The URL can be used to link to this page

Home My WebLink About2354 DIRECT HOME IMPROVEMENT -VITN FUTURE AOVANLE ~ MORTGAGE s~~ 8~- ~3a 9i~v ~ / THIS MORTGAGE, made Ih;s 12~ ctay of March ~_ , A.D.. 19 8~_ , between E. Frank Samuel and Geraldine W. Samuel, his wife~ _ 1Mo~~ya9o~- ~~ orn~er y ra ne eas ey _ ~. o-..~ -i ~.. __ _ _ ~nno~tgagee~: WITNESSETH, that Moitgagor. (or and m co~s~derat~on of the prem~ses and ~n oider to secure the payment ol the p~~nc~pa~ ancf ~nte•est on the note las here~na(ter de(~~edl. Moitgagor he~eby ~cants, ass~g~s transfe~s and mo~tgages to hlort9agee, rts suctesso~s ~nd ass~g~s lorever, the fotlow~ng descrt~ed ~eai p~operty ~n St. LUC~@ ____ County, Fbrrcia, to w~t: ~g,i~ Lot 10, Block 2, of SUNRISE HOMESITES, as per plat thereof on file in Plat Book 13, Page 14, of the Public Records of St. Lucie County, Florida. (This is a Second Mortgage. ) ~~ NaR ~ 7 ~{ j~ 48 • FtLE~RA F ,? IN PA1fMfNT OF TAXEi S L ~ ~ f f CON[?~ 0 R£CEtVED f~ RCGFR Pp1TRASa SONAI tAOPE~tY DU~ ON CIASt 'C' iNTAH6 ~L£ PiR . CIERK CIRC U I T C C t~ R; ACTS Of 1 ~ 7 1. 4 7i ..,~ ~., .~ ~: ,~ ~~ , - PU~SUAIIT TO CHL,PT~ Z ROsE.i P~It~.AS f .Rt1 ~ ~ :~: ,~ _ i=-' p j G ~ CIERR qACWT CO~RT. ST. LII:IE C0. ~ - ~ j ~ ~ S~~ t', -~ '- , = ~ (here~nafter referred to as the Mortgaged Propertyl. and the Mortgagor does hereby fully warrant the t~tle to the Mortgagecf Property . ~•y` and wid defend the same aga~nst the lawiul clauns of all persons arhomscever. ~~ ~~•t PROVIOED ALWAYS, that ~t E.Frank SaI11II@1 & Geraldine W. SdIllLiel , the Makerls) o! that Ilnsert Namelsl) ~ certain prom~ssory note dated the date hereof ~the Notel, their ~,~5, legal re{HesentaUVes or au~gns shall pay to Mortgayer ~ - the pnnupal sum oi S ~ 2.095 _ 34 ~ ewdenced by the Note, w~th mterest and upon the ~erms as prowded therem, the final ` maturity date of the Note and oi thn Mortgage be~ng _~r _h 11 , tg ~_ , whKh Note prov~des ~hat " ail mstaliments oi pr~ncipal and ~nterest a~e payable at the oftice o( Mortgagee, or at wch other place as the holder may des~gnate ~n :` E wrrtmg, and that each maker a~d endorser agree to pay alt costs o( collection, mclud~ng a reasonable attoroey's (ee, upon default ~n the i payment oi the Note, and that if defauit be made in the payment ot any ~nstallment thereunder and that ~f wch default +s not made go~xf ~n accordance with the terms of the Note, that the entire pr~nc~pal wm and accrued, earneQ ~nterest shall become due and payable without not~ce at !he option of the holder thereof; and ihall perlorm and comply w~th each and every st~pulai~on, agreement and cov- ~ 7 ~ enant of the Note and oi this Mortgage, then th~s Mortgage and the estate hereby created shall be vo~d, otherw~se the same shall rema~n ~n full torce. Maker covenants to pay the mterest and pr~nc~pal promptty when due. Mortgagor covenants to pay the taxes and assess- :' ments on sa~d property; to carry ~nsurance against fue on the bu~ld~ng on sa~d land for not less than S ~T~ , approved ~ by the Mortgage?, w~ih