HomeMy WebLinkAbout2752 DIRECT HOME IMPROVEMENT MORTGAGE ~~pplI~~ ~
1MITH FUTURE ADVANCE ~Vf71VO
THIS MORTGAGE, made this 9th day of April , A.D., t9 79 ,between
Richard S. Stuhr aad Sheryl D. Stuhr, his wife
(Mortgagor) arxf l
Sun Bank of St. Lucie County IMorigagcel; ~
(Name of Sun Bank) `
WITNESSETH, that Mortgagor, for and rn consideration of the premises and rn order to secure the payment of the principal and
interest on the Wort; Ias herernetter delrrsedl, Mortgagor hereby grants, assigns translers and mortgages to Mortgagee, its successors and
attrgns forever, tM following described real property in St. Lucie County, Fbrda, to wrr.
Lot 4, Block 158, Unit 12, LAKEWOOD PARK SUBDIVISION, as per plat
thereof on file in Plat Book 11, Pages 26A through 26B of the Public
Records of St. Lucie County, Florida.
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. ~ ~ (This is a Second 'Mortgage) ~
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co ~ ~ ~ ~ E C O R G E D p1NfWfllfft To Cetapt~r 71.134. Aces Cf 18'71.
. . ~ ti: - y. '^U':rY, tel., . ROGERPOITRAS
. - - ~ ' . ClflTk Clrcuft Court, St Lucia, CO..
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_ (hereinafter referred to a~~Mortg~d Er~~rty);.aod{the Mortgagor does hereby fully warrant the title to the Mortgaged Property
" - and will defend the same against the lawful claims of all persons whomsoever.
Richard S. ~ Sheryl D. Stuhr
• .`II PROVIDED ALWAYS,. that if ,the Makerls) of that
' ~ r. (Insert Namelsll
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- ~ certain promissory note dated the date hereof Ithe Notel. their heirs, legal representatives or assigns Shall pay to Mortgagee
~ 5,035.72 ss evidenced by the Note, with interest and upon the terms as rovided therein, the final
the principal win of S P rt
i
g~ be;r,g April 16 , Ts 9 ,which Note provides that
~ ~ 1 maturity date of the Note and of this Mort
all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the hokfer may designate m 3
~;.tf writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's lee, upon default in the [
• ~ ~ t payment of the Note, and that if default be made in the payment of any installment thereunder and tht:t if such default K not made
good in aceordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable
without notice at the option of the hokfer thereof; and shall perform and comply with each and every stipulation, agreement and cov- 7
errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to payer taxes and assess-
meets on sad property; to carry insurance against fire on the building on said land for not less than s ,approved
by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
'j building on said lard in proper repair.
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I This Mortgage shall secure not only e>4isting indebtednett, but also such future advances, whether such advances are oblgatory or
to be made at the option of Mortgagee, or otherwise, at are made within twenty 1201 years from the date hereof, to the same extent as
if wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shah not exceed at any
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time the maximum principal amount of S plus interest, and any disbursements made for the payment
y u ~ of taxes, levies, or inwrance, on the Mortgaged Property, wnh interest on wch disbursements. Any such future advances, whether
, y ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or ~
~ any other notes secured by this Mortgage. This Mortgage i5 given for the specific purpose of securing any and all indebtedness by the }
` Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum prinapal amount set forth in this a
~ I paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage n satisfied of re!•ord- All cove-
n- - ~ pants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
future advance clause.
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z Should any of the above covenants be broken then the Note and atl moneys secured hereby shall, without demand, if the
k Mort ;
J O ~ gggee, so elect, at once bernme due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~
} ~ r-!! QO ~ reasonable attorneys" tees, including costs, expenses and reasonable attorneys' fees on appeal, rt collected by legal proceedings or
~ through an attorney at law, shall t>e paid by the Maker, and the same are hereby secured.
Z J O I e
;a', ! IN WITNESS WHEREOF, the Mortgagor haz executed this Mortgage as of the date first above set forth. }
r ~ I Sgned, sealed and delivered
rn our pre e: _ - ~7 ~ n
~ ~ ~ ~/~~Lt2-~1-~.!~=s (SEAL) r
~ (Mort agor)
t ~ ISEAL) s
E IMor tgagor)
STATE OF FLORIDA
ST. LUCIE 1
COUNTY OF 1
1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized rn the State aforesad ant>;8j~~pf{nfty atotesad
r to take acknowledgments, Pe.sonauy apprared Richard S. ~ Sheryl D. StuhTlo me knovm 1'd tle.ihe rsol}~8¢lFlnbed
in and who executed the for ~ instrument and th Q s` ~ t
ego rig ~.y acknowledged before me that ~ ~
g ~.~rctefYtt~sisr~t; F
WITNESS my hand arxd official seal rn the County and State last aforesaid this 9th sy~t ; ~'ltir y~
A.O., 79 ~4 . ~.j `iE : J ~ .
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NotaryPubl~c
My Commission E~1/p&idY ?•t{l?C STATE OF FLAR~i1:A1
nnhh~~++ qq
E 300KJVV PAGE(.? Mrco+~vNlssfoNrxrlt~swu?~.ss"wal
` e 6014-000.7 Rev. 8/77 bGNDED fl•tRU L,EMERI?t INS L'NufEWRITERS ~,n. t
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