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Home My WebLink About0969 ~u~ ° ~ //1 ' ~z, ~(S.~s ' / d- y~ T~ Dirert Prot~erty Re~ated , ~s3?~,sy ~th Future Advance MORTGAGE THtS MORTGAGE msde this Z3rd ~Y of ~Y , A.C., 19 8~ , ~tx,~ ~iaron Youn~, A W ower fMortgagor) and Qnn Ranlr nf St inriP ('nuntrv,~ ~~Ort~t~9Q); (Nsma of Bsnk) WITNESSETN, tt?at Mortgegor, for and in.considention of the premises and in order to secura the pavment of the principal and interest on the nate (as hereinaher defined), Mortqagor hereby ~rsnu assigns, transfen and mortosges to Mortgsgee, its successors and assigns forever, the following described reat propert/ in St 7.uc~e C~unty, Ftorids, to wit: ~ ~ SUNRISE PARK NO 1, Block 1, E 16 Ft of Lot 19 and all Lots 20 & 21, ~ as recorded in the Public Records of St. Lucie Count , Flnrida. ~ 20 ~`G' b U Received $ ~ I~ Fa;~ment Cf TaxeS ~ Dua :~n C~.s; e?~ s~~~i P'o,:::rty. Pws::an: lo ~n_:,, e; :tic:s Of 71. , THIS IS A SECOND ,IORTGAGE t~in' C~erk Circuit Courc, S~ Lucio, C~ Fla. (hereinafter refened to u tt?e MortgaQad Prop+irtYl: and tl~e Mortps9or does hereby fully warrant the tide to tt?e Mo~ged P~operty and will defend the same ag~i~ut the ~awf~l dairra of all persons whansoe~?er• PROVIDEO ALWAYS, th+rt if rlaron YoLnQ - , ihe Maker(s) (Inssrt Name(s)) of that certsin promissory note dated the date heraof {the Noie), ~ heirs, legal representatives or assigns shall a~ay to INortgagee the principal sum of S as avidencad by the Nc~te, with intemst and upon the terms ss provided therein, the tinal maturity date of the Note and of tfiis ilAortgaga being av 22 _ , 19 , which fVote provides tt~at aH installmer,ts of prinapal and interest are payabls at the office of Mortg~goe, or at such other pls~x as the holder may d~ignste in writing. and that each msker and ando~ser agree to pay all costs of callection, including a reasonable sttomey's fee, upon default in ths paymeni of the Note, and th~t if dehult bs mad~ i~ ths ~ymant of any installment thereundsr and that if wth default is not made gaod in ~ec~dsnce with tfia tem+: of ths Note, that the ~ntiro princip~l sum and scrxued earned i~ts?est shsil bacome due and payabls without notice at the option of tha hdder tfiereof; snd ahalf perform and comply with e~ch and every stipu- lation, agreement snd cavensrK of the Nota and of tl~is Mortgps, then tt~is Mort~eye snd the astate hereby cra~ed sfidl bs void, ~ otherwi;s tha same shall remsin in ful) toroe. Ma1cK cova~unts to pay tt~e interost and principal prQ+nptlY ~fn due. Mortgsgor 1 covenants ta pay the tixes and su~smerrts on said propetty: to keep th~ improwmertts now existir~g or hsreefter srscted on the property insurod sy~ir.st lou by fire, hazuds induckd within the term "ext~ended covenqs", snd wch othar hazsrds as Mortgsgse maY require s~d in such amounes a~d for such periods ss Mortgsgee m~y rsqui~e, vrith a company approved bY the Mortgsgee, with a standsrd mortgage loss clause payable to Moctgeges, tha policy to be held by tha Morcgagee, and to keap tfie building on s~id land in proper repair. The loan rcprosented by this tNortsga and the Note is persor~al to the Mort~gcr and the Mo~tgegee made the loan to the Mortgegcr basad upon iha ~xedit of the Mort~agor and the Mortg~ges's jutigment of the ability of ths