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S.~ . ~ ~ This instrument was prepae~d by: . . . . . . ~. ~i
~~r ...................................... I .
MORTGAGE ~~~'~
THIS MORTGAGE is made this . . ,19TH . . , day of . T'iAF'i,CH . . . . . . . . . . . . . . .
l9. ~ ~ . betw•een the Iaortgagor.i~UWAFiU . J: . .fiEGA~l, Ai~lP .CLF~I~E ,~;fA~IE. .R~G(~N . . . . . . . . . . . . . . .
, HIS WIFE , thecein "Borrower"), and the Mortgagee. FI~:ST_ FEI!E~~,.AL , SPV~~lG~ , (~N~, , , , , ,
1;0A~! .AS80CIATIO~l. OF MAkTII!! COUPlTY ..... ,acorporationorganizedand
existingunde~thclawsof..... TNE UAlI7EI~ STATES UF AME~ICA,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
whoseaddressis. 989,SUUT1-I..FEUEF2AL.HI.GFIIJAI(,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
................. ...... . .
~~TUART, FLOFIDA. 33494 , , . . , . . , , . (herein "Lender").
........ ...... .. .......
WNEREAS. Borcow~e: is indebted to Lender in the principal sum ot~ U.S. S . 16000 .. 00 . . . . . . . . . . . . . . .
w•hich indebtedness is evidenceci by Borrow•er's note dated .. ~"~ARCH _ 1.9, 1981 and extensions and rene~•als
thereof lherein "Note"), providing t'or monthly inst:-Ilments of principal and intemst, w•ith the balance of the indebted-
ness, if not sooner paid, due and payable on ..~F'~I!_. O1, ...._ 1986 .._.
To SECU[tE to Lender the repayment of the indebtedness e~ idenced by the Note, w•ith interest thereon; the payTnent
of all other sums, with intetest thereon. advanced in accordance herewith to protect the security of this Mortgage; and
the pcrformance of the covenants and agreements of Borrower herein contained. Borrower does hereby mortgage, grant
and convey to L.ender the following desctibed property located in the County of .., ST., . LUCIE .,,,., State of
Florida:
C0~lItOMIi~IUM PARCEL 4, OCEANA OCEA~lFROt~T COh110I4IhIUM ONE.
ACCOf;DI~lG TO THE I~ECLAkATIOi~! OF COAlDOMI~lIU~1 fiECOF1IEU IT!
OFFICIAL RECOkL~ F00~ ~4~, FAGE 6~, A~lL~ AME~lUEI~ It~ OFFICI~lL.
kECOkU POOK ~53, FAGE 365, ~UFLIC RECORI~S O~ ST. LUCiE COUt~lTY,
FLOf:~I~A.
The failtire of the mortgagor herein to comply with and abide by, and to pay
all the assessments required of said mortgagor when due, pursuant to the
Declaration of Condominiuin of Oceana Oceanfront, as aforedescribed, and on
exhibit attached thereto, shall constitute an event of default under this mortgage.
SECOIVD MORTGAGE CLALTS~ -
It is intended that this mortgage will have equal ~tatus with that certain mortgage
between Edward J. Regan and Claire Marie Re~an, his wife, to ALT.state
, Enterprises Mortgage Corporation, dated December 29, 1976, and recorded
January 4, 1977, in Official Record F3ook 262, page 186, Public records of St.
-- Lucie County, Florida, and assigned by Loyola Federal Savings and Loan
Association by Assignment of NTortgage dated November 13, 1980, and filed for
~ record January lfi, 1981, in Official Records Rook 34fi, page 2849, public records,
afore~lrfiHS IMSTkUME~lT F'REF'AkELi RY=
~T~UART-MARTIT~ TiT! E C0. . IhC_
F'OST OFFICE E~OX 8b6, STUAf;T, FLA. 33494
' HY: UEF~SA A. SIGAFOOSE . 3,~.~~ .. . ,.~ •:,,ts
_ . ~ " _ i:'T:',
, :i~ :r Ia;{.
1.. T~02004578b : _~.. ~ .:;:~s ~
' . L~: ~.K G;:.U7 t,..Z..i. Si. t11.,f CO~ FL~~r'
_ RAT.T.C~(~\ 11r1ORTGAC~F. CLAUSE
This is a Balloon iVlortgage and the final paymenc or the Ralance due upon
maturity is 14, Q99. 28, together with accrued interest, if any, and all
advancements made by the mortgagee under the terms of this mortgage.
. ~
w•hich has the address of .y~q40~•S: •AlA•••••••••••••••• •••• .lE~lSE~!•PF~AGN••••••••-•-••• •
~Strat ~ (Gty ~
Florida . . ;;~q~~ . . . . . . . . . . . . . . . . . . .Iherein "Property Address"l:
~Lp Code~
TOGF'THER w~th all the improvements now of hereafter erected on the pmperty, and all easements, rights, ap-
p~irtenances and rents, all of which shall be deemed to be and remain a part of the pmperty covered by this Mortgage:
and all of the foregoing, together with said property (or the leasehold estate if this Mortgage is on a leasehold) are
hereinafter referred to as the-"Property."
Borrower covenants that Borrower is lawfully seiscd of the estate hereby conveyed and has the right to mortgage.
grant and convey the Property, and that the Property is unencumbered, except for encumbrances of record. Borrower
covenants that Borrov-er warrants and will defend generally the title to the Property against all claims and demands.
subject to encumbrances of record.
FLORIDA - HOME IMPROVEI~ENi - 1 i80 - FNYA/FFIUIC WIIFORY INSTRUMEIIT ~'~ ~1 ~
~c~x i psCE .,