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Home My WebLink About0971 . ~ ~.o~ , y~ ~ -S birect Property ReEated ~ Z. S Z ~,r wth Future Advance MORTGAGE r l ti ~ ~ THIS MORTGkGE, made thi: 23rd ~y of ~y , A.D., 19 86 , ,~~nrf f_ h i~ f.?i fP (Mo1'tgagor) and un an o t. uc e ountY (Nlortqa9ee); (Name of Bsr~k) WITNESSETH, that Mortgegor, for and in considantion of ths premises and in ordar to secure the payment of the principaf and interest on the note (a: hereinafter definedl, Mortpagor hereby grants, suigns, Vansfen and mortqages to Mortgagee, iu succeuors and assigns forever, ihe folt~nring desc~ibed rea! property in St_ T.»riw Counry; Florida, to wit: . Lot 5 Block D, Hidden Acres, according to the Plat thereof recorded in Plat Book 17 Page 6 of the Public Records of St.Lucie County, Florida. ~n ~ R"CC~y~ I ~D ~ ~ ~ . . " ~ ~O ~ THIS IS A SECOND MORTGAGE ~ ~ , - - . . . . . r' . _..j~. PU S.:_.!1, . ~ . . . . ~ . . . . ..~i 1 .i_ ' , rd?~ ~ Cier~; C~:c,.,. ..c..i, i:~o., ff8. !hereinafter referred to as the Martgsgsd PropartY): snd the Mort~gor doa hereby fully wsrront the tide to the Mortgaged Property and will defs~ the sams ag~inst the iawful dai~of~la~~°an~~en~eee~2. Pottorff P~iOVIDED ALWAYS, that if , thA Makerls) (lnsert Name(s?) of thst certain promissory note datad ihe dats hereof (tha Note), their hei~s, legal representativas or auigns shall pay to Nlortqagee the principal sum of S 6. 260 .97 ~ evidenc~d by the Note, with interost and upon the terms ss provided theroin, the final maturity date of the Note and of this Mortqage being *+'~v ~ 1g 3L_, which Note providas that all installmerets of prinapaf snd interest aro payable at the office of Mort~sgee, or at such other place as the holder may dasignate in writinq. and ihat ead~ mskcr and endorser agre~ to pay all caats of collection, induding a reuo~able attomey's fee, upon defsult in the pavment of the Nota, and that if default be msd~ in the payma~t of any insbllmant thereunder and that if wch dafault is not made good in aocordance with the terms of the Note, tfiat the entiro principat sum a~d ac~crued eamed inte~ert shsll becor~e due and payable without notics st the option of the hdder thereot; and s~all perform sntl comply with esch and every stipu- tarion, sQreemer~t and carena~rt of tt~e Note snd of ~his IlAatsspe, then tfiis MoR~pye and the estaLe hereby asaced shall bs void, otherwise the ssme shall remain in full force. Mak~r covsna~ to pay the interest ~nd principsl prumptiy when due. Mortqpor ~ covenants to p~y the taxes snd asse~merns on ssid propsrty; to keep tne improvemerKs now existing or heroaf~er erect~d on tt~e propeRy insurod a~inst lass by fire, husr~ds indudsd within the term •,extertded coveraps•,, arxi such othe~ hezuds as Mortgapse may ~ requiro and +n such amounts snd for such periods st Mort4pgee msy rsquire, with a compsny appro+red by the Mortg~gee, witi~ a atandard mortg~ge lo~s clause payable ta Mortg~gee, the policy to be held by ths Mortgagee, and to keep the building on said tsnd in proper repair. The foan represanted by this Mortage and the Note is pe?sona! to the Morrgsgor and tfie Mort4pgee msde the losn to ~a Mortgegor based upon the cxadii of the Mortg~gor and the Mort~yee's judqmant of the a~ility of the Mortg~9or to repay all sums due under this Mortg~ys, and, therefore, this MoRqags may not be aswmed by any subsequent hdder of an intanst in the Mortg~ged Property, except as provided hetein, witt~out tha prior expross written consent of the Mcrtflegse. If s!1 0~ any part of the Mort~egsd Pruperty, or any interest therein, is sold ar trar~sfarred (induding ~ tn.