HomeMy WebLinkAbout1749 DIRECT HOME IMPROVEMENT MORTGAGE 4459;1 ~ ~
,':ITH FUTURE ADVANCE
THIS MORTGAGE, matte this _ 23 .day of Ma~-___-____ A D., 19 _79 ,between
.Tncrsnh M_ nttrpttra anA Pa~-_rr_Du~t~+r._~l.ls_y1j,~_-_____-_____- (Mortyayarl and
Sun Bank of St. Lucie County _ IMortgayee?:
lName of $un Bank j
WITNESSETH, that Mortgagor, for and rn consuferauon of the premises and rn ordar to secure the payment of the principal and
interest on the note las herernalter deLnedl, Mongayor hereby grants, assrgns transfers and mortgages to Mortgagee, ris successorsand
assrgns forever, the following described rear property n, St. L11Cle _ -County, Fiorrda, to vier.
The W4 of that part of the South 100 feet of the North 330 feet of
the E~ of the NE~t of the SW1t of the SE~t of Section 17, Township 35
South, Range 40 East, lying between South 29th. Street and South 30th. t
Street in the City of Fort Pierce, Florida.
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~ S R~ERCMPO
TRASH _ .
CLERK CTitCINT ~VEO = . l I -
f.:GOROVcR'F1f~ t~?tT~ ~ ~ ~ASt LE ERS~M~ OF TAXES
445921 wRSUAUr TO u+~TER n-1~4~ ACTS Off ~PfRTlfr
- Tlrt7 R06ER POITRAi H7j•
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M i (This is a Second Mortgage) =r ~ A~
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t!1 ~ (hereinafter relerred to as the Mongaged Propt'rtyl. and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
' ' ~"r ~ and viol defend the same against the (awful darms of aft persons whomsoever.
Jose h M, and Pauline G. burette
PROVIDED ALWAYS, that rf P the Makerlsl of that
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I ~ jinsert Namelsl?
.Li-
_ certain promissory note dated the date hereof (the Notel, their hems, legal representatives or assrgns shall pay to Mortgagee
the pnnapal sum of $ 10.856.06 as evidenced by the Note, with rnterest and upon the terms as provided therein, the final
4r maturity date of the Note and of this Mortgage being ~~l~Cl21~~X June 1, 19 89 . which Note provides that
- s all rnztallments of pnnapal and rnterest are payable at the office of Mortgagee, or at wch other place as the holder may designate m
- ~ ~ r ( writing, and that each maker and endorser agree to pay ail costs of coliechon, including a reasonable attorney's fee, upon default m the
• payment of the Note, and that rf default be made m the payment of any installment thereunder and that ri such default rs not made
' + i good rn accordance with the terms of the Note, that the ensue pr mapal vim and accrued, earned rnterest shalt become due and payable
- - ~ ~ 1 without notice at the opuon of the holder thereof; arxi shall perform oncf comply wuh each and every strputatron, agreement and cov-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shaft be void, otherwrse the same shall remain
~ rn full force. Maker covenams to pay the rnterest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
' merits on Bard property; to carry insurance against fire on the twrlding on card land for not less than $ _ NA ,approved
~ by the Mortgagee, with standard mortyaye loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
I ~ ~ building on said land rn proper repair.
I
' Th,s Mortgage shall secure not only existing indebterness, but also such future advances, whether such advances are ohlrgatory or
~ to be made at the option of Mortgagee, or otherwrse, as are made w,thrn twenty 1201 years Pram the date hereof, to the same extent as
y-1 rf such future advances were made on the date of the execution of this Mortgage, but such secured rndetrtedness shall not exceed at any
- ~ time the mawmum pr mcrpal amount of S - NA plus rnterest, and any drsfrursements macJe for the payment
O of taxes, levies, or ,nsurance, on the Mort a ed Propwt
CJ g g. y, with rnterest on such disbursements. Any such future advances, whether
obi,gatory or to be made at the option of the Mortgagee, or otherwrse, may be mad? either prior to or after the due date of the Note or
_ v
.,.I any other notes secured by this Mortgage. This Mortgage rs given for the specific purpose of securing any ancf all ,rtdebtednezs by the
U Maker to h1ortyagee (but in no event shall the secured indebtedness exceed at any time the maximum pnnapal amount set forth rn this
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i _ Paragraphf rn whatever manner th,s rrttfebtetiness may be ev•denced Or represented, until !his Mortyage s satrshecf of record. ASl cove-
E Hants and agreements contained m this Mortgage shat( be apDl~cable to a!I further advances marbr by Mortgagee to Maker under this
i y.i future advance clause
I _ rte.
_ rya, Should any of the :3bovr' covenants tu• broken then the No[e and all moneys srrcurecf hereby shall, without demand, rf the
O' hlo+tgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs anrf expensss of coltecrrrin and
j reasonable attorneys- fees, including costs, expenses and reawnable attorneys' fees on appeal, rf coUeciecf by Ir'ga; prnreerlrngs or
U through an attorney at law, shall be paid by the Drlaker, aril the same are herrrby secured-
t ^f CL1
iN WITNESS WHEREOF, the nlnr!gago+ has execut![1 this 141ortgay? as of the date first above set forth.
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t ~n our urese
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(hlortyaq rl
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(hlor;yago+l
STATE OF Florida {
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COUNTY OF St LllCle ' - !J~f
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1 NEREBY CERTIFY Thar or• .his day, tre}O'r' m?, an off,;,er duly a~rthonr.•ct rn the Stag aforesaid'~grlut th~t~otMly@f~trE,'sard
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•o •ake ackno:^.~edyments, Pe~sona~ly aPP?ar"d ,Tnr3Pnh M_ fv Patti i)t~~ ~{~~~~no~t:to be~te~~'ddsccdxd
rn and who executed m? forego,r;q instrument .end theY__ acknowledged i~efore m? that Y ~x ttt~ smite.
s WITNESS my hand and of`~c•al seal ,n the Cnunty .,nr1 Statr• past atoresa~d thK 23 day o ~a - ,
A D . t9 i~~ ,
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Notary Public pgTATlrI yt;Kr; t E ) "s'f AT
r, t1v Commission ~,O?•µtSa'~'`I fX?IRES Mr?V . 2~ 19111 ' "
~ ~Rr 3U9 oAC~ 1 I ~V •r.~- -
a 5014-0047 Rev. 8/77 r , .
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