HomeMy WebLinkAbout0069 10~16b~ .
Loan Numbcr 3~-~1-~2011~-2
~MORTGAG E
TfiIS MORTGAGE is mad~ this 19th day of Jannary, 1990 betwecn tGc Mor~EaEor,
Ann T. Rooney , a ainale woman
Iherein 'Borrowcr'), and t6e Mortaaaee, Tht Money Stor~IFlorida, InC. a corporation orEanized
and existina undcr the laws of Florida Whose address is 600 Fairway DII~C, $D1t0 Z48
Deerfield Beaeh , Florida 33441 ihcrcin "Lcndcr-i.
WHEREAS, BorroWer is :ndebtcd to Lender in thc principal sum ot U.S. s29,~00.~~
which indebtedness is evidenced br BorroWer's note dated Jannary 19, 1990 and extensions and
rcncwals thcrcot Ihcrein 'Notc'!, providinE for mont6lr installments ot principal and int~rest, wit6 tbc balancc
of t6e indebtedncss, it not sooner paid, due and payable on February s, ZD~s .
TO SECURE to Lender the repayment of t6e indeb[edness evidenced br t6e Notc, with ~nterest thereon; the
payment ot all other sums, witb interest chereon, advanced in accordance 6erewith to protect the security of
this Mortgaae; and t6e pertormance ot the covenants and asreements ot Borro~ver herein contained, Borrower
docs hcrcby mortaaEc, grant and convcy to Lcndcr thc followina dcscribcd propcrty locatcd in thc
City of Port St. Lncie, St. Lncie Connty sca~c ot Florida:
LOT 14, HL4Cg 2923, PORT ST. LUCIE, SECTION 41, ACCORDING TO T8E PLAT
THEREOF, AS RECORDED IN THE PUHLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA.
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I which 6as cn~ address ot 331 Cherry Hill Road
; Port St. Lncie, Florida 34952
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E Ihcrcin "Propcrty Address"Y,
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R TOGETHER with all t6e improvemeats now on c~reafter erected on thc propertr, aad all casements, rights,
~ appurtenancec and rents, all of ~+hich s6all be deemed to b~ aad remain a pact of the propeny covered by
? this MortEase; and all of thc toreEoinE, toEether with said propertr Ior t6e leaschold estate if this Mortgase is
~ on a icaschoid) are hercinattcr rctcrrcd to as thc "Propcrty."
~ Borrowcr covcnants that Borrower is lawtully sciscd of thc estatc hereby convered and has the risht to
mortgase, grant and convev the Property, aad that the Property is unencumbered, ezcept tor encumbrances ot
~ rccord. BorroWer covenants that Borrower aarrants and will defend Eenerallv the titte to the Property against
~ all ciaims and demands, subject to encumbrances ot record.
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~ UNIFORM COVENANTS. Borro~ver and Lendcr covenant and aEree as tollows:
~ 1. Ptlyment of PrinCipal and Interest. Borrower shall prompttv pay whcn dae t6e principal and
interest indebtedness evideaced b` the Note.
2. Fnnds for Taxes and In911tanCe. Sub}ect ta apRlicable law or a writtea waivcr by Lender,
Borrower s6a11 pay to Lender on the day monthly paymcnts oi principal and interest are pa~able under the
Note, until the Notc is paid in tull, a sum (herein 'Funds'1 equai to one-twelfth ot the yearl~ taxes and
assessments fincladinE condominium and planned unit development assessments, it anrl which mar attain priority
over this MortSaEe and Sround reats on the Propertr, if any, plus one-t~+elit6 ot yearly premium instaUments
for hazard insurance, plus one-tweitth ot yeariv premium installmeass for mortsaEe insurance, it anr, all as
t rcasonably cstimatcd initially and from timc to timc by Lcndcr on thc basis of asscssmcnts and bills and
rcasonablc estimates thercof. Borrov+er shall not be obliEatcd to mate suc6 payments of Funds to Lender to
' thc extcnt that Borrower mates sac6 parmcnts ro t6c holder oE a prior mortgaEe or deed o( trust if such
~ holder ~s an iastitutional Icndcr.
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~ Florida-Second Mortaage 10/87-FNMA~FHLMC UNIFORM INSTRUMENT
g0~~ 6~5 PAGE O~i7
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