HomeMy WebLinkAbout2277 i)IRECT HOME IMPROVEMENT
_ MORTGAGE `~`~4329 ~ ~
tITN FUTURE ADVANCE
THIS MORTGAGE, made this ~ 11th • _ clay of Ma~ _ A D., 19 79 ,between'
1dL1.Q.~-~1{11bP.Ll~--alld J~~fGe g. Kuberry------ IMort,,agorl arxi
~C1FR Sun Bank of St . Lucie_County _ IMn„gay~e?;
(Name of Sun Bank?
WITNESSETH, that Mortgagor, for and in consideration at the premises and m order to secure the payment of the principal and
interest on the note fors hereinafter de(,nedl. Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following described real property in •St • Lucle County, Florda, to wit:
- West 1/2 of Lot 16 and all of Lot 17, Block 6, RUHLMAN
SUBDIVISION, as per plat thereof recorded in Plat Book 9,
page 55, public records of St. Lucie County, Florida,
.
1~~
;3?9 t i 4 ~r ~ 2 $ Recelvsd ~ ~ ~ 7
~~In Payment OI Taxes
tLfO Altlit i~turstifcy Otis On Class "C" Intarl8ibls Personal Property
T 1-= F - ~ ~i L 5~• q,rs~ent To Chsptsr 71, 134, Acts Of 1871. •
_ F N Ak Y - F S' , } CLERK CWOIMT i ROGER POITRAS 9'~,~
r _ ~L.r - ~ - it`•CCP.D YEFlF1=1:._$ - Cls?k Ci?CUit
- , , Court, St. Lucis. Co.,•Fls.
- 444329
(hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgagoi Property
and viol defend the same against the lawful claims of aU persons whomsoever.
PROVIDED ALWAYS, that if _CharleS E. KuberrV and Joyce A. . KUlJ@_r~~Makerlslof that
(Insert Namelsl!
certain promissory note dated the date heieof lthe Hotel, theft heirs, legal represematwes or assigns shall pay to Mortgagee
the principal sum o(S 8 t 435.32 as evidences/ by the Note, with interest ancf upon the terms as provided therein, the final
maturity date of the Note and of this Mortgage being M8r_ 11 19 89 ,which Nete provides that
aN installments of principal and interest are payable at the office of Mortgagee, or a! wch other place as the holder may designate in
wrrtmg, arxi that each maker arxf endorser agree to pay all costs of coilecnon, including a reasonable attorney"s fee, upon default m the
payment of the Note, and that rt default be made in the payment of any installment thereurxler and that rf ;uch default ~s not made
good in accordance with the terms of the Note, drat the entire principal win and aecruecl, earned interest shall become riue and payable
without notice at the opuon of the holder thereof; arxi shall perform aria comply with each and every stipulation, agreement arxf cov-
enant of the Note aril of this R4ortgage, 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 pnnapal promptly when due. hlortgayor covenants to pay the taxes arxl assess-
ments on said property; to carry insurance against fue on the building on said land for not less than S ~R ,approved
by the Mortgagee, with standard mortgage toss clause payable to Mortgagerr, the policy to be held by the Mortgagee and to keep the
bwldmg on said larxi in proper repair.
This Mortgage shalt secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or
to be made at the option of Mortgagee, or otherwise, as are made wahin twenty {201 years hom the date hereof, to the same extent as
~ if such future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not execYd at any
' ~ time the maximum principal amount of $ _ n~a_ plus interest, arxi any disbwsements made for the payment
J ~ of taxes, levies, or insurance, on the h9ortgaged Property, with interest on wch disbursements. Any such future advances, whether
_ oblgatory or to be made at [he option of the Mortgagee, or-otherwise, may be made ether poor to or after the due date of the Note or
~ any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all mefebtedness by the
' _ ~ Maker to Mortgagee (but m no event shah the secured indebtedness exceed at any time the maximum pnnupal amount set forth in this
i -
- s~ paragraph) rn whatever manner this indebtedness may Ix' evidenced or rep:esenteri, until this hlnrtyage is satrsLgd of record. All cove-
t v
p C1 ` Hants arxt agreements contained m this hlortgaye shall be applicable to all further xlvances mach. by Mortgagf~e to Mak,v under This
{i J future advance clause
~ Should any of the above. covenants be broken then the Note and all moneys sseeured hereby shall, without demand, d the -
~ ~ Alortyagee, so elect, at once becomr, due and payable and this mortgage may be foredose~d, and sit cost; soil expenses of c7ltection and
reasonable attorneys" fees, inclutimq costs, expenses ancf reasonable attorneys" tees on appeal, .f collected by legal proceedings or
f through an alto+ney at law, shah be paid by the hM1aker, aril the same are hereby securcKi
f - r IN WITNESS WHEREOF, the Aortgagor ha execurc•rf this Mortgage as of the date first above sit forth.
{ _
S yned al f and de:,vsved
r nCe `~es E. u~3e ry
y.. ~ ~ ~ -
- - ISEAL?
- ~ ,
~ ISEAL?
Ih1o*tgayor) -
,Joyce A. Kuberry '
STATE OF Florida 1
l
COUNTY OF St . Lucie l ? -
1 HEREBY CERTIFY, that on th.s day, before me, an officer duly aathnn~cYt in the State afon•sairl and m thin County aforesaid
±o take acknowledymenr>• personany appeared ~harlef3 E . & -Joyce A . ra ma known, to be the person described
r ~ Q~~}~ V
.n and who ex?cured the fa~egp~ng +n;t:ument and OV ~ ~~ae1ltT004~~-twfore me that ><ile~_ executed the same.
WITNESS my hand and off~c+al ,ea! .n 'he County and~tp IPq~Oresa~r~l~'"STA~~~t
fAl t_UM: ~ ;StUN taPIRfS C>E:C. 3 1982
' F ~ ~ 1l~EtIAftlgS
, rz • lsae P3r~rC
U P` ~Vr~ j~` MY Cotrir~lssron Expues:
a 6014-000-7 Rev. 8/77 ~v• U ((•.rr ~t ? Yom' _
- !
~ f i
s - - -
- ti e fir'