HomeMy WebLinkAbout0979 This ine~trun~~t vab E~c.:E~are.i t~y; ,~ji
`~,~Q~C Fracicine Stein/
Q.a~0 J Citizens Federal Savings 6 Loan Assoc,
7965 South US 1~1
Port St. I.ucie, FL 33452
I~RICAC~
iM15 MIRIGAGE ~w~fe thi• ~ day of Sept. 19 83 , O~tw~n tM lbttqpor~
~ hc~ n arco~~t ~ M ctq~q~•~
t tt~Rlll Y NG L ~ a corpur~t on orpr? : ~nd ~aistinq und~~ tM l~r~ of tM Unltb St~t~•
~.a~?c~ .nos~ rddc•~s t• 999 Brlck~ll Ava~u~~ MiMI, floeld~ )31f1~ (~rr~in •L~r•).
M~ERfAS, 8orrow~r~• indebted to l~r fn tM pclncipal ~u~ of Fifteen thousand dollars and_ 00~ -
- - - - ~r~.
•,.-n in~khtr,M~e~a is ~v~denc~d by cra.~r'• ~»t~~dr sQ •(1~~~1~
'~~cr"), pruv~o~~q fo~ ~c~nthlr inst~ll~ta ot pttncip~l •e~e .
To S~•cure to lendec thu cepay~ent of th~ lMl~htedn~ss «~dencee a~ cn. Note. vlth int~r~~t tA~t~on~~ tM p~rNnt
~tl otnar a,w, wtih intereat U~sreon~ adv~nc~0 in ~ccocd~nc~ he~~rlth to prot~ct tM Ncv~itr of thts Mottqp~~ ~nd
ps~fur..w~ce uf the covenont• ~rW ~q~~e.~nt~ of !loecowr fr~~in oont~~n~d~ and (b) tAe c~pa~nt of ~nr fut~,r•
.,t~ancas~ ~?t1~ lntecsst thereon~ ~M to Borca.ee er ~.na.r p~ew~nt to p~r~qraph 18 her~of (nsr~ln "futur~ Mv~nc~~"~~
r~,.rrure~ due9 AereDr aortqaye~ qrant and conv~y to l~e tQ~ folla~inq deecriDM pcopertr ?oc~tad t~ tM Cw~tr of
St_ L•LC?~ , St~te of Flocid~.
Lot 12, Block 23, I,AI~.~nIt~OD PI+RIC, UNIT a S~bdivision ac~o~rding
to the Plat thereof, as recorded in Plat Book 10, at pages 63 & 64,
of t~ public rev~rds of St. Li~cie Ce~.*?~ty, Florida. ~J
1
4~ ~ STATE oF FL~Ri:~<=,~
D~~UMENTARY,.~•::;~ STAM?~ r1.3_ ~ • O~C~ In Payment Of Tax~i
w ~ ~ ~ Retelved S ~ •
DEPI.O~ P.EVEf~(UE ~ ~
v c» '
~ SEP fS'17 ' 2 Z. ~ O i Due On Ciass ••C.• Intan3ibta Person.~~ ~oce; .y.
~s. ' Pu~suant 7o Chapter 71. 13a. Acts Of 1~+~ 1.
w ~~t~R~ y~ I
I~~.)LR fv~~RAJ ~'~ll~l
C~erk ClrCUit COUrt, St_ Lu.~e. : o.. Fla.
r;, n rwy tnr LH1QfC~9 of 7704 Howard Road Ft Pi •
Strr~st Citr
Florida 33450 (here~n "P1'ope~[r Add~ee9").
~
lat~ a~~d~iT~udc
ta~r.tner with r,ll tf~e i*prove~ente ror or heceaft~t erectea on th~ pruperty~ and oll eose~ent~, ctgAt~. ~ppur-
~"'~d~MBy~ rnnta, royalt?ea, •ineral, oil rnA qoe riqht~ ~nd profite~ wtar~ wter ciqhts. one wt~r •tock~ ond all
:<<urna row or hercafter etteched to tAo pcopertr~ •ll of rhlch~ includtnq ruplacawnta onQ ~dd~tton~ tAereto~ 3ho11 D•
~•.nnJ to be und rerwin e part of the propectr oovarsd by thi• lbttQrgej and •ll of ths for~qolnq~ toqethar rith wid
~~,:::rty (ur the leaYelaid e9tate lf thie Mortqags ls an • le~eehold) a~• heretn c~ferced to ~ tM "Pcoperty".
Burw«er cuvenants thet 8ocrorar ie larfu2lr esi=ad of tAs sst~ts Mrrby conveYsd and haa ths riqht to ~ortqags~
;:~+nt end ccnvey the Property, end Lh~t Borro~+er ~ill r~e~~nt ond defbnd qennr~lly the titls to tA~ Pcopertr ~galn~t ~Ii
idia~e wid dr~anQa~ subject to ony declar~tions~ e~as~rnt• oc raetctctiorw li~ted in • achsdul~ of s~r~ption~ to
.~~Yerege in eny t~tie ineuronce policy ineueinq lender'~ l~tersst in tAs Property.
Ur,ifor¦ Cuvenente. Borrower ond Le~der rnvenont ~nd aqres se follq~e~.
