HomeMy WebLinkAbout0304 t H FUTURE AOVANCE I~~Vn ~ Vr~VL '~„LV ~ Vv ` ~ r
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- TN?S MORTGAGE, n,.iue !h:~ __8th--- - ;t~~' o{ _.SePtember_---- , A D. 19 78 hi~~~~rrn
Carol A. Talamine n/k/a Carol A. Abernethy „K,
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~ c,'~, p - . _ ~nz~, ,,„t~~
-?73~1_J.7~~11-_a~.~~ _Itu~.le --~QUntt - - - - - - . i\loi ty.~9~•rl.
lN~me ot $un Bank ~
WITNESSETH, ~ha~ Rlorty3yor, fo~ aiui m cons~Ur~yt~~n ol the p~rm~ses end ~n o~de~ tu sc•cu~e tl~r p~yment of thepr,nc~~~~t:~~K1
mteres! on the note las Reremafter clrf~nrefl, hlo~ryayo~ ~~e•~eliy yranes, ass~yns ~+ansfe~s .i~~d mo~tyegaS in ~,1o~~yay<~~~, r.s suci~~SSptS JIK~
ass~gns forever, the folto~v~nq descr~nf real prope•rtv ,r~ St. j'uCle County, FiorKia. to wrt:
. Lot 7 Block 2 orange Blossom Estates, lst addition as per
plat thereof on file in Plat Book 11, page 38 of the
public records of St. Lucie County.
R~alwd ~ in Phnn~nt 01 T~ .
Dw On Clsss "C" 1~ ibN p~M~ pr~~
/ pww,rnt To Cha~pw 71. 134. Actt OI 1~71~
~7 THIS IS A SECOND MORTGAGE ROQER POITRAS .l!
1~ - C~ak Ct~i~ SL LucN. Co.,
` ,=;:~'j",; _t- - - - _ ; : } tIlEO ANO REGORGEU
> T s ST. WCIE C4UMTY Fta
~ , . . ; ~ :Y.' , RCCF9 ~01'R~S
• _ , , - . , i ~ _ _ ! J. . } ~ _ ~ K :U!T C^
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- - - - - _ . St-= 11 9 as AH'T~
416'76S
(hereuiafter refe~red to as the Mortgaged Propertyl; a~xf the Mort9agor does hereby fuity wa~~an: :he [~tle ~o the Mo~tg,~grct P~ope~ty
ancl wul detend the same aya~nst the I~rvfut claims of aU perspns.vhomsoever
PROVIDED ALWAYS, that ,r Carol A. Talamine n/k/a Carol A. Aber~~
a r(sl o} that
" jlnsert Namels)1
ce~ta~n prom~ssory note dated the date hereof (the Notel, her he~rs, Iegaf ~eA~fsemahves o~ au~yns sh:,l1 pay ~o Alorcy~,gee
the pnnc~pal sum of $ 11 I YJ6 .76 _ as ev~dencecf by the Note, wrth interest and upon the terms as prowdecf tfierem, the final
matur~t date ot the Note and of th~s Mort ~ September 16 88
v gage be~n , 19 _ , wh;ch Note p~ov~des that
ail mstallments ot prmcipal and ~nterest are payable at the othce ot Mortgayee, or at such other place as the holder may des~gnate m
wr ~Ung, and that each maker and endor~¢r agree to pay all costs ot collection, ,ncludmg a reasonable attorney's tee, upon defautr ~n the
payment of ihe Note, and that ~f default be made irt the payment oi any instaliment theraunder and that ~f such detault ~s not macie
, good in accordance w~th the terms of the Note, that the ent~re pnnupal wm a~d accrued, earned mte~rst sha11 become due anci payable
without noUCe at the opUOn of the holder thereof, and zhall perform arxi comply wrth each and every st~putat+on, ;,yreement and cov-
` enant of the Note and of th~s Nlort e, then rh~s Mort
9ag gage arxf the estate hereby created shall be vo~d, other~v~se the same shall remaui
~n tull for~e. Maker covenants to pay the ~nterest arxl pnn~~pal promptty when due. Mortgayor covenants [o pay the ta•es ancl assess
_ men[s on said property; to carry ~nsurance aga~~st tue on the bu~ldmg on sa+d tarxi for not ~ess than S ri~a apprOVed
' ~ by the.Mortgagee, w~[h starxiard mptgage Ioss clause payabte to Mo~tgagee, ~he pol~cy to be hetd t~y rhe Mo~tgagrv and to keep the
' truAd,ng o~ sa~d la.~d m proper repar.
