HomeMy WebLinkAbout2746DIRECT HOME IMPROVEMENT
W1TH FUTURE AOVANCE
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Th~s Mortgage zhall secure not only ex~st~ng ~rxleb!e~lnr,ss, bot also wch futu~e aclvancrs, vr•hether such advonces a~e ot>l~gatory or
to be made at the option ol ylortgugee, o~ othcrw~se, as are m.xf~ w~thm twenty 120) yrars from the da~e hereo(, ro the same exiem as
~1 wch future advances were made on !he date ot thc• execut~en ot th~s Mortyage, but such secu~^c1 indet~n~clness sh;,tl not exceed at any
hme the max~mum p~~nc~pal an,ount of 5 N~A ____ i~i~s ~nterest, ancf any d~sbursements made for the paymem
of ta^es, tev,es. o~ ~nsurance, on th~ Moityagecf P~operty, wnh ~nterest on -~xh d~st~ursements Any such (uwre advances, whether
obl~gatory or to :~x made at ihe opt~on oi the Mortqagee, or otAeiw~se, may be macle erther pnor tn or ofie~ fhe dur date of ~he Note or
an~ other notes secured by :h~s Mo~te~ye- ThK Mortqaqe ~s grven for the spec~t~c pu:~~se ol ;ecu~~=ig ~ny ancl a11 ~nclebtedqess by the
hiaker to Alortyagee (but ~n no event shaU the secwed md•rbtedness exceed a~ any t~me the max~mum prmupai amount set torth ~n th~s
paragraph) ~n wh~tever manner th~s ~~xlebtedness may b. ev~dencecl or r!p-¢NnTed, unt~l /h~S Mortgage ~s sat~s(~ed o( ~ecord. Atl cove-
nants and :M!eements tortta~ned m th~s h7ortgaqe thali be a~K~l~cat~lr. to all furthtr advancPS rn;x1~• by Mo~tqegtw to M.~kr.r unefer th~s
~uture aJvance Nausr
Shou~d any o1 th~ :~ove COVrn~n~S t»~ broken then the Note ~nd ail mon~ys wtwt~d hereby shall, without de~marul, ~f the
fllortqagee, so e'ect, at on~e brcomr due and payable aiul th~z mnrtyage may tx to~eclox~cl, ;uxf all cosl5 an~1 expenSes 0) cO~IBChon and
•eawn~i~ atio ney;" fees, ~ncluding costs, expenses a~xi :easonable attorneys' lees on ap;~eat, ~f coilected by legal proceecl~nqs or
through an attorney at tdyv, shalf be paK1 by ihe MakPr, arxl thv s~me a~e here~y securecl
IN WITNESS WFiEREOF, th~ P.1~rtqacp. h~ - .-..e•eut~~! th~s Morrc~ge as of rne datf~ f~ru al~ov~~ :vt fo~rh
S:ynrd. sealed ancf de~~v~r~ci
~~ our presence
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1981 fE~ -4 !~ 3~ 38
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FIIEC RhC ~cCOf+(1zC
STATE OF FIARIDA ~ ; ST. LUCIE CCUN t Y.f l A ~~~~
(iOGER POITRAS ^
~ CtEAK Ct~CJI? CCL'R:
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courvrv oF ST. LUCIE ~
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I HEREBY CERTIFY * y~h~, be
~ t~.~~~~.I~~• YI ~•~:r,ea~ t°~ ;~ . .. _
fore me, a~ ofhcer du~y .~ orvtrf ~n M•r $t,;fB dfOt~SeK) ~rxl m the County aforesad
ro :akv ackr,owleUgmeni~~pelaqdtt~I ~pppared
• ' =i~ ~ • _ ` `. .SUSdfI I,. Draw~ _ _,o me kncwn io be the pe~son descr~becl
~n and ~ryho exeCUted Z~t~egolb~lnstrument an
~f d Stl~__ atknp~ryiedgc~l t~etoie mr. that __ She execyt ~he same.
