HomeMy WebLinkAbout0236 DIRECT HOME IMPROVEMENT MORTGAGE 4~24p9
WITH FUTURE ADVANCE ~,i
THIS MORTGAGE. mile this ---2nd. stay o1 ____April - A D., 19 . be[wern~
John Joseph Mark and Faith MaYk, .,his-wife_______ ff4tartyayar) :rrx1
Sun Bank of St. Lucie Co. _ _ _ lMortyayrel:
- lName of Sun Bank i -
WITNESSETH, that Mortgayor, for arxf rn consideration of the premises and rn order to u•cure the payment of the principal arxf
rmerest on the note las here•nafter delinecfl, Mortyayor hereby grants, assiyns transfrfs and mortyay^s to htortyagrr, nssuccessorsarxf
assrgns forever, the IOIIOWrnq described rear property rn ___St._ LuCie_______________-_-- Coumy, Florida, to wrr
Lots 3 and 4, TRADEWINDS SUBDIVISION, as per plat
thereof on file in Plat Book 9, page 42, of the
Public Records of St. Lucie County, Florida.
THIS IS A SECOND MORTGAGE
_ i9~ aPR -s a~ ~ i s i o
R=, r..);::, s_ a/.g0 IN PAYµENT OF TARE=
4U _ f.f CL 5 •C• tt;TA~iG'HLE PERSQAAL FROPi:RTtf. F 0 AMD P? Cp~p~q
,~5 ~<;.:S:.Fl1+ TJ :71RTT~:: 71-i:.4, ACTS OF tl71. S~~
r~TR~fIA•
IiDGER POITRAS ~,~AKCl~tgilTtNMSt_Tp
• CL:RK CIRCWT COUST, ST. LUgE OQ. ~ ~ 1> vrRmEO.~~.
Iherernafter referred to as the MortgaytYf Propertyl: aril the Mortyayor does t)ereby fully warrant the true to the Mortgayr.•d Property
and wrtl deterxl the same ayau,st the lawful ctaims of ail prrions whomwever. -
- PROVIDED ALI'VAYS, that if John Joseph Mark_~nd_Fai *h Mark h{ G Wife ,the ~,lakerls) of that
• Ilnsert Namefsl!
cer[arc promissory note Dated the date hereof fthe Hotel, _-tYleiL-- ?)rirs, legal representatives or assrgns shalt pay to Monyayee
the principal sum of S 1U,898. SS as ewdenced by the Note, wrth rntrrest ani upon the terms as provided sherern,_thr final
' _ maturity date of the Note and of this Mornfage beuxt ___-aril 2 1990 _ . wh,ch Note proviJes that
a!I insiattmenK of ps:ncrpai ancf roterest are payable at the ofhcr of hlortyayee, or at such other place as the holder may drsrgna[e rn
_ wnnng; arxf that rack maker ani endorser agree to pay alt costs of coltec::on, including a reasonahle attorney's fee, upon default rn the
payment of the Note, anc) that rf default be made rn the payment of any installment thereunder and that rf such default rs not made
good rn accordance wrth the terms of the Note, that the entire pnnc,pat sum aril accrued, warned interest shall brcomedue and payable
without notice at the option of the hotcfer thereof, arxf sha!f p•aform and comply write each and every strpulat~on, agreement arxf eov-
enant of the Note and of this hlorty;)ge, then iha [\lortyaye arxf the estate hereby creat,•ef shalt be void, otherwise the same shall remain
.n full tome. Maker covrnanrs to pay the interest arxf pnncn)al promptly when due. fllorty;)yor covenants to pay the taxis arxf assess-
merits on said property, to carry rnsuranc-. ayairist fue on th•• buJd~ng on ,:rxi land for not less than S _ _ , approved
~i - by the f4lortyayee, with sian.hnd nurtyai;r loss dame payahu. t0 hlortgar;re, the poLCy to be h•~Id bV the hlartq_ dy._•+• and t0 keep the
I!~ - bwl[Lny on s;rid tan[1 m prayer rep,ur. •
