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HomeMy WebLinkAbout0539 oIRECT NOME IMPROVEMENT ~UK I VAV~ '.vITH FUTURE ADVANCE TNIS MORTGAGE. ma~1e ~h~s ~ 8th - day ol A1~AUS~_ _ _ _ . A D . 197~ _ , I~etwrrn Bob C. Green and Edris Green, hie wife ~n,1~,.,~,,~,~? ~~x~ _ - Sun Bank of St. Lucie County IMo~tyayeel: - ~Namaol Sun 8ank1 - WITNESSETH, that Mo~tyayor, fo~ and ~n COn5Klerat~on 01 IhB p~emises a~d ~n o~dr~ ~o srcure thr paymen~ o~ the pnnc~pal and ~nterest on the note las here~naiter det~nedl, Mortyago~ hereby y~ams, ass~g~s uansters and morigayes to hlortg.igcw, rtssuccrsso+s and ass~9ns to~eve~, ~ne ~ouow~ng descr~ned ~eai NropN.~y ~n _ St. LuC1e COUIICY COUn~y, FIprK1d, 10 W~1: Lots 3 and 4, Block 6 WESIWOOD MANOR, as per plat thereof on file in Plat Book 6, Page 26 of the public records of St. Lucie County, Florida (This is a Second Mortgage) ~99 ~ FtlE0 ANO RECCROED ~n Paymsnt Q~Tb~ ~ iT.lIJC1E COUNTY FIA. ~u~ On Claas "C' Int~rplblspr~~ip,r~~ ROGER PO1IRAS p~~a~t To C - O , CLERK ~IRCUIT C UR ~ hepte? 71. 134. A~s Q~ 1571. - ; -~~^•F^VE~~f1E0 ROGERPpRRAS . - ' g~~ ` i ~ Auc I I 10 vs AM'1~ ~"~n St. ~~«e. . ~ :i . 413x78 ~E - (here~nafter refenerl !a as the Mortgageci Properlyl; a~d the Mo~tgagor does hereby fulty warrant the trtte to the hlortgagecl Property and wul defend the same aga~nst the law(ul cia~ms ot all persons whomsoeve~. ~ PROVIDED ALWAYS, that ~i BOb C e n nd Edris GreeII , the Makerls) of thal - ~ {Inse~t Mamelsll ~ certain prom~ssory note dated the date hereof (the Notel.---~5-- he~rs, legal rep~esentac~vez pr ass~gns shall pay ro Mortyagee , the pr~nuoai sum o( 5 6996. ~i9 _ as ev~denced by the Note, with ~nterest ancl upon the terms as prowded therem, the i~nal ' matur~ty date of the Note and of th~s Mortgage be+ng At(gu!at 11 , tg ties..- , wh~ch Note prov~des that ~ - ali ~nstailments of p~~nupal and mterest are payable at the otf~ce o~ Morigag?e, or at wch other piace as the holder may designate m wr~t~ng, and that each maker and e~dorser agree to pay ali costs oE coilect~on, includ~ng a reasonabie attorney's tee, upon default ~n the i. payment ot the Note, and that ~f delau~t be made ~n the payment of any instaliment thereunder and that ~t wch de(ault ~s not made ' good m accordance ~vrth the termz oi ihe Note, that ~he ent,re pnnc~pa! wm arxf accruecl, earned mterest sha~l becomedue arxf payabie w~thout notice at the opt~on ot the hofder thereol. and shall perform arxl compiy w~th each and eve+y st~pulatwn, agreement and cov enant ot the Note and ot th~s Mortg:x~e, then th~s Mortgage and the estate hereby createci shali be vo~d, otherw~se the same sholl rema~n ~n full force. Maker covenants to pay the ~nterest arxl prmc:pai promptly when due. Mo~tgagor covenants to pay the tazes arxl assess- ments o~ sa~d prope+ty; to carry +nsu~ance aga~nst hre on the bu~td~ng on sa~d land fo+ not lesz than ~ , approved by rhz Mortgagee, wrth starnlard matgage toss c~ause payable to Mortg.+gee, the pol~cy to be held by the hlort9.