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Home My WebLink About0214 2~~~~5 This inst~ument was prepared by: arnTa M. Lo ~ - . ~ ~r~n~ ~Tr.~ n~sc~xcs oo. MORTGAGE THIS riORT(~A(~E is mada this 2~th_ . .day of _ M~y , 19. 74 , between tl~e Mortgagor,TNp~dA3.R.--KINCAID-S~d -C~Yi?-L.-KINGAID~..r-~.s ~rife _ - - - - - ~berein "Borro~ver")~ - - and the \iortgagee, .7~__00~O2~ALTH--U0~4RATIQg - - - - - ~ A corporation organized and existing under tbe laws of__the .3tate o~_F'1.orida_ whose addres~ is - - P..--O,..Eox--~66?---- Ta1lsh~asses-,--El.oz'ida . - - _ (herein "Lender'•). yPsgx~?s, Borrower is indebted to Lender in the principal sum of ~I~Y -~OUSAPID- F~UR - _~__~__~1.pp,.,.R..~~... Dollars, which indebtedness is evidenced by Borrower's note of even date herewith (herein "Note"), providing for monthl}• installments of principal and interest, w ith the balance of the indebtedneas, if not sooner paid, due and payable on ~ne 2004 - To S$cvxs to Lender (a) the i~epayment of the indebtedness evidenced by the Note, ~vitl~ i~iterest thereon, tbe payment of all other sums, with interest thereon, advanced in accordance lierewitl~ to protect the security of this Mortgarge, and the performance of the conv,enants ~nd agreements of Borrower herein contained, and (b) ~the repayn~ent of nn~~ future advances, with iiiterest tl~ei•eon, made to Borrower by Lender pursuant to paragrapli 21 hereof (lierein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the follo~ving described property located in the County of --------~•__Lucie------_------------- - - , State of ~'lorida: Lot 18~ Block 75~ I,AI~OOD PAffiC UNIT 7, according to the Plat thereof as recorded in Plat Book 11, page 13, of the Public Records of St• Lucie County, Florida. ~ O MI PAYIIENT OF TAXES ~ ~ ~ INTANGIBLE PER90NAL PROPER . ~ p~~lt(i TO C1i~F"ER 71-]34. ACiS OF 1W1. ; RO(iER POIfR~.S . Q~R1( CIRWIT CWRj. ST. UlCtE 00.. ~ ~ - i Necessary Docwnentary StamPs affixed to original note and cancelled. T~c;ETaEr witl~ all the improvements no« or l~ereafter erected on the prope~•t~-, ~ind all e~isements, rights, appurtenances, rents, royalties, mineral, oil And ~as rights and profits, ~~ater, ~cater rights, and wate~ stock, and all fixtures no~ or hereafter attached to the property, all of ~vhich, includin~ replacen~ents and additions thereto, sl~all be deemed to be ~nd remain a part of the propert.y covered by this Mortgage; and all of the fore~oing, torether with saicl propert}- (or thc leasehold estate in the event this 1liortgage is on a leasehold) are herein referred to as the "Propert~-". . Borrower covenants that Borrower is la«~fulh• seised of the estate hereb}~ conve~~ed and has the right to mortgage, grant and con~•e}~ the Propertr, thnt the Property is unencumbered, and that Borrower ~vill warrant and defend rener~lly tl~e title to the Propertr against all claims and demands, ~ subaect to any easements nnd restrictions listed in a s~hedule ~f eiceptions to co~ era~e in an~- titl~ insurance policy insuring Lender's interest in the Property. ~ IINIFORM COVENAAITS. Borro~ver and Lender covenant and agree as follows : ~ ~ 1. Paymeat of Principal ~d Interest. Bonower ~hall promptiv pay ~vhen due the principal of and intei~est on the indebtedness evidenced by the ~Tote, prepayment and late charges as providecl in the Note, and the princi- ~ pal of and interest on any Future Advances secured I~y this \lortgage. 2. Funds for ?mces aad Insur~ce. Subject to I.ender's option under paragraphs 4 And 5 heteof, Borrower ~ shall pay to I.ender on the day monthly installments of ~~rincipll and interest are payable under the Note, until ~ the Note is paid in full, a sum (herein "Funds") equal to onc-t~vcifth of thc yearly taxes and assessments ~vhich may attain priority over this ~tortgage, and ground rents on the Property, if any, plus one-t~velfth of yearly pre- mium installments for hazard insurance, plus one-t.~veltth of yearlp ~~remium installments for ~nortgage insurance, ~ if any, all as reasonably estimated initially and from timc to time b~ 1.ender on thc basis of as.5essments and bills and reasonable estimates thereof. The Fimd~ ~ha11 I?~ I~cld in nn in~titution the ~Icrosits or accounts of ~vhich are - FLORIDA-~cc-~zrn-~ ~0 4 F~r ~ r~r i 22H F1GE 214 ~ _ _ - - C - : ~ . - ~ ~ ~ ~ _ . - . _~~u~-_ Y~ - ,~,.~5