HomeMy WebLinkAbout0310 U~1tC~:1 ~7VMC IM~'~SVVCMt1r~ MVK ~~~~C 4~~A~~ ~
t'~tTN FUTURE A~VANCE ~
THIS MORTGACE, made this _ 16 ~,iy o} June _ , n.o.. ~s78 , between~ -
D8ri{Bl p~n~[..g~+c~ P~~:~a . Qft~ }1~8 yjf~ IMo~iya9orl and
Sun Bank o~ ~t. j~ucie Coun~ _ _ in~o~~,~?:
;
~ lName ot Sun B•snk)
WITNESSETH, thst Mortqa9or, lor and ~n consKlerat+on ol the p~¢+n~ses and ~n order to secure Ihe pdyment OI the prmc~pal and
~nt~r~st on the note tas ~ere~nstter del~nedl, MortgagGr he~ebV grants, ass~gos uansfers and mortgages ro Mortgagee, ~~s successors and
~ St. Lucie
ascignz_totqrec._Iht_1415_~~~descr~bed real propertY ' ~ County, Fb~da. lo w~t:
~ Lots 3~ 4, Block 12, MARAVILLA PLAZA, as recorded thereof in Plat Book
5, Page 44, of the Public Records of St. Lucie County, Florida.
~ ~ ,ys ~ ~
' ~P-Pnred s M Paf~n~K 01 T~ ~
This is a Second Mortgage On Cls~ NC' Mqnp~p,~~~~~
n.~uan1 TO Ch~r 71. 1.94. AClf 01
fIlEO AMD a~COROED Rp~R POITpqg ~ ,
St. l1lCIE CO NtY f« :
/ ' ROCEA POISRAS r,rcuit Court. St. Luc~. Cp.. 4
...~1. C~EaK~4R~E~ ~ . '
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~SaN~~B~ .
~ ~ ; ~ ~~N zo i ~ _ :
,
° ~ ~ 4~'74~1. . 3
.._~i O t
-~r! ! ll ~~~e,~fter referred to as tAe Mort Pr
f gM~Cd Op¢rty~; and the MortgagOr does hereby fu~ly warrani lhe t~tie tp the Mortgaged Property
. ~ and w~il defend the same aga~nst the Iawiul tla~ms of ail persons whomsoever.
:1
• PROVIOEU ALWAYS, tnat ~i Daniel. P Groft and Pamela Groft,hi's W~fe , the Makerls) of thai
.
, ,~r`~'•. ! [Insert Name(s)j ~
ri~ f their =
y certa~n prom~ssory note dated the date hereof (the Note), heus, Iegat representat~ves or ass~gns shall pay to Mortgagee 6
{ 3
~~*~;z o ! the prmcipal sum of $ 19~.~i as ev~denced by the Noce, w~th mterest and upon the cermsasprov~ded there+n, the f~nal.
~ H
~_;i;~~ _ ~ matur~ty date of the Note and of th~s Mortgage bemg Jtlll~ 2b , ig80 , wh,ch No~e prowdei ~hat ~
"'t ~ alt mstaltments of pr~ncipal and irtterest a~e payabie at thp off~ce o( Mort
`l'~;~ . wrrtm and that ~ch maker and eodorser 9~9~e• or at wch othe? pla~e as the hoider may designate in
g, agree to pay all costs of cotlect~on, ~nctud~ng a reasonahle attorney"s fee, upon de(ault m the
d`_-~ payment ot the Note, and that d de(ault be made 1n the payment of any ~nstatiment thereunder and rhat rf wch detault rs not made
W " good m accordance with the terms oi the Note, that the entire pnnc~pal wm and accrued, ear~ed ~nterest shall become due and payable ~
)L'~o~ii~~ii~~) ~~hput nohce at the option of ~he. hoider thereof; and shall pertorm and comply w~1h each~and every st~pulatao, ag~eement and cov-
~ eoant of the Note and oF ~hn Mortgage, then th~s Mortgage and the estate hereby created shall be vod, otherw~se ~he same shall rema,n
i ~ +n tu!! torce. Maker covenants to pay the ~~terest and pr~nc~pal prompily when due. Mort9a9or covenants to pay the taxes a~d assess•
f ~U~{E ^~nts on sa~d p?pperty; to carry msurance aga~nst fwe on the bu~ld~ng on sa~d land for not less than S nA , approved ~
