HomeMy WebLinkAbout0978 • AND RETURN TO: ~
~ • ~EC~~~~lE E.~t HA~R~~~~~SUQIRE _
. ~ra~teri;"E~arris"arid"Eie~~eseri Y,A.
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~'uite''~80 ' Comeau ~ Bui~diny ~ ~ ~ ~
319 Clematis Street
West Palm Beach, FL 33401
1tiiORTGAGE
~ '7;3869~L o'
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THtS MpR GAGEiamadcthis ~th day~oi . December ,~q85,,,,,~betrieenthe
DON~LD L. DAV I DSON ~ and KAY~ ~ S~. ~ DAV I DSON ~..Yi i s, wi f e~ ~erein "Borrower'~, and the
M ortgagor,
Mcxtgagee, First. Consumer Mortc~age. Corpq~~Zion organized and existing under the laws of Florida, whose
address is. 500. E. Semoran.Blvd. 8uite 16. ,___,~~re~n "Lender").
•\rY~TJV+?y~' • ~ • • L`lwr;e~la 'Z77n7• • •
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W NF RE n~. Borrow~er is indebted to lxnder in the principai sum ~f U.S. 5 . . 2A ~.Q 0 Q . ,0,0 . . . . . . . . . . . . . . . . . . . . . . . . . .
ahich indebtedness is evidenced by Borrower's note of even date herewith and extensions and renewals therrof (hrrcin "'~ote`~,
providing for mon[h!y installments ~f principat and interest, with the batance of the indebteciness, if not sooner paid, duc and
pa}~3bleun . J~T~~s'~Xy. zQ~~. . . ,
To SECURE to Lender the repayment of the indebtedness cvidenced by the Note. with interest .hereon; the payment of all ~
other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; and the performance •
af the co.;, ~ants and agreements of Borrower herein contained, Borrowcr does hereby mortgage, grant and corney to L.ender the
followingciescribed propeny located in the County of . . . . . . . . . . St .Lueie . . . . . . . . . . . . . . . . . . . . . . State of Florida:
Lot 3, Block 152, SOUTH PORT ST. LUCIE, UNIT EIGHT, "
according to the Plat thereof, recorded in Plat Book -
14, pages 26, 26A through 26D, of the public records ~
of St. Lucie Cour.ty, Florida.
f THIS IS A SECOND MORTGAGE SUBJECT AND INFERIOR TO THAT
= CERTAIN MORTGAGE IN FAVOR OF BEVERLY HILLS SAVINGS,
~ A FEDERAL SAVINGS AND LOAN ASSOCIATION, DATED July 3, ].985,
` FILED AND RECORDED July 5, 1985 IN OFFICIAL RECORD BOOK
469, PAGE 1573, PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA.
~ ~ .
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Received 0 ' ~
1n Payment Of TaxM
Due On C~ass "u" Inian~ible Personal Propl~~
i.- ' Pu s:an_ To Ctup er 71, 134, Acts Of 19~1.
, _ ! ~1>. i i i-~, tr~' r ; ROGER f'OITRAS ~
~ . _ - - - -
, E . ~ . Cier:~
Circuit COUrt, St
: _ . . ~ . ~ . ; . ~ : , ~ f~ ; a ; lucie, Co..
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whichhascheaddressof ....306Q. D~,r~.en ,g,o,~~,,..pQr.t.St..,.Lueie,..
3 3 4 S 2 ~w~m~ . . . . . .~c~i~ ~ . . . . . . . . . ,
Florida . . . . . . : . . . . . (herein"PropertyAddress");
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TcX~tTHE R with all the improverr~nts now or hereafter crected on the property, and all easements, rights, appurtenances and
rents, a!1 of u~hich shall be deemed to be and remain a part of the property co~~ered by this Mortgage; and all of the foregoing,
together with said property (or the leasehold estate if this Mortgage is on a lea5ehoid) are hereinafter referred to as the "Property:"
Borro~+~er cuvenants that Borrower is lawfulty seised of the estate hereby convey~ed and has the right to mortgage, grant and
carney the Property, and that the Property is unencurttbered, except for encumbrances of record. Borrower co~~enants that
Borrower warrants and w ill deCend generally the title to the Property against all ctaims and demancis, subjert to encumbra~tces of
record. -
U~ ~ FoR!?~ CovF tiA!~ ts. Borrower and L.ender covenani and agree as follows:
i. Payment of Princ~al and Interest. Borrower shall promptly pay w~hen due the principal and interest indebtedness
, evidenced by the f~ote and tate charges as provi~ied in the Note.
2. Funds for Taxes and Ituurance. Subject to applicable law or a written waiver by Lender, Borrower shall pay to Lender on
the da}• monthly payments of principa! and interest are payable under the Note, untii the Note is paid in fuli, a sum (herein
"Funds'~ equa! to one-twelfth of the y~early taxes and assessments (including condominium and planned unit development
assessments, if any) which may attain prioriey over this Mo~tgage and ground rents on the Property, if any, plus one-twelfth of
~early premium installments for hazard insurance, plus one-twelfth of yearly premium installments [or mortgage insurance, if
any. all as reasonably estimated initially and from time to timc by C.ender on thc basis of assessments and biUs and reasonable
estiinates thereof. Borrower shall not be obligated to make such payments of Funds to I xnder to the extent that Borrower makes
such pa}~ments to the holder of a prior mortgage or deed of trust if such holder is an instituUOna! lender.
R ~ u Q
FLORIDA NOMEIMPROVEtilE\T-: (fd-F1iMA/fHLMCI'NIFORMINS7RUMENT-Modd~ed683 ~a7K V~ PAGE V~CJ
t 168 (12,83)
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