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FHA Case Nu.
5tute of Florida MORTGAGE
09~1-2337377
THIS h90RTGAGE ("Security lnstrument") is given on J a n u a r y 2 5 , 19 90 .
The Mortgagar is
RUSSEI.L LOHSEN and U~BORAH A. LOHSEN, husband and wife
,
E~hose address is 557 GOLI)COAST AVF .
P 0 R T S T. I. U C I E, F I. 3 4 9 8 3 `Borrower"). This Security Instrument is given to
TREASURE COAST MURTGAGF. CORPORATION ,
i~ich is or~anized and existin~ under the laws of t 1~ e S t a t e o f F 1 o r i d a , and w•hose
address is
~ 1 8 3 9 S. E. P 0 R T S T. L U L' I E B L V D. `Lender"). Borrower owes Lender the principal sum of
PORT ST. LUCIF., FL. 34952
Forty Five Thousand Nine Hundred Eighty Three Dollars & No/IOU
llollars (U.S. $ 4 5, y 8 3. 0 0 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
. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
bti~ the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest,
advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants
and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and
~om~ey to Lender the following described property located in
S t. L u c i e County, Florida:
LOT 5, BLOCK 57 , PORT ST. LUCIE SECTIUN TWENTY--FIVE
ACCORDING TO THE PLAT THEREOF. RECOKDED IN }'I.AT BOOK 13, PAGE
32. 32A 'THROUGH 32I OF THE PUBLIC RECORUS OF ST. LUCIE CC1L'NTY,
FLORIDA.
I RANGF: , WEI.I. PUMP , WAT~R SOFT~:N I NG EQLJ I PMENT I
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-•JAM."'g'90 i~` .~4t U 3. U~ J
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~ hich has the address of 5 5 7 G 0 L D C O A S T A V E. P 0 R T S T. U C I E [screet, C~~y~~,
~ Florida 3 4 9 8 3 (z[P code~, ("Property Address");
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~ TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
E rents, royalties, mineral, oil and gas rights and profits, water rights and stock and ali ~xtures now 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 Security Instrument as the "Property."
~ BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to murtgage,
grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
znd will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
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~ 1. Pay~ment of Principal, Interest and Late Charge. Borro~4~er shall pay when due the principal of, and interest on, the
~ debt evidenced by the Note and late charges due under the Note.
~ 2. Monthiy Payments of Tax~es,lnsurance and Other Charges. Borrower shall include in each monthly payment, together
g with the principal and interest as set forth in the Note and any late charges, an installment of any (a) taxes and special assessments
~ levied or to be levied against the Property, (b) leasehoid payments or ground rents on the Property, and (c) premiums for
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insurance required by paragraph 4.
Page / oj 4 f HA Florida Mongage - 6/89
~f •4FIFL{ ~8?09~ VMP MOHTGAGE FORMS • 1313t193 8100 • IBOOi521.7291 f'p nt ~O A
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