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~ ~ - • This inatrument ~vss prep~?red by:
' C . William Lewa.s
' indi~n "~R3V~r F~t~e~al Savings
~ arid ~ Lc~an P?ssociation
~ MORTGt'~,GE P. o. sox ~s9e
s F~. Pierce, Florida 33450
F`~ 'I'HIS A70RTGAGI: is ~ii~de this -____21s~~_~_______ day ~f ___F;g~,i~__w-_ , 197_~, .
beh.~ccii thc 1-iortgagor, 1?ona_ld_~_BQe~.~nc~Di~nz~_ K_!__Bo~~y~_~i8 wifg
` ~ _ (hcrein "Borrower-'),
: ~fici tlie ~fortga~ce, Inclia~i Ri~~er Federal Sa~'117gS ~ill(I LU111 ASSCKl1tt011, ~1 COC~OI'al10ll Ol'gillll?.C(~
; and c~isting tmdcr the ia~~•s of tlic United Statcs of Am~rica, ~rliose address is ~Tero Bcach, Florida
~ - ~ hcrcin "I,cs~dcr" ) . - , ~ ~
`~TIIF.RI:ASt Borrower is indeUted to LCAtjCT in tl~e ~n•incipr~l sum of ~''wen~y ~ir~e . thousand .
~ and .no/]~QO-_-------_--=-°-Doll~rs, ~ti~hich indehted~t~ss is e~~idencecl b~- Borro~~er's ~iote of even
F dnte here«~itl~ (l~erein "I~Tote"}, p.•n~~idinr for niontl~h= i~ist~llm~ntti of principal ~~iicl intc~r~~st, «~itl~.
t~ tl~e b~l~nce of the indebtedness, if iiot soonc~r ptsid, chie ~incl p~v:XUle on May .1_, 2000 ;
- To S~:e~ixF to Lencier tli~ rept~yiY~ent of the incleUtedness eride~ieed h~- tlie 1'ote, ~+•itli i»t~re~i
thereon, tlie pa~~ment ~f all other sums, ~~•ith in~erest thereon, ad~~ancc~l i~~ accorciauce l~ere;~~itli tc?
~ proteet tlic securitv of tl~is 1liortan~e, illl(1 t~1C ~)@1'fOTI]12111CC of the com~entinls :incl ti~r~~ement. of
` Iiorro~~~er I~erein eontained, :inct (h) the. rep~yn~ent. of .im' flltitre_:uh~€~ne~s, ~rith inirrest thc~r~c~n, .
~ llltl(~C tu Borro~~'er b;~ I~encler pursuar.t to ptii•a~;raph 21 hereof (l~ercin "I+'uturc~ l~~l~•~u~cc~~"),
Bo?•ro~~~er cloes liereU}• n~ortgage, grz~iit RDCI co~ivt~y to Lr.~icier tl~e follo~~~i~~~ ciesci•ibed ~,ropert~~
, ~ , _ . 5~.. I+uCle , St:ite af I+~loi•icl:i :
f located iu tlie Couitty of
~ - .
~ _ . _ . -
, _
= Lot 24, Block~ 15, South Fort St. _Lucie,~ ~
~ -
~ Unit 3, According:to the plat the~.eof
~ _ as re~orded in Plat Book 12, Pag~ 4, . ~ -
~ . of the Public Reco~ds of St. Luci:e County, _
Floricla . .~4~.~~ ~S/.~-4~ -D~/O
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`Poc:ET~IF.R ~Vitli ~~11 the im~n•o~-emc~nts no«- or hereafter ereetecl on tjye ~~r~pe~•t~-, .~ud :ill easements,
riglrts, ~ppurten~.nces, rent~, roralti~s, mincral, oil .~ncl- ~as -ri~;hts .~nd ~fit,, »•~iter, ~•-~ter rights,
~tncl ~~•ater stoc.k~ ~ill(~ tIII f.l'tlll•es ~io~ti• or hereafter ~~tt~c•hed to the ~~rope~rt~-, all of ~~-hic~l~, includin~
- repiaren~ei~tc iiZl(1 21(~(~1ti011~ tI1C1•etu, sl?all be (~EE'111C(1 t0 liE~ .iucl i'C'llllilll pR~•t of tlie I?i•opert.;~- co~•erecl
I= b~- this .:liort~age; aiic~ ail of the fore~oiii„ to~etiier ~~ith s~~icl propert}~ (oi• tl~e ~PfiSCj101(~ estate
I~ _ in the e~eut this :lfort~age :s on ~i le~isehold} ~re hercin refc~•recl to as the "Propertti-".
Borrower covenants t1~at.Rorro~~ei• is la«full}• seisecl of the estatc l~ereby conve.~~ed anc~ has the
right to mo~•tg~ge, ~rant ancl cm~~-e~~ tl~c Properi~T, th~t the Propert.r is imencumberecl, aud that -
I'~ Borroi~•er ~ti ill «~arrant ~nci ciefej~d ~ener~lfr tl~e titlc to t~~e Propert~- z~ainst all elaims and demands,
s - ~subject. to anc eas~me~its ~~zid~restrictio~~s listeci in ~i sci~ecl~ile of e~ceZ~tiotis ta corer~tge in ~ii~~ title
insurance ~~olic~~ i~»uring Lendcr's interest in thr ProperttiT. -
~ UNIFORDi CO~'ENANTS. Borron~er and I.end~r c~venant and agree as follo~rs : ~
~ . 1. Paymont of Priacipal and Interest. Borrower sh~ll proniptly paS~ whe~~ due the principal of and interest
on the ir.debtedness evidenced by the i\Tote, prepa~ment and late charges as providec~ in t.he Note, and the princi- ~
p~l of and interest on any Future Advances secured h~• tfiis \iortgage. ~
~F 2. Funds foi Taxes and Iasturance. Subject t~ 1.ender's option nnder paragraplis 4 and 5 hereof, BQr*ower
a sha11 pay to Lender on the day monffil_y instaliments of principal and interest are payable under the Note, until
the I1ote is paid in full, a sum (herein "Furids"') equal to one-t~r•elfth of the yearly taxes and nssessments which ~
may attain priority over this ~iortgage, and graund rents on tlie Property, if any, p1~~s one-t~velfth of yearly pre- ~ '
- mium instailments for haz~rd insurance, plus onE-twelith of ye3r1~- premit~m installments for mortgage insurance,
- if any, all as reaso~ably estimated initialiy and from timc t~ time by I.euder on the b~sis of assessments and bills
and reasonable estimates ther~of. The Fimds sl~nll Isc held in an institution the depo~:~s or ~ccounts of which are
FLQRID~i-~x~tc sz~~t-~ ~0 4 F~rr - _ i BOOK ~J~7 PAGE~~U(~ I
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