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Home My WebLink About0997 ThIS INSTRU~4ENT PREPARED 8Y: Q LuAN NC~. 5~7124-~? ~ i' 7 C:. GRAMER WHEN RECORDED MAIL TO: HOME SAVINGS oF AMERICA ~ P.O. BOX 70T5 ~ ~ PASADENA CALIFQRNIA 91 109-7075 ~,~a• ADJUSTABIE RATE MORTGAGE LOAN - - This Mortgage, made this 6tF~ day ot JAiVUARY i~~~, between the Mortgagor, GtiAFLES J. EIhAS, A aINGLE MAN herein called Borrower whose address is ~d DC~LE PLACE ~ WEST ~v~WBURY , MA - ~ i~ 1935 . ' ~ : , . - ' . . _ . . . ~ . and the Mortgagee, HOME SAVINGSoF AMERICA F.A, a corporation herein called LENDER, whose address is P.O. 6ox 7075, Pasadena, (:alifnrnia qi 109-7075. WHEREAS. Borrower is indebted to Lender in the principal sum of ~ ~ iF ~C)i~c~~,QC~ ~+NE HURlDRED F IFTEEN TN~]LISAND AND NQ/ 1hu Dollars, which indebtedness is evidenced by Borrowers Note of even date herewith (herein"Note"), providing tor payment of principal and interest; NOW THEREFORE, Borrower does hereby mortgage, grant and convey to Lender the fallowing described property located in the County of ~T ~ LUGIE ,~n the State of Florida; UNIT 14vE~ THE MAJESTIC C~F JENSEN BEAGH, A GQNDOMINIiJM, AGG~~2DING Tn THE D~CLARATION C~~ C:ti~yD~!MIMIUM i~HEREOF, RS R£CORCED atPf~hlBER 2£, 19~34, IN ~FFIGIAL Fc~CuRbS B~a+]Y. 444, FAGE 9':?r:, AS AMEND~D IN C~FFICIAL REC~RDS fiOC+}~: 447, PA~E Z~1E., OFFICIAL REG~~RDS ECis]K 4~, PAGE 952, ~FFIGIAL REt~ORDS ~~~~E` 52~, RAGE 16~~8, ~]FFICIAL FcEC?~RUS L~CiOK 527, RAGE 2?14 ANU ~~FF I C I AI~ REG~~RDS EQO1C 55d , P/!GE 177 , ST . LUC IE GOUNTY, FLCsRI DA PUE~ I C RECUHD~ . ~ ~ia v/~~ ~ - ~vd~~ - 5 l~S~~ Rece~ved $~3~' ~ In P~ymen! O! TaxeS Due On Ci~ss !~'-r.-*'-1- P,rscm.~ Property, ~ Pursuant To C`:_~prc~ 7+, I:S~, Ads Of 1971. j CJUG~'~=. v.'".:%~:, ~ Clerk CircuJ Ccurl, St. lu e, Co., F~3. Together with all interest which Borrower now has or may hereafter acquire in or to said property, and in and to: (a) atl easements and rights ot way appurtenant thereof; and (b) all buildings, structures, improvements, lixtures anrf appurtenances now or he~eafter placed thereon, including, but not iimited to, all apparaius and equipment, whether or not physically affixed to the land or any building, used to provide or supply air-cooting, air-conditioning, heat, gas, water, light, power, re(rigeration, ventilation, Iaundry, drying, dishwashing, garbage ' disposal or other services: and all waste vent systems, antennas, pool equipment, window coverings, drapes and drapery rods, c~rpeting ~i and floor covering, awnings, ranges, ovens, water heaters and attached cabinels; it being intended and agreed that such items be i conclusively deemed to be affixed to and to be part of the real property that is conveyed hereby, and (c) all waterand water rights ~whether or not appurtenant) and shares of stock pertaining to such water or water rights, ownership of which aNects said property. Borrower agrees ~ to execute and deliver, irom time to time, such further instruments as may be requested by Lender to confirm the tien pf this Mortgage on any such properties The properties mortgagAcl, y~anted, and conveyed to lender hereunder are hereinalter refe~red to as °such ~ property'. ~ The Borrower absotutely and irrevocably grants, transfers and assigns to Lender the rents, income, issues, a~d profits of all property c~vered by this Mortgage. ! 8orrowercovenants that 8orrower is Iawiullysaised of the estate herein conveyed and has the right to mortgage, grant and convey such property, that such property is unencumbered, and that Borrower viill warrant and defend generally the title to such property against all ! claims and demands, subject to any declarations, easements or restrictions listed in a schedute ot exceptions to coverage in any title ~ ~~~~~rar~c ~,i,;;~y insuring Lende~s interest in such property. ~ FOR THE PURPOSE OF SECURING: ~ 1) Payment of the sum ot $ 1 15 ~ ia4~ .~JtJ with interest thereon, according to the terms of a promissory ~ note of even date herewith and having a final maturity date of JANUARY 2~J, ZOlU made by Borrower, payable to Lender or order, and atl madifications, extensions or renewals thereol. (2) Payment of such additional sums with interest ' thereon: (a) as may be hereafter borrowed from Lender by the then record owner of such property and evirienced Cy a promissory note or notes reciting it or they are so secured and all modifications, extensions or renewals thereo(; or (b) as may be incurred, paid out, o~ advanced by Lender, or may othervvise be due to Lender, under any provisions of this Mortgage and all madifications, extensions or renewals thereof. (3) Periormance ot each agreement of 8orrower contained herein or incorporated herein by reference or contained in any papers executed by Borrower relating to ihe loan secured hereby. (4) Pe~formance, if the loan secured hereby or any part thereof is for the purpose ot constructing improvements on such property, of each provision or agreement o( Borrower contained in any construction loan agreement or other agreement between Borrower and l.ender retating to such property. (5) The perfarmance and keeping by Borrower of each of the covenants and agreements required to be kept and pertormed by Borrower pursuant to 1he terms of any lease a~d any and all other instruments creating Borrowers interest in or defining Borrower's right in respect to such property. (6) Compliance by Borrower, with each and every monetaryprovision to b~ pe~fo?med by 8orrower underany declaration of covenants or conditions or restric- tions pertaining to such property, and upon written request ot lender, the enforCement by Borrower of any covenant to pay maintenance or other charges, if the same have nqt been naid or valid legal steps taken to enforce such payment wfthin ninety(90) days after such written request is made. (7? At Lenders option, payment, with interest thereon. of any ofhe? present or future indebtedness or obligation of Borrower (or oi any successor in interest of Borrower to such property~ due to Lender, whether created directly or acquired by absolute or c~ntingent assignment, whether due or not whether otherwise secured or no~ or whether existing af the time of the er.ecution o~ this Mortgage or arising thereatter, the exerc+se ot such option to be evidenced by a notice in vvriting to Borrower or any successor in interest of 8orrower. (8) Performance oi all agreements oi Borrower to pay fees and charges to the lende~ whether or not herein set forth. (9) Paymeni of charges, as allowed by law when such charges are made, for any statement regarding the obii afion secured hereby. SF.a,~S,.s,PF, ~ r.:,. c,;,., ~:c, 1 Of 4 ~ p gooK 57Z PacE ~96 ; ~ .u.w~•:a+ -