The URL can be used to link to this page

Home My WebLink About0946 i oirect Property Re~ated ~3 ~ S / with ~uture Advance 55~9~ MORTGAGE ~ ~ ,SO THIS MORTGAGE, made this 22nd d of JanuBry , q,p,,~g 82 , Vern B. Dost an W ma Dost, e~~e Sun Bank of St. Lucie County ~~~~~8~ [Name of Sun Bankj ~~g~~' WITNESSETH, that Matgagw, for and in oonsideration oi the premises and in order to secure the payment oi the princi- pal and interest on the note (as he~einafter defined), Mortgagor hereby grants. assi9ns Vansfers and mortgages to AAortgagee. its successors and assigns torever, the folbwing described real property in St . Lucie ~~ry~ Fbrida, to wit: 4 . ~ ` 19@Z .MN 28 PM 2 43 From the Northwest comer of the Southeast 1/4 of the jT p i Northeast 1/4 of the Southeast 1/4 of Section 12, F~tED F ORDEO I r Township 35 South, Ran e 39 East • run East 141. 8 feet • Sr~ Q~ Y.F1~A. 8 > > ROGE PO(~ttAS ' J"'~ ° w~,.~, ~ thence South 175 feet to the Point of Beginning; thence CLERIt GRCiA1 C t ~ East 101. 9 feet; thence South 100 feet, thence West 4er.~kn Ri~ tt n__ _`~~C""'- 101.9 feet; thence North 100 to the Point of Beginning; ' said ].ands in St. Lucie County, Florida. aS~ :94 u ~ ..a , ~ s~~ « . e ~ ~ N Rwc~lwd • .M Pwn~! Of T~oN ~ Due On Ciaa~ "C" IntaqiDa Pwson~l vropaq. f-~F~ v (THIS IS A SECOND MORTGAGE) ~ursusM To ChaptK 71,134, /1Ctt 01 f~71, ~ 'l~;U ( • ROC7EA ~V~TAAS / '__`1~•.: ~ _ - j Cler! Clrcult CoUft, LuCMi. Co.. f11~. '%'a~~~~+lli~..; ~ (hereinafter refened to as the Mortgaged Property); and the Mortgagcx cioes hereby fulty warrant tfie title to the Mortgaged I Property and will detend the same against the lawful daims of all persons wtwmsoever. I PROVIDED ALWAYS, that if _ Vern B• D°$t ~Insert Ni~($'Dost, his wife Maker(s) of that certain ~ promissory note dated the date hereof (the Note), their heirs, legal representatives or assigns shail pay to Mortgagee ~ the principai sum of S 4, 918. 69 by U~e Note, with interest and upon the terms as provided therein, the ; final matuMy date of the Note and of this Mortgage being January 26 , ~g 87 , ry}~~ ~te provides that all installments of principal and interest are payable at the office of Mortgagee, or at such ather ptace as the holder may ' designate in writing, and that each maker and endorser agree to pay all costs of oollection. induding a feasonable attomey's ' fee, upon default in the payme+~t of the Note, and that if defauft be made in the payment of any installment the~eunder and #hat if such defautt is not made good in aocordance with the terms of the Note. that the en~re principal sum and aaxued, eamed inter- est shaU become due and payable wittaut notice at the option of the ho{der the~eof; and shall perform and oomply wi:h each ' and every stipulation, agreemeM and cavenant of the Note arxi of this Mortgage, then th+s Mortgage and the estate thereby created shall be void, othervvise the same shall remain in fuN force. Maker oovenants to pay the interest and principal prarttpUy when due. Mortgagor covenants to pay the taxes and assessments on said property; to carry insurarx;e against fire on the ~ i building on said land for not less than a n~$ , with a companY approved by the Mortgagee, with standard rtwrtgage loss clause payabls to Mortgagee, the pdiicy to be held by the Mertgagee and to keep the building on said tand in proper ~epair. ~ This Mortgage shall secure not only existing indebtedness, but also such future advanoes, whather such advances are j obligatory or to be made at the option of Martgagee, or othervvise, as are made within twenty (20) years from the date hereof, to ' ~ the same extent as if such future advances were made on the date of the execution of this Mortgage, bui such secured indebt- edness ~hall not exceed at any time the maximum prinapal amaunt of $ n/a bursements made for the ment of taxes, levies, or insurance, on the AAort p~ p~us interest, ar~d any dis- ~ PaY gaged operty, with interest on such disburse- ments. Any such future advances, whether obligatory or to be made at the optiion of the Mortgagee, or otherwise, may be made either prior to or aRer the due date of the Note or any other notes secured by this Mortgage. All covenants and agreements con- tained in this Mortgage shal! be applicable to ali further advances made by Mortgagee to Maker under this future advance ' clause. Shouki any of the above cavenants be broken then the Note and all moneys secured hereby shall, without demand, if the Mortgagee, so elect, at once beoome due and payable and this mortgage may be foreclosed, and all oosts anc! expenses of collection and reasonable attomeys' fees, iridud+ng oosts, expenses and reasonable attomeys' fees on appeal, if collected by legal proceedings or through an attomey at law, shall be paid by the Maker, and the sam,e are hereby secured: IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. Signed, sea! and deiivered ~ ~ in our pre . , I ~ ~ ~ (SEAL) ~ I (M~9 ) ~ ~ ~ ~ 'm _ 3 -~t " r~/" c-a-( (SEAL) , _ ~ ~ , ~~rt9a~r~ a v STATE OF FL4RIDA ) s Q ~ ~ ~ COUNTYOF ST. LUCIE ~ r ; a I HEREBY CERTIFY, that on lhis day, before me, an officer duly authorized in the Sta~ fores~d and in the F ~ Vern B. Dost ~ i~ma st ~ W ~ County aforesaid to ~ati.,atlrq~yv{edgments, personaily appeared to me ~ known to be the ~8~~y,~nd who executed the foregoing instrumeni and they _ acknowl- w ` • .r' ~ ~ p A~Bd b@fOf@ ~T18 4 ~ th6 S8R1A. = x WITNESS ~ ~ irtthe County and State last aforesaid thi~ 22nd day of N ~ Januarq; ' . ~ ~ J i Ei~?'--t"~`=~. r- - ~ ; . a,~, ' - • ~'+~(.1/~ ~ /'~.Ze: 7t..~L~-- r;i ~ti ~ . Notary lic ^ ` O x~:~,,.. +.eo~s-0ooa a e+e~ Q r!' ~ s=~~ UR My Commissw~~~s cUC STATE Of R021~A AT lAkGf ~ ~ ~~'~~+r;,..~ /~A MY CGntMI;ZICt~ Eu'fic:5 1v:rE 10 lyBS. - B0~( PACE ~7't~ ~D JMRU Gir~;,~.~1. Ir~S . t1~JikWRITERi ~