HomeMy WebLinkAbout0776 ~iRECT HOME IMPROVEMENT MORTGAGE 'e~~~O~ ~ /
~viTH FUTURE AOVANCE
THIS MORTGAGE. macle th~s _ ~th cfa ot ~~eT - - - . A D , 1g 78 - - , beiwee~ .
Diana E. Enck, j oined by
h-
us~-
-and, Will iam~~nck--------- ~h,~, ~y~~o~ ~
Sun
B~kan
-~-~t. Zucie~.oun~y---
- - IMo~igagee?:
~NameO~ Sun Bank! , ~
WITNESSETH, thai Mo~tgayor., tor a~xf ~n cO~i~de~auon ol the prcmnes a~ct ~n o~de~ to srcure the W~v~»ent of ihe pnnupal ancl
~y,;y~,_ ___u.~ y_'_ ' '
~~~ic~Ca~ vn i~~o ~~v~c ia> :~c.v.~~u;io~ ..a. . • ......:~C.. ~ ~ _ u.. ~ ~ .~c currPSSO~S dfld
ass~gns forever, ~he fouow~ng dezcr~ed reai proprrty ~n __~t L11Cle _ Cou~~iY, Flor~d~, ~o w~t:
T':s Abrth 54~! . 5 feet ~f the S~uth G46 f~t ~f che we~t
400 feet of the East 430 feet of the Southeast quarter of
the Northwest quarter of Section 2, Township 36 South,
~ Range 39 East, St. Lucie County, Florida.
~
~ This is a second Mortgaqe, `__r, ;_:~~CO~•C'E~
i t';"~ `t.
. . .
~ ~ M PoY~nt Ot?ws ~ ~+~~~~~1
~ .'~l ..r-i ~ . 1~
pn C{sss "C•• ~nte~~le Pe~sor?sIProM~'h?• ;t ~ ~ ~ :
~so. aas O~ te7t. c~ ~
~ Pursuant To ChaPtef 71. . - ,
ROGER P01TRA5 ~CQ ~ -
~ ~ tn ! ~ fl~. ' . . ~ ;
~ ~ ou~. St. Luue. 1
. - ~ - ~ G{~ck Citcuil C ~
i : N -
~1~ t ll
( (here~~after reter.ed to as the Mortgaged Propertyl: and the Mortgagor dces hereby fu~ly warranY the trtle to the Mongageci Property
•"•'i~ 4• and w~il detend ihe same aga~nst the tawful clauns of all persons whomsoever.
.-,n. ; .
i~ . _
w; 7 7; am .7 and Diana E. Enck
PROVIDED AIWAYS, that ~f . , the Makerls) o( that
; ~ (Insert Namelsll
- their
~~u+ certain prom~ssory note dated the date hereof (the Note), heus, 1ega1 representahves or ass~gns shall pay to Mortgagee
~ w
it~a?.,Zi the prmcipal sum of S 8~071' 29 as ev~denced by Me Note, w~th mterest and upon the terms as prov~ded there~~, the ~~~a~
Z~' ~ November 26
~~--~++~y maturity date of the Note and ot this Mortgage be~ng , 19 88 , wh~ch Note prov~des that
all Installments of prinupa~ a~d mterest are payable at the oft~ce of Mortgagee, or at wch other ptxe as the holde~ may des~gnate ~n ~
vvriting, and that ~ch maker and endorser agree to pay all cosis of collect~on, includ~ng a reasonable attorney's tee, upon default in the :
a c payment of the Note, and that if default be made ~n the payment of any installment ~hereunder and that ~1 wch deiault n not made -
~ n~'l~ L ~l~~~j m accordance w~th the te.ms ot the Note, that the enure prmc~pal wm and accrued, earned ~merest shall become due aod payable
w~t~hout not~ce at the opuon of the holder the~eof; and shall periorm and comply w~th each and every st~pulatan, agreemenc and cov-
- 6 Q enant of the Note and oi this Mortgage, then thn Mortgage and the estate hereby created shall be vod, o*.herwise the same shafl rema~n
~n full force. Maker covenants to pay the ~nterest and pr~nc~pal promptly when due. Mortgagor covenants to pay the taxes and assess-
_•,y r ~~j~~~ menis on sad property; to carry insurance agamsi (ue on ihe bu~ld~ng on sa~d land for ~ot less fhan S a , approved
.:~uMIY by the Mortgagee, w~th standard mortgagP loss clause payabfe to Mortgagee, the pol~cy to be held by the Mortgagee and to keep the g
bu~kling on sa~d la~d in prpper repair.
