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Home My WebLink About1542~ WITH fUTURE ADVANCE MORTGAGE s1i486 THIS MORTGAGE, ma~fe th~s 18th ~~y o~ December Peter Francis Carter, Joined by Marie Carter, his wife Sun Bank of St. Lucie County ~.~ . _~ ~~- 83~8~7 ~~ A.O., 19 80 . t~etwem (Mortgagor) and iMo«~~-: (Name of Sun Bank1 WITNESSETH, that Mongagor, tor and ~n cons~derauon ot the prem~ses and ~n orde. ~o sewre the t~aymem ol the pnnapal a~d ~nterest on'the note (as here~naiter de(u-edl. Mortgagor hereby grams, ass~gns translers and mortga~es to Mortgagw~, ds successors arxi St. Lucie Cp~nty, Fbrda, t0 w~t: auigns forever, the follow~ng deunbed real p~operty m ~ That Part of 1Yact 8 of a Resubdivision of SURORA HEIGHTS, as per ~l~) plat thereof on file in Plat Book 7, at page 14, of the Public Recorda of St. Lucie County, Florida, more particularly described as follows, to wit: Begin at the Northeast corner of said Tract 8, where it intersects the West right of way line of State Road #4 as showa on the aforesaid plat of Surora Heights, and run Southeseterly along said right of way line 264.84 feet to a point; thence turn and run West ~~ 170.35 feet to the point of beginning of the tract herein described; thence continue West a distance of 60 feet; thence turn and run South a distance of 150 feet to a point; thence turn and run East a distance of 60 feet to a point; thence turn and run North a distance of 150 feet to the point of beginning. 51~~6 ~ ~ _ --/b•/~ ^ MriEIfT Oi TAIRRs ~ ` DUE dN CL~ISf 'C INTlIN6161E PENS021A1 ~ERTY. . ~ PII~SUAl1T TO -NAPTfa 71-'.~. ACiS Of tl~L ~ t, -~~ ~:' " sosElt ~::~t .A~ CL RK p't~ YiT COUNT ti LY~.IE C9 F1A.41~ . f ~ ~ ~ ~ x ~ _ ~ 'U ` : 0! " "+~ ~ ~ r O r7 Z'b, -' ~ . ; .~-7 V~ w I =~°i _ ~ ,x ' ~ ~,~~ ; >'b•~0 i - ~ ~ i ~ ~ ~ i ~ "~ cn ~~o o~c 23 ~ ~a 32 ' ' ' " FII,E~ ANC FfCORpfO sr ~t~~E C~IqI T Y. Fl A. This is a Second Mortgage ROGER PpITRAS (here~nafter referred to as the Mwtg.~ed Propertyl; and the Mortgagor does hereby fu~ly warrant ~R~~~ e~~~~Proprrty and w~~i detend the wme aya~nst the lawfu~ c~a~ms o( all p~spns whomsoever. pQCOR~ ~ f~ff '[~_ PROVIDED ALWAYS, that ~f Peter Francis Carter and Marie Carter , the Makerlsl o( that [Insert Name1s11 oerta~n prom~ssory note dated the date hereoi (the Note) their ~,rs, legal repr¢semac~ves or ass~gns shali pay to Mortgayee the rmu I sum ot 5 8~077•61 as ev~clenced b the Note, wuh ~nterest and u P Pa Y po~ the ~erms as prowded there+n, the hnal matur~ty date ot ihe Note and of th~s Mortgage be~ng December 1~ , ~g 90 , wh~ch Note prov~des that all ~ns[allments ot pr~napai and ~~terest ere payable af the off~ce ot Mortgagee, or at wch other place as the holder may des~gnate in wr ~t~ng, and that each maker anJ endorser agree to pay ail cozts oi collect~on, ~nclud~ng a reasonable attorney's fee, upon detault ~~ the payment o1 the Note, and that ~f detault be made in the payment oi any ~nstaliment thereunder and that ~f wch defauii ~s not made good ~n accordance w~th the terms of the Note, that the entire pr~nc~pal wm and accruftf, earned ~nterest shall become due and payable w~thout not~ce at the option of the hoider the~eoi; and shall perform and comply w~th each and every st~pufat~on, agreement and cov- enant of the Note and oi th~s Mortgage, then th~s Mortgage and the estate hereby