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MORTGAG
THISMORTGAGE ("Securitylnstrument")isgiver.on~ ruary20 . -
19 85 .Themortgagoris FRANK LACY~ JR. and SNIRL~Y I.. LACY~ his Wife
("Borrower Th~s x.:unty Instrument is given to
SUN BANK/INDIAN RIVER, NATIONAL ~SSOCIATION ,w'hichisorganizedandexisting
underthelawsofthe United States of Americaandwhoseaddressis p,0. Box 1150
Vero Beach, Florida 32961 ("~ender").
Borrower owes Lender the principal sum of SEYENTY-FOUR THOUSAND AND NO/I00----------
Dollars(U.S.S'74~000.00 )-ThisdebtisevidencedbyBorrower'snote
dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not
paid earlier, due and payable on March 1, 2015 . This Security
Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the
security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security
Instrument and the Note. For tt?is purpose, Borrower does hereby mortgage, grant and ~onvey~ to Lender the Following
described property located in St . LuC i e County, Florida:
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Unit #A-302 of Bryn Mawr Ocean Towers, according
to the Declaration of Condominium thereof
recorded November 2, 1984 in Official Records Book
447, page 840, of the public records of St. Lucie
County, Florida, and amended in the Amendment to
Declaration recorded December 6, 1984, in
; Official Records Baok 449, page 2825 of the public
records of St. Lucie County, Florida, together with
the share of the common elements appurtenant to such
i Unit.
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Due On C:ass "C" l~ta~:;i~.'e Persenal PropertY. I
i Pursuant To Chap;°? 7=. 1~ 1, .^.t:s Of 1971. I
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~ Clerk C+rcuit Court, St. Lu:.ia, Co.. FFa~~ ~
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_ Nhichhastheaddrestiof 5206 North AlA, Unit #A-302, Fort PierCe,
(st~eet) ~c:ryl
F Florida 33449 ("Property Address");
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T(K;ETHFR WI ~H all the impro~~ements now or hereaRer erected on the property, and all ea~;.ments, nghts,
appurtenances, rents, ro~•altieti, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
hereafter a part of the property~. All replacements and additions shali also be covered by~ this Security Instrument. Ail of the
furegoing is referred ta in thi~ Security Instrument as the "Property."
Bc~RRC~w'ER C~~vF'~A~TS that Borrower is lawfully seised of the estate hereby~ conveyed and has the right to
m~rtgage, grant and c~me~~ tne Propert}~ and that the Property is unencumbered, exce~t for encumbrances af rec:ord.
Borrower warranh and will defend generally the title to the Property against all claimt and demands, subject to any
encumbrance~ of rernrd.
TFii~ St c~ Ri tv 1~5rkt ~~t:~ r combine~ uniform covenants for national use and non-uniform co~~enants with
limitrd ~~nanom b} ~ur~~dicticm tc~ contihtute a uniform security instrument covenng real property.
FLORIDA-s~ng~e ~a~-~,i~-FNMA/fHLMC UNIFORM INSTRUMENT Form 3010 12/83
F:~d~_~d, ~a.. <<•~, • K 457 P'G~ e7J~
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