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HomeMy WebLinkAbout0989 . ' 1~ bJ44U~~ l~ ~ q [Spsce Abare Ttis Lwx Fa ftecadr~i Dals] 25521 TI MORTGAGE Loan no. 50-0280 THIS MORTGAGE ("Security Instrument") is given cn this 27th day of February • - 19 $ 5 The mortgagor is JIMMIE ANNE DEROSS , a s ingle adul t I ("&~rrower"}. This Security Intitrument g~ven to INDEPENDENT BANKER' S BANK OF FLORIDA . v? hich iti organi~rd and ex?,ting under the laws of FlOrlda , and whuse address is P. O. Box 1833, Orlando, Fla. 32802 ('~Lender"). Borrower ow~s Lender the principal sum of SIXTY FOUR THOUSAND and ri0/100------- Dollars (U.S. S64 , 000 . 00--- This deht is e~ idrnced by BorroK•er's note dated the same date as th~s Security Instrument ("Note"), which pro~ides for monthl~~ pa}~mrnts, ~ith the futl debt, if not paid earlier, due and payable on Mareh 1~ 2~05 . This Security Instrument secures to I.ender. (a) the repayment of the debt evidenred by the Nc~te, w•ith intrrc~.t, and all renrwals, extensionc and modifications; (b) the payment of all other sums, w~ith interest, ad~~anced undrr par:~graph 7 t~~ pmtert the security of this Security Instrument; and {c) the performance of Borrower's covenants and agreemrnts undrr thiti Secunt}~ Instrument and the Note. For this pur~se, B~rrow~er does hereby mortgage, grant and rome~ tu Lendrr the f:~lloa~ing ~ described property located in St. LllCl@ C~~unty, Flcinda: Lots 5, 8 and 9, Block 14, and the East five (5) feet of vacated alley adjacent on the West, OAKLAND PARK, according to the Plat thereof, as recorded in Plat Book 2, page 7B, of the Public Records of St. Lucie County, Florida. ~ . . _~~"g `~o : - . , . , _ , - . .~-ot~r~tY. ; , ~ C' _ .~t:.,....`~- ~ ~1. 4 ..,.:i ~ _ _ ~ _ . ~ _ t ~ f # whichhasihead~iretisof 705 SOUth 8th Street Fort P1~,~Cre `~treetj i..~,Y. Fli~rida 33450 ("Property Address"); [z~c Codej Tc?c;E7H~ rt ~'tTt~ all the impro~•ementt nok~ or hereafter erected on the property, and all ea~ementti. rightti, appurtenances, rents, ro}•alties, mineral, oil and gas rights and profits, water nghts and stock and all fixtures r~~w or hereaRer a part of the propert}~ All replacements and additions ,hail alti~ be cc~vered by thi~ Serurit~~ [nurument. Afl ~t the for~ec~in¢ is referred to in thss Security~ Instrument as the "Y~operty." BURR~~µF R Cc~~"Eti~~TS that Borrawer is lawfully ~ei5ed of the estate hereby conveyed and 'nas the right tc~ m~rtgage, grant and come} the Propert} ar.d that the Propert}• is unencumbered, except f~~r encumbrances of rece~rd. Bc~rr~~er warrants and will defend generall~ the title to the Propert~• ~gainst all claimti and demandti, subject t~ any encumbranres c~( rec~rd. THts SfCI~KIiY I\SiKC~1FtiI romhineti unif~~rm covenan[s f~~r nationa) use and non-un~ti~rm covenantti with limited ~anations b} ~unsdiction to constitute a uniform ~ecurity instrument co~~enng real pr~~pert~. FLORIDA--s~~g;~ Farr i,-FNMA/FHLMC UNIFORM INSTRUMENT form 3010 12l83 c~„r , , F.~a~,~~6,s a~ ~~.m5. - ~ 457 ~~~F 98~ ' Rev. 8/8~ ~..J- ~ .'1- ar rf ~ _ ~ „L e. ~ ~ . _ . u~'ee~~~~i- .y.