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89-11-0118AD (Spatt Above This Line Fw Recordang DatsJ -
87~g~ PREPARED BY; REPUBLIC SAVIidGS BANK
MORTGAGE
T}~IS MORTGAGE ("Security Instrument") is given on JANCIARY 24 .
19 90 The mortgagor is PORT ST. LUCIE PROPERTIF~, INC. , A FLORILIA CORP'ORATION
("Borrower")_ This Security Instrument is given to R~UBLIC SAVINGS BA.~
which is organized and existing under the taws of `I13E STATE C~' F7ARIDA , and whose address is
3970 R~A BLVD. , StTITE 7000, PALM BF.F~CH C~FIRDENS, FIARIDiA 33410
("Lender").
Borrower owes Lender the principal sum of --------FORTY ONE ZHOUSADID ADID NO/100-------______r.
Dollars (U.S. S 41, 000 . 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 3ULY 31, 1990 This Security
Instrument secures to Lender: (a) the repay~nent of the debt evidenced by th~ Note, with interest, and all renewals,
extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the
security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements unde~ this Security
[nstrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to Lender the following
described property located in ST. LLJCIE County, Ftorida:
Lot 31, Block t628, PORT ST. LIICIE SECTION TWENTY-THREE, according
to the Plat thereof, as recorded in Plat Book 13, pages 29, 29A
~ through 29D, of the Public Records of St. Lucie County, Florida.
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~ u~hich has the address of 1450 S.W. GIId20Y 1~D PORT ST . LUCIE
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Florida 34953 (••Property Address");
(LO Coaej
Tcx~r.rtiF.R WITH all the impm~~ements now~ or hereafter erected on the property, and all easementti, rights,
appurtenances, rents, royalties, mineral, oil and gas rights and pre~its, water rights and stock and all 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 iti referred t~ in this Security [nstrument as the "Pro~.erty."
B(1RRO~1EK C(ri'F.'~Ati7s that Borrower is lawfully seised of the estate hereby con~~eyed and has the right t~
mortgage, grant and con~e}' the Yroperty and that the Property is unencumbered, exce~t for encumbrances of record.
E3orm~er ~~arrant5 and aill deCend generall~~ the titte to ttse Property against all cfaims and demands, subject t~~ an~
encumbranceti ~f rerord.
' Tt115 SECI Rllti C~~iRl~1f \i c~mhineti uniform covenantti f~r nati~nal use and non-uniP~~rm co~eriant~ w~ith
IiRU!rd ~ariaticin~ b} ~urisdiction to contititute u uniform tiecunty instr~ment co~ering real ~roperty.
go~x b75 PaGE 148
FLORIDA-S -~qie Fan,~'.y-FNhRAlFHLMC UNIFORM iNSTRUNSENT Form 3030 12/83
~*-6{Fll ex,. ,~,,a•,~cazca.~E Foaa,s • 3~3 z~3 e~oo • soc .
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