HomeMy WebLinkAbout0928 JQ~{ . 11 J ~
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"~.3J~J~~ YU 15S
/ S. 0 7~/~ Dinci Property H~Istsd
Witfi Futun Advar~s
MORTGAGE ~I ~D
~
THiS M"~" 2nd. f December g85
bftwMns:'~~2~~0~~ ~°t d~i1~alMort9pot) and
nne ha nterest eac • un a o t uc e_ ountv t~~~~;
lMam~ ot 8snk)
MIITNESSETH~ that Mort~yor, for snd in a~nsidtration of the pnmita snd in ord~r to ~sain tM pavm~nt of the princip~l
and irro~est on tM ~ot~ (as h~nin~her d~fin~dl. Mortppor her~i ~~'~u~ns, trarufets snd mortuaq~ ~o Mortq~ps~, ib successon
arxl ~sti~t forw~, tM following dqcrib~d ral prop~rty in
CouMy, Florida. to wii:
~
Lot 1, Block 13 of CARLTON'S ADDITION to Ft. Pierce, Florida, accordin to ~~`~l
plats thereof recorded in Plat Book 1, at Page 167 ~~~~i~, of the~~~ ~~'3~y
Public Records of St. Lucie County, Florida. ~ n ayment Ot Taxet
~Ud On C dss I~tan ib'e Person3l PrOpa~[y,
TtiIS IS A SECOND MORTGAGE Puts~an; To ~h;,: er ; 13:, Acts Ot 1971.
Rv;~Eit PiITt~45
Cler~c Circui; Court, SG Lucie, Co., fla.
(hareirtahar rtferrsd to ss th~ Mortq~q~d Property): and the Mortg~~ doet hsroby fuily warrant th~ titfs to tt~s Mortgsgsd Property
and wilt dafsnd tht same sy~intt the fawfui~d~4~~~~~rh~~~~rd G. Enns
PROVIDED ALWAYS, that if , the Maker(s)
tlra~rt Nsmsls)) -
of that ctrtein promissury note dated tM~ hereof (tM Note?, thPir hein, Isqal representatives or assiyns shall psY to
Mort~ee the principal wm of S 7. 535 . 47 a~ evidenad by Nots with in~nst and uP~ th~ t~Rns ss Pro~~ad therein,
the nnal maturity dau of tM Noa and of thn Mortqp~ b~in~ ~ec. 1 19 which
Note provides that a11 insnllments of prindpsl snd inimst s?s psyiWs st the affia of
Mort~9N, or at such otfi~ D~aa ~t tha hold~r
maY daiynate in writinp, and that each makx and endorsK agre~ to pay sll costs of cdlecdo~. indudinq s rosson~bt~ attom~y's fss, !
upon defsult in tt~~ psyment of the Note, snd that if dsfiult be made in th• payment of a~? installm~nt tharoundK snd that if such •
default is not msd~ qood in aacordanp with t!~ prm: of the Note, that tht entin prir~cipsl sum and sccruad s~med interest shall
becan~ due and paysbl~ withoui notice st tF?~ opteon of tt~~ holder tt~ereof; and shsll perfam snd compiy with etch ~nd every stiPu- I
laaon. aqresmertt snd covenant ef th~ Natn and of this Mortqsye. then this Mo~y~ snd the asnb h
otherwise ths ssme shall ramain in full fic~p. Msker coven~ts to a°~ ~rl be vad. I
pay ths irmnst md P~~P~ P~~PdY wh~n dw. Mortq~gor
covenartts w WY tha taxes and assasmerrts on ssid prop~rry: to lcreP tfi~ impro+r~msnb now exktin9 ot here~ft~r erecoed on the ~
1NOt~i'N inwrod agrinst loss by fire, hasards indud~d within ttw Lerm "exte~dsd cov~rpr~•~ and wch other hszirds a~ Mo~qaqe~ msY
requiro arxi in sud~ amounts and for wch psriods as MortQ~gss may roquiro. wit~ a canp~nY apExowd by the Mortqpee, with a
standud mort~ loss daust payabl~ to MoRqa~s, th~ policy to b~ held by th• Mortqay~t, snd ia keep ttK buildin9 on ssid land in
Proi~ rep~ir.
