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HomeMy WebLinkAbout0153 DIRECT HOME IMPROVEMENT , MORT~AGE ~ W1TH FUTURE AOVANCE , 4~68 ~ THIS MORTGAGE, made this 1S~ day oi J~~ , A.O., 19 . between Harry Repucci and Mae P Repucci, his wife ~ _ ~,~o~,~~? Sun Bank of St Lucie Coimty - ~~Mo«~~: INameof $un Bank) WITNESSETH, that Mortgagor, tor and m co~s~de~at~on oi the prem~ses and ~n order to secure the payment ot the prmNpal and interest on the note (as he~e~nattar det~nedl, Mortgagor hereby grants, au~g~s transfers and mortgages to Mortgayee, ~ts wccessors and auigns forevM, the followmg deunbed real property in St I't1Cle CouMy, Fbr~d.i, to wit: - Lot 10, Block 253, PORT~ST. Li1CIE SECfION FOUR, , according to the plat thereof, as recorded in Plat Book 12, ~ pages 14A through 14G of the Public Records of 5t. Lucie \bj~ Coiu?ty, Florida. a.a+,?.~, 9. 9~ ~'.~«~e aT.~.. ow o~ c~ss. ~•c.. ~ncan~iw.~son.~P+rov.rh pwsusrn To Chapt~r 71, 134, llay p~ 1~71. • p0(3ER POITRAS g ~ ~ ~'1e?w C~rcuit Court. St. LuCN. CO., FI~. ~ ~ STATE ~-~F Fl._r?F?;~~~ 1 DO:~UlVlENTAKYr''._...,:,,.~iTj~_zV.Y- i' ' pEa . RcYENJr # , ~ ' 2 ~ _ - i 5. 0 0 ~ :~~9 .l:", ~ 03 . .)~Y2}'~Si rS'~a ~ ~ - ~Qe~~ ~ ? ~ - 4~~ ftl£D ANC Gi:r,irrU ~ 3T.lUCtE C~UNTY.FI.A. ROGER POiTRAS . CLfRlt ClRCI!'.T COllR ~t£CC"D 'J_':".IF':C_~_~~.~"`" _ (here~naiter reterred to as the Mostgaged Propertyl; and the Mortgagor does hereby tulty warrant the t~tle to the Mortgaged P~oper~y and w~~l defend the same agains~ the ~awiul clawns o( all persons.whomsoever. PROVIOED ALWAYS, that if ~xl~ R~11CC1 and Mae P ReQ,ucci his wife , the Maker~sl of that [Inse?t Name(sll ce.tain promissory note dated the date hereof (the Note), their heus, Iega1 representatrves or assgns shail pay to Mortgagee the prmapal sum of s_~~65.23 as ev~de~ced by the Note, with ~nterest and upon the terms as pronded there~n, the i~nal matunty date of the Note and of this Mortga9e being JUlle 26 , lg 83 , which Note prowdes ~ha~ all installme~ts of prmc~pal and ~nterest are payable at the ofi~ce of Mortgagee, or at wch other place as the holder may designate in wrrting, and that each maker and endorser agree to pay all costs ot collect~on, +ncludmg a reasonable attorney's fee, upon default in the payment of the Note, and that if default be made in the payment o( any installmeot thereunder and that ~f wch defauN K not made ~jood u~ accordance with the terms ot the Note, that ihe entire principal wm and accrued, earned ~nterest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply wrth exh and every st~pulation, agreement and cov- enant oi the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vo~d, otherwise the same shall remain in fult torce. Make. covenants to pay the interest and principal prompily when due_ Morigagor covenants to pay the taxes and assess- ments on said praperty; to carry inwrance aga~nst fre o~ the bu~lding on said land for not less than S~f a , ap{xoved ~ by the Mortgagee, w~th riandard mortgage bss clause payable to Mortgagee, the po1Ky to be held by the Mortgagee and to keep the build~ng on sa~d land m prope~ repair. . i I ~ Th~s Mortgape sha11 secure not onfy existing ~ndebtedness, but also wch future adva~ces, v?nether wch advances are ob~gatory ar ~ to be ms'de at the option of Mortgagee, or othe~w~se, as are made wrthm twenty (20) years from the date hereol, to the same extent as Ii wch future advanca were made on the date ot the execution oi this Mortgage, but s:uh secured ~ndebtedness shall not exceed at any i 'y i~ I t~me the max~mum prmc~pal arnount of s n/a plus mterest, and any d~sbursements made tor the payment i w of taxes, levies, or mwrance, on the Mortgaged Property, wrth interest on wch d~sbursements. Any wch tutu!e advances, whether - oblgatory or to be made at the opt~on ot the Mort9agee, or otherwise, may be made eithe. prior to or after the due date of Ihe Note or ~ y ' any other notes secured by thK Mortgage_ ThK Mortgage is grven for tl?e spec~f~c purpose ot securing any and a~l mdebtedness by the ~ i,~ Maker to Mortgages (but m no event shaN the securcd indebtedness ezceed at any trne the max~mum pnnupal amount set forth n thK , j~ paraqraph) in whatever manner this ~~debtedness may be ev~denced or represented, until thls Mortgage K satisf~ed of retord. All cove- na~ts and agreements conta~ned in thK Mortgage sha11 be appl~cable to all turther advances made by Mor~gagee to Maker under thn ~ ~ tuture advance clause. ~ ~ ~ ~ z Should a~y ol the above covenants be broken then the Note and all monpys secured hereby shall, w~thout demand, ~i the r' 10 ~ Mortgagee, so elect, at once become due and payable and th~s mortgage may be toredosed, and a11 costs and expenses of col{ect~on and ~•-1 ~4 reasonabte attocneys' fees, ~nclud~ng costs, expenses and reawnable attorneys' tees on appe0l, ~f colletted by legat proceedmgs or = I I~ through an attorney at taw, shall be pa~d by the Maker, and the same are hereby secured. ~ ~ ~ j~ ~ IN WITNESS WHEREOF, the Mortgagor has executecf th~s Mongage as of the date inst above set tonh. ~ O~ ~ ~ ~-'v' ned. sealed and delnered s ` m o presence: ~ ` ~ (SEAL) ? . ~ Puc r 1 3 ~ ~ _ (SEAI) ~ i ~ P~{~laortgagor) i $ . ST E OF Florida 1 1 ~ UNTY OF St I ilC1C 1 } Y 1 HEREBY CERTIFY, that on ~Msr~y, before me, an of(~cei duly author~red ~n the State aioresa~d and ~n the County a~oresa~d ~ ~ ..t,,~ II ~ to cake acknowledgments, pKSOns11y_,~~~. ~Y'Y'Y ~~e P Repucci to me known to be the person descnbed ~ m and who executed tt?e fo~aqqmp ~nstrumN~it and t~1~ acknowtecfgE.d before me that thev executed the same. ~ WITNESS my f?andtntf oi(~ual se~Lin sJ~e County and Stat oresa~d ihn 15th day at `j~e , ~ A.D., 19 . ' . . ~ ~ ~ . , . ~ - Notary ubl f • s t'~ ' ~'~'~?9rE' a ~10~10~ At t/1b 's ~ ' - - - R