Loading...
HomeMy WebLinkAbout0638 viHECT HOME IMPROVEMENT MORTGAGE ~ WiTH FUTURE AOVANCE ~~'1~~ ' THIS MORTGAGE. mxle tn~s ~~~ICh-_---- WY of . A O. ~ -Zg---- . Ixtwren. Robert Lecompt and Sharon Lecompt, his wife a/k/a Robert_J. a„~,~o,~ a„a Lecompte and Sharon Lecompte iti~o~»~: (Name o~ Su~ BankJ WITNESSETN, that Mortqagor, for a~d en cons:derauon of the preKn~ses a~d ~n orde+ to secuie the pa~•ment ol the V~ c~pai ard ~nte~ast on the ~+ote (as heranaite~ de~~nedl, Mortgagor heieby g~a~ts, ass~gns translers ancl mortgagrs to A~ortgaqee. ~is succ rs and ass~gns ~orever, the ~O~~ow~ng descr~bed rea~ property St LuC e Cou~~tV. Fto~da, t ~t: Lot 9, Block 811, PORT ST.- Lt1CIE; SECT'I~N THIRTY-TWO, according to the Plat thereof as recorded in Plat Book 14, Page 23 of the Public Records of St. Lucie County, Florida. /j r'! •'•r~~t ftECORCEO ~ ' 'tU'•'l,- ~ , 1 ~~.t~~ '19 };r~ 18 PM 3: 52 ~ecewea • Psr~t u+ T.xes y^_, . Due On Class •.C• intanpibls Peraonai Prop~K11. , . ` : . j` ~ ' PursuaM to ChaPtsr 71. 134. A~ts Of 1871. - ~ ROGER POITRAS ~ v+~ (This is a Second Mortgage) ~ C~~un ~un, S~ LucN. Co.. Ft~. ' ; ~fj= t ~ : . . _ ~1,~ ' F • r ~ =;j> (here~nafte< <efer.ed to as the Mortgageci Propertyl; and the Mort9agor dces hereby fully warrant the t~tle to the Mortgaged ProPerty ~nd w~~l defend the same aga~nst the lawfui ctaurss oi ali persons whomsoever. = ~ 1~ i PROVIDED ALWAYS, that ~f R°bert J. Lecompte and Sharon Lecompte ,,ne nnake~~s? or ~na~ ,:i~_: ~Insert Namelsll • ~ : their ce~tam prom~uory note dated the date hereof (ihe Norel,- he~rs, legal rep~ezentat~ves or au~gns shalt pay to Mortgagee . 7 703.85 , ~1~~ the pnnapai sum of S_Z as ev~denced by the Note, w~th ~nterest and upon the terms as prov~ded therein, the tinal ! April 21 .~9 89 , which Nole prOV~des thal ma[unty date of [he Note and oi th~s hlortgage bemg - atl ~nstailments of pnnc~pal and interest are payab~e at the otl~ce o~ Mortgagee, or at wch other place as the holder may des~gnate in writmg, arxi that each maker and endorser agree to pay all costs of collect~on, ~ncluding a reasonable attorney's fee, upon default in the r " payment of tfie Note, and that de~ault be made ~n the paymeni ot any mstallment thereuncler 3nd that ~t such detault ~s not made t~ , ` gpod ~n accordance w~th the terms ot the Note, ~hat the ent~re pr~ncipal sum ancf accrued, earr~ed ~nterest shall become due and payable w~thout not~ce at the opt~on of the holder thereot: and shall pertorm and comply w~th each and every st~putat~on, agreement and cov• y T a enant of the Note and oi th~s Mortgage, then th~s Mortgage a~d the estate hereby created shal! be void, otherw~se the same shall remam ~n fult force. Maker covenants to pay the ~nierest arxl nr~ncipal prOmptly wh~ due. Mo~tgagor covenants to pay ihe taxes and assess• ments on sa~d property: to carry ~nsurance aga~nst f~r2 on the bu~lding on s0~d land for not less ihan , approved by ~he Mortgagee, w~th standard matgage Ioss clause