HomeMy WebLinkAbout0310 ~:~TH FUTURE ADVANCE ~ ~ `v~ 411191
THI$ MORTGAGE. m,xle ~h~s _ 21------ daY ol ---`~U1}/ - _ . A D. 153 78 . t~rtwrrn
n~~) ~y$Z$_.~+a-~'~"88QI1~-$~~_$d111L- . - - _ _ _ IR1u~ty,yoi) a~Kt
C3c'~1~ Sun Bank of St._Lucie Coun_ ty_.--- _ - _ _ _ . ~n,,~~~~,,.,v~~~•?.
' (Nomrot Sun 8enk!
WITNESSETH, that hlortg~yar, foi a~Ki m cons~derat~on of the premnrs ~nd ~n orU~•~ to srcure tnr ~iayment o~ the pr~nc~pat ,uaf
inte~est on the npte (as here~na~ter de~~nrdl, Alortyayor hr~r~y giants, ass~9ns e~anste~s end mi~r~y,aqes ro Mo~ty.~ger, ~ts wcc~•sso~s arxl
ass+g~e forever, ihe to~iow~ng descrried rrai p~opertv ~n S.t. LUC1E' _ Cn~~~~Y. F~o~Kta. ~uw~t:
~:a~.
Lot 9, Block 70, LAKEWOOD PARK, UNIT NO. 7 according to the ~ ~
plat thereof as recorded in Plat Book 11, page 13, of the p
Public Records of St. Lucie County, Florida
RECEIYEO =-~G~`~, MI PAYM:lIT Of T;.J( f
pQE pN CLASS 'C' p11ANC~LE tERSOtlAI P.;C. E..T:,
~11MT ?p p1A~Tflt TI-134. ACTS OF 1!)1.
This is a Second Mortgage Ro~t PoiTMs
pR CMblT oOrR~ t~ IIICE CQ. filL
- - - - - - f~IEU Ah0 NECu~tt:?_:
:~Tt~~E= ;~;=1!~~. STIUCt~COIlN?YFiA
~i'~J~.~~ii~C^~~l~i: _ $TNhi?. ' j~1~ 1 QvvFi'~)i ~AS ~
i~~ .~F f'EV~' fa~.-_: _ ; - rc.~ - -~1.+T ,
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_ - ~ 1191 J~~~ ?6 2 3~ PM'7Q
41
(here~naiier referred to as the Mo~tgayect Prouertyl, anci the Mo~tgayo~ does hereby tuily wanant the t~t:r to thf~ A1o,~qag~~c! Properey
arxf wut ~efend the same agamst the Iawful cta~ms of a!! pe,sons whomscever.
PROVIDED ALWAYS, that-~i Larx F_ Persse~ni cinglP_ ad~il t tne hlakerls) oi tnac
(I~sert Namelsli
certa~n promnsory note datecf the dale hereof ~thr Notel,--.~~ heirs, legal rep~esentat~ves or ass~9~~s shall uay to hlortyagee
the p~~nc~pal sum of 5_ 14 s734.8~ as ewde~c~d by the Note, w~th ~nre~est anci upo~ the te~ms as p~ovoded therem, the final
matunty date oi t!~e Note arxi of th~s Mo~tgage be~ng _ JulY ib , tg 8$ , wh~ch Note prov~des that
all ~nstallments ot pnnc,pal a~d mterest are payable at the ott~te of Mortgagee, o~ at wch oiher place as the h~lder may des~gnate m
w+~U~g, and that each maker ancf endorser agree to pay ait costs ot coNect~on, ~nc~uel~ng a reasonable aiforney's (ee, upon detauh m the
paymeni of the Note, and that ~t de(autt be made ~n the payment of any ~nstaltment thereuncfer and that ~f wch defauit ~s ~ot m:xfe
good ~n accordance with the terms of the Note, that the entue pnnapal wm arxf accrutti}, earned intr•est shatl become due and payabte
w~thout not~te at the opt~on ot the hOkier the~eot: arxl shalt per(orm and comply w~ih each and every st~pulet~on, agreement arn1 cov-
enant of the Note ancf of th~s Mortgage, thrn this Mortgaqr dnd the estate herehy creait:cf shalt pe vo~d, otherw~se thr safne shali rema~n
m futl fprce MakPr covenants to pay thr. m;erest arxi pr~nu{~al promptly whvn due. Mortgagor c~venants to pay the taxes ancl assess-
ments on sa~d propertv: to carry ~nsurarcP agamst 4~re on the tw~Wuig on said land for not Iess th~n S__~___~___, , approved
by ~he Mortgagee, w~th sta~clard mo.tyage losz c+ause payable to Mortgagee, thr. ~wf~cy to be hekl by the Mortyagee and to keep the
bwid~ng pn 5a~d larx! m proper rapa~r.
