HomeMy WebLinkAbout0605 t~!RECT HOME IMPRUVEMENT MORTGAGE 4U204'7 (1 /
1 M FUTURE ADVANCE
27t~1 ~ rll A D. 19 78 . l~etwre~
THIS h10RTGAGE. m.r.fr !h~s - ~1~y ot _ P .
_C.~, G»stavo M. Arias and Marisella D. Arias_~__his wife_ _ ,n,,,,,,,,.,~,~,,
B'~~
Sun Bank of St._Lucie Countx__________ _ _ _ _ _ _ _ _ ~4,~,~ysqrr?:
iNameof SunBank;
WITNESSETH, tha~ hlort9d4or, foi aixf ~n convcfe~at~on of the prrm~irs and m o~de~ to xcure t~~r peymen~ ol thr Princ~pal ~~x1
~ntrrest On Ihe nOte (as ~ere~n~tter Aet~ne~il. A9oity3yo~ heieby y~anis, dss~yr~s tr,~nstr~i e~,u ~»u~iy.~y.r~ iu i.iu~ly.~yc.•, ~t> iu~cr,>~;s:;n:S
ass~gns torever, tne fOllOw~nq deSCr~bed reat prOpt'rty m.___~~__._._L~~.~.---- Cou~~~y. FIO~Kfa. to w~t:
Lot 11, Block "N" , MARAVILLA ESTATES, as per
plat thereof recorded in Plat Book 9, Page
77, of the Public Records of St. Lucie County,
Florida.
. , _
~ , . ' Maived $ I,, ~ y
, ~ tn p.rn.n~ a T.w.
[i : ~ . ` OtN Or « ••C•• IMa
_ ~wfbk o+e~ans~ Prop.rt~?.
! ~+a~ avter 71. 134. Acls Of 1871.
' - i RUGER PpiTpAS 9P
~ ~+4~a~~~~A~~~. Cl~elt Cucuii Court. St. ttK,~i~, Cp„ p~, ;
~ T+ L A !QI ~A~
~ ~ CLfpK G ~C~IIT COU j -
~ . i•E~,.r:fD . _
; ' -
. ~ HA~ 3 !I 23_AH ~~0
~ ~~11~i~~?
(here~naiter referred to as the Mortgagc~t PiopertV~: erKi ihe Mortgagor does he~eby (uliy warrant thr t~Ue to the Mor~gaget! P~operty
and viul defend the same ac?a~nst the lawtul cla~ms ot all persons whomsoeve~. ~
PROVIDED AIWAYS, that ~f ~~~C~a~~o M rias ~nd Mar~ s~11a_~~~r13Se Make~ls) oi tha;
{Insert Namelsli
certa~n prom~ssory note da[ecf the date hereof (the Notel,thP~ r hens, leqal rep~esentatrvrs o~ dss~gns Sha~l pdY to MortgaqeF
the pnnc~pal sum of S 1Q ~6 32 . 7? as evidencecl hy the Note, w:th ~~terest ancl upon the tenns as prowded therem, the hnai
matuniy da[e o~ the Note anci of th~s Mortyage he~ny ~__AF1r1-1--~ ~ . i9 -H '~r-- . wh~ch Note p+ov~des that
all ~nstallments oi pr~nrpal and mterest are payab~e at the off,~e of Mortgayee, or at wch oiher place as the holder may des~qnate m
wnUng, and that each maker anci erxforser agree to pay aU costs of cotleci~on, ~nciud~ng a~easonabie attorney's fee, uppn default ~n the
; payment of the Note, and that ~f detauit br macfe in the payment of any mstatlme~t thereuncfer and that ~f wch default is not macie
~ good ~n accordanee w+th the terms of the Note, that the e~t~re pr ~napal wm ancl accruEri, earnPC1 ~nterezt shaU become due arxi payable
~ wrthout not,ce at the opt~on of the ho~der thereof. ~nc1 sha!t peyform a~d comply w~th each and eve:y st~pulat~on, ag~eement arxl cov-
~ enant of the No[e and ei th~s Mort9aye, then ~h~s hlor~gage araci the estate hereby r.eateci shall be vo~A, otherw~se the same shall rema~n
~ ~n fuli force Maker covenants'o pav the ~nterrst aixl pnnupal promptiy when due. Mo~tgayor covenantz ro pay the taxes ancl assess-
i .ti~„ c Tl ~c1 annrnvwi
_ - - . .
