HomeMy WebLinkAbout0413 utRECT HOME IMPROVEMENT MORTGAGE ~ ~ ~ ~ ~ ~
:vITH f UTURE ADVANCE 495158
THIS MORTGAGE. made mrs 13t. day of _____~13~ _ _ A O , 19 _ $Q ,between'
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INameol Sun Bank!
WITNESSETH, that Mortgagor, for and rn consrderauon o1 the premises arK1 rn order to secure the payment of the pnncrpat :uxf
interest on the note las herernalter defined 1, Mortgagor hereby grants, assigns transfers anti mortgagor to hlortyagre, ds tuccrtsors and
assigns forever, the lolfowrng described reaf property rn --------.Ste-L11Gi6-- Courny, Flmxla, to vim
The North 85 Feet of the East 140 feet of the West 185 feet of the
North ~ of the North ~ of the Southwest quarter of the Northwest
quarter of Section 17, Township 35 South, Range 40 East of rile
Public Records of St. Lucie County, Florida. -
THIS IS A SECOND MORTGAGE - •
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CLl11 CfRCUIT COURT tfurttaiant To Chspts? 71. 134. Arch O~ t 7t•
R[QORp t'[RIftER._ _ ROGER POITRAS
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Itterernafter referred :o as the Mortgagor! Propertyl, and the Mortgagor does heretry fully warrant the title to the Mortgaged Property
and viol defend the same against the lawful clarmsot all persons whomsoever.
PROVIDED ALWAYS, that rf ~L'@8°e-vr~iav-i<-._._ ,the hfakerls) of that
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certain r,romrssory note dated the date hcreal (the Note1, t:ht?iY' heirs, :egat represvntatrvr•s or assigns shall pay to Mortgagee
the prrncrpai sum o1 $ as evidenced by the Note. with interest and upon the Terms as provided therein, the final
maturity date of the Note arxf of ties Mortgage'be,ng -July..; , 19 ,which Note prov+des that
all installments of prrncrpai and interest are payabte at the ottrce of Mortgag: r_, or at wch other place as the holder may designate rn
writing, arxf that each maker and encfo•ser agree to pay alt costs of collection, rnclurlrny a reasonable attorney's fee, upon default rn the
payment of the Note, and that rf default be made rn the payment of any installment thereunder and tha: rf such default rs not made
good rn accordance with the terms of the Note, that the entue pr mupal vim arxf accrucd, canted interest shalt become due and payahle
without nonce at the opuon of the holder thereat, and shalt perform arxf comply with each and every shputaUOn, agreement arxf cov-
i errant of ;he Note arxf of this Morigage• then this hlortgaye arxf the estate hereby created shall be word, otherwise the same shall remain
~ rn fuel forte 1Naker covenants to pay the interest and pnnc!pat promptly when dr1e. Mortgagor covenants to pay the taxes and assezs-
ments on said property. to carry insurance against fire on the burtd~ng on card land for not less than S -1~a . Approved
by the h"ortgagee, :with standard mortgay? ions clause payabte to Mortgagee, flier pot:cv tb be held by ?he Mortgager~ and ;o keep the
bu~ldma on card land rn proper repair.
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{ Thrs hlortgaye shall secure not only existing indebtedness, but alto wch future :xivanct•s, whether such advances are obligatory or
! ?o t;e made at the opLOn of Mlorgagee, or othenvae, as are made v.rthin twenty 1201 years from the dace hereof, to the same ezteni as
I ~ f such future advances were mad: on ;he date o! ?he execution ni this Mortgage, but wch secured mdeb*...rlness shall not excc+!d at any
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i:mo the maximum prrncrpai amount of $ il~a plus interest, arxf any drshurtrments made }or the payment
,.~.t of rxe;, Iev~es, or insurance, on the Mortgaged Property, with interest on wch drsltursements. Any such future advarxes, whether
U ob'~gatory or to be made at the option of the Mortgagee, or othervnse, may be made edhe! poor to or after the due date of the Note or
~ g gr specific purpn>e nt scouting any arxf a!I indebtedness by the
~ ~ a•-y ether notes secured by ?hs Mortgage. This Mort aue rs wen for the
- B,'.aK..r ;o P.lortgagee !but rn rro event shall the secured indebtc loess exceed a? any time the maximum pnncrpal amount set forth in this
~ parag,apt.r .n whatever manner ?his indebtedness may bE' evidenced or represented, until this hlor?gage s satrsfieri of record. All cove-
- ~^;s arxf aarBe:ments contained m this Mortgage shall be applicable ;o aft further advances marf.• by MOrtgagae ro fdaker under this
. w turure advance clause.
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- L: x Sho..,d joy of the above covenants be Uroken then the Note and alt moneys s•curerf her•3ry shalt, vnthout rfemarxl, rf the:
- = ~ lto~ *,gayee, so e'ect, a? once become due anri payable and this mortgage may tv~ foreclowrf, and al! costs and expense-, of co~lectron and
~ ~ •daso~.ab~e ar.o•neys• lees, rnctuding costs, expenses arxf reasonahle attorneys• fees on appeal, ~f collet?ed by leya~ Procer:rlinys or
••••i •croagh ;r•" aL'o•ney a? law, ,hall be paaf by I'Aaker, arxf the s,me ara hereby secured.
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- _ ;11 IN ?YITNESS WHEREOF, ?r•.e P;!nr?gager has ••x•rcu?'d this Mortgane as of ;he date fuss attw•• set fo••h
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1 jT:.TE OF Florida
St. Lucie
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1 HERESY t* Dry fA)S day. br~G^' dr, u`!iC••r r1u~y au!'~nnl•K1 ,n t^•. Sr fro afro. ~ rKt nr~d •n '!r•• Crr,rnty „frlreS<l~d
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••.r1 :.n0 s•!~Ct?t•fd if~~ t~jr~nA~~ tRJ111gnt and _the~1- .rC~ nO:i~'<f~I•-!1 iN•frrr.• m:• •ha! th.+`y_.. •'Ret:u*ed thr• ~,1rnr
Aug.
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~ MY Cvt.'~.~r~itGN i:nGtticS Cc{ 19 1983
• 1 6fJt4-000-7 Rev. 8/77 B~~ Pa~+1E ~2 ~Q?~~i(I iaK1J GEi~:~ir'+L INS UNOEAWj~IT~
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