HomeMy WebLinkAbout0518 . ;
~ lozi9oe ~ ~
This instrument was prepa~ed by: . rG S r ;
Rec ~'ce ~1_L~-- ni%t C;tJiS n!~ON ~
C. ~'ICTOR BUTLF.R, FSQ. ree S---- s:. [.u~:_ c'~,~~~~y ~
~ $ 7~ f,r
1218 EAST ROBINSON STREET Doc Tax S 1.-~- ~ r, p-~ - ~
OR1.f1~D0, FLORIDA Int TFUC ~ " - j
.
Tot:~l S ~o • . . . ~
MORTGAGE ~
THIS MOHT'GAGE is made this 24Tt~ day of JANUARY , ~g 90 ~~n the ~
Mortgagor, JUANITA ~tILLER A\ U~vREh1ARRIED lv'IDOW AND WAYNE hiILLER SINGLE a
, whose address (the "Property Address") is: ~
RTE 1 BOX 381 FORT PIERCE FLORIDA 33450
("Borrower"), and the Mortgagee, UNITED COh1PANIES FINANCIAL CORP(?RATION „
whose address is P 0. BOX 1591. BATON ROUGE, LA 70821 ~
("Lender"). ~
WHEREAS, Borrower is indebted to Lender in the principal sum of THIRTY TG~'0 THOUSAND SIX HUNDRED
~ AND NO/ 100------ po~~a~ 32 , 600 .00 ) which indebtedness is evidenced by Borrower's note dated
ra TAA1i(,RV 7/. ~ QQ(~ ..~F... .:~L. .JI ~.d~ ?e.wn.u.Jn .w~d:f:i.n~:~nn n~d ?e~~l.~nnr~nnnfe~ ie~
x - T; i~~'-' ~iiiiiLGi~ tVi~GiiiL~ii i'fiiii Qii G1li~iiJiiiilJ~ fj'iiif'iiiiii„i~ iiiVViii'vL~li\iii~i~ GtiiV ii7tli4tVV~aaL~ia~i ~N
referred to be{ow as the "Note"), providing for monthly installcnents of principal and interest, with the balance of the in- ~
= debtedness, if not sooner paid, due and payable on FEBRUARY 1, 2005 , ~
~ The maximum principal indebtedness, including all future advances, that may be secured by this Mortgage is
m:~J $ 32 , 600. OQ '
1
~ TO SECURE the repayment of: (a) the indebtedness evidenced by the Note, and all interest accrued thereon; (b) all
~ future advances made by Lender to Borrower; and (c) all other sums (and all interest accrued thereon), advanced by Lender a
h' to protect the security of this Mortgage, and to secure the full and prompt performance of all the terms, covenants, and
r
agreements of Borrower in this Mortgage, Borrower mortgages, grants, and conveys to Lender the following described -
real property located in the County of ST LUCIE , State of Florida: ~
r
r
- FRO"1 THE EAST BOUNDARY OF U.S. HIGHWAY N0. 1, AT THE INTERSECTION OF THE SOtITH
BOUNDARY OF BALSA ROAD 0~` PLAT OF L.W. HALBL' LAND, AS IN PLAT BOOK 9, AT
PAGE 18, PUBLIC RECORDS OF ST LUCIE COU~TY, FLORIDA, RU~L' SOL'THEASTERLY ALO~G
'j ,Y SAID BOUNDARY 50 FEET FOR POINT OF BEGINNING, THENCE CONTINUE SO'UTHEASTERLY
ALONG SAID BOUI~DARY 60 FEFT, THEC:CE RUN EAST PARALLEL WITH BALSA ROAD 300
FEET, THENCE I~ORTii~~1ESTERLY PARALLEL ~dITH U.S. HIGHtv'AY N0. 1, FOR 60 FEET,
- TFiE\'CE RUti ~~BST PARALLEL WITH BALSA ROAD 300 FEET TO POINT OF BEGItiNI\G.
' ~I . ~-~Y~ F`.~~~~~, t, .
! ` , C:~CUMEf+1TAt::'.. STAM?' ~ ;
r ;,-..---,.~-~,~vf~;~~ - - -
; ' _ _
_ _ ~:~1: •3g ',~~~'-f:.'~,"' 8. 1,~ t
~ ~ ~ y~' ~
_ . ,
:
E r ~ - _ ..___.___~~_.__.~C~'.___..~."
f
, .
t
E ~
~ TOGETHER with all easements, rights, tenements, hereditaments, appurtenances, and all buildings, improvements,
[ fixtures, equipment, and personal property now or hereafter located upon, erected on, or existing on the real property,
~ and all parts, accessories, repairs, improvements, subs:itutions, and replacements, and all rents, issues, and profits, and
~ all proceeds of any of the foregoing, including the proceeds of insurance policies and the proceeds of condemnation, all
; of which shall be encumbered by this Mortgage; and all the foregoing, together with the real property (or the leasehold
€ estate if the Borrower's inierest in the real property is a leasehold interest) are hereinafter referred to collectively as the
~ "Property.,
~
~ Borrower covenants that Borrower is lawfully seized of the Property and has the right to mortgage, grant and encumber
~ the Property and the Property is unencumbered, except for encumbrances approved by lender. Borrower warrants and
" wiil forever defend the title to the Property against the lawful claims of all persons.
F
Borrower represents, covenants, anrJ agrees as follows:
1. Payment of Indebtedness. Borrower shall pay all indebtedness and parform all obligations secured by this Mort-
gage promptly when due.
2. Security Inter+ast. To the extent that any of the Property from time to time constitutes personal property subject
to the provisions of the Florida Uniform Commercial Code (the "Code"), this Mortgage constitutes a"Security Agreement"
for all purposes under the Ct~de, and recording or filing this Mortgage with any public officer or agency shall have the
same effect as recording or filing a"Financing StatemenY' under the Code. Without limitation, Lender at its option upon
Borrower's defautt, has all the rights and remedies available from time to time to a secured party under the Code with
respect to the Property; hawever, Borrower agrees that, unless Lender elects otherwise, a!I right, title, and interest of Bor-
rower in the Property and rents constitute an interest in real property.
` Borrowsr acknowledges that if any notification is required by the Code in connection with the disposition of the
" Property, the notification is reasonable if given in accordance with the provisions of this Mortgage at least ten days before
E the disposition of the Pro~erty. Without limitation, Borrower agrees that the inclusion of the Properly, the rents, or any
} rights therein or proceeds thereof in a Financing Statement shall not, in any way, alter or affect Lender's rights under this
Mortgage, or othervvise available under applicable law, or impair the priority of the lien or security interesi granted in this
Mortgage.
~~,?3 ~ aoeK E75 Fac~ `~18 . . _ .
~
- ~5 ~ ~r~
, ~ ~r:~~ ~~~~~r~~~.~~