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HomeMy WebLinkAbout0838 . ~ . ~-««z ~ ~ / . ~e 283830 This inatrument was prepared bY: ~ ; 1. 283529 ~ MORTGAGE THIS \tOR~T(~A(~F. is nTt~de this 23rd day of M,ay , lq ~ UetH~een tl~e \iortg~g~• mUGI.A$ VEACH _ and. _ JACQUEI~~N$_ 8. V~ACH.. _ hie wif e ° - . . - - ~ ~ - - - . (hercin "Rorro~rrr"), _ _ - - i~u~l tL~ ~iortgn~ee, G~~ILLB MORTG~GB. CQ~ORATION _ , a~~orporation or anized and eYisting under tlie la~~•s of. . STATE OF FLORIDA ,~vhase addrt~s~ ~5~080 Ringling- Boulevard, Sarasota~ _Florida 33577 (herein "I.e~ider"). ~Vtisx~+s, Rorrower is indeUted to Lender in the principal sum of THIRTY TflOUSAND A1~ID ~10/100- - - - - - - - ~ - - - - Dollars, whicl~ indebtedness is e~•id~nceci b}~ Rorro~~er', uot~ of evei~ dnte herewitL (Lerein "Note"), pro~~idin~ for nionthlr installnx•nts of principal an~l inte~•~~~t, ~ritl+ the bnlance of the indebtedi~pss, if not~ sooner paid, due and ~~avablc? on June lst, 1999 ; To SECL+~F to Lende~• the repxvment ~f tl~e indebte~L~e~s ~~'id~mcE~ci h}~ the \'ot~~, ~vitl~ int~r~~.t thereou, the pa~~ment c~t' uli other s~uu~, ith int~re~t thereoii, a~l~•an~~~c~d in .~c~•ardanc•~ lu~r~~~~'itl? to protert the security of ti~is ~tort~~igc, aind thc~ pcrformnnce of the eom~~~iant5 t~n~l u~~•eemc~nt~ 01' Borro~~•er herei~i cont:tine~l, .uul (~~l tlu~ re~~~~~•~ne~ii of zm}• ft~tnr~~ x~l~-uuee•, ~citii iut~~re~t tl~~~•eo». ~uade to Rorro~~~cr U~ Lendrr ~nn•su:mt to ~~nrxrrapl~ 21 h~reof f l~er~~in "~'i~tur~~ A~h•:nu•~~~"). Ba?•ro~cer doe,r. hereb~• n~ort~a~e, Trruit .rn~l c•onre~~• to l.endrr th~~ follu~~•i~~r ~l~~~cril?~~~1 ~~ro~x~rt~- locuteci i~i the (.:ount3• of St. Lucie , Sta~te of I~`lori~la : Re-record to inalude date ~d correct error Lot 16, Block 139 of RIVER PARK, UNIT EIGHT, a Subdivision according to the Plat thereof, as recorded in Plat Book 14, at page 37 of the Public Records of St.~Lucie County, Florida. r The follo~ing equipment is part of the security: Range and Oven; Fan and Hood ' . O 0 IN PA1rt~lEt(t oE Tlo~ - I DUE ON CIASS 'C INTAl~IBIE PEti90N11L PROPERIY. ~ Pu~rrr To cwP.Fp ~i.i~. ~s oF in»~I j RGGE9 p01TR1?S ~ q.E:C CI:CUIT CtiJRt. St. Lut:tE CO.. FlA f - ~ NOTE - STATE DOCUMENTARY STAI~PS AFFIRED TO THE ORIGINAL HORTGAGE/AND CANCELLED. 'C~x,F.TIIF.I: ~~itL all tl~e imjn•~~~•enients nc~~~• or liei•eafter crected ~~n the prope~•t~-, and all c~~sements, i•ights, appurteu~inces, i•ent~, ro~altie~, ininer~l, oil .uicl ~.~s i•i#;ht~ tuid ~,rofits, «ater, «ater ri~~~ts, and «fiter stock, ~nd all fistures no~~ or hereafter attaci~ed to the propert}•, all ~f «hicL, ineludin~ replac~ment~ Rncl ~ddition~ ti~rreto, ~h111 b~ deemed io be .~n~l rem:~in a part of the propert~~ co~~ered h~- tl~is ~tortnn~e; aud all vf tl~~ foreaoin„ to~etl?c~r ~~ith ~:~id properh- (or tlie le~sel~olcl est~te in the e~•ent thi~ ~~ortTa~~ i~ ~n n I~aSel~olcl) are hc~rein ret~rred to as the "Propert~•". _ Borrot?~er co~en~~nt~ that Rorro~~er is l~~~fnlh- ~ei~ed of the e~t~te lu~~reU~- conre~rd iill(I ~1.15 t~le ri~l~t t~ n~ortga~;~, ~r.~nt ~n~l c~~nrer thr Propert}-, th.~t tlie Propert~ is unencumberecl, xn~l th~t Rorro~rer ~vill ~~~arrant and defPnd ~en~r~ll~ the titl~ to the Propert~ a~ainst all claim~ and dem~nds, ~uhj~c~t to an~ easen~ents and restrictions listed in .i schedule ~f ~~ceptions to curera~e in am• titl~ ~ insnrance policy insurin~ I.en~l~r'c interest. in th~ ]'ri~pert~-. ~ UNIFORAI COVENANTS. Borro~ver and l.ender co~•en~nt and agree .is follov~ s: l. Payment of Principal and Intorest. Borro~ver ~l~all Promptly pay when due the Principat of and interest ~ on the indebtedness evidenced by the Note, prepavment and late charges as provided in the Note, and the princi- pal of and interest on uny Future Advances secureci by this ~tortgage. Z Funds for Taxes and Insurance. Subject to 1.ender'~ option iinder paragrapl~s 4 and 5 hereof, Borrower shall pay to I.ender on the day monthlp installment~~ of ~irincip:~l and interest~ are y~a} ablc under the Note, until the Note is paid in full, a sum (lierein "Funds") equal to one-twelfth of the yearly taxes and assessments nhich _ may attain priority over this ~tortgage, and groun~i rents on the Property, if any, plus one-twelfth of yearly pre- mium installments for hazard insurance, plus one-twetfth of yearlv premium installments for mortgage insurance, if any, all as reasonably estimateci initially and from time to time b~ i.encier on the basis of assessments and bills and reasonable estimatQS thereof. The Fund~ ~I~all 1?c liel~l in an institution the ~ieposits or accounts of which are FLOAIDA-~cc-t2rn-~ ~o a Famur 1 cr~ io4 c°i O PacE E*,t ~ PAGE ~ •~-t'a~ _ L-c c a,~ c~ ~ 4~ - - - ~ ' Y ' ~""~s . _ . _ _ . _ _ . ',`y~.`_ ~i-'~s 'F.: .r ~c . .