HomeMy WebLinkAbout2463DIRECT NOME IMPROVEMENT MORTGAGE ~~~ ~''~~~ ~ ~
VvITH FUTURE ADVANCE 14334
THIS MORTGAGE, made flies 8th clay of _ ______ December _____ - ___ A O , 19 80_ - , Iretwrrn
__ _^^^Aspi Doctor and Fiona J. Doctor, his wife
-_-_------ --- ----------------------- IMortyayorl and
---- - ----- --- - ---
Sun Bank of St. Lucie County, Ft. Pierce _ _ IMortyagrcl.
I Name of Sun Bank J
WITNESSETH, that Mortyayor, for aril ui consrdrrauun of the premises arxl rn order to s<•cwe the payment of the pnncrpal aril
rnterest on the note las herernalter delrnetf-, Mortyagor hereby yrants, assryns transfers and rnortyayes to Mortyagee, its successors aril
St Lucie
assigns forever, the IOllowrnq descrrlred real property rn ___-_! _~_____.-___._____ _______-- ___ County, Flnr[fa, to veil.
Lot 13, Block 1, Hidden River Estates, according to
the plat thereof, as recorded in Plat Book 18, page
14 and 14A through 14B, of the Public Records of St. Lucie
County, Florida.
THIS IS A SECOND MORTGAGE.
s
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w~ ~EC ~ 2 AK !~ O7 Receiveft 3 ~~~/~ [n Payment Of TeYat
Due (`n Cts:-c ",." Intangible s'~r~r--~arp•o~prty
_ FILEQ RNC FECGdtlip f~tlreua~t To chapter 71. 134.:.~t: Or 'vet
ST~OGER POITRA~~•
' CLERK CIRCUIT CQURT ROGER P01TRi+S ~jn
efco~n~•EP.ICFC~ ^_ - races Circuit Court, St. Lucie, Co., Fla.
I (hererna(ter referred to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the title to the Mortgagr•[f Property
and wrrl defend the same against the lawful claims of all persons whomsoever .
PROVIDED ALWAYS, that rf ASpl and Fiona J. DOCtOr ,the Makerls) o) that
- {Insert Namelsll
certain promissory note dated the date hereof Ithe Notel,- their hens, legal representatives or assrgos shall pay to Mortgagee
the pnnc~pal sum of S 15, X60. 77 as evidenced by the Note, wrth rnterest and upon the terms as provxfed therein, the final
maturity date of the Note and of this Mortgage being December 7 , ig 92- , which Note provxfes tha!
all ~nstaliments bf principal and rnterest are payable at the offx:e of Mortgagee, or at wch other place as the holder may desrynate rn
wrltang, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default m the
payment of the Note, and that ~f default be made rn the payment of any installment iherrunder and that rf wch default ~s not made
' ' good rn accordance weth the terms of the Note, that the enure pr ~ncrpal vein and accrued, earned rnterest shall become due and payable
wrthout polite at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov-
enant 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 rnterest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
ments on card property: to carry rnsurance against fire on the twridrng on sail land fns not less than S - n a - ,approved
by the Mortgagee, wrth standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
budding on card land rn proper repau-
This Mortgage shall secure not only existing rrxlebtedness, but also wch future advances, whether wch advances are obl,gatory or
to be made at the option of Mortgagee, or otherwise, as are made wrihrn twenty 12G- years from the date hereof, to the same extent as
~., rf wch luture advances were made on the date of the execution of this Mortgage, but such secured rdebtednesz shall not excced a! any
7 ; nine the maximum pnnupal amount of S n/a plus rnterest, and any disbursements mane for the payment
-_ ~ ; of taxes, levees, or rnsurance, on the Mortgaged Property, wrth rnterest on wch disbursement;. Any wch luture advances, whether
- U! obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or
any other noses secured by this Mortgage. Thrs Mortgage rs given for the specdre purpose o1 securing any and all rrxfebtedness by the
-+' Maker to Mortgagee (but rn no event shall the secured indebtedness exceed at any trine the maximum pnnupal amount set forth rn this
_ a', paragraph) rn whatever manner this indebtedness may be evdenced or represented, until flies Mortgage rs satisfied of record. All cove-
.-+ Hants and agreements contained rn this Mortgage shall beepplrcabte to al: further advances marls by Mortgagee to Maker under this
future advance clause.
~.
J rJr
~' c Should any of the above covenants be broken then the Note and all moneys secured hereby shall, wrthout demarxl, d the
- ~ '++' Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, aril all costs and expenses of collection and
_ C' reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by Ir.•gal prr>cectfrngs or
,_ -. .~C ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
- :=+ GC ; IN WITNESS WHEREOF, the Mortgagor hay executed this Mortgage as of the date first atwve set forth.
-- ~. ~! Signed, sealed and delivered '
r~
m our pre ce:
____--__ fsEau
-~ (Mort agor)
~7~ • rC~. -T/~(.ys-s a.,la~w - - ~ ~,~i L?!~~_-(/ V .__ ISEALI
IMortyagor 1
STATE OF FLORIDA 1
1
COUNTY OF ST. LUCIE 1
1 HEREBY CERTIFY, that on this day, before me, an officer duly authorrred rn the State aforesaid aril rn the County aforesaid
~'n""''• As i and Fiona J. Doctor
to take acknowledgm~~4y,-appeared P to me known to be the person described
s~+ ••y.-.,.-~.,
rn and who executed {ffe foregorr~y+n~ytiq)f!nt and then acknowledged before me that_ they executed the same.
's. ~•:
WITNESS IhT ttaAdhnr~o!frual-seal l~ the County and State Ia resard this Rth day of December
A D-. 19 ~D.~ ~ r
.~' " •' G, ~ No y Public
,, ~~-v ~ / C ~ M (~ FUSUC 'TnrE Of fi''kIDA AT L! L,~
•~ Y Commission r - ~ .~ .k
.~ ~ M
~., ~ Y CON1.V17 SS I O:J [1ti' i iic> ii=C I'~ 1'r o 3
46014-000.7 Rev. 8/77 ~ •'~''::1 ~~ - 8~~4 Pa~`~~ ~ ~ONDiG 1hAU G.i*.:ri.',L Itii tif~f3cRYrki ~Ept
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