HomeMy WebLinkAbout0741 50231 ~4 •~~~,~8
DIRECT HOME IMPROVEMENT MORTGAGE ~
WITH FUTURE ADVANCE
THIS MORTGAGE, made ihrs day of -------QSrtOber A O., 19~Q--__ , between'
Garland A. Longhous~r~ J.~ Q,r Mariorie ~a~IIghQL~eL~ his _lalfs__ fhiortgayor) and
_ Sun Bank of Si<.. Lucie County, Ft. QLerce~.FL_-____-___-_______ tMortg)grrel:
(Name of Sun Bank)
WITNESSETH, that Mortgagor, for aril rn consrderatron of the premises arxi fn order to sercwe the payment of the Dnnupal and
rnterest on the note las herernatter deirnecll, Mortgagor hereby grams, assigns transfers and mortgages to hiortgagee, its successors and
assigns forever, the following described real property rn St- Ia11G]~-COI1ILLji--._-___-._ County, Ftorrda, to wet:
Lot 6, Block 152, LAKEWOOD PARK, Unit 11, according
to the plat thereof on file in Plat Book ll, page 32C, of the
Public Records of St. Lucie County, Florida.
THIS IS A SECOND MORTGAGE. c+ Tj- T.~--- r ~ L- ~ ~ ' • ` - ~ ,
-
RfCffYtO s_ al= IM PAtI'.IENT CF TA~([~ r ~ _ -
5 Cli= C~i CItSY'C I:iTA`;G:BIE PLaSuiiAi Fr~iE~TYr
1~''
~ P1i:.~_;..Yi TO LT; :rTc•". 71-::4, i:TS Of i9i1.
P.uici P~Ii:.JtiS mm ~"Q Oft -7 ~ a~ 25
ClatK CIaGUTT CG111tTr ST. W:IE CO.. Fi,A.QPr~
tIIEC rtA~ w: Lu.q~. 0
SLIUCIE CGU~IY.fT A.
ROGER f Q17f2:.5
CLERK ClRCC'i' ;air;;
502314
(tirrernafter +efe+red to as the Mortgaged Property!, and the Mortgagor does hereby fully warrant the tale to the Rlortg,~ged Property.
end wrrl deferxl the same agarnst the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that rf Garland A & Marjorie E Longhouser _ ,the h+akerts) of that
!Insert Namefs!)
certain promrswry note dated the date hereof !the Notel, ____>~@j,r hens, legal rep+esrntai:vec or ass,yns shall pay to Morgagee
the pnnapaf Burn of $ l~ 860162 as ev+dencCd by the Note, with mterf-st and-upon the terms as provided Lhe(ern, the ffnat
maturity date of the Note arrd of this htortgage txrng OCtAT]P_Y 7 _ , 194Q-_ . wh+ch Note provides that
all rnualiments of pnncrpal and rnterest are payable at the office of Mo+tgagee. or at wch other place as the holder may designate rn
wrrung, aril that each maker aril endorse: agree to pay all costs of collection, including a reasonable atto+rtey's tee, upon default m the
payment of the Note, and that if default be made m the payment of any installment thereurxle+ and that if wch default rs not made
good in accordance with the terms of the Note, that the entire pr inapai wm and accrued, carried rnterest shall become due and payable
vaithout ooirce at the option of the holder the,rof: and sha!1 pe+iorm arx! comply wrih each aril every st,puiation, agreement aril cov-
enant of the Note and of rins hlorigage, then this Mortgage and the estate hereby created shah be voed, otherw+s+W the same shalt remaen
m fun force Maker covenams to pay th'
interest aril pnnr;rpal promptly when due Mortgagor covenants to pay the taxes a*rf assess-
merits on card property, to carry insurance aya+nst fire on the txarWing on card Land for not less than $ ,approved
by the hlortg.~gee, with starxtard mortgage loss Clause payable to Murtg.'[yee, the tM!:cy to be held by leer Mnrtgagre and to keep the
bwidrng on Bard larxl rn proper repan.