f Th~s Mortgage shall secure not only ex~sting indebtedness, but also wch future advances, whether wch advances are obigatory or ~
~ to be made at the opt~on of Mortgagee, or otherw~se, as are made w~thm twenty 1201 years trom the date hereof, to the same extent as
T ~t wch fu[ure advances were made on the date ot the execution oi this Mortgage, but wch secured indebtedness sha1l ~ot exceed at any
` . ume the max~mum pnncipal arnount of $ ~a plus interest, and any disbursements made tor the payme~t
~ oi taxes, lewes, or inwrance, on the Mortgaged Property, with interest on such disbursements. A~y wch future advances, whether
~ oblgatory or to be made at the opt~on ot the Mortgagee, or otherw~se, may be made e~ther prior to or after the due date oi the Note or
~ ~ any other notes secured by thK Mortgage. Th~s Mortgage ~s grven for the spec~fic purpose of secunng any a~d all.~ndebtedneu by the
,.i ~ Maker to Mortgagee (but m no event shall the secured indebtedness exceed at any t~me the maximum pn~upal amount set forth in th~s
= U ! paragraph) m whatever ma~ner thK indebted~ess may. be evidenced or represented, u~[~1 this Mortgage ~s sausf~ed ot record_ All cove- '
i nants and agreements conta~ned m th~s Mortgage shall tse appt~cable to all further advaoces made by Mortgagee to Maker under tha ~
? ~ ; future advance clause. • - ~
~ i
z N' ~ Should any of the above covenants be broken then the Note and all mo~eys secured hereby shall, w~thout dema~d; d the ;
z 7 Mortgagee, so elect, at once become due and payable and thK mortgage may be ~oreclosed, a~d all costs and expenses of coltect~on and '
i
^ ~ reasonable attorneyi fees, ~nclud~n9 costs, expenses and reasonable attorrseys" fees on appeal, ~t collected by legal proceed~ngs or Y
'T j~" ~ [hrough an attorney at law, shalt be paid by the Maker, and the same are hereby secured_ ~
~
Z~ tN WIT SS WHEHEOF, the Mortgagor has execufed th~s Mortgage as of the datei~rst above set forth.
i Sgn se ed nd d rver
~n O r p se e: ^
~ ~ ISEAL) '
1 1 . ~M ~
~ ~ v ~ ISEAI) ~
• ortgagOr) ~
• STATE OF F~~~ 1 ' ~
ST LUCIE ~
. COUNTY OF 1 , -
I HEREBY CERTIFY, that on th~s day, befar'~1e; ~art•o[fiter duly authonzed m the State aforesa~d and m the County aforesa~d
to take acknowledgments, personall wilixmm, ~r ~ST18 E. FT1C~C
Y aPPPa o-- t t•~ - to mr kn tvrn t~o be the person descnbed ~
m a~d who executed the (orego~ng ~nstrument and T k wledged be(are me that h executed the same. ;
WITNESS my hand and oft~c~al seal Jn the Ca+nty and $~'t! t da ot~CC~CY' ,
A.O., 197$_. ~ ~.4~~:t:1~ -r _ Y
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. tary Pub~ic ~j. ti, r~ 7,c ~n++ c~uec~
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; Y Comm~sswn Exp~res: .v • ;r., • ti. ~ LP ItFt ~tt 2s ~v81
(1 y ~ V V P~(,iE ~ / ~ ' ' ~ • : : ' - i:,ria t ~ : >~t:. ' ~~tf RAt I rb . INDEtMR!'IBS .
4 5014-000-7 Rev.8/77 B~~R f.~,.~~.•,.,.
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