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USDA-FmHA ~ • , z~ ~~.'s : : ~ ~ ~
Form FmHA 4Z7-1 FL Poaition 6 ,
~1 TM fwm o1 t~is Mstn~mM! w~1 41attW ~y tM Offlq Of dN
) a~n~rN counsN w ~n~ unit.a saia woare~++«~t w Mrkwcrn,
wa~nMNtoe. o. c.. se0 ths nwtKta~ in tM sbnK s~o~s U tA~
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. ~ Abstract a 1'i~e Coruo;~},~~ Q~F1Qri~a
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RBAL ESTATE MORTGAGE FOR FIARIDA -
THIS MOR'PGAGB is made and entered into by L- Fero ~~n
residin6 ia _ SS'.. Lurin Couaq~ F~O~ N}IQt! POiL OESCC ~dfqi
n 1511 8 Avenue 0. For~,Pie~ ,g~~ 33450 ,
berein called "Borrower," aad: ~ ~ - , ~
WHE[tEAS Borrowe~ is indebted to the Uaited Suta of Amezica, acwig through the Farmen Home Admia~tratian,
Uniud Sutes-bepartment of AgRicultnre, herein caUod't6e "Goverament," as enidenced by oue or tnore proini»ory nou(sj
or assumptioa.agceemeat(:I~ hercin ulled "noa,'• whids l,as been e:ecuud br Sorrower, ~ ga~rab~a to the order of t6e
Government, authorises actekntion of the entire indebtedness at t~e option of thc Go~ernmeat upon any defanlt by
Bocrower, and is dezuibed as follows:
~ - A~naro! Rati Dyt Dete of Pinal
~te of lnstn~n~art Principd A»io~~t o 1„tenst InstaWnent
October 19, 1977 $17,280.00 8X October 19, 2010
~~~5 ; . _ . .;:.:~~~r r':~s~~.r~~ ~ ev: D~r tJe„ -
~
.,:~:~::a; :.T Q Tt~L~ CCT:?_ C ~LA.
ct)b S. 21iJ ST. P:.M FtERC~ t..~t?t.7A
Md ti+e note evidences a toan to Borrower~ and the Gonemrnent,~at an~ time. maya~g~ the note snd insnre the
payment thereof pursuant to the Consolidusd Fsrn? and Ilural Development Act, or Tit1e V of the Housing Act of 1949; .
Md it is the purpose and intent of this insuument t6st, among ot6er tbing~, at all times whea the note is hdd by the
Co+esnment, or u? tbe e~ent the Government s6ouldaw~~ this iasa~ua~eat aithout inwrance of the note, this iaurument ~
d,all secure pa~nnent of t6e noce; but when tbe nou is hdd bp an inaued holder, tbis ias~um~at shall not xcure payment oF
t6e note or attac~ to the debt enidenud thaeLy, but ss m the note aad wd~ debt shall constiwte aa indemnitp mortg~ge to
x~re the Government sgsintt lou ewder iu inwraoce contnct 6y reasoa of aa~ definlt b~ Borcower:
Md this insuument a4o ucura future advances made witbin twenq- (20) yeacs fmm dau hereof ~so an~+one hcrein
alled Borrovrer vvhen evidenced by a note or aotes corering loans made ot inwrsd under Subtitk A of the Coa~olidated
Fum md Rnral De.elopmeac Aa a: Tick V of che Hou~ng Aa bf 1949, provided c6e tout prind~at indebudaar of the
~ ~acig~nal and fut~se loan: ~utt not ezceed f 17.280.00 , subjecc w the iame urms and condiaon seg~rding {
the au~ment af said aota hereiaabore prorided aad aII nferenccs in t6is iuuument to the "nou" ~hatl be desmed to
inciude fucuc~ nous. ~ . -
NOMI, T1iEREFORE, in contideratio~+ of the lo:a(~) aad a) at a11 times MrLea tLe nate is heLd b~ tLe Go~rernmeat. or in
( h d
the ersnt the Goremmeat ibonld suign this inmument without inauanoe of t~e psya~eat of t6e note. to acuce prompt
psrnent of the aae aad anJr ranewals md extendons tiieccof aad an~ ag~ecmeats coataiaed thereia. indud'iu8 ~7' P~~
for the parnient of an inwrsncs a ot6er charle, (b) at all timea wLen c~e aoa is held b~ m insured }wlda, to secure
pafonnaace of Bosrowa'sag~roenuat berdn co ~ndemaifjr md si~e hacmkss the G~a~eron~ent sg~iost las under its in:urance
ooat~set bp reasd`i of sn~ defsult br Bono~va, aad ~e) in .ay e.eac and u an c~ w xc~e che ~r«nPc p~rmeac of ~1
ad.aaaes asd wcpendiaues made b~ the Goreraiaent, wit6 interett. as 6eraa4ftsr descdbed, aa~i the per6ormaau of enr~r -
oo~cnsat and a~rcemeAt of Borsow~ss coetained 6creio or iu aa~r wPP~~~7 Borrower doea Lereb grant, -
bu~in, ~ell. coa~, mortg~ge. ainign and foccrrer warrwt i~ato tbe Go~erament t4e foUawiog prope~q dauted is ~ State
of Florida. Councy(ia) of St. Lucie Q_R f'Y1 : _
- - ~ FmHA 427-1 (Rev. 4-1l-77) -