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DIRECT HOME IMPROVEMENT MORTGAGE 4`~~~ ~ • , 1
WITH FUTURE ADVANCE
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TH !S MQq TGA E, made th+ 14th y of JUA@ A.D., 19 79 .between
John Edwar~ Rowals~C an e a ~waleTci-, s e
_ IMortgagorl and
Sun Bank of St. Lucie County IMortpayeel:
(Name of Sun Bankl
WITNESSETH, that Mortgagor, for and in cons+derat+on of the premises and in order to secure the payment of the prmcrpal and
interest on the note.las hereinafter dehnedl, Mortgagor hereby rants, assigns transfers and mortgages to Mortgagee, nssuccessorssnd
- ~t. Lucie
~ attigns forever, the following described real property in .County, Fbrda, to wit:
~
a Lot 4, Less N 15 ft thereof of Block 2, ROY G. AILLIARDS SUBDIVISION, ~
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",~r~`I ItT as per 'plat thereof on file in Plat Book 4, Page 17 of Public Records t
!.t ~ ; in St. Lucie County, Florida.
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(This is a Second Mortgage)
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. ~ ; 4 : 4 i i 1 p RFCEIYFD s~_ fN PA1?tr:aT CF TAXIS
~e~n ~ 8 3; O ~ GUE ON CUSS 'C' faTAllf;'8lE PERSII,. + F.ZOPEBTr,
J J PURSUANT TO GH.IPTE3 TI•t°;, ACTS BF 1 11•
1 D'~ FILED AIiU -ECUkt1t0 RuGER PWTP,lIS -
ST.LUCIECppJVTY.FLA. CIERIX CIRCUR COURT, SL LUCJE CO. Fill
ROGER POITRAS
CLERK CIRCUIT CO
RECORD f,'ER(Ft,:p_G~,~~t.~,,~ 4~j~8~
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(hereinafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that +f John Edward and Sheila Kowalski ,the Makerlsl of that
(Insert Namelsl)
certain promissory note dated the date hereof (the Notel, hd'#Y' hens, legal representatives or ass+gns shall pay to Mortgagee
the principal sum of S 7 r ~4~ • 74 as evidenced by the Note, with interest and upon the terms as provided therein, the final
maturity date of the Note and of this Mortgage being June 21 , tg $9 ,which Nore provides tftat
all installments of principal and interest are payable at the office of Mortgagee, or, at such other place as the holder may designate m
writing, and that each maker and endorser agree to pay all costs of collection, includutg a reasonable attorney's fee, upon default in the
payment of the Note, and that if default be made in the payment of any installment thereunder and that it such default is not made
good in accordance with the terms of the Note, that the entire principal win and atxrued, ~rrsed interest shall become due and payable
without notice at the option of the holder thereof; and shall perform and comply with each and every stipulatpn, agreement and cov-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vo+d, otherwise the same shall rema+n
- in fill torte. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
menu on said property; to carry insurance against tae on the building on said land for not less than s ~ ,approved
by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be hekl by the Mortgagee arW to keep the
bu+ldutg on said land in proper repair.
k This Mortgage shall secure not only existing indebtedness, but also such future advances, wheu~c: such advances are obligatory or
~ to be made at the option of Mort
~ gages, or otherwise, as are made within twenty (201 Years from the date hereof, to the same extent as
f ~ if wch future advances were made on the date of the ex_ station of this Mortgage, but wch secured indebtedness shall not exceed at any
j ~ V tune the maximum principal amount of s ~ plus interest, and any disbursements made for the payment t
of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch d+sbursements. Any wch future advances, whether !
~ oblgatory or to be made at the option of the Mortgagee, or otherwise, may be made ether prior to or alter the due date of the Note or
u any other notes secured by this Mortgage. This Mortgage a given for the specific purpose of securing any and aU +rxdebtedness by the
~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum prinapal amount set forth n this
~a
_ ~ paragraph) in whatever manner this indebtedness may be evdenced or represented, until this Mortgage is sat+sf+ed of record. All cove-
C ~ C-+ i nants and agreements contained in this Mortgage shall be applicable to a!I further advances made by Mortgagee to Maker under this
~ ~ t/1 ; future advance clause.
I z ~ O ( Should any of the above covenams be broken then the Note and all moneys secured hereby shall, w+thout demand, rf tf?e
1 'n ~ ~ Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collectwn anri
all p reasonable attorneys' fees, includ+ng costs, expenses and reasonable attorneys tees on appeal, ii collected by legal proceed+ngs or
~ ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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~ I IN WITNESS WHEREOF, the Mortgagor has executed th+s Mortgage as of the date fast above set forth.
Sgned, sealed and delivered
+n our presence: / /f t
~k(/' /C~ (SEAL)
i
Mort
•
ISEALI
- (Mortgagor
i STATE OF Florida ? +
St. Lucie 1
COUNTY OF 1 ,
f t i
s 1 HEREBY CERTIFY, that on th+s day, before ~R'~ffplr-duly author+red :n the State aforesad and m the County aforesaid
e Sheila Rowel fir{{ ;
d to take acknowledgments, peryonally appeared ~ ,~M~ ~~6`}he known to bt the person described
p~ ~
+n and who executed the forego+ng instrument arttt='~ t' Acknowledged before me that they executed tfte same. }
yej Y.i .t I- I
WITN'cSS my hand and official seal in the Cgt~ttj?.-ArtEd,`SfaLe lastaf his da of June
R A.O., 19 . r;;
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