HomeMy WebLinkAbout1466 1V~v~y.
PREPARED BY: Susan D. Meitner
CHELSEA TITLE COMPANY . ~
1295 SE Pcrt St. Lucie Blvd.
Port St. Lucie, F1 34952 -J
~
Fec 1'~ DOUCL..~3 DiXON
Ad:l ' ~c St L~icie Cou~ty
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~Space Above ThLs Line For Recordie; Daaj
FHA Case No.
5ts~te of FloridA MORTGAGE 094-228551-7
THIS MORTGAGE ("Security lnstrument") is given on January 19 , 1990 .
The Mortgagor is RICHARD L. ARDOIN, an unmarried man
,
w~hose address is 1021 SW Dubois Avenue, Port St. Lucie, F1 34953
~("Borrower"). This Security Instrument is given to
DELLWOOD CORPORATION
,
H~hich is organized and existing under the laws of the State of Pennsylvania , and whose
address is Post Office Box 729, Pittsburgh, PA 15106
FIFTY SIX THOUSAND THREE HUNDRED FIFTY AND NO/100- ~~-Lender'_). Borrower owes Lender the principal sum of
Dollars (U.S. S 56 , 350 . 00 This 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 earlier, due and payabte on
February 1, 2020 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with anterest,
advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants
and agreements under this Security Instrument and the Note. For this purpose, Borrower dces hereby mortgage. grant and
convey to Lender the following described property located in ST. LUCIE
County, Florida:
Lot 8, Block 1483, PORT ST. LUCIE, SECTION SIXTEEN, according to the plat thereof as
~ recorded in Plat Book 13, Pages 7, 7A through 7C of the Public Records of St. Lucie
~ County, Florida.
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` STATE ~F FLORIDA?
t o; ~ DOCUMENTARY;~:~..:~?STAMP _TAX. ~ .
~ c nEPT HEYf.MiIE x:?r .t;; ~
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; - =~,~z.•9~ ' ~ ~s.= 8 4. 6 f1 ~
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~ w~hich has the address of 1021 SW Dubois Avenue, Port St. Lucie (scree~, Cicy),
Florida 34953 [ziP code), ("Property Address");
~ T(~ETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the
F property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred
, to in this Security Instrument as the "Property."
BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage,
grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
~ and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
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= 1. Payment of Principxl, Interest s~nd Late Ch~rge. Borrower shall pay when due the principal of, and interest on, the
= debt evidenced by the Note and lace charges due under the Note.
~ 2. Monthiy Payments of TAaes~ Insurs~nce s~nd Other ChArges. Borrower shall include in each monthly payment, together
~ with the principal and interest as set forth in the Note and any late charges, an installment of any (a) taxes and special assessments
~ levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for
~ insurance required by paragraph 4.
Page / oj I FHA florida Mor:=stt - 6/a9
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