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HomeMy WebLinkAbout1145 ..r.- B ~ 5 DIRECT HOME IMPROVEMENT MORTGA E $ ~ $ ~ ~ ~YITH FUTURE AQVANCE 4 ~484'~ QQ THIS MORTGAGE. made thrs 28th ~ day of _ April _ , A.D., 19+~ , taetweer~' Ray D. Aowe and Diann H. Howe, his wife MMortgagor) and ~ Sun Bank of St. Lucie Co. iMorigageel; (Name of Sun 8ankj WITNESSETH, that Mortgagor, for and rn consrderatron o1 the premises and in order to secure the payment of the prrncrpal and - Interest on the note las herernafter detinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, hs successors and assrgns forever, the following described real property in _ St• LUCie county. Florida, to wit: Beginning at the S8 corner 'of Lot 1, Block 1, of M.B. Goldsmith's Addition to the City of Fort Pierce, Florida, as recorded in Plat Book 2, page 6, records of St. Lucie County, Florida; from thence run West along the North boundary of Orange Avenue, a distance of 100 feet to a point of beginning; from thence run North along the Weat boundary of Lot 2, a distance of•155 feet; thence run West a distance of b5.14 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. THIS IS A SECOND MORTGAGE Q ~QB~~ R 2: S7 Roo.iwd • ~ N ~ar~«~ a~ 1960 AP 29 Ph o~. ~ a«s 9Tl CIECtK11TY.FlA. P~tsuantToCh~7l,ti~,A~Ot1~1. ~ • ~tOGER POITRAS 8Q~ ~w~ CLERK CMtCU11 COURT Clerk Ckcuk CouA, tl. LANi~a p.1k RECORD 11ERtFiEil-_._-. r~ (herernafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the true to the Mortgaged Property and wul defend the same against the lawful claims of all persons whomsoever. N PROVIDED ALWAYS, that rt Ray D. Howe & Diann H. Howe his Wife the Makerisi of that ^Q' jlnsert Name1s1) ` f t + I certain promissory note dated the date hereof (the Note?, rheiY hers, legal reprezentatrves or assrgns shall pay to Mortgagee the pnnupal sum of S 9+468.80 as evidenced by the Note, wnh ,nterest and upon the terms as prov,ded therein, the final ~ t - ._•j,•• ~ maturity date of the Note and of this Mortgage being April 28~ 19 , wh,ch Note provides that '~l Ef-= • - _ all mstaliments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in ~ wrrtm and that each maker and endorser ' g, agree to pay ail costs of collectron, including a reasonable attorney's tee, upon default rn the i ~ ~ payment of the Note, and that rf default be made rn the payment or any Installment thereunder and that rf such default rs not made good in accordance with the terms of the Note, that the enure prrncrpal win aril accrued, earned rnterest shall become due and payable - ~ without notice at the optron of the holder thereof; and shalt perform and comply wnh each and every strpulatrpn, agreement and cov- enant of the Note and of [his Mortgage, then th,s Mortgage and the estate hereby created shall be vmd, otherw,se the same shall remain _ - m full force. Maker covenants to pay the Interest and prrncrpal promptly whrya due- Mortgagor covenants to pay the taxes and assess- ments on said property; to carry rnsurance against fire on the burlding on card land for not Iezs than S n~a ,approved by the Mortgagee, with starciard mortgage loss clause payable to Mortgagee, the policy to tre held by the Mortgagee and to keep the _ ! bu,tdrng on card land .n'proper repa,r. . Thes Mortgage shall secure not only exrst,ng indebtedness, but also wch future advances, whether such advances are obligatory or to be made at the optron of Mortgagee, or otherw,se, as are made w,thrn twenty 1201 years from the date hereof, to the same extent as rf wch future advances were made on the date of the execution of this Mortgage, but such secured indebreciness shall not exceed at any - U t,me the mazrmum prrncrpal arr,ount of $ plus interest, and any d,sbursements matte for the payment o! taxes, tev,es, or rnsurance, on the Mortgaged Property, w,th rnterest on wch disbursements. Any wch Future advances, whether - ,rj' obtrgatory or to be made at the optron of the Mortgagee, or otherwse, may be made ether prior to or after the due date of the Note or U any other notes secured by this Mortgage. This Mortgage rs given for the specnc~ purpose of :ecurrng any and all indebtedness by the _ O, Maker to Mort ra , gggee lout in no event shall the secured indebtedness exceed at any trine the max,mum prrncrpal amount set forth m this paragraph? in whatever manner this ,ndebterlness may be evidenced or represented, until this Mortgage rs 5ahst,ed of record. All cove- ~ a.i~ Hants and agreements contained rn this mortgage shall be appircatale to alt further advances mane by Mortgagee to Maker under this - ~ future advance clause- } O f _ S-a W ~ O; Should any of tha above covenants tae broken then the Note and a'I moneys secured hereby shall, without demand, d the - mortgagee- So elect, at once become due snit payafrle and this mortyage may be foreclosed, and aft costs and expenses of collectron and f - 1~' +easonabie attorneys' fees, including costs, expenses arxf reasonable atrorneys' fees on appeal, ri collected by legal proceedings or y pq! through an attorney at taw, shall be paid by the Maker, ar,cf the same are hereby securr<1. IN WITNESS WHEREOF, thr• mortgagor has execured this Mortyaye as nt tt+e date f,rst strove set forth. - Cn ' S,gnc'd, seal rid de.rvered ~n ou r errce - ISEAL) ' IMorty c ryry ih1ortgagorl STATE OF glorida I COUNTY OF St. Lucie 1 HEREBY CERTIFY. ±hat on ±nrs dav, before me. an officer dwy aatRtirved m the Sta'.r' atoresarrt and m the County atrxesard t •o 'awe ackno.v~edyments, personaflyf- D ~ Diann H HOWe_`____ ro me kncwn to be the person described 3 rn and who executed the f0+~~~'yv~ they acknowredyed tX3fore me that they executed the same. WITNE~~my hand artq¢7t~a~~(}tDtlhry-~,d State +as±.-,f resa this 28th day o --April _ , AD, 19 " r ; 5.~~; . c ,i.. ' ' - rya :4s s _ - ~ Nota•v Pub~rc ~iY r rt)'• r ff - a, y.-; by COT.•r1,5;,~i ~a~ff. STATE ~ iR+~~ g04Ktt~ PAGE~1 , , fir, ~•C,~ ~ Mr crDArtMtssloN E7ViRlS Nu?r. t<Z roet 4-6014-000.7 Rev. 8177 - Ep{~p ilIR4J GfNF~rAL INS. taT~IERWRIiE~