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lt.h«kr,i, ri•.~.~ ~.,cr THIS IS A BAI.I~OC~N \tORTGAGE A\D THE FINAL PA! ~1E\T OR THE BALA\CE DUE UPON .~1ATlJRITY
IS S , 1UGETHER ~iTTH ACCRUED I~ITERFS'I', IF A~il', A\D ALL ADVANCES h1ADE BY
THE biOR'I~AGEE U;VDER THE TERNS OF T'HIS h10R'I~AGE.
~ Ii.hc.kcd, ~ar,abk a~r. THIS IS A BALI~UOI~ AiC3R'1~AGE SECURIIVG A VARIABLE (ADJUSTA$LE; RENEGCYTIABLE) RATE
OBLIGATION. ASSUMING THAT THE IIVTTIAL RATE OF INTEREST ~YERE 'PO APPL1 FOR THE ENTLRE TERI~i OF THE
MOR'PGAGE, THE FINAL PAYbiENT OR THE BALANCE DUE UPON biATURITY WOULD BE APPROXIMATELY
S~fL,-~~4 . 00 ,'IDGETHER WTI'H ACCRUED INTERE.ST, IF ANY, AND ALL ADVANCES MADE BY THE
MOR'IGAGEE UNDER THE TEINiS OF THIS MOR"1~AGE. THE AC'TUAL B.ILANCE DUE UPON .titATURTTY 11iAY VARY
DEPBNDING ON CHANGES I~1 THE RATE OF INTERFST.
7?iis intrumrnt ~+ac ~rcEvrc.1 b~•:
Florida National Bank
9520 South U.S.~11, Port St. Lucie, FL 34952
MOR'I~AGE
"I"HIS ~tOIrR~AG~ IS 1111i~C [I71S 16th~ ~,t Januar
19 g~ bct~~ten the ~lort~go~ BrucC T. ut ert an oris u e ,
~11 S w i f e ~hrrein "&~rn~~~~er" and the ~1ort~?gr~ .
Flori a Nat iona Ban ,1 corporation o~, nized and
cxisting under thc la~~x of ' ,~~~hosc addrt~ss is
9520 South U. S. 1. Port St. Lueie, F ori a (herc?n"l.rnder").
~CHE4tEAti, &~rn~~~~rr i: indehced ro lxnder in thr prin~i~t sum cit (~$28 ~,828 . 35) TWENTY-EIGHT THOUSAND EIGHT
H?ND F.D TWFN Y-EIGHT AND 34 ! 100------------------- Dollus, ~~•hich indehcedness is c~~drnced h~• Rnrrr,a,-~'s
, .
~ i ~ ~ i~~i (henin "\ote"), ~+m~uiing fix monthl~• inswllments of princiEul and interest,
~~ith thr halanie uf the indrhtrdnres, i! not scx~ner paid, due and ~ut3ble on 2/ 2/95 ,
R) SECL'R~. ta lxn~cr (al the rc~a~~mcnt irf the indehtednrss c~idrnred h~• the \otr, ~~ith intrrest thermn, thr ~u~~ment of sll other surtu,
~~i~h intrn~t therce~n, ad~anccd ~n aae~r.ianir her~-~~ith t~~ pn~rect the secunc~• of this ~iortgage, and the pc:rtumiancr of the co~•enanu and
a;,~rmrnts of Bc~rn~~~rr hert:in rontainrd, and (hl the rLpa~•menc of am• futurr ad~ances, ~~ith intec~est thereon, made to Sorr,owrr b~~ Ixndrr
hrrcin "~utu .~d~~nec~"1, &~rn~~~~er dex-~ hereb~~ mort~ge, granr and mmrt~ to I.ender the f<~llo~+in~ descrit~d pn~pem• located in the Count~~
,,y ~t . ~.uc le ~ , St.~tc ot Florida:
Lat 7 and the North z of Lot 10, Block 12, of OAKLAIVI? PARK, according
to the Plat t:~ereof, as recorded in Plat Boak 2, page 7, of the Public
Records c?f St. Lucie Countv, Floridas together with the West 5'
of Vacant Alley East. ~
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7-`~ f':~ ~ -~1-~~DUU~L.AS DIX01~1
~ Ad~ ree ~ St Lucie C`o~nty
h r`„c T:~- t ~.3.~5~ CIerk ~ Court
~ wt
i 1:~a ti 6 By
~M
~ Total S 1~~ Deputy Clerk
i
~ ~~-I1KI1 I735 (IlC 3lll~fY~i llt fi08 South lOth St . Ft . Pierce
Florida 34950 < <Srmcc; ,.C;c,~j
Hrrcm "Pm}~rm' .~ddnss");
~titatr and "l.i~ C~x1c)
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~ ~CtX~ETHF.R ~~ith all thc impm~rmcnt~ no~~• ~r hercaftcr rrc~~tcd c~n thc pm~m•, and all ca~cmcnts, rights, a~purtcnanc~-~, rcnts, ro~alcies,
n~mcral, oil and ~,is n~htt and ~mhts, ~~~are~ «~rer ri~;hts, and ~~~ter saxk, an~ all h~turc-~ no«~ or hercaher attached to the pmpem~, all of
hich, including replacrmenes and addicicros tfiereto, shall be decmed to be and rrmain a part ot~ thr pm~em~ co~•ercd ht• this ~1ort~e; and all of
~ thr fort~~ing, te~ether .~ith s,~i~ ~mExm~ (~r the Icauhold escace if ~his ~tort~ is ~n a{easehold) are hecrin rrtcmd to as the "mort~ged
E~rc ~F•rm
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a
~
~ IL) H:~~'E .~\I~ "IC) H()I.IZ the ~.ii~i m<~rt~ged pm~m~ unt~~ thc I.ender, in fce ~implc.
