HomeMy WebLinkAbout0607 DIRECT HOME IMPROVEMENT MpRTGAGE ~ ~ ~ 3a~ 3 ~ t
WITH FUTURE ADVANCE A(~pp~~ ~Y
THIS MORTGAGE, made thrs 5th day of $ep..~. A.O., 19 , between' t
Edward B. Dean and Nancy L. Dean his wife IMortgagorl and
Sun Bank of St. Lucie Co. IMorigagee?: j
INameof Sun Bankl i
WITNESSETH, that Mortgagpr, for and rn consideration of the premises and in Order to secure the payment of the prrncrpal and I
interest on the note fors herernalter defrnedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following described real property in St• Lue{8 -County, FbreJa, to wit:
Lots 12,13, & 14, Block 36, INDIAN RIVER ESTATES UNIT FOUR
according to the Plat thereof as recorded in Plat Book 10,
page 49 of The Public Records of St. Lucie County, Florida. }
Lot 12 is a FIRST MORTGAGE
{
Lot 13 ~ 14 is.a SECOND MORTGAGE ~
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1980 SEP -9. PN ~ 38 Re~ewea • g• In Peynlset Or Telco
FILEO A GECORCI~p Due On Class "C" IntarglWsP~enOrnlptop+~tlr
- ~ 5T.1 IE COIRtTY.FI A. pursuant To Chapter 71. 134. ACtt (k X871. r
~R~ER POITRAS ROGER POiTRA$ g'.~j°
_ .Ct,ERK CIRCUIT Clrlft~
~ aECOac ~~F1=1["-- ~ Cms Circuit Cour>I, St. ta,cis• Co.. FNt.
- - 498819-
(hereinafter referred to as the Mortgaged Property!; and the Mortgagor does hereby fully warrant the true to the Mortgaged Property
and whl defend the same against the lawful claims of all persons whomsoever-
PROVtDEO ALWAYS, that ii ~.dward E. Dean 6t Nancy L. Dean his wife• ,the Makerlsl of that
' (Insert Namelsll
certain promissory note dated the date hereof (the Notel,their hems, legal representatives or assigns shalt pay to Mortgagee
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_ the principal sum of S 4 X057.26 as evidenced by the Note, with interest arxi uppn the terms as provided therein, the final
maturity date of the Note and of this Mortgage being Sept' 5th , 19 83 ,which Note provides that -
_ aft installments of pnncrpal and interest are payable at the office 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, including a reasonable attorney's fee, upon default in the
~ paymem of the Note, and that if default be made m the payment of any installment thereunder aril that rf wch default is not made
' good in attordance with the terms of the Note, that the entree pnncrpal win and accrued, earned interest shall become due and payable
_ - without rtotrce at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov
- errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force. Maker covenants to .pay the interest and pnnupal promptly when due. Mortgagor covenants to pay the taxes and assess-
..r rrients on said property; to carry insurance against fire on the building on card land for not Tess than $ n~a ,approved
by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be hekl by the Mortgagee and to keep the
it - ' ~ building on card land in proPe+ repair. -
~ This Mortgage shall secure not only existing endebtedness, but also wch future advances, whether such advances are Obligatory or
to be made.at the option of Mortgagee, Or otherwese, as are made wethrn twenty (201 years Irom the date hereof, to the same extent as
~ et wch future advances were made on the date of.the executeon of then Mortgage, but such secured indebtedness shall not exceed at any
U~' trine the mazemum principal amount of 5 _ n~a 'plus interest, and any disbursements made for the payment
of taxes, levees, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether
D?, oblgatory or to be made at the option of the Mortyagee, or otherwrse, may be made either prior to or after the due date of the Note or
U~ any other notes secured by this Mortgage. Thes Mortgage rs geven for the specific purpose of securing any and aII rrxlebtedness by the
OI Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any tine the mazrmum principal amount set forth in this
_ ~ paragraph! m whatever manner this erxlebtedness may be evidenced or represented, until this Mortgage rs saUZfied of record. Ail cove-
Hants and agreements contaened rn this Mortgage shall be applicable to aft further advances made by Mortgagee to Maker under this r
tn: future advance clause. - ~
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O! Should any of the above covenants t>° broken then the Note and all moneys secured hereby shall, without demand, rf the
- O ~ Mortgagee, so elect, at once become due anrf payable and this mortgage may be foreclosed, and all costs and expenses of coliecuon and
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cq O! reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by legal prexeerlrngs or
through an attorney at law, shall be pored by the Maker, and the same are hereby secured.
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O' IN WITNESS WHEREOF, the Mortgagor has executed thes Mortgage as of the date first above set forth.
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Segned, sealed and desevererl - _
m our presen e: ~+nn t
_ ~3t~~ ~ ISEAL?
(Mortgagor 1
a~ LK ~ /l..Lx-C.~ ~(~,g~ ~ ~ 1 SE A L 1
~J (Mortgagor) ~
. STATE OF Florida 1
1
COUNTY OF $t• Lucie 1
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I HEREBY C,~ >h on this day, before me, an nffecer duly authorvaed rn the Stare aforesaid and m the County aforesad
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~ to take acknoll~ad~r1189ts,~irt~fty appeared F.rltrard E• A NaaeT-L Dean to me known to be the person described
.n and who jtr~gfediyt®gts~Jg0iri9 ~s)rument and they acknowledged before me that th_~_ executed the same. -
WITNI: Aty,ftart~indl~6r_ ~ua1 se31 m th? County ancf $tatF aforesaid this 5th day of September
A.b., t9 f ` ~ ~
,.-i:, / G ' ` ~ ~ ~ lorry Public
~-a ~ My Comrr~ptRE>ipiols~ STA1E OF FLORIDA AT LARGE
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M~ COfA~J115510r'J EXPlF%5 DK 19 HVRITER;
4-6014.OOD-7 Rev- 8/77 8~~ P~e ~ SQldp.(r 1WlU GEtiiRAL INS IJt~R
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