standard mortgage loss clause payabte to Mortgagee, the polKy to be held by the Mortgagee and to keep the bu~ld~ng on sa~d land m proper repau. ' Th~s Morigage shalf secure not onty ex~st~ng ~~debtedness, but atso wch luture advances, whethe. wch advances are oblgatory or ~„ to be made at the option of Mortgagee, or otherw~se, as are made w~th~n twenty (20) Years trom the date hereof, to the same extent as +! rf wch future advances were made on the date of the execut~on o( this Mortgage, but wch secu~ed ~ndebtedness shall rqt ezcee[1 at any ~ ~' - a t~me the max~mum pr~nc~pal arrount o( S A~d p~us ~nterest, arxf a~y d~sbursements made tor the paymem 'v' of taxes, lev~es, o~ ~nsurance, on the Mortgaged Property, w~th ~nte~esi on wch d~sbursements. Any wth future advances, whether - ~ o5lgatory or to be made at the opt~on ot the Mortgagee, or otherw~se, may be made e~:her pr~or to or aiter the due date oi the Note or -.-~ any other notes secured by th~s Mortgage. Th~z Mortgage n given tor the spec~t~c Ourpose ot secu~~ng any and all ~ndebtedness by the ~ ~ i Maker to Mortgagee (but m no event shall the secured ~ndebtedness exceed at any time the max~mum pr~napal amount set forth m th~s " ..]' paragraph) m whatever manner tha ~ndebtedness may be ewdenced or represented, uMil th~s Mortgage ~s satahed of reco~d. All cove- ~__ ~ nants arxf agreements conta~ned m this Mortgage shaU be appl~cable to all further advances made by Mortgagee to Maker under th~s ~ u tu[ure advance ciause. ' ~ !1i. _ ~+-+' Shoufd any o( the above covenants be broken then the Note arxl all moneys secured hereby shatl, w~thout dema~ef, ~1 the C^ Mortgagee, so e~ect, at once become due and payable and th~s matgage may be toreclosed, and all costs and ekpenses of collect~an and ~ y ~ reasonable attorneys" tees. ~nc~ud~ng costs, expenses and reasonable aitomeys' ~ees on appeat, ~f co~lected by iegal proceed~ngs or ' _~ .~ through an attorney at law, shall be pa~d by the Maker, and the same are hereby secured. ~ - M IN WITNESS WHEREOF, the Mortgago~ has executed th~s A+lortgage as o( the date i~rst above set forth. - ~ - ~fr S~gned, sealed and delrvrred ~n ou~ presenc . ~ ISEAL) , (Mortgagor) ~~~~j~~i~ 0/I D~J~'l~l~.~~ - -,rL1'~/~%~G -t-~ L!/ ~Lisset~i~ ISEAII _ ~ (Mo~tga9or- STATEOF FLORIDA ~ 1 COUNTY OF ST. LUCIE 1 1 NEREBV CEfiTIFY, that on th~s da ~rf ~ 3n}~fl~cer duly authonred ~n the State aforesa~d a~d m the County atoresa~d ,~ Geraldine ~o me k~own to be the person descr~bed to ~ake acknowledgme~ts, personally ap ~ ' '•' - . ~.' • ~n and who e~cecuted the forego~ng ~P~ent at~~ ~ ~ ackn~~vledged beiore me that they execueed the same. i' ~ ~' ~ ' ~ ~ h~~CO~~fly a~ }i~ Wst aforesa~d th~s 12th day o1 t~larch WlTNESS my hand and off~u~l~ ~ ~ ~ A.D., t9 ~_ . ~ • : ~', ~<'~:. ".~ . _ '", ~ •,• `. ,. . • . Notary Pubi~c ,•~5t ~' • MY Comm~ss~ort~d~A7s~u1C STA1E Of iLORIDA A~ LAR~ ' ~ r ~ µ~ : OMMi55 ON EX-~RfS ~Ya. Z3 ISd2 iRS ~ ~ ~ ~ 50t4-000-7 Rev. 8/77 bGNDED tMRU GEt:ERAI INS lXJOER.~:1 ~(~ p~ rW f .t~~•t~.e IrM