created shall be vo~d, othe.w~se the same shall remain ~n full (orce. Maker covenants to pay the ~nterest and pr~nupal promptly when due. Mortgagor covenants to pay the taxez and assess- ments on said property; Io carry ~nsurance aga~nst i~re on the bu~ld~ng on sa~d larxl tor not less than S n/a , appioved by the Mortgagee, w~th starxiard matgage loss clause payable to Mortgagee, the pol~cy to be hekl by rhe Mortgagee a~xl to keep the bu~ld~ng on sa~d land ~n proper repair Th~s Mortgage shaU secure not oniy ex~st~ng ~rxfebtedness, but also wch futu~E aclvances, whether such advances are obl~gatory or to be macle at the opt~on of Mortgagee, or othe~w~se, as are made w~th~n twenty (201 years from the date hereo}, to the same exient as ~1 wch future advances were made on the date oi the execuuon of th~s Mortgage, but such secured mdebte.Klness sfialt not exceed at any t~me the max~mum pnnc~pal arnount of $ Q~ V~us ~nterest, and any d~sbursements macie for the payment of taxes, lev~es, or ~nsurance, on the Moitgaged Property, w~th +nterest on wch d~sbursements. r~ny wch tuture advances, whether oblgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~ther pr~or to or aher the due date of the Note or any other notes secured by th~s Mortgage. Th~s Moctgage ~s grven for the spec+t~c purpose o( secur~ng a~y and all ~ndebtedness by the Maker to Mortgagee (twt ~n no event shall the secured ~ndebtedness exceed at any t~me the max~mum pr~nc~p31 amount set }orth ~n th~s paragraph) ~n whatever manner th~s ~ncfebteclness m3y be evidenced or rep:esentecf, unt~l th~s Mortgage rs satisi~ed of record. AN cove- nants and :igreements contamrd m th~s Mortgage shall be appiicable to all further acfvantes made by Mortgagee to Maker ~ncler this future aclvance ciause. Should any ot the above Ca~rr,,~nts t~ brokrn then the Note antf a11 mpneys securecl hereby shall, v~~thout demand, ~t the hlo~tyayee, so elect, at once beconie due and payable and th~s mortyage may be toreclozed, and alf costs and expenses ot coilect~on and reasonablr attorneys' f¢~s, +nNud~ng costs, e~penses and reasonabic aitorneys" ~ees on a~eal, ~1 collected by Ivgai proceeci~ngs or through an attorney at I~v, shall be pa~d by the Makr~, arxi the same are he~eby secured. IN WITNESS WHEREOF. the Mortgagor ha> rxecwrcf th~z hiortyr-ge as of the date f~rst above sef forth. S~yned, sealed antl de~rveced /~ ~ ~~ our presenc ~ 11,~,/ ~ , ~ -- ~ ~ ` ~t~°,~- c./-</Ls~~cyEALI ~ IMort o~l Q'K ~ ~ • ~~ - t~/~~'~if.C'C~ ---- ISEAII IMor tgagor 1 STATE OF Florida ~ 1 COt!kTY QF St. Lucie ~ a.so~4-ooa~ Rev. am , ~ . __ .. ' ' ~ vaat I NEHEBY CERTI~~yrL~~~~~~t1y~,day, be~ore me, an ott,cer duly auihor~red ~n the Srate afor~,~ and ~n rne Coumy aforesa~d '`~ ~ '~'-"'~''~~~~~ ~eter Francis Carter ~ Marie ;~~t~~~ to :ake acknowledgrppnts, persona)~~'lppea~ wn to be the person desu~bed • i . . ~. ~n ,~nd who execuir¢thi~l~{bgq~f+ ~air~iegt and ~jt acknowledged betore me that _~~~ executed the same. • ~'!.~r: .~' 4 WITNESS mV fj1-~~r~d qt~Y 1 i ~~ County ~ind State ~oresaid this 18 da oi December . A D.. 19 _.$Q__ . -,i. ~~ t,p'. ~ , ~ n ,~ ~f~ , ~ . ~ ~ ~ ~!L ~~ , . . L' ~ ~}f - .<iy, .i~~ C r . N a.y Pubt~c --- •r ...._ ,.•~. 6 Comm~zs~or~S n1Wx nAh Of FLORIOA AT LA~ . j MY COMMISSION EXPIRES OK 19 1983 60oK3~5 PaGE1540 ~ T-~, ~E~,-~ '-~ ~WR' ~~ E ..~ „~~.. V.~i•