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MC?RTGAGE
THIS MORTGAGE ("Security Instrument") is given on DF.CEMBER 11 ,
19 87 Themortgagoris DFNNIS WASSMER AND .IOANNE B. WASSMER, Hi.s wife
("Borrower"). This Security instrument is given to FIRST NATIONAL BANK AND TRU~T COMPANY OF
THE TREASURE COAST ,
which is organized and existing under the luws of The United States of America , and whose address is
P.O. DRAWER 9012, STUART, FL 34994-9012
("L,~nder").
Borrower owes Lender the principal sum of FORTY THREE THOUSAND THREE HUNDRED FIFTY AND
00/ 100-~------------- Dollars (U.S. S 43, 350 . 00 This debt is evidenced by Borrower's note
dated the same date as this Security Instrument ("Note"). which provides for rnonthly payments, with the full debt, if not
paid earlier~ due and payable on June 11, 198~ ~ "I'his Security
Instrument secure~ to Lender: (a) the repayment of the dcbt evidenced by the Nota~ with interest, and all renewals~
extensions and modifications; (b) the payment of al! other sums, wi nterest~ advanced under paragraph 7 to protect the
~curity of this Security Instrument; and (c) the performass nower's covenants and agreements under this Security
Instrument and the r~ote. For this purpose, Borrower does hereby mortgage~ grant and convey to L.cnder the following
described property locatcd in . St . Luc ie ~ County~ F7orida:
Lot 28, Block 599, PORT ST. LUCIE SECTION THIRTEEN, according ta
the Plat thereof as recorded in Plat Book 13, Pages 4, 4A through
4M, of the Public Records of St. Lucie Co nty, Rlorida.
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THIS CONSTRUCTION MORTGAGE SECURES FUTURE ADVANCBS P[IRSUANT TO A
CONSTRUCTION LOAN AGREEMENT BEARING AN EVEN DATE HEREWITH.
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~e pn (:I~ss "C" Inlang~ble - _ - t~ ' '
Cha `er 7 134 Ads Of 1971. i7s' 5~~•~~,~1P T~''r
Pursuanl To P~ i, , C~ ,~NT~'•~t ..`_'=,r.----' 1 :
DOUG~AS DlX~+'L ~ ~ G Ur"~ " s ` ~
SI. Lucie, Co., Fla. _ pCPt U~ F~YEt~U~t .~~~;~ry V~ 5. r
Clerk Circuil Courl, _ ~.\+t7,~~~':~,~: .
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wh'schhastheaddressof XXX CHELSEA TERR.ACE , PORT ST. LUCIE ,
7 (Sir2lt) ~C~tY)
; Florida 34952 ("Praperty Address");
- [Z~p Code1
= TocEZt~ER WsTt1 all the improvements now or hereatter erected on the property, and ail easements~ rights.
app«rtenances, rents, royalti~s, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
- hereafter a part of the property. Ail replacements and add~tions shall also be covered by tt~is Security Instniment. All of the
foregoing is referred to in this Security Instnsment as the "Froperty."
~ BORROWER COVENANTS that Borrower is lawf~lly seised of the estate hereby conveyed and has the righs to
~ mortgage, grant and convey the Property and that !he Properiy is unencumbered, except for encumbrances af' record.
Borrower warrants and wilf dei'end generally the title to the Property against all ciaims and demands, subject to any
° encumbrances of record.
TH(5 SECURITY INSTRUMENT combines uniform covenants for natio!:al use and nor.•uniform covenants with 1
limited variatians by jurisdiction to constitute a uniform security instrument ~overing r~al property. '
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Form 3Q10 l2l~3
~ FLORIDA-s~ngie Family--iNMA/FHLMC UNIfORM IKSTRUI?1EtiT ~Q~K ~\l~ PbGE ~~O
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