HomeMy WebLinkAbout0559NOTlCE TO BORROWER: THIS DOCUMENT CONTAINS
PROVISIONS FOR A VARIABLE lNTEREST RATF.. CHANGES
~ IN THE INTEREST RATE MAY AFFECT THE AMOUNT OF
EACH MONTHLY 1NSTALLMENT AND/OR THE TERM OF
THIS NOTE. SEE VARIABLE RATE RIDER ATTACHED TO
THIS MORTGAGE. ~'
MORTGAGE
(SHORT FORM)
5~1338 ,,,,~
~ ,~
'Ihic inclrumrnl Nr~ prrp:,rrJ hy:
.~. .. ,~... ..
PALLOT ~POPPELL, GOOD;fAN & SLOTNICK
1504 . ~~f X~~, ,~ .. Dµ~Qpt, . ~u~lding
Miami, Florida 33131 7 ~
~~.
_.
THISMORTGAGEismadethis~:...Six~eenth...---.•.davof...March•-•••••-•••--••••-••
19 . . $ ~ between the Mortgagor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _ . . . . . . . . . . . . . .
- . .. ~ - .- .y . .. . .. . . . (~hercin `Borrower"). and thc Mortgagee . .. . . . . .. .. . . . . . . . .
BISCAYNE FEDERAL, SAVINGS, ~~ND .I~oAN, ~SSOC~I~TIVNa a corporation organized and
eaisting under the laws of. . . . . , the.United ,States . . . . . . . . . . . . . . . whose address is. . . . . . . . . . . . . . . . . .
. ~7.~R .~iscam~ .~oulevaxd,. .Miaai,. F~.Qxida. . 331.32 . . . . . . . . . . . . . . . . . . (hercin "Lende: ').
WHEREAS, Borrower is indebtcd to Lender in thc principal sum of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- , _~~
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dollars. which indebtedness is evidenced by ~onower's
note dated. ~. . . . . . Mareh 16.,_ .19 81. _ . . _ . . (herein "Note), providing for monthly installments of principal and
interest until the entire indebtedness is fully paid.
To SECURe to l.end~r (a) the repayment of the indebtedness ~vi~icnced by the Note with interest tt~treun;
(b) the payment of all other sums, with interest thereon, advanced in acrordance herewith to protect the security
of this Mortgage; (c) the performance of the covenants and agreements of Borrower herein contained: (d) the per-
formance of the covenants and agreements incor~rated by refcrencc hereinto; ~nd (e) the repayment of any future
advances, with interest thereon, made to Borrower by Lender pur,uant to paragraph 21 hereof or inccrporated by
reference hereinto (herein "Future Advances"), Borrow~er dces hereby mortgage, grant and convey to Lender the
follo~t+ing described property la:ated in the County of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. _ . . , . : . . . . .'. . . . . . . .State of Florida:
- ~ . . . ~ .-, ' . :_1 j . _ .
. _. ~ ~ . . •_ _ -i-: . . ~ .
fin~~;,,n~i ~ f~~'~ ~
C~~n ,'~-. - . -... . .... . -
, - ' ~ . . .. . -
Ih" ~ . . .. .....: , ~ . . .
7• • . l• 't 'F,T
/7~J ~•
~
Together with ~11 gas and electric fixtures, radiators, heaters, air conditior.ing
equipment, machinery, boilers, ranges, elevators and motors, bath tubs, sinks,
water closets, water basins, pipes, faucets and other plumbing and heating fixtures,
mantels, refrigerating plants, refrigerators, window screens, screen doors,
venetian blinds, storm ~shutters, awnings and all additions and replacements thereto,
which are now or may hereafter pertain to or be used with, in or on said premises,
even though they be detached or detachable, are and sha21 be deemed to be fixtures
and accessions to the freetiold~ and a part of the realty.
which has the address of . . : .. :.. .:: . . .': . . . . . .
tstreeq [e~ey)
.
. . . . . . . . . . . . . . . . . . . . . . . . . . . ( herein "Propert}' Addresti'~ 1:
(State and tip Codel
( Documentary s[amps affixed to original Note and cancelled)
"TcwerHett wrth all the improvements now or hereatter crected on the pmperty, and all ea.rmrnt~, right>.
appurtenances, rents, royalties, mincral, oil and gas rights and profit~. ~~~ater, ~ti~atcr righ(ti. and u•atcr stcxk, an~i all
fixtu:es ne~w or hereafter attached to the property~, all of w•hich_ including replarrment: and ae'diti~m. th.retu. ,h:+ll tk
dermed to t~ and remain a part ~f the property crnereet h~~ thi. ~tc~rtgag~: and all ~~f the f~~rrg~~in~:. t~~~rthrr ~~~~h .:-i~!
propert~ (~r thc Ica~chul~i est;~tr if thi1 ti1ortgagc iti on a Icatirh~~ld) ar~ hcrrin rcfrrrcd to as thr "Prupcrt~".
Borrowrr covenant~ that Borrow~er iti lawfully~ .eitied ~~f the r~tatc hrreb~~ r~~mr~ed and ha. thr ri~hl t~~ mrrt~a~r.
grant an~l com~ey the Propert~~, that the Pro~erh is unencumtxreJ. an~f that Bc~rmw~cr will warrant :in~i ~lef~n~f
gcncrally thc title ta thc Propert}' against all claims and drm.ind`, s~ihjcct t~~ am• dr~larati~m~. ~a~~m~nt~ ~~r r~•~tnchc~n.
litited in •.: >chrdule of rxceptie~ns to co~~cra~e in an~ titlr in~uranc~ p~~lic~ intiuring Lrn~icr'. intrte.t sn thr Prt»~rt~.
FLORIDA~Kt Forw-1 to 4 F~mily~lli--fNIMC UMIfORM INSTRUMENT ~',`)'?I( ~~~„ f~~~E t~t~ ~~
AS REVISED BY BtSCA`IHE ffOFRAI FOR VARIABIE RATE MORT6AGE5 - U~0