Th~ loan rapresar~ted by this Morts9e and the Note i: Wrsonal to tfie Mortqagcr and the Mortgpee made the loan to the
- Mert9~~ basd upon the credit of the Mort~egor snd the MortgsQee's judgnent of the ability of the Mortgegcx to r~pay a1t sums
dc~e unciar thi: Mortgye, and, thsnefore. this MartQ~e may not be assumed by sny wbsequent hdder of an intersst in the Mortgeged
Property, except as providsci heroin, without tha prior sxpress writtsn cor~sertt of the Nbrtgsgee, If all or any part of ths Mortga~ed
Property, or sny inLerest therein, is sold a trunsfeRed (induding a transfer by ageement for deed or larx! contrsct) by MortQsgor
witheut Mortg~gee's pr'wr writta~ c~onsent, exdudin~ ta) tfis ~cxeation of a lien or e~cumtrsnos subordinsU to this Mort~pe. (b)
the.aeation of s purchass money security intarest for hou:ehdd appliartce, (c) a tnnsfer by devise, descent or by opsration of law
upon the deatt~ of a jant tenant, or (d) the gant of any lessehdd interost of 3 ysan or lass not containin9.=n option to purchasa,
Mortgags~ may. at Mortgagea's option, dedare all surm secured by this Mortpye to be immediately dus and paysble.
This Mortg~ge shalt secure not only existing indebtednas, but ~so wch futwe advsnoes. whethe~ wch advsnas sra obliptory
or to be made at the optior~ of Mat~agee, or oiherwise, ss are msde within tvrenty 420) Years from the date hereof, to the same entaM
as if wch future advancss were msde on tfie dm of the sxec~rtion of tt~is Mortgsge, but wd~ secured indebtedness shslf not excxad
at anY time the maximum principal smount af S plus interest, atid any disbu~semeMS made for the paYment
of taxes, levios. or inwrance. an the Mortgsqed Property, with interest on wch disbursemanis. Any wch fuiuro advantxs. whetfier
obliyttory or to bs msds at the option of tht Mortqa~, or otherwiss, may be made either prior to or aftar tt~e due date of the Note
or arry other notes secwed by tt~is Mortqage. A!1 covanarm and ayraements contain~d in this Matgigt shall bs applicable ta alt further
advances made by Mortgaqea to Maksr undsr thi: futura advance dauss.
Si~ould sny of the abore oovenarrtt be broken then the Nou uM all moneys seaired hereby shall, without demand, if the
nibrtpsgee so slaet, at oncs bacome due ~ payabla and tfiis mcxt~e9e msy be foredosed. and a;! wsu and expenses of collection
and reasonabie attomtys' fess, induding cosb. experues and rassanable momays' fees on appsal. if collected by legal {xocaedirtgs
or tf~rough an attarney at law, shsll be paid by the Maker, and the same are hereby ucured.
IN WlTNESS WHEREOF, tha Mortgagor hss exeaited tfiis Mortgege as of the date firsc above set ferth.
_ S'~gned, sesled and delivered ~ ! ,
in our prese~ce: ~
~ / ;
~ '
, ~ ` csEa,t~)
t"~i / ~G" G1-
m ~ (SEAL)
a ~ 'a o~9or)
~ v+~i STATE OF FLORIDA )
~ ~ ~ ~ COUNTYOF St.Lucie ? "
~ pa 1 HEREBY CERTIFY, tfiat 5n,tt~is dry, b~foro me, and officer duly au arized in the Sqte aforesaid and i~
z~~~ ths Caumy sfu~essid to taks ackn ertts, rsonal~ s~ S. Phil~i s Rowe and
a+v~'9m PQ Y aPPe p
Rr~lraar~i FnnG
p w~ms known to be the par~ort desc~ibed in and who
~ tn t~ executaci th~ foregeiny irtmum~rti and rt,Q,i~ acicnowledgsd beiore me thn _ thev
, -~------r--
Z executed the same. . , " , ' 2nd .
WITNESS my hand official sesl".in '~~~ou ty Sta 1 af id tt~is day of
= December • ~
J~
N ~ ' i ~ 1
` ' j•.° • " iVOtBry PUbI1C
~ ~ Aqy COmmIfSlOn Expt~lt:
' . ~ „ , •~J,~v, c,~cre sreri tr oic~:~~.
4-fi014-OOQ7 (Rev.4/84) mw I~~ 4b4 J~~ er `~R~~:~~~ i`r ~"h ~s.:v~
B~; ,K PAU"t- ta~a~ r~,re ~icR.i trs, oa,.
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