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MORTGAGE
TH1S MORTGAGE ("Security Instrumtnt") is given on Atx~tst 27 . ,
19 86 . The mortgagor is
J~IN WESLEY SZ£VEN WATSOPI and SANDRA G. WAT90N, hi.s wife
{'•Borrower"). This Security Instrument is g~ven to ~ g~(
~ OF ST. LLICIE QOL1rTI'Y, a Flo~ida b7r~king Co~p0~r8tiOn . which is organized and ezisting
under the laws of State of Flo~ic~a , and whase addras is 111 ~'ange Avenue,
Fb~rt Pi~eroe, Flo~'icia 33450 ("Lender").
Borrower owes Lender the principal sum of FORTY ~OUR 21f0US~ IVINE H[~IDRED ANp 00 J 100
Dollars (U.S. S 44 , 900 . 00 ~~s debc is evidenced by'9orrower's note .
dated the same date as this Security Instrument ("Note"), which provida for monthly payments. with the tull dcbt. if not
paid earlier, due and payabk on 1 201~ . This Security
Instrumen~t secures to I.rnder: (a) the repayment o~the debt evidenced by the Note. with interest, and all renewals,
extensions and modi6cations; (b) the paymrnt of all other sums, with interest, advanced under paragraph 7 to protect the
security of this Security Insttummt; and (c) the performancx of Borrower's covenants and agreements under this Security
instttiment and the Note. For this purpose. Borrowu does hereby mortgage, grant and convey to L.ender the following
described property iocatcd in County, Florida:
Lot 20, Block 81, LAKEWOOD PARK UNIT SEVEN, according to the Plat
thereof, as recorded in Plat Book 11, Page 13, of the Public
Records of St. Lucie County, Florida.
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` f_`- ~ ~,.U ~ i[] ~G. Receh~ed S C7~ ln Peyment Of~Taxes
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~-rA,T~ . , ;TAMN?A_X t
ppC'JM~tJ~ARY ` D~" 0~ 1~`an ,~be Persona! ProPertr.
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` CF N.EVEPiUE ~ Pu s:.n ~~o ' a er I:, ?34, Acts 1971.
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_ O t ..~i2 PuITRAS ,
` - - AUutB'86 , _ _ ; ~~er., ~i;~ui~ Court, S:. Lucie, Co., Fld.
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~ which has the address of 7501 St . Luci.e Avenpe Fort Pierce, ~
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Florida 3345I ("Property Address");
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TaGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rsghts,
E ~ appurtenances, rents, royalties, mineral, oil and gas righis 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 Inslrument. All of the
~ ~ foregoing is referred to in this Security Instrument as the "Property."
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~ $ORROwER CavENANTS that Borrowe~ is lawfully seised of ihe e~tate hereby conveycd and has the right to
a mortgage, grant and convey the Property and that tbe Property is unencumtxred, ezcept for encum6~rances of record.
~ Borrower warrants and will dtfend generally the title to the Properiy against all claims and demands, subjcct to any
~ ~ a encumbranca of record.
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TH(5 SECifRITY INSTRUMENT combincs uniform covenants for national use and non-uniform covenants with ~
~ ~ limited variations by jurisdi~tioa to constiiute a uniform stcurity instrument covering real property.
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~ ° FLORIDA-singie fam~ly--fNMA/FHLMC WiiF~RM NtSTRUMENT Form 3010 12/a3
~ finanzial Urr Forms"'
Fwm 16tS (1 Q
~ BOOK 5~~ PAGE 705 3
4-0436•000-0
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