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HomeMy WebLinkAbout0112 MORTGAGE 4~sss ~ 19th October 79 THIS MORTGAGE, made u,+ ^ _ _ A O . t9 , hi ~ween~ s _ day of - Dante E. &__Cheryl CyAt3kins - (MOrtyayor and Sun Bank of_ 5~,._ L~ci~~~----- fMo+r . grz?: WITNESSETH, that Mortgagor, for and +n consrderauon of the prrm+srs and rn order to secwe the payment of the pnncy: d and urterest on the note las nere+naher det+ntdl, Mortgagor hereby grants, asseyns transfers and mortgages to 6fortgageP, its succour+~sand ` ass+gns forever, fhe fotloweng described real property m . -___$t • Lucie _ _ _ County, Ftoncfa, ~ • wet. . r ~ l 11 • A parcel of land in Tracts 5 & 6, Surora Heights Subdivision, - as recorded in Plat Book 7, page 14 St. Lucie County, Florida, being more particularly described as follows: Beginning at the Northeast corner of said Tract 5, run West along the North Line of said Tract 5, 75.54 feet, thence run south on an angle of 8904' as measured from East to South 110 feet, thence run East parallel with the North line of said Tract 5, 118.93 feet to the East line of said Tract 5, thence run Northwesterly along said East line 118.90 feet to the point of beginning. .1 - ~ ~ RECEIVED S / / _f1'~ IY PAY!AE`T OF TAX66 ,i9 ~rT 24 ~ 2 OUE 04 CLSS-S-•C~'-1=4~~':,S AL[ F'SC,ti'.l Pi:OPEitTYr F~t;_~fr:.;.., r.: D t~~ PUR$UAiIT Tt) i a t= ~ 7~- 4, •.,,TS Of 1971. ST LUJ;IC LC;; ~ 1'eG~i~ 1'OY~?.i t CLERI( CIlit:Ut'T COURT, S7. LU-IE CO ~u L+'.~ i'!t r-;;;'._._ (t)erernafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the mie to the Mortgaged R-.,petty aril wnI defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that rf Danny E_ or Cheryl C . Adkins the Makerts) :f that Ilnsert Namelsl! certain promissory note dated the date hereof (the Note) }hP 1 T hens, legal representanvrs or ass,gns shall pay to Mt tgagee the pnncepal sum of S 5 , 516.14 _ as evidenced by the Note, wish miwest anti upon the terms as provided therein, r' a final matur+ty date of the Notr and of th+s Mortgage 1)e+ny __OCtOber 18 19 89 • whech Note prow).: •s that all rmtallments of pnnupal and ,merest are payable at the oHece of Mortgagee, or at such other ptxe as the holder may desrr gate rn wntmg, and that each maker and endorser agree ro pay all costs of colfechon, endudeng a reasonable attorney's fee, upon defau ' rn the payment of the Note, and that +f default be made rn the payment of any installment thereunder and that of such default rs nr • made good rn accordance with the terms of the Note, that the enure pnncrpal sum and accrued, earned interest shall become due anti ?yable wethout notice at the option of the holder thereol, and shall perform and comply with each and cwery deputat+on, agreement : tf cov enant of the Note and of th+s Mortgage, then th+s Mongage aril the estate heret)y creawd shalt br void, otherwise the same shat, . emam +n full force- Maker covenants to pay the interest and pnncrpal promptly when due. Mortgagor covenants to paY the taxes arxf assess- ments on card