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HomeMy WebLinkAbout0699 ~ ~v ~ ' ~QO~v~ This inatrument waa prepared by: ~ • Q~elsea Title & (~uara~ty Co• ! P. O. eoa 1152 Stuart, Florida 33494 } ; ORTGAGE ' ~ ~ THIS ~iORTGAC~F is mnde this ~ dn~• of ~.C~tG~ , 1`~ ~~J, ~ Lehveen hr \lofrt~ :_~gor p~~ QiIId-SF~ aYld DQRIS QiIl~e~, his wife ~/1~/s ~ ~(~III~I-.SF~ and D. C~iII~I-SEE, his wife (herein `Borro~~•cr••), ' ~~n~t thc~ ~toi•tgt~gee, 90i1I1~AST I~GAGE 0~'~ANY , a cor~~~?ratiui~ ~ or nnized t~nd existi»~ undQr t~e l~tws Qf Fl~~ ,~~~hos~~ a~ldr~~~ , is ~390 BriCkell A~enuB, Ni~a~t, Florictia 33131 (herciu "i.c~nci~~r'•) ; `~~IIERkAS~ Rorrower is indebt~d to I.ender in the pri~?~i~ml ~um of ~'Y~~'~ ~ ` SIX_Hi~ dYld NU/100----- Dollnrs, ~~hieli i~ictebt~~~l~u~~~ i~ c~~~id~nce~l h}- Rorro~~•~~~•'~ not~~ oi' ~~~~en ~ clate l~erewith (I~erein "\Tote"). proridin~ fcn• u~onthl~• in~tzilhn~~nt, ~?f n•inr~i~:~l :uut int~~re~•t. n•itli ; the halance of the indebtedn~5s, if not som?c~r ~?:iid, ~luc> >~nd ~~ti~•i~ble on ~ 1, A. D. 2003 : To S~r.t~e~ to I.endei• (a) the re~~:it•ment of th~~ iud~htechu~~. e~•i~l~~u~•~~d h~• the \ot~~, ~~•ith iul~r~~•t tliereon, thc pa~~ment. of all other sttm•, ~cith i~it~~rc~~t th~reon. it~l~•~u~e~~el in :iecord:u~r~~ h~~i•c~~~•itli t~? ~ protect the secnrit~ of this ~iort~arr, .ui~l th~~ l,~~rform:~nc~~ of tli~~ c•~?m•~m~u~t, .ind .~~,r~~e~n~•nt• ol' Borroti•er lierein contnined, .m~l (h) thc~ r~~l?~i~•eii~~nt ~?t' :iu~- t'uh~r~~ :iih•:u?~•~~•, ~~•itl~ i~~t~~r~••t tli~~r~~~?~~, ~ ma~le to Rorro~ver b~• LC]1f~Cl' i)UI•su.int t~~ ~~ar~t,r?•:t~?li `~l h~•r~~~?t' (h~~r~iii "l~'utur~~ A~h•.~~ir~•."). . I3orro~~er does l~ereb~• u~ort~,.i~e. ~r:~nt .uul ~•onr~•~• t~~ I.~~ndc~r tlu~ t'ollo~~•i~i,r ~1~~~•ril~~~~l ~~r~~~irrt~- loct~te~l in the ('oi~nt~- of , State oC H'luri~lit : ~ ~ ! : Iat 10, Blodc 3125, PaRT ST. I~ICIE, Sectia~ 4S, ~ acoording to the Plat thereo~f , reoorded in the ~ Offioe of the Clerk of the Circuit Ca~rt in and far St. Lu~cie Couzty, Flori.da, in Plat Boo~c 16, ~ gac~es 25 throuc3h 25B, pubLic r~eoords ~ ,~~.F.~ } . '7./ . ~~1Q~~~,~~,~ 9~ ~ ' ~'v~'S dc i ; ~e~,~'~ ' ; ~~t~i~' ~a~= ~E - ~ , f l~'" ~ E~~S~~~~ ~ J~ . ~ ~ ~ V - s ~ Z 1 f V ~ ~ 'e T~K:F:THEI; ~~•itli all tl~e im~n•o~-t•uu~nt~ no~c or here.~ftc~r ~~r~~~•ted cm ii~e prope•-t~-, ttnd .~11 e~isement~, ~ ri~Lt~, .~ppurt~~n.ince~, rent~. r~?}~~~Iti~~•. mi~~e~•al. ~~il :uul ~,:i~ ris;ht~ .,nd ~n•ofit~, ~~-~ite•r. ~~-:iter ri~ht~. ~ .