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Home My WebLink About1942 DIRECT HOME IMPROVEMENT MORTGAGE ~~ ~3a ~~/ WITH FUTURE AOVANCE ~~~~ J~ ~ / THIS MORTGAGE, made u,~s __ 16th i~Y_a~ __ D@C@lllb@r _` _ A O. 19 80__ , briwrrn McCov M. Kudlak~Jr. _Joined by Yvonne M. Kudlak, his wife ____ ____ ~~~~„y,~„ ~„~~ Sun Bank of St. Lucie County, Ft. Pierce, Florida __ ~ ,~Mo,,y~Ne-: ~Name ol Sun 8ankj , WITNESSETN, tnat Mo~tgagor, fo~ a~xt ~n cons~deral~on ol the prem~ses a~W ~n orde~ to secu~a ~he {Wyment ol Ihe pr~nc~pal and ~n~rrest on the ~ote (as nrre~na~ter tlelinecll, MO~tyagOr heretiy grams, ass~gns t~anslers and mor~y~ges to Aloftg.xjee, ~ts successors and ass~gns foreve~, ~he lo~low~ng descr~l~ed ~ra1 propr.ty ~n St. LUCl@ _____ Cp~~~~Y. Fb~Kia, t0 w~t: Lot 20, Block K, MARAVILLA ESTATES, according to the Plat thereof as recorded in Plat Book 8, Page 77 of the Public Records of St. Lucie County, Florida. THIS IS A SECOND MORTGAGE. 4P~n'~ •- c ' I ~` ~ ~ , - -- in f~ay~n~~~; Oi Taxes ~asc ••~..;ntanQibl~P~rsonal.P~p~~ ..: .. .~: ~: ~o Chapie~ 71• ~~ ~ Ot 1~71. • - ROCEA ~ b ~,1 Clerk Circuit Cpyf~, ~ ~~ ~ ~ ~ (here~nafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby (ully war~ant the titte to the Mortgag¢ci Property and wnl detend the same aga~nst the lawful dauns of all persons whomsoever. PROVIDED ALWAYS, ~nat ~e MeCoy M. Jr. and Yvonne M. Kudlak , the Maker~s) of that (Insert Namelsll certa~n prom~ssory note dated the date hereof (the Note) their -~~~s, Iega1 representat~ves or au~gns shall pay to Mortgagee the pnnc~pal sum oi S 7.024. 7~ as ev~denced by the Note, w~th interest arid upon the terms as provided therein, the 1~nal matur~ty date o( the Note and ol th~s Mortgage be~ng December 15 , ~9 90 , wh~ch Note prov~des that all ~~stallments ot prmupal and ~nterest are payable at the ot(~ce ol Mortgagee, or at wch otAer ptace as the hotder may des~gnate m wr~ung, arxl that each make. and endorser agree to pay all costs of collecuon, ~nclud~ng a reasonable attarney's tee, upon detault ~n tAe payment of the Note, and that ~f default be made ~n the payment oi any ~nstallment thereunder an~ thas ~i wch detautt n nut made good ~n accordar-ce w~th the terms of the Note, that the entire pr~ncipal wm and accrued, earncd ~nterest shall becorne due and payable w~thout not~ce at the option of the holder thereot; and shall perform and comply w~th each and every st~pulatan, agreement and cov- enant of the Note and oi tAis Mortgage, then th~s Mortgage and the estate hereby created shatl be vo~d, otherw~se the same shall rema~~ ~n futl force. Maker covenants to pay the mterest and pr~napal promptly when due. Mortgagor covenants to pay the taxes a~d assess- rt-ents on sa~d property; to carry msurance aga~nst f~re on the bu~~d~ng on sa~1 land for not less than S n~a , aPV.o~d by the Mortgagee, w~th standard mortgage :oss clause payable to I~iortgagee, the pol~cy to be hetd by the Mortgagee a~d ~o keep ihe bu~lding on sa~d lard ~n proper repa~r. Th~s Mortgage