HomeMy WebLinkAbout0818 UIRECT HOME IMPROVEMENT , MORTGAGE / ~
WITH FUTURE AOVANCE ~
THIS MORTGAGE, made th~s 13~ day ol Februar~? , A.D.. 19 79 . be~wee^
Lawrence F. and Ethe1 A. Dooley ' ~M~«~~? a~
Sun o t le ~ tY ~Mo«~?:
(Name ol Sun Bankl ' '
WITNESSETH, that Mort9agor, lor and ~n cons~derat~o~ oi the p~em~ses and ~n order io secure ~he payment ol the p~~nc~pal and
~nterest on the note (as he~e~natter definedl, Morcgagor herebv g~ants, su~gns transters and mo~tgages ~o Mortga9ee, ~ts successors and ~ ;
ass~gns tbrever, ihe 1ollow~ng descnbed real property ~n St. L~~cie Couniy, Fbrda, to w~t:
~ IAt 14, Block 18, RIVBR PARK,_UNI'P 2, as recorded
~ in Plat Bovk 10, Fage 72, Public Records of St.
Lucie Coimty, Florida.
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/ F{LEO AUO RE~QRD~D~
1 =i. ~llC+E COU`itY. ~L,~. Recsiveds
~ . y In PeYmsnt Of Taxa
~ ; ; ; : ~ i ~ ! E p Due On Cless ••C•• Inbnpibls psr~onal
4a~?a.~.7`3 ` Pu?suaro To Chaptsr 71. 134. Acb Of 18~~
~ ~y e~ ROGER POITRAg So~
79 FEB I 4 W'1 ~U • 27 Clerk Circuit Court~ St. LuCis. Cp.. p~ '
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~ i ~ ~ ~ CLERK C:RCUlT ::OU~ ~
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~Z~l lhere+nafter reterred to as the Mortga9ed Propertyl; and the Mortga9or does hereby fully warrant the title to the Mortgaged Property
T arxl wid defe~d the same against the lawful ctaims o( all persons whomscever.
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PROVIDED ALWAYS, that if ~~~e F. and Ethel A. ~Oley , the Makerls) oi'that
~ ' ~ (Insert Namels)1
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certain prominory ~ote dated the date hereof (the Notel. ~e12~ heirs, legal representacives or assigns shall pay to Mortgagee
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the pri~cipal sum of s + as evidenced by the Note, w~th interest and upon the terms as provided there~n, the final
~ , ~ J . WAIC~I NOf6 P~OVIdCS t1Wt
~ y Q maturity date ot the Note and of this Mortgage being ~~h 6
all installme~ts of principal and interest are payabk at the oftice of Mwtgagee, or at wch other place as the holder may designate in
, _ writing, and that each rt+ake. and endorser agree to pay all cosis of collection, including a reasonable attorney's (¢e, upon default the :
Y, payment of the Note, and that ii default be made in the payment of any installment thereunder and that if wch default K not made `
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good in accordance with the terms of the Note, that the entire principal wm and accrued, earned i~terest shall become due and payable
without notice at the option of the holder thereot: and shall pertorm and comply w~th each and every stipufatpn, a9reement and cov-
enant of the Note arxi of this Mongage, then this Mortga9e and the estate hereby created shall be void, otherwise the same sha11 remam
- in futl torce. Maker cove~na~ts to pay the in[ergst and principal promptly when due. Mortgagor covenants to pay the taxes a~d assess-
' ments on said property; to wrry inwrance against fqe on-the building o~ said land for not tess than S a " , aPP~o~
by the Mortgagee, vrlth standard mortqage bu clause palnb~e to Mortgagee, the pol~cy to be he~d by the Mortgagee and to keep the
li buiid~ng on said land i~ proper repair.
~ ~ This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are oblgatory or
~ to be made at the option ot Mortgagee, or otherwise, as are made withi~ twenty (20) Y~~s from the date hereoi, to the same exten[ as
~ 'r~' ~f such future advances were made on the date of the execution ot this Mort9age, but wch secured indebtedness shall ~ot exceed at any
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~ } iU time the maximum printipal amount ot S a plus ioterest, and any disbursements made for the payment
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~ ~ of taxes, tevies, or. iowrance, on the Mortgaged Property, with .interest on wch d~sbursements. Aoy wch tuture advances, whether
'r~-~1 oblgatory or to be made at the option of the Mortgagee, or otherwise, may be made either pnor to or after the due date of the Note or
~ ~ i~ any oiher rates secured by this Mortgage. This Mortgage is given for the spec~fic purpose oi securing any and all ~ndebcedness by the
Maker to Mortgagee (but in no eve~t shall the secured endebtedness exceed at a~y time the maximum p~incipal amount set forth in this
j~ paragraphl in whatever man~er this indebtedneSS m2y be evidenced or represented, until this Mortgage is sat~sfied of retord. All cove-
LL tn nants and agreements contained in this Mort9age shall be applicable to all further advances made by Mortgagee to Maker unde? tnK
~ ~ tuture advance clause. . -
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z,~~ ~ Shou{d any oi the above covenants be broken then the Note and all moneys secured hereby shall, w~thout demand, ~t tl?e
~ Z ~ Mortgagee, so elect, at once become due and payable and this mortgage may be toreclosed, and all costs a~d expe~ses ot collection and
T~ I~ reasw~able attor~eys" fees, inctud~ng costs, expenses ard reasonable attorneys" fees on app~t, if collected by Iegal proceed~ngs or ~
~ U ~ through an attorney at taw, shall be paid by the Maker, and the same are hereby secured.
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IN WITNESS WHEREOF, the Mortga9or has executed th~s 1lilortgage as of the date tirst above set forth.
~ Sg led elrver
m n
~ nce F. ~Boo3~9??
~ ' i / ~C'"~`~~~- (SEAI)
~ Ethel A. Dodi~~°`~
~ STATE OF F10T1~ 1 '
~ . 1 -
COUNTY OF St LUCl@ 1
~i~~~~~ti~i ~
1 HEREBY CERTIFY, that on th~s day, before me, @M1i1(jc~, du~U`wthonzed in the State aioresad and rn the County atoresad (
~ `F: ' aild-.~hel A. DqB~ ~
to take acknowledgments, personally appeared now~ to be the pe.son descrebed I
~ the executed the same. ~
'~n and who eaewted the torego~ng ~nsirument and a~ed9ed betore me that }
3th eav ot Feb1 t~a1y ?
WITNESS my hand and officwl seal m the CouOt~jfRtl Stat~ t r~~ • ~
A.O., 19 . ~ • ~ s
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p~~'•. N tarY Pub~' r- 1~A!? II~IC STAfE ~~LORfQA AT 1A~
O R F~ ~~~q^7~ias'd!t.ExpKes: Mr COMM156iON E7~I~S M. 2~ Mff
~ooK eacf 8~.7 ~ ~ , ~ r.n, ~
a-so,a-ooa~~ Rev. sm „ E.K,,,~~~
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