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HomeMy WebLinkAbout1953 ~ i E 6 -$oooG,$/ DIRECT HOME IMPROVEMENT M()RTGAG 4 ,/irps2j L/ WITH FUTURE ADVANCE T T 1 O AG made thi 12th ~y of October _ . A.O., 19 79 .between A~o~~ .~~att~es anf~ riF~'a~t~S•atthes, his wi e _ (Mortgagor? and un o c e~.ounty (Mortgagee?: (Name of Sun Bankl WITNESSETH, that Mortgagor, for and in consideration of the premises aril in order to secure the payment of the principal and interest on the note :as hereinafter definedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, the following described real property in .St LuCle County, Fbrida, to wit: Lot 4, Block 182 of South Port St. Lucie Unit 14, a Subdivision according to the Plat thereof, recorded in Plat Book 16, Page 29 of the Public Records of St. Lucie County, Florida This is a second mortgage i 4s2ssz_~_ Racehred s In Paymsnt OI Taxst ~ ^ ' ' i~19 OAT l 7~' i 1 ~ ~ 7 uue on class ••c•• Intangible Personal proM~h. pursuant To Chapter 71. 134. Actft Or' ~9~t. ' i 3 3 3 7 FI~EQ ent' ~-ct.Ka: u ROGER POITRAS SLLUCIE tiC•~h ~ Y.Ft:.. rlwrf CII'CUR C.ou ROGER p01TRAS n. $t. ~i•. Co•, Fla. • z'O~i CLERK CIRCUIT CURT :I II ~ C~; P.ECffiD VERB t~~.__ - T~m- ~'Z (Mreinatter referred to as the Mortgaged P~opertvl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property i - _ r" _~m and wul defend the same against the lawful claims of all persons whomsoever. 1 a _ c,~ - 4 PROVIDED ALWAYS, that if Adolf J Matthes $ Maria R Dfatthes, h1S Wlfe ,the Maker(s) of that ~ v ' (Insert Namelsll •t_ ~ ~~11} ' certain promissory note dated the date hereof (the Notel, their heirs, legal representatives or assigns shall pay to Mortgagee r: T_i; I ` ! 3 2 as evidenced by the Note, with interest and upon the terms as provided therein, the final the pnncipal sum of $ .8 0.83 1 1 - ~~-.`I maturity date of the Note and of this Mortgage being ~tOber l2 , 1981 ,which Note provides that ~ ` f all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in O ~'rt ,l ~ writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the C 71 payment of the Note, and that it default be made in the payment of any installment thereunder and that if wch default Knot made Ci7 ~ good in accordance with the terms of the Note, that the entire principal wm and accrued, earned interest shall become due and payable Ll without notice at the option of the holder thereof; and shall perform aril comply with each and every stipulation, agreement and cov- errant 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 and principal promptly when due. Mortgagor covenants to pay the taxes arid assess- ~ ments on card property; to carry inwrance against fire on the building on said land for not less than $ n/a ,approved by the Mortgagee, with standard mortgage bss clause sayable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper repair. This Mortgage shall secure riot only existing indebtedness, but also wch future advances, whether such advances are obligatory or ~ to be made at the option of Mortgagee, or otherwise, as are made within twenty (201 Years from the date hereof, to the same extent as ~ if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any _ time the maximum prmcipal amount of $ n~a plus interest, and any disbursements made for the payment of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether - obligatory or to be made at the aption of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of secunng any and all indebtedness by the r Maker to Mortgagee Ibut in no event shalt the secured indebtedness exceed at any time the maximum principal amount set forth in this paragraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- ~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ future advance clause. ~ OI Should any of the above covenants be broken then the-Note and all moneys secured hereby shall, without demand, if the Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~L ~ reasonable attorneys" fees, including costs, expenses and reasonable attorneys' tees on appeal, if collected by legal proceedings or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. z J''` IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. ed, sealed and delivered in o r presence: Q ' ` G%CIf~L t~ (SEAL) (Mortgagor) li (SEMI 1 Mor tgagDr 1 sT E of FLORIDA COUNTY OF ST LUCIE I 1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized m •the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared Adolf J or I?laria R ~ tthes to me known to be the person described in and who executed the foregoing instrument and - t~]Q~y - acknowleilyeA befMe rtle that ~L.. executed the same. WITNESS my hand and offiual seal in the County and foresaiOlliis l2th ~y:of October , - Not Pub F, • I~AR/ MIILK STAR Of /(Ot10~A ~ stun Expires:'^ ~ ` rir aowur?Iss+aM o~ws ca . w +as 46014.000-7 Rev. 8/77 ~rf~~1~~~' orin~~~7~ o,nr~~~~ E••~•^•v..,,