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FHA Case No.
titate oi Florida MORTGAGE
094--2331135
THIS MORTGAGE ("Security Instrument") is given on January 25 , 19 90 .
] he Mortgagor is
TH~MAS P. SLOAN and BETSY A. SLOAN, husband and wife
,
"hose address is 512 CRESENT AVE .
PORT ST. LUCIE, FL 34984 ,("Borrower"). This Security Instrument is given to
TREASURE COAST MORTGAGE CORPORATION ~
' a~- ~ the S ~ate ^f ~'1^~ _ and whose
N~Iill'Il IS OI~'ci111LCU Qlil~ 2XiJli1~~ iiiwct iua. ~a•.a O~ ~
.~ddress is
18 39 S. E. PORT ST . LUC I E BLVD . ("Lender"). Borro~ver owes Lender the principal sum of
PORT ST. LUCIE, FL. 34952
Fifty Three Thousand Six Hundred Twelve Dollars & No/100
[)ollars (U.S. S 53 , S 12 . 00 This debt is evidenced by Borrower's note dated the same date as this Securiry
instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on
. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
€ h~ ~he Note, with interest, and all renewals, extensions and modi~cations; (b) the payment of all other sums, with interest,
~~d~ anced under paragraph 6 to protect the securiry of this Security Instrument; and (c) the performance of Borrower's covenants
,~nc~ agreements under this Security [nstrument and the Note. For this purpose, Borrower does hereby mortgage, grant and
~um•ey to Lender the following described property located in
S t. Luc i e " County, Florida:
i LOT 18, BLeCK 699, PORT ST. LUCIE SECTION EIGHTEEN, ACCORDING
~ TO THE PLAT THEREOF, RECORDED IN PLAT BOOK 13, PAGES 17, 17A
THROUGH 17K OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA.
i DISHWASHER, RANGE, PADDLE FANS
'
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~ ~+hich has the address of 512 CRESENT AVE. PORT ST. LUCIE lsereet, c~«1,
~ Florida 34984 [ZIP Code~, ("Property Address"};
s
~
r 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 profits, water rights and stock and all fixtures ~ow 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 Securiry Instrument as the "Property."
BORROWER COVENANTS that Borrow~er is lawfully seized of the estate hereby conveyed and has the right to mortgage,
erant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
and w~i11 defend generally the title to the Property egair.st all claims and demands, subject to any encumbrances of record.
~
~ 1. Pay~ment of Principal, Interest and Late Charge. Borrower shall pay when due the ~rincipal of, and interest on, the
~ debt evidenced by the Note and late charges due under the Note.
~
~ 2. Monthly Pay~mer+is of Taxes, losurance and Other Charges. Borrower shail include in each monthly payment, together
e ith the principal and interest as set forth in the Note and any late charges, an installment of any-(a) taxes and speciai assessments
levied or to be levied against the Properiy, (b) leasehold payments or ground rents on the Property, and (c) premiums for
insurance required by paragraph 4. '
PaRe 1 oJ 4 FHA Florida MortRsge - 6/E9 •
~•4FIFL) ~53v>~ 1;h1P MORTGAGE FORMS • ~3~3~293 8t00 • i800~51t 7297
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