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HomeMy WebLinkAbout1169~~ ~.;~9'7 l ,,~ ~ . . ~r~ i i~~~1 MORTGAGE THIS MORTGAGE is made thisi ~~H day ot ~ECEMBER. 1980 ~ J ~ V .~:~ Md, ~' MORRIS RUBELL Ai~D ELAINE RUPELL , HIS WIFE between the Mortgagor. (herein ~~Borrower'-, and the Mortgagee, First Federal Savings and Laan Association of Ma~tin County, a corporation organized and existing under the laws of the Unitec! States of Amenca, wh~se address is 989 South Federal Highway, Stuart. Florida 33494 (herein "Lender'-. WHEREAS. Borrower is indebted to Lender in the principal sum ot -"" ~: 92000. 00) ----NI~lETY-TWO THOUSA~lD Ai~D NO /100 THS--- Doltars, which indebtedness is evidenced by Bo~rowers note dated ~ECEMBER 10, 1990 ~herein "Note'1. provided for monthly installments ot principal and interest, wdh the balance of the indebtedness, if not sooner paid, due and payable on JANUARY 01. t01'.C. TO SECURE to Lender (a) the repayment ot the indebtedness ev~denced by the Note, with interest thereon, the payment of a11 other sums. with interest thereon, advanced in accordance herewith to protect the security ol this Mort- gage, and the performance ot the covenants and agreements of Borrower here~n conta~ned, and (t~ the repayment ot any future advances, with interest lhereon, made to Borrower Cy Lender pursuant to paragraph 21 hereol (herem'~Future Advances"). Borrower dces hereby mortgage. grant and convey to Lender the following described property located ~n the Counry ot MART I T~! State ot Florida: UhIT 703. HUTCHINSON ISLANL CLUb. ACCORDI~lG 70 THE LECLAkATION OF CONUOMIi~IUM THEREOF. RECORUEU IM OFFICIAL F:ECORDS BOOK 254, AT PAGE 2128, ANU AkY AMENDMENTS THERETO, OF THE PUHLIC kECORI~S -- OF ST. LUCIE COUTlTY. FLOaIDA. ~•~THE FAILURE OF THE MORTGAGOk HEREIh TO COMPLY WITH ATlU ABIUE ~ BY, Ai~U TO RAY ALL THE ASSESSMENTS kEQUIkEU OF SAID MORTGAGOR WHEN DUE. RURSUANT TO THE DECLARATIO~! OF COI~DO~fINIUM OF HUTCHIhSOh ISLAi~lU CLUB, ~ AS AFOFiEDESCkIHEU ATlU 01~! EXHYbIT THERETO, SHALL CONSTITUTE Ai~! EVENT UF DEFAULT Ui~LEk THIS MORTGAGE. THIS INSTkUMENT PREPAkEI~ BY: FIkST FEDERAI. SAVINGS A~lL LOAN ASSOCIATION OF MARTIh COUAlTY F.O. POX 9@9, STUART. FLA. 33494 BY= MAFY B. HALLICY L1~! #0020049154 which has the address ot ~ _"'b* - - ~~4tiC~ . oc ~t'~~ ro C~`~~' p~ `~ R ~i• ~ ~'l oi ~°j~" ~,~'~°hw. T~e~ ~` ~~ ~y~~ ~ ~ ` ~. / 10410 AlA # 703, JEI~SEN 6EACH, FLOFtIUA 334~7 IS~reeq (herein "Property Address"-; IState and Z~p Code1 IC~tyl TOGETNER with all the improvements now or hereatler erected on the property. and all easemenis. nghts. appurte- nances. rents. royalties. mineral, oil and gas rights and proiits, water, water rights. and water stock. and all fixtures now or here atter attached to the property, all oi which, including repSacements and addit~ons thereto. shall be deemeci to be and remain a part ot the property covered by lhis Morigage: and all ot the (oregoing, together with said property~or the leasehold estate ~t tn~s Mortgage ~s on a IeaseholdJ are herem referred to as the "Prope~ty' Borrower covenants that Borrower is lawfulty seised of the estate hereby conveyed and has the righlto mortgage, grant and convey the Property. that the Property ~s unencumbered, and the Borrower w~ll warrant and defend generalfy the t~tle to tne Property against a't claims and demands. sub~ect to any declarations, easements or restr~ct~ons i~sted m a schedule of ; except~ons to coverage in any title msusance policy ~nsunng Lender s ~nterest m the Property. g~~~~~ ~~GE~~~ 1 FLORIDA ~ rn 4 Fam~~y - FNMA/FHLMC UNIFORM INSTRUMENT A-309A 6/79 -- _ '~~'r.x?~s':~~~v~.:.~_..~ r . .._ -- -3 - - -- - .~~.:~s . r'~S~