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Home My WebLink About0962 "Z, e ~ ~ ~ ° ' ~s , ~ ~ '7''7E~618 S ~ S i ov ~ec~~i -c?J 0 1.(Z~_U _ in Pr.yment Of? -~'~f- ^ - ~n Clasi "C" ini;.ngibl~ Personal Proporty, , ..,~a?1t 7o Chapisr 71, 134, ACts Oi 1 ~71. Direct ProRerty Related ROGER POITR,aS With Future Adva~ce ; ':'~•rl, Cirr,uh Court, St. Lucle, Co., Fla. \ ' MORTGAGE ` THIS MORTGAGE msde this 25th ~y of July , A,D., 19 86 ~ ~t~~ ~ohn C. Wa~ner an Serit~ ~s_~Qner. _is wi e (Matgagor) and ` SuTi an . uc e oun y, an or ~s ass gns (Mortq~gee); (Name of Bank) WITNESSETH, that Mortgegor, far a~d i~ considerstion of the premises and in order to secure the psyment of the principal ; and interest on the note ias hereinaher defined), Mortqagor hareby nnt: assigns, transfen and mortqages to Mort9sgee, its succeuors and assigns forever, the following desc~ibed real property in St ~uc~e County, Florids, to wit: ~-7 ~U Lot 13, Block 1735, PORT ST. LUCIE, SECTION THIRTY-ONE, according to the plat thereof as recorded in Plat Book 14, Pages 22, 22A through 22G of the ; Public Records of St.Lucie County, Florida. ~ ; THIS IS A FIRST MORTGAGE LOT L0~'1N thereinsfter refe~ to u tfie Mort~aQed Propertyl: ~nd tfie Mortflsyo~ does hereby fully wsrrant tf?e titie to the Mortg~ged Propertv and w'sll defend the same against the lawful ~~o~all~~ogse~~s~we~agner PROVIDED ALWAYS, thti if , the Maker(s) (Insert Nama(s)) af that certsin promissory note d~ t~ hereof (the Note), the3r heirs, leqal representatives or assigns shall pay to Mortgagee the principal sum of S 5' ~U as eaidenaad by the Note, with interest and uRon the terms as provided theroin, tha final maturity date of the Note snd of this Mortq~ge being Ju y 24 , 19 , which Note provides that al~ instsllments of principsl and intarest aro payaWe at the office of Mortg~gee, or tt such other place as the holder may designate in writing, and that each msker and endorser agrea to Rsy all costt of collection, induding a rea:onable attomey's fee, upur~ dsfault in the paymant of the Note, snd tfi~t if default be msd~ in ths payment of any installment thareunder and tfiat if wch defiault is not made good in sa:ordance with the tertns of the Note, that the entiro principal wm and acerued esrned interest shall become due snd psyable ~nrithout notics at the option of ths hddsr theruof; snd shall perform snd complY with esch and svery stipu- lation, agresment and covenu~t of the Note and of this Mort~, then this Martpa~s snd the astate hereby cre~ted shall be void, atherwi~e the same shati remain in full force. AAaker covenarm to Fay the interest and principel promptly when due. Mortypor covensntt to psy ttie taxes snd auessrruMS on said property; to keep th~ improwmerns now exitting or heroafter erocted on the property iruured a~ir~st loss by fire, hszuds ir+duded within the term "extended coverps••, ~nd wch other hazuds ss Nbr'oga~ee maY re~uira and in sudn amounts snd for such pariods as Mortg~gee ma1? rsquire, with a compsny approvad by the Mortgaqee, with a standard mortgags lass clause payaWe to Mortg~ges, the policy to be held by the Mortgagee, and to keep the buiiding on ssid iand in proper ropair. The loan represented bY this Mortsge and the Note is personal to the Mortgagor and the Mortgegee msde the Iw~ to the Martg~g~r based upon the credit of the RAortqsqo~ and the Mortgsq~e's judgnent of the ability of t~e Mortgaqor to repay all sums