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This irtatrument waa prepared by:
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- MORTGAGE
THIS 1[ORT(~AGF is m~~dr. this dRy of - ~ 19 ~
UctH•e~m thc \iortgt~gor, J. DOUGLA$ VEACH and JACQUEI~~NB E. VE~ACN,_.h~s ~tife
. _ - - . , (herein "Rorro~~•~~r>'),
~ .GI.ANV .
i~nd the \tortgagee, ILLB MOR~GAGB GOR~ORATION , a~~orpornt.ion
m• nnized and c~isting und~r tl~e la~rs of . STATE -OF FLORIDA _ _ ,~vhosc? uddr~~~•
~s ~080 _Riagling Boulevard, Sarasota, Florida 33577 (herei» "Leiider").
~t~liEREAS~ Rorrowe~• is indebted to Lencler in th~ principal su~n of THIRTY TIiOUSAND AND NO/100- -
- - - - - - - - - - - - - Dol1R~•s, whicl~ indehtedness i~ e~•idenced b}~ Rorro~~c~r', note of evE~i?
~late herewitl~ (lierein "l~~ote"), pro~•icli~i~ fo~' ~nont]~l}• inst:~lhiu•nts c?f principal an~i int~rr~t, ~~itl~
the hnlance of the indebted~iPSC, if not soa~ier p~id, (Il1C till(I ~)R~RhI(' Ori June lst, 1999 ;
To SFC~?K} to I,e~idci• (n) th~~ repayment of the indeUtedne~s e~•i~l~mc•~~d h~• thc \'ote, ~~•ith int~r~~.t
thereon, the pa~~ment• of ull other sum~. ~vitL interest tl~ereoi~, a~l~•»>u•t~cl iu .ircordnu~•~~ h~~r~•~~•itl~ to
~?rotect the ~ecttrity of this ~ibrt~,:t~e, ~~nd tlu~ performt~ncc~ of tlic~ c~om•c•ntu~is .ind tirrei>>n~~ni~ ~~f
~Ol'i'O~tiCI' ~ll!1'Plll COllt~lll(!(~, .1111~ ( ~1~ t~ll' 1'C~)tl}'ill('lit Qf :ill\' f~lltUl'(` tl1~~'tI11CPti, ~~'It~l llitl'l'C~t t~1P1'l'Oll~
llltl(~C' t0 ~;Ol'1'O\YC1' ll~' T~CII(~(:T [)lll'SL1iUlt fU 1)ill'ti~l'it~)~I ~l ~iCl'(`Ot (~Il'1'l'lll ~~l~~utur~~ t1(~\'i111Pt'~~~~~
t3orro~v~r do~~s hereb~• nu?rt~ii~e. ~;rtint ~~u~l eom•c~~• to I.c•ndrr thr follo~~•iu~ ~le~erih~•ei ~?ropert~•
{o~~atc~l i~z tl~c ('o~uit~• of _ St. Lucie , Stnte of Flori~l:t :
Lot 16, Block 139 of RIVER PARK, UNIT EIGHT, a Subdi~rision
according to the Plat thereof, as recorded in Plat Book 14,
at page 37 of the Public Records of St. Lucie County, Florida.
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The following equipment is part of the securitq:
Range and Oven; Fan and Hood
. 0 0 ~ w?n~rr oF ~
DUE ON Ct1?SS 'C' iNTAti6IBlE PEfl90tW. PROPERfY.
; PURSWNT TO CWPrFR 71-134. ACTS OF 1~)1~ -
f (~r,F~O POITRAC ~
! CIERK CI:CU{T Git112f. S(_ LU(:tE CO., FIA.
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STATE DOC[JMEPITARY STA1~S AFFI%ED TO THE ORIGINAL HORTGAGE AND CANCELLID. -
~ 'I~O~:F:TH~r. itL .?11 tl~e impr~?~'ement~ no~~• or I~ere.ifter erected on the prope~•1 uud all e.~semeut5,
right~, .~npurtenances, r~nt~, r~~alti~s, miners~l, oil ~~nd r~s ci~ht~ aud ~n•ofit~, ~~•ater. ~~~ater ri~lrts,
.uul «~ter stock, and all fi~tures no~~• or hereafter xttnchecl to th~ propert.t-, al! of «hiclz, includin~
replae~n~enis and ~d~litions ti~c~reto; ~hall ix• deeine~l t~? l~e .iucl rem~in a p~rt of the propert~- eo~-ered
b~- tliis ~(ort~.?~c~; and all nC the fnrc~aoi~t„ to~eth~~i• «ith s~~ict properh• (or the len~el~old est~te
in the e~•ent thi~ ~tortra~~ is rn~ n l~~asehold) are hc~rein ref~rred to aG the "Yropert}-".
Borrower cocenants that Rorr~~~~r is l~~~fulh- ~eised ~f the estate l~ereb~- can~~e~red ai~d L.~s tl~e
ri~ht to niortgag~. ~r~nt ~ml c~~n~•e~• the Prop~rh-, that the Propert.~- is unencuml~ered, anci th~t
Rorro~~'cr ~vill ~~•arrant ~tnd defend s~enc~r~ll~• the titl~ to the Properh- a~linst ~ili el~iims ~nd demand~,
~ubj~c~t to an~ easement~ and re~trictions listed in s~hedtile ~f e~ceptions to cover~ge in ~n}• titlc~
insurt~nce polic}• insurin~ l.ender'ti interest in the 1'roPert.~-.
~
- LTxiFOKht CovFx~xTS. Rorro~~•er and T,c~nder co~~enant ancl agrce as fo ow~:
~ 1. Payment of Principal and Intareat. Aorrower ~hall Pmmptl~ pAy when due the principal of and interest
on the indebtedness evidenced by the Note, prepavment nnd late charges as provide~l in the Note, and the princi-
~ pal of and interest on any Future Ad~ances secured hy this ~iortgage.
~ 2. Fuads for Taxes and Insurmice. Subject to I.ender'~ option nnder paragraphs 4 and a hereof, Borrower
shall pay to I.ender on the day monthl` installments ot ~~rincip:~l ancl interest are payable under the Note, until
the Note is paid in fuli, a sum (l~erein "Fimds"1 equal to one-t~velft}~ of the yearly taxes and assessments nhich
ma attain riorit over this ~tort a e, and round rents on thc Pro ~ert if any, lus one-t~velfth of earl re-
~ Y P Y g 8 B i p Y Y P
~ mium installments for hazard insurance, plus one-tRelfth of vearlv premium installments for mortgage insurancP.
~ if any, all xs reasonabl~ estimated initially and from time to time h~ I.ender on the basis of assessments and bills
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~ and reasonable estimate~ thereof. Thc Fimd~ ~hall hc hel~i in an in~titiition the deposits or accounts of which arc ~
FLORIDA-~c-ui~i-~ ~0 4 F~r 1
GM 104 ~ O~ p PaCE ~l~r
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