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OIRECT HOME IMPROVEMENT MORTGAGE
wirH FuTUiiE AOVANCE
THIS MORT AG made I~~s 2~th clay ol
Ma1C01111 ~. ~TY'ClA
S~ui Bank of St. Lucie County
WiTNESSETH, tnat Mo~tgagor, lor and +n consWr~at~on oi 1he p~rm~us and i~ orde. to secure the payment ol th! pr~nupal and
~m~rest on the ra~e (as he~e~nalte~ del~nedl, Mongayar hrreby q~ants, ass~gns trans(ers ancf mqtgages lo Mo~lgagee, ~ts successors and
St . Luc ie
au~gns lorever, ~he tollow~ng dexrd~ed rea~ proprrty in County. Fbrda, ~o w~t:
(Name ol Sun Banki
Lot 17, Block 43, River Park Subdivision, Unit 5, as per plat thereof
recorded in Plat Book 11, page 31, of the public records of St. Lucie
County, Florida.
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1981 fEB -4 A~4 9~ 37 _
F_ILCO R~C F[COnW'0 /O• ~07
ST.LUC tGU`IIY.f ( R. Retelved 9 ~~In Pa••mAnt ~i Taxe=
R06~R POITR.SS' Oue On Ct~ :c '•;:.. '•-~_••~ ,
CLERK CIRCUIi ~:n~~q• ~ .1 n R~.~;,.,~ : •p•:~rh.
~7 purQu~nt io Cl;an?Pr 7 i.' 3: :,: !• pr ~ u t
RFCf.A;: ~•r f;; . _ . . _ ~ .
S 1 V I~ 7~ 7 ROGER P~?! T^n.~1S ~
~-Iw-! C~rCUit COUrt, St. Luc~e. Co., F i b,
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(here~naiter referred to as the Mortgaged Propertyl, ard the Mortgagor does hereby S~IIy wa~ram the t~tle to the Mortgaged Property
and w~il detend the same aga~nst the lawful cla~ms nt all pe.sons whomsoeve~.
PROVIDED ALWAYS, that ~t ~~1CO1i11 A. Correia , the Makerlsl ot that
L Ilnsert Namelsll
c~ta~n prom~ssory note dated ihe cfate hereoi (the Note), ~i1S he~rs, iegal representat~ves or au~gns shall pay to Mortgagce
the ~~nc~ I sum of $ 5,335.74 ~ ey~dented b the Note, w~th ~nterest anJ u
p pa pon Ihe terms as prov~ded therem, the ~~nel
matur~ty dace ot the Note and ot th~s Mortgage be~ng ~~' 28 19 86 , which No~e provnles that
ali r~stallments of pnnupal and mterest are payable at the ott~ce of Mortgagee, or at wch other plxe as the holder may des~ynate m
wr~ting, and that each maker and endorser agree to pay all costs o1 collect~o~, indudmg a reasonable attorney's ~ee, upon default in the
payme~t of the Note, and that ~t delault be made ~n the payme~t of any ~nstallment the~eunder and that ~i ;;ich de(ault ~s not made
good ~n accordance w~th the terms o~ the Note, Ihat the ent~re pr ~~c~pai wm arxl accrued, earned ~nterest shall become due and payabte
without not~cP at the option of the ho~der thereol; and shatl per(orm and comply w~th each and every st~pulatwn, agreement and cov-
enant ot ihe Note and ot th~s Mortgage, then th~s Mortgage and the estate hereby created shall be vo~d, othe~w~se the same shatl rema~n
~n futl force. Maker covenants to pay the ~nterest and pr~nc~pal promptly when due. Mortgagor covenants topay the taxes and assess-
ments on sa~d property: to carry mswance aga~nst ine on the tw~kf~ng on sa~d land lor not less than S n/a , approved
by the Mortgagee, wNh stancfard mortqage loss clause payabte to Mort~ageu, the polKy to be held by the Mortgagee and to keep the
bu~kf~ng on saKl la~d ~n proP~ repa~r.
