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 ~
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'19 };r~ 18 PM 3: 52
~ecewea • Psr~t u+ T.xes
y^_, . Due On Class •.C• intanpibls Peraonai Prop~K11.
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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~. '
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~ =;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.
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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
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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.
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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.
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~ IN WITNESS WHEREOF, the h1~~tgagor has executed th~c hlo.tgage as of the dare tust abc~ve set forth.
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: S:ynvd, sealed and dei~vered
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' INlort~~go~) ~
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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 - ' ~
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WITNESS my hatxl and o~fi<<al sea~ The County and StatP ~as! aforesa~d th~s - ~ Y af: • ' s
A.D.. 19 . . ~ ~ '
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~ yora~v Pub:~c
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