HomeMy WebLinkAbout0378 DIRECT HOME IMPROVEMENT Mp~tTGAGE g~' ~ 3~`~ ~
WITH FUTURE ADVANCE
THIS MORTGAGE. made this . 28th clay ol -_~GLQheL-__.-_____.___ A.p., 19 $0 ,between'
George 0. Nightingale and Nellamar R. Ni-ghtinAale his r?ife_-_-__ IMor,ga~r? and
flank of St_~iteia Ce_ Ft. Pierce Ihlortgageel;
INameot Sun Bank)
WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the payment of the principal and
interest on the note las hereinafter definedl, Mortyagor hereby grants, ass+gns transfers and mortgages to Mortgagee, ns successors aril
assigns forever, the following described real property in .St• LuCi~_ County, Florda, to wd:
The West 45 feet of Lot 4 and Bast 30 feet of Lot 5, Block 1,
Cortex Park Subdivision, according to the plat therof on file
in Plat Book 5, Page 38, of the public records of St. Lucie
County, Florida.
THIS IS A SECOND MORTGAGE
55 ~ 1960 NOV -4 AH i~ 06
11r , a ~ ~ PAYMENT OF TAxEs
DUE ON CLASi'C' INTA116••SlE PERSONAL PROPERTY. Fi:[C Af.i' f`i:[•. =0
PUASUAIR TO CHAPTER )1-2:1. ACTS pF tO7i. 3i tL!C!r rrt+41 A.
RaGER P~ITi:AS Rl);.E:R f'^.iii2AS
CIE~K Ctr~Citti C6i:rtT/~
CLEAR CIRCUIT COURT. ST. W~.IE 1~. j'
_ .
j. i-~- -!~.'f;
(herernafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
and w+rl defend the same aga+nst the lawful clams of all persons whomsoeYer.
PROVIO'cD ALWAYS, that it GeOry,~ b Nellamar Nig~tingalt? the Makerls) of that
(Insert Nam~lsl)
certain prom+ssory note dated the date hereof (the Hotel, their hens, legal representatives or ass+gns shalt pay to Mortgagee
the principal sum of $ 7, 605.15 as ev+denced by the Note, with +nterest and !ipon the terms as prov+ded therein, the linal
maturity date of the Note and of this Mortgage being ~ OCt 27th _ , 19 90 ,which Note prov+des that
all installments of princ+pal and interest are payable at the office of Mortgagee, or at wch 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
payment of the Note, and that rf default be made in the payment of any installment thereunder and that if wch default Knot made
good in accordance with the terms of the Note, that the enure principal win and accred, earned interest shall become due and payable
without OOUCe at the option of the holder thereof; and shall perform and comply with each aril every stipulation, agreement and cov-
enant of the Note and o' this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
m full !once. Maker covenants to pay the +nterest and pr+nupal promptly when Sue. Mortgagor covenants to pay the taxes and assess-
menu on said property; to carry insurance against fire on the twikling on said land for not less than $ _ n~a ,approved
by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mnrtc~agee and to keep the
building on card land in proper repair.
Th+s Mortgage shall secure not only ercisung rrxfebtedness, but also wch future advances, whether such advarxes arc obligatory or
f to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
t if wch future advances were made on the date of the eaecuhon of this Mortyage, but wch secured indebtedness shall not exceed at any
01 time the maximum principal amount of S - n~a -plus interest, and any disbursements made for the payment
U` Vf iawrS, iOY+C Jr uUU~O~Ke, U~r ii!' iVil!'1yayVU frU~,ertY. writ. 11rICr C)t QII )Ullr UIYJUr ]elllel/l). Mliy w<ti lUl Ul l• aU Vdtll.h, Wilelllel
obligatory or to be made at the option of the Mortgagee, or otherw+se, may be made ether pr+or to or after the due date of the Note or
I V ; any other notes secured by this Mortgage. Th+s Mortgage is g+ven `or the specii+c purpose of securing any and ail indebtedness by the
a ~ hlaker to Mortgagee (but in no event shall the secured indebtr.•dn2ss exceed at any t+me the maximum principal amount se*. forth rn this
- ~j paragraph? m whatever manner this indebtedness may be ev+derced or represented, until this Mortgage is sat,stied of record. AU cove•
Hants ar><J agreements contained m this Mortgage shall be applicable to all further advances mare by Mortgagee to Maker under this
N ~ future advance clause.
5
D! $houtd any of the above covenants t?e broken then the Note and all moneys SBCUrerf hereby shall, without demand, d the
k'' ~ t Mortgagee. so elect, at once become due aricf•payable gird this mortgage may be foreclosed, arm ail costs and expenses of collection and
- pq~„'~
~ ~ ~ seasonable attorneyc' fees, including costs, expenses and reasonable attorneys fees on appeal, if collected by legal proceedings or
~ ~ through an atrprney at low, shall be pant by the Maker, ancf the same are hereby secwed.
_ IN WITNESS WHEREOF, the Mnrt a has eirecutrcl this Mort
~ ~ i g go' gage as o: e d e f,rst above set (o:rh.
- S~ynerl, xal•_~cf and de:iveiad
rn our presence
_ (Mort _ ri
} do a ,
- (Mortgagor
f
s
STATE OF Florida ? -
?
COUNTY OF St. LuG~,e Co. ?
sltMkl;i''
i 1 HEREBY CERTI~t_ *;p~ay, before me, an officer duly authon~ed +n the State aforesaid aril m the County aforesaid j
to take ackno:vledgm?lrt~ D~'bR+±•~hy ~ r~ ~CQnrge n. NightingAl v 14 NE!l~gsgl~own to be the pe.son described -
~ fi I
.n and who eaecut~d~,Ot1~g~nsUJtr1~ ~pnd they acknowledged trfure me that they eae~uted the same ?
WITNE ~ m~~ ~ ~ icial 'T~~t1d6County and State .a foresa+d th+sJ2.8th day of OCt _ s
_ •
_ N ry Pubh[ TARP PUlLIC STATE OF FLORIDA AT LA~IGE
J ~ My Commiss+oniISS10N EXPIRES DEC 19 1983
. ;
• lONDED THRU GENERAL, INS IJf~1NRI1T:Rt
4 6014-000-7 Rev. 8/77 ,
800K~~ PAGE ~
_ - -s -