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Home My WebLink About0943 ~ • THI3 lN3TRUM6NT P PARfip ~Y: S v ~ ' . • ' LOAN N0. `•T91~-3 • : ? C. CRAhER I ; WHEN RECORD~D MAIL TO: ~ HOME SAVINOS oF AMERICA ~ 845923 ~.o. BOX 70TS ~ PASA~ENI` CALIFORNiA 91109-7075 ; i ~ . ~ ~ ADJUSTABLE RATE MORT~iAOE LOAN £ : f , This Martgage~ made thts 24th day of JULY 1987 , between € the MoRgagor, f JIMMY R. B1IRNNILL ANU SHIRLEY A. BARNHIL~, NIS 6fIFE ~v/ { (P~~ ` here(n cailed Borrower whose addrass is 849 S.E. WEST VIR6INIA AVENUE PORT ST. LUCIE, FL. 33452 ~ x I and the Martgage~ HOME SAVlNGSoF AMERICq F./~, a corporation herein caped LENDER, whose eddress is P.O. Box7075, Pasadena, California 91109-7075. I WHEREAS, Borrower is indebted to lender in the p~incipal sum of 41 ~200.00 _ FORTY-01~ THOl15At~ TI~ Ht~1DRED AND NO/ 100 ootlars, which tndebtedneas b evidenced by BoROwers Note of even date herewiih (herein"Note'~, providing for payment oi principal and interes~ NOW THEREfORE. BoROwer doea hereby mortgage, grant and convey to tender the following descritrsd property located Fn the ~ County of ST. LUCIE , in the State of Ftorida; ~ LOT 2~ ~CIG1C 411, POFtT ST. LUCIE SECTION THREE, ACCORDIM6 TO THE PLIlT TFlEREOF, RECQRDED ~ IN PIAT BOOK 12, PA6ES 13A THROU6H 13I OF TF~ PUBI.IC RECORDS QF ST. LUCIE COI.~ITY, ~ FLORIDA. 4 D ~~~a'~' Received s a V In Payment OF Taxes ' Due On Ciass "C" ~rt''n9 b~e Per?onai Propetty, ~ Pursuant To thap'er 71, 13A, Acls 4~ 1971. # DOUGLAS D1XON, .~L~ _ ' Clerk Circuii Coun, 51. Lune, Co., fle: - j ~ ~ 's . ~ Togetherwiih ail inter~st which Borrower now has or may hereafter acquire in or to said property, and in and to: (ea atl easements and rights of way appurtenant thereof; and all buildings, structurea~ improvements, tixtures and appurtenances now or hereafter placed thereon, including, but not limited tq all apparetus and equipmenf, whether or not physically affixed to the land or any building, used to provide or supply air•COOling, air-conditioning, heat, gas, water, light, power, reirigeration, ventilation, laundry, drying, dishwashtng, garbage disposal or other aervice~ a~d all waste vent systemS antennas, poo! equipmen; window coveringa, drapes and drapery roda, carpeting I and floor coveringr awnings, ranges. ovens, water heaters and attached Cabinets; it being intended and agreAd that such items be conciusivey deemed to be affixed to and to be pa~t of the real property that ia conveyed hereby, and (cj aii waterand water rights (whether or not appurtenanq and sha~es of stock perteining to such water or water rlghts, ownership of which affects said property. Borrower agrees to ezecute and deliver, trom time to time, such iurther instruments as may be requested by Lender to confirm the lien of this Mortgage on II any such Rropertiea The properties mortgageti, granted„ and conveyed to Lender hereunder are hereinafter referred to as "such property'. The Borrower absolutey and irrevocably grants, transfers and assigns to Lender the rents, income, issues, and profits oi all property i covered by this Mortgage. Borrowercovenants that Borrowerls lawiullyseised of the estate herein conveyed and has the right to moRgage, grant and convey such ~ I property, that 8uch property is unencumbered, and that Borrower will warrant and defend generally the title to such property aga(nst ali ~ claims and demanda~ aubject to any declarations~ easements or restricfions listed in a schedute of exceptions to coverage irt any title i~surance policy insuring Lendera ~nteres4 in such property. FOR THE PURPOSE OF SECURING: {1) Payment of the aum of Z 41 ~ 200.00 with interest thereon, acco~ding to the terms of a promissory , note of even date herewiih and having a fina! maturity date oi AUGUST 15t 2017 made by Borrower, ~ payable to Lender or order. and all modifkations, extensions or renewals thereof. (2) Payment af such additional sums with (nterest thereon: (a) as rriay be hereafter borrowed from Lender by the then record owner oi s~Ch property and evidenced by a promissory note or notes reciting it or they ars so secured and all modifications, extensions or ~enewals thereof; o~ (b) as may be incurred~ paid ouf, or ~ advanced by Lender. or may otherwise be due to Lender, under any provisions of this Mortgage and ali modtftcations, extenstons or renewals thereof. (3) Perfom~ance of each agreement af 8orrower contained herein or incorporated herein by reference or conteined In any papers execut~cf by Borrower retat(ng to the loan secured hereby. (4) Pertormance, ff the loan secured hereby or eny part thereof is for ~ the purpose of conatructinq irnprovements on such property, oi each provision or agreement of Borrower contained (n any construction a? toan agreement or othar ay~eement~ between Borrower and Lender relating to such property. (S) The performance and keeping by ; Borrower of each of the covenants and agreements required to be kept and performed by Borrower pursuant to the terms of any lease and i any and all other instrument$ creatirp Borrowers interest in or defining BoROwers right in respect to such ptoperty. (6) Compliance by ~ ~ Borrower, with each and every monetary provisbn to be performed by Borrower underany declaratlon of covenants or conditlons or restric~ ~ tions pertatning to such property, and upon written request of Lender, the enforcement by Borrowerof anycovenant to pay maintenence or ao other chargea~ if the same have not been paid or vaUd tegai steps taken to enforce such payment within ninety(90) days after such written pd, ; request ts mada (n At Lender's optio~ paymen~ witA intersst thereor~ of any other present or future indebtedness or obligation of ; Borrower(or of any succeasor in intereat of Borrower to such property) due to Lender, whethe~ created directly or acqulred by absolute or ~ contingent assignment, whether due or no; whether otherwise secured or not, or whether existin9 at the time of the execut~on oi this ' Mortgage or arising thereafter. the exercias of such optlon to be evtdenced by a notice in writlnQ to Borrower or any succesaor in Interest of [ Borrower. (8) Performance otali aflreements of Borrower to pay fees and chargea tothe Lenderwhetheror not herein set forth (9) Payment E of charge~, as allowed by law when such charges are made, for any statement reqardinfl the obifgatbn secured hereby. j SF8853•4 (Rer. 8- 3/88) AR1~A • Part t ~FU 1 O~ 4 , ~ _ _ . _ - _ .-.~_v - . ~ . . _ . _