~ .
.i\n BORRO~l"ER d~x~ hemh~ tulh ~~~arrant thc tide tc~ the ~.aid m<~rt£a,~ed ~re~~xm and ~~ill de!rnJ the wrne ~~inst la~~~fitl daims of al!
~ ~~rru~ns~~h~~mwx~rr.
~ .a\P BORRO~1'~:K Furthcr ro~enar.ts u ith I.~ndcr as tiilic~~~s:
58
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~ 1. "r<~ F.a~ «hcn ~1ur all ~um~ ~rc~~i~1r~1 it~ ~.iid \i~tc and im~ ane~~al, r~trmi:m <~r mix~ih~.3tic~n thcnac~t, and in this m~~rt~~,~.
2. T<~ pa~~ ~~hrn .fur, an~ ~~ith<~ut rcyuiring am• nc~ticr from L.endc~ ~II caxes_ atse*s~i~cnt~ c~f am- n•F~ or naturc. and c~ther cha~es le.ied or
~.u~.xd a~inst thc mc~rt~~,2d ~mpcm~ hrrcM~ rnriimhcrcd, or am~ interest of I.cndcr thcrein, znd~prociucr rrccipts thercfixt u~n dcmand. To
mimediatch• ~i~~ and dikhan~ am~ ilaim, 1~en c,r enr~2mbrance a~inst the moreF~,nd pmpem• ~~~hich ma~• be or hecomc supenor to this mortg~ge
anless herein ahci~•e specifiralh• e~iepte~l;i and tu ~ercnit nc detaulc or de{inquenc~~ ~r anc other lien, encumb~nce or charge a~inst the mort~aged
~~r~ i~cm'. . .
. 3. To keep the me~rt~,nged pmpem~ in.ured :+~inst Ic~ss or d~mage b~~ hm, and such ocher hazards in form and ame~uncs and for such peri«ic,
a~ ma~• he reyuired b~~ the I,ende~ and co pa~• pn~mpth~ hen dne all prrmiums <~f such insurance. The ~licies and rcnc~+als ~f svd insurance shall
~ hc hrld h~~ thc I,ender, and sh.ill ha~•e attaihed thercto Icxs ~a~~ahle clauses in ta~c~r ot; and in a form acceptable to the L.ender.
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; 7c~ maintain th~ mc~rt~~;~d ~.m~m~ in ~x~ ccmditicm and rrpa~r, inclu~lin~; hut nc~t limired t~ thc makinc ~~f such rcpairn as I.c~ider ma~~
~ trc~m time t<r time detem~ine a~ he necr.c~n~ t~~r the ~rcxnatie>n nf the ~.inte; tv cvmmic, ~iitlcr ur permit n.~ uacte ~~f c~id p:~pem' or the
~ ~mpro~~emcnts thenon.
~
~ ,
To compl~~ ~~ith all :a~~s, ordinancrs, rc~ulati<~ns. ic~~~cnan.s, am~iitic~ns and rcstricticros aRcrting thc rno:t,Q,igcd pmpcnr and not ro
~utTer or pemiit am• ~~olation thereol. ~
R ~7~ ~AGf .
BOuK
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