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(n Paymenl CI T~x~s
Duo On Class "C" In1-n~~~~r ~-rsor,;,l Prcn.~rty, ~
Purs~~ant To Ciiaptcr 71, 13J, Acts vi I~Il1.
~ OOUGIA~ UiX~'.~,
CI~fI( CIfWd C04fi, St. Lucio, Co., FI~'~/)
lspa~e RSo~e n,is uoe Fa Recwdin6 DataJ
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MORTGAGE
THIS MORTGAGE ("Security Instrument") is given on Jur1e 29th. ~ ,
14 87 The mortgagor is TIMOl'HY D. LUDLt~•, a single aciu.lt atld ZCNXA L. MILLS~ a
single adult
("Borrower"). This Security Instrument is given to FIRS~T NATIC~L B~HIt AI`ID ZRUSl' Oa''1PANY
0~ S1U~iEZT
which is organiied and existing under the laws of Zlle t~iited States Of America .~nd whose address is
Post Offic~ Dtaver 2316, Stuart~ Fl. 33495
~ ("Lender").
Borrower owes Lender the principal sum of ~y~E{/p~ ~p NINE gifiIDRE~ artci ~yp~lw--
Doilars (U.S. S$47~ 900.00 "I'his debt is evidenced by Borrower's note
dated the same date as this Security lnstrument ("Note"). which provides for monthly payments, with the full debt, if not
paid ea~lier, due and payable on Dec~mbet 29i, 1987 This Security
Instrament secures to I,ender: (a) the repayment of the debt evidenced by the Note, with interese, and all renewals,
extensions and maiifications; (b) the payment of all other sums, witfi interest, advanced under paragraph 7 to protect ttie
security of this Security Instrument; and (c) the perforntance of Borrower's cavenants and agreements under this Seeurity
Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to Lender the following
described property located in . St. Ltleie Coonty, Florida:
Lots 22 and 23. Block 1465~ PORT ST. LiICIE. S~GTICN FIF't'F.~N, acx~ordi.ng
to the Plat thereof, as reoorded in Plat B~ook 13,. pages 6, 6A through
6E, of the Public Rec~rti~ af St. Lucie Camty~ Florida.
R~iIS CX~ZS~7G~i'I(~t MOR2C'~~GL SeC~2ES FtT1URE ADVANCF~S I'UR.S[TAATr Zb .
A OONLSllii7CPI0N I~Q~N A~H~ HFI4RING AN EY13+1 DATE HEREWI`I8.
~E PROMIS9C)RY NOR'E SHC~ BY THIS r~ 00[~AINS
YARIABLE IlJI~T RATL PRpyISIQ~IS. T~ II1PFR~ST RATE
AND MQ+TrfiLY PAYI~Ti'S CALI,ID FL1R BY SAID NO?PG~ ARE ~iil.S
S[JH~THLT TO .
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which has the address of 3685 S.W. Yi.~oy St. , PolCt ~t. Lt~ie .
~st~~t) ~c,ty~
Florida 33452 ("Property Address");
(Z~P CweJ
Tcx~ErtieK W~7t~ all the improvemenls now on c~reaftcr erected on the property, and all easements, rights.
appurtenances, rents, royalties, mineral, oii and gas rights and profits, water righfc and stcx:k and ali fixtures now or
hereafter a part ~~f the property. All replacements and additions shall also t~e covered by this Security lnstrwnent. All of the
forcF~ing is referrcd to in thiti Security Instrument as the "Property."
f~ottRc~a'F:K Ccyv~:~::~tiTS that.f3orrower is law~ful(y seised of the estate hereby eonveyed and has the right to
~ mortgage, grant and convey the Yropert}~ and that the Property is unencumbered, exeept tor encumbrances of record.
Borro~~rr ~~arrants and ~c~ll dcfend generally the title to the Yroperty against al) claims and demands, subject to any
~ rncurnbranres of rerc~rd.
T~~i~ Sccc krrti~ I~srKC~~~t.~r comhincti unifnrm covenants for national use and non•uniform co~~enants W•ith
iirr~sted ~ ar~atrc,n~ h~~ juritidiction to const~tute a unifc~rm tiecurity instrument covering real propeny.
800~ 5?1 PAGE 971 ~ R w
ftORIDA-s~ng!e Fam~~y-FNMA/FHLI~{C UHIfORM INSTRUMENT goGr i~ Fortn 3010 i2/e3
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