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Home My WebLink About0996 ' G~~c.`ls~'') - N j~ ~l~~it.i 17 ~ ~ _ S11~.,~T MONEYS~" EQUITY Mt)RT~ ,GE THiS MORTGAGE, Made th~s 2~~d day of , A.O. 19~_. ; between _L~gn Hi nt ancl Vai kP i n~~ ~i e W.1,£~ (Mortgago~? and : Artwri nan p; (Mo!tgagee). ; MERICAN PIONEER SAVINGS BANK WITNESSETH, thal Ma~tgagor, for and ~n consideraiion ol the premises and in order to secure the paymern ol the princ~pal ~ and interest on the agreement~as here~naiter delinedl, Mortgagor hereby grants, ass~gns, transfers and mortgages to Mort- ~ gagee, ~ts successors and ass~gns torever, the tollowing described real property in ~t Luei e 7 County, Florida, to wit i : This mortgage secures flature advances which may be made pursuant to ~ection 69T.04, Florida ~tatutes. The total amount of the indebtedness that may be secured by this mortgage may decrease or increase from time to time, but the total unpaid balance should not exeeed a maximum principal amount of $50,000.00 Unit No, 1704, THE MIRAMAR II, A CON~OMINIUM, aecording to the Ceclaration of Condominitun tnerea of, recorded in Official Records Book 441tf pages 222 through 342, inelusive, Public Reeords of ~t. Lueie County, F'lorids, and all amendrr~ents thereto. Receiv~ s In P~yment Oi T~a~xe3 l~~a'`- ~ 7a.~- ~D~y -b°u ~ Due On C~ass ~~C~~ Inlan 6~e Personal Pro erl Thl lnstrumens Mdus Prepared 8y% 9 P ~,~,!L-R(CAtJ P,Q~~tE~~ Pursuanl To Chaptcr 71, 134, Acts OI 1971. Sq~, )TlGS CAt;;C • DOUGLAS DlXQi~l, p~~ ~88 rfaR 14 A~~ 6 :;ua~t, Fla. 31497 , o yg9 th , deral ti y Clerk Circuit Courl, Sf. L~s, Co., Fla. $~8~~~ ~ By: FIR~T MORTGAGE DOUG:....; ; ~ • ; ~ here~nafter reler~ed to as lhe Mortgaged Pre~e~~~td Ihe Mortgagor does hereby tully warrant ihe title to Mortgaged Pro- ! perly and w~Il detend the same aga~nst the lawtul claims ot all persons whosoever. ~ PROVIDED ALWAYS. that ~t AgcLan[LlfaikP HinY- , the Make~(s) of that certa~n. ' (Insert Namers)) Smarl Money Cred~t Agreement, credit nne number - 1500Q~Q,~97 dated -_~123L88 , their Heirs. legal representat~ves or assigns shall pay. to Mortgagee the pr~nc~pal sum of $~g7gp,n nn as evidenced by the Agreement, with interest and upon ihe terms as prov~ded there~n, which Agreement provides that all installments oi principal and interest are payabte at the office } ot Mortgagee. or at such other place as the holder may designate in writing, and ihat each maker and endorse? agree to pay all ~ cosls oi cotlect~on. ~nclud~ng a reasonable aitorne}!s fee, upon default in payment oi theAgreement, and that if detault be made s ~n the ~ayment oi any ~nsiallment thereunder and ihat if such default is not made good ~n accordance with the terms of the ~ Agreement.lhat the ent~re payment sum and accrued. eamed interest shalf become due ard payable without notice at the op- t~on ot the holder thereoi; and shall perform and comply witii each and every stipulation, agreement and covenant oi the Agreement and ot th~s Mortgage. then this Mortgage and the esta:e herebycreated shall be void, olherwise ihe same shall re- ma~n in futl force. Maker covenants to pay the interest and princ+pa! prompilywhen due. Mortgagor covenants to paythe taxes ~ and assessments on sa+d property, !o carry insurance against fire on the building on said land lor not tess than the full insurable value. approved by Morlgagee w~th standard mortgage loss clause payable lo Mortgagee. the policy to be held by ihe Mort- gagee and to keep the building on said land in proper repair. . The Mortgage shall secure not only existing indebtedness, but also such tuture advances. whelher such advances are obli- ~ gatory or to be made al lhe opt~on of Mortgagee, or olhen~vise, as are made w~thin twenty(20) years from the date hereof, to the same extent as ~f such tuture advances were made on the date of the execution of lhis Mortgage, but such secured indebted- ness shall not exceed at any t~me the max~mum principal amount ol $ 50,000.00 plus interest, and disburse- ments made for the payment of taxes. lev~es. or insurance, on the Mortgaged Property, with interest on such disbursements. Any such iuture advances, whether obligatory or to be made at the option of the Mortgagee, or othennrise, may be made either or~or to or aiter the date oi the Ag~eement. or any olher Agreement secured by this Mortgage. All covenants and agreements contamed ~n th~s Mortgage shall be appl~cabte to all turther advances made by Mortgagee to Maker under this futurs advance ~ c~ause- Should any of the above covenanis be broken then the Agreement and all moneys secured hereby shall, without demand. ~f the Mortgagee. so eiect, at once become due and payable and this mortgage may be toreclosed, and all costs and expenses oi col~echon and reasonable attorney s tees. including costs. expenses and reasonable attorneys fees on appeal. i! collected by iegal proceed~ngs or through a~ altorney at law, shall be paid by the Maker. and the same are hereby secured. . fN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of lhe date tirst above set forth. m~ i S~g ed. sealed and del~vered in our presence: _ o J I ~ ~ , W j ~ / ~ ~L ~ ~ csEAu a ~ ~ (Mortgagor~~ Hint a ~ ~ - 1 ; ~ - i _ ~ " (SEAL) 3 ~ Elorida ~ ortgagorlVaike Hint STATE OF I ~ ~1~,1\ z ! COUNTY OF ~rtin ~ ' ~,~1 W ; ` ~ ~ I HEREBY CERTIFY, thal on this day, befor me, an.ot(ic~r~luly autt~orized in the State aforesa~d and in lhe ~ ~ County aforesa~d to take acknowledgements,~ersonat~y~appe~'~ted ' to me z~ I known to be the person descr+bed in and inrho executed"fre~tore~oing ti~si~u~nent and o and Vaike Hint - ~ acknowledged~efor~.me that ' executed the same. ~ + WITNESS my hand and official seal in~the Co~nty ~ d stat~ last a o{esa~ th ° I I day ot ~'.e~ , A.D:,'f9 ~ " ;-:j-;, _ f , . otary Public R ~ ' _ My Cor~ifmission Expires: Idotuy ~{ic, Stzte of florida ' Q~r ^fQ My C4inn?iss:cn Ea~:res July 29. 1991 ~ _ BOCK ~ 1 J PACE t7~~. w.a.a r~ r~or ?.v, r~, ~ - . , - . - ~ ;