HomeMy WebLinkAbout0400 ~1
~Ss- ~r3~eS9 ~ ~
DIRECT NOME IMPROVEMENT MORTGAGE 49330 ~
WI7H FUTURE ADVANCE
. THIS MORTGAGE, made thrs 17th day of J1~ly A.O., t9 ,between'
Andrew Jay Lewis and June Lewis his wife (Mo?tga9orl and '
Sun $g~ of $t • Lucie Cow IMortgageel:
tName of Sun Bank) i11
WITNESSETH, that Mortgagor, for and m consrderatron of the premises a_nd in order-10 securerttse-payment-t>t-tf+eprrncipaia
_ - - . _ _ interest.oaths--not4-las-f+eret+saHerdelmedt; MortgagoTfiereby
grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following described real property in St_ LuCie County, Fbrida, to wit:
• ~ ~
Lot 9 bt East 5' of Lot 8 Block 2 Lindas Hill as per plat on file
in the Public Records of St. Lucie County.
THIS IS A SECOND MTG '
s - - - - ~ - tt '
Cam-'( ~ ~ :-:ice 1".:_ . : ~ ; i'- I
z ~ O _ ~:.1 F" to t n i?_ 5_i
l-. Nt t'_- ~ ;
• h'F~T .~S i:i.VE'il/i tom. '
_ ~ s ~ !
I
11 39 ~ .
19~ .M• 18 ~ s - ~ ~
~E PECDA
ST~L j ~ ~ a . v in Payment 01 tslflw 1
CLERK Rsceiwd M ibN p~pM{ prf~pMty
Due Ot? ~ iMatW Q11~•
~ aECOao `~R1PIcn_-------""_.r-- ~~To Chaa~« t3~r _
d , 49330`7 0 i
~ ~ ~
(hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the true to the Mortgaged Property
-and witf defend the same against the lawful claims of alt persons whomsoever.
i
' PROVIDED ALWAYS, that if Andrew Tay T.pttia and .7unE+ T.PVi_s hiw wi a ,the Makerls) of that
f (Insert Namelsl) t
certain promissory note dated the date hereof (the Notel, t~{~- hens, legal representatives or assigns shall pay to Mortgagee
the principal sum of S 1Q ~ 043 _ 24 as evidenced by the Note, with interest and upon the terms as provided therein, the final
maturity date of the Note and of this Mortgage being Ju1Y 16th , 19 90 , whrth 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
v?Titing, and that each maker and endarser agree to pay alt 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 any installment thereunder and that rf wch default is not made
good in accordance with the terms of the Note, that the enure principal win and accrued, earned interest shall become due and payable
~ without nonce at the option of the holder thereof; and Shall perform and comply with each and every strpulatron, agreement and cov-
i errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
i in full force. Maker covenants to pay the interest and princrpal promptly when due. Mortgagor covenants to pay the taxes and assess-
ments on said property; to carry insurance against tae on the budding on said land for not less than S ~~a ,approved
~ by the Mortgagee, with standard mortgage loss clause payable to_ Mortgagee, the policy to be held by the Mortgagee and to keep the
building on said larxf in proper repan.
This Mortgage shall secure not only exrsung indebtedness, but also wch suture 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
C rf wch future advances were made on the date of the execu[ron of this Mortgage, but such secured indebtedness shall not exceed at any ~
CJ~
trine the maxrmum principal arrrount of $ II/a plus interest, and any disbursements made for the payment
~ _ ~ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether 1
~ U ~ oblgatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or
_ a I any other notes secured by this Mortgage. This Mortgage rs given for the specdic purpose of securing any and all indebtedness by the
if Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any nine the maxrmum princrpal amount set forth in this
{ paragraph) in whatever manner this rrxlebtedness may be evidenced or represented, until this Mortgage is saushed of record- All cove- }
~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Make? under this
future advance clause.
O i
j ~ f-i W
tt` ~ ~ O ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, d the
,x ~ Mortgagee, so elect, at once become due and payable and this mortgage may be foredos¢d, and all costs and expenses of collection and
reasonable attorneys" fees, including costs, expenses and reasonable attorney; fees on appeal, rf collected by legal proceedings or }
y pq ~ through an attorney at law, shall be pad by the Maker, and the same are hereby secured.
•ri
Z
~ ~ ; IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date fast above set f rth. ~
I - ~ ; ,
- Srgn seated and delwered
m r esence: t
' _ ISEAI) ~
' (Mor ,
o
(SEAL)
Or[gagpr) '
STATE OF Florida 1
_ St. Lucie. 1
COUNTY OF 1
I HEREBY CERT~AMs N` s day, before me, an oHrcer duly authorized rn the State aforesaid aril m the County aforesaid
~a"" ' Andrew Jay ~ June Lewis
to take acknowl"_'J.~~~e z ed _ to me known to be the
i ~~+I", A Mfg person described
~ rn and who exe~,t ~ t~•>~ a. g ~ and they acknowledged before me that they executed the same.
' ~ .w.:
WITNESS~111~ r1n.{~ys~ r~fle County and State 1 forward this 17th day of `T~y
A.D., t9 _$Q~ nip . r~,tf ~ ~ f
~~~~-w t,~- ~+;r~a ~ N ry Publrt NOTARY PUBIK STATE OF FLORIDA AT LARGE ~
r Commrssron Expr
?•'`Q'~/b~ •5•f~ ` 7VlY COAAMISSION EXPIRES DK 19 1983
60NDE0 JWtU GENERAL 1NiS" W~fRWRITEK
a sots-ooo-~ Re,?. ens ~ B(MK~S PAGE Jt7t7 . f...,.;~.•,~,
i
_ - - -
='~ti,: