HomeMy WebLinkAbout2279 t~IRECT HOME IMPROVEMENT MORTGAGE ~~~,;.31
•.VITH FUTURE ADVANCE
THIS MORTGAGE, made th+s lath clay of A D . 19?~_ , hetween~
----a'~--
Raymond Edward Kirk and Patricia M. Ki~k.hi~~etifs_____-_ IMortyayor) and
Sun Bank of St _ j~lcip ~,(2untV iMortgageel:
INameof Sun Bankl
/ WITNESSETH, that Mortgagor, for and rn cons+derat+on of the prem+ses aril +n order to secure the payment of the pr+nc+pal aril
1 +nterest on the rwte (as hereinafter delrned), Mortyagor hereby grants, ass+gns transfers and mortgages to Mortgagee, ass successors and
ass+gns forever, the lollowrng described rest property rn St. l,.ucle County, Flor+da, to wet:
Lot 26, Block 202, PORT ST. LUCIE, SECTION FOUR,
according to the Plat thereof as recorded in
Plat Book 12, Page 14, Public Records of St.
Lucie County, Florida.
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Received s '~l' l0' In PaynNnt Oi Talola
19T9 !?..".Y 1 b PM ~ 28 oue o~ class ••c•• Intsnpible P~er:onal Pros,
Pursuenl To Chapter 71. 134. Acts OI 1871.
T E-- F -_r ' • ' , 1 fll.Etf ~ ftEGt~WEO ROGER POITRAS
,M__ENTA_R_Y~:- ~".rY; ~ I S~Li~C.Af}A.
. ; . ~ct~~z~~ ;~~~SS~') Clerk Circuit COUrt, St. Lucis. Co., Fls•
- ; ~•~Y ~ , ~ licca~ti v~F;~lrc..~r
444331
(hereinafter referred to as the Mortgaged Propertyl; arxt the Mortgagor does hereby fully warrant the t+tle to the Mortgaged Property
and wul defend the same against the lawful cta+ms of all persons whomsoever.
PROVIDED ALWAYS, that +f Raymond Edward & Patricia M. Klrk ,the Maker(s) of that ~
(Insert Namelsll
certain prom+ssory note dated the date hereof (the Notel, thE1Z' hers, legal representat+ves or ass+gns shall pay to Mortgagee
the pnnapal sum of S 10 • 805 ~ 96 as ev+denced by the Note, w+th interest aril upon the terms as provided there+n, the final ,
1
matur+ty date of the Note and of this Mortgage be+ng MaY 11 19 89 , wh+ch Note prov+des that
all +nstallments of pr+nc+pal and interest are payable at the off+ce of Mortgagee, or at wch other place as the holder may des+gnate rn
wasting, and that each maker and erx/orser agree to pay all costs of cotlect+on, including a reasonable attorney'; tee, upon default m the
payment of the Note, and that rt default be made in the payment of any installment thereunder and that ri wch default rs not made
good +n accordance with the terms of the Note, that the ent+re princ+pal win and accrued, earnM +nterest shall become due arrd payable
without notice at the opt+on of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov-
enant o~the Note and Of this Mortgage, then th+s Mortgage and the estate hereby created shalt be vo+d, otherw•se the same shall remain
m full force. Maker covenants to pay the +nterest aril prinapal promptly when due. Mortgagor covenants to pay the taxes and assess-
ments on sa+d property; to carry insurance against Lee on the buiW+ng on said land for not Tess than $ _n~a ,approved
by the Mortgagee, with starxia+d matgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
budding on sa+d larxl +n proper repa+r.
Th+s Mortgage shall secure not only ex+sting indebtedness, but also wch future advances, whether such advances are Qbtiyatory or
to be made at the opuon of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
:f such future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any
_ t+me the max+mum pnnapal amount of S n~a plus interest, aril any dsbursements made for the payment
of taxes, iev+es, or insurance, on the Mortgaged Property, w+th +nterest on wch d+sbursements. Any such future advances, whether
oblgatory or to be made at the option of the Mortgagee, or othenvrse, may t>e made either poor to or after the due date of the Note or
t any other notes secured by this Mortgage. This Mortgage rs given for the speeiLc purpose of securing any aril all indebtedness by the
~ - N ~ hlaker to Mortgagee Ibut in no event shall the secured indebtedness exceedot any trine the maximum pnnapal amount set forth m th+s
I _ ' paragraph) m whatever manner th+s +ndeb?edness may be ev+denced or rep:esanted, unt+l th+s Mortyage +s sat+sLed of record. All cove,
~ nanh and agreements conta+ned in th+s hlortyage shall be applicable to all further advances made by Mortgagee to Maker under this
- 1.1 ' future advance clause.
il V]
~ Should any of the above covenants be broken then the Note and all moneys stxurerl hereby shall, without demarwl, +t the
s - ~ hlurtyay2e, so elect, at once become due arxt payable and this mortgage may be foreclosed, and all costs and expenses of collection and
reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by I+•gat procF•erLnys or
41 rhrough an attorney at law, ;halt be pa+d by the hlaker• aril the same are hereby secured.
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IN WITNESS WHEREOF, thc• Mortgagor has ex.•eutetf this Mortgage as of the date first above set forth.
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S.yred. sealed and clei+vrrecl _
- n our uresence - Ra nd Edwa Ki ~ ~
} ~ Ili o q or) i
(MOr t y:+gor 1
Patricia M. irk
STATE OF Florida
I
COUNTY OF $t , Lucie t
I HEREBY CERTIFY, that on th+s day, before me, an otf~erdufy authonred m the Stat+• aforesa+d and m the County aforesaid
to take acknotiviedyments, pe•sonally appeared Baymond E PatrlCt~d,e knOVrn to be the person described
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.n and who executed the foregoing +n;irument and f'~'1@~ ~u-j~r aCknpwledged before me that _they _ executed the same.
~ WITp(~SS m hand .-.^d off, 11th _ Ma .
/ y c.al seal me County and State last of sae this day o(_ _ y
i AD., t9 _
s ~ +
fVo'ter.y P,v tit
Mv Com~iisiion Expuer._------.------ -
&~f4-000-7 Rev. f3,77 ~ ~ 3U~ 2279 ~
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