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HomeMy WebLinkAbout1259 DIRECT HOME IMPROVEMENT MORTGAGE ~3~ ~ i w1TH FUTURE ADVANCE A~~~ 1 _ THIS MORTGAGE, made this 2~~ ~ day of Auqu3st A D.. 19 80 , ~t,,,,~,t- ! Rxhelle K. Lardy a/k/a/ Rochelle K. Rokav Ihllort t gaga) and 8ysn 'nlr nF Ct ~ Tom` Cpupt IMortgageel: (Name Of jw+iser.w~ WITNESSETH, that Mortgagor, to and rn consderatron of the premises and M order to secure the payment of the prrncrpal and interest on the note las herernatter delrnedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assgns forsver, the lollowirtg described real property m St_ Lucie County, Fbrda, to wit: Lot 7, Block Q, !lAItAVILLA ESTATES, according to the plat thereof as recorded in Plat Book 8, page 77 of the Public Records of St. Lucie County, Florida. - This is a second mortgage. ~C.~c ~ ~i~i i ~ T~ ~ AU6 27 III ii= 14 C!1: 4V CLt~S'C-IAT:w:G'iiiE Pr R:3~:i P''.1'E:tTT• '>j~ FG:.SL'~Ni TO Ly:,Pli3 71-1°4, ACTS IA 1ltL t : 1. RG6ct~ pGlitUa S~ ~ i[ 1Y SA. ~ CLEIiX C(~CWT t;AWtT. ST. LYRE CO„ . CLEIIK T - - ~ (hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the true to the Mortgaged P+operty and writ defend the same against the lawful clams of alt persons whomsoever. - PROVIDED ALWAYS, chat ~f 1~Chelle K_ iand~i ,the Makerisl of that i [Insert Name1s11 certain promissory note dated the date hereof (the Note1, ~+n.= hertz, legal representatives or assigns sha!1 pay to Mortgagee the prrncrpal win of S 4,881 _ 36 as evidenced by the Note, with interest and upon the terms as provded therein, the i~nal maturity date of the Note and of this Mortgage being AnquSt 21 • 1990 , tg , which Note provdes that all installments of prrncrpal and interest are payable at the oifrce of Mortgagee, or at such other place as the holder may designate in writing, and that each maker and endorser agree to pay all costs of collection, rncludrrtg a reasonable attorney's fee, upon default in the payment of the Note, and that ~f default be marls in the payment of any installment thereunder and that r( such default a not made i good rn accordance with the terms of the Note, that the entire prrntrpal win and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every strpulatron, agreement and cov- j errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shah be vod, otherwise the same shall remain ~n full force. Maker covenants to pay the interest and pnncrpal promptly when due- Mortgagor cavenants to pay the taxes and assess- 'i ! menu on sad property; to carry inwrance against fie on the building on sad Wrrd for not tens than S l11 ,approved ? ~ by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the j ~ building on sad land in proper repair. ~ Tha Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or k ~ to be made at the option of Mortgagee, o. otherwise, as are made within twenty (201 year; from the date hereof, to the same extent as O - if srx:lr future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any r V! time the maximum prentrpal amount of S na plus interest, and any disbursements made for the payment _ of taxes, levies, or rnwrance, on the Mortgaged Prope?ty, with interest ort such disbursements. Any such future advances, whether U obigatory or to be made at ttw optior? of the Mortgagee, or otherwise, may be made either error to or after the due date of the Note or GL a; y gage- gage g spec pu pose of securing any and alt indebtedness by the an other notes secured by this Mort This Mort is rust) for the itiC r ~ ~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any tine thcmaximum pnntrpal anwunt set forth M this y~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until tMz Mortgage ~s satisfied of record- All cove- rants anrt agreements contained m this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ' future advance clause. ~ wi i _ ~ o~ t ~ ,x' Should any of the above covenants be broken then the Note and ail moneys secured hereby shall, without demand, rt the j Ci Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and ail costs and expenses of collection and i y ng penses and reasonable attorne appal, if collected by Iegal~proceedrngz or ~ reasonable attorne s' tees, include costs, ex ys' fees on ~ through an attorney at law, shall be pad by the Maker, and the same are he*eby secured- S-r G '0 ~ - q IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of tt?e date first above set forrh- _ ~ , • $grred, sealed and delivered in our pr ~ E F ISEAL? iMortgago+l Wl~ (~.J ISEALI . iMortgago+) i STATE OF Florida I # COVNTY OF St. Lt2Cle 1 1 1 HEREBY CERTIF phis day, before me, an officer duly authorised m the STate aloresa~d and m the County aforesad a ~ Rochelle K. Lardy to take acknowiedg ~iflRM~red to me known to be the person described 1 •'iL .ri and ;n ho execu~ti tf~t rn~( and She acknowledged before me that She executed the same- WITNESS r~ya/Qd~'oftt~ ' ~~COUnty and State lass resaid this ZZnd day of - August . _ lei ~ i.s= GKJ . .t jt.ar _ 'i ~e~ r• e ` ~ - V f C ~t Not y Public i My AIl~1(1!sST; TE OQ FiO,t I t~A AT LARD ~ ~J!tiL-`~D,~' MY COMMISSION EK?IItES OfC 19 1983 4-6014-0017 Rev. 8/77 `++~re.«. ~ ~ J?WJ GENERAL INS 1JNDcJtWRITELS F.n..r.....n, - _