HomeMy WebLinkAbout2524 1021412 -
: I~.hr.kcd, ti.rd rzcc: THIS IS A&1LI:OON ~iORTC~AGE AND"CHE FINAL PAYMEWTOR'1'HE BAI.ANCE DUE UPON MATURTIY
IS S ."IUGETHER WPTH ACCRUED IVTE1tEST, IF ANY, AND ALL ADVANCES MADE BY
THE hiOK'IGAGEE UNDER THE TER1~iS OF THIS MOR'PGAGE.
? lf:hakcd, ~~nk ~cr: THIS IS A BALLAON MOR'IGAGE SECURING A VARUBLE (ADJUSTABLF.; RENEGQTIABLE) RATE
OBLIGATION. ASSUMIIVG THAT THE INTTIAL RATE OF INTEREST WERE TO APPLY FOR THB ENITRE TERM OF THE
MORTGAGE, THE FINAL PAYMENT OR THB BALANCE DUB UPON MATURITY WOULD BB APPROXIMATBLY
~ 'IDGETHER W1TH ACCRUED IIVTERFST, IF ANY, AND ALL ADVANCES MADE BY THE
MOR'1~AGEE UNDER THE TER1bSS OF THIS MORTGAGB. 1'HE AGTUAL BALANCE DUE UP~N MATURTTY MAY VARY
DEPENDING ON CHANGES IIV THE RATE OF INTERFST.
Thu ~n~rumcnt ~vas pa~rd M~:
Diane M. A~l.dridqe, an lo ee of First Union National B~~c_Qf Florida, P.O. Box 45092, ~
Jac csonvil~-FL 3'~~3~~
MOR'I~AGE
"I"HIS ~t0!~ItiAGE is madr this 19th dav ot J3riLk~y
19_~Q_, hrn~rcn thc ~~torc~g~~ AT1ILie E. F~R a sii1~1 P ac~~l t'
(herrin "~eroa~er"), and the Mort~geG ~~lOYI ~33~1OI131
O Orl a cor~orario o~uu d and
rxisting und~r thc la~s ot~ Uri1t Stdt@S O Aitler'1C8 , u~hc~e 1d~-u u P•'O. BOX 4~091,
Jaeksoa~ville FL - (herein "Lender").
~~'H ' S >>~~rr is indchtc~l co l.cnder in thr prin~ipal sum of Fifteen tY~ouslnd one h~dred I11Ilet~I1 C~D~.Z~S
~~~I~~-~_~ Dolla?s, µ•hich indcbtedness is e~idenced by Borrower's
note datcd JdriL3drY 19, 1990 (herein "Notc"), pro~iciin for monthl~~ installmrncs of principal and interest,
~~ith thr balancr of thr indehtednc•ss, if not ~ner paid, dur and ~a~able on FE?hn~ar'~ 2002 ;
~fU SECURI: to I.endcr (a} the rtE~~•ment of the indcbtedn:ss cy~denccd bv the I~ote, ~~i[h interest thereon, the pa~~m~nt of all other sums,
~~ith intrn-st therr~m, ad~ancrd in aciordance here~~ith to pmtect the scti-unn• of chis ~lort~ige, and the ~erformance of the co~~enants and
a,~ncmcncs of &xro~~rn c~rrin umcaincd, and (b) the rrE*a~•mcnt af am• futurc ad~anccs, ~~ith interat thereon, made to Borrowrr by l,ender
; hrnin " uttir~, .~d~nic~s"), &xm~~rr dcx~s hercb~• mort~~, ~ant and comr~• to L,ender the following dexribed propem• lo~~ted in the County
ii2 ~t. l~cle ~ , Sr~tc nf Floricia: ~
Ir~t 1, Block 1, FR~IIIICLIlV PARK, aocordirig tA the plat thereof,
as reoorded in Plat Book 6, gage 32, of the Public Recards of
St. Lucie Cowity, Flori:da. -
Rrr rce S 5~ DGUGLAS DIF.ON
_ F'cE s S:, L.ucie i.oaaty
S TAT E~ F t= L~ R i~
A s Doc Ta~c S..~_ Clerk ~f Circuit Court
~ DOCUMENIA~tY_~`:_.-. STAM~ TqX j i~ e
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c 1 ~ E PT QF 1?~1i~!NIIE ~ e~
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_;.,y -,,~11IJ'9J X. Z L. CS 0~ T~ = 6~. S I?Cpu C1Btk
I = _i2~ ',~:.-..s~ 1
-
i
hi.h hic thr address of 602 SOUth 22iK~ Stre@t Ft. PiP~'Ce,
i • ~
~ Florida 34950 ~s~~~~
lHcrr~n "Pm~cm~ Address");
~ lStatc an:i 7_~p Ccx~cj -
!