due under this Mortgfge, and, tharofore, this Mort~ags may not be aswmed by any wosequertt hdder of an interest in the Mortpsged Property, except as p~ovicied herein, without the prior sxp~ass written consent of the Mort~gse. If all or any psrt of the Mortqeged Property, or sny interost theroin, is sold or transferred (induding a tnnsfer by agreemant for deed or lsnd contractl by Mortgaqor without llAortgsgee's prior arritten consent, excluding (s) the creation of a lien or encumbrance wbordinate to this MortQage, (ti1 the creation of a purchass monsy secu~ity interest for househdd applisnce. (c) a tnnsfer by devise, descent or by operation of Isw upon the destfi of a joint tanant, or (d) the grsnt of sny lessehdd intemst of 3 yaan or less not containing an option to purch~ssa, ! ititortqaQee may, at Mortgsgee's option, dedare ~II wms secured by this Mortgage to ba immediately due and paysble. This AAort~ge shsll secure not only existing indebtedness, but also wch future advancea, whether such advances are oblig~tory or to be made at the option of Mortgegee, or otMrwise, as ara msda within twenty (20) Yesn from the'date hereof, to tt~e same extent as if such futum advances vvere made on tt~e date of ~ execution of this Mortgags, but wch secured indebtedness shall not excxed ' at any time the maximum p~inapal amount of S n a plus interest, and any disbursemanu made for the payment of tax~as, levies, or inwrance, on the Mortgaged Property, witfi interest on wch disbursements. My such future advanc~s, whether obliqatory or to be made st tt~e option of the Mortga~ee, or otherwise, may be made e~ther prior to or after the due date of the Note ; ~r any othar notes secu~ed bY this Martgage. All covenants ~nd agreemenu contained in this Mortgaye shall be applicable to all further g advances msde by Mortgagee to Maker under this future advana cfause. F Should any of the above covenanu be broken tfien the Note and all moneys secured hereby shall, witfiout demand, if tfie ; ~ Prtortgagee so elcct, at orxx became due and payable and this mortgsge may be foredosed, and all cosu and expenses of cdlect+on , ~ and reasonable attorneys' fees, induding costs, expenses and ressonable attorneys' fees on appeal, if collected by leg~i proceedings ; ~ or through an attorney at taw, shall be paid by tfie Maker, and the same are hereby secured. ~ ~ IN WITNESS WNEREOF, the Mortgsgor has executed this Mortgage as of the date first above set forth. t ~ Signed, sealed and defiv~ej ' q in our prasenoe: r ~ (SEAL) - ~ (C~''C ~ ~ C - (SEAU ' r ~ ~ = Q ~ IMortga r) ~ ~ Q ~ STATE OF F~ORIDA ) • F W ~ , a ~ ~ COUNTY OF St .Lucie ? , ' . • r. 'r a ~ ~ f'~ ~`I 3 t~ ~ ~ p i HEREBY CER7IFY, that on this day, before ma, and officer duly authorized ~n the St O+~t ".~a$.i~,, z~ v~i the County aforesaid to take acknowledgmenu, personally appeared er a n~ `f • . ,w to me known to be the person ~ e ° executed the foregoing instrument and y acknowledged before me th8." .,J s ~ ~ y o' ~ executed the same. , . ~'r • - x•--+ ~o W TNESS my hand arxi official seal in the C ty and Sta;e last aforesaid this l d~/,qf ; ~ ~ ~ i ,a ,A.D., 19 ~'~~5+''•~..,••:- i ~ ~ ~ ~ ~ ~ ~ ,K. , ' • ~'N.f cn NoUry FuWic • ` +t:•': rw U R C~ ~lriuv rwuc sr~r~F R~+1f,~ BOOK V~~ P~E ~76~, 1~M Commission Expires: ~ Co~lut0~ Ex?. A~t`~o,11bl~ • ~ 4-6014000-7 (fiev. 4/84) mw M~EO iRRi7 Gf~p~_ tr5. 8D. ~ - - ~ ~ g_ - - - - _ _ ~ _ _ _ _ ° - ~ ~i ~ - ~ . _