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HomeMy WebLinkAbout0991 ~r~2 i • • ' . • 7-/ i . ~ ; '7313'70 . ~ t~~ ~ ~ SPACE ABOVE THIS UNH fOR RECORDER'S USE MORTGAGE A 101 r~s~ L ~ •THIS MORTGAGE ("S~curity Instrument") is given on OC'1'~88R 8 , 19 85. The mortgagor is RIGHARD RAHOOD AND SOSAN RAAOOD, HUSBAND AND WIFE, AND RAYMOND 1CAHOOD AND !lARILYN RAHOOD,~HOSBAND AND WIFB ("Borrower"). This Security Instrument is given to GDV FINANCIAL CORPORATION , which is organizod and exiuing under the laws of T8E STATS OF F'LORIDA ~ • and who~e addres+ ~s 1111 SOOTH BAYSHORS DRIVB, MIA!!I, FLORIDA 33131 Bonowe~ owa Ler.w~-.? ~ncipal sum of ~ FORTY SIX THOOSAND AN17 i~ivj iv~-== Dollars (U.S. S 46, 000 :0~ This debt is evidenced by Borrower's nae dated the ~ame date as this Security In~trument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable ~ NOVEMBER 1~ 2015 • 7'his Socurity [nstrum~nt secures to Lender: (a) the repayment of the debt evidenced by the Note, with intercst, and all renewals, extensions and modifications; (b) the payment of all other sums, with intercst, advar~ced under paregraph 7 to protect the security ni this Securiry Inurument; and (c) the performance o~ Borrower's covenants and agreements unckr this Savriry Inu~um~nt and the Note. For this purpose. Borrower does hercby mortgage. grant and convey to Lender the fdlowing dacribed property locatod in ST. LOCIE County, Florida: ONIT A-101 IN MIDPORT PLACE I, A CONDOMINIOM ACCORDING TO THE DECLARATION OF CONDOMINI01~! FILED JOLY 27; 1984 IN OR BOOR 439 PAGE 193 OF THE POBLIC RECORDS OF ST. LUCIB COUNTY, FLORIDA TOGETHER WITH ALL APPURTENANCES THERETO INCLIIDING AN UNDIQIDED INTLREST IN THE COM1rlON ELEMENTS AS SET FORTH YN THE DECLARATION. (0 ~ . ~ ln 'aynent Oi Texa! Received ~ . ~ ;~r~dl °r0;.ertY. , p~e Qn _ , , . - _ - Pu s. _ ~ , _ . .._s-~et 1971. . . . , ~ pQ~~'O_ ~ r'. I.:..1~~ :-0Ul~~ ~Ul,iC9~ CO-~ . Cf.. i t i i E ~ ~ ~ • ~ which has the addres~ of 1500 SE ROYAL GREEN CI~~ A101 ~ t ~ PORT ST. LUCIE FLORIDA ("Propcrty Adcirecs"); ~ ic~i>i E ' ~ TOGETHER WITH all the improvement~ now or tiereafter erected on the property, and all casements, rights, appurtenances, rents. € royakies, mineral, oil anci gas rights and profits, water right~ and uock and all fixtures now or hereaRer a pert of the property. All replacement. ~ and additions shall also be covered by this Securiry Irutrument. All of the foreRoirtg is referred to in thi~ Security Inurument as the "Property." ~ ` BORROWER COVENANTS that Borrower is lawfully scised of the eatate hereby conveyed ar?d has the right to mortgage, grant s and convey the Property and that the Propeny is unencumbered, except for encumbrances of record. Borrower warrants and will defend ~ ~ generally the title to the Property against all claims and demands, subject to any encumbrances of record. ~ ~ . THIS SECURITY 1NSTRUMENT combines uniform covenants for national u,e and non-uniform covenants with limited variationti ~ ~ by jurisdiction to constiwte a uniform security instrument covering real property. ~ This instrument w~ prcparcd by: D13I2@ M. LI7I~Ch ~ COMMUNITY TITLE AiGENCY, INC. a~~K~u1 FHt;E ~84 ~ 1111 SOUTH BAYSBORE DRIVE ~ ~lIAMI j F~,ORIDA 33131 ~ FLORIDA-Single Family-FNMAIFHLMC UNIFORM 1!l8TRUMENT Fwm 3ot0 12//a33 ~ ~ ~ VM~ COMtUTER FORMS. INC. lOYtN-7{22 OM ~0>1{t-MM ~ ~ ~ - ' . . . . . . , . . - _ . -