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~~d! 1~ U~rect propc~tv Related
With Future Advance
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M4RTGAGE ~J% '
~}+IS MORTGAGE, macie this 23~'d day oi ~ M~Y , A'.0., 19
,~~:ween (Mortgagor? and
_ . ,"(Name'bf 8ank) , . (Mortgaqee.l:
WITNESSETH, that ~IVlattgagor, for a~d i~t cornideration bf the p~emises and in order to secure"~fhe payme~t o( the principal
~ ti +nterest on the note .1as hetei'~after definedl. ~llortqago~ hereby qrants, assi ns,`tra~sfers and mottqages to Mongagee, its successbrs
ass~gns ~orever, the following'descnbed real prOperty in ~t. LU~IE' '
:,,untytFlorida,towir. Hr~m"the i~ti`tersc'ctfon°of the No'rth right-2~f-w~~y linc of °Uhio Avenue ~nd South
c h SCre~ t in rtie (:ity oC Nort P-ierCe~ l~loriclr~, run E~st 7U feet ~~to rhe P~tnt of f3eginnin~ ;
~m st~~d `
: • point ,of be~,inni~ig, rt~n No~th ~143 feet; tiience run F:~st.. 70 feCt• thence run Soutt,
. t~hic> 'Avc.nc~e,T to thc 'ni~tt of be y~ g ' t, aiony the ;~orth 1 ine of
'fc,ec tu th~. i~a1`th lin~. af Ohio A~enue'~ectionel7~ TOkIlSI1Ip 35 Sol ~'`~rt of thc W I/2 ~f
p irit~'tfi ~3id l~nd 1 in ahd bci?~,
tiF, t/4 c~f the St: 1/4 of tl~c Nh 1 4 of ~ Ct'. Rr~n~e ~i0 F.a~;t,
. l.ucie Cor~ntY. Florid~~. , '
SI?BJEC7' TO: (;on~l~Cions. re;~trictions, rescrvztions, limitations and casemehts ~f
~:~rcl; ~~ppl icab'le z~nin~; o'rdfnance~;,- taxes <~nd assessmerits' `for the yei~r 1978 and assessments ~
~ the year 19~$ ~~nd subse~tie'~ht ye~rs. Tf1iS IS A FIRS'f MORT(:AGE
~•~re~naher;referred to as the MOrtqaged Pr~iperty); and the Morigagbr does hereby fully warrant'the title'to"the~Mc~Ttgaged Ptbp~rtv
~~-d wilt defend the same againtf the 18wful G i f all'c~~son.i ~rh Qmso~ver.
PRO'~10~~ ALWAYS, chat if ~m~ am R. ~7~Co l~l Um
the Mak~t(!)
r ~~~i 5 ~Name(!1)
,
,rc the principal:`su te), heirs, legal r~`~i?esentatives or assigns shall "pay to
` h~aat c~erta~n p.omissary~~Of"$At~d~$d~te`~h~~~'~f"fas eNdenced bjrthe'Note, with interest and upon'the termras ~~ovided therein,
~ _ tS 1 -
e tinal m~turity date bf"therNote and 'of this Mortgage being ,`19 , which
'.,~ce provides that all installme~ts of ~tincipal and interest are dayable at the'df ice ~f~fNdt'tgagee, or at such~athe'I~I~~e~as the-hblder
ay esi nate in wr tiri' , and that each ma er an en 6
~ g ~g ~ ~Ser agree'to"pay all~co"sts' of collecti~in. including a r'easonable attofney's fee,
i y,
.Pfauld`.eSanot madepgo(id i~ accb dance~with~tFiettermsfOf the NO~e tfi~'t ~heeenti e p~inCrp~~iSStallment"thereunder and tli~t if iuch `
' um and acctued earned i~?t8re~t"shat!
:~come due an`d paya6le without notice aZyth`~` li~i'ti~n "of the*holde~"thereof; and 3hatl perf~f~n and"~Otn~ily with each end every~s'tipu-
' a~~on, agreement and'Covenant of the'~Ndte and of''this MtNtgage;''~en' this MOrt~age a~d th"A Att~te hereby Cre~t~d shalf'be void,
c
I 1~~enanu o pay the staxes d,as~sessments on sa d propertyn~tb ke pY the ifiiprovemeiits now eXi3tinq phy~en due. Mo~tgagix
~ eaher erected on the
I . roperty ins~red againsC`loss by`fire, tiaza~ds i~i~tuded witttin the'_term "extended`coverage", and such`othe`~'Fiaza'r'ds as Mdrtgagee may `
' ~~~•.;uire and in such amou~its and for such~ peribds'as Mortgegee msy ?equire, with a~orri'pany:app~oved by the M8'Ftqagee, With a
'i >~andard mortgage lo4s clause payable to MAt~tgagee; the policy! to`be held by'the M4rtgagee, and`to°keep'the° building on saidi~nd~n
' . ' ~Per sepair.