payable to Mortgagee, the policy to be held by the Mortya9ee and to keep the bu~ld~ng on sa~d land ~n proP~ repa~r. i Th~s Mortgage ShaU seture not only ex~sting mdebteelnezs, but aiso wch tuTUre advances, whether such advances are obt~gatory or ~ to be made at the opt~on o( Mortgagee, o~ otherw~se, as a~e mxle w~thm twenty (?0) years trom the date hereof, to the same extent az ~1 wch future advances were made on the date o} the execut~on of th~s Mortgage, but such secured ~ndebteciness shatl not exceed at any ~ ~ t~me the max~mum pnnupal arnount of S_ ~ pius ~nterezt, arxi any d~sbursements made for the payment ~ _ of taxes, lewes, or ~nsurance, on the Mortgaged PropertY. w~th ~nterest on wch d~sbursements. Any wch luture advances, whether ~ ~ obigatory or to be made at the opuon of the Mortgagee, or otherw~se, may be made enher pnor to or atter the due date of the Note or ~ _ ~ any other notes secured by th~s Mostgage. Th~s Mortgage ~s g~ven ior the spec~t+c purpose o( securmg any arxf all incfebteciness by the ~ hlaker to Mortgagee (but ~n no evem shali the secured ~ndebtednesz exceed at any ume the max~mum prmapal amount set forth th~s paragraphl ~n whatever manner th~s indebteclness may be ev~dencecl or rep:esentect, until this Mortgage n sat~sf~ed o~ ~ecord. All cove- ~ ~anis and agreements conta~ned ~n th~s Mortgage sha~l be appl~cable co all turther advances macie by Mongagee to Maker under th~s tutu~e advance ciause. ~ . : ~ , Should an~ of the above covena~[s t~ broken "•'r ~he NoTe and a!~ money> securecf hereby shall, w+thout dvmand, d the Mortya9ee. so elect, at once become due a~ui payab~e a:~d rn~s mortyage may be fo~eclosed, and a11 cosrz and expenses of coilect~on and k! ~easonabie attorneys' }ees, ~nclud~ng co>~s, expenses anci reasonable attorneys' ~ees on appeai, ,f co~:eded by iegat proceecl~ngz or p~q~ ±hrough an attomey at iaw, shalt be pa~d by :ne Maker, arxf the s~me are herrby secwecl. ~ - r-I i i ~ IN WITNESS WHEREOF, the h1~~tgagor has executed th~c hlo.tgage as of the dare tust abc~ve set forth. U O. - ~ - a' > : S:ynvd, sealed and dei~vered ~n ou~ pr ! ~ ~ , ~ ISEALI / / t_ r- . , Ih ayo~ ~ ~,.A~' [ ~ ~ ~ \~~L~ - ~ ~ ISEAL) ' INlort~~go~) ~ ~ STATEOF FLORIDA ~ ~ ~ ST. LUCIE ' ~ ~ COUNTY OF ! ~ ~ I iiEREBY CERTIFV, tna: o~ !n~s day, t~efor.~ me, an otf~ce. ~iuiy authr~r~recf m the State aioresad 3ncS.~qtheCountV aforesad ~ Robert J. ~ Sharon Lecompt~o me known to~~~the person.dg;~rQ>ed to take acYnowledyments. pe~sonally apU?ar~-'d - -r ,n and rlho executed ?he to~ego~ng ~nstrument an~i Ctley ack~owledq~rcl beture me that • t~eyexecutedttretis'a~riB. 17th - ' ~ ~ : ` ` . WITNESS my hatxl and o~fi<<al sea~ The County and StatP ~as! aforesa~d th~s - ~ Y af: • ' s A.D.. 19 . . ~ ~ ' i ~ yora~v Pub:~c ~ ~ R 'L~ ORT ~':Rl~ C ST~TE a~L~~~•,t•t ~2i?. a~nr~/''~ ~ ~ hly Co~rm~ssrOn Exp;r s~ - ~ CD?J1RiSSW^~ EI~iRFS MAY . 2S- (9A~ ~M V~~ b~ vOfU_iFWJ'vENERAI ~NS JNDER.•RI?r~`~ E n..,. d-so~a-ooo-~ a~?. sm ~ - Y _ _