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HomeMy WebLinkAbout1403 1~ /yam THIS INSTRUMENT N'AS PREPARED 8Y: 22046617 A SOC AT ON OFF ST56UCIE COUNTY AN Ii00 f. FEDERAL HIGNWAV, FT. PIERCE, FLORIDA C. R. MCDONALO, JR., GENERAL COUNSEL ~ • MORTGAGE (SHORT FORM) THIS MORTGAGE is made this 12th day of S e o t e m 6 e r 1980 ,between the Mortgagor, Richard A. Lyter and -Tanta Lvter, his wife (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the United States of America, whose address is 1600 South Fed- - eral 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 Ni nett' Four Thousand and No/00------------------------------------------ Dollars, which indebtedness is evidenced by Borrower's note dated (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay- able on Actnher ~ ~ zn~n TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the 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 paragraph 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 . Lucie State of Florida: i i Condominium Unit No. 701 of Sea Pines Towers, according to the - ' Declaration of Condominium thereof, dated December 20, 1977 and filed for recording January 24, 1978 in the Official Records Book 280, Pages 2622'through 2673 of the Public Records of -w St. Lucie County,~Florida. fa , . Q I Together with all of the appurtenances to such apartment, the - air conditioning unit serving said apartment and all fixtures " ' t and appliances located therein. The mortgagor covenants that it and-the association responsible j:~~'~~`f:i for the operat-ion of this condominium will observe all of the •Y'~_: f provisions of the Declaration of Condominium which is above _ described, and of the Condominium Act, and will perform their i obligations under such Declaration and Act; and a failure to do ~t- I so which is not cured within 30 days after notice given by the -1 mortgagee _totiiie mortgagor and the association shall constitute ~ ~`11~OD a default under this mortgage. RfCfl'/ED s ~g_ B~_ IN PA7wCE1tT Of T~ ~ t i £ { CiiE OY CLASt 'C' IN7RNG.SLE PEFSO .'.L P~ 4?ERTY, - - ° PG~~:,7ANT TO CH;.PTL9 71-:::4, RCTS Oi 1l71, CLEriI( gAUpT COYAT, ST. LW'~ CO. il~'~j~~ which has the address of 3200 North AIA, Apt. 701, Fort Pierce. Florida 3,450 ~ (herein "Property Address")' I:TREETI (CITYI ' r r ~ ~ TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, rights, appurtenar?ces, 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; I and all the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease- hold) 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 declar- 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 1 Farrlily - 9/76 - FHLMC UNIFORM INSTRUMENT a~ ~ P~ V~J~/