HomeMy WebLinkAbout0645 i irtEC~ HOME IMPROVEMENT MVK 1 C,A(,t
~ f N FUTURE ADVANCE
4;~408
THIS MORTGAGE, m;~1e ~h~~ 15th o~ __Novem,~er _ _ , a o.. , between'
E~~ _ Dabiel J. Luke and Mary B. Luke, his wife uno~~~,.,~,o~?
Sun Bank of St. Lucie Couaty----~__---------- ~n~o~~~er?: ~
~ Name ol Sun Bank ~
WITNESSETH, that MortgayOr, lo~ a~d ~n tonside~at~on of the prem~ses and ~n orde~ to secu~e the payment ot the p~~nupal and
~nterest on the note las ~ere~naher det~~edl, Mor~yayo~ he~eby g~ants, ass~gns transfers anci mortyayes to A'lor~yagee, qS SUCCMSO~S d(i(1
St. Lucie
ass~gns torever, the touow~n9 descr~ed real propcYty ~n C.ounty, FlorKla, to w~t:
Lot 7, Block 9. LAKEWOOD PARK, UNIT ONB, according the Plat thereof,
as recorded in Plat Book 10, at pages 51 and 51A through S1C, of~the
( Public Records of St. LuCie Countq, Flvrida. :
7 SUBJECT T0:
~ 1. Restrictiona reservations, limitationa and easement of record, if any;
~ this reference to said restrictions ahall noC operate to reimpose
the same.
2. Zoning ordinances affecting said property.
THIS IS A SECtRi11Ei~D p~COROEO'' ~d • • 3~~ p~~t aT
_ y:JCir3"~ NTY. F~.a. Due pn Ciss~ a~ ,
. ~ , . ~ • , ~ : `i _ ~ 1? _ ~ pV~~aM Tp C~~~~III P~t~y~ ~pp«~~
~ ! ~F+`~~QS RO~iER Pp~T~~ Of 1S71.
s~ ; Ck?k Chcuk Court, S~,
'78 1~OV 20 AM l~ ~ 51 co.
~A.,
rt~ ~
~ ' ' _ ~ ,
!i _ (here~natte~ refe~~ed to as tF~¢~~g~g~d.~O~atY1: ~~1',~Iie Mortgagor does hereby fulty wana~t the t~tie to the hiortg~geci Property
's" • i and w~il detend the same aga~~i tne ~awfiui cla~ms ot all perspns whomsoever.
- 3 PROVIDED ALWAYS, that ~i Daniel J. Luke. and Mary E. 1,U~, his wlfe tne ertake.(s1 ot inat ;
_ i (Insert tvan~els}) ~
~ certd~R prom~ssory note datecf the date hereot fthe Note?, the~: _ ne„s, ~ega~ representatrves or ass~gns shall pay to Mortgagee
2 ~70 42 `
~ the pr~ncipa~ sum ot $ ~ • as rv~denced by :he [~a:a, :~~th enterest arxf upon ~he serms as prov:ded the,em, the i~nal =
~ matunty dnte of the Note arxf of th~s Mortgage bemg ~vember 15 ~g 83 , wn~ch Note prov~des that i
i all ~nztailments oi pr,nc~pal and ~nterest are payable at the oft~ce ot Mortgagee, or at wc~ other pi~e as the Aolder may designate m
~ ' wnU~g, and that each maker erxi enclorser agree to pay all costs of coltecUOn, ~~lud~ng a reasonable attorney's tee, upon defau(t m the
payment of the Note, and tAat d default be made ~n the payment af any ,nstaliment thereunder and that ~1 wch default ~s not made
_ good m accordance w~th the terms of the Note, that the entue pr ~nc~pa~ wm and accrued, eamed ~nterest shall become c!ue and payable
wrthout nohce at lhe option ot the hokfer the~eot: and sha!I perform and comply wrth each and every shpulatan, agrc~ment ancf cov-
enant ot the fMote and of th~s Mortgage, then th~s Mortga+3e ancf the estate hereby createti shai~ be vo~d, otherw~se the same shail remam
• ' ~n tull toree. Maker covenants to pay the mterost ~~d prmcipai F~romptly when due. Mortgayor covenants to pay the taxes and assess-
ments o~ sa~d prope+ty. to carry ~nsurance ag:+mst fue on the bu~idmg on sa~d tand for not less than S~ . approved -
by ~he Mortgagee, w+th stancia~d matgage losc clause payabte to Mo~tgagee, the poi~cy to oe hekl by the Mortgagee and to keep the
bu~td~ng On Sd~d Idnd in proper rep~n. . .
