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HomeMy WebLinkAbout0927DiRECT HOME IMPROVEMENT MORTGAGE ~" ~ ~3a ~~s v~~TN FUTURE ADVANCE ~~~~/, ~ d THIS MORTGAGE. m,,Ue tn~s _~~1-------_- dav n~ ---- -F~l'lldl'~l___.__-_ --. _ , A p. 19 BL _. I+ctwren ---- --_~~t.QI1-~ -------------------------- --- - - - --__._ Iblortyayorl an[! _ _____ Sun Bank of_St._ _Lucie _Count~r _ ____ __ __ _ , ... - --- - -- --- ~nAo~~gagre~. ' ~ ` IName Ot Sun Bank~ WITNESSETH, ~hat Mortyaqo~, loi arK1 ~n cons~dr~atwn 01 ihC prem~WS dnd ~n o~qr~ to srw~r tne p~yment o~ U~e pnnapa~ a~d intrreu on the npte tas ~ere~natter Arl~nedl, Mo~~yaynr hrrrby yiants, asz~gns uansie~s and mor~yagrs to Alo~tgagee, ~tssuccrsaorsand aes~gns foreve~, the fouo~v~ng drscr~rd ~ra1 p~oprrty +n _________ St. I+uCl@ _ _ _ C~~~y, FIO~KIa, to wit: ~', Lot 32, B1ock 253, PORT ST. LUCIE, SECTION FOUR, according . to the plat thereof, as recorded in Plat Book 12, pages 14A through 14G, of the Public Records of St. Lucie County, Florida. '~ THIS IS A SECOND MORTGAGE. ~ 1981 F~~~ 10 ~~~ :~ 09 R~Iv•d • ~~ f' ~ in Payment OI Taxe~ _ ... ~ • ~ ~t t c +~hr ~~ coa~~i a Dw On ~ 5' lUClf CO~'NiY.il i~_ ~M C" int~tn~ibie Personal P1rpp~y~ RCGER f'OITRAS PW~yyx TO C1M C~E?tt ^la~711 c.^.v~i OM- 71. 134. Acts O} 1871. i . ~ . . . .. . _ RO~iER FdITRA3 .~~ ~k ~+k CbutR ~t. Lud~, Co.. Fla. ~ 1~ ~ 516456 (here~natter relerred to as the Morigagecl Propertyl, and the Mortgagor does hereDy fu~ly warrant the t~tle io the Mortga9ecl Property and wnl defend the same agamst the Iaw(ul cia~mc ol all persons whomsoever PROVIDEU ALWAYS, that ~i Dalton Athev _ __, the Maker~s! oi that (Insert Namelslj ce+ta~n prom~ssory rwte datecl the date hereof (the Notel, hl$ heus, Iegai +ePresentatwes or ass~gns shall pay to Mortgagee ihe pnnapal sum of 5~- 78 as ev~denced by the Nute, w:th mterest arxl upon ihe terms as prov~ded there~n, the hnaf matur~ty date of tha Note and of this Mortgage be~ng Februarv 7 1g91 , which No~e prov~des that all ~nstallments oi prenc~pal and ~nterest a~e payabte at the otf~ce oi Mortgagee, or at wch other piace as the holder may dei~gnate ~n wr~t~ng, and that each maker and endorser agree to pay all costs of collect~on, ~nclud~~g a reasonab~e atto~ney's fee, upon detault ~n fhe payment of the Note, and that ~f defautt be made ~n the payment of any instaliment thereurdPr and that ~t wch deiault n not made good m accordance w~th the terms of the Note, that the erttue pr mapal wm and accrued, earned mterrst shall become due and payable w~thout not~ce at the optw~ oi the holder thereot, and shafl perio~m and comply w~th each and every st~pulat~on, agreement and cov- enant of the Note and oi th~s Mortgage, then th~s Mortgage and thc estate hereby ~reated sha!I be vod, otherw~se the same shall rema~n ~n tull force. Maker covenants to pay the ~nterest and pnnc~pai piomptly when due. Mortgagor covenants to pay the taxes a~l assess- ments un saK1 property; ro cany msurance aga~nst Lre on the bu~id~ng o~ sa~d land ~or not iess than S Ill$ , approvecf by