HomeMy WebLinkAbout2954~ ~ . . .~~.4(~88 ~b~
M O RTGAG E
THE PROMISSORY NOTE SECURED BY THIS MORT(iAGE CONTAINS RENEtiOTIABLE INTEREST RATE
PROVISIONS. THE INTEREST RATE AND MONTHLY PAYMENTS CALIED FOR BY SAID NOT~ ARE THUS
SUBJECT TO ADJUSTMENT. ,~5~~0
THIS MORTGAGE is made th~~~''TH .day o~ JA~lUARY. 1991 belween Ihe Mortgagor,
~"1AFiGAFET ~"iAY, Aid UNhEMARhIED WIDOW
~herein"Borrower'-, and the Mortgagee. F~rst Federa! Sawngs and Loan Assoc~ation of Mart~n County. a corporat~on
organized and existing under the laws ot the United States ot Amenca, whose address is989 Soulh Fecleral H~ghway,
Stuart, Florida 33494 (herein "~ender').
WHEREAS, the Borrower is ~ndebted to Lender in the prmc~pal sum oT-~ ~ ~0000. 00)---
~---FIFTY THOUSA~lI~ ANU NO /!00 THS---
Dollars, which indebtedness ~s evidenced by Borrowers note dated JANUAFY 1~. 1981 ~here~n •~Note'),
a copy of which is attached and incorporated by relerence. prov~dec~ for monthly installments ot pnncipal and
~nterest, with the balance of the ~ndebtedness, if not sooner paid. due and payable on
FEBRUARY O1, t011.
TO SECURE to lender (~ the repayment of the indebledness evidenced by the Note, with interest thereon, the
payment of all other sums, with mterest thereon. advanced in accordance herewith to protect the secunty oi this Mort-
~age, and the performance ot the covenants and agreements ol Borrower he~e~n contained, and (b) the repayment ot
any tuture advances, with interest thereon, made to Borro~ver by lender pursuant to paragraph 21 hereof (herein
"Futu~e Advances"). Borrower does hereby mortgage, grant a~d convey to Lender the following described property
iocated in the County ot ST . LUC I E - _
State oi Florida:
U~lIT 801, TAFiFON PAY VILLAS. ACCOfiUIt~lG TO THE F'LAT THEFEOF
kECORI~EI~ I~~! F'LAT BOOh 20, F'AGE 15, OF THE FUPLIC kECOFUS OF ST.
LUCIE COUt~TY, FLORIUA.
a~c~o s/ao. oa IN ~AYME1fT ~ TAXEt
DUF 0?i CLRST 'C' t41~RG'9LE PERSONAL ~ROPERTY.
F0,-sSuNli TO .H:,TT~. 71- .4, ACTS OF 1~71.
fiUG.~i P~ITfiRS ~ ~
u~x n~cun coeaT, sr. ~uc~ co, Fu-.~
~ i
, .I' , ; .
THIS INSTf~~JMENT F'FEF'Af:EL~ bY:
FIFfST FEItEFAL SAVI~~lG:i AAlU LOAT~!
ASSOC3ATIOT! OF MAFTI~! COUi~TY
FO BOX 989, STUAf:T. FLA. 33494
F.tY: ~1AkY K. HALLICY
LOA~! NUM&EF: 00200~0810
wh~ch has the add~ess of ~L100 MITCHE.LL AVE. .#801. F'~F:T ST. LUCIE, FLOkII~A 3345~
~ Sueen , ~.•y,
(here~n "Property Address"1.
: Srate ana I~c Cwp
TOGETHER w~th all the ~mprovements now or hereat;er erected on the property, and all easements. r~ghts.
appurtenances. rents, royatties, mineral. oil and gas rights and protits, water, water rights. and wate-stock, and all fix-
tures 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 co; ered by this Mortgage: and aIl oi the toregoing, together w~th sa~~+
property (or lhe leasehold estate if this Nortgage ~s on a leasehold) are herem reierred to as the "Property'.
Borrower covenants that Borrower ~s lawfully ;eised of the estate hereby conveyed and has the right to mortgage.
grant and convey the Property, that the Property is unencumbered. and t~e Borrower w~ll warrant and detend generally
the t~tle to the Property aga~nst all cla~ms and demands. sub~ect to any declarat~ons. easemenis or restrictions listed
~n a schedule of except~ons to coverage ~n any title ~nsurance pol~cy ~nsunng Lender s~nterest ~n ihe Property.
RENEGOTIABLE RATE FFMC (6/80) B~1~K346 PAGE2949
,