HomeMy WebLinkAbout0541THIS IS A BALLOON MORTGAGE APID TNE FINAL PAYI'1ENT OR THE
BALLOON DUE UPON MAIURITY IS $18,680.00, TOGETHER WITH
ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY
THE MORTGAGEE UADER TNE TERMS OF THIS MORTGAG~1,~~~
MORTGAGE
3a ~o
~"TH1S MORTGAGE is made this ..~ ~ .. day of F e b r u a ry
19 1,betwoeatheMortgagor,.WI~I~IAM.H~..P TTERSON,,,SR.,_,and,~B~RN~~C,~,~,s;PqTT,~R$UN,
. . h ~ S , w i. f g . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( herein "Borrower" ), and the Mortgaga, . . . . . . . . . . . . . . . . . . .
• RRS~ •NATICNA4 • ~g CO~ ANXQ~ • STUAR~T~~~~~B ~ Y~
~~~~la~r xal~i~t~b~ .a . a..Q n d 1. a o k~. n 9. . A~ 5 Q C i.~l F l.4 !'~-uose aaaress a..P , ~.. A r a w e r..
.~3~..,..s.tu,~rt.~..E1.Qrid~_..3~445 ...............................(~rein"u~~••~,
WHEREAS, Bomower is i~ ted to Lender in the principal sum of. TWENTY, THQU$ANQ, ANQ. .NO/.~0~:
. : - - - - -: - ~ 2 Q.~.Q V ~. ti Q 0 - - - - - - - -. : - -. : - Dollars, which indebtedness is evidenood by Borrow~er's
~ .. „~~ _
note dated.~F.~~ruary ..~.9r. .... 1981 ~~in Note rovidin for monthl i t lments of rinci
interest, with the balance of the indebtedness, if not sooner paidpdue and payable on y. .~e , ruary P q~'~
....................:
To SECVttE to Lender (a) t6e repayment of the indebtedetess evidenced by the Note, with interest thereon, ihe
payment of all other sums, with interest thereon, advanced in aocordanc~e hercwith to protect the security of this
Mortgage, and the performance of the oovenants and agrcemonts of Borrower herein contained, and (b) the repayment
of any futur+e advances. with interest thereon, made to Bornower by Lender pursuant to pacagraph 21 hereof (herein
"Future Advances"), Bornower~ reby mortgage, grant and convey to Lender the following described property
located in the County of . . . . . S t : . , .u C 1 e . . . . . . . . . . . . . . . . . . . . . . .. Statc of I~lorida:
Lot 2, Block 1633, PORT ST. LUCIE, SECTION 5, a Subdivision
according to the plat thereof as recorded in Plat Book 12,
page 15A, of the Public Records of St. Lucie County, Florida.
Rl08rEe ~ ~I G' •QO 1~ ~AYME1fi OF TAxEi
DUE 0!1 aRSt •C IlITANC16tE PER50~tAt NtOPERiY.
P{ir^.St;tJIT TO LlWTE~ TI-~, ncTS o~ an
ROCE~ -OITRK
aauc ~ co~rr. s~ uat o~. ~~ m~ .
which has the address of. ..2234. S: W.. Edison. Circlet Port St. Lucie, Fiorida 33452
.... . .. ...... ....... ... . .. , ... ........ .
. [str..el tciqrl
. . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Property Address"):
tsut. s~a z+p coa.~
TOGETHER Wltfl a~I ttlC improvements now or hereafter erected ~n the property, and all easements, rights,
appurtenances, rents, royalties, mineral, oit and gas rights and profits, water, water rights, and water stock, and all
fiatures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
dcemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said
property (or the leasehold estate if this Mortgage is on a leasehold) are herein referrcd to as the "Property".
Borrower covenants that 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 Borrower will warrant and defend
generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions
listed in a schedule oE exceptions to coverage in any title insurance policy insuring Lender's interest in the Propert~~.
i~.
'Ibit instrument was prepued b :
Ft ~.t.Na~iQn~.~..6~~~.
;b,~rust,,,ompanx, o„ Stuart
FIORIDA-i to 4 Family-b~75-FNMA/FNIMC UMIFORM IMSTRUMENT ~~
n1.:~ 349 P~UE 54?