HomeMy WebLinkAbout2430~i3 • ~~ ST-42 ,191 1~ r
MORTGAGE ~ ~~~i~ ~ ~ ~g,~o
THE PROM1880RY NOTE SECURED BY THIS MORTOAQE CONTAINS RENEGOTIABIE INTEREST RATE
PROYISIONS. TNE INTEREST RATE AND MONTHLY PAYMENTS CALLED FOR 8Y SAID NOTE ARE THUS
SUBJECT TO AOJUSTNIENT. .
THIS MORTGAGE ~s made thic :L3TH day ot JANUARY, 1981 between the Mortgago~.
DWAYNE F. FLEENER A~lU CHERYL W. FI.EENER, HIS WIFE
~herein"Borrower'), and the Mortgagee. First Federal Sawngs and Laan Ass~c~at~on of Mart~n County, a corporat~on
organized and existing under the laws of the United States of Amer~ca. whose address is 989 South Federal Highway.
Stuart, Florida 33494 (herein "Lende~').
WHEREAS, the Borrower is ~ndebted to Lender ~n the pnncipal sum of-- ( t- b~600. 00) ---
----SIXTY-FIVE THOUSA~lP SIX HUNDREI~ AND NO ~/100 THS---
Dollars. which indebtedness is evidenced by Borrowers note dated JANLIARY 13, 19~11 (herein ~~Note'-.
a copy ot which is attached and incorporaled by reference. provided tor monthly installments of prmcipal and
~nterest, with the bafance of the ~ndebtedness, if not sooner pa~d, due and payable on
FEBRUARY 01. 2011 _
TO SECURE to lender (a) the repayment of the indebtedness evidenced by the No!e, w~th interest thereon, the
payment ot all other sums, with ~nterest thereon, advanced ~n accordance herewith lo protect the security oi th~s Murt-
gage, and the performance ol the covenants and agreements ot Borrower here~n contained, andlb) the repayment ot
any tuture advances. with interest thereon, made to Borrower by Lender pursuant to paragraph 2t hereof (here~n
~~Future Advances"-. Borrowe~ does hereby mortgage, grant and convey to Lencier the following described property
Iocated in the County of ST . LUC I E
State of Florida:
DWELLING UNIT 704A, ATLANTIS CONLIOMINIUM, BUILUING A, ACCORDI~lG
TO THE GECI.ARATION OF CONDOHINIUIi, DATED THE ~1ST UAY OF
DECEMbEk, 1977. ATlL~ FILEU FOR RECOkL~ OP~! THE 6TH I~AY OF JAMUARY,
1978, IN OFFICIAL aECOkI~S P00~ ~80. PAGES 90 ANL~ 136, IhCLUSIVE,
PUBLIC kECOkDS OF ST. LUCIE COUNTY, TOGETHEk WITH THE U~lDIVIUEt~
IMTEREST Ih COMMON ELEMEhTS DECI.AREL~ IN SAIG UECLARATION OF
CONQOMIMIUM TO BE AM APPUkTETlATlCE TO THE ABOVE UESCRIFED
DWELLING UNIT_
TNE F-AILURE OF THE MORTGAGEOR HEkEIN TO COMPLY WITH AT~lD At~IUE
I~Y. ANU TO FAY ALL THE ASSESSMENTS kEQUIkEU OF SAID MOFTGAGOR
WHEN DUE. PUFcSUANT TO THE UECLAkATIO~! OF CONI~O~iI~lIUM OF
ATLA~lTIS,
F~S AFOFEUESCRIbED AHI1 ON EXNIPIT THERETO, SHALL CONSTI7UTE AN
~VE~lT OF I~EFAULT UNUER THIS MORTGAGE. -
THIS INSTRUME~lT PREPAkEU BY:
fiTUART-~'IAkTIN TITLE C0. , I~IC.
POST OFFICE HOX 866. STUAkT, FLA. 33494
~iY : UEbRA A_ S I GAFOOSE ~~o =~ 3~, ~2 0 ~-~r!ETIT QF TAXEs
CU`_ CV ClRSS 'C' L'tT~''; E!~ P~GS2~I'tl RROPERTY.
I_~0200 i03ib FU:.S~JJIi 10 CR:.PTi+ 71-•":4, kCTS Of 1lII.
R;iG~~ P~ITRRS
CL[AA ptGlpT COIIRT, ST. LN~:tE C0, FLA. S~ ~'
~vhich has the address ot 1010~ S. AlA, 704-A. JENSEN bEACH, FLOf;IUA 334~7
~s~~~o ~c,Tr
~Sia~e a~+O I~o Cc.cfe+
(herein "Property Address`'-.
TOGETHER w~th all the ~mprovements now or hereafter erected on the property. and all easements. rights.
appurtenances. rents, royalt~es. mineral. oil and gas rights and protits, water, water rights. and water stock. and all t~x-
tures now or hereatter attached to the property. all of which, including replacemenls and additions thereto. shall be
deemed to be and remain a part of the property covered by this Mortgage: and all of the [oregomg, together w~th satd
property (or the leasehold estate ii this Mortgage ~s an a leaseholcq are herem reterred to as the "Property'.
~ Borrower covenants that Borrower is lawfully se~sed ot the estate hereby canveyed and has the r~ght to mortgage. i,
grant and convey the Property, that the Property is unencumbered. and the Borrower will warrant and defend generally ~,
the t~tle to the Property aga~nst all cla~ms and demands, sub~ect to any declarat~ons, easements or restnctions listed
m a schedule of except~ons to coverage in any 1~tle insurance policy insunng Lenders interest in the Property.
RENEGOTIABLE RATE FFMC (8/80) g~~K:346 PdGE2426 ~
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