~ mer:S un sd~u proyr~ry. w~e~~y nrou~a„~c .,y...~~St :.~C ~...~a._~
by rhe Ma~tgagee, wrth starxfard mortqag~ !oss ciause payable to Moriyag~~e, the policy to be hekl by the• hlortgagee and ro keep [he
~ bu+iA~ng on sa~d ia~xf m proper rep~iu.
n
~ Thrc Mortqage shalf secu~e not only ex~zt~nq mdeUtecfnes~, but ~Iso wch futwe xtvances, whether such ~xivanees a~e ob~iqarory or
~ to be made at ;ne opt~on ot Mo~: ~qee, or o?hf~:w~se, as a~~ mad!• w~thm twenty (20~ years from che date hereot, to the same extent as
9;
~
4 ~i such `uture .3civances we~e maci~ on the date ot the execution of [his Mortgage, but such zecurexl ~ndrbteKlneSS sha11 n0[ exCfrect at any
~ ~ '
a
~ t~me the max,mum pr~nc~pat an~ount of S_-__-n a P~us ~nterest, ancl any d~st>u~semenl5 macle for the payment
of taxes, lev~es, or insurance, on tne PAortgaged Prope~~y, w:th ~me~est on such disbur~ments. Any such tuture :xivancr.s, whether
~ - ~ obl~gatory or ro be made at t~e ophan of thr 1Aortyagee, or otherw~se, may be macfe e~ther pnor to or atter the• due date o~ the Note or
~ ,iny othv no?es iecurecf by th~s hlortgage. Th~s htortyaye n grven fp~ the spec~f~e pu•pose o1 srcunnq any ancl ait mdebteciness hy the
*.t,~ke~ ro Mortg:ige~ Ibut ,n no event shalt the se:cu~ed indebtrdne55 excet~l 0t any r~m.~ the max+mum p+~ncipa~.3mount set forth ~n this
p:~~aqrnph~ ~r, wh~tever mannPr ,h~s ~nd?bteclnes> may b~t ev~d~rncecl o~ rep-es~nt.~e1, unti! th~s Mortudqe ~z satisf~ed Ot ~eco~d. All Cove-
ndni> and .iyrft~ments tOntain.•d .n this hlo~tqe~e sh[ill be applic.~ir~ to ail }urther aclvances rn~cfr~ [~y Mo~:gaqee to'41dk~rr under ihi5
_ ~ +uture ,)[1v.incec~JU~ .
. _
~ $houtd ~ny ot the~ ,N~Ov~~ eov~~~~ants_ br b•o~~~~ tnen fhe .IV~iN vnd 311 monryt SrCUrP(1~ hB~el)y ;h:~ll, withow rlema~~d, ~f th••
~'(~~!yd~JrC. A f~eCt, dt onrr b••comc• ciue anrl payahlr and ;h~s mo~ty~ye may tx• foir•clos~Ki, an~1 .~~i cotts .~nd e•Hp.•nset of coiiect~on intl
.j X` ~ea~o~~i~'e atto~neys' fee~. ~nctud~~g COS1S, ~'Rp~•nSt'S a~xi ~easonabie attorneys' ~eos on appral, coilecteet by ~~~ga~ proce«Kl~nqs or
~ - th~ouyh a~~ atto~ ~ey at ~Jlti. ih~~I hB U7i(~ ~)V (flf~ M:tkvr ~In(~ 1hC s.ime are he,rby wcurc~l.
~ IN WITNESS WNEREOF, thr• F,1~~tyagur has ••.~~curtrf Tn~~ P.lortyay~r as ot rne darv (~rst ~t>~v~ seT fo~th.
/ .
5;,' 7`:~ $~y•,.••V. sWdlecl dnd de~~v.•.~•d -
~ o~ u•ese^cP • - .
~ ~J~ ~ ISEALI
:3 . .'~r~".^i+g.~.._~---- - - ~ _
v;
„ s o~i ~tii~~~,:,~,~zo• A as
~ ~
~ ~ , , -
= ct~ L~t~ 1 ~'~..~C,~ J - G~~~1~SEA~~
- - - _ _ - -
~ - -
~ ~ I _ _ 2i isella +ti,~~t~;~ym1 D. Arias ~
R~;
STATE OF FLORIDA ' ~
, .
P.~
cour~TV oF ST LUCIE .
I HEREBY CERTIFV tn;~' o^ th~s Aa be~o!.' me. a'~ O!•`~crr dui• a~,hq~~~ed ~n thw S~t 2pp ~,ys ,r~ end ~n th~• COunty ,~foreSa~
. Y . r , ~ U 'f~i'~ S
~o ~ak~ 3iknO::;edgme~ts. pe•~o-,,~~iy ~c~t~~<u.dCZu~~s~Y_~2~-~_~1~'~sell~ ib me known to be th~, n~.•sondescr~hed
f ' n .n. ni ,~•'d ~ axc•
; ~n and nno exeeLteA 'n~• to ~yo•^a _ th@X_-_ _ dcknowled9ecl ~OrC Ci1R that ~'±`~~..Z_-_ cured ihe k+mr.
s
WITNES$ ^+V ha~d a• r! n'f c~~~ ~ *n•• Cnun•Y irvl $ dt~- '.i5t ,ifpn~~>.3~d ~~~s ~.1~~ day of~., ~Prll--- •
A ~ . ~ 9 t '
, .
"~;3 .
tiosa.•r Pub~~c . . ~
- ~.1y Cpmm~SS~U xU.rBS~. j~•
NOTARY PU6LIC STATE OF P.ORIDA AT lAROI
:~.14-000~7 Rev. 8/77 MY COAAMf5510N EXPIRES OCT. 10, 197t ~~t ~~i ~j ~j .
v=w 00['~~D TH~Y 6fNEAl~ INSl1RA/JCE UN~ER`1Y0.11ERa ~V•~X w~rV V p~ V~ .
- - - _ , -