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RECEJYED s ~ ~• ~ ~ _ 1~ -AriEIfT Oi•TA~t
GU: o~l Cl! si ~C~ MT~,r6.eLE ~tASON~t -ROPERTY,
FU~~S~1ilIT TO tN~Tii1 11-13~, ACTi OF 1~71.
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5~2194 ?HIS Itv~iNUMENT lf~'ASPREPAREO BY
C171llNS ~ t U/ NAL SAVIHt.S ANU LOAN
ASSOUA710N 01 S! l.tJCll LOUNi V
IOOG S. ~ El)fffAl N14NWAV, ~~T. PIlHCl, it.ON{I)A
C. H. MCUONALU. 1N., 4tNl.ftAL COUNSFL
RENEGOTIABLE RATE
MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this _ 20th day of MARCH ,
19 $~ , between the Mortgagor, GERALD CEREGHI NO and MARY CEREGH INO, h i s wi fe,
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LO/~N ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organized and existing under the laws of the United States o[ America, whose address is 1600 South Fed-
eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"). ~
WHEREI~S, Borrower is indebted to Lender in the principal sum of TWELVE THOUSAND F I`!E
NUNDRED AND NO/100------------- _------------------~p~lars, which indebtedness isevidenced
by Bonower's note dated March ~0, 198t (herein "Note"), providing for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay-
able dn Apr 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 Mortgaqe; (c) the performance of the covenants and aqreements of Borrower
herein contained; (d) the performance of the covenan~ and aqreements incorporated by refecence hereinto;
and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant to paraqraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower
dces hereby mortgage, qrant and convey to Lender the following described pTOperty located in the County
of ~~ i nt Luc i e State of Florida:
Apartment No. ~, Buildir~g iVo. 414, of NIGH POINi OF FORT
n~rnrr rnun~+u~u~~u• f`ff`T~~~.
1~ Li~~, l l. Vl~livl i i ~i i i/ll ,~L~, 1 i vn i~ d l.Ui W V~If i f 1 1 U~~1 d~w~ u i ny L1!
the Oeclaratior of Condominium dated August 1, 1974 and
filedfor recording on August 13, i974 in Official Records
Book 230, Payes 2201 through 22$5 of the Public Records
of St. lucie County, Florida.
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 covenanLs that i[ and the association re-
sponsible for the operation of [his condominium ti•~iil ob-
serve all of the pruvisions fof the ~eclaration of Condo-
r,ini~~r, which is above ~iescribed, and of th~ Condomirium
Act, and will perfo~r, their obliqations unJer such De-
clarat~on and Act; and a failure to do so which is not cured
within 30 days after notice given by tt~e mortgagee to the
r*iortgagor and the association shall cons[itute a default
under this mortgage.
"~ The PROMISSORY NQTE secured by this NORTGAGE c~ntains rene-
gotiable interest rate provision~. The (NTEREST RATE and
MONTH~Y PAYMENTS called for by said Note a:e thus sutsject• ~
to ad;ustment. '
which has the address of H i gh Po i n t ConcJom i n i um, j22 Sout h Fede ra 1 Ha~y . Apt . A, For t
Pierce, Florida 33450 __ (herein "Property Address"); (STR[ET~ ic~T~~
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
ments, riqhts, appurtenances, rents, ;oyalties, mineral, oil and yas rights and profits, water, water rights, and
water stock, and all fixtures now ~r hereafter attached to the property, alI of whicti, includinq replacements
and additions theretc, shatl be de2med to be and remain a part of the property covered by this Mortqage;
and all the foreqoing, 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 Borrower is lawfully seised of the estate hereby conveyed and has the right
to mortgage, qrant and cor~vey the Property, that the Property is unencumbered, and that Borrower will
warrant and defend generally the title to the Property against all claims and demands, subject to any declar-
ations, easements or restrictions listed in a schedule uf exceptions to coverage in any title inswance policv
insuring Lender's interest in the Property.
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FLORIDA - SHORT fORM - 1 to 4 F~mdy - 9l76 - fMLMC UNIFORM IhSTRUMENT ~,~
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