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FHA Case No.
State of Florida MORTGAGE 094-2325724
THIS hiORTGAGE ("Security Instrument") is given on December 29 , 19 89 .
The Mortgagor is
RENE P. L~IIEUX AND JOE~E A. LII~iIEllX, HIS WIFE,
,
whose address is 1443 BUCKINGHAM TERRACE, PORT ST. LUCIE, FLORIDA 34952
,("Borrower"). This Security Instrument is given to
TREASURE COAST MORTGAGE CORPORATION
which is organized and existing under the laws of the State of FLORIDA , and whose
, address is 1839 S. E. PORT ST. LUCIE BOULEVARD, PORT ST. LUCIE, FLORIDA 34952
("Lender"). Borrower owes Lender the principal sum of
Forty-Five Thousand One Hundred One Dollars and No/100
Dollars (U.S. E 45,101.00 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
January 1, 2Q20 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
by 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
convey to Lender the following described property located in
St . Luc ie County, Florida:
P LOT 18, BLt~CK 224, SOUTH PORT ST. LUCIE L'NIT SIXTEEN, ACCORDING TO THE PLAT THEREOF,
I AS RECORDED IN PLAT BOOK 16, PAGES 43, 43A THROUGH 43F OF THE PUBLIC RECORDS OF ST.
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; LUCIE COUNTY, FLORIDA.
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~ which has the address of 1443 BUCKINGHAM TERRACE, PORT ST. LUCIE ~se~ee~, c~~y~,
~ Florida 34952 (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, appurtenan~es,
rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the
property. All replacements and additions shall aiso be covered by this Security Instrument. A!I of the foregoing is referred
to in this Security lnstrument as the "Property."
BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and 'nas the right to mortgage,
grant and comey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
: and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
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~ 1. Paymeet of Principal, Interest and LAte C6~rge. Borrower shall pay when due the principal of, and interest on, the
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~ debt evidenced by the Note and late charges due under the Note.
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~ 2. Monthly Payments of Taxes, Insuraace And Other Cha~ges. Borrower shalt include in each monthiy paynnent, together
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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 ur to be levied against the Propeny, (b) leasehold payments or ground rents on the Yroperty, and (c) premiums for
insurance required by paragraph 4.
Page l oJ s FHA florida Mori`a~e - 6/d9
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