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HomeMy WebLinkAbout2329 • ~ ~ oIRECT NOME IMPROVEMENT MORTGAGE ~j~Jq~ ~ 3~`~ 7~- ~L'ITN FUTURE ADVANCE ~p~ `Fita7 THIS MORTGAGE. made ihes ~ 17th day ol A.U., 19 ~Q--- ,between' Edward H. Moore and Florine Moore his wife_____ _ lhlortyayorl and Sun Bank of St. Lucie county - Irmo„yayre,; lName of Sun Bank1 WITNESSETN, that Mortgagor, for and in consideration of the premises and m order to secure the payment of the pnnapal and interest on the note las hereenalter dehnedl, Mortgayor hereby grants, assrgns transfers arxf mortgayes to Mortgagee, its successors aril assrgns forever, the follow,ng described real property ut -~~a-1d1C~!`-~----------- County, Fbrrda, to wet: Beginning at the northwest corner of Lot 1 in B1ock.A of Maravilla Heights Subdivision as in Plat Book 5 at page 1, of the St. Lucie County Public Records, and run thence southerly along the West boundary of Lots 1, 3,5 and 7 in said Block A, 220 Feet snore or less to the southwest - corner of said Lot 7;. thence run East along the South boundary of said Lot 7 a distance of 89.5 feet; thence run northeasterly 220 feet more or less to a point on the North thence Fleet 100 feet to point of beginning. THIS IS A SECOND MTG f9~~ ~~R 2 ~ P~? i2~ 53 RECfri:O s 6 • 'Z-5 1!1 PA'flI~1R OF TAXE'~ FlilQ A hC Ff COItGE V cup G:1 cuss 'C' INT:~t. BLE P• csC+xl PROPERn~ ST.IUCIE CO TY.f~A. ~ S~ iUeSul31T TO CHAPTER 71-:~4, AGiS OF U71. CLEBj( CIRCUITTCjI ST R06ER PWi1tAS ~ _ RFtfljlti vfRmEa - ~ CLfliK QRCYR COWT, ET. LUgE 00., aA.~ _ _ - , ~ 43'725 thereinafter referred to as the Mortgaged Property l: arxf the Mortgagor does hereby fully warrant the true to the Mortgaged Property i and wcrl defend the same against the lawful claims of aU persons whomsoever. : t PROVIDED ALWAYS, that if Edward H. Moore &Florine Moore, His Wife _ ,the Makerfsl of that _ l .s ~ ?Insert Namelsl} - certain promissory note dated the state hereof Nhe Notes, their hems, legal representatives or assrgns shall pay to Mortgagee • ~ - 3,124 • 35 as ev;derced b the Note, with rrterest arxf u•xtn the terms as provided therein, the final = > the prmapal sum of $ Y f _ mawrfty date of the Note afxl of this Mortgage bring April 17, 1983- . vvhrch Note provrcfes that all installments of pnnapal and interest are payable at ?he office of Mortgagee, or at such other place as the holder may devgnate m f~ writing, and that each make. arxf endorser agree to pay all costs of collection, inctucfeng a reasonable attorneys fee, upon default in the payment of the Note, and that of default be made en the payment of any installment thereunder and that d such default rs not made - good in accordance with the terms of the Note, that the entire pr inapal win and accrued, earned interest shall become due and payable ! without notice a! the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage arxf the estate hr_reby crew?ed shah be voed, otherwise the same shall remain g - in full force. Maker covenants to pay the interest and pnnapal promptly whfyt due- Mortgayor covenants to pay the taxes and assess- 's i ' .q. menu on sa+d property: to carry insurance against fire on the bwlding On card land for not less than $ n~a ,approved ; by The Mortgagee, with ziarxfard mcxtyayr loss clause payable to Mortyagee, the poLcy to be held by the Mortgagee and to keep the 7 ' bu:kLng on said larxt m proper repair j ~ - - ~ J. ~ This Mortgage shat. secute not unty exerting indebtedness, but also wch future advances, whether such advances are ubfiyatory or j +-o be made at the option of Mortgagee, or otherwise, as arN matte within twenty i20i years burn tilt date +~rrrot, to the some extent as rf such lutwe advances were made on the date of the- c•xecutron of this Mortgage, but such secured mdebtc.'<iness shall not exceed at any _ U n a plus interest, arxf any disttursrments made for the payment t time the maximum pnncepal amount of S I of taxes, levees, or insurance, on the Mortgaged Roprrty, with interest on wch drstrursements. Any such future advances, whether ~ c ~ oblegatory or to be made at the optien of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or - U any othe+ note secured by taus Mortgage. This Mortgage is given for the g{)E'Ci1rc purpose of secur,ng any arxf all indebtedness by the _ a Maker to hlortya9ee Ibut in no event shall the secured vidrbtedness exceed at any time the maximum pnnapal amount set forth in this s e = paragraph) ,n whatever manner then mdrbtedness may tx' ev.dencecf or rep:esentrd, until ih~s Morty.lge es satisfied of record. All cove- - ~ ~ pants arxf ayrrrments contained m this Mortgage shall he appiicatNr to all further xfvancrs marf~ by Mortgagee to Maker under this CA future advance CeaU k' ' O - S-f W - ya p $I;ouid eny o} the ,at~o.•• covenant. he broken then the Notr and all moneys 5vcurerf hereby shall, vrithout dr-mand, rf the r x ?aortaage?, so elec?, at on%-P bfrcomr clue anti payable acrd ?firs mortgage may he foreclosc•ci, end ail costs and expchues of collection arxf }r reasonaf:;e attorneys' lees, enciud~nq costs, ••x penses arxf reasonable attorneys' fee, on appeal, .f collected by Ifrgal proc°rdinys or :i ~ though an a?torney at law, ,haU b.• paecf by the h"akr+, arxf tha same sire hereby ssrcured. +-1 ~ 7 IN WITNESS Wt1FREOF, the D~nrtgagn* ha, execursl then f`,lnrti~ye as of the ;fate f~rr, abcivf• to•rh. i - ~ ~ $.yned, sraircl and dr.wr•trc) - i .n O •e5e^fe _ ISEALI 1 - - - Ihtortyago•1 ' - - ~ - - ISEALI 4 - Ihlnrtgeyo~! STATE OF Florida i i COUNTY OF St. Lucie. ' I HEREBY CERTIFY, that on this day, oeforr me, an r~ff;eer du.y author~n_d m thq STatr~ efnresaal and ~n Tt:e Coumy aforesaid r f~rf.. Edward b Florine Moore •o !ake acknowiedgmrn;`~x~on~f?yv;i~{7Ld+ed to me kncwn to be the perwn desenbed r .n and vvho exrcuted~@~left~oofA•~---rh~ffft;rupfent and __srJl~-_ acknov~lecfgecf twforr me that ~1ey exrcutetl the same. • ' 17th ' WITNESS m,; Aa Ofj~!lln.tlte~ounty :end Stan. e toresa.d th~i flay of A- r~ it $ - f t ~ a - - - ,i, ,p. . ~ .";f N rv Pub'+c j•,OTl.kY Pl,I~:C STALE C>F FLORIDA AT LARC,E ` i L`~>L` ~ ~js!~: P. Commess~on Expires TAY CON!s115SiON EX?fAES C.C 19 1943 .:,f ''~!1~ BO:~JED 7r•F.U GC:_F::-1. Ir,~ t."•--:• ~,~I~~GG~' f 46014-0047 Rev. 8/77 T '