HomeMy WebLinkAbout2903 E~, MORTGAGE h ~ - ~ ti.l ~
4400
THIS MORTGAGE, matte th,s _ -19th (uy of March A p . 1980 , t,etween'
_ -~--dQ~on-------- - - - - - - IMOr tyagor l anA
Sun Bank of St. Lucie County________,~____._ _ - IMortyagee?:
INameof Sun Bank!
WITNE55ETH• that Mortgagor, for and ccsrderat,on of the preenr;es and +n order to ircure It,e payment o1 the Pr+nc+Pal and
interest on the note las heremaher drtmedl• M.~r:yayor hereby grants, assigns transfers and mortyagrs to Mortgagee. its successors and
$t. Lucie - ctru++, Florda, to wtt:
assigns lore:er, the Io1low+nq descr,bed real pre.:erty rn y•
Lot 13, Block 386, PORT ST. LUCIE, SECTION Z~dENTY FOUR,
as per plat thereof on file in Plat Bonk 13, pages 31
and 31A thru 31C, of the Public Records of St. Lucie
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County, Florida. . - - _ t
THIS IS A SECOND MORTGAGE c":~, ' : ~
_ _ _ _ - 15.i~!
= a o. 0 9 X80 MAR 21 ~M I1= 26
~ PAtlgEIIT Of TARE=
~ OUE Oft CLASS 'C' UiTAN6'eLE PERSONAL PROPERTY, S iLE~AEHQp0II~~t
fWtQE A•
5 ' S PURSUANT TO CNAPTE3 n- :I. ACTS OF »Il. ~ ~06Ett FUtTRAS
f >zosER Pc~Tw?s CLERK Cd~gl1T C T
CLERK 02LINT COURT. ST. LUCtE CfE. FLA. Qj-m RFC YERtF;EO~_
. 4400
Ihere;natler referred to as the r110rtgag(d Property. arxf the Mortgagor does hp+Pby fully warrant the t•tle to the hlortgagcd Property
and w+U deferxf the ;ame aya;nst the lawful clams of all persons whomsoever.
PROVIDED ALWAYS, that rf Gla~ys H. JOlulson _ • the Alaker!sl of that
1ln5ert Namelil
certan promissory note (fated ±he date hereof (the Hotel,--der--- hr~rs, :ega+ .rP•~ientat:ve; or ais,gns sh:,n pay to t,AortyageP
the pr+ncrpaf sum of 5 _10,043.24 as evafence(1 by the Note, wah rr~tereit o+trt upon thepterm;asprov~dEKf therein, thefrnat
maturity date of the Note arr.! of this Mortyage bcrmg -March 18th ly? , wh,cf+ Note p+ovrdes that
al: rnstaliments of pr+nc,pal and ,n?crest are Payable at the of}xP of Mortgagee, or at such other Place as the holder maY designate ,n
wra,ng, and that each maker anti endorser agree to pay all Coifs of collectwn, including a rra5onabte atiomey-s fee, upon default m the
payment of the Note, arx! that +f detautt be made +n the payment of any msiatlment thereurxlrr and ?hat d such default +s not made
good .n accordance with the terms of ?he Note• that the enure pr+nc,Pat wen arxf accrued, earned mtereit shall become due and payable
without nonce at the opuon of the hOkler therep(, arxl shall pe•rfo•m and r_ompiy ztirih,each and eiery sLpuiat,On, agreement and co~-
ena~~t of the Nose and of •hrs Mortgage, thin this Mortgage arxf the estate hrref,y c-ea**-r•cf shaS~ be void, otherwr;e the same shall remain
:n tu!I force Maker covenants t0 pay th.• ,nterrsi arxf pnnupal promptly when clue Mmtgayor cov(•nanti t0 pay the taxes arxf assess
- menu on 53rd propfKty. ?C carry ~'isurance aga•nsr fare On the bu:!d:ng On ;a+cf i:end for no°•~e;5 than 5 -_~4[_s~- . aPProv!•ef
- by the f\1r7rtgagee, vr,th starx7ard mrriyayN Ios•. cause payuhiP to Mo•tyaye•-, th•• p0`:cy to be h••k1 by •he A•inr,gayee .+nd to keep the
_ burid~n4 U
~ ia~d larxl ,n proper repair.
