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'Ibia inacrument waa pro ared by:
42QZ86 .~Q~. ~~~~g~ . . .
.~1Z .Dugoc~x. R~aza. ~~RKe~c
' Miami, Florida 33131
MORTGAGE
TH1S MORTGAGE is made this. . . . . .12~h , da of. October, , , . , , , , , . . ,
19.?8., bctwcen the Mortgagor, .JAMBS.. .Ie .RIDLEY ,and, BETSY .S:. , _ DLSY~ ,his, wife . . . . . . . . . . . . . .
. . .(herein "Borrower"), and thc"Mongagee . . . . . . . . .
.~lORTGAGE CQ~IPANY, INC. . . . . . . . . . . . . . . . . . . . . . . a corporation or anized and
existing under the laws of. . . , . . . . . Florida . . . . . . . . . . . . . . . . ~,~rhosc address is ~1 ,Cora~, Way .
. . . . . ~PF~4~. .~r~~T~€~~. ~:~o~F~~a. 3313~t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "I.ender"),. . . . .
WHEREAS~ Borrower is indebtcd to Lender in the principal sum of. . r~orcy-r ive Thousand Nine. Hundred
. . . . . ~d Ko/ }QQ. _($45, 900, 00)
. . . . . . . . . . . . . . . . . poJJars, whi~h indebtedness is evidenced by Borrower's
note dated. Octobgr,l2,. 1978, ,...,~~~~n "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner pa,id. due and payable on I~Vvep~b,~; . Z~$
To SFCUttE to Lender (a) the rcpayment of thc indebtcdness ~videnccd by the Notc, with interest ;:zemon, the
payment of ali other sums. with interest thereon, advanced in accordance t~erewith to protect the security of this
Mortgage, and the performance of the cavenants and agreements of Borrower herein contained, and (b) the repayment
of any future advances, with interest thereon, made to Borrowcr by Lendcr gursuant to paragraph 21 hereof (herein
"Future Advances"). Borrower docs hcreby mortgage, grant and convey to Lender the following described property
locatcd in the Count ~f . . . . St. Lucie
Y • • • • - • . . . . . . . . . . State of Florida:
Candominiun Unit No. 806 , of SF~? PIl~•S Z~n1F1t O~IDCMII~I,
acaoordir~g bo the Declarati.on v~ Condr~niniun thereaf dated th~e
20th day of Decenber, 1977, reoordec3 in Official Reovrds Book
280, at Page 2622 et. seq., of the Public Reoords of St. Lucie
Cflunty, Florida; bogether with all the appurtsn~noes t3zeret~,
all aoo~rdix~g ~ the said Declaration of Cor~d~ominiian and Ex- ~
hibits attached thereto.
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a ~ 1~+ raymwK Of T~as
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Arausm To CnsvRK »•134. llds Of ! J 1~ ~
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Ercuit Coun. St. Luci~. Co•. ,
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which has the address of. 3200. North, AlA,. Onit, 806. . Ft. Pierce
[St?Mtl [City~ •
. Florida. 33450, , , , _ , , , , , , . (herein "Property Address");
(Stat~ ana 2ip Code] _
TOGETHER W1tI1 8II tI1C improvements now or hereafter erected on the property, and all easements, rights,
appurtenanccs, rents. royalties, mineral, oil and gas rights and profiis, water, water rights, and water stock, and all
fixtures how or hereafter attached to the properiy, al! of which, including replacements and additions thereto, shall be
deemed to be and remain a part of the propcrty covered by this Mortgage; and all of the foregoing, togcther with said
property (or the leasehold estate if this Mortgagc is on a leasehold) are herein referred to as the "Property".
Borrowcr covenants tbat Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
grant and convey the Property, that the Property is unencumbered, and that Borrowcr will warrant and defend
generally the tide to the Property against all clairps and demands, subject to any dectarations, casements or restriciions
listed in a schedule of exceptions to coverage in any title insurar~ce policy ins~ring Lender's inierest in the Pro~erty.
fLORIDA-z to 4 Family-b/75-FMMJIJfNIYC UNIfORl1 INSIRUAIFI(T 0 R~~ ~
~t-s~ ~ 800K PA1~
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