HomeMy WebLinkAbout0974 18, F?~tun 1ldwno~s. This Mortgaqe is yiven to secure not oNy eocisUn~ indebled~ss, but aleo such future advences,
whether such advances are obiigatory ot are to be made at the opNon d Mortgagee~, or othetwi~e, as are mede within twenty
yeare r~om ?ne date ne~ea, ro e?e seme e~e~c as ~ sua? n,cure aavances w~e made on tne da~e a u,e eo~ecu~on a cn~s
MOrtp8p6~. Th9 totel em0unt d indebteones8 that meiy be SO s9CUt9d mey d9Crea9e Or inCreae9 from tinn9 t0 6me, but tl~e
total unpaid balance eo eecured at one time shaN not e~aceed twice the maximum principal ~rnouM rww M be advanced undef
the AgreemeM, pius inlerest thereon. and ary d~sbursemer~te (me~de 1or tltte payrr~ent d t~ua~ {evies or insurance on the MortgAged
Property, with interest on such c~sburseme~b at ihe Defaull Reite~ es hereedter deftned.
19: Oblig~tion of Mort~go~ Matgagot shal! pay the c~st d releasing or saaslying this Mortgage d record.
20. No 7Fsi»tN: It ts understood and aqreed by Mortpagor that as part d the inducement to Matflagee to make the
loan eMdenced by the Ap~eement, Mortgagee has c:onsidered and relied on the credit word~iness and reliability d Mortgagor.
Mortgagor oo4enar~s end egrees nd 1o seN. oorwey. trar~feti le~se or furthe~ encumber any ir~st in ot ery pe~t d ttte Mortgaged
Property without the prior written ~or~sent d Mortgagee~ and ary s~x~h s~e? c~nv'e'YBnce~ traneie~ lease ar erx~,mbrance made
witi?out Matgagee's prior Mrti~en consent shaN be v~nid. N any pe~gon stw~~d oixain an ir~erest in aA a eny pert d the Matgaged
P~operty pursuar~ to the eoaecutian or eNoroemer~i d ary ben, secxiri~y interest or otl~er right. whetlier superio~ equal a suborcinate
to this Mortga~e or the lien hereof; such event shall be deemed ro be a transfer by Mortgagor and an event d defautt hereunder
21. ONstilt iht~. The Defauit Rate shall be the highe~ rate pemnitted by applicable law
- 22. Chanpss to 1Aort~aq~. AN changes, aite~ations, deletior~s or add~oor~s to the cubstance d anf? Para9raph in this Mortgage
which hawe been agreed to beM~een Mortgagor and Matgagee ha~re been initisled by Mortgagor as additional prod d
MortgagOt's Con~ent. ~
23~ UN of Bon~cwin~. :5~:lgagor represeMS and warrants that ncx~e d the funds now or hereffifer bortawed unde~
this Mortgage and the agreements which it secures wiN be used to finance or refinance the aoquisitlon d any t to 4 tamily
dwetling (nclu~ng a conciomi~ium unit. cooperativ~e housing unit, or a mobile home) mortgaged hereunder or under ary
other agreement witti Mortgagee. Mortgagor indemrufies and hdds Mcxtgagee hamnless from ary and all loss, liability, c~st,
or expense arising irom ary breach d the foregoing representa~on and warraMy.
'24. Addltlo~l~1 P~apnipf~s. ln the event Mortgagot and Mortgagee agree to further coNenants in this Mortgage requiring
an additional paragraph or Pa?89~ePhs, such Para9reph or paragtaphs shall be attached to this Mortgage undet the heading
d"Rider" and shalf be part di tt?is Mortgage as ff set out in fuN hetein.
IN WITNESB WHEREOF, this instrument has been executed on the date 6rst above written. $25852
~9~. ~ '87 MAY 22 P t :45
in the pteserice d: ' ~
FII_~D :'~t~n "s;~
DOUi~IAS ~'.'s,~,': ."r' -
ST. LUCI~: r~~~.~~,:
. 4 2r3-.-,
Alan S.. Rrims y ~
.
i Valerie A. Krimsley
. (Affix Seal 'rf
Applicable)
STATE CF FLARIOA . )
COUNTY OF )
The (oregoing instrument was acknvw{edged before me this 15th~y of May, 1987
~ Alan S. Krimsle3r and Valerie A. Krimsley, hie wife
11~,~.. cn • 1~~.- . ' .
• PREPARED BY : Notary Public, State d Flaida at l.arge ~s;'s{a="
. . f,,
Barnett Bank of St. I.ucie County ~ • .
Prima Vista Office . ~ • ~ ,s
t~:` .,~i'~~ . .
900 Prima Vista Of flce My Commission Expires: ~ i;• ,
Port St. Lucie, Fl. 33452 Motary Publi~. St . orld~~~lar -
I~y Commission ~x
i~te~ fsb~ 19 1 4.- ~ i
~ 6pd0E0 TMORi?IUpK1EiEMY . ~
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'This paragraph must be completed prior to executing this Mortgage. '~y • 1.:; :..••i
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' l~ pr~vio~x edo~oer w ob~dMa tt02P1,.'li~v Nw (OPi7y ~ .
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