HomeMy WebLinkAbout0992 ~ r
~7U105'7 ' `i
. ~ ~0
.
(Space Above This ti~e Fw Recwdn~ Data]
25150 TI •
MORTGAGE
THISMORTGAGE("Securi Instrument")is 8~'~enon....... th.~.~.,,12th„Day,,, of April
19..$.5... The morc~or is . . ~OULSON BUILDERS , _ .INC . , a. ,Flori~a. Corporation~~~~~~~~~~~ '
CALLA
.................................................................(::Borrower'). Ti~is Security Instrument is given W WAY LAND..&..CATTLE
CO INC . which is organized and existing under the laws of the United States, a~ whose sddress is 7801 Sac~dle-
bY'OOk I?r. , Foct Pierce, Florida33451"'Lender") Borrower owes Gender the.p~nci~l sum of
....FORTY. THREE.TAOUSAND..~DIE..I3UNDRED..EIGHTY..and..no~1U0-------
Dotlars(U.S. S...43r•l.~A•.•A4•••••)• This debt is evidenced by Bornower's note dated the date as this Security Instrumeat("Note"),
which providcs for monthly paymenu. with We fuli deb~ if not paid earlier, due and gayable on k',,aY...~.~......~..9 ~ 7 '
,
"I~is Security Instrument secures to Lender. (a) the repayment of the debt evidenced by the note, with interest, snd all renewals,
extensions and modifications; (b) the payment of all other sums, with interest, ad~•anced under paragraph 7 to protect the security of this '
Security Insinunent; and (c) the performance of Borrower's convenants and agrtements under this Security Instrument and the Note.
For this purpose, Borrower does hereby mortgage, grant and convey to I.ender the following described property located
in.........e~.~ e... ~.11~~,.4' County, Ftorida:
Lot 21, SABAL CREEK PHASE I, according to the Plat thereof,
as recorded in Plat Book 23, page 3~ of the Public Re~ords of
St. Lucie County, Florida.
THIS IS A PURCHASE MONEY SECOND MbRTGAGE.
~ .
; Mortaagor covenants with the martgagee that this mortgage and
~ the indebtedness secured by same shall not be assumable by third
~ party purchasers from mortgagor in the absence of specific written
consent of mortgagee and assumption hereof in regular form of law. ~
~ Any sale of the above described property without such written ~
€ consent and assumption shall be a default hereunder entitling ~
mortgagee to accelerate payment of any sums rer.taining due under ?
the promissory note secured hereby and to foreclose this r.iortgaae ;
in the absence of prompt payment. -
RCC?iVCj $~_~v__ - :~,y
of T~Xes
. 1'1LiP ~./il . i:- . . . ~i ly~ ~
L'
~ P~:;.:._:n~ . , , ~ ~ _.;il.
~ ~ Ciery Cir~~it .:o:.rt, ~o., Fld.`-~)~~
~ ~
whichhas~headdressof ........................Kimberfyld..Lane Ft. Pierce
. .
(Stree~J (~~tyj
Florida ......334.51 ;
~..Property Address"); ,
~
~ (Lp Code)
r . TOGETHER WI7H all the improvements now• or hereafter erected on the property, and all easements, rights,
~ aPpurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fiztures now or
~ hereafter a part of the property. Atl replacements and additions shatl also be covered by Ihis Security Instrument. All of the
x foregoing is referred to in this Security Instrument as the "Property."
~ BORROwER COVEtiANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
~ mortgage, grant and convey the Property~ and that t6e Property is unencu'mbered, except Wr encumbrances of record.
Bc~rrower warrants and witl dcfend generallp the title to the Property against all claims and demands, subject !n any
~ encumbrances of rc~ord. °
~
~
~ THIS SECl:R1T1' I~STRL~tE.~T comhineti uniform :ovenants for national use and non-uniform covenants with
~ limited va~ations by jurisdiction to const~tute a uniform security instrt~ment covering rcal property. _
~ .
~ FLORIDA-s~ngie Fam~Iy-FNMA/iHLMC UNIfORM INSTRUMENT a~~K~~~ QaGE t~~ INDIVIDUAL
~ 8/84 - LN #3
. _ _ _
~ _ _ _ _ _ ~ ~
~