HomeMy WebLinkAbout1450DIRECT HOME IMPROVEMENT MORTGAGE ~~- P3z ~~ 9 ~
~vITH FUTURE ADVANCE ~',-_
THIS MORTGAGE, made tt,ts 5th __ stay of DeCeIDb@r _.____. A D., 19 . 80--. , Iretwren
Marcus L. Rouse and Gale S• Rou;:~,, is _~f~__-._-._ __- __ _ _ 1M~rtgayor- :,red
Sun Bank of St. Lucie Count~_ _ _-__--____ __ _____ ______ IMortyagrel,
(Name of $un Bankl
WITNESSETH, that Mmtgayor, for and to constdrrahon o) the premises and rn order to secwe the payment of the Mencepat and
tnterest on the rwte las heretnalter detinedl, Mortgagor hereby grants, assigns tianslers and mortyayes to A'lortyay,r, its successors and
assigns forever, the foflowtng described real property rn _~ $t. LUCie ____~ _ _ County, Florxla, 1o wit:
The West 184.46 feet of the North 105 feet of the South 130 feet of
the East 695.61 feet of the following parcel, namely-, Lots 222 and
223 of Sheen's Map of White City, in the S ~/2 of SE 1/4 of SE 1/4
of Section 9, Township 36 South, Range 40 East, being further described
as Lots 19 and 20 of Block 1 of an unrecorded plat of Browne-Tioga
Subdivision of Lots 222 and 223 of Sheen's Map of White City.
This is a second mortgage.
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J ~~I ~C -9 AM S S6 p~~p s~ IN PAY~JiT OF TAXES
F~LEO AkD FECURO~ 0 CL. C'i Cl. `S •~' I't'='••~ ~''-~ P.~S~KfI pR~PEATY.
SnlUC1E CNIRITY.fI A. i 8:,5:.~{ii TJ k:.'T =~ 71-~_4, I.STS f,,f 1~1.
~- -~ ROGER POITRAS fZ;:GcR P~tTr.AS ~(~
• CLERK C{RCU{T C'JURT O a;pS g2;,{pT CGNfcT. iT. LYCIE CL. R~
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(h~reenafter reterred to as the Mortgaged ProVr'+tyl. and the Mortgayor does hereby fusty warram the true to the Pdortgayert Property
• and wul defend the same against the lawful ctatms of all perwns whpmwever.
f' S
PROVIDED ALWAYS, that tf Marcus L b[ Gale ROUS@ ________ ,the Makerls) of that i
• (Insert Namelsl
their r•
certain promesso+y note datelt ihr date hereof (the Note1, beers, legal reuresemateves or asstyns shalt pay to Mortyayee
the pnnc.pat sum of S 9,074.80 _ s e,r,efencecf by the Note, weth tnterest arxf upon the terms as provided therein, the final
maturity date of the Note and of this Mortyage being _ _ DeceIDber 4 - , 19 90 _ , whech Note provides that
all installments of prmctpal and tnterest are Vayabte at the ofirce of Mortgagee, or at wch other place as the holder may devynate rn
wasting, and that each maker and endorser agree to pay all costs of collection, mdudmy a reawnable attorney's fee, upon default to the
payment of the Note, and that (f default be made m the payment of any tnstaliment thereunder and that tf wch default es not made
good to accordance with the terms Uf the Note, that the entree Vrrnctpat win and accrued, earned tnterest shall becimtedue ar,d Vayabte
` without nonce ai the option of the holder thereof, and shall pwform and comply with each and ewery sttpusattpn, agrerement and cov-
enant of the Note and of ihts Mortgage, then this Mortyage and the estate hereby created shall br void, otherwise the same shall remain
tr. cult force Maker covenants to pay the interest aril pnnupa? promptly when due. Mortyayor covenants to pay the taxes aril assess-
I ments on said property, to carry insurance ayamst flee on the, twtWtny on said Iarx1 for not less than $ -_ n/a __ ,approved
~~ by the Mortgagee, weth stanrtard mortgage toss clause payable to hlortgager, the policy to be held by the Mortyagee end to keep the
bwlcLng on said land to proper repair
~ >, s
I~ ~ Thes PAortgage shall secure not only •: ><~sUng tndebiwlness, bu? atsn wch future rxfvancrrs, whether such artva nces are obstgarory or
I ~ to be made at [he OpTtOn Of Mortgagee, Or Ot her YteSe, ai are madt• Ylahrtl twenty lZQt Y•'ar5 frgm the dater hPtepf, to the same extent as
O tf wch future advances were made on the date of the execution of ihts Mortyage, but wch secu•rcf tndehtr•dness stlat,• not exceed at any
_ ~ time the maximum pr~nCtpai an'•oun? of $ .__ n/a ___- plus tnterest, a~,ci any cLsbu!semertis made fur then payment
I = -r•I of taxes, levees, or insurance, on the Mortgaged Property, wash interest on wr_h drstrursemenis Any such luture advartcrs, whrttwr
~ obttgatory or to be made at the option of the Mortgagee, or othrrwtse, may br made etcher pnor to or after thr• due date of the Note or
^ ,~ any other notes wcured by this Martyaye. This Mortgage es gwen for the sVectftc pu•pose of iecunny any ancf all .fxiebtedness by ihr.
