HomeMy WebLinkAbout2479 OIRECT HOME IMPROVEMENT MORTGAGE . 4:;so21
WITH FUTURE AOVAfVCfb
THIS MORTGAGE, made this ZOtZt day of February ~ , A.D., t9 79 ,between
Robert Anthony DeLucia (Mortgagor) and
Bun Bank of St. Lucie County
(Mortgagal:
(Name of Sun Bank]
WITNESSETH, that Mortgagor, for and in consideration of the premwes and in order to recurs the payment of tM principal and
interest On the note las hereinafter delinedl, Mortgagor hereby grants, assigns transfers and mortpapes to Mortgagee, its wccessors and
assigns forever, tM folbwirq descnbed rql propwty in 5~,, Lucie County, Fbrida, to wit:
That part of the South 300 feet of the Ski of the tilt of Section 6,
Township 34 South, Range 40 Salt, lying .west of the Westerly right- •
of-way~of 0.8. 8lghway alt LBSS and BXCSPTING therefrofa rfghtrof-'way
of the Florida State Turz><pika Authority as shown in Deed Book 213, page
565, of the Public Records of St. Lucie County, Florida.
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- R~a1wd • r M ~tR Ot Tiltw
o ~ (This is a Second Mortgage) ~w ~ Claims Mgrp~ p.~,..~~
- F; ~cfl ;ai~il ~EGORDED ~aawaaft To CENp~ 7t,134.I1a4 0I 1. ~7t• v.
w C' ~ v U'~:TY:FLI•. ROQER A011R/~q
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'79 F~8 23 Ahi IQ : 39 ~ -
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(hereinafter referred to as the MaQ~(rt~{~Z~ tj>E.Maitt;agor does hereby fully warrant the title to the Mortgaged Property
> and will defend the same against the lawful claims of all persons whomsoever.
Q PROVIOEO ALWAYS, that if RDbert Anf~lony DeLuCia .the Makarls) of that
z (Inssrt Nsme1s1)
~ Detain promissory note dated the date hereof (the Note), hla heirs, legal representatives or assigns shall pay to Mortgagee
the principal wm of = 10, 053.2{;1 ~ evidenced by. the Note, with interest and upon the terms as provided therein, the final
maturity date of the Note and of this Mortgage being February 21 , 19 89 ,which Note provides that
~ all instalartents of principal and interest are payable st .the office of Mortgagee, or at wt:tt other place as the holder may designate in
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N writing, and that each maker and endorser agree to pay all costs of collsction, including a reasonable attorney i fee, upon default in the
payment of the Note, and that it default be made in the payment of any installment thereunder and that it such default is not made _
good in accordance with the terms of the Note, that the entire principal wm and accrued, earned interest shall became due and payable
without notice at the option of the holder thereof; and shall perform and comply with eat9t and every stipulation, agreement and cov-
enant of the Note and of 'this Mortgage, then this Mortgage and the estate hereby created shall bs void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
, manta on said property; to carry inwrance against fire on the buikfirrg on said lard for not less than i ~ ,approved
by the Mortgagee, with standard mortgage bas clause payable to Mortgagee, 'the policy to be held by the Mortgagee and to keep the
building on said land in proper repair.
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This Mortgage sMll secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or
i to be made at the option of Mortgagee, or otherwise, as are made within twenty 120) Years from the date hereof, to the same extent as
'i if wch future advances were made on the date of the execution of this Mortgage, but wch secured irtdetltet:ness shall not exceed at any
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~ time the maximum principal amount of s nz. plus interest, and any disbursements ntede for the payment
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' ~ of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any surds future advances, whether
obligatory or to be made st the option of the Mortgagee, or otherwise, may be made either prior to or aher the due date of the Note or
Q any other notes severed by this Mortgage. This Mortgage iS given for the specific purpose of securing any and all_ indebtedness by the
w Maker to Mortgagee (but le no event shall the secured irxlebtedness exceed at any time the maximum principal amount set forth in this
~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove-
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pants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
Q future advance clause. -
z Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the
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Mortgagee, !o elect, at once become due and payable and this mortgage may be fweNosed, and all costs and expenses of collection and
~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, it collected by legal proceedings or
~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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- IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth.
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rte- Signed, sealed and delivered
in our pre ~ • ~ n ,
•O~`+r'_.a'-`,.e.. (SEAL)
IMort r)
' ~ ISEAL?
s (Mortgagor)
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a
r STATE OF Florida )
COUNTY OF St. Luci@
1 HEREBY CERTIFY, that on this d~: ~je/+tlie'hier.¢Ittofficer duly authori:ed in the State aforesaid and in the County aforesaid
to take acknowl ~ art'
~~nY DeLueia to me known to be the person descnbed
edgments, persortalfy appeaved . .
ego ng instrurden otrtf acknowl before me tnat he executed the same.
in and who executed the for i j ~ t ~ j edged
WITNESS my hard and officialleat ill t t~ tFt! last r id this ZOt y of F@bruar11 ,
~ A.O., 19 79 '.~J
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BOOKJV~ PAGE2~~~ . MY r_t;?dA:ISSIC!N ~t%~ rec. 2~ Isar I
x•6014.000.7 Rev 6/77 ~ fytl`YiJi.~ TtiftJ G`c.~iti,i~l ir+.i. tit~%I:YlI:li1~S ~r.K,,,~.....,.
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