HomeMy WebLinkAbout1614 pIRECT HOME IMPROVEMENT MOR~'GAGE ~3a7g a
WITH FUTURE ADVANCE C~~~ `
THIS MORTGAGE, made this 4th aay of ~ November A D 19 80 . Ixt,,,,N,t~
Bernard Worley and Patricia Worley, his wife _ IMortgago.l artd
Sun Bank of St. Lucie County, Ft. Pierce, FL i
IMortgageel;
(Name of Sun tlanki
WITNESSETH, that Mortgagor, for and in consderation of the premises and in order to secure the Payment o) the principal ind
mtertst on the note las heremalter deiinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, rise tollowirg described real proPwtY in _~t. Luci@ County, Fbrda, to wit:
9qo
Beginning at the Southwest corner of the Northwest ~ of `
the Northeast ~ of Section 30, Township 35 South, Range
- 40 East, run North 339 feet, thence run Sast 235 feet, i
thence run North 495.5 feet, thence run East 445 feet to
~ ~ the East right-of-way line of Dame Road; thence run North
_ ~ ~ ~ along the East right-of-way line of said Dame Road 208.75
o feet to the Point of Beginning; thence continue North along '
n ~ ~ ~ said East right-of-way line of Dame Road 286.75 feet more
I~ or less to the Soutfi Right-of-Way line of Canal 39; thence
~ d 9 run East 677.39 feet to the East line of said Northwest ~
^°C of the Northeast ~ of Section 30, Township 35 South,•Range
° ~ thence run South 286.75 feet thence run West '
. ~ ~ ~ 40 East; ,
~ ~ v° 678.29 feet to the Point of Beginning, all lying and being
N v ~ in St. Lucie County, Florida. ~~~445
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T i ~ / lJ~~ ~iUl~ ~l ~Il
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THIS IS A SECOND lilORTGAGE.
cyi t1+~C~~. t~:r.
Sf ICCt(~ _ p•:~,
(hereinafter referred to as the Mortgaged Property; and the Mortgagor does hereby fully warrant the titre t d?tgtged Prop;.-rty
' and visit deterd the same against the lawful clauns of all persons whomsoever. -
~ y
PROVIQED ALWAYS, that if Bernard Worley and Patricia Worley his wife ,the Makerlsl of that
- ; (Insert Nametsll '
i +
s' certain promiszory note dated the date hereof (the Notel,_~leir hens, iegaf representatives or assigns shall pay to Mortgagee
' the emu 1 sum of FL 519 94 as evidenced b the Note, with interest and upon the terms as rov+ded therein, the final
- it.
! _ j f ! maturity date of the Note tied of this Mortgage being NOVP~beE' 4 , 19 ,which Note provides that
~ all installments of pnnupal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in
i`r ~ _ ~ writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default +n the
' ~ payment of the Note, and that i) default be made m the payment of any mstailment thereunder ar?d that if wch default is not made
~ ~ good in accordance with the terms of the Note, that the entire prinupal vim and accrued, earned interest shall become due and payable
t, witftout ice at the option of the holder thereof; and shall perform and coin 1 with each and ever st largo,
- ~ P Y Y Kw, agreement and rnv-
' i ! ~ errant of thil• Note artQ of this Mortgagee then th+s Mortgage and the estate hereby treater! shall be rrod, otherwise the same shall remain
in full force. Maker covenants to pay the interest and pnnupal promptly when due. Mortgagor covenams to pay [he taxes arx/ assess- ,
- ments on sad property; to carry insurance against fue on the building on sad Wrxf for not less than $ n~a ,approved -
by the Mortgagee, with starxlard mortgage toss clause payable to Mortgagee, the pnt+cy to be hekt by the Mortgagee and ro keep the
i
burkl+ng on sad land in proper repa+r.
~ Th+s Mortgage shall secure not oMy ex+shng +rulebtedness, but also wch future advances, whether such advances are obligatory or
to be made at the option of Mortgage, or otherwise, as are made w+ihin twenty 1201 years from the date hereof, to the same extent as
+f wch future advances were made on the date of the execution o! this Mortgage, but such secured indebtedness shall not exceed at any
.'_r ~ time the max+mum• pnnupal amount of S of
a plus interest, aM any disbursements made for the payment
of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any x;c`= f:;t:;re slvance,, whett•.e:
U obl ator or to be made at the option of the Murt $
+9 Y gagee, or otherwise, may be made either poor to or aster the due date of the Note or
any other notes secured by this Mortgage. This Mortgage is g+ven for the specdic purpose of Secunng any tied all indebtedness by the
Maker to Mortgagee (but in no event shall the secured irdebtedness exceed at any time the maximum pnnc+pal amount set forth q? this
= paragraph? in whatever manner this indebtedness may be evidenced or represented, umil this Mortgage rs satisf+ecf of record. All cove- 4
j ~ Hants and agreements contained in this Mortgage shall be appi+cable to all further advances made by Mortgagee ro Maker under this i
future advance clause.
n
,y Should any of the above covenants tfe broken thrn the Note and ail moneys secured hereby shall, without demand, if the i
~ Mortgaglee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
_ reasonable attorneys' tees, including costs, expenses and reasonable attorneys' fees on appeal, d collected by legal proceedings or
through an attorney at law, shall be paid by the Maker, aril the same are hereby secured.
7
~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date his! above set forth.
Signed, sealed nd ;el+vered
+n ou
~ EALI
(hlortgagor)
' (Mortgagor )
~ STATE OF FLORIDA
)
COUNTY OF ST. LUCIE ? ~ -
I HEREBY CERTIFY, that on th+s day, be!ore me, an officer duly author+red in the State aforesaid anti in the County aforesad
ro take acknowledgments, personally appeared BernarB~•ir_Patricia Worley to me kncwn !o be the person described
_ _ f
.n aril who executed the forego+ng +nstrument and ~ r - ~ -~cknowled fore me that _ t11esL- executed the same.
WITNESS my hand and o1f+c+al seal +n the f;~oPniy rate. st afo esaid this 4 day of NUVt2ID~~r ,
('"i ~ NO ttll~~ P .
fMy Cb ~ ids Expues:
X342 P~Ei613 ~ r~,f` sT„~ ~ ~Wt10A ~T vita g.
a~o,~-000.7 R«. am rh yrs,t~rA• ~ My GOtMM•SSIOP~ E~,tES AIR. ~0 toEl
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