HomeMy WebLinkAbout1616 This instrument prepared by
Joyce A. McDermott
Su`erior Title ScrviceS~I~c. 1022d63~~s ~DOUt3LA~DTXnh'
8000 So . US 1- Ste . 302 Add Fee a_._._.__.g~, I,aae Cc+unty~
Port St. t_ucie, F1. 34952 . . D~cTnxSL~,•L~CI~slcotpc~u;t~,,;:T~
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FNA Case No.
Slate of Florida MORTGAGE
094-2334081/703
TH IS MORTGAGE ("Security Instrument") is given on J a n u a r y 2 9 , ~ 9 9 0 ,
The Mortgagor is
JOHN GORES and PENNY LYNN GORES, his wife
~vhose address is 1901 Embers Street, Port St. Lucie, Florida 34953 ~
,("Borrower"). This Security Instrument is given to
TREASURE COAST MORTGAGE CORPORATION
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which is organized and existing under the [aws of F 1 o r i d a , and whose
address is 1839 SE Port St. Lucie Blvd. ~ Por~~ St ,(~u~ie F1. ~34~5?~
Lender rro~ver owes en er he principal sum of
SEVENTY THOUSAND SIXTY-FIVE and no/100
Doliars (U.S. S 7 0, 0 6 5. 0 0 This debt is evidenced by Borrower's note dated the same date as this Sec~irity
Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on
I F e b r u a ry 1, 2 0 2 0 . This Security Instrument secures to Lend~r: (a) the repayment of the debt evidenced
by the Note, wicb 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 lnstrument; and (c) the performance of Bonower's covenants
and agreements under this Security Insirument and the Note. For this purpose, Borrower dces hereby mortgage, g~ant and
cor.vey to Lender the following described property located in St . L u c i e
County, Florida:
I Lot 1, Block 1207, PORT ST. LUCIE SECTION EIGHT,
i according to the Plat thereof, as recorded in Plat
~ Book 12, at Pages 38, 38A-38I, of the Public Records
~ of St. Lucie County, Florida.
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~ which has the address of 1901 Embers Street Port St . Lucie , [s~rre~, c;cy~,
~ Florida 3 4 9 5 3 [z~P coez~, ("Property Address");
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: TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
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rents, royalties, mine~al, 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 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 (awfully seized 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. Borrower warrants
~ and wil! deiend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
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~ 1. Paymeat of Principai, Interest and Late Gharge. Borrower shal! pay when due the principal of, and interest on, the
~ de~t evidenced by the Note and late charges due under the Note.
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~ 2. Monthly Payments of Taxes, Insumnce and Other C6s~rges. Borrower shall include in each monthiy payment, togeiher
= with the principal and interest as set forth in the Note and any late charges, an installment of any (a) taxes and special assessments
~ tevied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for
' insurance required by paragraph 4. ~ '
Page / oJ ~ rida o e- 6/S9
~-4F~FL) .~89tr9~. VM~ MORrGAGE FORMS • ~3~3i29"s~8t00 • ~8GOF52t-:29t gOR~ ~~PACE~~~
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