HomeMy WebLinkAbout2551 DIRECT HOME IMPROVEMENT •
WITH FUTURE ADVANCE ~ ~
MORTGAGE 4~s13z - ~
THIS jN RTGAGE, made th,s _ 2nd day of November _ _ A o., 19 79 ,between
Patrick A Angiolilli and Susan P Angiolilli, his wife _ IMortgagorl ant,
o cie im y
- IMortgageel:
(Name of Sun Bank)
WITNESSETH, that Mortgagor, for and +n consideration of the premises and rn o,der to secure the payment of the pnnc,pal and
,merest on the note (as heremaRer def,nedl, Mortgagor hereby grants, ass,gns transfers and mortgages to Mortgagee, ,ts successors and
ass,gns forever, the follow,ng described real property rn St. LuCle County, Florda, to wit:
C,C.~;
t i
,;,'c'~~ Lot 15, Block 811, PORT ST• LUCIE, Section 32 according to the
j Plat thereof filed in Plat Book 14, Page 23, in the St. Lucie
1m, County, Florida, Public Records
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, r ;T,, This is a second mortgage.
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RFCEIYFD s~ IN P1'i',!ENT CF-T"Xfs SLLUCtr: C:;~'HiY.FtA
OUE 6!I CtD,SS 'C' !!!T.',`~t 3t~ is g' 1 PFn?.'FriTYr FtOGEk PQITF;sti
1 P4RSUANT TO ik;,?Tt a, :.Ca3 of N71. CLERKC(F.CUt7Ct~~U,/Ri
~ d- A~C4i F:.Ii ~:A:i 1 ~ - f.C rC 'ii i:~"t:~f g. -
CiFRK g11CWT COUBTr ST. iY.:;E CO.. ftli. ~t x
X65132
(hereinafter relerred to as the Mortgaged Property: and the Mortgagor does hereby fully warrant the tale to the Mortgaged Property
and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that if Patrick A Anai nl i 7 7; and ~1+LSe~1 P. ~ng~a',~ .
the Makerls) of that
[Insert Namels?1
certain promiuory note dated the date hereof (the Note1, their hens, legs! representatives or assigns shad pay to Mortgagee
the principal sum of 55,434.73 as evidenced by the Mote, w+lh interest and upon the termsas provided therein, the final
maturity date of the Note and of this Mortgage being NOVelflb@Y 2 , 19 89 ,which Note provides that
all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in
writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the
payment of the Note, and that if default be made in the payment of arty installment thereunder and that rf wch default is not made
good in accordance with the terms of the Note, that the emire ~-~~r•i~) win and accrued, earned interest shall become due arxf payable
without notice at the option of the holder thereof; and shall perform and comply with each and every stipulatgn, agreement and cov-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby pealed shall be void, otherwise the same shall remain
rn full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
ments on card property: to carry insurance against fire on the bu,lding on said land for not less than $ n~S ,approved
• by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee arxi to keep the
bu,lding on sad land in proper repair,
This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch 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
t,me the max,mum principal arrrount of S n a plus interest, and any disbursements made for the payment
- Q ~ of taxes, levies, or insurance, on the Mort Pro
- , gaged petty, with interest on wch disbursements. Any such future advances, whether
- obligatory or to be made at the option of the Mortgagee, or otherw,se, may be made either prior to or after the due date of the Note or
~ any other notes secwed by this Mortgage. This Mortgage K given for the specific purpose of securing any and all indebtedness by the
~ ~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth m this
- ~ ~ paragraph) rn whatever manner this indebtedness ma be evidenced or r 4a9e
I y epresented, until this Mort is satisfied of record. All cove-
_ ~ Hants and agreements contained ,n this Mortgage shall be applicable to a!I further advances made by Mortgagee to Maker under this
' future advance clause.
f
~ O j Should any of the above covenants be broken then the Note aril all moneys secured hereby shall, without demand, d the
i Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
~ i reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, ,f collected by legal proceedings or
= sJ ; through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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-1^~. IN WIT S WHEREO , [he Mortgagor has executed this Mortgage as of the date f,rst above set forth.
Jil
! Sx3ned, al d er
m our re nC jSeCJ-Q[~a~~
v ~~fSE"AL)
(Mortg or( ~
- n IsEau
(Mortgagor [
STATE OF Florida
1
COUNTY OF St Lucie
I HEREBY CERTIFY, that on th+s dayppb''efore me, an officer duly authori{~riwullrprrState aforesaid and rn the County aforesad
ro take acknowledgments, personally appPare!kf'trick A ~ Susan ~ rutlitl~C~~#b~me known to be the person described
~i, .T~_t..,,.I_ ; .
,n and who executed the foregoing instrument and -.411e~ ~ackn~}_(>E re ji? -that executed he same.
WITH S my hand and off+c,al seal ,rt the County and Stale last atbNes " d of
A.O., 19 •j~' '
.
Notary Per
nK J19 . My Comritrj~ - ~ 1hXl f r SATE ~ aofr!!M AT w~
3'1+l}f PaGE~i~~ tr R~~Sta+l FAIIB NR. 2s I9>!1
4-8014-00p-7 Rev. 8177 ~'~K INS, t~