Loading...
HomeMy WebLinkAbout1551 d i 1022~i31 : 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? ? v 16U0 South Federal Hwy., Suite 200 ~t~s~ C1~rko[~tCourt t Fort Pierce, Florida 34950 -~~By .l~~ _ ~ (4U7) 464-1033 'Fu;.al i ! ~a' Clu~ [Space ADove This Lme Fo~ Record~n~ Dsta] ~ ~ MORTGAGE LOAN~ Z~~so2~8 ~ ; . 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: ~ ~ ~ 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. - - _ - - - - - • STATE F`'_ .C'.~;~" ~ ~ DOCUI~AE~~ ~ARY, S TA_M r t n x. i ; r~:;i ;~c~~c~jirF , :a'.:;~ - - - _ . i~il 31 ~i ~ , ~ ~'~t4 ~ . 1i ''a ' t - _ - - ~ ! , i a s ~ i i whichha,theaddress~f xxx Mackey Avenue P~rt St. Lucie 1 fstreet] {c~rYl ~ a Florida ("Property Address"); ~ !z~c c~e~ l 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~~' u ~ ' - - • ~f ~ , ~ ~ ~ _ . ~ ~`'~~s'-~i~"~~? ~.w T~