HomeMy WebLinkAbout0938 . ~
~~;~~~~~~a BY: '746'731
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E::s E. Gonano. Esq.
lei?0 S. Fed~ra! Htvy. Ste. 200
Fort P~erca. Fl '33450
(30~) 464~1032 - _ - , " '_i r-: I f_::
Revicw'ed By: . . : -j_ ~ ' . , . TA M r ' t•, x . :
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(Space AOore This Line Fa Recadn= Dataj
MORTGAGE LOANi 22102469
THIS MORTGAGE ("Security Instrument") is given on FEBRUARY 3 •
19 86 The mortgagor is
Ralph H. Dersam and Doreen J. Dersam, His Wife
("Borrower"). T'his Security Instrument is given to
First Citizens Federal Savinga 6 Loan Association
which is organizod and existing under the laws of ~~ITED STATES OF AMERICA . and whose address is
1600 South Federal Aighway
Ft. Pierce, Florida 33450 ("I.ender").
Borrower owes Lender the principal sum of
SIXTY SEVEN THOUSAND AND NO/100----------------------------------------------------- `
Dollars (U.S. S 67 , 000 .00 This dtbt is evidenc~ed 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 1, 2001 This Security
Instrument secures to Lender: (a) the :epayment of the debt evidenced by the Note, w7th interest, and all renewals,
eatensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protxt the
security of this Security Instrument; and (c) the performance of Borcower's covenants and agreements under this Security
Instrument and the Note. For this purpose, ~orrower dces hereby mortgage, grant and convey to Ltnder the following
described property located in . St. Lucie County, Fiorida:
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Lot 33, Block 458, PORT ST. LUCIE,
SECTION 26, according to the Plat
thereof, as recorded in Plat Book 14,
Pages 4 and 4A through 4C, of the Public ,
Records of St. Lucie County, Florida.tr~ '
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~ 166 NE Twylite Terrace Pt. St. Lucie
which has the address of . ~
f (Sveet) (~~hl
, Florida 33452 ("Property Address");
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TOGETHER WITH 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. All reolacements and additions shall also be covered by this Security [nstrament. A{I of the
E foregoing is referred to in this Security Instrument as the "Propeny."
BoRrtowEtt CovE~ntiTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
~ mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
s Borrow~er warrants and wi11 defend generally the title to the Property against all clairrs and demands, subject to any
~ encumbrances of record.
E
~ THiS SECCRITY ItiSTRC;ME`T combines uniform covenants for national use and non-uniforn covenants with
s limited ~ ariations by jurisdiciion to constitute a uniform security instrument covering real property.
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~ FLORIDA-S:~g+e Fam~ly-fNMA/FHIMC UNIFORM INSTRUMENT b~~K~~~ PAGE ~/•~'J Fwm 3010 12/83
~ ~-6 (FL) ~~~VOATEO YUfIMESt F(SRMi~ INC. 11D-7f2-t700 OP r>.sz+•~z;~
VI.p COM?UTiR F M!. INC. fOS-IK-71~72 OR W~Ht-M)i
~ ,FLORIDA Of1L~
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