Loading...
HomeMy WebLinkAbout0115 DIRECT HOME IMPROVEMENT - MORTGAGE ~63ss9 ~ $ " ~ 3 3 ~ W ITH FUTURE ADVANCE - THIS MORTGAGE, made tors 19th stay of - October A.D., 19 .79- , txrtween' - Ray D. Howe and Diann H. Howe, his wife___________-_ ~Ihinrtyagorl and Sun Bank of St. Lucie_County__ iMortgageel: I Name of Sun Bank j WITNESSETH, that Mortgagor, for and rn consrderat+on of ;he premises and rn order to secure the payment of the pnncrpal and rnterest on the note lac herernafter defrnedl, Mortyayor hereby yrants, assigns transfers and mortgages to Mortgagee, rtssuc~essorsaril _ : ~...r assigns forever, the toltowrng described real property rn St. LUCle _ County, Ftorrda, to wet: ~ Beginning at the SE corner of Lot 1, Block 1, of M.E. rn Goldsmith's Addition to the City of Fort Pierce, Florida, _ 1`" ~ as recorded in Plat Book 2, page 6, records of St. Lucie ~ County, Florida; from thence run West along the North err boundary of Orange Avenue, a distance of 100 feet to a point of hct~i nR ~ from thence run North along the West boundary r J_.- ii.;?' of Lot 2, a distance f?f 155 feet; thence run West a distance -b<.~~ of 65.14 feet; from thence run South a distance of 155 feet; from thence run East, a distance of 65 feet along the North boundary of Orange Avenue to the point of beginning. . ~ ~ ; II, THIS IS A SECOND MORTGAGE 453559 r, . ~ , J ! v n, t .l~~~-- 1t; s< n'^•s'T7r. tr •3: r?nuN~Lunrf:u ••r.i l r ~ STIUC!£C(3UNil:f;.lt. + 1 _-'_•~:r T:. • ',=.t~ ~r 111. ft06ERPOtTRAS • ,'3~ CLERK C!f.CUI~ U+ C1=:;3( G'~:.U~T L:,G::T,, ST. Lti-.E CO, FLA.~,~'~ ? ! ''`'n~. Y.: F!".:'. _ ' (herernafter referred to as the Mortgaged Property), arxt the Mortgagor does hereby fully warrant the title to the Mortgaged Property - and writ defend the same against the lawful claims of ail persons whomsoever. - PROVIDEO ALWAYS, that rf RaY D. HOWe and Diann H. HOWe__ the Makerlsl of that (Insert Namelsl) certain prom+ssory note dated the date hereof ithe Note), thole hcus, legal representatives or assigns shalt pay to Mortgagee the pnnupal sum of $ 5, 222.22 as evidenced by the Note, wrth rnterest and upon the terms as provided thereto, the final October 18 19 134 , which Note rovrdes that maturity date of the Note arxi of Ihrs Mortyage being P all rnstallments of pnnupal and rnterest are payable at the office of Mortgagee, or at wch other place as the holder may designate m wntrng, aril that each maker grief endorser agree to nay all costs of collection, rncludmg a reasonable attorney's fee, upon default rn the payment of the Note, aril that rf default be made rn the payment of any installment thereunder and that ri such default rs not made good rn accordance wrth the terms of the Note, that the entire pr rncrpal vim and accrued, earned interest shall become due aril payable without nonce at the optron of the holder thereof, and shall perform and comply wrth each and every strpulauon, agreement and cov- enant of the Note and of this Mortg:+ge, then Ihrs A~ortgage aril the estate heret~y created shall be void, otherwrse the carne shaft remain I rn full force. Maker covenants to pay the rnterest and pnncrpal promptly when due. Mortgagor covenants to pay the taxes aril assess- ! merits on Bard property: to carry insurance ayamst Irre on the buridrng on card land for not less than S n~a ,approved I by The Mortgagee,-wrth starxlard mo•tyage loss clause payable to Mortgayee, the policy to be hekl by the Mortq'+9ee ant) to keep 1Fte burtcfmg on sa+d land m Proper repair. t ! Thrs Mortgage shall secure not only exrsnng indebtedness, but afw wch future advances, whether such advances are oblryatory or ,^j to be made at the option of hlortgayee, or otherwwse, as are made wrthrn twenty 1201 years from the date hereof, to the carne extent as ~ such future advances were made on the date of the ex~cutron of Ihrs Mortyage, but such secured indehtt-•etness shall not exceed at any O U tame the maximum pnncrpal a:v~ount of $ _ n~a _ plus rnterest, anti any drsbur5ements made for the payment of taxes, levees, or insurance, on the hlortgayed Property, wrth rnterest on wch drsbwsements. Any such future advances, whether !a obligatory or ro be made at the optron of the Mortyaper, or otherwrse, may be made either error to nr after thr• due date of the Note or J any other notes secured by this Mortgage. Thrs Mortgage rs green for the Sp~Crtrc purl>nStr of securing any and ail rndebtedness by the ~ htaker to hlortyagee Ibut m no event shat! the secuntcf rndebtedness exceec/ at any trine the maximum pnncrpal amount set forth m Ihrs _ ,-a paragraph) m whatever manner Ihrs rndebtedness may ter evidenced or represented, until Ihrs Mortyage rs satisfreti of record. All eove- ~ Hants grist agreements contained rn this htortgan" :hat! be appircattlc to all further advances mac!r• by Arlortgayee to Maker under this 'J~ future advance Clau ie - 'y. v $hOWd any of the atrove covenants b.' broken rh•rn the Nnte and all moneys securest hereby shall, without demand, d the J x hlortyayee, so effect, at once become due and payable and this rnortyaye may be toredose--d, and all costs and ~xpen5es of r-OIIeChon arxl reasonable attorneys' tees, rncludmg cos*. s, r•xpr•nses arxl reasonable attorneys" fees on appeal, .f col+ected by krgal procetrdrnys or - u ~ through an attorney at yaw, shall b? pa Kt by :^r~ Maker, arxf the s+me are hereby secur.•(f. - ~1 ' - ~ IN tiY1TNESS WHEREOF. the ~:lnrtgago• has ex••cur~d the<, :?ortraayH as of ;h~ da;rt fast above set tooth. $;yr,Nd, r'aied and de:rverecf .n Our p•e5ence ~ ~Q~ _ _ - - ISEALI IPAort • ~ ~1~A~~~~-- t SE A L 1 IhlorRtayorl STATE OF Florida St. Lucie t couraTY of t l HEREBY CERTIFY, that o» this dav. before me, an offreer cfuw authnrr~ttt :n thee Starr aforesarrl grief :n the County aforesaid , iota. '+r- t0 takt' aiknpw~edgmeni5, PersOrtirt sred6- d~D.~r & Diann H• HOWe___ to me kno~r:rT to be the person described _ , a. - rn and who executed the fOreyprt~~f~t~ument at~d.~ •y`~...~j _ acknosofr~tiycKl trrfore me that --they executed the same. ' f ~ ~ -19th October WITNESS my hand and ol~rtt 1hej~Qi,nfY dRd Sate :ass .aoresar a - stay of ' rjy'T ' i • - ~ j~~X ~~GC ~ ~_..r : f- i ~r _ My Comm,ss:on Expires q • . , ~ ~ ~ tHGRARY It~K AAtE Of itOR101A AT Ub ~ CC . :r''' * ~ v ~ . MY f:OhtMISS10N pVIRQS AAA1f . iY;19g2 4-6014-0047 Rev. 8/TT r•e~ ~............~...-:.+r... +..c ++.,r-c..ui~rc~t