~ -ICX~ETHER ~+irh ~l! che impm~•ements no~~• or hereafter erccted on the ~mpem•, and all casemenu, rights, appurtenanies, rents, m~alcies,
~ mincral, oil and ~?s rik;hts and pn~hts, ~~atcS ~~atcs rights, and watcr stock, and all firtures no~?• on c~mafrcr attachcd to thc propert~~, all of
~ hich, inciuding replacements a~d additions therrto, shall f~e dermed to be and remain a Part of the pmE?em• co~~ered b}• this Mort~ge; and all of
! the torcgoin~. a~thcr ~~ith said pmpcm• (or thc Ieaschold cstate if this Mortg~ge is on a Ie3sehold) are hcrcin rrfcrrcd to as thc "mortg~ged
~~m~m•."
~
~ ~TL) H~~'F. .~1\ 1~ "ID HOLn thr said mc~rt~ed pmpem- unt<~ the Lendr4 in fee sim~le.
.~\I~ BORR(~1t'ER dcx~ hrrch~ fiill~~ nsmnt [hr tide to thc said mortp;a~cd pmpcm• and ~~ill dctcnd thc ssmr a~inst IaH~ful claims of all
~ ti~rrumct~h~>tnKxtirr. .
F
.-i\D BORR()~ti"ERfurthrranrr.ants nith Lcndc; u ti>Ilows:
~ 1. To a~~ hen dur all sums m~ided in said \ote and am rene«•al, extension or modification thercof and in this mort
6 ~ . ~ . . Y~C.
2. To pa~ «hen dur, and «ich<~uc ny>>iring am• norice fmm Lrnder, ill ta~c~s, ~csessments of am• n~pe or narurF, and other chargcs Ie~ied or
; assessrd a~inst the mort~;ed pmprm~ hereb~~ encum:xrrd, or am• ir.tert.-se of Lendrr thercin, and prix~uce rzceipts therefom upon demand. To
~mm~diateh• pa~• and dikha~ am• claim, lien or encumbrance ag~inst tlic mort~ged pmpem• «~hich ma~~ be or become superior to this mortg~ge
i unles~ hrrein aho~~e spec~hcallr excepted) and to Exrmit no default or detinquene~~ or am• other lien, encumbrance or charge against the mort~ged
~mF•cm•.
3. "To krep the mort~gcd pR~pem• insurcd agAinst loa~ or damage b~~ hre, and such other haunis in form and amouna and for such periocis,
~ 3~ ma~~ be reyu~red b~• the l,ende~ and ro pa~~ pmm~tl~~ ti+~hen due all prcmeums of such insurance. The policies and eene~als of said insuranee shall
~ l~e held h~• the [.ende4 an.i shall ha~•e attached therctc~ lcxs pa~able dauses in fa~•or of, and in a form acceptable to the L,ender.
~ . .
a 4. Tc~ mainrain the mc,rt~ngcd pm~xrr• in cond~ticn .~::d rc~air, induding hut not limitcd oo the makC~g of such rcpairs as Lcndcr mav
~ from timc rc, cime determinc tc~ hc nr~et~n• fur thc ~?rcscn~tiirn of thc samc; to commit, suffer cx permit no ~~•3stc of said propert~• or the
impm~•cments thcrecm.
~
~ To comFl~~ ~~ith all la~~s, or~iinances, rcgulacions, co~~enancs, conditions and rcstnaions affecting the mortg,~ged property and not to
suffer or permit am ~iolarion thertof.
~ so~K6'74 PA~~25?24. .
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