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THIS MORT(3A(3E ("Security InstrumenY') i~ pvea ou November ,
19 8 7.1'he mortgegor is
JERdMS A, RAYANT.AND SHAAWYN D. RHYANT, hi8 wife -
•`Borrower"). This Security Inatrument is given ta SUN BANK/TREASURE
` COAST, NATICINA~, ASSOCIATION, a ~ri8t~olial ]?~1llci~gC07CpOr8tiOxlwhichisorganizodandeuisting
underthelawsoft~nited ~tates~ of Amerioa •~d~?~~~~gll]. Orange Avenue
Fort Pierce, Florida 34950 C'~~r").
Honower owes Len&r the princi{~al sum ot ~~y EIGHT THQUSAND F~UI~ HtiNDRED AND No/10 0
_ _ _ Dollars {U.S. s ~ s ~ a a a . 0 0 . This ~t ~s evi~k»ced by Horrower's note _
dated the same date ss this Security Instrument ("Note"), whtch pravides Por rnonthly ~yments, anth the fuq ~iebt; if not
paid earli~r; due and payable on DeCember l; 200'I . .'1'his Security
Instrument secures to Lcnder: (a) the rcps+yment` of tha debt evidcnced by t1~e Note~ with intercst; and all ~enew+als;
extensions and modifications; (b) ~he p~yment M a~i aher sums, wi~h inceres~, advanced under paragra~ 7 to proeect tbe
security of this Security Inatrument; and (c) the pet~'ormaace of Borrower's covenants snd agramtnts under Ihis Security
In~trument and tha Nate. For thia:pvrpoae, Bar~ower doea hcrtby rrwrtgage. grant and convcy to Lender the foliowing ~
described property located in St. Lua3.e = _ County. FJorida:
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7~ot 108 of SHERATON PLA2A, UNIT, .TWQ REPLAT, aacording the Plat
thereof as recorded in P1at BoQk 16, at Page 2, of the Public ~
Records of St. Lucie County, Florida.
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~ c~~4 In Payment O Taxss
Received S .
p„~ On Class "C, Intang'sbls Persona) Proparq/.
Pursuant to Chapter ~t,134, Acts Of 197t
DOUGLAS D1XON, ~'"i(~ ,
- Cterk Ci~cuit Cou~l, S~• ~O'' p°' • •
. p Q STAT~~ oF ~~t,._QRt ~r~ : -
~ DOCUMENTARY ,~4 StAMP - TAX I
_ °O DEPT.Qf R YENUE "
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~ 311 Esaex Drive Fort Pierce
~ which has the address of
~ [sU..~l ' . [Ghl
' ~ Florida 33450 - (•~property Address");
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~ TocEntEe WrrH all tMe impravements now or he~eafter aected an the property, and all e~sements, rights,
; appurtenances, rents, royaJties, mineral. oil and gas rights and profits, wster rights and atcek and atl fuctures now ar
; her~er a part of the propsrty. Atl replac,cments and s~dciiti~s absll ~ttso be covered by this Security lnstrument. All of the
' foregoing is referrod to in this Se~curity In~tniment ~s the "Prope~ty "
BottROwE~t CovEK~tr'rs thsf Horrower is laavfully setsed of the estate herehy conveyed and haa tDu right to
mortgage, grant~and oonvey tMe Property and that the Prop~rty ~S unencumberod, except for eacumbrancxs af rscord.
Horrower warrants and will defend generally the titk to the Pfoperty againat al! claims and demsnds, subject to any
er~eumbranees of record.
; ~ THts S~cu~tttY IKSTituMetvr combinrs ur?iform oove~eants tor r~ation~el use and sson-uniform covenants a?it?~
limited variations by jurisdictioa to constitute a u~iform security instrumeot coveri~g real prc?pGrty.
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