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[Spxe Move This I.ine Fa Recadi~ Dsta]
MORTGAGE
THIS MORTGAGE ("Security InstrumenY') is given on April 30, . -
19 85 .Themortgagoris HEMANT P. GUNDAVDA and CHAULA H. GUNDAVDA, his wife
("Borrower"). This Security Instrument is given to SUN BANK OF
ST, LUCIE COUNTY, a Florida Banking Corporation , which isorganized and existing
under the laws of the State of Florida , and whose address is 111 Orange Avenue
Fort Pierce, Florida 33450 ("L.ender").
Bonower owes Lender the principal sum of Two Hundred Seven Thousand Seven Hundred
Dollars (U.S. 5207 ~ 700 ~ pp This debt is evidenced by Borrower's note
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 December 1, 2000 ."This Security
Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and al1 renewals,
eatensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the
security of this Securiiy Instrument; and (c) the performance of Borrower's covenants and agreements under this Security
Instrument and the Note. For this purpose, Borrower dces hereby morsgage. grant and convey to Lender the following
described property located in St . Lucie County, Florida:
Lot 12, Block 3, HIDDEN RIVER E~TATES, according to the Plat
thereof, recorded ir? Plat Book 18, pages 14, 14A and 14B, of ,
the Public Records of St. Lucie County, Florida. ~
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~ which has the address of Lot #12 Rivers Court, HIDDEti RIVER ESTATE, PORT ST. LUCIE, .
4 [$treet] [Gryl
` Florida 33452 ("Property Address");
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T(~ETNER WITH all the improvements now or hereafter erected ~n the property, and all easements, rights,
appurtenances, rents, royalties, 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 shall also be covered by this Security Instrument. All of the
foregoing is referred to in this Security Instrument as the "Property."
BORROw'ER COVENANTS that Borrower is lawfully seised of the estate hereby con~~eyed and has the right to
F. mortgage, grant and conve}~ the Property and that the Property is ur~encumbered, except for encumbrances of record.
~ Borrower warrants and wiil defend generally the title to the Property against all claims and demands, subject to any
encumbrances of record.
; ~ THIS SECI'RITY ItiSTRI."NE~T combines uniform covenants for national use and non-uniform covenants Evith
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limited ~ariations by~ jurisdiction to constitute a uniform security instrument covering real property.
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FIORIDA-s~ngle Fam~~y-FNMA/FHLMC UNIfORM INSTRUMENT form 3010 12/83
~ financial ~aw Fcrms'' y
~ Form /615 ~71~ PacE
4-0438~000 O -
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