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Home My WebLink About0977 Doc Stamp~ 32.10 ~'~b~~1 '°j' - s aa ~ y~ Int Tax 42.66 Rec Fee ~6:~0" /O~S ~ Oi~ect Property Related i With Future Advance ~ ~ . MORTGAGE ds'~ i ~ ( THIS MORTGAGE, tn e this 13th ~y of JULY , q,0., 19 , ' 9syorl and 3 between ~ ~ (Mort1Mortgages); ~ S . (Nsme of 8a~k1 WITNESSETH. that Mortgagor, for and in consideration of tfis premises and in order N secure the payment of the principsl and interest on the note (as herainafter defined), Mortqego~ he~eb~n~r~s, transfers and mortqa~es to Mortgagee, its succeuors and assigns forever, the following described real property in County. Florida, to wit: l~ Lot 15, and Block 528, PORT ST LUICE SECTION TEN, according ~ to~the plat ~hereof recorded in Plat Book 12, pages 49, 49~ through 99G, Public Records of St Lucie County, Florida ~~3 3p Received S__ 4~ In ymenl 04 Taxes ..f..., i~._..~.41,. D.+ i._ . ..,,,al Proporly, titl'.• - .1: i:i t THIS IS A SECOND MORTGAGE Pur<.;~~~nt To Ci:-p;cr %i, is'4; Acis Of 1971. ~ ~OUG~AS D~XUr+, derk tircuil Cowi, Sl. lutis, Co,, f~a. (here+nafter referred io as tha MortgsQed Property): and the Mort~egor does heraby fully warrant the title to the Mortg~ged Property and will defend tfie sama against the lawful d.ims qf aU ns omsoeve~. PROVIDED ALWAYS, thst if Daniel~Wa~er and Marv Ann Walker, his wif~e Maker(s) ~~iee~ir amels)) of that certain promissory note da~ t~q3~te81~eof (the Note), heirs, legal representatives or suigns shall pay to Mortgagee the principal sum of ~ ~ • as evidenoed by the Note, with interost and upon the terms as provided the~ein. tF:e final maturity date of the Note a~d of this Mongsge being Ju y 12 ~~,Q,Q,?~ Note provides tfiat alt instalime~ts of p~inapa! and interest aro psysble at the office of Mortgegee, or at such other place's the holder may deslgnate in writing, and that each msker and endcxsar agree to pay ali costs of collection, induding a reasonable attornay's fee, upon default in the payment of the Note, and tfi~t if default be made in ths payment of any instsllme~t the~eunde~ and that if wct~ default is not made good in aacord~nce with the Lerms of the Note, that tha entire princip~l sum and accruad earned intsrest shall bacome due and payaWe without ratice at the option of the hold~r thereof; ~nd shdl perfortn snd comply with each and every stipu- lation, agreement and covenant o~ the Note and of this Mvrtqps, then this Mortgaye and ths astate hereby aeated shsll be void, atherwise the same sh,ll rsmain in full force. Maker cove~ents to pay the intsrest and principal prom~tiy when due. MortgaQor oovanants to pay the taxes and auessm~nts on s~id property; to keep tfie improvemerrts now existing ~or heroafter arected on the property insured aqainst loss by~fire, hazsrcb indudsd within the term "eMended covers9s", and such other hezard: as Mortgagee may requiro and in such smounu and fo~ such periods as Mortgigee may rsquire. with a company approved by the Mortg~gee, with a standud mortgoge loss clause payable to MortgEgee, the policy to be held by the Mortgagee, and to keep the bu~iding on said land in proper ~epair. The toan ~epresented by tt~is Moriage and the Note is personal to the Mortgagor a~d tfie Mortpgee made the loan to the ' Mortgegor basgd upon the cxedit of tfia Mortgager and the Mortgogee's jucigment of the a~ility of the MortgaQor to ropay all suma due under this Mortgage, and, therefore, this MoKgage may not be assumed by any subsequent holdar of an interost in the Mortgaged Property, exoept as prrnided herein, without the prier exprou written consa+it of tha Nloriqsges. If ali or any part of the MoKgagad Property, or any intarest therein, is sold or transferred (induding s tronsfer by agreement fr,r deed or I~nd contract) bY MoKgagor without Mortgagee's prior written conser?t, excluding (a) the ~xeation of a lien or encumtxance wbordinsta to this Mortg~gs, ib) the creation of a purchase money security interost for household applisnoe. (c) a transfer by devis0, descant or by operation of !aw upon the death of s joint unsnt, or (d) the ~s~t of any teasehdd intemst of 3 years o? less not containing an option to purchase, Mortg~gee may, at Mortgsgee's option, dedare sil sums secured by this Mortg~ge to be immediately due and payable. This Mortgege shall secure not only existing indebtadn~ss, but also wch future advanoes, whethar such advances are obligotory or to be mede at the option of Matgagee, or otherwise, as are made within twenty (20) years from the date he~f, to the same exient as if such futuro advances were made on tha date of the execution of this Mongage, bui such secured indebtedness shall not exc~ed at any time the maximum principal amount of S N~a pius interest, and any disbursements made for the payment of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch disbursements. My such future advances, whether obligatory or to be made at the option of the Mortgagee, or otherwisa, may be made either prior to or after the due date of the Note or any other notes secured by this Morigage. ~4N covensnts and ageements contained in this Mortga~e shafl be applicable to all further advarxxs mada by Mortgagee to Maker under this future advance cfause. Should any of the above covenanu be broken tften the Note and all moneys secured hereby shall, without demand, if the Mortgagee so elect, at once become due and payable and this mortgage may be foredosed, and ail costs and expenses of collection anci reasonable attomeys' fees, induding costs, expenses and reasonable attarneys' fees on appeal, if collected by legal proceedings or throagh an attorney at law, shall be paid by ihe Maker, and the same are hereby secured. IN WITNESS WMEREOF, the Mortgegor has executed tfiis Mortgege as of the date first above set forth. i Signed, sesled and deiivered in our presance: ~ ~ 1 / i ~ ~h1l1/t.~(O ~ A QQ'~~ ~ ~ - . (SEAL) o Da iel F ~ } b m 2 (SEAL) W -N Mary Ann ~a°1`~~~ ~ ~ . 0 S7ATE OF FLORIDA ) W ~ ~ ~ courvnr oF st Luci ~ f. F I HEREBY CERTIFY, that on this day, before me, and offi I~ari ~r Z~ • Wal~ate afores$id and in ~ ~z ~ the County aforesaid to take acknoverledgments, personalty appear , er anti ~ ~ ~ r~ta r~ nnn wa 1 kPr , h? s wif~ •to~ r~ ,to~~ rson - described in and who , ~ executed the foreqoing insuument and noW,ydgsd e me that the,y t ~ ~ ~ executed the same. - • ~ ~ ~ y~ ~ WITNESS my hand and official sesl in the C Ar~d. , te"ta~t r. ~aid t;~ 1~th day of ~ = c~ ~ JULY , A.D., 19 r . ~ r- G1 . _ ~ ~ ~ Notary Public ~.:~;,;~;f' ? ~ 1~~ ~ p~GE 'My Commixtion Expires: A~ ~;~RIOA ; 460f4-000-7 (Rev. 4/84) mw MY tANlMISSION PIRES Al1G. 2,1981 - , ~ - - ~ - ~~+~~~i _ _ - - -