by the Mort e, wrth s[anciard mort loss clause a able to Morc `
..:JMTY ~ 9a9e P Y ga9ee, the pol~cy to be hekf by the Mortgagee and ;o keep the
bu~ld~ng on sa~d land ~n proper repa~r. ~
t
, Th1s MOrtgOgC shall seCU~e not only ex~sting ~ndebtedness, but also wch future adva~ces, whether such advances are obigatory or
to be made at the opt~o~ of Mortgagee, or Otherw~se, a5 are made w~th+n twenty (20) years f~om the date hereoi, to tho ~me extent as
wch tuture advances werE made on ?he date ot the execuuon of th~s Mortgage, but wch secu:ed ~ndebtedness.shall not exceed at any ~
} ~
~ Ume the max~mum pnn~~pa1 arr,QUnt Of S na plus mte~est, and any d~sbursements made for the payment
ot taxes, lev~es, or ~nsurance, o~ the Mortgaged Property;_wrth mterest on such d~sbur~¢ments. Any wch tuture advances, whether i
~ obl~gatory or to be made at the optwn of the Mor~g~e, or otherNrise, may be made e~iher p~wr to or after the due date ot the Note or !
C ~ any other notes secu~ed by thK Mortgage. ThK Mortgage ~s g~ven tor the speahc purpose of secunng any and ait ~rxlebtedness by the
Make: to Mor2gagee (but ~n no evem shall the secured ,ndebtednesi exceed at any t~me the max~mum pnnupat amount set forth m ~hK
~ ~ paragraph) m wfiatever manner th~s ~ndebtedness may be ev~denced er ~ep:esented, untif ih;s Mortyage ~s sat~zf~ed of ~ecord. All cove-
nants and agreements conta~ned ~n thn lNortgage shalt be appt~cablP to ati furthe~ advances macie by Mortgagee to Maker under thK
~ , ~ . future advance clause. i
~ Should any ot the above covenanls be broken then the Note and all moneYS secured hereby shall, w~lhoul demand; d the
Mortgagee, so el~t, at once become due and paYab~e and th~s matgage may be foreclosed, and ail costs and expenses of coUect~o~ arrd
reasonable at:orneys' ~ees, ~ncludmg costs, ~xpenses aM ~easonable attorneys'. feez on appeal, +f collecteA by legal proceedengs or
' [hrough an anomey at 1aw, shall be pa~d by the b7ake~, a~x1 the same are hcreby secured.
~
- ~ IN WITNESS WHEREOF, the Mortgagor has ezecuted th~s Mortgage as o} the date ~+rst above set jOrth.
S~gn ed a d' ered ;
~ u r sence
fSEAL)
~ ~ Ban, e2 P ~rd~'~'9 ~ ~
~ .
' lSEAL!
, f Pamela 90, E
i
~ STATE OF Florida ~
• COUNTY OF $t. Lucie ~
. - i..i..:..+~..~, ~
1 HEREBY CERTIFY, that on th~s day, before me, , ~u! 4~
~1`of~r y~thoj~ted ~n the State aforesa~d a~ct m the Couniy atoresa~d 3
tc take acknowledgments, persona~~y appear~~@~ ~t0 t:. ~~~p la Gro~* ~
_ S~ _ icrme known to be the person descr~bed
:
r~ and who executed the forego~ng ~nsfrument and ~he~- ~ aEkqowiEdgci! before me that th_
e~._ executed the same.
WIT~~SS my hanq d~d Off~t,al sed~ the County a~ $tal@ falt a I~A !h~ ` 16 day June
A.D., 19 . _ -
' -
pt , r' ._z.
60~zss ~A~E 310 _ - P'~J1K ' hlll S7ATE ~ FU.MtDA A1 LARGE .
~ 11t7(11RY r1~
~~~h+`s~rori ExP~res: ~ ~~5,~ ~piRB A/R. 2~ 1981 ~w
~ f0~7ED U~t! GH~itl1L Ita. IR~Nf~Jlf~i
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