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HomeMy WebLinkAbout2929 . i DIRECT HOME IMPROVEMENT MORTGAGE ~lSO~~ • / wITH FUTURE A~VANCE THIS MORjGAG E made. this St~l ~Y o~ July A p 19 79 ~~w~ Maria Beke (Mo~tgapo~l and Sun Bank of St. Lucie County 1nno~c~ee1: (Name oi Sun Ba~k) WITNESSETN, thst Mortgagor, for and ~n cons~derat~on of the prem~ses and ~n order to mure the payment of the D~~nc~Wl and ~nteres~ on tha note (as here~naiter def~nedl, Mortgagor nereby grants, su~gns transfers and mwtgages to Mortgagee, its wccessors and ~ St. Lucie " au~gns forever, the following descnbed reai property ~n Coun~y. Fbrda, to wit: Lots 12 and 13, of Block 1, of EDGEWOOD ACRES, as per plat thereof recorded in Plat Book 10, page 3, of the Public Records of St. Lucie County, Florida. ~ ~ 0 z ~ ,1~" a 4~~~ RECfIYEO t iN PAl'~;riT ?"X':. z DUE ON CIASS 'C' lN?Al16i91E PfRSOti~:I ~nTr. ~j~ PURSUANi TO CIUIPTER 71-134, ACTS Of 197L • } ~ ~ ' R08ER PQITRAS ' ° •.9~9 JU' -5 PH ~2 . c~~ axa~r c~, n. wc~ a. fu. ~i FILfO AHE~ f:~.~uhU~U ~ SLLUCfE CGUNiY.fIA. ' ROGER POITRAS ' r CIERK CIR~UtT CCU ? c ~~~j THIS IS A SECOND MaR'I'GAGE : u: R-C^uRQ':~.°'~ ~ ~ 2 ~ , ~ ~ t :,C~~t - (hereinaiter referred to as the Mort9aged Property); and the Mongagor does hereby tutly warrant the t~tle to the Mongaged Property ; r _ s ".L i and w~~l defend the same agai~st the lawful claims of all persons whomsoever. ? 3~~ m---~~ PROVIDEO ALWAYS, that if Maria BPaCe , the Makerls) of that z < Z mf (insert Namelsll - w ; ; ~ certai~ prom~ssory note dated ttia date hereot (the Note?, her ~,rs, iegal representatwes or ass~gns shall pay to Mortgagee 4,125 06 ~ ! 7; the princ~pal sum o( S ~ as ev~denced by the Note, w~th ~nterest ancl upon the terms as prov~ded there~~, the final ^ ' :..y:r . ~ maturity date oi the Note and o( this Mortgage be~ng July 16 , ~g 84 , Which Note prov~des tha~ ~ all installments of rmci t and mterest are p~ace as the holder may designate in ; r;• p pa payable at the of(~ce of Mortgagee, or at wch other l g, ag pay all costs of collection, includmg a reasonable attorr?ey's tee, upon defautt m the ? vwitin and that each maker and endorser ree to t j' paymeot of the Note, and that if default be made in the payment ot any installment thereunder and that if wch detautt is not made ~ gootl in accordance with the ie+ms oi the Note, that the entire principal wm and accrued, ear~ed ~nterest shall become due and payabte without r?ot~ce at ihe option of the holder ihereof; and shall pertorm and comply rvrth each and every st~pulatw~, agreement and cov ~ ~ enar.t of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vo~d, otherwise the same zhalf rema~n ' ~n full (orce. Maker covenants to pay the interest and prrt?c~pal promptiy when due. Mortgagor covenants to pay the taxes and assess- i w , ' n~a 0 ments on said property: to carry i~surance agamst f ire on the bu~ld~ng on sa~d land for not fess than S , apyroved - by ~he Mortgagee, wirth standard mortgage loss clause payable to Mortgagee, the polky to be held by the Morcgagee and to keep the ~ bu~~d~n9 on sa~d Iand in proper repair. 4 f i ~ This Mortgage shall secure not only ex~sti~g ~ndebtedness, but also wch future advances, whether wch advarxes are obl~gato?y or ~ to be made at the option of Mortgagee, or othe+w~se, as are made w~th~n twenty (201 years (rom the date hereof, to the same extent as ~ ~f wch tuture advances were made on the date oi the execution oi th~s Mortgage, but such secured ~ndebtedness shall not exceed at any ~ _ U' t~me the max~mum prmcipal amount of S n~a plus ~nteresi, and any d~sburseme~ts made for the payment ot taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether E ' i - obl~gatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~ther pnor to or after the due date o( the Note or ~ a~ other notes secured b thes Mort Thfs Mort ~s ~ven for the specrf~c purpose ot yecunn an and a11 ~ndebtedness by the U' Y V 9a9e• 9a9e 9 9 Y - R':aker to Mortgagre (but m no event shall the secured ~ndebtedness exceed at any t~me the max~mum pnnc~pal amount set (orth m this paragraph) in whatever manner th~s ~ndebtedness may be ewdenced or represented, unul thls Mortgage ~s sat~sf~ed oi record. A~I cwe- ; I - nanis and agreements conta~ned ~n th~s Mortgage shall be appl~cable to all further edvances made by Mortgagee to Maker under thn future advance clause. - C~: ~ ' a ~ p' Should any of the above covenants be broken then the Note and a11 moneys sewred hereby shall, wrthout demand, +f the ~ ~ ~ Mortgagee, so elect, at once become due and pavabte and th~s mortgage may be toreclosed, and all costs and expenses of coilect~on and f reasonable atto~neyz' tees, mNud~ng costs, expenses and reasonable attorneyz' ~ees on appeal, ~i collected by iegal proceedmgs or ~ i through an attorney at Iaw, shall be pa~d by the Maker, and the same are hereby secured. ~ ~ ~ ' IN WITNESS WHEREOF, the Mortgagor has ex.cut!d th~s rdortgaye as of the datr fust aoove se± fo~!h. a ( . ~ = wI > Sgned, seaied and de~wer¢d ' ~ in our presen ~ ~~'~~1 ' ~ _ ISEALi ; , (Mortgeqor) a ~ ~~„(~~t~[. ~jz- ISEAL) x i - --------{hlortyegorl ~ STATEOF Florida ) St. Lucie ~ - COUNTY OF 1 . r s t HEREBY CERTIFY, that on ~h~s day, before me, an ot(~cer duiy authonred m the Sta[e aforesad and ~n the Couoty atoresad ~ Maria Beke ~ R to take acknowledgme~ts, perzonalty appPa~ed to me known tQ~l~~~pp~pn descnbed # ~ m and who executed the foregomg ~nstrument and She acknowledged befo~etrlne that ,tatl 4hn same. ~ n Y ~ WITNESS my hand a~c1 o~f ~c~al seal m the County and State last a~ore>a~d th~s - dd ~ f•` . ~ A O., 19 ~y~ - ~ • ; ~ NoTary P.ubhc ; j'eRY P.'Itl~ tT~~'f~ ~Lbt?0~ VR('.a~e~ k 311,A~t 292? My Comm~ss~on Ex~re~,~ ~~RES AA~Ytif~~I~I - BJJR a - , ~ v~c , ?~.~u t,~~u ~ r~ :x9qc~•wir . • ' ~i 6014 000-7 Rev 6/77 ~ E.~Ijr... a.n. ~