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~ This inatrument w~?s prepared bY:
• ~ t ~
Che1sea~Title & Guaranty Co.~
P, O._Box 1152 j
Stuart, Florida 33494 ,
MORTGAGE
~HIS ~iORT(~A(~E is m~dc this ~ day of ~r , 19 74 ,
tset~veen tl~e 1liortgagor, G~~IL~ M. JOHNSON and_AGNES. S~_JOHN$ON, his _wife
_ _ . _ . _ _ _ _ (herein "Borro~~ er"),
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~u~d the ~tortgagee, __.SOUTHEAST MORTGAGE C~lPANY . , n corporatiun
or~xnized and esisting under the la~vs o£ FLORIDA , whose liddre:~~
14 75 _Southeast _l4th_ Street_, .Miami, Florida 33131 _ (l~erein "T.ender").
~V~~Rx~a~s Borrower is indebted to Lender in the principal swn of T~NTY THOUSAND and
No/100 (~~0,000.00) pollArs, which indebteclness ix e~idc~nced b~• Borro~ver's not~ of ev~u
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date lierewith (herein "I~ote"), pro~ idin~ for monthl~ inGtallmcuts of principal anci inte~•~st, with
tl~e Ualance of the indebted~?~ss, if not sooner paid, due :~nd ~~a~able o~i ~t'~r 1, 2002 ;
To S~cueE to Le~ider (a) the re~~yment of th~ indebteduess evidenced bv tl~e \•ote, ~vith intc~r~~~t
thereou, the payment of t~ll other sums, ~~i1h interest thereon, ad~•~n~ced in necordaure here~+ith to
protect the sccurit~* of thic ildort~~re, and thc perfornuince of the comenunts a~ml ~rrec~neut~ oi
Borro~~er lierei~i co~itained, :»id (h) the-repayme~it of su~~- tuti~r~ iuh•t~u~e~, ~~itl? intrrest thr?•eo~i,
uiade to Borrower b~• Lender piu•su:uit to para~;raph 21 lu~reof (Lerein "I''nture Ad~~i~n~c~."),
Borro~ver does Lereb~~ inortrtire, ~;r:tnt .~ud rom•e~• tu Lend~r tlu~ follo~~ iu~ desrrilMd ~?ro~~ert~•
located in tl~e Count3 of ____.St. LuCie , Statc of ~'lorida:
Lot 41, Block 3231, PORT ST. LUCIE .
FLORESTA PINES, Unit 2,.according
to the Plat thereof recorded in the
Office of the Clerk of ~he Circuit
Court in and for St. Lucie County,
Florida, in Plat Book 15, page 3~,
public records;
D-`~ tll PA~fMEI~ 0~ 711~
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g a~ ST. IOC~E CJO., ~
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T«:FT~~~; ~~•itL .~ll the impro~~ements no~~- or liere.~fter er~cted o~i the prope~•1~', and all e~~sements,
rigl~ts, appttrtenances, rent~, ro~•:ilties, mineral, oil ~u?d ri~;hts ~~ud ~~rofit4, ~cnter. ~~ater ri~hts,
aucl «•~tter stoek, and ~11 fixtures no~~ or here~tfter xttached to the propert.~, t~ll of ~~hicl~, includin~
replac•em~nt~ ~uid auldition~ thrr~~to, ~l~nll lx~ cleeme~l tc~ he .~nd ~'('111A111 !1 ])RTt of the properh• eoverecl
h}- tl~is ~tort~a~e; ~nd all of the forc~~oiu~, to~etlu~r ~~~ith ~~id ~~ropert~- (or the le~sel~old estate
~ in tl~r. e~•ent tlii~ ~[ort~:~~~~ i~ m~ l~asehold) au•c~ herein r~f~rred to ~i~ the "Propertr".
~ Borro«er coven~mt~ th~it Rm•ro~rer is la~~'fttll}- seic~d of th~ e~t~te hereb}~.com•e«d ~~nd li.~~ the
~ ri~l~t to ~nort,~i~~~. s;r~z~t :uul rm~~~c~- fh~~ Prol~ert}-. th.~t the Propert~• i~ imencuml~red. .in~l thaf
Borro~rer ~~ill ~~•arrant ~nd dc~f~ncl ~~~ner:ilh• tlu~ titl~ to the Prapert~- ~~ainst aU claims and demands.
~ sub,jc~c•t to an~• ~~~~emeut~ .u~~l rc~~tric•fio~i~ listr~l in ~c•lic~~hil~~ of exeeptions to eorer:~r~ in rtn~ titlc.
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; iiisin•~u~cc~ polic}- iusurin~ (.c~~d~~r'• interc~st in th~~ I'ropcrh-.
~
~ L?x~FO~:Ai COVF.NANTS. Ro~•ro~v~~r a»d L~mder c~?~ enant an~l agree as follo~•~ :
~ 1. Payment of Principal and lnterest. Borro«er shall ~~mmi~tl~ ~~av ~vhen due the principal of and interest
~ on the indebtedness evidenced by the ~ote, ~~re~~a~'ment nn~i 1:~te char~e~ as provided in the Note. and the prinei-
pal of and interest on any Future Adv~nces securecl by this \iort~ugc.
~ Z. Funds for Taxes and Insurance. Subject to i.ender ~ option under paragr~tpl~s 4 ~nd 5 hereof, Borrower
shall pay to I.ender on the da~~ monthl~ inst:~llment~ of ~~rinci~r.?1 and interest arc ~~a~at~le under the Note, until
the Note is ~~aid in full, a sum (hercin "Funds"1 c~uul to onc-t~velfth of the ycarl~ tAxes an~l assessmcnts which
may attain ~~riority over this ~tortgage, and groiuul rents ou tl~c Yro2~ert~y. if any, ~~lus one-t~velft,h of yearly Pre-
5 mium installments for huzunl insurance, plus one-t~~elfth of vcarih ~~remium installments for mort.gage itrsurance.
if any, all as rcasonably estimatecl initialh• aml frou? tinic to timc h~ i.en~ler on thc 1?asi~ ot assecsments and Ae11~
:ind masonable estimate~ thereof. 7'hc F~~n~l~ ~li:~l1 In• h~i~l ii~ :u? in~titidiou the de~~u?it~ or accounts of ~vhich are
FLORIDA-~~-1zn,-~ ~o • F~~
~ gooK232- ~1fi.37 ~
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