HomeMy WebLinkAbout0527 DIlIECT NOME IMPROVEMENT ~OR~G~G~ ~A ~ ~
WIYH FUTURE AOVANCE ~a,
THlS MORTGAGE. mad~ tAis 1.~_ day of $Orr,_._ , A.D., 19 , b~tvwN?
8]aer F. Dean and Jean C. vean. his wife IMo.~y.~o~t and
St~II BaIIk of St_ 2~~n~s~ [`.n~~v
- (Mortppnl:
INam~ ot Sun 8ank)
WITNESSETH, that Matpipor, tor Md in tonsid~ratq~ oi th~ {xMnitq ~nd in oMK to s~cur~ tM WYmMt ot tM print~psl ~nd
iot~rase on cM not~ (a Mran~lar d~fawdl, Monpapor i?u~uy ~~nts. rai~~s ~nrutK: ~nd morcq~ ~o Mwtqpse, iu:uects~w~snd
asipra forwar. tM fOtlowinp d~st~~b~d rN1 prppwty ie at. j~yr~Q County. Fb~ida. to wit:
Lot 6, 81ock A, Ricbard's Subdivi8loa, aa per plat thereof recorded
in Plat Book 4, at Page 60, of St. Lucie Couaty, Florida
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v~i (hsreir~ftar refMred to ss tM MortqyM PropatY): snd tM Morty~yo~ doas hu~by fiully wsrrant ths titk to the Mortyay~d Proparty
> ~nd wiil det~nd tM s~ ap~inst tM Isrv(W claims oi all penorn wNomsoaer.
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h PROVIOED AIWAYS, thst if glmer F DeAn a.ui _io~„ C. D~~.. , tM Makerls) oi thst
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~ aertain .promissay note dat~d tht d~te Mroof (ths Non). Aeirs. Npsl repres~ntativas or assipns sfisll pay to Monysgs~
OQ tM principN sum of ~ 3853. 3~ ~s e~ridenced by tM Note. with intereu end upoo th~ terms as provided thetein, tft~ fi~l
u+ maturity dia oi ttN Note ~nd of tha Monpge beiog _..$B~1t 16 , ig 81 which Note prqvides thst
a ail instsNme~+u ot principil end incsrest ~ psyabk at cM offies of Monpap~s, or ~t auch other place ss tM fwlder m~
v~i - ~n~Y. and that ach msk~ snd ~ndoner sprN to p~y sll ooats of edNction, includ' • reasonabte mor • Y~te in
~0 ney s fee, upon default in tbe
ptymM~t ot the Not~, snd that if d~f~ult be R~le in tM Wyment of any installm~nt thereunde~ snd thst ii wth defauh is not msd~
y ouod in sooo~da~ wiM the tams of the Not~. thst "the entire principsl sum srd aouued, earned intarest shslt bacan~ due and payabN
without notice st Uw option of tM hotda thereof: and shdl parform and oompty with awh and avary stipulstion, spree~np~t ad oov-
a+ant of th~ Not~ ~nd of this Morty~pr, tMn tha Moctpaps ~nd the ~state Mnby croated shall be void, otAerwisr [he same shNl remsin
_ in ful! toro~ IIAak~ coven~nis to p~y tM intaat ~nd P?~nc~pM promptly when dus. Monps~or oqvensots to ~sy the taxas and assess-
rr~ents on aid proparty: to q?ry inwnnoe sp~inst fs~ on the buiidinD on ssid Isnd tor not.lsss thsn S approved
bY the Mo~tyrp~e, with sqnd~rtl martyg~ bss dsuse paysbk to Mortysgee. the policy io be held by tAe Mortysgee and to keep the -
build'Mq on fiid Iat1d in Propar reWir.
• This Mor[psp~ sbsll ~swn not only ~xistinp irdebtednsss. but sl~o wch future adv~?~s, wl?ethar sw;h advanoes are oblipatory or
to d mad~ st the optio~ oi Mortyps~, w otherwise, ss are made within twenty (20) yerrs from the date hereof, to thrssme~xt~nt ss
pv ii aud~ futur~ idv~ wsre msde on the d~te of ths exewtan of this Mortyspe, but wch scwrod indebtedness shall not exceed sc sny
m ~ time the maximum principd arnourK of ti - n~8 plut interest. and any disbur~ts msde tor the paymeni
: ~o v _ of taxa, Nvies, or insyrsna, on the Mortpop~d prop~t~, with interest on such distwpements. Any wd~ futuro advanoa, whetAer
~ ~ ablpatory or to b~ made at the opcan of the Mort~~pe, or othe~wirs, m~y be msde fither prior to or sfta~ the due date of the Note or
a ~ sny oth~r notes ~acured by this Mortyaye. This Morty~ye is 9'wan for the specific purpo~ of ~ewrinp any snd all irKl~btedneu by the
~w W MrJcsr to Mo~t4spe~ (but in no event shatl ths ssared inde6todneu axceed at sny time the maxirtwm principat arnount set forth io this
a • P~sp~spl~1 in wh~evet msmer tha ind~btednas may be evide~~ced pr ~epreser~ted, until this IYfort~age is satisfied oi recwd. AN covs-
Q ~ nants ard aprNrt~snts oontainsd ~ this Monyape shall be applicable to all fwrtha advancas made by Mortyagee to Msker undK this
~ futun advano~ dsuw.
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W ShouM! ~ny of _tl~e ~bOVe Cove~ants be broken then ihe Npte snd all moneys seCUrsd. hereby sha11, without demsnd, it the
~ ~ MortYSye~. ~o elect, et onw b~oome due and psyabk snd this mortyaye may be fasdo~ed, and all costs and experises o~ coltection and
~ fe r~son~bM attorneys' f~a, indudiny casts, ezpenses at~d ~sonebb attorneys' fea on appesl, ef colkcted bY kqsl Wocesdings or
N 0 thrwigA an sttaney at law, shsl! be psid by the Maker, snd the sam~ are heraby sswred.
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y ~ IH WITNESS WHEREOF, the Mortyspor hss exeouted this Mortgsye ss ot ihe dste tirst above set forth.
~ A~. Signed. and <feiiverod
in our .
n~;~pn Hl fSEA~)
~ F j~gn(Mortgagor)
` ' ~ (SEA~i
t'$II ~'i. I~E:SIIlMortpapor)
STATE OF F10I~{~8 ~ '
{\~~~131/1 ~ :
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St Lucie '
COUNTY OF • ~ GrF~•. ~ _ ~
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1 lfEREBY CEATIFY, thst on tbis Wy, ~ 9,~ r
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~h~ ~.l ~ ~ptbOr.iz~d in the Sta~te aforessid arxf in tM County aforesa+d
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to tske xknowl~dymant:, pe.sonally'appesrea ' to me k~own to be the peno~ desc.ibed
y.: tir~ .~~•v' : ~
in and w1a executd [Me iore~oirg instnwneni~~ ' nwr1~ befon me thst exscuted the s~m~.
WITM ~ `r•.':` ~ '
~m? twnd.ed ofr+cisl ser! in iAS d~'I~t~'~ - O` this 12 ot
A.O., 18 ~ . ' - et ai-,. " '
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