HomeMy WebLinkAbout1217DiRECT HOME IMPROVEMENT
~viTN FUTURE AOVANCE
~
M4RTGAGE ~~'~ ~3~ 8'3
51~#861 '~~
THIS MORTGAGE, macfe Ih~i __~a~~~__-~ day ol ____ J$I111~~__,._.________ , A O, 19 f_31_ _, be~~tirr.n
Lindsav C_ .MS~I~[lY_s~~J4~iL~~~Clennv,_h~_~-~€~---- ---- - ~nn~~~y~yo,~ ,~~x~
Sun Bank of St. Lucie CountY. Ft. Pierce ~ ________T__ ..__ __ ___ iMo~~y,,y~!.
l Neme ol Sun Bank ~
WITNESSE7H, that Mortyagor, tor a~Kf ~n cons~de~ot~on of the premises a~xl in orUer to wcurr thr pay~nent o! ihe prrncqWl ~~x1
inte~eil on [he note las here~natte~ del~nedl, Mo~tyayoi hr~eby y~ants, ass~yns t~ansle~s and moit9agei to Mo~t~,igre~, ressuccrsso~ta~x1
ass~gns torever, the louow~ng descnbed ~ral pioperty ~n _ St. Lucie -- -i--- __ co~„~v. F~o~K~a. ~o w~~
Lots 8, 9 and 10, Less the West 70 feet of Lot 8, Block 15, ~3~g0
INDIAN RIVER ESTATES, UNIT THREE, a subdivision as recorded
in Plat Book 10, Page 47 of the Public Records
of St. Lucie County, Florida.
THIS IS A SECOND MORTGAGE.
. K.. .. ~=~fo s ~~. a l !II ~A11!!~M 0- T~
•-, [t~c GY CI~SS •C htTA:iG;8lE Pe.RSO!iAl PRO?E4Tr• ~B1 J~~'~ 26 ~ j f~ 0~
f Ui::,J~11T TO C~+1PTEti 71-1~4. ACTS Of 1~71. ~
.,7 R06~It PqiRAS FitEO ehC F~' ~
.._. CifW( piGUli COlRT, =T. WCIE CQ., ~~ , Sf.lUf,fF CCUV Y f1 A.
RCGCR P(1j; ~"1:;
. . i ~ CLE(iK Ct~~U:~ rn,., -
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~ (here~nafter referred to as the Mortgaged Property-, a~xl the Mortg•~gor does hereby tu~ly wa~iant the trtte to ihe ~dortgage.d Property
~ and w~U defend the same aga~nst the lawfu~ cla~ms of all persons whomsoever.
~ . -
• PROVIDEO A~WAYS, that ~( Lindsav C_ i~lcClenny drid J1~~1 C_ 24CC1GriIIY , the 6lakerl;) ot that
- (Insert Namelsil
~ Cerla~n p~omissory note datcd the date hereo( (the Notel,t}lE1?" he~rs, legal representa~~ves or ass~gns shall pay tb Mortgagee
the pr~nc~pal sum of $ 9" lU7 - 40 as ewdenced by the Note, w~th ~nterest and upon the terms as prov~ded there~n, the i~nal
matur~ty date oi the Note and of th~s Mortgage be~ng January 22 . ~g 91 , wh~ch Note prov~des that
,, all ~nstaliments oi pr~nc~pal and ~nterett are payable at the oit~ce o( Mo~tgagee, or at wch other pf~e as the holder may des~gnate ~n
•• wrrtmg, ard that each maker and endo~ser agree to pay all costs of coilect~on, mclud~ng a reasor~~ble attorney's tee, upon defaut~ ~n ~he
payment oi the Note, and that ~f def~it be made ~~ ihe payment o1 any installment thereunder and Ihat ~i wch detautt n not made
good ~n accordance with the te~ms of the Note, that the ent~re prfnc~pal wm a~d accrued, earned ~nterest shatt become due and payabte
w~thout not~te at the optron oi the holder thereoi; and shall perlorm ancl comply w~th each and every st~pulatan, agreement ancf cov-
e~ant of the Note and qt this Mortgage, then th~s Mortgaye and the estate hereby created shall be vou1, otherw~se the zame shall rema~n
~n full force. Maker covena~ts to pay the interest and pr~napal promptiy whe~ due. Martgagor covenants to pay the taxes a~d assess-
men[s on sa~d property; to carry ~nw~ance against fire on the bu~ld~ng on sa~d tand for not tesz than $ n/a , a~u,fl„~
by rhe Mortgagee, wrth standard mortgage toss clause payabtP to Mortgagee, the pol~cy to be he3d by the Mortgagee and ro keep the
bu~ld~ng on sa~d lan~ ~n proper repa~r.