i
This Mortgage sho? secure not only existing :ndebtfetfnf•ss, but atw wch '•uture atlvancfrs. whf•tne+ such advances are ob~:gatory or
E to br m.xfe at the oDt:on of hiort u- N' , o+ othf•rr..se, as arP mxlf• wrthm iwrnt (70t ars from the fiat'
h.•r~•ot, to the same extent as
I G ,f wch future advances we•e mxfe on the date of th.• execution n1 ihrs Mo•tyagr, but such ucur.<l rhdf3itrefne-ss shall not +r¦u•rf at any
_ U irsne thv_ maximum pnncepal an-•OUnt Of S _ Dlus .iiterrst, aril any datiu+sements made for ihr payment
` of taxes, levees, or •nsurance. on the Mortyayrcf Propwty, weth rnterest on wen distrursements Any such future. advarx:es, wnettwr
1 _ ~ obl,gatnry or to be made at ine optron ni the Mortgagee, or othervnse, may tm made rrther preor to pr after the due date of the Note sir
iE ,,r
any other notes secured by ihrs Mortgage. Thes hiortyage is geven for the spftirf~c Pu-[><,5•.• of vcur.nq any ar¦1 all mdebtednrss by she
I - 7' Maker to Mor:yagee !but rn no event shall the sfrcurM rndebtCrfness exceed at any trmr the maxrmurn p:mopal amount svt forth m th+s
_ fe«rt of recorr) Ali cow-
parayraphi :n whatever manner ihrs +rxiebtslness may tw evrdenceti or rtyt.esentcd, until th,s hiortgagr ,s sa:+s
pants and agreements Contaer,rd m the; hiorty.aelr shall be appircal[le to all fu•iher .[baa•,crs m.xt•• i)y tl!orty,+q.~.• to Maker under :h+s
~ t.7 tutuu: advance clause.
- J W
' ~ p' Should any of thf• .itoove covenants ere broken then thf• Nnte and aA mon.•y~. sFwrwi hereby snail, re,thnut firma+xl, d tn.•
Aiurtslagee, so elect, at once become due and Payable aril ihrs maty,ige may Ix• foreeiosrcf, and all c.ous erred e¦prns.rs of co:.re;ron and
• ,e
[ r~ asonatrr atiomeyc' fee;, ,nuud,ny coca, expen sez a: xf rrasonairle attorneys' f.vis on ,[tK[rar, rt conrcird by r.-yat P+OC t+.~rl+nqs or
- • rhrr,ugh an atTOr ncy at lara, siiati bet pried by the Maker, arxf the same arv hereby Y.'CUr._r
_ [Q
- ' ~ IN NJiTNESS yYHEREOF, th.• hlnr rlagor has exrcut~cf ihrs Mortgage as oft da fir st au+vr ,fit !c,*th
t
_ ,f S.gn:'(1, WJler1 ' d dr.rv~•wf ~
.n our pies e
/ ~!-L1J 1 #
_ ~S~~L~~a-,SEALi I
rs.rr,•t }a r
v ~
+ STATE OF FLORIDA I
l
COtii`iTY OF ST. LUCIE , _
S
6 I HEREBY CERTIFY, that on th,s day, t)etorv mP, an ~>'t cer Busy autno: r~~K1 :n th.• $rat•• :Aor.•saRl ,rid , a C~~unty :fforesd•r1
to take ack•ro.v~edc men,s. orsona~s , , LonUho ~e .
3 D- Y ,(~~Ttr)Nf~.anrl A_ _~~3prie-_E~_ -in m~ ~~wr sn be ih+~ pr+wn drsCrfb~ct
N MAP/
m and who ?xrCUt?O thf• !pn~3p. n:: ~1~~~ntC9pd r ~e P_V aCkn O~:.Is117~t} tK'fors• mr that __.__tb~SL exvcutvd ihe ;ame-
+,VITNESS my na+xf and at~y~ra ~1+n the Codq~ranttStatP past ato-rsa, this ___ZAd__--_ da of L1CtD~bBZ--- .
- ~ ~ i Nola+y Pubirc
t. ! t ~ hly Comm+ssron Exp,res
8~r 340 ~P~ 74 = . - •
~ ~ - NOTARt/ N1KLK RATE Di it+Ot~l1? AT l/1d .
4 6014-000-7 Rev. 8/77 .i~ ' MT CQMMISSIOIrI EAIRES MAT - 12 i!e= • . ~ . .
• !(~f~DEp 1HtU GEI~AI INS. 1~'~aER11YR1TERS !
_ _ - _