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MQRTGAGE
THISMORTGAGEismadethi~ 2~th dayol February, 1981 hetweentheMo+tgagor,
MONAMi~1AU FARIVAR AND MASUMEH FARIVAR. HIS WIFE
{here~r~ "Borrower'1. and the Mortgagee. F~rst Federal Sav~ngs and Loan Assoc~at~on o( Mart~n County. a corporahon
organ~zed and ex~st~ng unde~ the laws ot the Un~ted States ot Amenca. wnose adtlress ~s 989 Sou1h Federal Highway, Stuart.
Ftor~da 33494 (herem ~~Lender"1.
WiiEREAS. Borrowe- ~s mdebteci to Lender :n Ihe pnnc~pal sum of --- (~ 1~Q000. 00 )---
~----U~lE HIINLRED TWEAlTY-FOUF THOUSATlU ANI~ ~!0 /100 THS---
Dollars. wh~ch ~ndebtedness ~s ev~denced by 8orrowers note dated February 27, 1981 (herem ~~Note"-
prov~ded tor monthly ~nstatlments ot pnnc-pal and interest, w~th the balance of the ~ndebtedness, it not sooner pa~d. due and
payab~eon AF'FIL O1. .^•_001.
TO SECURE to Lender ja) the repayment of the ~ndebtedness ev~denced by the Note, w~th ~nterest tRereon, the
payment ot all other sums. w~th ~nterest thereon advanced in accordance herew~th to protect the secur~ty of th~s Mor,-
gaye. and the performance of Ihe covenants and agreements of Borrower nere~n conta~ned. and ~b) the repaymer.t of
any future advances, w~th interest thereon. made lo Borrower by Lende~ pursuant to paragraph 21 hereot (herem ~~Future
Advances"-. Borrower does hereby mo-tgage. grant and convey to Lender the toi-ow~ng descr~bed pr~perty located in the
Countyot ST. LUCIE
State ot Flor~da:
'THAT CERTHI~! CONUOMIi~lIUtyi PAkCEL. BEING UNIT TlO. 301, A
CONDOMINIUM I~~! ACCt?RUA~~CE WI3H At~tI~ SUgJECT TQ THE COVENAi~TB,
COi~L~ITIONS, RESTRICTIO~lS; TEkhiS ATlD OTHER RkOVISIO~lS OF TNAT~
'DECLAkATIOh OF CONLIOMINIUM FOR HUTCNINSON ISLAND CLUb. A
CONAOMINIUM' ~iECO~tUEU IN O.R. b00~ 2~4, FAGE ~1~8, ET.SEQ.,
F~UBLIC RECOFDS OF SAID COUNTY ANU ALL AMEhGMENTS THERETO,
:IJ~CLUUITlG AN UhDIVIDEI~ I~lTEREST IN THE COMMON ELEMEi~TS OF SAID
CONI~OMIHIUM ~AS SET FORTH IN SAIU I~ECLAFtATIO~! A5 AMENPEU.
~THE FAILUFE OF THE MOF:TGAGOk HEREIT! TG COMF'LY WITH AAlD AHIUE
~Y. AAlU TO F'AY ALL THE ASSESSME~lTS kE.[~UIFtED OF SAIU MOnTGAGrJk
~JHE~! I~UE. F'U~iSUANT TO TNE I~ECLARATIOh OF COhDOMI~lIUM OF
1-~UTCHINSOh ISLANG CLUB.
AS AFOREDESCRIbED AND Ot~ EXHIBIT THEkETO, SHALL COMSTITUTE Ah
EVENT OF IIEFAULT UMDEk THIS MOkTGAGE.
/ ~THIS IAlSTRUMENT PREFAkEU bY:
~ ~ ~IkST FEUEkAL SAVIhGS ANL~ LOAN
'._ ASSOCIATIOh OF MAkTI~! COUMTY
1='.0. BOX 989. STUAkT. FLA. 33494 p~~
bY= MAFY B. HALLICY ~y0 ~ ..; JtTaxes
Ra'. ~
I.. ~) #OQc^.(~n._~.?7(~9 ~t,,< <,~ : ~•. ,onal P1ropMtl/.
7- t:: ~~,; ~ s4. Acts Of 1~11.
Pursuani ~ -
~ ROGER P017RAS ~~~[
~k Ckwit Couh. S~- Luci~. Co.. FI~. ~v
1041G A1A. JE~lSE~! FEACH. FLOKIUA 334~7
wn~ch has the address of
• ~Streen iC,th
~here~n 'Properiy Address").
~State an~f Z,p Code;
TOGFTHER w~th aU the ~mprovements now or hereafter e~ected on the property. and aIl easements r~ghts app~~rP
nances. rents royalt~es. mmerat. o~! and gas nghts and prof~ts. water. water r~ghts, and water stock. and all f~xtures now or hefe-
after attached to the property, aii ct wh~ch. ~ncludmg replacements and add~ticns thereto. shaii be deemed to be and rema~n
a part of she propeny covered by th~s Mortgage, and ail of the torego~ng, together w~th sa~d property ~or the leasehold estate
:t tn;s Mortgage ~s on a teasehold) are here~n referred to as !he "Property".
Borrower covenants that Borrower ~s iawfully se~sed ot the estate hereby conveyed and has the nght to mortgage g-ant
anri convey the Property, that the Property is unencumbered. and the Borrower w~ll warrant and defend ge~eraliy the t~t~e to
the Property aya~nst atl cla~ms and demands. sub~ect lo any declarahons,.easements or resU~ct~ons I~sted m a schedulP o}
except~nns to coverage ~n any t~ti~ insu-ance poi~cy ~nsu.'ing Lender s mterest m fhe Property ,~R
~ 5~~x34~ P~UE25~5
~ FIORIDA -+~~ 4 Fam~~y - FNMA/FHLMC UNIFORM INSTRUMENT A 309A 6- 7~
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