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Home My WebLink About2854 ~s_ _ , r - . _ DIRECT HOME IMPROVEMENT MORTGAGE 4~as48 _ WITH FUTURE ADVANCE I. _ THIS MORTGAGE, trade this 4th day of OC,IObBZ • , A.D., 19 79 ,between' Ruaene A. Yeckel and Doris Yeckel, his wife' Sun Bank O~ St. Lucie County r- tMortgaporl and (Mortgageel: (Name of Sun Bank) j WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to severe the payment of the principal and O interest on the note_ (as hereinafter definedl, Mortgsgor hereby grants, assigns transfers and mortgages to Mortgagee, its succoswrs and j soigne forever, tM tollowirq described teal property in St Lnci@ - ~t j - Ctrtnty, Fbrida, to wit:- _ _,,.I aD ~ PARCEL DNS: All that part of the following described property located West of p U.S. Highway No. 1. The North half of the following described property lying ] ~ i f f 1 Nest of the Old Dixie Highway. ~ Commencing 1C48~ feet South of the Northwest ~ corner of the B ~ of the. NW3c of Section 28, Township 34 South, Range 40 Easts I~ ~ f , run thence South 30 feet f thence Sast to the Bast line of said B~ of the NW3f thence North 330 feetf thence Kest to the place of beginning, except that part :i ~ ~i ~ • heretobefore deeded to right-of way for public roads, and to the Florida Bast adz ~ Coast Railway as ?aid across the described lands. lllZ ~ ~ ~ PARCEL TWO: That part of the North 70.45 feet of the South 165 feet of the ~ ~ North 13?8.5 feet of the East ~ of the Northwest Quarter of Section 28, Q_, 01(() N Township 34 south, Range 40 _$ast, on the West side of the. new U.S. Highway No. 1. ~--vl..: 0.' ~ PARCffi. TH : _ All- that part of -the South 330 -feet of the North 1048.5 feet ,npialllllllll o 'the E ~ of the NW~f of Section 28, Township 34 South, Range 40 Bast, lying, - `west of U.S.'Highway No. 1, EXCEPTING the North 20 feet thereof, ALSO SXCBPTING 1,~U ~ all RIGHTS-of-way for public roads, ditt:hes, and easement for utility lines. f979 ~1 -5 PN l2 03 RFCFiYFD s r/.lr IIf PAY3ScaT Ofj ft,Xfl `3S~• p A~i~~ _ GUc 09 Cl>;~S •C' IdIT!',SSiE PtR534!!1 PRUP'~(j f ~V ~ I~~C~i~ RAS PURSUANT Ttl CHAPTER 71-1°4, ACTS OF9~~ R06ER PUTFJIS C c~c cwGpT count, st. u~ ca, Fu, ~ ~c0~ ~~I~.o~. (hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby lolly warrant the title to the Mortgaged Properly and will defend tf?e same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Eugene A. & Doris Yeckel ,the Makerfsl of that - (Insert Namelsl) certain promissory note dated the date hereof (the Notel, tYle~r hers, legal representatives or assigns shalt pay to Mortgagee the principal sum of $ 5, 554.97 ~ 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 OCt~ber 2 , 19 79 which Note provides that ' all installments of principal and interest are payable: at the office of Mortgagee, or at such other place as the holder may desi^„nste in writing, and that each maker and endorser agree to pay all costs of eollec4ioS, including a reasonable attorney's tee, upon default ~.z the payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default is rtot-made good m accordance with the terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable without rgtice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- errant of the Note and o/ this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain e in lull force. Maker covenants to pay the interest and principal prgmptly when due. Mortgagor covenants to pay the taxes and assess• _ marts on said property; to carry inwrance against fire on the building on said land for not less than $ >?r/a ,approved by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to k eep the building on said farad in proper repair. _ - - - r ~ This Mortgage shall secure rwt only existing indebtedness, but also such future advances, whether suct? advances are obligatory or to be made at the option of Mortgagee, or otherwise, as are made.within twenty 1201 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 r m ( U time the maximum principal amount of S ri~8 plus interest, and any disbursements made for the payment 0 of taxes, levies, or insurarxe, on the Mortgaged Property, with interest on such disbursements. Any such future advances, whether ~ .,@j 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 i ~ any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the a Maker to Mortgagee (but in no event shalt the secured indebtedness exceed at any time the maximum principal amount set forth in this a Paragraohl in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove• cn .N Hants and agreements contained in this-Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~ future advance clause. ~ O Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, it the `p 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 f- b pq through an attorney at law, shall be paid by the Maker, and the same are hereby secured. Z ' IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth_ i ~ Signed, sealed and d livered in our presence. v ' - SEALI • IMo igagor - (Mortgagor 1 - "s"y`~'a--tea: STATE OF Florida ? °-~,~~.t' COUNTY OF St. Lucie 1 _ `sT: 1 HEREBY CERTIFY, that on ibis day, before me, an officer duty authorized in the State afor _ t~_ to take acknowledgments, personally appeared _ Eugene A & Doris Yeckel to me k i~.iss;E~ ~ r .n and who executed the foregoing instrument and they acknowl ,1.f - ~`P- f edged before me thal~" lI,R be, WITNESS my hand and offiaat seat in the County and State last aforesaid t:,ii 4 `~r: r. V. 1. Y 1, y. Notary Public . ee~~ Y Hllh C STATE R7i Ili: Lam.. BQOKJ~~ p~GE~49 MY Commission ~~M `co+`ulllssf+oN f7~11B~?6r19AI 4-8014.000.7 Rev. 8/77 60i40E0 TFfllll GBiiAL IN6. 11N0ERv.R1 iEfS ` - - - - i