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HomeMy WebLinkAbout0952 . ~ ~ L ~ ~ / J ~ / . Doc Stamps 9.15 ~~J33C~~ Int Tax 12.02 v Direct Property Related Recording fee 9.00 With Future Advance ~ MORTGAGE C~ ~ 19th February 86 ~I THiS MORTGAGE~.~~tt~~. . ~r of . AD., 19 ~~~un an o uc e ounty lMort(gagort~ a~j. IName of Bank) WITNES$E7H, that Mortc,~agor, for and in co~sideration of the ptemises and in order to secure the payment of the principal and interest on the note (as hereinafter defined), Mortqagor heseby grants, auigns, transfers and mort4ages to Mortgag~e, its successors and assigns forever, the following described resl p~operty in cr T~~~; o County, Florida, to wit: Lot 27, Block 49 PORT ST LUCIE SECTION TWENTY FIVE according to the plat thereof as recorded in Plat Book 13, Pages 32, 32 A Through 32 I of the Public Records of St Lucie County, Florida fhereinafter referred to as the Mortgaged PropertY): and the Mortgagor does hereby fully warrant the title to the Mortgaged ProperiY and will defend the same against the lawful daims of all persons whomsoever. PROVIDED ALWAYS, that if FP1 ix an~ Tlnri c M K>>aaL.in~ki , the Makef(s) (I~usrt Name(s11 of that certain promissory note dsted the date hereof (*J~e Note), their hein, legal representstives or sssigns st~sll pay to Mortgagee the principaf sum of S.~i.~~9 as evidenced by~ Note wi inte~~~nd upon the terms as cxovided therein, the final maturity date of tt~a Note and of this Mortgage being e rua~'y , ~g Note provides that alf installments of prindpal and i~terest are payable at the office of Mortgegee, or at such othef place as the holder may designata in writing, and that each makar and endoroer agree to pay all costs of collection, including a reasonable attomey's fee, upon default in ihe payment of the Note, and that if default be made in the payment of any insta:lment thereunder and that if such default is not msde good i~ accordance with the terms af the Note, that the e~tire principal wm and accrued earned interest shall become due and payable without r~otice at the option of the holder thereof; and shall perForm and comply with each and every stipu- iatio~, a~eement and covenent of the Note and of th+s Mortgage, then thi: Mortgage and the estate hereby created shall be void, othervvise the same shall remein in full force. Maker covenants to pay tfie interest and principai promptly when due. Mortgagor covenanu to pay tfie taxes and assessments on said property; to keep the improvements now exirting or htraafter erected un the i property insured ag~inst loss by fire, hazards induded witfiin the term "extended coverage", and wch other hazards as Mortgegee may ' require and in such amounts arid for such periods as Mortgagee may require, with a company approved by the Mortgagee, with a standard mortgage lots clsuse psysble to Mortgagee, the policy to be heid by the Mortgagee, and to keep the building o~ said land in proper repeir. The loan ropresented by this Mortage and the Note is perso~ai to the Mortgegor and the Mort4agee made the loan to the Mortgagor based upon the credit of the Mortg~gor and the Mortgegee's judgment of tfie ability of the Mortgagor to repay all sums due under this Mortgage, snd, therefore, this Mortgage may not be aswmed by any wbseque~t hdder of an interest in tha Mortg~ged ' Property, except as provided herein, without the prior expreu written consent of the Mortyagee. If all or any part of the Mortgaged Property, or any interest therei~, is sold or transferred (induding a transfer by agesment for deed or land contract) by Mortgagor without Mortg~gee's prior written consent, axcluding ~a) the creation of a lien or encumbrance wbordinate to ti~is Mortgage, (b) the creation of a purchsse money security interest for househdd appliance, (c) a uansfer by devise, descent or by operation of law u~on the death of a joint te~snt, or (d) the gront of any leasehdd interest of 3 yean or leu not containing a~ option to purchase, Mortgagee may, at Morigayee's option, dedue ell sums secured by tt~is Mortgage to be imrnediately due and payable. This Mortg~ge shall secure not only existing indebtedness, but alsa such future advances, whether such advances are obligatory E or to be mede at the option of Matgsgee, or otherwise, as are made within twenty (20) years from the date hereof, to the same extent ~ as if such future advances were msde on the date of tt.e e ion of this Mortgage, but such secured indebtedness st~sll not exceed at any time the ma~cimum principal smount of S X~ plus interest, and any disbursements made for the payment ~ o' taxes, levies, or inwrsnce, on the Mortgaged Property, with interest on wch disbursements. Any wcfi future advanc~s, whether ~ obligatory or ta be made at tfie option of the Mortgagee, or othervvise, may be made either prior to or after tha due date of the Note or any other nota secured by this Mort+page. All covenants sr~d agreemer~ts contained in this Mortgege shall be applicable to all further ~ advances made by Mortgagee to Maker under this future advance clause. ~ Should any of the above covenanu be broken then the Note and all moneys secured hereby shall, witfiout demand, if the ~lortgagee so elect, at once become due and payable and this mortgege may be foreclosed, and all costs and expenses of collectio~ ~ and reasonable attomeys' fees, induding costs, experues and reawnable attomeys' fees on appeal, if cotlected by legal proceedings ~ or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. ~ Signed, sealed and delivered ~ in our ence: ~ ~ • . ~ ~ ~ - - ~"--I (SEAL) ~ ~ Fe i K ~ ~ ~ ~ ` ~ / ' - . ~ y ~ ' I . u- ~;C c,~~~ c~' ~ (SEAL) ~ ~ ~ M~ g9 ~ ~ ~ Doris :~i t Ku~a~+ nski ~ k: ~ ~i STATE OF FLORIDA ) iL a y u COUNTY OF St Lucie } ~n ~ z a - ~ I HEREBY CERTIFY, that on this day, before me, and officer duly authorized in the State aforesaid and in = y~ ~ the County afcresa~d to take adcnowledgments, penonally appeared Feliz and Doris M Kuiawinski ' to me known to be the person described in~d who ~ o executed the 'ng instrument and ey acknowledged before me tfiat ey exeCUted t e. ~ z ~ WF E~$~njr hand and official seal in the County te last aforesaid this 19th day of ~ , A.D.,~ 19 ~ ~ ~ + . • ~ _ - ~ . Notary Publi ~ My Commission Ex ~res: Q ~ ~ NU ARY ~ ~ 4-6014-OOa7 (Rev.4/84) ~nw ~ P~'~1:~ Si.- - ' ~~'J ~ MY Cvlv~,v,iS~i~,;, ~ ' ~ F~-„t..~i%~ - - ~.l'A[~ •WIr.FS "V~~ iv ir60 _ IfiiiU ~t .E1G:L 1; , - ~ - - ~ ~ ~ , c "~~'ru ~-..t.,y ~ ~:w x ~~~~~~H"