rte., R!akr• ro hlortyayee Ibut .n no even; shall the SecureC tndrbteclness exceed at any time the maximum pnnapal amount set forth to this `
O +u paragraph{ m whatever manner ihts tndehtecfness may br evidenced or rep-esrniwJ, unit! this hloru}.rge t; sattshrd of record All cove-
"' ~ Hants and agreements cpnta~ned to this P,Aorigaoe shalt be aVVircablr to :.tl further advances matf~ by MorsnartrP to MaY.c+ under ?tits
- W future advance Ciau Se -
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'; ,]L $hnuld any pf th•• .rbov covrrtants tx• broken then ihr• Note anC all money; u•currrt hereby ;hall, without tlcrmartd, of the
~ ~ hlortyagee, w e:eri, a? onrr become due. arxt payable and U,•s mOrtyage may be foredosrd, and ais costs anrf r•xpen;ec of coliectron and 1
11 ~_ ~ •°-asonab;r attornevs~ sees, +nUUd rq CbSt5, °xpt•nSr' aruf r•.•awnattie attorn~ys• fews on apnral, +i co iected icy !.•ga~ [xnceedtnys nr
. 7i ~ th•ougn an J??O•n2~• at taw, shat! b•' pa.d by the PAakrr• aril ilia' same are hereby Wcueed
^. ~
-' ~ IN WITNESS WHEREOF, tn.• ts!n•?gago• ttas •r.e•cu+•<i thn hiort:Wyr as of ;n•• date hest otu,•rr. set for.h . }
Signed, ,valet! arxt ttr,tvered
^ Our p tinC'r /~J(~1 f~~ D
~_~•~
i _____ _ ~ __ tSEALI
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~ (P:1nr;ctag0r I
I -
STATE OF Florirda ,
• ~t~~ t
COtJN'Ty OF S`r• tNr~•'•~~ +
i ~ssss ~.... „'Hry~~
k I HEREBY C~i - `.,i•th~; ~n tit{-daV, before mr. ar' +,tf,c••r duty a~mor•n.<3 :n in.• S*a?•~ ato.r•;.wt and •n ?na. Coun+y aforrsa+rf
jlt ~ ,, {J ...
ro sak~• acknoWl~C111 s • Hall m'tatd' ~'CUS L ~ Gale ROUSE so rn•• >,rtuwrt ut t,e ih•r
t ~rv~ _ _. -__-- prr;On descrtbrrd
sY ~irz~ `~~ Y ; ; ---- - they
.n and r<h0 ~'S'%'~ t/ie fpreg~odrrstiJ~[3 ~ - they ~cknov,irdu•tf twfort• me that ___._ -executed th.• samr-
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WITNES~`tf red O}pcra~.l tsr_r~ ou^ty and State afprrsa.d inns _---~}~ _-- day of _- December
~ A D . 19 r Q4~ t • • ~ . ~. 1- d~ ~ - -- ----- - -----
r ~ ~ . s~}• .~d _ cup d.« ~---- _ ~-/~~-
( ~<<_ • ~ '~ • NOT Y ~ e _~~~~ -
., •: ~, '. ~til(!;: r9 N wry Public ~ PUBt.•~ ST:•T~ CF fEJr21L'A AT LAfcC~
:ir .~~~~- P. CpmTrSS ~On E "YraFt~AhvtlSSlOr+ ~ll•{'.C~ (SEC I, iYd-.i
' Q6~~i~~~dr1[~~ ~+~=G TNa2:! [.}h~tt:,t Ire, ~'„svrRwKIiERS
~ a -60 t 4-000.7 Rev. 8177 •~~ ' ' bQ~
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