k The loan represer~ted by this MOttage and the`NOte is=personalYto'the Morttja~or and the Mortgegee made the loan'to'the
~ ~
M y8ge, and, ~e ~f the Mort9agor and`the Mortgagee's~~ju'dgment'di the ability~ ot'the Mortgagor to°repay'all sums
~ :~.:e under thi Mbrt ~ the c~eci~~''~efbre, this Mditgage may Atlt"be auu~ned by any subsequent`holder'of an interest in th~~Mortgaged
i ~•ope ~ " p ` f all or any part ~f the Moitgaged
. ~
E >~~rt .~r gagee seP~so~ w ~tten consen~ t
xcluding (a)'the~tlae8t on~of a lienf o~ e a~
br~ ~d or''IarSd contro~tl"bY Mortgagor
~nout Mort subordin~te to this Mortgage, (b)
f •~~e creation bf a-p~irchase money seCUrity intgrest fo'r"'h0usehCid appliance, (c) a transfer by'devise, descent or°by operation"of law
I .:~:on the death of a oint°tenarlt, or (d) the rant of an leasehold
! , g 9 j 9~~ , g y ~ t~' ir?tereri' bf 3~years or`less not cdnt~tning an•option`to' p~rchase,
E .tort a ee may, at Mort a e s o~tion declare all tUms sec~tred s MO~tgage to 6e immedistely"due a~tid'payable.
'~Thii Mb~tgage shall secure not only existin indebtedness, but also such ty re advanceS? whether suCh advances bre'obligatory
to be made at thc option''df`Mortqagee, Or otherwise, as are mgde w~thin"twen (20~~years ffom"the date herebf, t~"the same extent
~s .f such future advances wer9'fnade on'the date of"the ekeeutbn of this Nlbrtgaya; but such secured indebtedness shall not exceed
any time` the maximum principal amoU~lt of. S °1a plus interest, and any disbursements made for the payment
caxes, levies. or insurance, on the Mottgagcd Prbpe~ty, with interest on such disbursemenu. Any~ iuch future advances, whether
' .os~gatory or to be made at"the~a~ftton of the MOrtgagee, or otherwise, may be made either "~7tic~r to o~ afte`r the'due~date of'the'NBte
€ anc stme~~no~tYs secured^ by' this Mortgage. AU covenants ~nd agreemerits contained in this Mbrtgage shall be applicable to a?I further
~ Mortgage~ to Maker u~tider this fut~re advance clause.
Should any of'the abov
e covena~its be broken then the Note and all mOneys secured hereby shall, without demand, if Lhe
~ '•',~rtgagee so eleCt, at once become due and pay~ble and'this mortgage"fnay'be fbreclosed, and ailYcosts and expenses of collection
d reasanable attOrneys' fees, induding costs, expenses and reasonable attorneys' fees on appeal, if collected by legat proceedings
~hrough an att0~rney at law; shaN be paid by #he Maker, and the same are`h~rebysecured.
IN WITNESS~WH~REOF,'the Mt~ftgago`f has executed this Meitgage as of the date first above set forth. .
~
~ Siqned, sealed and delivered
~ in our presence:
`'•l.r.r . i`~;~LG~-~r_,..ti /3Z~ ~G:~'L~.,_.~,_ ISEAL)
T` _ ,
{Mo"ttgagor>
~ T ~ _ , -s , , . ~SE~L)
,
~ ~ •i. ~ 4 4Mortgagorl ~[.~<f t 0 '
.
s -
t • . . , ~ , , ':d !.:~vn~
~ ? f S'~ATE OF FLORIDA ) ~
.:u y . .'y.
•.L ~ f / ~ ~ '
- courvr~r oF . _ . . t l ~ ~
Q , , ' _
` ~ ~ 1 HER~6Y rER'fiFY, that on this day, be~ore me, and o~ticer ~u{y a~tpo~iZed an ~he SWte a~
oresaid and ;n
z ~ the County abresaid to take acknowledgments, personally appearrd ~G.sr_ :'~,,.~~/<<' r'h
~ ~ ~ ~ ;o me known to be th~ person desCribecf ~n and who
z, i exer,uted'th@ (dreqoinq ins~rument and °~~I~~ acknowletiged belore me that _1i_~
~ v, .x ' executecf the same.
~ ? ~ WI"fNESS ht hand and oificial seal in the Co 1~tY and State last aforesaid this - •~-z ~ f~ day ot
~ fY, ~
_ ~ . A.D., 19 r~ . - i , , ~rj - ~
~ ~ .l~~w_ ~ , /"f `''r 2 ~ - t_ .
,
~ `Notary Public - - T'
~ Mv Commission Exoires: G' ~
~ ~ 5~;~ ~ ,~?7 I
~ 5p14•C)00•7 1Rev. 4/&i) mw ~,D:,i~~ ~AG~
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