Th„ 1,lortgaye zhalE secure no± only :rx;s?+ng n(iebte•cfnes, t,u? also wch futu•.: dsJvanc"s, v: t•..•the• ;urn .xlva nee; .+re ub';ga?ory or
- to be r~.xf.• u' the oPr~on of f\lortgayBe, o• other,rne, as erc• marf•• w•thrn isven?y 12Qr years from the date herv•of, to the k;rnB extent as
I
( f Such tutu:? .>elvar.: ys :.e•e ma(fe on i^.e :f~t'• Otrt h,•• :•xrCUtinn of iha MOr?yiyv. Uut cU[in cecu•t'cf ~nrlrb?run(•SS Thai! not ••rrr•e(1 at any
Line. ?he maximum pr .nerpal amount of $ --_~1a_._____-_-_--- plus ui?ere;t, arxf any d•iburL•menti mad:r tOr the payment
E of taxes, levies, Or ~nswance, on th(• 0.lortyag••d Ptop•rriy. with interest On Such disbursements Any such future acivanctK, whether
Ot,•~,yatery or to i,e made at the opt+or, of the ttilo+tyagee, or otherwise, may be made e~rher poor to or aft'•r ih•• clue dare of the Note Or
+ny othr-• nOtea v~curY(1 ?7Y the ".1n-tyag:~. Tha ".lnrtg; yt' rc g.vE•n io, tr,e s,C"c:f~c pu-POSe of xcu•:ng any arxf ail <ncfebtednesi by the .
k'..nk•r to hlortyagce !i,ut ~n no ?dent shat! the recur(-tf ;rdeht(•tir.ei5 ~rxcee(1 at any trine ?he' max•mum pnnc+pal amount Set for?h m thri
- W•.iyraPhl rn wf?dteve• manner this ~rufet,terlnesi may tw ev.d•tnce'(1 or rep:esenn•r1, unr+l this ~:lortyayrr .s ;at.sfrerf Of r,y'n:d ASI cove
- - ~ ~ na^.•., d•:d d0r•'r[m e"tS COntU'n~•(7 m ?7,.; ".lnrtyage inaii t)e apps:C:+t)!e SO al: fUrths.r Ee(1YSn V•S ar7•• by *:10rtgag••e t0 PA:dkc~r Unrter this
_ Should ,:ny of at)O:•• ~^a•"ar~tz hr~ b•o•••n then ?h•• tirte and U:I mpn.~y; ycu..•r7 n_r Hby •~a:i ,thin' d•-m:,.-,•) t nc~-
` ~ i~.iu: iuagee, ~a e+ret, a? on!'e b!•epmr• one ar,O payanSe and ih ~s mo:tyag" may tw fon•C+n ;e!.f• and zit co;rs anr7 ••xpn n•s .f cn„ee?,on :;ntf
- - ea.an,ib:e at*orneVS' fees. ,nClu(f:^y U)S'i, ••xp••"~eS ar:(7 rPa50 •~abi- at?perry i~ fe~'e On app°a:• ? tni~ecs••d by :,.gal n•OU~•d mq5
*t,•n;,yh an ar.o•r•.vy at ia:v, >haii tt•• pa (f by th:1 A'aker, arxf the yamv- a•e hw.•by se_weq
- Ih YJITNESS WHEREOF, . -!1•, t:fage• a, ~•'VJ'•Y7'P~> 4!~r•7+~eyF 3, .n 'n•'t7at,. it aix~ 'c' -
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sraTE of Florida
co~NTVoF St. Lucie
HEREBY CERTIFY, That On ih,i day. br•r,• •no. ~ ~ d~,,~y -...,^.~r ,~•t1 i^• $ra• .•f;y.: r7 (:~•unry ;fnreSa41
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'O ',+k d.k^O V.:?dymrntS, pe'i~rMyY ~[$Y~arv&la_ dyS .IOt1I1SOI1 _ _ _ _ •n knc;v: to i,c- pier son d+r>c nbk(f
t t~~
ar•d a.ho ?xecuted e1t1~.•fD[pyq[.t*g +psLuat?nt and ark^o.: s7~.:•~f t,.•f:,... m•- •na; $il~._. •'xecutrKl the same
WITNESS my t>srt~,and o~f~al ,n the Csunty ,•,rf S•, a, ~~~;•d ~ , 19th rtay of March
A U . t9 - - ~ rr ~ , .
- _
F ' ~ ~OTAAYFU3!iC SiNsE CF FiCRID4 AT L~.R~
f y - lily C rt`^'-~Si~On Exp.+--
MY COAL:r.ISSIO~t E.ti?i.o .t'.:L f9 1v33•
dO,~1DcG T}iAU GE+`::A~= I.~> (l:w~A~et21fERS
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F ,t~ 14-000-7 Rev. 8/77 • • c + O
gent PAGE 2:~1J1.