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HomeMy WebLinkAbout1711 ~ 1022513 , , . . ' ~oan N~mbcr: 37-45-Q4S631-8 - ~ MORT~~GE 7~lfIS MORTGAGE is madc this 26Lh dty oi J~nnary, 1990 be~wccn t~c Morta~aor, ~ Richard A. Froat and Maryanna H. Froat , hia wife , f/k/a Mary Anne B. Smith, a ~ single woman ~ thcrcin 'Borrowcr"1, and Ihc Mortaaacc, Tht Money StorelFlocida, InC. a corporation orEanizcd ~ and caistina undcr thc I~Ws o( Florida whosc address is 1$01 ~.CC ROad, $I11tC 23s i Winter Park, Florida 32789 ~hcrcin 'Lcndc~'?. i i ~ WHEREAS, Borrowcr is indcb~cd to Lcndcr in thc principal som of U.S. s16,~~0.~~ ; ahich indcbtcdncss is cvidcnccd 6? BorroWCr's notc datcd January 26, I990 and cxtcnsions and ~ renewals thereof Iherein "Note'1, providins (or mon~hlt installments o( principal and interest, with ~he balance 3 ot thc indcbtcdncss, i( not sooncr paid, duc and parabic on Febrnary S, 200s . i TO SECURE to Lcndcr thc rcpaymcnt ot thc indcbtcdncss cvidcnccd b~ Ihc Notc, with intcrest thctcon; ihc ~ parmcnt ot ali othcr sums, Witd intcrest thcrcon, advanccd in accordancc 6crc~vith to ptotcct thc sccurit~ ot ~ ~his Mortaaac; and thc pcrformancc ut ihc covcnants and aarccmcnta ot Borro~vcn c~rcin containcd, Borrowcr ~ docs hcrcbi mortaaEc, arant and convcr to Lcndcr Ihc (olloWinE dcscribcd propcrtr locatcd in thc City Port St. Lucie, St. Lucie County s~a~c ot Florid~: t LOT 1, BLOCK 1892, PORT ST. LUCIE SECTION 19, ACCORDING TO THE j PLAT THEREOF AS RECORDED IN PLAT HOOg 13 PAGE 19, 19A-19g, OF - THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA. i I~, ~ , ~ 1 •~J r?cc~^Ln~ n*YON ~ ~ ^T{- - i ^ ~/-i 1 Cv r ~ L_ ~ ~ ~ iJ A ~ ~ ~ t~~ee $ __~.~Si L~cie Co~-~ty ~ ' C~O~UtVit ? Y . ; D~c t'as 3_~~--Clerk ~f Circ~it,~'e,;rr ~ ` n~o; ._~~~-ti .a _ S?i~`M , t~'s. lnc 1'3x v < , _ r/ j I~ ~ S - UV 3J r ~j. .~Ah~}~)~ 1.~.''~`.f;y~ 4"~. ~i ! ~ ~~l DepLLy Cler:c ' . Total $ ~ - - _ ~~nicn nas ~nc address ot 1596 Sonthwest Hunnicnt Avenue Port St. Lncie, Florida 34953 ~ ; !hcrcin "Propcrty Address"t ; TOGETIIER ~+ith a;! thc impro~cmcnts now on c~rcaftcr crcctcd on thc propcrty, and all cascmcnts, riE6ts, 6 appurtcnanccs and rents, all o( ~vhich shall bc dccmcd to bc and remain a part ot ~hc propcrly covcrcd by ~ this MortaaEc; and all of thc torcEoing, toact6cr with said propcr~i lor thc Icasc6old catatc i( this MortaaEc is ~ on a icasc6old) arc hcrcinaRcr rctcrrcd to as thc "Propcrtr." ~ Borrowcr covcnants that Borrowcr is law(ully sciscd of thc cstatc hcrcby convcycd and has thc riaht to ~ mortaaEe, arant and convey the Property, and t6at the Property is unencumbered, ezcepi (or encumbr~nces of ` rccord. Borrowcr covcnants that Borrowcr warrants and wil! dcfcnd gcncralir thc titic to thc Propcrt~ aaainct ~ ; all claims and dcmands, subjcct to cncumbranccs ot rccord. ~ UNIFORM COVENANTS. Borrowcr and Lcndcr covcnant and aErcc as follows: ~ ~ 1. Paymeat of Principal and Interest. Borrowcr shall promptlp pa~ w6cn duc thc principal and intcrest indcbtcdncss cvidcnccd br thc Notc. 2. Funds fOr T3xes and Insnrattce. Subject ro applicable !aw or a writlen wa~ver by Lender, Borrowcr s6a11 pay to Lcndcr on t6c day month{r paymcnts of principal and intcrest arc pavabic undcr thc Notc, until thc Notc is paid in full, a sum Ihcrcin 'Funds"1 cqual to onc-twclfth ot ihc ycarly tazcs and ~ assccsmcnts lincludins condominium and planncd unit dcvclopmcnt asscssmcnts, if anyf ~hich may attain prioritp vvcr this Pvtortaaac and around rents on thc Propcrly, if anr, plus onc-twcltth o( ~cari~ prcmium installmcnls (or hazard insurancc, plus onc-twclft6 oi ycarl~ prcmium installmcnts tor mortaaEc insurancc, if an~, all as rcasonably cstimatcd initiallt and (rom timc to timc br Lcndcr on thc basis of asscssmcnts and bills and rcasonablc cstimatcs thcrco[. Borrowcr shall not bc obliaatcd to matc ~uch paymcnls of Funds to Lcndcr to thc cztcnt that I3orrowcr matcs such paymcnts to ~hc holdcr of a prior mortEaac or dccd of trust if such holdcr is an institutional Icndcr. . ; ' Florida-Sccond MortEasc 10~81-FNMAIFNLMC UNIFORM INSTRUMENT ° M 675 F,S~E1711 BO„K , : - '-7 . . - . : , ' _ ~~~~.'~~~~ie,s~~:+