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•Ji~~~-------- . A.Q., 19 .81 __ . I~etween
---_------ ~------ IMortyagorl and
~u~~,a,d...~ ~
Th~s Mortgage shall secure not only ex~shng mdebtednrss, but also wch future acfvances, whethe. wch advances are oblgatory or
to be made at the opt~on ot Mortgagee, or u:he~w~se, as are made w~thm twenty (701 years trom tne date hereof, to the same extent as
~~ wch future advances were made on the date of the ezecut~on of th~s Mortyage, bu- such securecf mAebt!~iness shall not exceed at any
r, t~me the max~mum pr~nc~pal amount of S n~a p~us ~nterest, and any d~sl~urseme~fs macle (or lhe payment
of taxes, lev~es, or ~nsurance, on the Mortgac,~.~ci Property, w~th interest on wch d~sbursements. Any wch future advanc~s, whether ..
ob~gatory or to be made at the option of the Mortgayee, or othe~wise, may be macfe e~ther pnor to or a(ter ~he due date o( the Note or
any other notes secured by th~s Mortgaye. Thn Mortgage ~s g~ven io~ the tipec~t~c purpose oi ~ecur~nq any and all ~ndebteclness by the
Maker to Mortgagee (but ~n no event shall the secured ~ndebte!lness exceed at any time the max~mum pr.ncipal amount se! lorlh m th~s
paragraph) ~r, whatever manner th~s ~ndebteclnrzs may be ev~denced or ~ep:esented, unt~t th~s Mortgage ~s sat~sl~ed o1 record. Atl cove-
nants and agreeme~ts conta~ned ~n th~s Mortgage shall be appl~cable to ait further advances m~le by Mortg:igee ro Maker under th~s
future advance clause.
Should any oi the aGove covr~ants I~e broken then the Note arxl a~l moneys s~cured hereby shall, without demarxl, ~t the
hlo~tgaqee, so eiect, at once become dur and poyable and th~> mortgage may be ~oreclosecl, and all costs and expenset O( r,ollectton and
~easonable at(Orneys~ ~Ces, mNudinQ costs, expenses and reasonabte attorneys" }ees on a~ea~, ~~ collecced by Iegal proceecimgs or
~hroug~ ~n attorney at Iaw; shall bP paKl by the Mak«,, and the s3me are hcrPby ~cwert.
IN WITNESS WHEREOF, the Mo+tqago. has exrrcwrcf ih~s Munqage as o( ihe date (~rv above se~ iorth
Sg~ed, atect and de~~vered
~ j%' $ ~/~:G~/ ~ .
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STATE OF FI02'ldcl -
$t . I.L1C le ~
COUNTY OF 1
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_ ISEAL)
D,i~lcolm A. (Aa~a-
1~9or~yaqorl
ISEALI
1 HEREBY CERTIFY, that on th~s day, bef~re me, an ~f hcer da~y authonred ~n tne Statv aforPSarc1 arxl m the Coumy a(oresaaf
:o take acknowied ments, per ,,' ~lcolm A. Correia
9 ~~Qli{1V,~'~ed t~ me ~nown to be ThP ~rson descr~bed
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~n and who exeWted the f~,ML~g ~tt~line~ arid~ ~e __ acknowled~d belore _rye that _ he e^ecuted the same.
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WITNESS my harxl'~e'ff~t~Sea~ ~~ rhe,Gcu/Ny and State last alo~ a~d th~s _~y day ot __ '~• _,
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~: HY GOmm~ss~On Fxpnes N',Y Cv'.::.~:~~.i.. .r., .~..~ : ~~.~ ll 1VtS4
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- - . . ~' ' ~ flt'~ 3~7 PAUE 2736 6c..r.ikD -rz~u uu..r.,a i,:~ . . M1.
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