Th~s hiortgage Shall secure not only ex~sung mdebt~tness, but a1SO such fuwre advances, whether such advances a,e obl~gatory or
to be made at the opt~on ol Morigagee, o~ other~v~se, as are macie w~th~n twrnty (20) years trom the d-ate hzrrol, to the same extent as '
G`~,, ~f wch f~w~e advances were made on the date o1 the execut~o~~ oi th~s Mo~tgage, but such secured ~n~febteciness shaH not exceecf at any
- ~ t~me ~he max~mum pnn~~pal arnount of S__ n/a plus mterest, and any d~sbursements macie for the payment ;
v of taxes, lenes, or msurance, on the Mortgaged Property, w~th mterest on wch d~sbur~menls. Any wch tuture advances, Hhether ~
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t~ obl.gatory or to be made at the optron ot the Mortgagee, or othe~w~se, may be made c~ther pr~or topr atter the due date of the Note or
~ any other notes 5¢[ured by th~s Moitgage. Th~S MOr[gBge ~s grven for ~he speuf~c purposr of secunng any ancf all ~ncfebteciness by the
- i~ . Maker to Mortgagee fbut m no event sha11 the secured ~ndebtedness exceet! at any ume tbe max~mum pnnc~pal amOunt set torth ~n th~s
_ ~ paragraph) m whatever manne~ th~s mdebteclness may be ev~dencecf or represented, unhl th~s Mortyage ~s s~t:sf,ed of +ecord. All cove-
a,! nants ar!d agreements conta~ned ~n th~s hlortgaqe shalt be appl~cable to all furthe~ arfvances macle by Mortgayee to Maker under th~s
~ futu~e advance Nause.
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Shou~d any oi the .~bove covenants be b~oken then the Note and ail moneys secur~xl herebv sha11, w~thout demarxl, ~f the
- ~ .
O }S Alorigayee, so etect, at once become due and payable and th,s matgage may be (oreclosecf, and all cosis and expensez of collect~on and
o rea;onabie atto~neys' fees, ~nclud~ng casts, expenses arxl reasonable attomeys' ~ees on appeat, ~1 collected by legal procerdmys or
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= ~ through an at:or ney at taw, ihall be pa~d bv thv Maker, a~x1 the same are hereby secured.
. . -
~ 0
IN WITNESS WHEREOF, ihe A1ort4ag0+ has rx?cutcrf this Mortgaye as nt the date t~rst above iet fo.th.
~ :f~ Cy
S~qned. v~alecl ;;n~i de~~vPreci
~n our s c ~ 4
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- ~ ~C ISEAI)
( or or
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~f fSEAI! ;
IMor ga9ori
STATE OF Florida 1 ~
.-•F' _
COUNTVOF $t. Lucie f ~-r~•
I HEREBY CERTIFV, cnat o~ sn~s day, befo•o me. en ofLcer du~y au:nonreA m the State aforezad ahd,~ the Cdv~
y afar:
aiq ~
70 ~ake ackno+.v~edgments, persona~i~ aPpea«d D~~el J. Luke and Mary E. I~1~P~ ~~ow~ a0 be the~t~cson C(~tn~~ct.
~n ~nd ~~ho execu2ed ehe `oreqp~ny ~nstrument and t~le,V ackno•r+tedged beforr. me ~hat ~yeaecuted ~he iafirie:'
WITNESS rny hand a~d o}f,c~a~ sea~ ~r cne Coun~y and StacN iast ato~esa~d tn,s _ 15th ~~aY ~ ~OV@~~I yY.• #
A D . , 13 __J~. . ~ ~ . . - -
- Nota~v Puio~~c
~ . 41y Comm~ss~on ExP~•es NOTARI/ V$L~' c'+if !X i1nQ'OA AT IARGf ~
S3G1( Q~(~ Mr Cn:.vN~;Sl~v E~?IRfS M~Y . 26 19n1
: 6014-000-7 Rev. 8/77 tONOfD tMRU (,iNE;4~ ~M J~ypER„yR7dfRSr
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