~wl ~r.it~~r ~tork, :nul :ill fixtw•e~ no~r ~n• liere.~ftc~r :?tt.~~lic~cl t~? th~~ l~ropert~•, all ~?f ~rhieh, includin<~ ~ r~~~lar~mi~~nt au~d a~l~litic?n~ tl~~~r~~to, •Ir.ill 1N~ ~lc~em~~~l t~~ h~~ :~ncl r~~m~in part of tl~c pro~~~rt~• ~~n•~rccl ~ I?}• thi• ~1~~rt,?u~~: :~n~l :~ll ot' th~, f~n•c~~,~?in;r, to,r~th~~r ~~•itli •ai~l ~~roPcrh- (ar the 1~~~~~holcl ~~~tatc~ ~ ~ Illt~ll' P~'l'llt t~ll~ ~~O1'f~i1~~P 1~ (Ill ~1 ~I~A~(~holcl) ill'1' ~1P1'Plll Tl'f/`1'1'P(~ t0 il~ t~ll' ~~~~1'O~)('1't~'~~ ~ ~iorro~~•er eo~•en.~nts th.~t R~~rro~~-~~r i~ 1~~~•fnlh- •c~i~c•~1 ~?f th~~ ectatc~ h~~r~h~- ~•on~-c~~•~~ci .m~l li,i. tlu• ~ ri!~Lt t~? m~~rt!,:~~~•. !,r:~ut ~~n~l r~?n~•~~~- thi~ 1'r~?~~~rt~•. ili:~t th~~ i'ro~?ert~• i~ uneitctunhe~re~l. a~~ut th~it ' R~?i•r~m•c~r ~~•ill ~~'.u•r~nt :in~l ~l~•t'~m~l ~,~m~•r:ill~• tl~~~ titl~~ t~ thr I'r~?pc~rt~- .i;'aii?st .ill ~•l~in~~ .;n~l cic~man~l~. .ul?j~•c•t t~?:~n~• c~a~c~i~ic~nt~ :in~l r~~•tri~ti~?n• li•ti~~l ii~ ~~•li~~~lul~~ ~?t' c~~e~~~tion. t~? c•o~-~•r:i~~~ in :ui~- titi~~ ~ i~~~ur.~nc~c~ ~i~?lie}- iii~tn•in~,• L~~ii~l~~r'• inter~~•f in th~~ t'ro~u~rt}-. ~ ~ - t~xtt~tc~r Covfxa~•r~. Rorr~~~-<•r :u?d T.~~ndc~r ~•~?~~~nt~~it anil a~i•ec~ a~ folla«•~: ~ ~ 1. Payment of Principal and Interest. Rorro~~er ~ic?II ~~rom~ith• pa~• ~vhen ~lue the ~~rincipal of and interest ~ on the indebtedness evidenced h~- the \'ote. preE?a~•ment an~l latc ~har~;c~ a~ providccl in thc Note. an~i the Princi- ~ p~l of and interest on any Future Advances ~ecum~l h~ this \1ort~age. ~ 2. Funds for Taxes and Insurance. fiuhjcct to Len~ier'~ o~~tion nn~ler ~~ara~raph~ ~1 and 5 hereof. Borrower ~ shall pay to I.ender on the da~~ iuonthlt• in~tallu~cnt~ of ~?rinci~~:~l an~i interest am ~~a~-ahlc ~mder the ~Totc, until ~ t.he Note is ~~aid in tull, a sum ihercin "Fllll(Ic"i ~~~uat to one-t~cclith of thc yearl~ taxe~ and acsessments ~~hich : may attain J~riority over this ~iort~:?ge, :~n~i ~rotu~~l rent~ on tlu• Yro~~erh•, if an~ . ~~iu~ one-t«elfth o( yearh pre- ~ ~ mium installments for hazard in~ur3nce. ~~lu~ rn~c~-h~'clftl~ of ~~earl}• ~?rcini~un in~tallment~ for mortfia~e insurance. ~ . if any, all a~ reasonabh- estimatc~l initialh• an~l iro~u tinic t~~ ti~n~~ I?~• L~m~lc~r on thc lra:i~ of assessments and hill~ i :?nd rea~onable e~tim:ite~ thereof. 'Ch~• F~uul~ ~h:ill lu• li~~l~l in un in~titution thc~ ~Ic~~o=it~ or account~ of which are # ~ ~ FLORIDA-~i.wtc-izr~i-~ ~0 1 F~mily ~ d00K ~.JV PAGF 6~ ~ ~ F~ _ . . : - -