shall secure not only ex~st~ng ~ndebtedness, but also such future advances, whether wch aclvancez are oblgatory o~ ~. to be made at the opt~on of Mortgagee, o- otherw~se, as are made withm twenty (20) years from the date hereo(, to the same extent as +'' ~f wch future advances were made on the date ot the execut~on o( this Mort Y ~ gage, but such secured mdebtedness shaH not exceed acan ~: _ p~ t~me ihe max~mum pr~nc~pal arrount of $ n/a plus interest, and any d~sbursements made for the payment ~ V{ of taxes, Iev~es, or ~nsurance, on the Mortgaged Property, w~th ~nterest on wch d~sbursements. Any wch tuture advances, whether ~f obtgatory or to be made at the optwn o( the Mo~tgagee, or o[herw~se, may be made e~ther prwr to or after the due date ot the Note or ~ V any other notes secured by thn Mortgage. Th~s Mortgage K g~ven for the spec~F~c purpose of secunr-g any and all ~ndebtedness by tlw ai Maker to Mortgagee (but m no event shall the secured ~ndebtedness exceed ai any tHne the max~mum pnnapal amount set forth ~n thn _ paragraph) ~n whatever manner th~s ~ndebtedness may be ev~denced or represented, until th~s Mortgage ~s sat~sLed o~ reco.d. A11 cove- n . nants arxl agreeme~ts conta~ned ~n th~s Mortgage shalt be appl~cable to alt further advances made by Mortgagee to Maker under thn `' +~ tuture advance clause. ~ N ~ ~~ `r'~ Should any oi the above covenants be broken then the Note and all moneys secured hereby shall, wrthout demand, d rhe ~ ~ ~ Mort ~ ~ x gagee, so elect, at once become due and payable and th~s mortgage may be forectosed, and all costs and expenses of collect~o~ and ^" [ reasonable attorneys' f~, ,nclud,ng costs, expenses and reasonable attorneys' f~ on appeal, ii coileded by legal proceed~ngs or : I~ ; rp` through an attorney at law, shall be pad by the Maker, and the same are hereby secured. z , ~ f '~~ IN WIT~.ESS WHEREOF, the Mortgagor has executed tA~s Mortgage as of the date l~rst above set fo.th. -- 4 ~~ S~gned, sealed nd delrverecf m our orese : ' t "_ IGGC/ ~ ~/ -- ".~~~~G ISEAU ~ IMortgegorl ~ ~ ""`'' ~ ~ r ' ISEALI 1 Mo~ tgagor - STATEOF FLORIDA - COUNTY OF ST. LUCIE ~ a b014-OOp~7 Rev. S/77 ~_...........a~~s:•~:..~. -.-._ -. 1 HEREBY CERTIFY, th~An.thj; dsy, before me, an off~cer duly author~red ~n the State a~oresa~d arxi ~n the County aforesa~d `~.~` ~~,..; . '~ ii McCo M. Kudlak Jr. ~o take a:knowledgmeny;`p~flM-A1f~.q~eaf~ y _ ! _.___ t~ tnd k~own to be the ce~son deur~bed m anA who execu~ed ti~e fo~egp~ i•~inst[~jeerand ~_ he acknowledged betore me that _. he _ executed the same. WITI~{~,$S my ~aNa'p1~fj~Lin~ihY~~My and State st aforesa~d th~s 16th day of ~Cem~r , A D., 19 a~ - =~ ;;rt tA ~ F' ..; : / rG O' _ ~~~~ j y? !l ~': `~v _ .W~~~ ~ ~(J /L[~-'~ " . J ~ , :~r ' ,' " . , " .A ;'~A.~ ~ C _ t<<~ . tary Pubhc ~ , ~ , ~ ~~ ~' l~, ';4._~'~~ ; v Commnsa~~sP;,~C!C ~T%.!E G~ FIORIDA Ai lA~¢ ~ ;_ ''1 ~ ~ MV CO.':.'AISSIQ': E~.~t-~j JEC 19 1983 ` BOOK~~ P~i{~ pt+O:G ir,RU Gin:R;.i l;.5 ~ t'E~t~'••..•..~•.•• ~~w;k~LM l' ~~__ __~