~?sfsr by sgreement for deed or land contract) by Mort~aqor witt~out AAortg~gee's prior written consent, excluding (a) the crestion of a lian or encumbrance wbord~n~te to this Mortq~ge, (b) the cxeation of a purchasa money sewrity interest for househdd appliancs, (c) a transfer by davise, descent or by opention of Isw upon the death of a joint tenant, or (di the grsnt of any ieasehdd inte~st of 3 y~rt or lest rtot containing an option tr~ purchsse, Nfornp9ee may, at Morbgagee's optian. dedare aN su?r~s securad by this MortSpge to be immediately dua and payable. ~ This Mortgege shall secure not only existing indebtedr~eu, but alw wch future sdvanoes, whether such advances are oblig~tory or to be msda at the option of Mortgsgee, or othervvise, as are msde vrithin twenty (20! years from the dste hereof, to thz same axtent as ~f such future advances were msde on tfie date of ~e execution of this Mortgage, but wch seaired indebtedness shall ~ot sxcesd at any time the rnanimum principal amount of S n~~ plus interest, and any disburoemenu made for the payment af iaxes, levies, or inwrance, an the MortgagEd Property, with interest on wch disbursements. Any such future advances, whethar obligatory or to be msde at tfie option of the MortgagEe, or otherwise, may be msde either prior to or after tfie due date of the Note c;r any other notes secured by this Mortgage. All covenants and ageemants contained in this Mortcpge shall be applicable to all further advances made by Mortgages to Makar under this future advance clause. St~ould any of the above covenanu be broken then the Note and ail moneys secured hereby shail, wittrout demand, if the ~ ~iongagee so elect, at once become due and payable and this mortgege may be foredosed, anQ all costs and expenses of coltection and reasonable attorneys' fees, inducling cosu, expenses artd reaxonable attomeys' fees on appeal, if c~llecLed by legal proceedings or through an attorney at Isw, straH be paid by the Maker, and the same an hereby secur~d. IN WITNESS WH~REOF, the Mortgegor has executed tt~is Mort~ge as of the date fi~xt above set fortt~. Sign~d, sealed and delivered in our presEnoe: ~~~=~1`~.~--C~~'~z- ~ {SEAL) ~ (Mortgagor) ~ ~ ~J~~~ > o ~ ~ {SEAL) ~ U o ~ • (Mortgagor) w ~ ~ U STATE OF FI.ORIDA 1 W r a ~ COUNTYOF St.Lucie ~ _ I HERESY CERTIFY, that on this day, o~~me*'~nd.dfficer duly authorized in the State aforesaid and ~n ~ ~ ~ M t1fl•, Dnrtnrff z~ the Caunty aforesaid to take acknowledgment~~srio~~ appeared ~n~ RannEa T_. g~ ~ ta° ma known to be the person described in ar?d who a O~ ~ executed the foregcsing instrument and t~ ' acknowl3dged before me that they » c~ executed the same. , ~ ;1i ~ y~ ~ WITN~Y my hand and officipd in ~ Co~ ty a S q_#ast ar id thia 29 t~ay of , A.D.;.19 z ~ ~ f~bRaro A~J~f1ic~' ` ~OGN ~U2 DAGf ~65 ~~„mi~Sn~pires: N~Al1Y PtlKiC f1~1E OF FIOftDA er caiaitmie~ c~s ~u~c ~s,is~ ~ 46014000-7 (Rev.4/84) mw . ir'I[pE9 ~w~Y Gf~tBit i1s. u~ID. ~ ~ , . . . _ s _ - - _ _ _ S