property, to carry msurencr against Lee on the t)urklrng on said land for not toss than S n1a _ , at uroved by the Mortgagee, weth starxfard mortgage loss clause payable to Mo+tgayrr., the poLCy to be held by the Moetgagee and to k ep the bwkfmg on sauf larxl m proper repan Th+s Mortgage shall secure not only e•x,•.imy ;'Idrhtr4l11.'SS, (1111 also wch future :Ntv,mciy, whether such a(lvar>cea are ohlN~. my or to be Ta[1P at the option of Mortgagee, or otherwise, a•, are m:xb• wrTh+n twenty 1?01 y.•ars from the date hereof, to the same a Vent as ,t wch tutwe advances were made on thr• elate of the .•xecut+on of th+s Mor tys;.•, but orclT secured mdebtetlnrss shali not rxceY•~ al eny time the maximum pr+ncrp,+l amOUnt of S n/a - . _ r p4r. uN,•n•.t, .uxt any drsbursrments matte for then yment of taxes, levees, or insurance, on the MnruHxtrd Prnpwty, w+th +ntr••rst on wch drsl)u+srrnents. Any such luture advances, ^.ether - obLyatory or to tie made at the opiwn nl the Murut,Np•r• u+ othe+wese, may br• matte ruttier pnOr to nr alter thr• due date of the :ntfi or any ether nOte~ securr~cf by th+s Mtrtyayc. This Multrpnlr n urvr•n for rh.' s{er•erhe pu~p•+sr of Securing any aril dtl rndebletlnrs• ~)y the Maker to MOrtyagrr (but m no evw)T ,hall the ywnvl mdebtetlness exce+v: et any f unr the. maximum print+pal amount 541 fort, n thK - paragraph) rn whatever manner this +rxlebtrtinrzs may t>P rv+denc.wf or r.•p.esentM, unt+i ttr+; Mortgage a s:ttestred of record. i cove- Hants and agreements contalntd rn Uns FAortgacu shall hr apphaei)Ir to :ell luriher ;Nivances made by Mortgagee to Maker ur• rr this furore ,rdvance clausr_ Should any of the .rt)ove c,rv. Hants tkr b•ok.•n then th+~ Nnir arxf alt moneys s+•w+wl hr_rrbY tit+:ell, wrthout drma++, J the R1ur tyagee, w etrer, at our a becorne due, and poyablr and thn mortgage may tx foredou•rt. and :.II costs antl expenses of roi .x nand - f~; rrawn3t)te attorneyc• fees, rncludrnq cnsis, .•Rp+rnsr•s arxf rrawnattlr atto+neys' ter; on appeal, ,f collected by Irgal prose+~ ,ys or through an attorney at tasv, shall br partl by the Maker, arxf tt;e same o,r her••by teetered - ~ IN WITNESS WHEREOF, the Mn• tyayor h:+s exeeund !h+; filer*,r];igrr as of the dan• teat at)nv.~ sr! forth - $.yr rc~, seatrcf .;rxf de .ver~•d •n uq presence i! • H ~ x// ~ D E r,rl f kips - Cheryl iMortyago*1 Adkins STATE OF Florida ' St. Lucie ~ COU~iTY OF HEREBY CERTIFY, r,at a~ rn ;day. befcre me •.>`f;err duty authont~Ki .n tn.• $t.,t~ afnr.•sa.rf and rn the Cor:nty •rsaTd ru •akr a[k^o:.:wiyrnen•;• pe•cnn,,iiy .+ppe:u.•d Danny _ & , ._CheryZ_._~dkins-. to mr kr.ov;n to be the person n~ .cubed ,n ;r•..) ~,h0 taxecutect the }o•••uu+ny ~•.;trumeni and --_the~7 _~~„i. i+G~CnUI!L:~fgw1 tN•for+• nu, that t}1e~7 vxecutrd t~~e tame. lY1TNESS my hand , ^rt „rf,~,ai ;••ar :n th•r Cnur,Ty ,3,u) Stetr ias+ +t rr>arU,t~is 1 th__ day of October -~9 4,~~M _ , - AD, t9 NO:mv p~eh 1+ J-_ - r F.'ly t^VrrR115)IQIi Exprr.'s 4-6014-000-7 Rev. 8/77 ~r, , aa~~9 r~ ~ ' ~°c~?~ E~~ 3 ~9~