Th~s Mortgage sha4 secure not oniy ex~st~ng ~ndebteclness, but also wch !uture aclvances, whether wch advances are obl~yarory or
to be rnade at the opt~on of Mortgagee, or othe~w~se, as are made w~th~n rwenty (20) yearz irom the date here~t, to the same extent as
~~ wch futu~e advances were made on the.date of the execution of ih,s Mo~tgage, but such secured mdebtedness shall rx~t eacred at any
_ t~me the max~mum prmapat amount of S n~a plus ~n~erest, and any d~sbwsements made tor the payment
__ / of taxes, lev~es, or ~nsurance, on the Me+tgaged Property, wrth ~nterest on wch d~sbursements. Any wch future advances, whether
_ _ ob~gatory or to be made at the opt~on o~ the Mortgagee, or uther;k~~, may be made e~ther pno~ to or after the due date ot ~he Note or
•, any otAe. notes secured bY thrs Mortgage. Th~s Mortgage ~s g~ven for the speaf~ purpose of sewn~g any and all ~ndebteclness by the
~_ ?, Maker to Mortgagee (but ~n no event shati the secur¢d ~ndebtedness exceed at any tu~ne the max~mum pnnupal amoum set forth ~n th~s
_ ~ragraph) m whatever man~er ~h~s ~ndebtedness may be ev~denced or rep~esented, unUl this Mortgage ~s sanst~ed ai secord. AR cove-
- y' nants and aqreements conta~ned +n th~s Iviortgage shall be appl~cable to ali iurther advances made by Mo~tgageP to Maker under th~s
rr future advance clause.
_ _ ,~
~ Should any of the aborP cover~ants be broken then the Note and a~~ moneys secur~f he~eby shall, w~thout Aemancl, ~t -he
~ x; Mortgagee, so etect, at once become due and payab~e and th~s matyage may be forectoveci, ancl aU costs an~f expenses ot colfection a.ui
_. reasonabie attorneyz" fe¢s, mauA~ng costs, expenses and reasonable attorneys" ~ees o~ a~eat, ~i coltected by Iegat proceecl~ngs or
` ~ throuqh an attorney at layy, Shalt be pa~d by the Maker, ancl the same are hereby secu~ed
~ x ,
~~, IN WITNESS WHFREOF, the h7ortgagor has executeci th~s Mortgage as oi the date firzt abovv ser fo~th
- ' ned, aleil and det~verecf
~ m o resence: --^
~~ /~ ~~
+~ - ~ -- i~r~~C~_~!!~~/~-fc`~, (SEAL)
~~~ • ~ / (fslor19agor) ','i~~~~'
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~ ~ I~vlortyago+) /
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STATE OF FIARIDA -
1
COUNTV OF ST. LUCIE -
! HEREBY CERTIFY''s~_~,tAis day, betc~e me, an ofhcer duly author~ied m the Siate a~oresaaf and ,n tnr County aforesa~d
to take ackFlOwledgmentt;~f~~ )sb~ly j~J Lindsav C. & JOd11 C. MQCI.Et~g~e know~ to be the perspn descr~bed
j`+_ ~~~
~n arxl who executed itJe~fofegpmg ~nsiru~t and they _ acknowledged before me that they executed the same.
WITN~$S my handf~ Oftiua! sea!•~n'}he County arxf State ta~t afor ~d th~s day o1 January __
AD.,t7 1 ~' Ii. ~~ '
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• • Notary Publ~c
~ ' , A7y Comm~ss~on Expires.
• . -« ,~ c,Rr o1:811C STA?F Of iLORIDJI AT lA1Ci
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