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~ This InsWment propared by: ~
~
~ Julie H. Saunders
Flrst National Bank and Trust .
Con~pa~y of Stuart ~
P.~. ~ox 2318 ` ;
8552'73 stuert~ Florida 33495
(Space Above Thls Une Fa Recor6ny Date)
MOR
~ ~~?GE .
TFiIS MORTGAGE ("Sec:urity Instrument'~ is gHen on OCtOb6t 22 198T
The mortga9or is Gene R. Herrick and Chartotte A. Herrick . his wife
("BoROwer'~.
This Security Inswment is given to Flrst National Bank and Trust Companv of Stuart
which is organized end exlsting under the laws of The United States af Amercia , and whose address fs
P.O. Box 9012. Stuart, Florida 34995-9012 ('~tender'~.
Borrower owes Lender the prindpal sum oS Seventy Seven Thousand and 00/100
DoNars
(U.S. S 77.OOO.QO This debt is evWenced by Borrowers note dated the aame date as this Security InsWment ("Mote'~,
which provides (or monthly payrnents, with the fuN debt, H not paici earGer. due and payable on Novembsr 1. 1997 . This Securily
Instrume~t sECUres to the Lende~: (a) the repayment of the debt evidenced by the Note, with Interest, and eR renewels, extensions and modifica•
tions; (b) the payment oi aU other sums, with hterest, edvar~ced urtder paragraph 7 to protect the security of this Security Instrument: and
(c) the perfom~ance ot Borrower's covenants and agreemants under this Security InsUument and the Note. For this purpose, Bortower does
hereby mortgage. grant and convey to Lender the to~lowing descn'bed property bcated in St. Lucie County,
Florida:
y~~.~ sa~ ~y~~--~ ~
Lot 1297,Section IIs in that certain Condominium known as
OUTDOOR RESORTS OF AMERICA AT NETTLES ISLAND, according to the ~
Plat thereof~ as recorded in Plat Book 16, at Pages 1, 1A ~
through 1J~ of the Publtc Records ot Si. Lucia County,
Florida,and Declaratian of Condominlum as recorded in ~
Offtcial Records Book 186, at Page 2720, as amended, all as
flled for record in the offics of the Clerk of the Circuit
Cou~t, St. Lucie County, Fiorida together with (i) an undivided
interest in those lands designated by said Plat and
; Declaration (as amended) as common elements and timited
; comman elements; and (iij ati tenements, hereditaments and
j appurtonces thereunto belonging or !n anywfse appertaining.
~
~
. R~ceiv~d S ~V {t1 P,11~ ~~~ax9!
p,~ Oo Class ~C" In~~n9~b~e PMSCna! Proper+Yr
PunuaM To Chepter 71.134, ~A'cis dl 1971.
! ~ " . f ~ r ' • ~ - ppUGIAS DIXON.
1 ; Clerk Circuit Coutt. St. Luc~~ r
: ;
>
4
i
# whFch has the add?ess of Lot 1297. Netttes Island Jensen Beach
sveet c.rtr
Flociaa__ 33a57 ~°~ro~rty address~~; •
TO(3ETHER WRH all the improvements now or hereatter erecied on the property, and aM easements, dghts, appurtenances, rents, royalttea,
mineral, a7 and yas righta and profits, water tights and stodc and aM fixtures now or her~Ret a part of the property. M replacemenis ansi add-
itions ahaf also be cov~ed by thia Seauiry Instrument. Aa of !he toregoing is referred to in this Securily Inslrument aa the "Property,"
BORROWER COVENAfYTS that Barrower la Fawfu9y aeised ot the estale hereby conveyed and has the ~ight to mortgage, grant and corney
~ the Property and that tha PiropeRy Is unencumbered, exoept for encumbrancea oi record. Borrower warranta and wiill detend gen~aly the tit.~e
to !he Property against aM dakris and dernands, subJed to arry encumbrances of record.
TNIS SECURfTY INSTRUMENT c~mbines unHorm covenants tor natlonal use and norwniform covenants with Grruted variations by Ju~isdiction
to constitute a uniform securEty instrument coverMg real property.
F1Af#DA - SIrgN Fsm/y - fNiNA/FHLMC UMFOfiM INSTRUFAEM Form 3010 7?/63
Ps9t 1 of 4
D18S9.CT1 (11~ 24195
aooK 562 ~c~ 991
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