HomeMy WebLinkAbout1115 oIRECT HOME IMPROVEMENT MUK 1(.iA(.it 43~~
WITH FUTURE ADVANCE
THIS MORTGAGE. made thrs 4th _ day of .IanuBY~___________ A.O., 19 79- .between'
• ~~i~~~~g~ his ~aife__ IM°rtyagor? and
Sun Bsnk of St , ucie County _ IMortgageel;
lName of Sun Bank)
WITNESSETH, that Mortgagor, for and rn consrderauon of the premises and rn order to secure the payment of the pnncrpal and
interest on the note las harernalter delrnedl, Mortgagor hereby grants, assrgns transfers and mortgages to Mortgagee, ris successors and
assrgns forever, the tollowrng described real property in St Lucie COl1nt3L Coumy, Ftorda, to wet:
Lot 33, Block 77, INDIAN RIVER ESTATES, UNIT 9, as recorded in
Plat Book 10, page 74, public records of St. Lucie County,
Florida.
STl~,TE `,F FL_~~~J~'~ ~
JOCUMEN'ARY,. S_ILMP Tl,~..~
_ _ ~ AILED AND RECORDED'
! t'CiE ~~UNTY. FLA.:
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5' -YQ~ In Payment 01 Taxes
~ ible Personal Propsrtll. ~ . 0
ow o~ cam ~ 1 f'9 79 JAN I I AM I I • S
Pfxrus~t To Chapter 71.134• Mks Ot 1971 d.+
ROGER pORRAS ~'~/,J t J, i -
park Circu+t Court. St. Lucie. Co•• ~ ~ ~ Ft K . C ! R C u C ~
t
Iherernafter referred to as the Mortgaged ProPertyl: and the Mortgagor does hereby fully warrant the true to the Mortgaged Property
and wrrl defend the same against the lawful claims of ail persons whomsoever.
PROVIDED ALWAYS, that rf Wi 17 { Am R rl i ni ~ p I{ellAQ~ .the Makerlsi of that
ilnsert Namelsll
certain promissory note/.dated the date hereof (the Note) rhPi Y hems, legal representaUVes or assrgns shaft pay to Mortgagee
the prrncrpai sum of S 'Z-.OH9 . 97 as evidenced by the Note, with rnterest aruf upon the tQer~ms as provided therein, the final
maturity date of the Note and of this Mortgage being TAt1tl~ 1 7 , 19 i~-7-- , which Note provides that ,
ail rnstaliments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in '
wrrtrng, and that each maker arxi endorser agree to pay all costs of collection, including a reasonable attorney's lee, upon default in the
payment of the Note, and that it default be made in the payment of any installment thereunder and that if wch default is not made
good in accordance with the terms of the Note, that the entire prrncrpal s+~m and accrued, earned roterest shall become due and payable
wrthout notice at the option of the holder thereof; and shall perform and comply w:th each anti every stipulation, agreement and cov
event of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwrse the same shall rerrtain
in full force. Maker covenants to pay the rnterest and Rrincipal promptly when due. Mortgagor covenants to pay the taxes and assess-
. events on Bard property; to carry insurance agarnst f,re on the building on saut land for not less than S ~ ~ A ,approved
by the Mortgagee, with startdard mortgage lose clause payable to Mortgagee, the p°Ircy to be hekl by the Mortgagee and to keep the
~ budding on card land in proper repart.
i
This Mortgage shall secure not only exrsung indebtedness, but also wch future advances, whether wch advances are obligatory or
to be made at the optron of Mortgagee, or otherwrse, as are made wrthrn twenty 1201 years from the date hereof, to the same extent as
1 rf wch future advances were made on the date of the ezecutron of this Mortgage, but such secured indebtedness shall not exceed at any
t 1~~
_ trine the maxrmum pnnupal amount of S -~i7-IA plus rnterest, aril any disbursements made for the payment t
~ - ~ of taxes, tevres, or insurance, on the Mortgaged Property, with rnterest on wch disbursements. Any wch future advances, whether
2 obligatory or to be made at the"optron of the Mortgagee, or otherwrse, may be made either prior to or after the due date of the Note or
y: any other notes secured by this Mortgage. Thrs Mortgage rs given for the specrtrc purpose of securing any and all indebtedness by the ;
Maker to Mortgagee (but rn no event shall the secured indebtedness exceed at any tune the maxrmum principal amount set forth in this 1
r
- paragraph) rn whatever manner this indebtedness may t>e evidenced or represented, until this Mortgage a sausfred of record- All cove- ;
Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
,-I' " future advance clause.
Should any of the above covenants be broken then the Note and all moneys secured hereby shall, wrthout demand, it the
]Lr, Mortgagee, so elect, at once become due and payable and ihrs mortgage may be foreclosed, and all costs and expenses of colledron and
_ \ +easonabie atto+neys' fees, mcludrng costs, expenses ancf reasonable attorneys- fees on appeal, ri collected by legal proceedings or
•••"',,,NNNtiiij...,..pp,,y...~rrr through an alto+ney at law, shall be paid by the Maker, and the same are hereby securaf.
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J IN WITNESS WHEREOF, the Mortgagor has exeeuttd this Mortgage as of the date last above set forth. ,
i
~ _ sr9ned, sealed and delivered WillialA R Kello g ~
~ .n our esence:
_ fZV V~ - ISEAI_)
~ ~ ~ rtg ,
? ISEALI
_ o i s P . Ke'~~~~°g
STATE OF Florida
t COUNTYOFSt. Lucie I
rx I HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the State atoresad arxl m the County aforesaid
g y ppeared Ir11-- m R- .&.:L~ to me known to be the person described
to take acknowied merits, pers°nall a ~ ~ ~ A
1~
- m and who executed the foreyo,nq mstrumenl end rhp~ =.--=..~pknowled before me that executed the same.
+ C • , . , ~
WITff~~~F,,,,~~$ my hand and Offrc,al Seal rn the Couniy and Slate last af°resard•IhrS clay of ,
A.O., t9LY-. ~.~1r1~~'
~
,Notar Pt','~~t, f.; KT ~K STAA d g10tIW? AT t/1d
O R ,~_~~..=1~syl4sari~xp,res. rtf CoMfrr?ISSiOIi EX/IRK OK 3 1962
goox 301 PacE~11Q ~ ~ . t~~~
a 6014-OOa7 Rev. 8/77 , ~ E •
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