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This Instrument Prepared By R~~ F~ n~rr;r.~g nrq~N
Cyn[hia A. Richey ~ h~~' ~ ~ [.u~ie C.'~untv
Ua~ Tax a L (,lerl~ ot Ci it l'~~urt
F,rst Federal Savinqs and loan Association ~ ~
ot tne Palm Beaches lnt Tnx i 9y
2t5 Soutn Oliva Avenue G j~pu Clerk
West Palm 8each, Florida 33401 Total = i 5 ~
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MORTGAGE
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THIS MORTGA6E is maAe tAis _ 2Ut t~ Ga ef tiecember 89 ! I-~ ~
Y - - . - t9 . between the Mortgaga.
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Rict~ai-d A. Beeman and 5tizanne C. Beeman, his wife. ~ ~
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rne.ein 'Borrowar { and tne Mortgayee FlIIET FEOEIIAI EIIYINBE AND lOAN ASEOCIATiON OF TME MlM lEACMEt, a corporatron o~gamred and ex~stmg under the !aws o1
the Un~tea States of Amrrica w?wse address ~s 2t5 Soutn Otive Avenue West PaYn &ac~ cbrba 3310~ ~ne~em tenAer l
w?+ERf~S earower is mAeOtetl to lender m Ihe prmdpa~ sum ot _____For ty [hous_a_nd _ and NO/UO
F ~s 40 , 0~0 . 00 ~ whk~ mdebteEness ~s ewdenced Dy Borrower s Note datcd Dec embe r 2U ~g 89
- _ _ _ _ _ (~erE~n
~ Not? 1 p~anC~ng tor mo~,tnlp ~nsta~~ments ot pnnnpai antl ~nterest. wd~ Ihe Dalance o1 the mdebtedness ~t ~ot sooner pab. dve an0 paYabk o~
December 19 ~g 94
To securc to lendar the repaymem o1 the indebtedness ev~denccd Dy tAe Nde. wdh ~nterost tAe~eon. the payment ol an otAer sums wnh mterest, advanced D~ lende! lo
n~or~ci the security o~ tnis mo.ngage. anO tht oerfamance M tl+e covenants arM agreements of 8orrower contamM m m~s Matgage. Ba~ower does hereDy mortgage, granl and
! rn~ver r~ ~enaer t~e fo~bw~ng Oest!~Dtd property Io~ttd m th~ Counry ot $ t_. Luc ie State ot ~brba
~ I~NIT 23, SWEETBAY VILLAGE, (AREA Vb-2), NARBOUR RIDGE PLAT N0. 8, according to the Plat
~ tt~ei-eof on file in the Office of the Clerk of the Circuit Court in and for St. Lucie County,
, Florida, r-ecorded in Plat Book 26, Pages 6 through 6E.