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WITNESS my har~ei~~K~al ~~ i~e COUnty and StaTN ~ast afo~rsa~d th~s 2nd ~~d~ Fe4rual~
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y Pub ~c
Nota. ARY /l~l~ sTA1E a
~~AT L/IK'~E
My Comm~ss~~n E~s
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-_ ~ MY C0INMISS~ON E7?I AK. 2~ 19~2
4 6014-OOp~7 Rev. 8177 80pK 3~7 PAGf ~ 1•,~ sONO~ TM~ ~~~~"'"~t~
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MORTGA~E sls~o ~~-~3a ~~ ;
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TNIS MORTGAGE. maJe ~n,s _2nd c~y ~I __F@b1Ud~- ------------ . A O. 19 81__ . t~riwer~
Susan L. Drawdyl a single adult ---_-- _- ----- ___ _-- _ - ~ti~o,,~„~ ;,~
Sun BarLk _Q~$~, Lucie C°
~~------ ------- ~ -----____ IMor~yagee-:
INameol Sun 8ank1
WITNESSETH, that Mo~tgayor, fo~ a~d ~n cons~derat~u~~ O( the prem~ses ancf ~n o~dri to secure thr p~yment o1 the prmc~pal antl
~nte~est on.the note las here~nafte. de~~nedl. Monyayo~ hrreby y~ants, ass~yns nanslrrs and mortgagei to Mo~tgagre, ~tssutcesso~sand
ass~gns torever, the tollov+ung dexr~ed real propcrty ~n St. Lt1C1E ._ ____ Coun~v. Fio~da, [o w~1:
From a point in the center of the pavement on WHITE CITY RD.,
said point being on the E. line of the N.E. 1/4 of Section 4,
Township 36 South, Ranqe 39 East, and being 10 ft. North of
the S.E. corner of said N.E. 1/4, thence South 89°51'48" W.
994.68 ft;, thence North O°08'S6" W 30 ft to the North right
of way of WHITE CITY RD. (SR 712) and the POINT OF BEGINNING,
thence continue North O°08'S6" West 262.76 ft., thence N 89°51'
48" East 165.78 ft., thence South O°OS'56" East 262.76 ft.,
thence South 89°51'48" West along the North riqht of way of
/ WHITE CITY RD. 165.78 fet to the POINT OF BEGINNING. ~Containing
7 one acre, more or less. - ~
Rece~ve~f S ~"'' ~~ In Payment Qf TBxe!
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This is a second mortgaqe. O~:F nn Ci;:~s "C" Intanpibfe Perso~a~ proM-.ty,
- o~,-~:;~~nt To Chapter 71. 134. .~cts O' '9~j.
. ROGER PniTRAS C~,~~~
~ •~IP'~ ~Irrul~ CQu: , ~Jt. l.:i~i . ~_. (~~>i.
~ (here~naite~ referred to as the Mortgagc~cf P~opertyl, a~x! the Mortgagor does t~~rei~y luliy wa~~ant the I~Ue to the Mortgagecf P~operty
-~~ and wnl de(erxf the same aya~nst the lawful cia~ms ol all perions whomsoever.
.' .-• PROVIDED ALWAYS, that ~~ __ Susan L. DY'awdy __„_ ,~he Ma1.e~ls! ot that
- ' ~ ` jlnse~t Namelsli
ceriam prom~ssory note clatc~l ihP dare hereof hhe Alotel,- hea~, legal representaiwes o~ ass~gns sha11 paJ to Mortgagee
the pnnupat sum of 5 ~~O7Z.2~ as ev~denced by the Note, wrth ~nte~rst ancf upon the ~e~msasR~ov~ded there~n, the final
~ - . matur~ty date ot the Note arxi of th~s Mortgage be~ng February 4_ ,» 91 , wn~cn Noce vro~~des ~na~
all mstallments ot pnnc~pat ancf ~nte~est are payab~e at the olf~ce ol Mortyagee, or at wch other pixe as the hokier may des~gnate m
i. t wrrt+ng, and that each maker and endorser agree to pay al: costsof collecUOn, ~ndud~ng a reasonable attorney's fee, upon defauh ~~ the
payment oi the Note, and that ~f default bc made in the payment of any mstailment thereurxfer and that ~f wch de(ault ~s not made
_ , good m accordance wuh the terms of [he Note, that the entue prtnuPal wm and aCCrued, eained ~nte~est shaL' become due a~x1 payabie
w~thout not~ce at the opuon of ~he hokfer therc~(, and shall pertorm and comply w~th each aruf every supulatan, ayrerment ancl cov-
enant ot the Note and oi th~s Mo~tgage, tfien th~s Mortgage ancf the estate hereby crratEd sirall be vo~d, aiherw~se the same shali rema~n
~n tull fo~ce. Maker covenants ro Fay the ~ntrrest arnl pnnapal promptly yvhen due. hlo~tgaqor covenants to pay the taxes and assess-
ments on said prope+ty; to carry ~nsu~ance ayamst (ue on the tw~klmg on sauf lancl for not tess than $ N~A , approved
by thp Mortgagee, w~th starxfard matyage toss dause payabte to Mortgagee, the pol~cy to be heki by~the Mortyayee and to keep the
bu~td~ng on said larxl ~n proper repa~~.
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