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~j7' NORTHRIDGB, CA 91328
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uont~ ~ourrr s 62, 000, oo _ Martgage Deed 'wuv r~o. 0-577466-8 C~
u1DJUSTABLE u+TEREST w?h)
THIS MORTGAGE DEED, made this 0 2ND day of. NOVEMB$R, 198 7 ~~~n
J~~1 J. B~.IBS AI~D QB'80RAH R. BSLI~3Si HIS WIFS
~ . , herein called "Mortgagor"~
whose addre~,s is 6 S I C KL$ ROAI~ , BMMAUS , PA 18 0 4 9 .
(tV~,mber u~d strcec) tCitr) cstace) (Zip Goc1e)
and GRFATVi~FSTERN SAVINGS~ a Federal Savlqg,s and Lo~n Association, a Unlted States eorporation~ herein called
`'Mortgagee"~ WITNESSETI-I: That Moctgagor Irc~vocably grants, transfers~ and assigns to Mortgagee. that certaln real
praperty located In ST. LUCII3 County~ Florida, described as:
• CONDOMINIUt4 PARCEL D$SIGNAT$D AS UNIT 712 OF OCLAN HARBOUR CODTDOMINIUM A,
~ ACCORDING TO THL DECLARATION THERSOF RSCOI2DBD SSPTBMBER 11~ 1980~ IN
OFFICIAL R$CORDS BOOR 338, PAGE 1356 AND AM$ND$D IN OFFICIAL RSCORDS BOOIC
338, PAGE 2310 ALL IN ST. LUCI$ COUNTY, FLORiDA PUBLIC RSCORDS.
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~ ~ RO~Q+ved /e~ ~ ~oo~(~o U ~
~ $ ~ On Paymenl p( Taxes
0~ rN ~u~ Clas~ '•C,• Intan9;bie Personal Propetty,
~ OOUGtAS DIXON{• 13~1, Acts Of 197L .
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~j p v C1wk CkttW Court, S1. Luds, Co., flar
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TH1~ BALANC$ OF TH$ IND$BTEDNSSS, IF NOT SOON$R PAID, IS DU$
AND PAYABLB ON: NOVBMBBR 15, 2017 ~ -
'I~pGE7NER W[TH all properry rights or intereu zppurtenant thec+eto includIng, without limitadon, all bulldingc, structures, improvemenu,
appliances, equipment and appurtenux~es naw or hec+eafter mnstcuaed or placed thereon, including,-but not limited to, all apparatus and
equipment~ whether a~ixed to the land ar building thereon or noc aff'ixed thereto, whether single units or centrrlly controlled, used to provide
or su air-c~ooling, air~conditlor?ing, heat, gas, water. ltght and power, oefrigeration, v~entilatlon. laurxlry, clothes drying, dishwashing, gacfiage
PPh'
~ disposal or"aher servkes, waste vent systems. ancennas. Poo~ ecNipment, wincbw coverir~gs, draPes arxi drapery c+ais~ cacpecing and floor
c~owerings. awnings, ranges and ove~u, wacer heaters~ attact~ed rabinets, PumPs~ Pipes. canks. 8re prev~ention, Hre extinguishing and eommur.i-
eatlcx~s apparatus, eteratcxs, esealacors, and partltions~ and all of the above items are declared to be and are deemed to be things affixed to
and a part of the realty for the purposes of this Mortgage Deeci
'[~OGE7HER WIIN all intere,u whic~ Moitgagor now has or may hec+eafter acquire in or to said pnoperty and,in and to:
(a) AII eents, issues. Pmfits, rayaldes, tolis, eamings and tncomes thereFrom and installments of money payable puesuant to airy agreemenc
for sale of said Propecty or any part eher~eof~ subject howc.'ver to the right, power and authority giv~en to and eonferred upon Mongagee
by Pardgraph l5 below, reserving co Mortgdgor the right to collect when due and retatn a~ry of said sums prior to any event of default hereunder,
(b) Atl ea~sements. rights of way and other a{~purtenances thereto;
(c) AII shrubs, trees and plan[s;
(d) All adJaeent lands included in enclosure or occupied by butidings located pautly on the above described property;
(e) All cr+ops growing or to be grown on said propercy:
Alt water and vrater rlghts (whether or not appurtenant) and shares d stock penaiNr~g to water or water rights, ownership of wlifch
a@'ects sald propecty;
(g) All clalms, demands or causes of aaion of a~ry kind, including proceeds of settlement af arty such claim, demand or rause of action of
arry klnd, afiich Mortgagor naw has or may hereafter acquire. aristng out of acquisition or o~wnership of the property, subfect hawev~er to
the right, poaec and authotity given to and eanferred upon Mortgagee by Paragraph 5 below Mortgagee-shalt have no dury to p~v6ecute
am such cla~m, demand or rause d action.
For the purpo6es of thLs instrument. including all provisions incorporated by refenerx~e herein, all of the foregoing described real PropertY.
property rights and interest sha11 be referred to as "the propert}~'.
THIS MOR'[Y'~A~GE DEED IS FOR'[i~ PURPOSB OF SEC[JR1NG THE F0t1~OWING:
A Payment of the loan amount above, with Interest thec~eon, xcording to the terms of a Promissory Nae or Naes (herein sometimes
referced to as "the note") of even date her~ewith, made by Mort~or, payable to Mortgagee or orcier, and any and all modiRcations and
extensions or renewals thereof, ~
B. Faynnent of such a~ddltlonaf sums, with interest thereon. as may be hereaher borc+ow~ed from Mortgagee by the then rec~ord awner
or awners of the property which are hereby secured and all extensio~ts, modiFications arxl renearals of such additiotnl borrowfr?gs:
C. Payment. perfom~anee and discharge of every obligation, cavenant and agreement of Mortgagor afietfier eontalned or Irxorporated
by reference ln thts Mortgage, or contained in any inurument now or hereafter executed by Mongagor !n connealon with che loan
eviderued by the note, including but not limtteci to any assignment. constnKtion loan age+eement, Pleclge agreement, securitY agreernent~
supplement~l agreement, assignmenc of Gessofs interest ~n leascs, modifkation agneement or assumptlon agreement;
D. Payment of all sums of money with incerest whkh may be pa3d out or ad~ancEd by, or may othe~w~se be due to Mong~gee under
~5' Proviston of this Martgage.
r~ce ~ - ~ t~o~rctic.e n~n
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_:~oR~~fi3: PA~E_ 949