`
Th~s Mortgage shall secure not only ex~stmg mdebtedness, but aiso wch future advances, whether wch ~tvances a~e oi~~:garory or
_ ro be mac}e at the op[~on of Mortgagee, or othe~w~se, as are made w~th~n twenty i20) years from tne date hereot, to the same extent as
- wch future adva~ces were made on the date of the execuhon of th~s Mortgage, but such secwed mdebteclness shalf not excc~ead at any
t~me the max~m~m rmCi 1 arr~0uni Of n/a
P pe U~us mterest, arxl any disbwsements macle tor ihe payment
~ " of taxes, iev~es, or ~nsurance, on the Mortgaged Prope~ty, w~th ~ncerpst on such disbursemenis. Qny Such iuture advances, whe:her
- > obl~gatory or to be made at the opt~on of the t1Ao~tgagPe, or othenv~se, may be made e~~her pnor to or after the due date of the Notd or
_ any othe~ ~otes sewred by th~s Mortgage. Th~s i~llortgage ~s g~ven Eor the spec~t~c pu~pose ol secu~~ng any and aIl ~ndebtednesz by the
' Mazer to Mortgagee (but in no event shatl the secured mdebtedness exceed at a~y tirne the max~mum prinupal amount set forth m th~s
{ Varagraph) ,n whateve~ manner th~s ~nd?btedness may be ev~denced or represented, unt~1 th~s Mortga9e ~s sa?~si+ed o~ record. AU cove-
~'~1
nants and agr~ments contamed ~n th~s f.iortgage shai! be appl~cabie to all furthe+ acivances made by A'lortg,,g~ to Maker under th~s
, future advance clause.
. ~ ,
Should any of ~h~ above covenantz be broken then the Note and a!1 moneyz secured herevy shall, w,thoui demar~d, ~f fhe
hlortgayee, so elect, at once become dur anri payat~le and th~s mor~gage mo~ be fa,ecsosed, and al! costs and exnenses of co~Iect~on and
, ~~r~;,;
_ reason~le atto•neys' fees, ~nNud~ng costs, expenses and r•~eSOnable attorneys' fees on appeol, ~f co~iett~d t;y 'r~qal procerrlmps or
= threugh a~ attorney at lauv, shatl be pa~d by the Maker, and the same are hereby securrci.
~
IN WITNESS WHEREOF, the Mortga9or has execu~crt th~s hlortgage as o( the date fust aUove ser forth
_ " 'K'
~ S~gned, sealect and de~~vereci
~n pLr presence~ ~L
~ 1 f ' t ~ :
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~i f~~~ Ihiort:~aqp,~
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- - - - - - - - - - - { SE A U
/ t11~x;ya:;G,f
STATE OF Florid 1
St. Lucie '
COUNTY OF 1 ' •
I HEREBY CERTIFY, that o~ tn~s day. befo~ me, a oif cer d ~y uthor~red m the ~a e aforesauf and ~n st~e County aforesa~d
~aro~ ~'a~amine n/~Cf a
to takp acknowtedgments, peripMl~~~pa~ed ~ to me known to t~e the pe~son descr~bed
p L'"' ` that
m and who execu2ed the fp12g1r~~nstrunSeqt~@ncl - acknoy~edgecl betore me that She executed the same.
WITN my hand.~ufd pfl~~~~ ~n thetounty and State ia aforesa+d th~s 8th dav o! tember
A D., /9 . ~ t~ ; - ' ~ . " • '
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