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MC)RTGAGE v~,o ,~;~o ~
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THIS MORTGAC~E is made this 6___ day of ~ 1Q-~4--~
bet~vicen the Mortgagor, FR~.~ v. *~~p~-~~ .~~~-''~--~s--~-'~e------ -
- ~ (herein "Aorrower")?
and the ?14ortgagee, Indian Ri~•er Fedcral Savings and Loan Association, a corporation organizeci
and existing under thc la~.•s of the L'nited States of Am~rica, ~vhose address is Vem ~3each, Florida
~ hercin "I.ender" N~g~BN ~RWSAND AND NO/
\~'nFe~,n~, Rorrower is indebted to Ler~der in the principnl sum of
100-----.--.---.----------,--~ollurs, ~vhieh indebtedness i~ e~idenc~~l 1?~- Barro~~er's nut~~ of ~ren
date hernWit~i (herein "~Tote"), pro~•iding £or monthh lilStA~~ilil*lltc c,f prin~ipnl »nd int~~re~i, ~~ith
tlie l~lance of the indebtedu~s~, if not sooner paid, due :~nd pa~•able o~i Septem6er 1, 1999 :
To SEC~~~s to Lender (n) the repayment of the indcbted»E~~: e~•iden~•ed i~~• ti~e ~'ot~•, ~~•itl? int~rc~.t
thereou, the pay-ment of all other sums, ~?ith interest thereon, ad~anced in accorclt~uc~~ hrr~~~rith tu
protect tl~e securit~ of this \iort~n~e, t~nd thc~ ~i~~rformance of tl?e con~eni?nts Il)l(~ ~~rer.n~~~nt~ uf
Barro~ser her~in contained, .~nd (1?) the repa~n~ent of iui~• fuMre :uh•»nce., ~rith interc•.t th~~reou,
niadc to Borro~ver b~• Lender pursua~tt to piu•arrnph 21 liereoi' (Lerein "Futurc :1~Ir.ui~~~~~"),
Borro~~er does 1?ereb~ uiortrage, grani :ind c•onv~>>• to l.en~i~~r tli~ follo~~•inr de~crii?ed ~?rc~~x:rt~•
locuted in ti~c Count~ af ST._ LUCIB _ ' . , St.ite of i~'lori~la :
Lot 5, Block 158, Unit 12, I~iCHW00D PARR, St. Iucie
County, Florida, as per plat on file in Plat Book
11, pages 26A and 26B of the Public Records or St.
Lucie County, Flarida.
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'!`cx:F.THF.f: «itL ull tl~e impr~~•enients no«- or hereafter rrected~ou the ~zrope*t~-, and all ea~ements,
rights, appurtenancec, rents, ro~alties, mineral, oil :~ud ri~hts auci profits, ~~ater, ~sater ri~hi~.
~ncl water ~tock, .~nci all fi~tures no~~ or l~ereaft~r attac:~ed to tLe propert~, all of ~rhicl~, including
replacenic•nt~ and addition~ thereto, sLall lx~ deemed to l~e .iizd rernxin a pt~j't of t.he propert.~ eovered
b~ thi~ ~tortgage; and 111 of tl~e foredoind, t~~rether ~cith said properh (or thc leas~l~old estate
~ in the e~ent thi~ ~tortrx~e is on leas~holcl) :ire hereiu rc~ferred to as the "Propert~
Rorro«er covenants that R~rro~~ er is la~rfiill}- sei~cd ~?f the estate l~ereb~ conveyed :~nd l~sis the
ri~ht to mortga~~, ~rant ~nd rrn~re~- tl~r Propert~•, that tlu~ Propert-~ is unencumbered, ancl tht~t
Borro:~er ill ~varr~nt and defenci ~enerall~ the titi~ to tl~e Prop~rt~ arainst a11 claims and demands,
suhject to an~ easement~ and restriction~ liste~l in a sei~edule ~f e~ceptions to coverr.~~ in an~ titl~
insurtince policr in~urin~ f.e>>dcr's interest in ~he Propert~.
L''NIFOR??i COVENAYTS. RAPTO\VCT and I.cnder coven~nt ancl agr~e as follows:
l. Payment ot Principal and Interest. Borroa er ~h~+ll ~?mmPtly pay wl~en due the Principal of and intet~est
~n the indehtedness evi~enceci by the ~Iote, prepayment an~l late char~e~ as provided in the Note, and the princi-
pal of and jnterest on any Future Advances secured b~ this ~tartgage
Z. Fun3s for Tepces ~td Insur~ce. Subject to I:ende*'s ~ption nnder puragraphs 4 and 5 hereof, Borrower
shall pay to I.ender on the day month{S instaliment~ of ~~r.ncipli and interest are pa~able under the Note, until .
the Note is paid in full, a sum (herein "Funds"1 e~uai to one-t~veffth of the yeariy tax~ and assessments ~vhich
may attain priority over this ~iortgage, and groun~i rents on ti~e Property, if any, plus one-twelfth of yearly pre-
mium installments for hazard insurance, plus une-taeltth of yearl~ premium installmer.ts for mortgage insurance,
if any, ail as reasonably estimated initiali~ and froro tfine to timc b~ T,ender on the basis of a.csessments and bills
and reasonable estimates thereof. The Funds sl~all I?c I~el~1 in an institution the deposits or accounts of which are
Fj,~RID~-FAI~K'.-12/'11-1 !0 4 Fasib
ioox 3~ PaCE 3Ui
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