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LOAN NUMBER: 2275519
MORTGAGE
THIS MORTGAGE ("Security Instrument") is given on JAyUARY 30 •
19 90 • The mortgagor is HOWARD C. WOODRUM AND SARADEE A. WOOCRUht
("Borrower"). This Security Instcument is given to
PHH US hk~RTGAGE CORPORATION . which is organizod and existing
under the taws of NEW JERSEY , and whose address is 55 HADDONFIE D ERRY HILL;
NEW JERSEY 08002 ~~~~d~~.
Horrower owes Lender the principal sum of EIG(-II'Y TE-10USAND AtiD 00/100
Dollars (U.S. S 80 This debt is evidenced by Borrower's note
datod the same date as this Security Instrument ("Note"), which prbv~des or monthly payments. with the full debt. if not
pa.id earlier, due and payable on FEBRUARY O1ST 2Q20 - This Socurity
. Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and al! renewaIs,
eatensions and modifications; (b) the payment of all other sums, with inter~st, 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, Bonower does her~by mortgage, grant and convey to Lender the following
described property located in ST. LUCIE ~unty, Florida:
L~~TS 20 AND 21 BLOCK 742, PORT ST. LUCIE, SECTION EIGHTEEN, ACCORDING TO THE
PLAT THERF~OF AS RECORDED IN PLAT BOOK 13 PAGES 17 AND 17A THROUGH 17K, OF THE
PUBLIC RECOR~S OF ST. LUCIE, COUNTY, FIAR~DA.
BEING MORE COrMONLY KNOWN AS; 2434 SUMMIT
BEING THE SAi~1E PREI~fISES CO[JVEYED T~0 THE MORT'GAGORS HEREIN BY DEED TO BE RECORDED
SIMULTANE:OUSLY ES,IITH• THIS EING A PURCHASE PRICE MORTGAGE GIVF~] TO SECURE
THE PURCHAS CE OF '~'HE CR SED PREMISES.
PREPAR Y;
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~ which has the address of 2434 SU~1IT , PORT ST, UCIE .
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~ 34983
~ Florida ("Property Address");
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TOGETHER WITH all the improvements r~ow or her~after erected on the property, and all easements, rights,
appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and a11 fixtures now or
hereafter a pari of the property. AU repEacements and additions shali also be covered by this Security Instrument. All of the
foregoing is referred to in this Security Instrument as the "Property."
BORROwER COVENANTS thai 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 rocord.
; Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
~ encumbranccs of record.
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THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
~ limited variations by jurisdiction to corstitute a uniiorm security instrument covenng real property.
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FLORiDI?-s~ngie Fam~ly-fNMA/fHLMC UNIFORM INSTRUMENT Fwm 3010 12/d3
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