HomeMy WebLinkAbout0751 2~~6S2O '
, ~
,
~ ThiR~"~~A?t J~1~ '
.A
~~~?by ~
. ._..__LEpRGE..I~M~TZ---..
.__Itl~llitl_.I~LY4f..~_.sn[~~-n3'(Engs. _ .
ud I.aat~ :~.~_~:at~an
MORTGA~:
E zas• 1~th h~•e. P.a. ~x ~~09
Vwo Beac~ Fbr'wa 329ti0
THIS MORTGAGE is made this ~a _ day of _~~~er lg 74 ~
betwcen the Mortgagor, ~ L• QIICBR, aa uaresarried ~rido~r
~ (herein "Borrower"),
r
and the l~riortgagte, I~ian Rrv~~ ~a~?~irigs ancf I~n '~i~ti~, a~sporaiiun s~~Ltd
and existing under the laws of the United States of Am~rica, whase address is Vero Beach, Florida
~herein "I,ender").
- Wasssss, Borrnwer ie indebted to Lender in tLe principal snm of BiBhteen_.Thousand, Seven.
Hundred__Fifty . aad no/100._ ~llars, which indebtedness is evidenced by Borrower's note of even
date herewitL (herein "Note"), providing for monthly installments of principal and interest~ with
the balance of the indebtedness, if not sooner paid, dne and payable on _ Jaauary .1, 1995_ ;
To S$cuxs to Lender (a) the repayment of the indebtedness evidenced b~ tLe Note, w itl~ interefit
thereon, the payment of all otLer snms, with interest thereon, ad~•anced in aceordance l~e~rnw itl~ to
prntect tLe security of_ tLis ~ortgag^e, and the performance of the convenants and agreemeutg of
Borro~ver Lerei.n oontained, and (b) the repayment 4f anp fntnre ad~ances, with interest tLereoi~,
msde to Borrower hy Lendc~ pnrsaant ta paragraph 21 hereof (herein "Futurc Ad~ ~~~ces'!),
Borrower dces hereby mortgag~e, grant and convey to Lender the follow ing described property
iocaiPd in ine i;ouniy of - - . . . ~ ~*.~~c cf F~~r:as:
. ~
• _
_ i
Lot 10, Black S, S'[JNRISB BSTATBS, according to the plat ~
thereof recorded in Ylat Boot 8, at page 75, of the #
Public Records of St. I.ucie County, Florida. ,
- ~
- s
` ,M
~ - ~ ~
~n, -
~~~~n~~ ~ ~9n.m~
. c~ w~ ~ ~ _
a~ .
,
~
i • _ _ _ ~ "
~ - -
~
! : ~ ` !._O
~i~ ~ ~
- O Ct~1Vt~~tTARY~°~ S - , _
~ ~
~ . a"` ~ ~-s~ ,f _ ,l....~ ~ ~ ~ s .
~ . o - ~tli92 - - ` ~ _ ~
TocgrHgs with all the impro~ements now or hereafter erected o~? the propert~, and all easements, '
rights, appnrtenances, rents, royalties, mineral, oil aAd gas rights and profits, water, watei• rights,
and v~ater stock, and all fiztures now or hereafter attached to the propertr, all of which, including
replacen~ents and additions thereto, shall be deemed to be and remain a part of the property coverecl
bp this ~iortgage; and all of the foregoing, together with said property (or the leasehold estate :
in the e~ent this Mortgage is on a leasehold) are herein referred to as the "Property".
Borrower covenants that Borrower is 1avFfullF seised of the estate hereby conveyed and has the
right to mortgage, grant and con~
er the Propertv. that the Propertv is nnencambered, ancl that
Borrower will warrant and defend ~enerallv the title to the Propert~ against all claims and demands,
~ snbject to any easements and restrietions listed in a schednle of exceptions to coverage in any title
~ insnrance poliey insnring Lender's interest in the Property. -
IIx~osx CovsxexTS. Borrower and Lender covenant and agree as follows:
l. Pa~nt af Pra~cipad mad 1nt~reai. Borr~ovver shall promptip paq when due the principal of snd interest
on the indebtedne~s evidenced by the Note, prepayment and late charges ss provided in the Note, and the princi-
psl oi snd 'mtereat on sny F~hu+e Advsnces secured by this Mortgage. ~
i Ftmds ~x Tas~s amd Insar~oe. Sabject to Lender's option under psragraphs 4 and 5 hereof, Bbn+awer
~ shsll psy to I.ender on the dsy monthly installments of princips?1 and interest are payable under the N~te, until
the Not~e ia paid in full~ a sum (herein "Fands") equal to one-tvrelfth of the yearly taxes and a~semente which
~ rasy attain priority over thffi Mortgage, and ground rents on the Property, if anq, Plus one-twelfth of qearly pre- _ .
mium installmenta for hsssrd insursnce, plus one-twelfth of yearly premium inatallmenta for mortgage insuranoe, ;
if stry, all as r~asooably estimated initially and fmm time to time by Lender on the basis of ase~sment8 snd bills _
~ and r~sonable estimstea thereof. The Funds ahall i~e held in an inatitution tbe depoeits or accounta of which sre
~A ~ 4 ~ ~ ~34 ~ ?5~ ;
r_ ~ : ~ -
~ - 4x ir
~ ~ ~
_ : . „ =
_ ~ ~ ~~s~~`~~ . ' ~ ~ ~ _