HomeMy WebLinkAbout0830 OIRECTlqME~„~ MORTGAGE ~~s3~ .
WITM F~JTURE JNDVAMCE
. TH6 YORTGI?GE. mao~ m~s 218t dsY o( D@Cemb~L, . A.O., 19 1Z_ . b~twaa~
pZ~=ick S. Oavis Jr. &~lice C. Davis iMo?~Sago~1 a~d
Sl~i Baa1[ ~f St ~u~ie ~nt~ (Mortqageel;
, INsmtol Su~ Bank)
w1TMf55ETM. dw~ Yort9~apo~, fw x+d ~n consWeratan of the prem~ses and in order to secure the payment o~ the p.~nc~pal and
K+ee.~ a+ w.~o~ las ~re.naiter del~ned?, ~Ao~tyagor hereby grants, auipns transfers and ma[yages to Mortqaqee, ~ts succasors arxf
a~qec bee~er, tn~ ~Oqaw~ry desc~~Ded ~e>> p~op~r~y St. LL1C~@ County, Fbrda, to w:t:
Lot 11, Block 3~-PLAT of SUNSET PARK SUBDIVISION as per plat
thereof reoorded in P2at Book 11, Paqe 28, Pub].ic Records of
St. Locie tb~mty,~Florida.
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ritis is a secpnd aortgaqe. ~
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W ow on clas "C' MtM~bt~ ~OpMhh ;
°z Purtu~nl To Ch~p4r 71.151? .
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° 1~I~C~IIMTY 11~. - _ -
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i l~a~nfatr re«sr~d ~o a tAe Mortgvged Prapaty); and the Mortgagor does he~eby tully warrant the title to the Mortgaged Property
> u+d .rw defad n.r ~en~ a~aieast the IaMtut eiaims of al l persons whomsoever.
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Q PRdV10ED AUNAYS, tAat if ~~i~e~~ , the Maker(sl o( that ?
w [lnsert Name(s11 `
~ eeru+n va~arY oaee ~ced rhe dace Aereof (the ~fote), ~eir y~KS, legal representat~res or assigns shall pay to Mortgagee
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c d+e pr+woP~~ si+ of S as ewdenced by the Note, w~th intaest and upon the terms as p?ov~ded therem, fhe t~nal
. ~ow~R? dne o~ tAe No~e and of tha Mo.tgage being 1-fi-83 , 19 , which Note prov~des that
Q a~ ~sa~w~ts of vrs~c.osl and r+taest are payabk at tAe oftice of Mortgagee, or at wch other place as the holder may designate ~n
w'R*~i and ~ac 4c1~ naaker and adwser agree to pay all coris of colkction, including a reasonable attorney's tee, upon default ~n the
Wy~+es[ of cAe Naoe, ard tlqt A deiaerli be made in tbe payment of any installment thereunder ~d that ii such detault is not made ~
yoW a aooadaeor wtA the tpms of the Nota, ti?at the entire principal sum and aocrued, earned interest shall become due and payable
Mi~w+= wrrtsi a[ tl~e ovc.on of ti+e Aoider thueof; and shall perform and comply with each a~d every ri~pulatan, agreement and cov-
erw,[ af r~.e 1~io~e aa! ot tA,s Mo?tg~ye, t?~m tbn Mortgage and the estate here6y creaied sha11 be vo~d, otherw~se the same shaU ~emain ~
A.~ ~oroe ~ita oowwr+n to pay the interest and principal promptly whe~ due. Mortgagor cove~ants to pay the taxes and assess-
~~s oe s~a orapaey: co orry u~wrance apa,nst fre on the building on sad land for not less than S , approved
bfr t~e Yo~t~alee- rwtR stardard mortgage bss dause payabie to Mortgagee, the policy to be heid by the Mortgagee a~d to keep the
bu ~i?+~ oe sad f~eud e+ D~aPa
TAa Yora~a~e s~+aY sewre not oniy ex~st~ng K~debtednrts, but also such (uture advances, whether such advances a~e obligatory or ;
m b~ r*~Oe ac tt+e oO~~m af ~to~tgagee, o? otAe+w~se, as are made within tweniy (20) years from the date hereot, to the same eztent as ~
~ s.cA i~e~re adw+ca we?e rnade on tAe date of the execu[wn of this Mortgage, but such secured ~ndebtedness shall not exceed at any
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x i t+~ ~e ma~s~uw p.a+apot arr.ount of s plus interest, and a~y d~sbursements made tor the paymen:
~ of tss~s. +c+ims. or +wuance, on the Mwtgaged Property, with interest on wch disbursements. Any wch future advances, whetner ~
, ab~~r o~ m Oe arade at Me optan oi the Mortgagee, or otherwise, may be made either prior to or afte~ the due date ot the Note or
~ j ~ ~oee:C s~wW by th~s Mwtg~ge. This Mo~tgage is given (or the SpxifiC purpose Of secunng any and all mdebtedneu by the
; Ma~=? ~o ~b~a~ee (but ~n ro em+t sAail the secured indebtedness exceed at a~y time the maximum pr~ncipal amount set forth i~ thn f
~ P~alr~1 w wAace+~ ~we+ner this irxlebtednas may be ev~denced or represented, until this Mortgage is satisfied of record. AI1 cove-
+~s+is aed alceeme~ecs oonta~ned in this htortgage shall be applicable to all turiher advances made by Mortgagee fo Maker under th~s ±
~ f~rt~+~e adrance d.a~se_ ~
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Z S~o+id yhr of ctee abwe cwenants be broken then the Note and atl moneys secured hereby shalt, w,thout demand, ~t the ~
~ y Knnga~ee. a a~ec[, a[ once pecort~e due a~d payable and this mortgage may be foreclosed, and all costs and expenses ot collection and
~~I ~~~+We a~wraelrs E~es, u~ciud~ng costs, expenses and reasonable attorneys' fees on appeal, rf collected by Iegal pro~eed,ngs or
~g+~9~? ~~a~r a~ shat ;be pad by the Maker, and the same are hereby secured. ~ t
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~17~tE5S INHEREOF. the Mwtgagor has executed this Mortgage as of the date tirst above set torth. ~
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$9r+ed. ied deinerlQ '
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(SEAL)
' (Mort r) `
~ L~~ _ C.(~.i)c.-U L'~'(.L~-E . ~t~ ~/~'tS~-i
. ISEAU
(Mortgagor ~
~ FIOZlad ~ r
COiA~iTY OF St. Lt1C1@ o ~ •''G•• - :
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l NEREBY CEHTIFV, chat o~ tAa day, betore anq, an officer duty:~ibn=ed m the Scate aforesad and i~ the Cou~ty aforesed ;
~o :a~r xt,,,o„~r~e~,Qnts, ~vsona~`y appea,ed F~~.,riCk; ~'it ~~~IxCe":DaV3.3 to me known to be the person deur~bed ;
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r^ ar~ w~o e~ec..ced ctie toregoW+g u+stri;ment snd t}~@v : acl~nwvfeclged betore me that t=h~ executed the same. r
w~TpESS r.w e+a~,a a~w ottK~a~ seai ~n the C~wr+ty arW State la~t afer tFNs - Zlst d y of December
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MY Comm~ssan E - - ~
f'~ nM ~l~'~C.`~;Ti~?"tvrr-r;:~} ATt!l'Y,~
4-6014-000~7 Rw ilJ7 ~ ~K%V ~ fC7N.nt''_'i t: ` ` - `
~~r V(~rV E.eco~..ehen
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