • Judy • . • • • . • . •1980.. • .(herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on...J~y......... l9$S..... .
To $ECURB to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the
payment of aU other sums, with interest thereon, 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 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 bender the following described property
located in the County of........ S,t...Lucie State of Florida:
Condominium Parcel: Lot #931 of VENTURE OUT AT INDIAN RIVER, INC.,
a Condominitffi, according to the Declaration of Condominium thereof,
recorded in Official Records Book 201 at page 1402 et seq. of the
public records of St. Lucie County, Florida. As provided for by
the Condominium Act of the Statutes of the State of Florida (Chapter
711, Section 711.01, et seq., 1965, as amended) said description
- in this conveyance includes, but is not limited to, all appurtenances
to the condominium parcel above described, and including the undivided
interest in the cotttmon elements of said Condominium.
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Received 8 ti-a-==-~-~~~ Paymern Ot Taxes
D:.e On Class .'C.. mtang~bie Petsonai PaopartY.
Purst.ant To Chapter 71, 134. Acts Of 1lI71 C :
ROGER PORRAS
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~ which has the address of.. 931; •Fiphertt~n's ,Blvd,, , , , , , , , , , , , , , , , • Jensen ,Beach. • • • _ • , • . • • .
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..............Florida (herein "Property Address");
E tst.b and Zip Gods)
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ToceTHt:R 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 alt
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 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 exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
FLORIDA-1 to 4family-ells-.~ru~u/Fnutc uttlct~lart ttttsrnurElrt I~R _
l ~ BOOK JJU P6GE
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