Th~s Mor[gage shatl secure not only exist~ng ~ndPbtetiness, bur a~so wch futu~e rKfoances, whether such acivances are oh!ey,~tOrV n~
to be :nacle at the opt~on o1 tilo~tgagee, or othe~w~se, az are macle w~*.hm twenty IZO~ Vea~s trom the date he~eol, to the saine rxtent as
~f wch futu~e acivances we~e madP on the date of the rxecut~on oF th~s Mortgage, but such Setu~etl ind~~~leYln~tss shait nor rxceecf ar any
i~me the nmax~mum pr~nc~pal am~ou~t ot S na _ N+~s ~nterr.st, arxl any d~st~ursemcrts macle fo~ thr payrnenr
ol tazes, tev~es, or ~nsuraRCe, on the Mortgaged P,oprrty, wrth inte~est on wch d~sbu~sements. Any such futuir aciva~ces, whether
-~1 ob~gatory or to be made at the opt~on of the Moityagee, or otherwise, may be macfe e~the~ pr~or to or after th.~ due date of the NotP or
~.v any other noees secured by th~s Moriyage. Th~s Mortqage ~s g~ven tor the spec~t+c pu~~x~se ot y,cur,nq any ancl ,aN ~n~~ebredness by rhe
, Maker ro PAortqagee {~ut ~n »o event shaA the setured mdebtedness exceeci at any t~me the max~mum prmc~pa~ amount set forth m th~s
paraqraph) m wha[ever manner ih~s ~nclebteciness may b~ ev~dencecl or represeniecf, unt~y rh~s Mortgage ~s sat~sfied of ~tx~rd Au cove-
~ f nants a~xf .3g~eements conta~r.ed ~n rh~s hloirga~ye sha~~ be appl~c.,hf.~ to a(~ fu~ther ac1v~+~c~~s m.~cie by Ftortgag.•~> t~ A1:,k:.-r urider th~s
~
~ ~uture advance clause
~ Shouid ~ny of tiw :ibOvP cove~~ant: tx broken then the Note ancl at! mon+tys v.curecl her~~by sh.~N, vv~tt:o:~t dF~mc~xf, ~f ihe
Mortyaqee, so el?et, at ortce bPCOmP due arxl payable and th~s mortyage may t5e foreclosed, arxf aN coits and exprnses of coiiect~nn arxi_
reason:,bie atto~neyc' 'ees. ~nclud~ng cos~s, e~xper,ses and reasonabie attorneys fNvs on appr3~, rf CG~IPCi~td by I~•ga~ p~ocee~Lnys or
V ! .
-~,1 tnroa9h an at,orney at !aw, >hall be pa:ci by t:~e h7aker, aixl tn._ ~me are h~~eby securvcf.
J
-~v IN WITNESS WNEREOF, ..he Mr~~tcyaGOr tl]5 PY"CUTE!(~ thli5 ^~1o~tyaye as qf •h~ Uat~~ f,, ;r ~~tx,v. ;e; !or*t~
!
~ S r+ d. sea~•~ct and Ae;+vv~ec!
~ ou p.ese~ce~ ~ . ~ ~
~ , ' ~ ISEALI
- ~ - -
- - -
Lars E. Persaion~,-~~;~-i
s`~-"'~- - . - - ~SEALI
ih"nrty(~u0- !
STATE OF Florida ~
. ~
COUNTY OF $C. Lucie 1 .
. .~.w:.
I HtREBY CERTIFV, !hat on ih~s day', brfprF me, an o!t~~r.r ~yty auth[H~Yec~.~h.jne St~t•r afor.•cj,cf ,-,nrf ~n theCo~inty a•oresa~d
y..~
~o ;ake atknowledgment4. P?'so:~ai~y ,~.pear!ti I•ars E. Pergsoa~;::~`l~~-'8{~Sl~. _
me knorfn !o be Thr p••rson ~~rser~b~f
• - ~,j~.y~"..-~~- ` ~ . . ~ . .
•n 3nd ~~ho executed chv fo:Nyo~~4 ~nstrume~: a~c! - rt~vy~eio~3 fo~e me tt~3t ~Kr~cutrd the same
t ~ ~y''f~j' : -
WITNESS my he uf a~d uff,c:a! seai ~n •ne C,unty and $fate ~ait ~ _ day qf
A D , 79 _ . ' +1~.. r,.p.~ ~eJ - - • ~
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~ v ~.~L': SC ..~~u., YX C(M~N~it4=.'x~ EY?~R". `Pt :?t i'>si
a 50t4-OOU-~ Rev. 8/7~ ~1~ ~ dU.~Q7fD l~tli.il C~~1fRP1 :~^G. rx~qY/R41~L €
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