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Home My WebLink About0960 DIRECT HOME IMPROVEMENT MORTGAGE ~ 3d~ ~1 WITH FUTURE ADVANCE 495533 THIS MORTGAGE. m•xJe inrs 6th _ flay of _ __Au$rz____V-_a.J_~-`_7__.__. A.O., 19 _~Q-. ,between' G@rardQ Delgado and Aiirdalia D,~ggda_-h.i8_>IrTife_ - _ - _ IMnrlyagor) aril -Burl Bank of St. Lucite Co~_-___ IM~rty.,y~l: !Name of Sun Bank! WITNESSETN, That Mortyagor, for and rn consnirratron ul the premises arNf rn outer lu secure the payment u) the prurupat and rnterest on the note las hereinafter delenedl, Mortyayor hereby grants, ass,gns transfers and mortgages ro AlorlyayeP, ris successors and St. Lucie ~o~,,, assryns forever, the lollowrng described real property rn y, Florida, to wet: Lot 16,,Block 107 First Replat South of Port St. Lucie Unit 5 a Subdivision according to the Plat thereof, recorded in Plat Book 18, Page 15, of the Public Records of St. Lucie County, Florida. THIS IS A SECOND MORTGAGE Recoivsd • mil= in Parme~• Ot Taaos 19~ AU6 -7 dt ~ 2C Duo On CIaM "C" intan9lble Persolte -huperty, F17 •7 To Cflatpter 71. 134, Acta Ot t 97t . FILEtDCANL'pft~EJCTORDEO pQGgp ppRpq$ ~Y~ 7 S ROGER POITRA~ A~ Cltxlt Clr~uk CouA. ~t Luds. Co.. Fla. C4ERti CIRCUIT^CO~1/~ ~b RECORD \'ERiFlEO.,..7w ~ 495533 l.r'~ ` ' (heremalter referred to as the Mortgaged Propcrtyl. arxf the Mortyayor does her Wry sully warrant the title to the MortgagtYl Properly r;` and writ defend the same ayarnst the lawful claims of all persons whomsoever- ' PROVIDED ALWAYS, that if _Gerard0 & MitLdalia Delgado his Wife ,the Makerls) of that • jlnsert Namelsll certain promissory note dated the date Hereof Ithe Notel, their -hens, legal represematrvc•s or assigns shall pay to 6lortgagee the pnnupal sum of S 10, 898.55 as evidenced by the Note, with +merest and upon the terms as provided therein, the final f • maturity date of the Note aril of this Mortyage being Ally. 5th 19 90 . , which Note provide; that all installments of principal and rnterest are payable at the office of Mortgagee, or at wch other place as the holder may designate rn writing, and that each maker and endorser agree to pay all costs of callectron, including a reasonable attorney's tee, upon default ~n the payment of the Note, and that rt default be made en 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 entire pr rncrpal win and accrued, earned rnterest shall become clue and payable without notice at the option of the holder thereof: and shall perform and comply with each and every stipulation, agreement and cov- enant of the Note arxf of this Mortgage, thin this Mortgage and the estate hereby created shalt be void, otherwese the same shall remain rn full force. Alaker covenants to pay the rnterest aril pnnupal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on saed property: to carry insurance ag3rnst fire on the burklrng on card larul for not less than S ~ ,approved by the Mortgayee, with standard mortyage loss clause payable to Mortgayee, the policy to be held by the Mortgagee and to keep the - burklrng on card land rn proper repair. E This Mortgage shall secwe not only existing indebtedness, bur also such future advances, whether such advances are ohngatory or . - tosbe made at the option of Mortgagee, or otherwise, a> are made within twenty 1201 years from the date hereof, ro the same extent as of wch future advances were made on the date of the execution of this Mortyage, but such secured indebttrriness shall not exceed at any J ume the maximum pnncepal amount of $ - n~a plus +merest, and any disbursements made fm the payment CJ of taxes, levees, or insurance, on the Mortgaged Property, with rnterest on wch disbursements. Any such future advances, whether ~ obl,gatory or to be made at the option of the Mortgagee, or otherwise, may be made either poor to or after the due date of the Note or v a, any other notes secured by this Mortgage. This Mortgage is given for the spec:f+c purpose of secur+ny any and all indebtedness by the klake+ to Mortgagee (but m no event shall the secured mdebteciness exceed at any time the maximum pnnupal amount set forth rn this ~ paragraph) in whatever manner this indebtedness may be ewdenced or represented, unLl this Mortyage es satrsfeecS of record. All cove- - ~ Hants and agreements contained m this Morgage shall be applicable to all further advances made by Mortgayee to Maker under this future advance clause. ~ W O O $heuld any of the above covenants tie broken then stir Note and ail moneys secured hereby shall, wrthour demand, et the ~ ~ Alortgagee, so elect, ar once become due arui payable and this mortyage may Ise foreclosed, and all costs anrf expense> of couection and - N' reasonable attorneys' fees, rncludrng costs, expenses and reasonable attorneys' tees on anneal, rf collected by legal proceedings or _ ~ Through an a*.torney at law, shall be paid by the Maker, arxt the same are hereby secured. E~ C . - a IN WITNESS WHEREOF, *.he Mortgagor has execurecf this Mortyage as of the lose Lrst al>nve set forth. 1 _ ~ S~yned, ~raled deavered rn our pees ce / e , / - - - - AU - - (Alortyayoe 1 - STATE OF Florida I 1 COUNTY OF $t• j,1gpr,~,itr:,;,, t ~ . - r, ~ I HEREBY CERTIFY;'tf at,gr/`?4~ c~i'ay, before me, an olf+cer duty authonietf en the S'at.• afon•satt and .r: the County aforesaid r ~ rn :aye acknowlec>grtt~~ts,rpers~ally a('l~~a~ -GQ.r~d¢_ to me kncwn to he the perwn drscr+becl p - Jf- - ..t,,. - 1, .n and stiho axecuteB ihO~Orer~rrt~i~jrum/3ri4 end ._i.LGx _ acknovrlcdged Irrfoie me that _tLLex.__ exc•cuttYf the same + e WITNESS rRy mnQ.AAEt~pflrb;al seat-ir LKe~ounty and $tatt• aforrsd~d this th t1.,y of Au&___ _ _ _ _ A D . 19 8>D- . Vie, ,r s ~ - J ` r` y ar Pubhc - A Commrssion~bit4T PUBL'C STATE OF FLORIDA AT LARGE MY COAVA I SS 1 ON EXP 1 RES DEC 19 19 8 3 a-6014-OOQ-7 Rev. 8/77 8~~ P~ ~ 80aD:G iHf~U GENERAL INS UNDERWRITERS 4 ^-4 ~ _ J