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Thia instruatent was prep~red AY:
TR~s Ins~:..>n~nf \\'~s rrc~_,~d Ry
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~~5~~ GE'ORCE Y.":. J'
tnd~art R1.rr f,~^.,1 • ^,n
3nd L~~n ~
MORTGAG~ 2U45•Id1hA.~. P
Ye~ Swch, Ft.;:~.:~ 329u0 '
THIS A~ORTGAGE is made this 18 day of _ gune lg 74 ~ #
bct~vetn the Mortgagor, ~BQL~-1ill~'i'!' and JOS~P~INB WILM0IT his wife ~
_ ~ ( herein "Borro~ver" ) , ~
and thc vtortgagee, Indian Ri~~er Federal Savings and Loan Association, a corporation organizcd
and existing undcr the la~+•s of the Uniteci Statcs of America, ~vhose address is Vcro Beach, Flarida
~ hercin "I.ender" ) . ~
~PiigxF.~?s, Borro~ er is indebted to Lender in the principnl sum af F~ TR~S~ ~
~10/1Q.9-------------_--------Dolla~•s, which indebt~dne~s is evidencecl b. Borro~~er's nutc~ of evc~i
date here~~~itl~ (herein "Note"), providing for ~nontl~l~- instnllm~~nts of prin~ipal :~nci int~r~•st, ~~•itl~
tl~e lialance of the indebtedn~ss, if not sooner paid, due ~ind ~?ayahle on July 1, 1989 ; ~
To SFC~~K~ to I.ender (a) the repaytnent of the in~lebtecin~~~~ e~•iclenc~~d b~• tlie ~ot~•, itl~ iut~r~~~t
tlicreon, the pa~ ment of all other sums, ~~-itl~ interest therc~on. i3~h~zuice~d in accordnuer i~er~~~~•ith to ~
protect tl~e security of this \iort~;age, zuid tl~e pc~rformtinc•r of th~ con~•eniint. t~nd zirreeni~~~itti uf
Borro~~ei• I~erein contained, .u~d (b) the repa~~n?eiet of zu?~ futare u~i~•auice~, ~ritL interest th~~reon,
~ua~le to Borro~rer b~ Y.ender pursunnt to par:~~rtiph 31 lierc~of (1?ereiii "Future Ad~•:u~rc~~"),
I3orrower does hereb~ niortnage, ~rant und con~~e~• to L~~ncier tli~~ follo~~in~ ~l~~crilx~~l ~?r~~~?ert~•
located in tlie County of ST. LUCIB . , Stute of N9oricla :
Lot 9, Block 3, PIN~CRSST SSTATBS, UNIT OiNB, a subdivision
according to the Plat thereof, as recarded in Plat Book 16,
at page 34, of the Public Records of St. Lucie County, Flor ida.
. C_~ • M PAYMENf Of ?AXES
~ tKTMlGIBIE ~~ry~
v ~ DUE ON C~A~S ~o~E~ 7t-134. A.^•iS Of 1971. L
c~i n, s l'- ~~T R06ER POITRAS
x Q ~~C ~ T~ q~ CkF.RK CiRCllli OOl1BT. ST. UlC1E C0. ~
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T~H:F.TI~F c«itl~ ~~ll tL~ im~n•o~•enicntc no~~- or hei•e:~fter c~rerted on the ~I'O~)E'*'I~"~ .ind .'l~~ C1iSPlllE•~its,
rigl~?s, appnrten.inces, rent~. r~~alties, iiiinc~ral. oil and ri~;ht~ ~wd ~,mtit~, ~~ater. ~~ater riTht~.
and ~sa'.er stoek, a>>d al) h~tures no~~- or hereafter att~c•he~l t~ the properh-, al) of ~~hich, includin~; ~
repiaeen~ent~ and :uldition~ theretu, ~l~all i~e deeme~l t~~ h~ anci remain a part of the propert~ co~ered
br thi~ ~iortg~~e; and all of t~ie f~rc~oin~, to,ether ~~ith ~;iid propert}- (or tlie le~.:~ehold ectate
in the e~-ent thi~ ~lort~aa~ i~ on :i I~asel~old) ~ir~ herein r~f~rrncl to as thc "t''ropert~
Rorrower covenant~ that RorroHer is la«•fiilh- ~ei~e~l ~f the estate hcreb.- con~e~e~l a~id h.~~ the
ri~;ht t~ mort~~~e, ~raut and c~on~•~~- thc• Pro~rt~-, th.~t thc~ Propert~• is unencnmberecl, and that
~ Rorro~~•er will warrant an~l def~nd !~en~r~ll~ th~ titl~ to th~ Proi~ert~- ag~inst :~ll clairos and demands,
~ .nha~c~t to a~~v easen~ents .?nd re~~trictions liste~l i~~ .i sc~hedule ~f exceptions to cover:i~e in an~~ title
~ i~isi~r~nce ~x~lic~- insurin~; I.end~r'c inferest in th~~ Y:opert~.
L'r I~oKrz CovEx~x~. Borro~~ er .ind Lendei• co~•enant an~l agree as follows :
1. Payment of Principal and Interest. Borrower ~hal! nrom~tl~ pav when due the principal of and inter~t
on the indebtedness evidenced by the Note. prepa~ment nn~i late charge~ as provide~i in the Note, and the princi-
pal of and interest on any Future Advances secureci b~ this ~iortgnge.
Z..Funds for Taxes and lnsurQace. Subject to 1.ender ~ ortion ~mder paragrnFhs 4 and 5 hereof, Borrower
snall pay to Lender ou the day monthl~ instaliments of ~~rincipal a:~d interest sre >>ayable under the Note, until
the Note is paid in tuil, a sum (herein "Funds"1 equal to one-t~veltth of the yearly taxes and assessmants ~vhich
may attaiii priority over this ~iortgage, and groimd rents on the Property, if any, plus one-twelfth ot yearly pre-
mium instellments for hazard insurance, plus one-tweifth of yesrly ~remium instaliments for mortqage insurance,
- if any, all ~ reasonably ~timated initiall~ ancl from timc to time bv I.encier on the basis of assessments and bills
and reasonable estimates thereo[. Thc Fm~d~ shal) 1?c~ hc(~I in an instih~tion the deposits or accounts of which are
FLOAIDA-~c-~:rn-~ ~0 4 F~ BOOK ~9 PACE 7~~
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