1. tiorrorer ~+t~a11 pro~ptly pay when Aie t~e principol of ond intsreat on the indoDtednaes w ldanced by tA~ Not~~ '
~er MacyCa a3 provided in tAe Note~ end the petncipal of ~nr 1nt~reat m any futuc• Ildvonce• sacur~d by thu Mortgoq~.
Votn cv~taine provts~o~a allowinq for d~angsa in tA~ interset rots ~nd t~e ~cx~thlr pay~ent nte ~nd for incr~~se• !n
pr~nc~pal to be repaid. Interest ~Aall be calcul~tsd by uainq Gtizene Pereonol 8~ikinq Pri~a R~t• rnd ~dd~ny
two perc~nt~qe pointe ( 2 z).
2. 11nle:,s applicable lew pruvidea otAerwise. all p~y~ents reeeived by tender under the Note ohall be applle4 by
.~~.trr f~rat to interest payanle on the Note~ then to the pc/netpol af the Nota. ~nd th~n to intu~st arsd ptinclp~l m
. " tuture JWr~ncn9.
3, BurruMCr eriall per all I8x6Y~ osaees~ents ond othsr charqe9. finer ond ~posit~ona attr~Dut~Qls to tM Proper-
c~ »t~ich war uttoin o prioritr over thia Moctqaqe. and 1~Aaalwld p~y;ents or ground rsnte, if onr. Boero~ec ohrll
.:,~:nptly fu~niah to lender receipte evlddncinq such por~ent~. Borcorec ~t?oll pro~ptly diach~eqe ~nr lten rhich h~~
,:~ority over this Mortqoqe; provided~ t~~t Borrower ~h~ll rot be nquired to disct~arqe any 9uM 2len ~o long w Bos-
,~rr sr?ell ~~ree ?n Kritinq to the poy~ent of tt~e ebliqatton ~scursa by ~uM lien /n ~ ~nner accept~bl• to Lw~r~ o~
•+lt ?n qood faith conteat euch 11en Dy~ oc defend anforeMant of arcA lien in~ l~q~l proc~edinq• ~f?tch ap~~~t• to ,
r~rnt the e~~forcewrnt of ths lien or forfeltun of tA~ Prop~rtr or ~nr po~t thenof. ;
4. Borrorer ef~all keep the i~prove~ent• roM exi~tlnq oc hsceaft~c ecected on tAe Propertr Insur~d ag~tnst lo~• by
rr, twrard~? ?ncluded within the ter• "extended cover~qe•~ ~nd ~uch other hiiarde se LenQer rr r~quir• ond in wch
,.~.,;~ta and fur auch periods os lender ~r cequir~; prorid~0~ tt~at lenAsr uhall rot requ~re t~ot tAe aou~t of wch
.nraye r~cc~•~l lhat ewcxint of eovecoqe ~equir~d to p~r th~ ouy eoeurrd by tht• Noctqoqe.
Irr+ ~nnurence cerrier providinq ths inuurrnee ahall be ehoeen ~y Borrorer eub~act to ~ppror~l by lerxl~c.
All ~~~aurar?ce pol?ctea and rsnerala tharsof eh~ll Ds in for~ ucceptat,le to leru~ec ~r?d at~oll include • atorxf~rd
; tqo~e ciauue in fovor of ond in for~ ~cceptable tu le~xfer. Lender r1~r11 t~vs tAe r~yt~t to bld tM pol?cl~~ and
.a~~~rrdl• tnerrof~ ond UorroMec aholl pro4ptlr fucnish to lerber all reneral roticas an0 all cecelpt~ of poid pcMiu~e.
~ tne nvent ot losy~ borroMer eholl qive prwpt notic• to th~ inewronce carri~r r?a lendr~. l~r ry ~rk• proof of
~f roc ~ude prowtir by Borrorer.
Unlra9 le~~ter onA Norcortr otherMis~ oqr~e in rritinq. t~sur~nce proceedu rd~o11 Da ~ppli~d to s~ator~tion or
•,~~ir ut tAr Hropnrtr da~aqed~ provtdad auch teatotatlon or repair ecaw~~callr (roy?ble ond tM ~scurttr of t~1~
• ~~yeqe ie ~r,t therrbr iopa~red. If ~M c~etor~t~on oc np~i~ i• rot ecorww~c~llr feraib!• or /f tM pcurltr of thl~
' rc~~r~~n roul~f t~ iwya~~rJ~ ihe ineu~oncs proceedy ~?~ll Ds opNl~~d to th~ uu~ srcured ~y tA1• Ibttqaq~~ Mlth tbe
~f ~,u~.t tu tfurro¦rr. If tAe Pro{~ertr ~orxlaned br burrurar~ iu ~1 tsurrore~ (a~ls to c~~p~xK! to La~ds~
• r,,~, wl duy•. ~rua ~h~• datr. rot ~ce ie •a~led ~y lendse to 8or~arec tMt th~ inwr~nce c~~ri~r of(er• to ~ettl• • cta[•
, ~n:.ur,.ncr I~enrl~t~~ La~Jrr lu uutlwr~~ad to collect Ypply the i~~uurrnce prucerdr rt Lrnd~~'~ ap[~w~ tit?,~r to
t„rrt ~ur~ ur rr~~air uf the Prupertr or to tM auN .e~r.a or en,~ Mortqoqe.
. ~ ~ , y ~ . ~~Y411 ~ ~,E 978
:•.tit AcCeyy 1 ~r~e o( frr~l~t M4irt Y e r~~~
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