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HomeMy WebLinkAbout0049 . - i_ _t ~e? _ - _.SC=.- _ . _ _ _ . - _ . _ ~®RTCiiACiE 3 a ~ tot L 'T . THlS MORTGAGE. made thrs _ l~ ~ derv of Ss~tesber _ A.O-. 19 79 .between / Yoichi Miyalnoto and Ann J. Ki~afaoto, h1s wife (Mortgagor) and Sin Bank of St. Lucie County_ - - _ IMortgageel: - _ tName of Sun Bank1 WITNESSETH, that Mortgagor. (or arxt rn conudrratron of the premrSla and m order to secure the isavmrnt of the prrncrpat and interest on•the note las f?tremafler defrnedl, Monyagor hereby grants, assryns transfers and mortgages to Alurtgagee, its suc:essws and assigns /orrtwer, the (ollowtng described real property rn $~,r-o~^v~~- -County, Fbrida, to wit: Beginning at the Northeast corner of Lot 26, MARAVILLA SUBDIVISIQN, as recorded in Plat Book 7, page 31, Public Recorder of St. Lucie County, Florida, run Nest _ ~ 157.5 feet to the centerline of a 15 -foot vacated alley,rthence run Southwesterly along said centerline ~o intersection with the SfSUth line of said Lot 26, extended, - thence run Bast 157.5 feet to the Bast line. of Lot 26; thence-rtuL Northeasterly t:o the Point of Beginning. - rL (This is a Second Mortgage) - 4'`~~ Received a - l~{l :n Payment Oi Takes - Due On Class "O" p~N Pr~oparty, 19T9 SEP 20 AH i~ 4 ? Pursuant To Ctlapta.7t, t84„ r~ p f 1871. - 9~ FILEED AtiO R£CCitOEU R0~ SLLUCI~CO~TY.FLA. Clerk Clrctdit Cq~rt, Eyge, Fla. ~ - _ RO6E PvtTRA$ ~ _ i U I { mi p ~ -CLERK CIRrU1T LOUR • . ~ , ~ RECORD VERIFIED m n-{ oc iI!! 3D Iherernatter referred to as the Mc+regaged Propertyl; and the Mortgagor does hereby fully warrant the tale to the Mortgaged Property m ttt--~ and wni defend the same against the lawful dawns of all persons whomsoever. o Z,~ _ Yoiehi S Ann J. Miyasx?to _ ,the Makerlsl of that c D~ PROVIDED ALWAYS, that if m~~ O ilnsert Namefsl) . .,~-C ~ TI certain Womrssory note dated the date hereof Sthe Note1,-~h@~~- ~ws. Legal representatrw•s or assigns shall pay to Mortgagee r • . = : the principal sum of S -3x291+3~ as evwfertcea by the. Note, with interest-and upon the terms as provided therein, the final ! "~'S;'::fr ~ maturriy date Of ells Note and Of thK Mortgage being SQ~ptember 14 , 19 89 , which Note provdes that all installments of principal a~ interest are payable at the office of Mortgagee, or at such other place as thr holder may desgnate in 111 DtJi writing, artd that each maker and ardorse? apret to pay all costs of collection, including a reatxmable attorney's tee, upon default in the t7 payment of the Note, and that it. default be made in the payment of any installment thereunder and that rf wch default iS not made i .Jis good M accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable CaD poi without notice at the option of the hok/er thereof; and shall periwm and comply with each and every stipulation, agreement and cote enant of the Note and of this Mortgage, then this Mortgage and the estate hereby crated shall be vod, otherwise the same shall remain - CJ'f-ry in full force- Maker covenants to pay the interest and principal promptly when due. Mortgagw covenants to pay the taxes and assess- - meats on said property; to carry inwrsrttx against fire on the building on said lard for not less than: ~ ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be haled by the Mwtgagce and_to keep she - f burkfrrtg on said farad in proper repair: 7+ Thts Mortgage slwll secure not only existing indebtedness, but also such future advances, whether wch advances are obligatory or ~ to be made at the option of Mortgagee, or otlserwrsit, as are made within twenty 1201 years from the date hereof, to the same extent as V rf wch future advances were rttade on the date of the execution of this Mortgage, but such secured irwdebtedrtess shall not exceed al any ~ twee the maximum principal amount of S n8 plus interest, and any disbursements made iw the payment 'r-1 of taxes, levies, w rnwrartce, on the Mortgaged Presperiy, with interest on wch disbursements. Any such future advances, whether ~ ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made enher prior to or after-the due due of the Note Or 'U i-] any other motes secured by this Mwtgage. This flrbrtgagt is given for the specific purpose of securing any and aU wdebtednes by the ~ Maker to Airxtgagee (but in no even"t shall the secured indebtedness exceed at any time the maximum Drincrpai amount sat forth in this c~'d J•s~ paragraph) in whatever manner this rMebtedness may be evidenced or represented, until this Mortgage rf satisfied of recrxd. Ail cOVe- a' V' Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~ w' - tuwre advance clause. P* •rl p~ ~ to .x){ Should any of the above covenants be broken than fire Note and all moneys secured hereby Shall, without demand, it the U y ~l Aortgagee, so elect, at once become due and payable and this mo:tgaae may be foreclosed, and all costs and expenses of collection and ~ r-f Ot1i reasonable attorneys' does, inctudirtg costs,- expenses arxi reasonable attorneys' tees on appeal, if collected by legal Proceedings Or r I,,, ~ O`` throuyh an attorney at law, shall be paid by the Maker, and the same are hereby secured. _ i a, u ~ I ~ ~ IN WITNESS WHEREOF, the Mortgagor has Pxecutixi this Mortgage as of the date fast abow_ set forth. r-; - Signed, sealed and deliverrt rn our prase ~ ? ~ • (SEAL) 1 ~ • (SEAL( IMor ! I STATE OF Florida COUNTY OF St. Lucie ! •r + • _ 1 HEREBY CERTIFY, that-on this day, before me, an officer duly authonzed in the State aforesaid arghrtstx~f,Qunl oresaid - : - a . - - Yoichi bi Ann J. Miyallato to take acknowledgments, uersonally appeared to me knorrrr~to'bv_~'e~rtoa~ttfcr~ed ~ r +n and who executed the foregoing instrumMt and they acknowledged before me that exer~ted;fhijfutte. WITNESS my ha+d and official seal m the County and State Iav_aforessrd this .-1,{it}L-tiiYa ~~r~±~.:~t~a~ ;B .c t . A.O.. 19 --~Q - , r 1! , ~ pC Notary Rvohc ~ ,r•i~„t~q~,, a~~~~ PA6E NOIAl1f ~'fll+ cTa1r t!1f!'t L;q1 LARGE My Commission Exu+res k M: Cty.:1wGS10v f P•'.fS M.+Y . 26 1981 ~ J if{rj _.i J:2 ~ ;,rVik tM1RiiFRS