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MORTGAGE
~ _ ?HIS MORTGAGE ("Sxurity Instrument") is given on January 3 •
1986 .Themortgagoris ARTHUR R. HAGERMAN and SANDRA
A. HAGERMAN, his wife
("Borrower"). This Security Instrument ~s g~ven to SUN BANK OF
ST. Li)CIE QOZJNI'Y, d Floridd bdnking corporation , which is organized and existing
under the laws of Fl~~ . and whose address is 111 Orar~qe Avenue,
Fart Pierce, Florida 33450 ("Lender").
. Bonower owes Lender tht principal sum of ~enty-S~ven Thousand and 00/100
_ _ _ _ _ _ _ _ _ _ _ _ _ _ Dollars (U.S. S 2'] ~ 000. 00 This debt is evidenced by Bonower'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 Feb~ruary l, 2016 . This Se~;urity
Instrument securrs to Lender: (a) the repayment of the dtbt evidenccd by the Note, with interest, and a!i 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 agrcements under this Security
Instrument and the Note. For ihis purpose, Borcower does hereby mortgage, grant and convey to Lender the following
described property located in St . Lueie County. Florida:
Lot 4, Block 25, LAI~,WOOD PARK, i1NIT N0. 4, according
to the plat thereof, as recorded in Plat Book 11, Page
2, of the Public Records of St. Lucie County, Florida.
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Receb ~ ~
Due p ~ , ~ ~ ?n payme ~7
~..s 1~ . ~t Of tax~g
Pursuant Tp ~;7j}~ ' ~j' ''e'sonal Property,
• ' • Acts Of 1971.
Cle?k E. i 'r~I i ;t~S
Circuit Court. St. Lucie. Co.. ~
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whichhastheaddressof $002 Eden Road Fort Pi e
[sc.eet) ~t~~l
; Florida 3 3 4 51 ("Property Address");
(z~o Code)
TOGETHER WITH all the improvements now or hereafter erected an the property, and all easements, rights,
~f' 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 Instrumeni. All of the
- foregoing is referred to in this Security Instrument as the "Property."
BORROwER COVENnNTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
• , mortgage, grant and convey the Property and ihat the Property is unencumber~, except for encumbrances of recard.
Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
encumbrances ~f record.
~ ~ THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
t limited variations by jurisdiction to constitute a uniform security instrument covering real property.
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' FLORIDA-ssngte family-FNMA/FHLMC UNtFORM INSTRUMENT pn (1K Form 3010 12/83
Finandal law Fame° UU~K P~G'E
~ C ~ ~ Fortn 1615 •
~ Revr. d/81
4•0436-000-0
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