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prepared by: t ~UOUGI.A3 DT!tON
Riverside National Bank of F~orida ; $t j,nde Cot:nc-;
2211 Okeechobee Road ~'0-S~
Ft. Pierce, F1. 34950 ~~~X 3-a~~-~--~~'~,~~~~Ot~rcu,c
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(Spxe Above This lint Fo? Recordin~ Data]
MORTGAGE
THIS MORTGAGE ("Security Instrament") is given on JA2NARY 31 .
19 90 Themortgagoris KENNETH T. SC4TT and PATRICIA SCOTT, his wife
Z"f3:,~a~er"). Thi~ Scx:un~y instrument is gwen to
RIVERSIUE NATIONAL BANK OF FLORIDA
whicfi is organized and existing under the laws of UNITED STATES OF AMERICA , and whose address is
2211 OKEECHOBEE RD., FT. PIERCE, FL. 34950
("L.ender").
Borrower owes Lender the principal sum of ONE HUAiDRED EIGHTY SEVEN THOUSAND ~ NO/100
, ~~~ars (U.S. S 187 , 000 . 00 Ttiis debt is evidenced by Bonower's note
dated ihe same date as this Security Instrument ("Note"), which provides for monthly payments, with the fuii debt, if not
paid earlier, due and payable on AUGUST 1, 2020 This Security
Instrument secures to I.ender (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
extensions and modifications; (b) the payment of all ot}~er sums, with interest, advanced under paragraph 7 to protect the
~ security of tfiis Security Ir?strument; and (c) the performance of Borrower's covenants and agreements under this Security
Instrument and the Note. For this purpose, Borrower dces hereby mortgage, grant and convey to Lender the following
described property located in . ST. LUCIE County, Florida:
~
~ The Southrest 1/4 of the Southwest 1/4 Less the East 807.d0 feet
and Less the West 40.00 feet and Less the South 43.50 feet, all
lying and being in Section 15, Township 35 South, Range 38
East, St. Lucie County, Florida.
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~ which has the addsess of 2150 SNEED ROAD , FORT PIERCE ,
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Florida 34945 ("Property Addres.s");
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TC~ETHER WITH all the improvements now or hereafter erected on the property, and ail easements, rights,
~FRurtenances, rents, royalties, minera.i, oil and gas rights and profits, water rights and stock and a(i fixtures now or
here3fter a part af the property. All replacements and additions sha11 also be covered by this Security Instrument. All of the
foregoing is referred to in this Security Instrument as the "Property."
BORROwER COVE`A'~TS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
mortgage, grant and convey the Froperty and rhat th~ Pr.,~~Y ,~~~c~,i iur encumorances ot reeord.
t3orrow~cr warrants and w•ill defend genecally the tit{e to the Property against a)1 claims and demands, subject to any
enrumbrances of record.
TFiIS SECI'RITI~ I'~STRL"yfE~T combines uniform covenants tor national use and non-uniform covenants with
limitrd ~anaticros b~~~urisdiction toconstiwte a uniCorm security instrument covering real property.
FLORIDA-s~^qie 'am~iy-FNMA/FHLMC UNIFORM INSTRUMENT g~~K675 PACE~~~~ Form 3010 12/83
~~'B~F~) .Beo2~ vM? MORTGAGf ~OAMS • ~3+3 l93 8100 • •fl00~5; ~
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