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Home My WebLink About1590 DIRECT HOME IMPROVEh1ENT MORTGAGE a ~ ' ~ ~ wI r H FUTURE ADVANCE THIS MORTGAGE. made offs __--6th----_-- twy of -_------Aug•_.. _ - A.O., 19 _ 80, Letween' BPr>,wn B~„dergro~~nd-.Margaret_Bladeigrnenhis-t~alfe - - IMnrt,,a~rl arx, Sun Bank of St. Lucie Co. _ _ _ _ _ _ _ _ _ _ _ IMnrtgag,-~?: ---T--_--_- (Name n1 Sun Bankl - - WITNESSETH, that Mortgagor, for arxl ut consi<lerauon of the prertsises arxf in order to secure U)e payrnent of the pnnu{raI arxl interest on the note las herernafter delinedl, hlortyayor hrrelry grants, ass+gns transfers and mortgages to Mortgagr, its succrssors and St. Lucie ass,gns forever, the following described real property m _ _ _ County, Florxfa, to wit: ~ Lot 20 of Block 2, TROPICAL BEACH SUBDIVISION, as per plat thereof l~ on file in Plat Book 9, page 26 of the public records of St. Lucie County, Florida EXCEPTING THEREFROM, the Southerly 10 feet more particularly des- , cribed as follows: • Commence at the intersection of Lots 20 and 21, Block 2 of the aforesaid subdivision and the West line of Ocean Drive, and run Northwesterly along the West side of Ocean Drive 10 feet to a point thence turn and run Southwesterly parallel to the South line of said Lot 20 to the West line of said Lot 20, thence turn and run South- easterly along said West line of said Lot 20 to the intersection of 07 said Lots 20 and 21, thence turn and run Northeasterly along said 1990 AUG 12 South line of said Lot 20 to the point of beginning. t:l1,EO I? FECORDEO Received i ~~O in Sj,IUCEE~0Uf11~(.FIA. Payment Of TaxK ROGER p01?RASj This is a second mortgage . Due On Class "C" Intafnpibie Personslprop+fKy. CtERtt CIRCUI? C oursuern To ChaptK 71. 134, ACb O? f 971. RECt?RO VERIFIE - ROGER pplTpgg ~ Jc~ rye. circuit Court, St. Luck. Co., Fw.~ (herernafter referred to as the Mortgagcrcf Propratyl; and the Mortgagor does hereby fully warrant the true to the Mortgaged Property aril wul defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if ~r)nan 6 Marge Bl ad grnP_n _ ,the Maker is) of that Ilnsert Namelsll certain promissory note dated the date hereof (the Hotel, their heirs, legal representatwes or assigns shall pay to Mortgagee the pnnupal sum of S fi,02q.21- as evidenced by thr. Note, with interest aruf upon the terms as provided there+n, the final maturity date of the Note ancf of this Mortgage being Aug• 5th 19 90 _ ,which 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 rn wining, aril that each maker aril erxforser agree fo pay all costs of collection, incfucfiny a reawnable attorney's fee, upon default +n t'te payment of the Note, and that i) default be made m the payment of any mstaliment thereunder and that if wch default rs not made good ut accordance wit? the terms of the Note, that the entire pnnupal win and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; arM shah perform arx/ comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this :lortgaye and the estate fteretty creatctil shalt be voxf, otherwise the same shall remain } in tuft force. Maker covenants to pay the interest aruf pnnupal promptly when dui.. Mortgagor covenants to pay the taxes and assess- } i menu on said property; to carry insurance against 1ue on the twildrng on surd land for not less than S ,approved by the Mortgagee, with starxlard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land m proper repair. This hlortgaye shall secure not only ezrsiing nxfehtedness, but also wch future :xfvanus, whether such advances are obligatory or f to be made at the option of Mortgagee, or otherwise, as are mad" within twenty 120f yea+s from the date hereof, to the same extent as ~ O ~f wch future advances were made on the date of rite execution of this Mortgage, but such secured indebtedness shall not execinf at any V _ Line the maximum pnnc:pal amount of $ _ plus interest, aruf any dist)ursements made fo• the payment k - ~ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch d+sbursNments. Any such tutwe advarxes, whether I r1 i V obligatory or io be made at the opnon of the Mortgagee, or otherwise, may be made either poor to or after the due date of the Note or I _ a any other notes secured by this Mortgage This Mortgage rs gwen for the specific purpose of securing any aruf alt indebtedness by the _ Polake, to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum pnnupal amount set forth in this $ ~ paragrophl m whatever manner this indebtedness may be evidenced or represented, until this hlortyage is satisfied of record. Atl cove- - ~ Hants ;rxf agreements contained in this Mortgage shall be applicable to all further .x)vances made by Morrgagi~t to Maker under this w future advanee clause. [ - G O 3 Should any of ;he ;;hove covenants t»r broken thin the Note aril all moneys secured hereby ;hall, without demand, if thr: ! 1lortyayre- so elect, ar onre become due anti payable and this mortgage may bra foreclosed, aruf all costs and expenses of coi;eet~on and - ~ ~ reasonable attorneys' fees, including costs- expenses and reasonable attorneys' fees on appeal, if collected by legal proceedrnus or - tb through an attorney at taw, ,hall be paxf by the Maker, aruf the same are hereby secured - :J d-1 . t ~ ~ IN WITNESS NlHEREOF, the Mortgagor has ex.rcunrrl this hlortgaye as of the dare Lrst at)me set forth. - ~ g S red, seafeci and de.rvr°~et~ ou resence ~ ~ ' r - T B ~L-~ - - ISEALI a blot tr•,.3goi 1 8~~-jL~~{~~`- ~ Q11.~ - - - - ISEALI ~ ~ - ~ (\lnrsgayorl r i ~ STATE OF Plorida 1 r I i COUNTY OF N1NNUt{ur~l, 1 i I HEREBY CER~IR~VJ aK~at ew~~js 'day, bet Or.• me. Jn Of 1~Cer duSy au ih0 ntetf +n the $tdP• afnrr•Sawt ,uid ,n the County of pr esa rd - ~ r.y •o takr acknow~ed ents~ 50 II ar e knc.rm to be the person described 4 vii ~ y ref -HB~mant--~c--~L3rg8r6~ B18(~aYgr-0~n 3 ,r: Ord who execu[8Q the fpf8gpir~,~//st~~rYlhem and _tlley acknowtc~cfq..Kf tr•fnrr mt• that _th~ execut.~cf thr~ semi W1fNE$S my ~r~'?/°~l>r;~i sL+~.n t?x County ::rid State la esaid ih~s 6th_-_ :fay of _---AVFi r. AD,19__~fl.~ O Nor Pubs %%~'f ; `FIOTFARY PU6GC STATE OF FLORIDA AT LARC+E h1y omT:ssior~AT"~Ki`LSAISSION ExPiRES DEC 19 17703 a x.014-000-7 Rev- 8/71 BONDED THRU GENERAL INS UNDERWRITERS ~ BOOK JJU PAGE -~_x.- y.~ _ Z cr 1t;as,.?