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~ THIS [S A BALLOON MORTGAGE AND THE FiNAL PAYMENT ORTHE BALANCE DUE UPON MATURITY ~
IS~S~.,~ TOGETNER WITH ACCRUED INTEREST, IF ANY. AND AI.I. ADVANCEMENTS i
MADE BY THE MOR?GAGEE U~1DER Tt~E TERMS OF THiS MORTGAGE.
Thla lnstrument wa~ ptapared by.
. UNIT~p TIiTI.~ SERYlCES. AF .WEST
- PALM BEACH, INC. ~
1870 F.orest . Hilt . Bl.vd.., .&~ite . Z.t 1
t7est Patm 8each, F1. 33406 :
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. ~
~rccount .Number .20555-9
THIS IS A SECOND MORTGAGE. ANY !
DEFAULT IN THE TERMS AND CON•
DITIONS OF THE EXISTING F1RST .
MORTGAG~ SHALL BE DEEMED A
DEFAULT IIV THE TERMS AND CON-
DilI4NS OF71~.S SECOND MORTGAGE
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MORTGAGE
THIS MORTGAGE is made this . . .15th, , day of . ~anuary , , , , , , , , , , , , , , 19. 87 , between the Mortgagor,
141argaret Nelson, an unremarried woman
(herein "Borrower'), and the Mortgagee, CITIC0I;P SAVINGS OF FLORiDA, A FfEDERAL SAVINGS
AND LUAN ASSOCIATION, a corporation organiaed and existing under the laws of the United States whose address
is 1790 Biscayne Boulsvard, Miami, Flodda 33132 (herein "Lender').
WHett~?s, Banower is indebted to Lender in the principal sum of U.S. $ . . . 15 ~ 404..$~ . . . . . . . . . . . . . . . . . . . . .
which indebtedness is evidenced by Borrower s note dated . .~?R4a1'.X . 1.5.,, , ~ ~.$7 , , . , . , , , , , and extensions and
renewals ther¢of (herein "Not¢'7, providing for monthly instaUments of principal and interest, with the balance of the
indebtedness, if not sooner paid, due and payable on . . . . . .lanuar.y. .22.,. . i 992 . . . . . . . . . . . . . . . . . . . . . . . . . . :
To SECUt~ to Lender the repayment of th¢ indebtedness ¢videnced by the Note, with inte~est thereon; the payment of
~ all other sums, with int¢r¢st hereon, advanced in accordance herewith to protect the security of this Mortgage; and the
performanc¢ of the covenants and agr¢ements of Borrower h¢rein contained, Bonower does hereby mortgage, grant
~ and convey to Lender the following descrtbed property loc~ted in the Counry of . . . . .4U.G~~ . . . . . . . . . . . . .
r State of Florida: •
k - Lot 15, Btock 51, BILTMORE PARK SUBDIVISION, as per Piat thereof,
~ recorded in Plat Book 4, Page 52, of the Public Records of St. Lucie
~ County, Florida.
ReceM~d ~~..y~ In Paymer?t Oi T~xes
~ Ow 0~ C:as~ In:an ;(5'e Pa~aonal Property,
~ Pa~want to Ch~p.~r 71, i34, Acu 4f 187L
- ~ TAT ~ ^ F° ~ . (7 ~ ~ C~ A ~ ~ ~a~~i~,~
: r c- ~ - " =r : , C~?k CJrO~! CNN1~ Or •
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- _ _ .,~<<_~. - _ j 3. L ~ i
:<<; ~ = ee. = JAN 19'87 ~ -a~= ,y: -
~ l0523 ! i
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~ which has the address of . . 240a , Missis5ippi, ,Avenue . . . . . . . . . . . . . .Fort . Pieree . , . . . , _ . , . . . . . . . . . , ,
(Sa~s~ lCuy)
~ Florida . . . 3345Q . . . . . . . . . . . . . . . . . . . . . . . . (herein "Property Address");
~ (Z1p Cods)
~ Toc~HeR with afl the improvements now flr hereafter erected on the properry, and all easemQnts, rights, appur-
tenances and rents, all of which shall be d¢emed to be and remain a part of the property covered by this Mortgage: and all
of the foregoing, together with said property (or the leasehold estate if this Mortgage is on a leasehold) are hereinafter
r¢ferced to as the "Properry."
The Mortgagee is hereby expressly authori2ed at the option of the Mottgagee to advance all sums nec¢ssary to keep
the first Mortgage in good standing and all sums so advanced shafl be subject to the provisions of Uniform Covenant 7 of
this Mortgage. The Mortgagor agrees that the MoRgagor shall not make any agreement with the holder of the First
Mortgag¢ which shal{ in any way modify, change, alt¢r or ext¢nd any of the terms or conditions of the ~irst Moctgage, nor
` shall the Mortgagor request or accept any futur¢ advances under such First Mortgage without the express written consent
of the Mortgag¢¢.
Borrow¢r covenants that Borrower is laurfully seised of the estate hereby conveyed and has the right to mortgage,
grant and convey the Properiy, and that the Property is unencumbered, except for encumbrances of record. Bcxrower
~ covenants that Borrower warnants and will def¢nd generally the title to che Property against all claims and demands, sub-
ject to encumbrances of record.
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