HomeMy WebLinkAbout2457THIS IS A BALLOON MORTGAGE AND TNE FINAL PAYMENT OR TH~ s~~~
BALLOON DUE UPON MATURITY IS $46,500.00, TOGETNER WITH
ACCRUED INTEREST, IF ANY, AND pLL ADVANCEMENTS MADE BY ~~~~~ a~ p~p~ by:
THE MORTGpGEE UNAER THE TERMS OF TH~S MORTGAGE. First National Bank 6
~Trust~ Coai~aciy~ of Stuar,t
... . ... .. . ..
8'~H1S MORTGAGE is made . . . . . . . . . . . . . day of . . March . . . . . . . . . . . . . . . . . . . . ~
19. . . ., betwa~ the Mortgagor, . ~b~b' b ; : B~F1N~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . (herein "Botrower")~ and the Mortgagee. . . . . . . . . . . . . . .
• •FItiST. NATWNAL •BA~1K. AND • •TRUST. COMRANY. ~0~ ~8~'1lAR~
~,~~~Flor~ida ~~~~495 1 .Banki~, Associat3~on . . . . ., N-hose address isi`p,.Q..DFs~W~X . . . .
.... ..tuart ......................................................(herein I.eade~').
WHBREAS, Bonower is i bt o Lender in the principal sum of.FIFTY, THOUSAND, AND ,I~Q~~QO; ;-----,
---------------------~~, ~~. 00------------ .~ttars. which indebtedness is evidencod by Borrower's
note dated . . M$Fch , ,~~, , _ , .1981. , , , , ~~~~n "Note")~ pr~oviding for monthly installment~ principal and
interest, with the balance of the indebtedness. if Rot sooner paid, due and payable on. I"Iar~h. .S. ....., 1~86 ,,,,
...............~.....;
To SecuR~ to Lender (a) the repayment of the indcbtedness evidenced by the Note~ with interest t6ereon, the
oav~nent of all other sums, with interest thereon. advanced in accordance henwith to protect the security of this
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Mortgage, and the perfotmance of the oovenants and agrcemants of Borrower hecein oontained, and (b) the repayment
of any future advances, with interest thereon. made to Borrower by Lender purauant to paragraph 21 her~eot (herein
"Future Advances"), Homower dces hereby mongage, grant and convey to Lender the following described property
located in the County of. . . . . St: ,Lucie . . . . . .. .. . . . . .. .. .. .. .. .. State of Plorida;
A condomiaium parcel designated as Unit No. 502 of SAND DOLLAR VILLAS
CONDUMINIUM E, according to the Declaration thereof, dated January 30,
1981, recorded February 13, 1981, in Official Record Book 348, page
1585, public records of St. Lucie County, Florida.
~'^^-'FD s /00.00 IN PAYfEfNT QF TA~'t
E',.': 0:1 Cl4~S 'C' t,tja;;6 31E P~RS~tiAL -AOPEit1Y~
PUtSJAlIT TO [N:.?T~. 71-~:•4, ACiS Of M71.
R.GE3 FiITr'.AS
C1f~K CItGUT CCORT. ST. W~IE CO.~ F1~.g~ ~
MORTGAGE
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whichhastheaddressof... 10044.South AlA,,,,,,,,,,,,,,,,,,,,,,~ _Jensen Beach,,,,,,.,,,,...
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tstn.t] tc,ib]
.Florida . ,33457, . , . . . . . . . . ~~~ ~~property Address");
tsaa «w zro coa.l
ToccrrNeR with all the improvements now or hereafter erected ~n the property, and all ease~nents, sights,
appurtenanccs, ccnts. royalties, mioeral, oi! and gas righis and profits, water. water rights, and water stock, and all
fixtures now or hereafier attached to the property, ali of which, including replacements and additions thereto, shall be
deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said
property (or the leasehold estate if this Mortg,age is on a leasehold) are herein referred to az the "Prop~rty".
~ Borrower covenants that Bonower is lawfully seised of the estate hereby conveyed and has the right to mortgage.
grant and convey the Property, that the Property is unencumbered, and that Borcower wilt warrant and defend
~ generally the tiQe to the Property ag~inst aU claims and demands, subject to any declarations, easements or restrictions
listed in a schedule of exceptions to coverage ie any title insurance policy insuring Lendei s interest in the Property.
FLORIQA-i to 1 Fsmilr-6J15-fMMA/FNIMC UMIF0~11 INtTRUMENT
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