~gee and to keep the bwkl~ng on sa~d land ~n prover rePa~r. ~ Th~s Mortgage sha:l secure ~ot o~~y ex~stmg ~ndebteciness, bu~ atso wch future advancei, whether wch atlvances are ohligatory or I to be made at the oD[~on o~ Mortg.~ger, o~ otherw~se, as are madN w~thm twenty (20? yearz fiom the daie hereof, to the same extent as ~f wch tuture aclvances were made on the date of the execut~on of th~s Martgage, but such secure~cl ~ndebie~ciness shafl not exceect at any ~ ~ t~me the max~mum pr~nupal amount of S- ~ V~~S ~merest, and any d~~ursementsmade for the paymem t ~ ot taxes, iev~es, or ~nsu~ance, on the Mortgagecl Property, w~th ~n[~rest on wch d~sbu~sements. Any such future advances, whether ~ _ ~ obl~gatory or ro be made at the ophon of the Mo~tgagee, or otherw~se, may be made e~!he~ pnor to or aiter the due date of ihe Note or ~ _ ~ any other rotes secu~ed by th~s Mortyage. Th~s Mortgage is gwen fo~ the spec~f~c purpoze o~ vecur~ng any and a11 ~ndebtedness by the ~ _ p,~ Maker to MOrtgagee (but ~n no event shall the secured ~ndebtedness exceed at any hme the maz~mum pr mc~pal amount set forth m th~i ~ paragraphi ~n wharever manner th~s irxlebteclness may be ev~denced o~ rep:esented, unt~f th~s blortq:?qe ~s sausf~ecl of iecord. Ati cove- - u nants and aar~ments contamed ~n th~s h7ortg~ sha~l be a~t~cable to alt further advances macfe bY Mo'i4ay?e to F1akr.r under th~s ~ G+ future xfvance ctause ~ Should any o~ thP .ibove covenants t~e broken then the Note and atl moneys secu~al ne~eby shall, without dema~cl. ~f ihe hlortgagee, so e~ect, at on~e become due a~cf payab~e and th~s mortgage may be foredosed, ar,d aH costs a~d expenzes oi colieci~or. arnl ~easonabie atto~neys' fees, ~~ciud~nq cosis, r,epenses ancf reasonab~e attorneys' fees on appea~, ;f co~iected hy Iega'• proceed~nys or thrOUgh 3(tOrn2y dt ~aw, shatl b~ pa~d by the hlakrr, ~rxt the same are hereby secu~ecl_ . ~ _ J d ~.~J IN WITNESS WHEREOF, shr. Mo~rgaqor has ~'.R!~CUICII TF11S ~OfSI~(~C AS O~ I~1P. date i~rsr ali~ve seT to~rh. ~ S;yned. Seeled ~nc1 de~~vrred - m ou. p~esence G ~ _ ~ • ~SEAII ~ IMo~tya~ ~1 s" ~ ~ ~ (C s C~ ~'~Z'<r""s! _ ISEAL! - ~C C ~ i'L ~ ~ _ - 411nrtgayori # STATEOF FLORIDA ~ i ~ COUNTY rJF ST. LUCIE ~ ~ . ~ ~ _ ~ ~ 1 HEREBY CERTIFY, that o~ ch~~ dav, be~o~~ me, an otf~lgl4,AUt~'AO~hinpr~cf .n tne Stat~r a(or~saai a~u1 ~n the Co~nt~ aforesa~d i~~ FD :a~e ack~ow~zdgments, oe~sona~lv apUea~cd -~b C• ~~ris G~Qen~ ,o m~ kno•rm to be the pe~son descnbecl . t. . ~n and who executecf the foreno~n9 ~nsTrument arxf the 1~• ~`a2knovyle~qed before me that they _ executed tne same. ' ` ~ WITNESS my hand an~i off~c~ai seat ~n Tne Cou~ty and a!e 1,~ .sad th~s : t _ day o! ___Au~:uSt . ~ A D., tg ~ ~ C-( . ~ • -C.c~~-C~ Newcr,~' ti~K ~ ~ _ - - ~ O ~ F1?~/~ P.1y Com{niss~on Exp~re~: _ . - . , . . ~~r 6~OK PAGf F,~' ' , ~ ~ so~ a-ooo-~ ae,?. sin . . ~ ~ . _~z f . o..~, _ - - - - - - - - - - ~ ; P ~ _ : ~ ~ ~ ~r~:*~; _ ~ ~ ~ 3~ ~ ~ = - ~ . ~ . _ - _ _