HomeMy WebLinkAbout0980 'r A~+
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A[)JUSiAHI.~ KA'1'E: ~1t)R'I GA(:f: 'f1~i~ instrur~e~~i rrz~ p.epa~ed b~:
~ (SHUR7' FORM) W N. Walter, jr., ~s~~us~e
. ~ slackw~ll, Walkcr, Gray, Powt~., Fl~ck le H~,thl
C,L`1'~ot'?~ l)ne &?ulhea~~'I~hird Avenue
~ a9v~ pV Mi~mi, Flonda J3131
~ ~ileVumber.+ 145-430/YB/dm
~ The Promisson~ NcNe xcursd by ~hi~ Mc~ngagr conuins adjusublr interest rote str! p~ymtnt
` pro~•i~ions.'fhe i~terc~t rarc anci mon~hly pavment: callcd far t,y said Note arc ehu~ ~ub}cct to j
unilateral maclifitalion by I.tncic~. D
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. 'fHtti l~tOR"1'GACE is made this _ day of . 1~I , txtweei? the Mongagor, -
~ ~y ~ . _
,
~ JAMCS D, riARTINA ~1Nn NANCY A. ;iARTII~A, His wife,
~ (htrei» 'Eorrower").
~ andtheMongagee,AMERIFIRSTFEDERALSAYINGSANAI.UANASSOCIATION,acur~rontionorganizcdandexistin undertheiarnoftht
. Uniied Sute~ of America, whox addreu is Une Soutt~eau Third Avanue, Miami, Fyomia 35131 (herein "Le~der'). DE~ENDING upon 1t3
terms, the Note secured by tt~is Mortgage may be at an interest rate which is ad~ustable
~r fixed. Also, from time to time, according to the terms of the Note, the Borrower and ~
I.ender or their successors may agree to amend the rate and manner in which interest charged.
~ _ WHEREAS. Borrower i~ indrated to l.ender in the principal sum uf S IXT~t' THRE~ THOUSAND AND I~0 ~ 100-----
($6 3, 000 . 00) ----------------DOLLARS hich inJetxedness is evidenced by Borrowcr's Ad~usubk Rat~
~ Mprtgage Note dated O f e v P n d a t e ~ ~ lhe~ein "Note"), pr¢viding f r monthly i llmec~ts o( principal a~d
. inte~est, with the balance of the indcbtcdncss, if not sooner paid, due a~d payaGle on a date t~iirty years from th@
date of this Mort~age so lo»g as Borrower elects to renew the Promissory Note pursuant to
renewal provisions, if any, existing therein.-
t TO SBCURE to L.ender (a) the repaymcnt of th~ indebtedneu e~•idenced by the N~te with interest thereon; (b) the payment of aQ aher ~ums,
with inttrtst therton, utvanced in actordance herewith to prottct the securi~y of the Mongage; (c) the periormance of the corenants and
agreements ~f Borrower herein conuinecl; (d) the perfo~mance of the covenants and agreemenu incorponted by rtferenct hercinto; and (e) the
repayment of ~ny futurr advances, with interest thereon, made to Borrower by l.erder punuant to paragraph 21 hereof or inco~porated br
reference hereinto (htrein "Fuwrc Advances"), Borrower does hereby mortgage, grant and conrey to L.ender the following d~xribed property ~
~ located in the County of S T. L t1 C I E ~ , State o[ Florida -
~
~ The Condominium parcel known as Apartment~62Q2 in EuiIding 5
~ of Phase IV of T:-IE SANBS, 'A Condominium, Section I, ~lccording
to The Declaration of Condominium thereof, Itecorded in O.R.
Book 367, Page 748, of the Yublic Records of St. Lucie County,
. Florida, as-such Declaration may have been amended by. any ~
amendments thereto hereto filed in the Public R~cords of St.
Lucie County, Florida; including but not limited to any amendment
ta add the aforesaid Phase to the Condominium (if such Phase be
other than Phase I thereof.)
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in Psyment Of Texes t, a ~ ~
. . _ Due On Class "C" intangible Persona} Prcpa;ty~ . ~ i~ r~.~ i
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_ Pursuant To Cheptet 71, 134, qcts Of i L71. ~ m r I
~ - ROGER PORRAg ~ c-, ._y..~ ~ S
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which has the address of 3 2 01 N. A 1 A I1 n i t 6 2~J 2 = ~
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; F o r t Y i e r c e, R 1 o r i d a 3 3 4 S 0 ~hrrein "Propcrty Address°j: ~
,
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~ TOC:ETHER with all the improYrments now or hereafter erecteJ on the praperty, and all taaemenu, nghts, app~rttoances, rcnu, royaltia,
. ' minenl, oil aod gss righu ~nd profics, water, water rights, and witer stock, and all Fixts?res now or hereafter attxhed [o the propeny, all of which, ~
including repiacerrenta and addi~ians thtrtto, sfiall be deemed to be and remain a part of the property coverrd h3 this Mongage; and all of the =
~ foieEo~ng.:~ether ~rith s~id propeny (or the leasehold tstate in the event this Mongage is on a{easehoid) are hercin rcferr~d to as the "Property." '
' ~
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' Borrower covenanq that Borrower is lawfuliy sei~d oC the esate hrreby conveyed and has t!x right to mongagt, grant ind conr•ty the ~
PtoptrtY that the Ptopetty i~ unencumbered, and that Borrowtr will warnnt and dtfend genenUy the tiQe to the Property a~sins~ all claims and x
demanus,;ubje~tc to any dedar:tions, easements or rcstrictions listrd ;n a xhedule ot exceptions to co~•erage in any titlt insunnce pQlicy insuring ~
Lender's intrt~st in the Froperty. .
~ ~
PACiE 1 OF 2 PAt'iE5
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FLORIDA -Short Form -1 t~ 4 Family - 5/7S- P.evised f~~r ADJI?5"t'ASLE .°•ATE ~ftgcs. by A.F. - 51~31
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