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HomeMy WebLinkAbout0988 ~ . ~~:~sl~ 2~`~ , , _ Y ~ I I ~ ` ~ • i -(Spxe Abore ThK Line Fo~ Recwd~n; Data) MORTGAGE _ THISMORTGAGE ("SecurityInstrument")isgivenon 24th., day of June, . - l9 85 . The mortgagor is JE.'S,SE R. E,DDY dT)d D?~NE F. IDDY, hiS Wlf2 'Borrower"). This Security Instrument is gi~en to FIRST NATIC[~L Bl~I~IIC AI~ID TFt[~ST t.'C't~'lP~1NY ~ SI~F~RT , w~hich is organized and eristing under the laws of ~e United States of America , and w~hose address is lst Nstional B~nk 3 Trost Co. of Stuari 815 Colwada Av~. Stwrt, FL 33~95 ("Lender"). Borrower owes Lender the principal sum of $j~{*~ffiJ q~ ~j ~p~100 - Ilars (U.S. 516, 000. 00 This debt is evidenced by E3orrower'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 Jti11y 1, 1995 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, ~~ith 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 this purpose, Borrower does hereby mortgage, grant and convey to Lender the following described property located in St. Ix2Cie County. Florida: Ir~t No. 633, Section II, in that certain ooridcmini.tatt knuan as Q[TIUOOR ~ORIS AT I~TI'I~5 ISI,Ai~ID, Il~lC a oondccn,iniian, as str~ai by tt~ plat x~eoorded in the office of the Clerk of the Circuit Caurt in ar~d for St. Lucie Caunty, Flori~da, in Plat Booic 16, Page 1: lA thraugh 1J, and acv~rd~ng to the Declaration of ~ndcrniniLan thexeof reaorded in Offici.al Reoords Boak 186, Page 2720, Public Records of St. Iucie CAUnty, Flari~3,a, and all Amerx~nts theretA, together with an undivided interest in the oamxan elanents appurt~ant theret,~ set forth in said Declaration. i ~ i E f ~ ~ ~ Pl~+!ISSO~ NO?I~ SEICU~ BY TfiIS Nf~KPC'~ OC[~TPAII~IS ' t AU7LJSTABIE IIJ~II~T RATE PRO~TISIC[SS. ~ Il~P~'T F RATE ArID NXNIHI~C PAYMENP CAL.I~ FOR BY SAID NC7~E ~ ARE 'II-NS SUB~TF7CI' Z~0 ADJL?S'II~3~'T . . cT O - 1' ~ , . . , ~~.~~-r ~ - , ~t~" ~r- . . Ff:l~Af~, ~ . . . . _ _ . i. . ~~ti Gf ...71. ~ _:ER f'C~TR:,S ~ , C . ~t s. Co., ~ta. ~ ~ ~ ~ s ~ w hich has the address c~j 9801 SGtlth A-1-A, IDt NO. 633 • JPxlse3l B2c~Ch • ~ (Street) IGtvi ~ Flonda 33457 ("Property Address"); ~ iZ~o Cr,ce; T(x;F:TNER WITH aU the impro~ements now or hereafter erected on the property, and all casementti, nghtti, - appurtenances, rents, ro}alt~es, mineral, oil and gas rightt and profits, water rights and stock and all fixtures now~ or hereafter a part of the pr:~perty. All replacements and additions shall also be crnered by ihis Secunty Instrument. All of the foregoing is referred to in this Security Instrument as the "Propert}•." ~ BORR~»'FR C~)t~F~A~TS that Borrower is lawfully seised of the estate hereby comeyed and 'has the right tc? ; mortgage, grant and com•e}• the Property and that the Propert~• is unencumbered, except for encumbrances of record. ~ Borrower warrant~ and will defend generally~ the title to the Propert}~ against all claims and demands, subject to any u encumbrances c~f rec<~rd. ~ Tf~is S[:c~~k~7~ ItiSrk~ ~~E.~t comhir.eti uniform co~~er.ants for national use and non-uniform covenants w~ith Gmited ~ariaticm~ by ~unsdiction to constitute a uniform security instrument covering real property~. ~ 3 L. A ~p FLORIDA--s~ng!~ Fa~~,~y-FNMA/fHLMC UNIFORM INSTRUhiEMT form 3010 12/83 Fnar,.~a~ Law Fr.ms-• ~ VV" Forrn 16~5 r3~(jK ~ P~GE a - - - ~ ~ ~ ~,w,-s~...r'" .a:.. ~.~,~t .'z r..~~.~~~. ~ .a;-~~~..",~m~"` ~ . ~ , . . .