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FHA Case No.
State of Florida MORTGAGE o94-2313863-703
LOAN H0: 9~715
THIS MORTGAGE ("Security Instrument") is given on JANUARY 17 , 19 90 .
The Mortgagor is
JAMES E. SEITZ, A SINGLE HAN I~
,
whose address is 501-503 HOiIIE DRIYE, FORT PIERCE, FLORIDA 34982
,("Borrower"). This Security Instrument is given to
MIZNER MORTGAGE CORP.
,
which is organized and existing under the laws of STATE OF FLORIDA , and whose
address is 10874 S. FEDERAL HIGHiiAY, PORT ST. LUCIE, FLORIDA 34952
~ ("Lender"). Borrower owes Lender the principal sum of
FIFTY-FOUR THOUSAND SEVEN HUNDRED FIFTY-FOUR AHD NO/100
Dollars (U.S. S 54, 754 • 00 This debt is evidenced by Borrower's note dated the same date as this Security
Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable 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 interest,
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
'I~-iE WES'T 6Q FEEP OF Z4~ ~OW'Il~IG D~tIDID PRfJPII~'Y, TO WIT: County, Florida:
~c ~ rx~~.sr ao~~ oF ~o?r 35, oF .r~vir~~ c~nn~s, v[~rr i, Aooa~nac To
Tf~ PIAT THEEZ}~70F, AS RDOOIiDID IN Pl~T BOQC 6, PA~ 55 OF `.~~I~ PLTHLIC RD00~6 0~' ST. LUCIE
C~TI'Y. FfARIDA, ATID ~1 TF~1CE F1E.ST AI~O[~TG THE NOItTFI LIl~ OF 7~0?r 35, A DIST~ OF ?.35.10
Fg.T Z~O THE POINT OF BDGIl~iING; Zi~I~~ ~T 90~TI'I3 122.12 F~P Zb A POI'~Tr; 2~~TK'E 1~Lfi IN A
; Y DIR~7C.TICN Ai~CX~IG THE I~~RPF~Y LIt~ ~ THE FIARILI~ FAST OC~ST RAII~Y RIGEl~
; OF «1Y, A DISTAI~?CE OF 20.2 F'g,T TO Tf~ SOUt'H LINE OF SAID I~ 35; Z4~3VCE R[N WFST A1~Ci~TG
E THE 90[TI'H LII~~ O~' SF1ID LOT 35; A DIS~NCE 0~' 101.2 Fg,T; Tf~IC'E ~1 I~1Q~PH 129.52 F~,T TO
; THE NORTH I.II~ OF SAID IAT 35, Tf~NL'E R[N EAST 120 FF.EP AI~ONG ~ IaUI~I4i LIl+IE QF SAID I~
; 35, `I~0 TfiE POIl~ SDOGII~II~TIlVG, SAI~ BEIlJG O?~b~TISE DE9QtTB~ID AS I~0?PS 4& 5 OF Tf~ WEE~T
SUBDICISIC~1, A(JO~RDIIJG TO AN t~IItD00R'DID PLAT Tf~F, P~2EP~FtID BY J.W. ~k'.ITICE,
i SURVL'YOR, FLORII)A, ~IFICATE Np. 758.
€ THIS IKSTRUHENT PREPARED BY:
~ FIRST AMERICAA TITLE C0. OF ST. LUCIE COUNTY
~ 302 S. 2ND STREET
FORT PIERCE, FLORIDA 34950
~ which has the address of 501-503 HOiIIE DRIVE, FORT PIERCE (scree~, c~~y~,
~ Florida 34982 [ZiP code], ("Propeny Address"); ,
~ TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
~ rents, royalties, mineral, oil and gas rights and profts, water rights and stock and alt fixtures now or hereafter a part of the
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.
E,
~
~ 1. Paymeni of Priacipai, interest and I.~te C6arge. Borrower shall pay when due the principal of, and interest on, the
~ debt evidenced by the Note and late charges due under the Note.
~ 2. MoetNly Paymeats of Taxes, Insurance and Otber Charges. Borrower shall inclu~e 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 ievied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for
~ ins~uance required by paragraph 4.
Pag~ 1 oJ 4 ~}IA tlorids Mort~ait - 6/i9
~-~(FL~ ~e 'y...": vMQ MORTGAGE FORMS • 13 1 312 93-8100 • IBOOi521 7291 n p~~~ f~~~~
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