]~i(~L•:'1'N~k w~i~ii lhat rerlaiii portion ui Trac~ WI'-~ as shown un Harbou? RidKe Plat Nir. d,
iecorded in Plai Bork 26, Yages 6 through 6E, Public Recot-ds of 5t. T,ncie Cn~~n[y, Florida,
described as fellows:
Be~inning at the Ni~rthwest corner of said Unit "L3, run thence North 26-46-52 West, a distance
~~f 0.25 feet; thence Nurth 63-13-US East, a distance of 47.54 feet to a point on the northerly
~ line of said Unit 23; thence South lU-U5-19 West alon~ said Northerly line, a distance of U.31
~ ~~~h~~t,}~e~~K;,~~~yo~ith 63-13-08 along said northerly line, a distance of 47.35 feet to the point of
~ beginning. 1512 Sweetbay Cii•cle, Yalm City, Floi-ida ~~5~~~
~ - - _ - _ -
inKe+n Pr00lrty BAO~l55 ti _ - - - - -
~ Toge~ne~ w,th aN i~e ~mD~ovemen~s ~ow or ~ereaRer erectee on t~e p~ope~t~ ~rW ~u easements. rgnts ~oourten~nces rents roy~qKS m~ner~l, pd ~nd p~s rpMS 7nd
p~o~~s watt~ water ~gnts a~d water sta~ ana an rn,tures now or t~r~her anxf?ee to tne Property ~n ot wnKn ~nciuCmq repycements ~nG ~GC~t~ons thK~ro. snau oe
~ deem~w ao oe and ~ema~~ a oan o~ ~ne P~epertY coverea Dy rms Mort~~qe ana ~N o~ tne ro~epanq topetner wAn s~b VropMy ~re At~em relerre0 to ~s the Prop~rtp
Bprrower tpvenints t~at BOrrowlr ~s uwtutry st~ree ot tne esUte ncreDy convey~O onG ~~s tne rpM ta mong~4e gr~nt ~rt0 convey tne Dropcn~. m0 tn~t Barower wdi
w~~rant ana de~ena pener~~h tne tnk to tt+e Prooerty ~qa~r.sl ~~i t~~s ~n0 Oem~nGS su0~ect to Most m~ntrs OIAN !Nin mprt~79lS ~ir~nQ i prqrAy Ovfr I~n mp~~. I~fld ~n
a sc~+e0uk M e*cept~ens to cove~age m any tnk mw~ance pohcy ~nsurmq te~er s~nterest m rne Vropcrtr
C~~b 8arower and le~dt~ covena~t a~C ag~ec ~s ~abr?s
~ ~ h~M M RMelpl ~M IMKht BO{rowe~ SAa~~ p~amDtt~ pay wl+e~ Cut tA! M~~+c~pl+ 01 ~na ~ntuesi on ~ne meeDteaness evdence0 Dy tne Nore ~nd ~ate cnuqes as Dro
~ wded ~n M! Nol!
~ 2 Clar IINK Barowa shau rom t p~y wnc~ auc a~~ ia¦es assess~++ems ma otnr ctu~ s~~nes ana rnpos~tro~s ~tlnDut~Dk to t~e Dr
~ N1. D 0 h 9~ operty whKA m~y atU~n ~ Drq~~
ry ovsr thn Matqaqe
~ 3 M~tN~ 1et11rt~q BO~rOwlr SAall klEp M+prOVNT+l~IS ~O~r M ANEin![ pl~tlO 0~ t~t Prpp~rf~ ;nsu~e0 ~q~~n51 ioss D~ Ikt n~i~rds ~nC~uOlC wd~m tl?e tlrm exten0ed
~ cove~~pe mo suce Wne~ n~:aros os ~enae~ ma~ ~ea~we ~n ,r, ~ma,~i ~i ~~s~ s~nKKO~ ~o o~~ me s~ms sec~,~ca o~ ~nK uonp~qe ~~s~~~nce oa~c~es ~~+a ~e~~K
~ 1NNa0t SA~If p! lo~m acceDUDk lo len6tr and s~~li ~ncluOc ~ St~nCarO matp~qt cuuse qvor o1 lenGer lenoa snau navc ~ne rqni to nob ine poiKks ana renew~~s
