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---St. Luc;e Co~nty
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~~Y ---~--y~ Clerk of (`~it Court
S -~1-:L~_ By
THIS INSTRIJMENT PREPARED BY: 1.p~~ = a(o~ b ~ Deputy Cierk
,~lARIA PENSADO
FIRST ATLAN'TIC MORTGAGE CORPORATION
12515 N. Kendall Drive, Suite 124
Miami, Florida 33186
- ISpsce Abore This Liae Fw Rcrordiag D~tal -
FHA Case No.
State of Florida MORTGAGE 094-2246956~703
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THIS MORTGAGE ("Security Instrument") is given on January 25 , 19 90 .
The Mortgagoris JEFFREY K. THEOBALD and ALICE M. THEOBALD, his wife
,
w~hose address is 3680 S.W. Ballweg Street, Port St. Lucie, Florida 34953
,("Borrower"). This Security lnstrument is given to
FIRST ATLANTIC MORTGAGE CORPORATION
,
which is organized and eaisting under the laws of THE STATE OF FLORIDA , and whose
addressis 12515 N. Kendall Drive, Suite 124, Miami, Florida 33186
"Lender" Borrower owes Lender the nnci sum of ~
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SIXTY NINE THOUSAND SEVEN HUNDRED ONE AND NO/100 ~
Dollars (U.S. $ 69, 701.00 This debt is evidenced by Borrower's note dated the same date as this Security '
Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid eartier, due and payable on i
February 1, 2020 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
by the Not~~, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest,
acivanced under pazagraph 6 to protect the serurity of this Security lnstrument; and (c) the performance of Borrower's covenants
and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, grant and
~onvey to Lender the following described property located in ST. LUCIE
County, Florida:
' Lot 22, Block 1975, PORT ST. LUCIE SECTION NINETEEN, according
to the Plat thereof, recorded in Plat Book 13, Pages 19 and 19A
through 19K of the Public Records of St. Lucie County, Florida.
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STA~"E F~OR1C3~ '
! ~ _ QC~CUMcNTAP.Y,;.-:~ _ STAMP ~AX 1 .
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~ which has the address of 3680 S.W. Ballwe Street, Port St. Lucie
$ (Strcct, Cityj,
Florida 34953 [ZIP Code], ("Property Address");
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E TOGETHER WiTH all the improvements now or hereafter erected on the property, and al! ~asements, rights, appurtenances,
` rents, royalties, mineral, oi! 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 Ins[rument. Atl of the foregoing is referred
to in this Security Instrument as the "Property."
BORROWER COVENANTS that Borrower is lawfully seized of ihe 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. Borrovrer warrants
and will defend generally the title to the Property against al( claims and deman~s, subject to any encumbrances of record.
` 1. Payment of Principal, interest ~rnd Late Ch~rge. Burrower shall pay w~hen due the principal of, and interest on, the
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~ debt evidenced by the Note and late charges due under the Note.
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~ 2. Monthly PAyments of Taxes, Insursince aod 016er C6arges. Borrower shali include in each monthly payment, together
~ with the principal and interest as sei forth in the Note and any late charges, an installment of any (a) taxes and special assessments
levied or to be levied against the Propr.rty, (b) leasehold payments or ground rents on the Property, and (c) premiums for
insurance required by paragraph 4.
Po3e / of 4 PHA Florida Mortgage - 6/a9
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