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HomeMy WebLinkAbout0951 . ~ 3~~0 1 r~ • • ~ ~ . ~ 731356 ~ ~ ~ ~ SPACE ABOVE THIS LINE FOR RECOROER'S USE ` MORTGAGE ~-l0 8 t?~ I I THIS MOR7'GAGE ("Socurity Instrument") is given on OCTOBER 19 . 19 85 . The mortgagor 15 OT'1~0 L. WALLEND AND ESTBER WALLEND. 80SBAND AND WIFE ("Borrower"}. This Security lnstrument is givcn to GDV FINANC'IAL CORPORATION . which is organized and existing under the laws of- q+gg $TATE OF FLORIDA . and who~e addres~ is 1111 SOUTH BAY580RE DRIVE, I~+IIAMi, FLORIDA 33131 Borrower ow~s Lender the principai sum of. FORTY 7.i~10 THOUSAND AND NO/100--- Dollars (U.S. S 42 ~ 000 This debt is evidenceci by Borrower's note dated the sarne date as this Security Irtstrument ("Note"'), which provides for monthiy paymcnts, with the fulf debt. if not paid earlier, due and payaDle °D NOVEMBER 1~ ZOZ S • This Securiry ln~trumeni secure~ to l.endtr. (a) the rcpayment of the debt evidenced by the Not~, with interest, and all rerKwals, eatensions and mociifications: (b) the payment of all ahe~ sums, with intercst, advariced under paragraph 7 to protect the security of this Sccurity Instrumeat; and (c) the performance of Borrower's cov~nants and agreements under this Security ltutrurntnt ud the Nott. For this purpose. Borrower ~*.gaoP, grant and convey to Lender ths folbwing described ~OC~Od ST. LDCIE County, Florida: UNIT I-108 IN MIDPORT PLACE II A CONDOMINIUM, ACCORDING ~0 THE DEL"LP~ATI~N C~F CONDOMINIOM FILED APRIL 15, 19$5 IN OR BOOR 461 PAGE 1184 OF THE PUBLIC RECORDS OF ST. LOCIE COIINTY, FLORIDA TOGETHER WITB ALL APPDRTENANCES THERETsO INCLQDING -AN UNDZViDED INTERFST IN~ THE COl~IMON ELF~lENTS AS ~ SET FORTH IN T8E DECLARATZON ~ Z-- •c~ a~vm~~,~ (Si ~'ax~s Du~ On C a4s r :~s~n~t Fro,.ar.Y~ Fu s_~rt! To .,_:s Of 1!?~l . _ ER ~~li! i R:,S p,~ Qi _ ~IrC.:lt ~GUPti SL, LIJCjA~ ~O.ir~y which has the address of 1540 S. E. ROYAL GREEN C~,~.~ I108 PORT ST. LOCIE ~ ~~c~ ("Property Addre.s"1; , ,c~t , FLORIDA . TOGETHER WIi'H aN the improvements now or hereafier erected on the property, and all ca+emcnts, righ~s, appurtenances. rent,. royalties, mineral, oil and gas rights and profits, water rights and stock and all fixture~ now or hereafter a part of the propeny. All replacemen~c ' ard additions shal! also be covered by this Security Instrument. All of the forgoing i~ referrecl to in thi~ Security t7urument as the "PmQerty." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Proptrty and that the Property is unencumbered, ezcept for encumbrances of record. Borrower warrants and will defend generally the titte to the Propeny against all claim~ and demands, subject to any encumbrance~ of record. ~ TH(S SECURITY tNSTRUMENT combines uniform covenants for natiorsal use and non-uniform covena~ts with limited variations by jurisdiction to constitute a uniform security in~trument coveriag real propeny. This instrument was prepared by: D1dI3~L M. LyTK~l COI~lMONITY TITLE A~GENCY, INC. ~i~~K 4C71, F~~E llll SOOTH BAYS80RE DRIVE MIAl~lI, FLORIDA 33131 FLORIDA--Single Family--FNMA/FHLMC UNIFORM INSTRUMENT Fon„ 3oto 12ft3 VM1 COWUTQR FOI~MS. INC. IO}~~(..~l7 pR ~0?3~1-MM