This fe9ortyaya shall secure rot Onty ••x~strnq :ridebtednesi, bur also wr_h futurf• :xlvar.crK, ,whether such advances are obligffiory or
!E to b" rn,,dc at ih.• op*ion of h10r,g,,q.N, or other ~•:~s.• as air marl'- within tw+^)ty r20i y+•ars Pram the datC hYtt•Of, IO Ili{7 13mB f'%Ifint az
.uch fuiu•e a[ivance) were m;x1e on th•• elate n! rh« f•xecuiron of this hlortyul+•, but such Secur.Kl indebtedness shad not excrfd at any
kkk~ - O tr.n•• the maximum pr:nc~pal an-,oust of S _ _n/a__ _ ulus interest, and any ci~sburv~m~nis rna[l•r for th+• payment
U o4 raxrs. Iev~es, pr inyuranre, on the- P.lorigayrd Property, :vnh rntwest on such dist)ursemems. Any such 4uture advances, whether
41 obi•yaiary or to be n,arle ,,t the option of the Mnrtyayee, o+ otherwise, may be made either prior to or after the clue date of the Note or
.,ny other notes sf'CU'!Kl by trip, PA (,r if;Jy+•. Th,s btnrtgau'• rs given for the spfsifrc pu:p~:,se of vrcurrnn any and :)II indebtedness by the
- U Maker to PAor tyagre Ibut rn nn f:v••nt shalt rhr 5rrcurrd nxlebtedness exceed at any ume v)e max•mum pnncq)ai amount s;•t faith in this
- parayraphl m :rhatevrr mannw ;his ~rxlebt•rfness may b+• ev~dr•nu~f or rip.-es••ntfxl, until th;: htarty,erl•• 's Satisfrerf of :ecocd. All eove-
- ne•)t5 and .ryr:•dmr.riis rt)ntairntr} m rh:s !`,Ta•tya4e steel: br apphc;rt)le to all furthe• :xlvances rna[tr by R~torty:•yee to fA.:ker under this
C ~ `utu~e• .xlvanc2 cl,;u>•>.
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y„ w $howd :iny of rh~~ >b0:-• cr>,.i';r.+nt. ino~~n ;h••n rn.: Nah• and all mon:~y> 5eeur••rl hereby,hall, •nithour demand, rf the
O ?.lartyay•• so ••'ret, at a^~.• U+•com•• clue aria! ,,,yab'e :,rid ;tus mortyagr may be tarr•closrrf..,n;f ell COStS ,v:rl ••xpensr; of cniieeiron arxf
. ..1L •:atiOr. ;;b lr arta•neV~.' fees. ~nciud•nri crs+s .~xpenst•s and reasonabre atior nays- fees an appeal, :f ca'Iect.•rf by Ir•yal pmCef:cbngs or
ro .,.ouyh atta•r,py ai yew, :halt b•• R,nd by th•• I',,i.,krr, .end the i;mrr arr• tier+•by a•r;unKt
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_ IN yVITNESS;;JHEREOF,'h.•.'fnr•yeynr tia,r•x•r,,,.•tf rhi; RAortganr;,~:if 'he•dai.~ frsc ,rbw•: s.•t f.
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IGtor ru:, r i
Q.'11lc-+~r~C~ ~ ~U - lSEAU
sTaTEOF Florida I
rOU'vTY of St. Lucie
-
I HEREBY CERII~Y_ tfia:~on•i:)~s dav. t)'-'.tp•.. n;r a^ , du•y ,,,.:hor•~~rl th•r Seat- .;f rr. .•saaf „rid :n'he Caumy nf~ir esa Kl
•n :~i[e aCk'IO~.L :.•CZCmdhiS. Qer ~J{f.Y )oar Kf .iLhn--Jflsepll .d11LL -Fdl¦ ¦r sl~ld to rn.• Y.nG~::n +a bf' ihr per Y)n de:iC nbBrl
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..n :,:r.i r.ho rxe~V tfd Lung~~ ~ fnstftiLr4:nr dnd _the - - ti[kn:~~,-r;idlq•xl b~for.• m•. +hdT _ _ they .,¦r•t:u n•d ;hr S.imr.
S,YITN~$,$ my hand an$ r ~ r - _ - •
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UU Gf1fCtd1 1 ;n •i1o Cau• ,•f S• ::f ite~tt rte:, L.llii.- cLry -~1~----- -
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^.ty Commission Exn •esT'IOTARY PiJ3L:C STATE v^F FLORIDA AT LARGE
- • • ~ MY CO!~i'1: S 51 ON EXP I Rc5 DEC 19 19 8 3
. , Atvw. eu•[ <A 80t~D:G ihRU Git~EtZ'1L INS UNDERNIRITERS