Loading...
HomeMy WebLinkAbout1008 i. i DIRECT HOME IMPROVEMENT 4~",~/~Q5 ~ WITH FUTURE ADVANCE w~vv THIS MORTGAGE, mad! this 24 day of August , A.D., 19 79 , between' Elvin H. Raulerson and Julia E. Raulerson, his wife lfiAortgagorl and Sun Sank of St. Lucie County lMortgageal: (Nsmaol Sun eankl WITNESSETH, that Mortgagor, for and in consideration of tM premises and in order to secure the payment of tltaprincipal and intaresc on the role las hereinafter definadl, Mortgagor hereby gnn[s, s transfers and mortgages to Mortgagee, its successors and S~. Lucie assigns forever, the following described real property in County, Fbritda, to wit: From the Southeast corner of the Northwest Quarter of Section 28, Township 35, South, Range 39 East, running West 1094.62 feet for point of beginninq~ Thence North 86.5 feet, thence Southwesterly 260.5 feet, thence South to Okeechobee Road, thence Northeasterly on road to point South to Point of B~ginningf thence North to point of beginning. 0 N' i9T9 AU6 28 AM i~ 39 - F ; ~~O A~~NO R~~ECj~O~~pp 0 ~f~0 = ~N PAYIIEMT OF T S~WGERCPOITR.Af~A. OI?F ON CLASS 'C plfA1f8t8LE PER ~Et p.~tIRd11T T PtIRSUANi To •:WiPTER 71-134. Aug Of PRGPEpTYr ROGER POITRAS ~Yi. o - ~ RiE~ yEittl:fCO CiER~ ! COiIRT, tT 1~i Rpi. O i-s= ~ 456485 . ~ - 0 (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property _Q r and will defend the same against the lawful claims of all persons whomsoever. ~`n~; PROVIDED ALWAYS, that it Elvin H. Raulerson and Julia E. Raulerson ,the Makerl:l of that 1 ~ (Insert Namelsl) _ c':•i; their - . ~ certain promissory note dated the date hereof (the Notel, heirs, legal representatives or assigns shall pay to Mortgagee _ ~ y'~;:r the principal sum of S 6,154.23 ~ ~~~ced by the Note, with interest and upon the terms as provided therein, the final Q' ` maturity date of the Note and of this Mortgage being Auq 23 , 19 89 ,which Note provides that ~iy g; all installments of principal and interest are payable at the office of Mortgagee, or at such other place as the hokder may designate in writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the ~~w payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default is not made o ~ good in accordance with the terms of the Note, that the entire prrctcipal win and accrued, earned interest shall become due and payable _ ~ ~ c i a = without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- - 't ~i~ - - - - enarrt of the Note and of this frAo then this Mortgage and the estate hereby created shalF be void; otherwise the same shall remain in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay he taxes and assess- nJa merits on said property; to carry inwrance against fire 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 haled by the Mortgagee and to keep the building on said land in proper repair. ii y~i This Mortgage shah secure- nor only existir?g indebtedness, but atso such future advances, whether such advances are obligatory or - f ~ to be made at the option of Mortgagee, or otherwise, as are made wrthin twenty 1201 Years from the date hereof, to the same extent as U if wch future advances were made on the date of the ex lion of this Mortgage, but wch secured indebtedness shall not exceed at any T n)'a ~ ` bme the maximum principal amount of S plus interest, and any disbursements made for the payment p ~ of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch disbursements- Any wch future advances, whether .i ~ ~i U obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or otter the due date of the Note or { Q + any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the ![i I Maker to Mortgagee Ibut in no event shalt the- secured indebtedness exceed at any time the maximum prinapal amount set forth in this ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- `a N W Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ O future advance clause. z ~ ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the 5 tt1 Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys fees on appeal, if collected by legal proceedings or ~ through an attorney at law, shall be pad by the Maker, and the same are hereby secured. ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth- - i Signed, sealed and.delivered in our presen w s (SEAL) l gagor) i ~ r r' ~ ~ ~ ~ t ~ S1:A51 . (Mortgagor) ~e jam, r STATE OF Florida 1 ~ St. Lucie ~ _ 4 1 ~r j T ~ COUNTY OF 1 't 1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the St } ~ t f esi~ to take acknowledgments, personally appeared Elvin H. RaulersOri and Jill t { in and who executed ttv! foregoing instrument and fie` acknowledged befor' ! t r 211' slime. WITNESS my hand and official seal in the County and State fast aforesad th 24th . A.D., 199---. _ - 1 - ~ . - Notary Ptrbhc s My Commiuion Expires: *'`r ~ , < t 600K PAGE~~ ~Io-~Rrt»'fu?~~st~If~=-_.,,.~: ~~=t~l - Mf COMMISSION E701RES~?Y . 26 1951 46014000-7 Rlv. 8177 ~~:.,rtcn TMtu tfNESt/~ •+dS W~~A?UTfRir..r~..••.,.