HomeMy WebLinkAbout2968 Prepared by : Kathy Selzer 2061-63b8 10 2 3~ 9 9 ~
Chelsea Tit le Co. ~ Fa ppU(3[.A9 DIXON
1295 SE Port St. Lucie Blvd Add Fea = St Lucie County
Port St. Lucie, FL 34952 Dx Tax = Clerk o< <'~r~;,ic C~urt
lnt Tax = gy
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FHA Case No.
State of Florida MORTGAGE 094-z28972-9
THIS MORTGAGE ("Security lnctrument") is given on JANUARY 26 , 19 90 •
The Mortgagor is
VICTOR A. FACONTI AND MICHELE M. FACONTI, his wife
,
~vhose address is 2298 SW JAY AVENUE, PORT ST. LUCIE, FL 34953
,("Borrower"). This Security Instrument is given to
DELLWOOD CORPORATION
~
~vhich is organized and existing under the laws of the State of Pennsylvania , and whose
address is Post Of f ice Box 729, Carnegie, PA 15106
("Lender"). Bonower owes Lender the principal sum of
SIXTY EIG1iT THOUSAND EIGHT HUNDRED AND 00/100--------__~.~____~__r~~__~__~~~_
j Dollars (U.S. S 68, 800. 00 This debt is evidenced by Borrower's note dated the same date as this Security
i Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on
~ FEBRUARY 1, 2020 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced
e by the Note, with 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 Instrument; and (c) the performance of Bonower's covenants
i and agreements under this Security Instrument and the Note. For this purpose, Borrower dots hereby mortgage, grant and
~ convey to Lender the following described property located in ST. LUCIE
, County, Ftorida:
~ Lot 44, Block 1755, PORT ST. LUCIE SECTION TRIRTY FIVE, according to the plat
~ thereof, recorded in Plat Book 15, Pages 10 and l0A through lOP of the
E Public Records of St. Lucie County, :=lorida.
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~ . DOC~_rPf,~NTARY~::"_ STAMP_ ~_Ah 1
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~ which has the address of 229g S~d JAY AVENUE PORT ST. LUCIE [st~ee~, c~cy~,
Florida 34953 (ziP code~, ("Property Address");
~ TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
f rents, royalties, mineral, oit and gas rights and profits, water rights and stock and all ~xtures 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 "Pro~erty."
BORROWER COVENANTS that Borrower is lawfully 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 will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
s i. PAyment of Principxl, [nterest and Late Charge. Borrower shall pay when due the principal of, and interest on, the
~ debt evidenced by the Note and late charges due under the Note.
~ 2. Monthly Payments of Taxes, Insurs~nce and Other Chstrges. Borrower shall include in each monthly payment, together
with the principal and interest as set forth in the Note and any late charges, an installment of any (a) taxes and special asse.csments
levied 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 1 oj ~ FHA florida Mortgage - 6/a9
~-AF~FL) ~e9cio, VMP MOHTGAGE FQRMS • 13131293 B70p • 1800?521-7I91 o P ~
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