HomeMy WebLinkAbout0270 DiRECT HOME IMPROVEMENT RTGAGE Q~ ' ~j
Y~ITH FUTURE AOVANCE MO ~ • ~5~~
THIS MORTGAGE, made th~s 9~ - d~Y of - '~'A~F . A.O., 19 _--.~9- .~iwee^
Mg1"y E. RpS@I1b@tQ@Y IMo~tgago~) and :
Sun Bank of St. Lucie County ~ ~Mo«~ee~;
- (Name of Sun Bsnk1 ~
WITNESSETH, that Mortgagor, toi and ~n cons~de.at~on of the prem~ses and ~n orde? to secure the PaVment of the pr~nc~pal and
~nterest on the nOt~ (as here~naiter def~nedl, Moityago~ he~eby gra~ts, sss~g~s transiers a~d matgages to Mortgapee, ~ts successors and
ass,9nt forever, the foUOw~ng deur~bed real property ~n St. LUC~@ County, Fbrda, to w~t:
Lot 22, Block 15, RIVBR PARK UNIT 2, a subdivision
according to the plat thereof recorded in plat book 10, .
paqe ?2, Public Records af St. Lucie County. Florida.
(This is a second mortqaqe.) ~
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F=l.ED AND RECORbEO= ~
a ~ ;.'JCtf CCUP~TY. FLA.~ Recdrsd• ' MPNn~nOfT~ ;
Z - r~ c R I F E F D Dus On Class "C" ~ntanp~ p,~,sond ~
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; ~ - r Ihereinafter referred to as the Mortgaged Propertyl; and the Mortgago~ does hereby fully warrant the title to the Mortgaged Property
~ and wiil defend the same aga~nst the lawtul claims of all perso~s whomsoever.
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."'`'L~ T PROVtOED ALWAYS, that it E ~3e~~q~ , the Maker(si of that ~
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~ ~';,.,r! catam promissory note dated the date hereof (the Notel, ~hP ~~rs, legal representatives or assigns shatl pay to Mortgagee ~
j 1 1 1 F; the pnncipa! sum of $ 2~ 237. 80 as ev~denced by the Note, w~ih interest and upon the terms as provided lhere~n, the final 2
~ 0 Ft'bri1d1Y 6. 1984 , 19 . whlch Note prov~des that ;
~ ~ .y . matu~ity date of the Note and of this Mortgage being , :
all mstallments of principal and interest are payable at the office of Mortgagee, or at wch other ptace as the holder may designate in ~
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• I_~ wr~ting, and that each maker and endorser agree to pay all costs ot collection, including a reasonable attorney's fee, upon default m the
J' ` payme~t ot the Note, and that ii default be made in the payment oi any instaltment theraunder an[i that if wch detautt is not made '
~ good in accordance with the terms of the Note, that the e~tire principal wm and accrued, earned interest shall become due and pay~le !
wrthout notice at the optio~ of the ho~der thereof; and shall periorm and complY with each a~d every stiputatan, agreement and cov- j
. enant oi the Note and o( this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherwise the same shall remain ~
in tull torce. Maker covena~ts to pay the interest and principal promptly when due. Mortgagor covenants tNpay the taxes and assess- f
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~ ments on said property; to wrry insurance aga~~st fue on the building on sad land for not less than S . aPP?o~ 3
by the Mortgagee, w~th standard mortgage bss clause paYable to Mortgagee, the poticY to be held by the Mortgagee and to keep the
~ bu+ld~ng on said land i~ proper ~epair_ :
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~ Th~s Mortgage s~all secure not only ex~sting indebtedneu, but also wch future advances, whether wch advances are oblgafory or ;
to be made at the option of Mortgagee, a~ otherw~se, as are made with~n twenty (20) Years irom the date hereot, to the same extent as r
~ ~ ~f wch tuture advances were made on the date of the execut~on of this Mortgage, but such secured indebteaness shall not exceed at any ?
~ ' ~ ume the maximum pnncipa! artiount of $ A plus u?tereit, and any disbursements made for the payment .
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_ ! V ~ of taxes, levies, or ~nsurar?ce, on the Mortgaged Property, with interest on such disbursements. Any wch future advances, whetheF ;
y,~ ~ o6lgatory or to be made at the option ot the Mortgagee, or otherwise, may be made either prior to or atter the due date ot the Note or e
~ any other notes secured by this Mortgage. This Mortgage is grve~ for the specrfic purpose of secur~ng any and all ~ndebtedness by the ;
~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any tme the max~mum principal amount set forth in th~s
a
` ~ ~ paragraph) m whateve. manner thrs indebtedness may be evdenced or represented, until this Mortgage ~s satisfied of rec~xd. All cove-
nants and agreements conta~ned in thls Mortgage shall be applicable to aU turther advances made by Mortgagee ~o Maker under this
j~y k+~ tuture advance clause. ~ -
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z~~ Should any of the above covenants be broken then the Note_ and ail moneys secured hereby shall, without demand, if the.
W~~ X Mortgagee, so elect, at once become due and paYab~e and this mortgage may be foreclosed, and all costs and expenses of collect~on and
~~i 0 reasonable attorneys' f~¢s, mclud+ng costs, expe~ses and reasonab~e attorneys' fees on appeal, if collected by legal proceedmgs or
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~ through an attorr~y at law, shall be pad by the Maker, and the same are hereby secured- ~
. ; .,.i . ;
~ a! IN WITNESS WHEREOF, the Mortga9or has executed th~s Morsgage as o( the date first above set forth. i
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= ~ Sgned. sealed and deGvered
m our pre ce: ~ ~
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IMortgayo~)
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1 Mor tgagor 1
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' STATE OF F1orLucie ' cr• : . ~
COUNTY OF St ~ ~d
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1 HEREBY CERTIFY, that on this day, beiore me, an ofiicer duly author~zed m the State afores il~ phd ~n ~Covntr.sfb?Bgid
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to take acknowled9ments, pe*so~a~~Y aPPea~~ E. ~senberger to me kr~r~i to ~er'.~lwfper~nde~Ct~a I
m and who executed the (orego~ng ~nstrument and She acknowledged before me ihit exe ' ed t!?s~rl?~: '
WITN my hand and othual sea~ the County and State last aforesa~d t s 9 ~ d+Y Of ~ F~~~ ` •
A.D., 19 ~ .
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Notary Publ~c ~
My Comm~ss~or~IR~~~~ ~ SjA~ ~ Ra1DA At LA~GI ~
U R q Mi CO+~Jr?~SSIO~ Ext1RfS IM?Y.Y6 1981
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