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-"~°~` ''' MORTGAGE
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~~' (SHORT FORM
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N22050619
THIS MORTGAGE is made this 11 th day of March
19 $~ ~ between the Mortgaqor~ -1~-R 1 A NEGL I A~ A S I NGLE ADULT ~
(herein "Borrower"), and the Mortgagee~
CITIZENS FEDERAL $AVINGS AND LOAN ASS~IATION OF ST. LUGI~ GOUNTY, a cerpor~ti4n
organized and existing under the laws of the United States of America~ whose address is 1600 South Fed-
eral Highway~ City of Fort Rerce, County of St. Lucie, Swte of Florida, (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of Twenty-Seven Thousand
and No/ 100----------------------------------------- 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 ~r i 1 1, 2001
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 aqreements incorporated by reference hereinto;
and (e) the r~payment 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
dces hereby mortgage, qrant and convey to Lender the following descn'~:ed property located in the County
of St . Luc i e State of Florida:
Apartment D~ Building 1017, of PHASE 10, H16H POINT CONDOMINIUM
of FORT PIERCE, Section 2, according to the Declaration of Condo-
minium and exhibits attached thereto filed in O.R. Book 304, Page
~, 1396 and amendments as recorded in O.R. Book 327, Page 1123, of
~ the Public Records of=St. Lucie County, Florida.
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Together with all of the appurtenances to such apartment, the air
conditioning unit serving said apartment and all fixtures and
appliances located therein.
The mortgagor covenants that it and the association responsible
for the operation of this condominium will observe all of the
provisions of the Deciaration of Condominium which is above
described, and of the condominium Act, and will perform their
obligations under such Declaration and Act; and failure to do
so which is not cured within 30 days after notice given by the
mortgagee to the mortgagor and the association shall constitute
a default under the mortgage.
The PROMISSORY NOTE secured by this MORTGAGE contains renegotiable
interest rate provisions. The INTEREST RATE and MONTHLY PAYMENTS
called for by said Note are thus subject to adjustment.
which has the address of 1017 D H i g h Po i n t, Fo r t P i e rce
F 1 or i da 33450 (herein "Property Address"); (STREET) ~c~T.-~
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TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
ments, rights, appurtenances, 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. includinq replacements
and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage;
and all the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease-
holdj are herein referred to as the "Property".
Borrower covenants that Botrower is lawfully seised of the estate hereby conveyed and has the riqht
to mortqage, grant and convey the Property~ that the Property is unencumbered~ and that Borrower will
warrant and defend generally the tide to the Property against all claims and demands, subject to any declar-
ations, easements or restrictiona listed in a schedule of exceptions to coverage in any tide insurance policy
insurinq Lender's interest in the Property. ~
FLORI~A - 8HORT FORM - 1 to 4 Family - 9l/6 - FHLMC UNIFORM INSTRUMENT ~j'~ 3~ ~,~~~= s
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THIS INSTRUMENT WAS PREPAREO BY:
C1T12EN5 FEOERAI. 9AVINGf AND LOAN .
ASSOCIATION OF ST. LUCIE COUNTY
1~00 f. FEDERAL NIGNWAV, iT, r1ERCE, FLORIOA
C. R, MCOONAID. JR., GENERAL COUNlEL
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