HomeMy WebLinkAbout0325 , . _ . . _ _M,~.. - ' _ . ,y.. . . . -..R _ _ . -:s:t:.e.:.. . ~ . . . ' - - . . . '
~ ?
DIRECT 110M~ IMPROVEMENT , MORTGAGE 3'76318 J
WiTH FUTURE ADVANCE
THiS MORTt3AGE. mad~ Mis 18 d~y of .~~~,~,o~oL . A.O.. 19 ZL , b~tw~a~ ~
__1;,~
~aveli'-and Valerie ~`.uar~ell~ ,hia vifa IMorc~porl a~+d
3un Bank of St. Lucis Couaty ~Mon9.~..1:
' (N~rn~ of Sun Bank] ~
WITNESSETH, th~t Monppo~, tor ~nd in contidtrstion ot iM pnrniqs ~nd in or~ to seeun tM psY~t of tht tu•+.~.ipsl ~nd
ifltN~tt Of1 tIN nQt~ (if h~tMMftK d~1iMd~. Monypor AenbY ~M+is, assiyns transtars ~nd monptp~s to Mortp~prs, itt tuccessor: and
astiprq tO~tva. th~.tollowinQ desc~iD~d rql propntY in st. ~.11C18 County. Florids. to wit:
. The 8ast one-half of Lot 15, .Bloc.lc L, of l~oblee and Nottingha~ Subdivisioa,
being a aubdivieion of tLa South 62S fest of the Si~c of the lii~c of tha SB~,c
~ ~nd the Horth 165 fest of the ~iAt of the SB~t of the SB;ic, all in Section 4,
To~aship 35 South, Range 40 Baet, plat of sihich is recorded in Plat Book 4,
page bl. public recosds of St. Lucis County, Florida;
Z SUBJSCT to~all reservations, ~++~ents, rights of vay and restrictions of records
. Q ^ - _
z
~ -
: oc ~ -
° ~ iT. WC
E 001l~MTYRfLA. /S. S~ / IN PAYMENT Of T/UiE~
W . ROQER POITRAi
CIERk CIRCUIT COUR ~ ~Rtt'
V '~^nr. : YE!?~FiEO TO C~' ER Tl•134. ACTS QF tsJl.
Q . . • • • • . , itOGER PORRAS •
Q----- ~ Auc 1~1 f I 32 AN'11 ~:'"~"E
x
: r ;QC " ~ . _
a a'~ ~ va7'.8 _ _
a :-a ~ . -
Q
y ~ lheninsftK nf~rnd to ss the Mort9gd Prop~rtyl: snd the Mortpayor does hueby fully wsrcsnt tM titN to the Mortyaped Property .
> 1~r? , sna,Ki~~ def.aa tN. s~mt ap.MSt N,. Iswfu~ clams ui sl~ pusons,Ml,on,~oever. _
pC J
`z PROVIDED ALWAYS, thtt ifZ~Q ~'~r ~g~ eri a~ rawell~his vife , the MakKls) of th~t
z ' ` i It~at Namelsll
W . .
~ r prtsin pramiuory not~ d~ted the date Mroof (tM Note1. ~ r heirs, leq~l repre~sntstives or sssiprK sball p~y to Mortgagee
uo
~p O Q!~ tn. pri~q~ wm of = Z~ 775 _ 0~ ~s evida~ced by che Not~. w~ch incerest and w~on the terms as provided therein, tM fi~~
w ~Z rrwturity d~q of ths Nott ard of this Mortppe bsing ~~t 2,~ 19 whicfi Note provides thst
= E j~~ o"~c a a11 i~islMnents oi principsl and int~st ar~ psYabk aR tM otfice of Morty~yee, or at wch othar ptaoe as the talder m~y desi~ste in
F- i~~ Q I11( N writi~g, snd that e~ch maker and ~ndo~ar aprtt to pay all eosts of collsstion, indudinp a reasonabls mornsy's fe~, uPOn defauh in ths
~
he
~o payrtMnt of ths Note, ~nd th~t if default bs mada in the payment of any instsl4nerK theraunder end thst if wdi defsult is not made
~rt~~ a paod in socord~nce with tM terms of the Note, that tM ~ntire principst wm snd accrued, esroed interest shsll became due ~nd payabk
~UJC~ nllltlllll w~cAout notiee st tM opcion of tM twlder thereof; and shNl periorm and camply with ~A and every stipulacao, aprearnant wd oov-
enam ot th~ Note snd of this Mortg~pe, then tliis Morty~pa and the atste hareby crestd sMetl be v~oid, otherwise ths same shsll retnain