~ Mceo~ ~ne Barowe~ sn~h prompth turnKn ~o lcnee~ ~r. rencw~i notKCS ~na rece+p?s o~ o~b oremUms +n ~ne event o~ ~oss Borrower snan qne D~~T+D~ ~o1Ke Io tne m-
~ su~ance arrKr ~nd lenoe~ ~e~or ma~ make O~oo~ 01 bss A not m~Ot prompth DY 8orrower
Unbss tender ~r,~ garowr otnerwne aqree ~n wnt~nq ~nSU~int~ O~~C~ldf ShiN b! ~pWkC t0 {lStO~~I~On 0~ rtpi+~ 0~ IAt PtoQtrtp dtm~ytg Orev,a~0 sucn res~a~tbn or
reoaR n ecoryaniath te~s,p~e ~rb tne secw~h er m~s h~atqaqc ~s rw~ ~nertDY.r?p~~reo sucn ~es~a~tae a rep~K ~s not aonam~ih ieas~ok or d ine secur~ry oi tnn Mort
Q~Qe woub be ~mp~~red tne ~~surance praeees snay be ~oM~eO to ~ne wms saureo oy inn A~tonp~9e w~tn ~ne acess ~t ~rty p~b to Borrower H I~e Property is ~par
do~eeA b~r Borrowe~ a n 8a~a.e~ ~~~~s ~o ~ezpoRe ~o lender w~~nM ~5 Oays ~rom tne ~~e no1Ke n m~ikC 0~ ll~Ol~ IO BOrrpNrK tt1~1 t11! MS~ri~C~ arr~r oners ~o senM a
C1i~ (W ~~SU~i~t! Dl~f~dS LM4N iS iulh0r~tld 10 tdtltt i~G ~pp^r 1h~ mSU~~~+C! prp~KQ; it lf~dtr s optan alner to r~s~a~tan or rep~n o~ In~ PropKty a 1o IM sums
s~cured D~ Ihis Matp~qe
UnMss lende~ and 6aro~v~r otherwne ~qree ~n wnnnp tnr sucn apphc~lwn o1 praNCs fo pnnup~~ st+~H no1 ~~ien0 or poslpa~e I~t due C~u 01 IAe mor.t~ly ~nsuWments of
Wmtipi~ inA Ml~resl p~yi~M u~Ot~ th! Notf a thinp! IA! imounl 0~ SutA MSVIIm~n~3
! Ra~rntM~ M h~1~ Barowe~ ina11 we~p tM V~opertr m pood rp~s ~nd s~u no1 commd w~ste
5 RMr M~ 8arowN sn~1i ~~ep current ~u matpapes o~ n+e propaty h~vma war~h ove+ thn Mor!p~ge ~nA sh~u not WMrw~s~ ~ibw sucn pr~or morlp~q~s lo Qo ~
a+wN
6 RrMc~ M l~'~ IaKM?. il Borrower I~a~ Io p~rtorm tn~ cownmu ~na ~pr~nls con~~o~a ?n tn~s Mortq~. a it ~ny ~c1an o~ procMO~np K cortxnmu0 wnkn
rt?~IK~~ ~tNcb I~nOM ~ Mlaat in tM Vrop~rfp. ~nch?Gmp but nol IimiNd lo. fohtbsun M prar malp~pes on tM propKry. IMn Ur~r. ~I UndM's optbn. m~y m~1c•
~ luch ~pp~N~nc~l. Ebburs~ suth sums ~nd lik~ suth ~ttion ~s b MtKf~ry t0 pioNCt IMC~r's MNr~fl. intludinp. bul not Iimi1~E l0, dbburs~rtwnt ol rqlOniDN
otlornnr'i h~s An~r ~mounts d+s0ursed ~ l~nMr ourswm M thb par~q~pA. wfM int~at tAK~on ~t tM rip sW~A in BprowK'~ NoN Irom tIN Oil~ d ObburlMnlnt.
fhiN bftant~ ~0d'RbrW Md~btednssf 01 Bon slWrW b~ Ihit MOrtpip~ Un111! SorrOwM ~rW l!r?OM oMMxif~ ~prN in wrNMp, suth ~mounb 3h~N b~ p~~ on de~
rrprM Nofhinp convin~d M IAb pfrip+~pA ~ rpuke l~ to fncu? ~r~r up~ o~ yk~ ~ny ~ctio~
l 1pMe1N~. UnCK m~~ m~w~ rN~on~bk entrieyupon ~n~ ?nt~ctk~r ol tM Pr~rtp u ata nWia ro Barow~r ~p~ciryinq rW~pM c~uH ny1W to un0u's inlK~st
In tM P?opMy ,
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