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Home My WebLink About1290 • ~ DIRECT HOME IMPROVEMENT MORTGAGE 451001 ~ WITH fUTURE AOVANCE - t _ ; ~ THIS MORTGAGE, mede th~s 6th ~Y o~ July , A.p.. 18 79 . between Frank Serafini and Janet E. Serafini, his wife IMort9ago~1 and Sun Bank of St. Lucie County IMo~t~ee1: ; (Nsme oi Sun Bank~ ~ WITNESSETH, that Mortpagor, for and ~n cons~derst~on ot the prem~ses a~d in order ro secure the payment ot the p~incipal and r mterest on th~ ~ote (as here~~aite~ del~nedl. Mo?tgago. hereby grants, sui9ns transters and matgages to 1?lortgagee, 1ts succeuo~s and St. Lucie suiy~s forever, the following d~scrbed reat property ~n County, Fb~~da, to wit: East 1/2 of Lot 33 and all of lot 34, Block 5, ` p°~ Fort Pierce Beach Subdivision, as per plat ~p thereof recorded in Plat Book 4, Paqe 58 and . Plat Book 8, page 29, Public REcords of St. ~ Lucie County, Florida u, Ilill4!!'~~O(n ~ ~ ~ r,0 o ~.o ~;r~~--~. ~ V llll r~C • Q ~ t"~ z r ~,~R+---~ ' G j D(n THI S I S A SECOND MORTGAGE Recehred ~ ~`S In Psymsnt Of tax~s ~ m D~e On Clau "C" intanpible Psrsonai Propfrty. o r„ ^'~~n ~ 451~1 Pursuent To Chapter 71. 134, Acts Of 1971. r . ~ o ~;i,~, .~~f ' ~t ROGER POITRAS 9a(,e ~ ,979 JUL I I a, ~ 3s ~~e.~ ~~«~n S~. Q ' ~~~~r- Q r 1 r`~~ fILEO ANC F.ECOrtQEO O ST.LUCIE COUNTY.fLA. w i~.i~ ROGER POITRAS Q q.ERK CiRCUIT COU~ , ~ i RCC~RD~'fR!FIc'~^._!~z Q ` O v~i (hereinaiter referred to as the Mortgaged Property); and the Mortgagor dces hereby fu11y war~ant the titie to the Mortgaged Property > and will defe~d the wme agamst the lawiul claims ot all pe?sons whomsoever. ~ Frank Serafini and Janet E. Serafini, his wif~ Q , t e Make~(s) oi that PROVIOED ALWAYS, that if z (tnse?t Namelsll w ~ ~ ce~tain promissory note dated the date hereof (the Notel, their ~;~s, representatives or assig~s shall pay to Mortgagee p the principal wm of S 5, 576. 98 ~ N~enced by the Note, with interest and upon the terms as provided therein, the final ~ July 16 84 maturity date of tAe Note and of this Mongage bein9 , l9 , which Note prov~des that Q principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in alt instaltments of miting, and that each maker and endorser agree to pay all costs ot collection, including a reasonable attorney's fee, upon default in ihe 1 ~ payment of the Note, and that if default be made in the payment of any installment therrunder and that if wch default is not made gooci in accordance with the terms of the Note, that the entire principal sum and accrued, earned interest shalt become due and payabte without notice at the option oi the holder thereof; and shall perform and compty with each a~d every stipulation, agreement a~d cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, othe~w~se the same shall remain in full force. Maker covenants to pay ihe interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on said propdty; to carry inwrance against f~re on the building on said land for not less than S n~a , approved by the Mortgagee, with starrdard mo?tgage.loss clause payab~e to Mortgagee, the pollcy to be held by the 1Aortgagee and to keep the ~'f bu~td~ng o~ said larxl in proper repa~r. I y.~'i Th~s Mortgage shall secure not only ex~st~ng indebted~ess, but also wch future advances, whether such advances are ubligatory or ~ ~ to be made at the option ot Mortgagee, or otherwise, as are made within twenty t201 Years from the date hereof, to the same exte~t as ~ p if wch future advances vrere made on the date oi the execution ot this Mortgage, but wch secured indebtedness shatl not exceed at any ~ ~ j U hme the maximum principal amount of S n~a p~us mterest, ard any d~sbursements made for the payment ~ i,~ ot taxes, lev~es, or mwrance, on the Mortgaged Property, with inte~est on wch disburseme~ts. Any wch tuture advances, whether + U ~ oblgatory or to be made at the optio~ of the Mortgagee, or otherwise, may be made e~ther prior to or after the due date of the Note or y i a any other notes secured by this Mortgage. This Mortgage n g~ven for the spec~f~c purpose of secunng any and all ~ndebtedness by the Maker to Mortgagee (but in ~o event shall the secured indebtedness exceed at any time the max~mum principal amount set forth in ihis ~ I yj parag~aph) in whatever manner this indebtedneSS may be evidenced or represented, until this Mortgage is satisi~ed of record. All cove- j ti~ nants and agreements contained in this Mortgage shall be applicable to all fu.ther advances made by Mortgagee to Maker under.thn ~ fucure advance clause. ~ ~j p Z p; x Shoutd any of the above covenants be broken then the Note and all moneys secured hereby shalt, w~thput demand, ~f the . J~-1~ G Mortgagee, so elect, at once become due and s>ayab~e and this mortgage may be foredosed, and all costs a~d expenses o( collect~on and + ~ reasonable attorneys' fees, ~nclud~ng costs, expenses and reasonable attorneys' ~ees on appeal, ~t collected by Iegat proce~d~ngs or s ~ 'D1 through an attorney at law, shall be pa~d by the Maker, arxl the same are hereby secured. ~ , ~ ? V~i u IN WITNESS WHEREOF, the A7ortgagor has exetuted th~s Mortgage as of the date i~rst above set forth. n ? - ~ i Sgned, sea! and delrvered in our pr e: - ~ , ' ~ ~!1 t [ t i~-~ ISEAL) ~ • (Mort r) ~ ~ ~ ~ ~ Al) ~ (Mortgagor ) ~ ~ % STATE OF Florida ' ~ ~ ' g ; .s,~.:,~` ~ ~ COUNTY OF St. Lucie - • ~ i `~;'~.1' ~ si•~ I HEREBY CERTIFY, that on ~;bafCre a~i~~oftic~r duly author~zed ~n the State aforesa~d and m the County aforesa~d ~ 'sSPaCt~fini and Janet E~~~~~ir~~ be ~ne ~ to take acknowledgments, pefsoqi~{r : to wn person descnbed ~ they ~n a~d who executed [he toregd~76Stre~ent a k~ow~ed9ed be(ore m? that executed the same. i~' " 6th July WITNFSS my hand and offic~~~~ty,~l af d th~s day o , A.D., 79 79 . ~r~ 6r _ . s. ~ e~.s~ . . ~ Qj? 4 ' ~ ~Ie~y Publ~c / l O l 3 } v~,. ~ , i~ ~ ~amm~ssron Exp~res: : aeo~4-o00-~ R~, em 3`l(iK 312 P~GE ~~0, ~ . . . -r . - ~ ~ ' =f , E,~~,~. o.~, ~ .