Mortga~or to repay sll sums due under this Morigtge, and, therefore, this Mortgtgs mty not be aswmed by any wbsequent hddec of an intarast in ihe Mo~tqaged i Rroperty, except as provided herein, v~rithout the prior sxpress writtsn consent of the Mort~~ss. !f sll or any part of the Mort9eged Rroperty. er any interast thsmin, is sofd or Vansferred (induding a tra~ufer by a~eemsnt for deed or land contnct) by MoRgagor without Mortgigee's prior writtan «~nnsent~ excluding (a) the cxeation of a lian or encumkxsnce wbordinate to this Nbrt~ge, (bl the creation of a purchase moneY security interest for house:hdd applianae, 1c) a transfer by deviss, dasce~t ar by operation of law upan the daattr of a joint tenant, er ld) the grant of any leasehdd interost of 3 y~rs o~ less ~ot contsining an option to purcht~se, Mortga~ee may, at Mor'tgagee's option. dedue sft wms secure~ by this Mortg~ge to be immedistely due and payable. This Mortg~ge shall secura ~t aniy existing indebtedness, but a{so wch futura sdvances, whexher such advances a~e oblig~tory or to be made st the option of Mortgsgee, or otherwise, as are msde within twanty (201 years from the date hereof, ta the same extent as if such future advances wera made on the date of the rxscution of tfiis Mortgege. but such secured indsbtedness shall not exceed at any time the maximum prinapal amount af S n a plus interest, and sny disbursements made for the payment of taxes, levies, or inwranoe, ort the Mortgage~ Property, witfi interest on wch disbursaments. Any such future advances, whetfier obligatory or to be msde at the option of the Mortgagee, or othervrise, may be made either prior to or after the due date of the NQte or any othsr notes secured i~y this Mortgage. all covensnu and ac,geements cantained in this Mortgaga shall be appiicable to all further advances made by Mortgagee to Maker under this future advance clause. Shoutd any of the above covenanu be broken then the Note and all moneys secured hereby shall, witfiout demand, if tl~e t,Aortgagee so elect, at once become due and payable and this mortgage may be forecia~sed, and a!i casu and expenses of collection and reawnable attomgys' fees, induding costs, expenses and reasonabls attomeys' fees on appeal, if collected by legal proceedings or through an attorney at law, shalt be paid by the Maker, and tha same are hereby secured. IN WITNEa'`S WHEREOF, the Mortgagor has executed t~his Mortgage as of the date first above set fortt~. Signecl, sesled and delivered in mur presenoe~ . ~ ISEAL) (Mortgago ' ~L~~~` t~`' (SEAL) > ~ (Mortgagorl Q ~ w ~ ~ Q c°,- STATE OF FLORIDA ! ~ ~ ~ ~ COUNTY OF St.Lucie i '~f ~ y t HEREBY ~ERTiFY, tf~at on this d~y; befofs. me, and officer duly authorized in the State aforesaid and in w~ ~ the County aforesaid to take adcnowledgments,.penonally appesred ..,~~ron YounQ „ w to me known to be the person de;cribed in and wi-~o Q~ ° ~he ~ acknawf bsfore me that he ~ executsd the foregoing instrument snd , ed9ed ~ executed the same. ~j N ~ ? WtTNESS my hand and official seal in the C t1i !as afo id this day of a~ ~ ~ .n , ~tay , A.D., 18:~~~~~'"'~ ~ _ ~ a ~ `n Notsry PuWic ~ . f, p( ~O~ ~ J~~ ~r~~r vue~.tc sT~te a?to~ro~ ~U; `a~~ N~y Commiuion Expires:~~ c^M~t~1ts+~ ~Y~ ~unf.ls.~fN 46014000-7 I~ev. 4/84) mw ets~v lw~ ~tt~,?t tii. UeC.