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HomeMy WebLinkAbout0954 i t • . ~ 844412 . , . . ~.~J ; (.iu:1 •~l•, IG.:L ~ i ;c ' ~ ; ~~e~iwd t b'~ In P~+Yment OF Taxes { Due On Class ~~C' in~ana t~•. Personi~ Propetfy, Pursvan~ To Chap~or 71, 134, Acts 01 197L DOUGLAS OIXON, ~j Clerk Circuit Court, St. lucie, Ca, Fla~ 9~ ISpxe Abow This lint fa R~cord'in~ Oat~1 _ MORTGAGE LOAN~ 22133977 THIS MORTGAGE ("Security Instrument") is given on August 26 ' 19 87 "The mortgagor is a~ k~ a Rosemar ie Serra Ignatius C. Serra and Rose Marie Serra! His Wife (•'Bonower"). This Security Instrument is given to First Citizens Federal Savings b Loan Association • which is organized and eaisting under the laws of THE UNITED STATES OF AMLRICA , and whose address is 1600 S. Federal Highway Ft. Pieree, Florida 33450 ("I.ender"). Borrower owes Lender the principal sum of ' ~ Sixty thousand and NO/ 100------------------"------'----------~---`--y Dollars (L1.S. S 60 , 000 .00 'This debt is evidenced b Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly_payments, with the full debt, if not paid eariie~. due and payable on September 1, 2017 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note. with interest~ and all renewals. - eztensions and modifications; (b) the payment of all other sums, with interest, advanced undtr paragraph 7 to protoct the security of this Security Instrument; and (c) the performance of Borcower's covenants and agreements under this Security Instrument and the Notc. For this purpose. Borrower dces hereby mortgage, grant and convey to Lender the following described property located in . St . Lucie County, Florida: Unit 204 of TARPON BAY YACHT CLUB CONDOMINIUM G, according to the Declaration of Condominium dated December 12, 1980, and recorded in Official Records Book 346, Page 1098, Public Records of St. Lucie County, Florida; together with the undivided share of the common elemelnts of the Condominium declared in the Declaration to be appurtenant thereto; together with all appurtenances th'ereto, including, without limitation, the right of exclusive use of those areas, spaces '~I and portions of common elements of the Condominium, declared in the Declaration of Condominium to be limited common elements of the Unit. ~ 4 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 covenants that it, as a member of the association responsible for the representation of the condominium above noted, will observe all the provisions of the Declaration of Condominium, of the Condominium Act and will perform the obligation under such Declaration and Act; and a failure to do so which is not cured within thirty days after notice given by the mortgagee to mortgagor shall constitute a default of this mortgage. Mortgagor cpvenants that the property mortgaged herein is not the residence of the mortgagor, nor is contiguous to the residence of the mortgagor and is not mortgagor's homestead. whichhastheaddressof Unit G204, 3100 Pruitt Rd. , Port St. Lucie , [5treeU (c~~) Florida 33452 ("Property Addres.s"); ' ~z~e codel TOGETHER WITH all the improvements now or hereafter erected on the property, and aU easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water righfs and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BottrtowEtt CovEtvA~tTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, eacept for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any i encumbrances of record. ~ T}~IS SECUttlTV TNSTRUME:~T combines uniform covenants for national use and non-uniform covenants with ~ limited variations by jurisdiction to constitute a unitorm security instrument covering rea) propert . ~52 3 BOOK ~5~ PaG~ ~ ~ FLORIDA-single Family-FNMA/FHLMC UNIFQRM IHSTRUMENT Fotfi 3010 1~/S3 (FL) 187041 VMP MOflTGAGE fOFtMS • 1313?2938100 • 1800i621•7291 TM 'i l:..a~ y.~-a Y':.~r.._~.l~S- Jt'_ - _ _