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DIRECT HOME IMPROVEMENT MORTGAGE ~s9szs ~ 3~y
WITH FUTURE At>'VANCE • ' ~ a~
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-THIS MORTGAGE. made this . ~ 7th day of C°^*'°'''','1°'" , A.D., 19 ~.L`j.-_ . between'
Gortiai B. -Lv~xleest and Rebecca J his wife IMortgegorl and
Sta1 Bank of St . T~ueie - Omnty (Mortgegeel:
(Name of Sun Bank[
11NA00 WITNESSETH, that Mortgagor, for and in consideration of the premises altd in order to secure the payment of the principal and
31~f11 1Ni~S ~ ;nterest on the note (as hereinafter definedl, Mortgagor hereby grams, assigns asnsters end mortgages to Mortgagee, its successors and
} ~ ~ 1 4 ( : assigns forever, the Y,ilowing descrrbad real property in ~'~nt • aria County, Fbrida; to wit:
I t ! ! f, u s o v~ - INDIAN RIVER EStATES acoordi><tg to the plat thereof "
Lot 22 Block 79, Unit ~•9, ,
t ? [ I c ~ oti file in -Plat Book 10, on page 74, public records of St . haste Couity,
m#Z~ } Florida. _
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a; ~ ~sts s~P 20 ~ ~ 4 s R~eit?stl : ~ ParD~Mnt Of Tdfiit~
~ ~ j Due On Cldff~ -C••
CI1 y ,`I EO /~,0 RECCroEU Pwsudult To C ~M1K,
} ~ ST.LUC[E CWNTY. flA. ~e? 71,1
" Vic.-~ - ROGER POITRAS - DMA
CIERI~ CIRCUIT COUR R ~ , }
. ~ d D~ JIECORD VERIFIED CMrk Circuit Court, >Qt. tt~pM, E
thereinafter referred to as the Mortgaged Prapertyl; and the Mortgagor does hereby Cully warrant the title to the Mortgaged Property
and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that if r R,-f.. Rsa}spl~l~a T Ti>rtc~+~l ,the Makeris) of that
_ - [Insert Nameis)I
tx!rtain promissory note dated the date hereof (the Notel, f-~'~ heirs. i~gal representatives or assigns shall pay to Mortgagee
the principal sum of $ ~~~8- ~3 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 9-17-89 , 19 ,which Note provides that
all instalknents of principal and interest are pay~le at the office of Mortgagee, or at such other place as the holder 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
payment of the Note, and that if default be mach in the payment of any installment thereu_Mer and that if wch default is not made
good in accordance with the terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable
- without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and rxsv-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
` in full force. Maker covenants to pay the interest aril principal promptly when due. Mortgagor covenants to pay the taxes and assess-
f menu on said property; to carry inwrance against fire on the building on said land for not less than S llJB , ~o~
by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held b~ihe Mortgagee and to keep the
6 buikding on said land in proper repair.
This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or
to be made at the option of Mortgagee, or otherwrse, as are made within twenty (20) years from the date Hereof, to the same extent as
if such future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
m I ( time the maximum principal amount of S ~i/~ plus interest, and any disbursrrr~er,ts made for the payment
of taxes, levies, or inwrance, on the Mortgaged Property, with interest on such disbursements. Any such future advances, whether
11' , obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or
ttt pose of securing any and all indebtedness by the
Q I ~ any _other motes secured by this Mortgage: This Mortgage is given for the specific our
~ Maker to Mortgagee (but in rro event shall the secured indebtedness exceed at any time the maximum principal emrwnt set forth in~his
~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- _ E
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Hants and agreements contained in this Mortgage shall be applicable to all-further advances made by Mortgagee to Maker under this
~ future advance clause. i•
z ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the
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~ ~ Mortgagee, so elect, at once become due and payable and this mortgage may be forecrosed, and all costs and expenses of collection and
reasonabl? attorneys" fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or
s ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. E.-
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IN WITNESS WHEREOF, the Mortgagor has executed this MortgagR,as of the cute f st ve set forth_
~ ~ ~,ar~Rl !S
' Sgned, sealed aril delivered
in our prase e:
(SEAL)
ortgago
- AL)
tMort r)
' ~ Rebecca J . Luzdeesi -
STATE OF Flari(~S I _ _ -
- _ ' ~ f~
COUNTY OF St. IAICle I ^*i~ ~~~i 3.
I HEREBY CERTIFY, that on this day, before me, an officer duly authorized m the State aforesad _grtd•uittie~~ouQty afore~p
to take acknowledgments, personally appeared C~~~ R ~ +d,,~,{~,pyry~-„-. to me know(i,~Rb~,i~`s~'~e~Cry6ed
i~tnaai~raa -
rn and who executed the for=going instrument aril t'~ acknowledged before me that ~ elegt~fle same.`
- WITNESS my hand and oifit=al seal in the County and State last aforesaid this 171 tdayof""• 4 _
. t
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i M, r yA(~ ~ f.
Notary Public ~ ~ ~
My Commission E~"~~r ' '1 ~ . ~ -r~iefO~A.At•{,A~GE
. dK~~ ~ p~F M- CU '!1t• :Sr ~ : ; PiiFS MAY.26 1'i01
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