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Home My WebLink About0372 s uiRECT NOME IMPROVEMENT MpRTGAGE ~ / tviTH FUTUfiE AOVANCE Y _ c~v u8~------------ . a o , ~9 78 _ , ne~:~zY~, THiS MORTGAIiE. m~~e ~h~s -ALI~ ~ __^EWerard S._ Bedell and 1Catherine S. BedellL his vife~ _ _ _ _ _ _ _ ~a,,~„~,~,~ Bank of St. Lucie._ County_ iti~~,?~~.•~~. j Piame o1 Sun 8ank! WITNESSETH, tnat Mortga9or, lor a~x1 ~n co~s~deiat~on oi ihe prem~sds and ~n o~der t0 secuir the paym¢nt o~ th¢ pruicqul anc) ~nterest o~ the no~e las ~ere~na}ter dehnedl, hlo~tgayo~ he~t~y g~aMS, ass~gns t~anslers anA mortyagrs hioi~yagc•r, ~ts successrns a~xf ass~gns forever, ~Ae foliorrng descr~ed ~eal proprrty ~n S~ L11C~e Cou~,tY. FimK1a, to w~t: Lot 8 and North 35.5Pia~t~ok StatOpa8e~44 of~thePublic Reicords$ofeStplat thereof recorded in Lucie County, Florida p (This is a Second Mortgage) .`1 p!u ~i1°d ~ " ~ ~ In Paynwnt Of T~oN f1~EO CO~~~~ F L A. ~us On Clsss "C' Intsn~iMs Prnon~l Prop~rt11. ~ iT. ~IlQ ~~~ta~S pw~~r~! Tq Chapter 71. 134. A~tf Of 1971. ~ ClE ~tice CGIR~ ~ I~uiace~ ~i7'~++i+j . • t~ - CI~r1~ Grcuit CouR. SL LuCi~. Ca. H~. 11r 4 ci9 PN'~~ A ~ 415r003 ~ ~ _ (here~natter reterred to as the Mortgaged Vropertyl: and the Mortgagor does hereby.(ully warrant the t~Uc to ~he Mortgagt.~d Property i end wiil de(end the same agamst the Iawful cla~ms ot aN persons whomsoever. ~ , PROVIDED ALWAYS, tnat ~r Everard S. Bedell and Katherine S. Bedell , ihe Maker~s) ot that (Insert Namelsl} ` their heus, I representat~ves or ass~ ns shall certa~n prom~ssory note dated the date hereoi (the Nocei, ~e9a S pay to Mortgagee the pnnc~pa~ sum of S 9568. 22 as ewde~ced by the Note, wuh mterest and upon the terms as prov~ded there~n, the final maturity date ol the Note and of this Mortgage be~ng A11~11St 26 , 19 88 , wh~ch Note prov~des [hat all ~nstalime~ts o~ pnncepal and ~nterest are payabte at the otf~ce ot Mortgayee, or at wcA other place as the ho~der may des~gnate ~n wr~tirtg, and that each maker and endorser agree to pay all costs of collection, mclud~ng a reasonabte attorney's fee, upon default m the - payment of the Note, and that if detault tse made m the payment of any mstaliment therrunder a~d that ~f wch defauh n not made ' ~ood accordance wlth [he terms of the Note, that the entire pr~nc~paf wm and accrued, earned ~nterest shall become due and payable ~ ~ w~~hout notKe at the opt~on oi the hofder thereof; and shal6 pertorm arxi comply wrth each and every sUpulatan, agreement and cor Ij ~ enant of the Note and o( th~s Mortgage, then th~s t~Aortgage and the estate hereby c~eated shail be vo~d, etherw~se the same sha~l rema~n i ' m full torce. Maker covenants to pay ihe ~merest and pnnapal promptty whe~ due. Mortga9or covenants to pay the taxes and assess- I ments or. sa~d property: to tarry msurance aya~nst Hre on the bu~ld~ng on sa~d land for not iess than 5 IIa , approved ~ by the Mortgagee, w~th standard mort9age loss clause payable to Mortgagee, the polw~y to be heid by the Mortgagee and to keep the ~ . bu~ld~~ on sa~d land ~n prpper repair. i E . . Th~s Mortgage shall zecure not only ex~stin9 ~ndebiedness, but also wch future advances, whe~her wch advances are obl~gatory or F to be made at the option of Mortgagee, or otherwise, as are made w~thin twenty (20) years from the date hereof, to the same extent as ~ wch future advances were made on the date ot the execut~on of th~s Mortgage, but such secured ~ndebteclness shali not exceed at any R. ~ t~me the maximum pnnc~pai arrount ot S na plus mterest, and any d~sbursements made tor the payment J gagtd per y, w~th ~nterest On wch disbursements. An ~ ~ ~ of taxes, lewes, or ~nwrance, on the Mort Pro t y wch future advancez, whether U ob~gatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~iher pr~or to or after the due date of ihe Note or f"' any other notes secu~ed by th~s Mortgage. Th~s Mortgage ~s g~ven tor the spec~(~c purpose of secunng any and all ~ndebtednrss by the - •,-yi Make. to Mortgagee (but ~n no event shall the secured ~ndebtedness exceed at any t~me the maz~mum prmc~pal amount set forth ~n th~s paragraph) ~n whatever manne. th~s ~rxiebtedness may be ev~denced or represented, untN th~s Mortgage ~s saUSt~ed of record. A11 cove- - nants and agreements conta~ned ~n th~s Mortgage sha~i be app~~cable to all further advances made by Mortgagee to Maker under th~s future advance clause. i ~ a.l ~ ~ S?wuld any oi the above covenants be broken then the Note and a~l moneys secu~ed hereby shail, w~thout demand, ~1 the ~ ~ Mortgagee, so elect, at once become due ancl paYable arxl th~s mo~tyage may be toreclosed, and alt Costs and expenses of cO~~ect~on ancf ~ _ ~ X! reasonable attomeys" ~ees, ~nciudmg costs, ezpenses and reasonable attorneys` fCes on appeai, ~t collected by Ir.gai proceecf~ngs or ~ r,' ' through an attorney at law, sha~l be pa~d by ihe Maker, and the same are hereby se . ~ - -1 ~ _ ~ ~ U O' IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage o( the date f~ t above set fo~rh. ti - ~ ~ - ~ Sgned, sealed and delrvered ~ ~ ~n our pr sence: 4 ~ ~ Ci " ISEAL) (Mortgagor) _ _ / . : _Ji~~i~,t~-~ ~ JCl~ ~L ~~/T~ (SEALI - ( Aier tgagor 1 STATE OF Florida ~ ~ ~ ~ COUNTY OF St. Lucie ~ ' a' t~J • ~ . ' . ' 1: ~ • . ~ • ' I HEREBr CERTIFY, that un th~s dav, before m?, an ol(ic~c~buly aut(ib~~i~d ~n the State aforesad and m the Cou~ty aforesa~d ~o take acknowledgments, perspnally appPa~ed Everard Sr' aud_.jCathe~ine 5..~~~~~y~ to be the pe~son deiu~bed ; ~ m and who exewted the (oregomg mitrument araf thg ~ know~ed~ed bs~ore me tAat they executed the same. ' ' ' Au ust ~ WITNESS my hand and off~c~a1 seal ~n ~ne Coun~y and Sfafq b+i a~ ^4 jTys ` ~ dav ot g , ~ A.D.. 19 _T$_ . r: . ~ Noia:r ~c,brK ` f ` 80G! ~9~ F''GF ""Y r.c~:~-~x~~--~--- ` ` -r~ i' ~ ; -S F.~c-,~wwhw~ a G014-00Q7 RN. 8I77 1:' i ~ ji/SW...~ Ii:lN~ ~?.~N.~ i~~I. .~~~.1 `"nm- ~ ~ - _ -~~__"ac~__ ~..~~yr~ -...~.....~~~_i.i~~.~ . ','A' ~ - _ - ~ , ; Y xp _r . _ ` .~.,~Yi ~,€=.,m``'~~,~•~.5-;°o',~~s~.Fr .r .-~s4++-w- = ' A ~,a„ ?a*v~`~. ~~~r?.•z~~ .i