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THIS LS A 3ALLOON MORTGAGE ANU THE FINAL PRINCIPAL PAYMF:N`~ UR
THE PRINCIPAL ~UE UPON t~tATURITY IS $48,O~O.l~O, TvG~TH~K WL'1'H +
ACCRUEU INT~REST, IF ANY, ANU ALL ADVANCEMENTS MADE BY TH~
MORTGAGEE UNDER THE TERMS QF THIS MURTCAGE. ~
PREPARED BY : R~c FM ___._1= [)OUl3I.A8 DI7(ON ~
UOUGLAS E. GONANO, ESQUIRE Add Fees
First Ci[izens Federal Bldg. g~ ~ Cbanh? ?
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16U0 South Federal Hwy., Suite 200 ~t~s~ C1~rko[~tCourt t
Fort Pierce, Florida 34950 -~~By .l~~ _ ~
(4U7) 464-1033
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[Space ADove This Lme Fo~ Record~n~ Dsta] ~
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MORTGAGE LOAN~ Z~~so2~8 ~
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THIS MORTGAGE ("Security Instrument") is given on a~ , ~
19QU Themortgagoris CUSTOM NOMES UF PORT ST. LUCIE, INC. , a Florida corporation ~
("Rnrro er"l T'}, is Secu t Instr~rr~nt i~~g en~to ~
~3 rs~ Citiaens ~~dera av s Loan Association ;
wh~ hi o an z and ex~ ~n under the laws of THE UNITED STATES OF Ah1~RICA , and whose address is ~
1~60b~ S~g ~e~eral ~~g~iway ;
Ft. Pierce, Florida 34950 ~
, ("Lender"). _
Borrower owes Lender the principal sum of ~
Forty-eight thousand and NQ/100---------------------------------------------------- ~
Dollars (U.S. S 48 , 000.00 This debt is evidenced by Borrower's note i
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 24 , 1991 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 7 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, granl and convey to Lender the fotlawi~g ?
described propeny located in . St. Lucie County, Florida: ~
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Lot 9, Block 1839, PORT ST. LUCIE, y
SECTIUN SEYEN, according to the Plat ~
thereof, recarded in Plat Book 12, Pages ~
37A through 37F, pu~lic records of S[. ~
Lucie County, Florida, ? ;
~
Mortgagor covenants that the property mortgaged herein is not the residence of [he ~
mortgagor, nor is contiguous to the residence of the mortgagor and is not mortgagor's
homestead. -
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STATE F`'_ .C'.~;~" ~
~ DOCUI~AE~~ ~ARY, S TA_M r t n x. i
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whichha,theaddress~f xxx Mackey Avenue P~rt St. Lucie 1
fstreet] {c~rYl ~
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Florida ("Property Address"); ~
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T(X;ETHER WITH ail the improvements now or hereafter erected on the property, and all easements, nghts, i
appurtenances, rents, ro}•alties, mineral, oil and gas rights and profits, water rights and stock and a11 fixtures now or 1
hereafter a part of the property. All replacements and additions shall also be covered by this Security [nstrument. All of the ~
foregoing ~s referred to in this Security Instrument as the "Property." ~
BnRRnwER CnvE~AtiTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to ~
mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
Borrow~er warrants and will defend generally the titfe to the Property against ali claims and demands, subject to any
encumbrances of record.
THIS SECtR1Tl I~STRL~IE.`T combines uniform covenants for natio~at use and non-uniform c~venants with
I~mited ~ anations bc juri~diction to contintute a uniform sccurity instrument covering real property.
BOOK ~75 PACf ~5~1
~~ORIDA-S~~g!e Fa~;,!~-FNMA/FHLMC UNIFORM INSTRUMENT form 3010 12/83
~-6 (FL) 8"' VMOMORTUAGEFORMS • 1313~~938100 • !600~'2t 1~~'
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