~ 1~ in full force. Msk~r covawnu to psY tM intarest snd principal prariptly when due. Mortp~yor ooKnants to pay tNs tsxes and ~u-
. rtwntt on ssid prop~rty; to carry inwranCe ipainst firs on the buildinp on seid land fo? not leu than i . aPP~o~d
SR~+1~ lUC1E by tl~s MortpepM, with standard matysye bss cls~u~ payabb to Mort~sgs~, tM poliey to be held by the Mortyagee and to keep the
Cii~NTY . buildirg on said Isnd in PraPK -
~ , This Martpap~ shall secun not only existiny indsbt~dness. but alao wch future advances, whether such adv~ences are oblgatory or
~ to be made ~t the option ot Mortyapw, w otherwis~, ss are made within twa~ty 120) y~n iram the date Ae~eof, to the same e~cte~t ss
! e0 if such tutun ~dv~nc~s were made on tNe, date of tt~t exawtan of this Mortp~ye, but weh seeurod i~debtedn~ shall not exceed at s~y
E } time the maxirtwm principsl arrwuM of s 1 ~ plus interat, snd any disbursemaots made for the psyrt~ant
m
p of taxa. Mvia, or irtwrsnce. on the Mort~spsd Property, with interest on such d"aburaernents. Any such future advances, whethsr
ablgstory or to be mad~ st the option of the Monpepae, or otherwise, msy be mads ~ither prior to or aher the due dste of the Note or
¢ any other notes ~eaued by this Morcpsp~. This Mortppe is piven for the specific purpose of se~uring any and a!1 ~t~u Dy the
~ Maker to Mortyaoe~ (but in no went shsl! the ~swnd indebtednas excaed at a~t? time the maximum principal amount set forth in tbis
~ psnpraph) in w1?~ever m~nne? tAis indebtedness msy be evidenced or re~xesented, until this Nloetyaye is sstisfied of reco~d. All cove-
v ~nu ~nd apreertiants containad in tha Mort~ shsll be appticabk. to all funher adva~ces made by Mortgspee co Msker under this
Q tuture sd+ranct dause. -
~
~ Slwuld am of the above cover?snts be broken then the Note and all moneYS sen,rad hereby shall, without demand, if the r
w
2 Mortpaye~. ~o elect. at once beoome due and psysbh ard this matyaye may be foredosed, a~+d all costs and expenses of colkction snd
; ~ r~so~abfe ~ttorneys' t~et, i~duding eosu, expenses and rssaonabb sttorrwys' fees on ~ppeal, if eolfected by legst proceedings or
¢ throuph sn attorney at Isw. shsll be psid by ths Maker, and the ssme are hsreby secured.
v~ -
Z
N IN WITNESS WHEREOF, the Mortpsyor hss executed this Mo?tga~s ss of the date first above set torth. _
h=- SiYned, seskd and dNiveted - - ~
in our .
(SEAI)
rsve~°`t~°`~
(SEAL)
- ' 81ei~@ ~lS~t~°~)
~
STATE OF " 1 - 't
- ,~,.r~. s~-
~ _ ;'~r t~ ~5 A.v::' _s: _
COUNTY OF .St. Lucie 1 _ ~,•~..~utui~i~tri~~~:.. ' -
" A ~r~~ a - ; ~ .
, . I HEREBY CERTIFY, that on this day, b~fwe m~, an oific~,d~ly s~i ~ _ ~tate sforesaid and in the Couniy aforasid
. ~
. ,s '
to ak~ sclcnowf~dprnents, personslly appeued ~n to be iM pa.son described
L ~~°d°°~-~ _
in s~d wla exscut~d the forepoinp irmruma+t snd _ at 4.-. rr~ thst t~v exeated tM ssme.
WIT my hand snd officwl seai in che County and Sntt id ch'a ` - dsy otel~ ,
A.D., 19 sf~~~, v~ i~:
• ; r.
fi~s. K+r wa~t srNe~r~oiua ~?r wa
x „~n? oarwwss~o~w~s ~ Na
~ v aQOK 273 ~ 323 ~ ~ :
~ 4-so,~-ooa~ a.~ s~n E..~....~.