the Mortgagee, w:tA sta~dard mptgage loss ciause payabie to Mortgagee, the pol~cy to be hekt by the Mortgager and to krep the bu~ld~ng on sa~d land ~n prOper repe~r. . Th~s Mo~tgage shall secure not only ex~shng ~nclebteclness, bW aiso wch tuTU~e advances, whetha wch acfvances are o1~l~~atory or to be made at the opt~on ol Mortgagee, or otherw~se, as are made w~th~n twenty (20) years trom the date hereoi, to the same extent as ~ ~t wch future advances were made o~ the date ot the ezecut~on of th~s Mo~~gagr, but such secured ~ndebtednesz shaU not eacc+d at any ~ __ ~ t~me the max~mum pnnc~pal art~ount of S ~ plus ~nterest, and any d~sbursemenfs made ior the Dayment = Q of taxes, iev~es, or msurance, on the Mortgaged Pruperty, wrth mterest on wch disbursements. Any wch future advances, whether - ~"~ obigatory or to be made at the ophon oi the Mo~tgagee, or utherw~se, may be made e~ther pr~or to or after the due date oi ihe Note or ~ any other notes sewred by thn Mortg.-~ge. Th~s Mortgae,~r ~s g~ven ~or the spec~l~c p~rpose oi secunng any and a~~ ~ndebtedness by the J Maker to Mortgagee (twt m no evem shai~ the secured ~rWebtedness exceed al any t~me the max~mum pr nlapal amouM set torth m ih~s = a paragraph! m whatever manner th~s ~nUebtecfness may he ewcfenced or ~epresemed, unt~f th~s Mortgage ~s sar~sf~ed of recorci. Aii cove - nants and agr¢ements conta~ned ~n th~s Mortg~ge s-~a~i be appi~cable to ali lurther advances madF by RAortgagee to Maker unoer th~s " ~ ~uture advance ciause ~ c a~ __ uI - ~ Should any ot the abor•e cover~ams be b~oken then the Note ancf atl moneys secured he~eby shail, w~thout Aemarnl, ~1 tfw _ ^ Q Mor~gagee, so eiect, at once become due ancf payable anil this morigage may bz lorF~dosed, and all costz and erpenses of collett~on and reasonable atto~rteys ~ees, ~nciud~ng costs, expenses end ~easonable aito~neys' fees o~ appra~, ~f co~iected by ~egat proceedmgs or : ~ ~ ~hrough an atto~ney at iaw, shall be pa~d AY ihe Maker, ancl Ihe same are hrreby 5vcurecl. ~. IN WITNESS WHEREOF, the Mortgagor has e^ecuteA th~s Mortyage a: of the date first abovv set fc~~h - ~ Sgn~d, yealecl and cfC-~~wreA) ~ ~~ our prespllt~ / ~ ~ / i' / _~ ~ "~ ~~~..~.~-- ~I ---- -~/~~~ ''~~ ~sEau f ~hto,tgayo,l ~j ~s' ~~~ ~ ~/ /~ O~yi1+~ /f .. _ / ~ - ---- -- SEAU lMo. tga~aor - STATE OF FLARIDA ~ ~ a s~,a-ooo-7 Rev. sn7 ~. ~~~~ -- COUNTY OF ST. LUCIE ~ s I HEREBY CERTIFY, t2 , befoie me, an ost,cer du~y au~nonred ~n me Ssare a~cr?sa~d and ~~ the County aioresa~d ~+s T~ .:: .~ . _ to ~ake acknor~ledgments, spnally ~e~J~ ~~ Dalton Athev_ ~o me known to be t~e person dexr~becf ~• C~a.T. ~n ancl who executed th R •fi ~TtrumE~t nd ~ ackrowled he ~.~9QK~^ i gecf before me that executed the same. V1~ITNESS my hanc~nd q~ctal e¢si ~A ~~ounty and SratP ~ast aio~esa~d th~s day ot ~[ A D.. 19 81-- to~. ~ '. ` `"~ /'~ ~ . .~• • .~r,~ /1 / ~'•••/1~'~•v' ,s :f`' / J~~' -- ~' ;~%~~,~'~~ :; . Nota.y P ` -% My Com,~~~4~ sr~h a aoR~a- T Mr co-NM~ss~o~, ~cr~eg ~n. roez a~~K3~8 ~McE ~27 ~ ~ ~ ~. ~.p~ E.~~.~....,, t' _ ~~