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Home My WebLink About1971 a icaac ic~u~u ~ui~ iua~auiuca. ~v..~uu asc~un~ aacu~~:ac VVOOL~a.ra 1~~ g 4 P•O•Box 8, Fort Pierce, F1. 34954 4 Rlc • ~ ~S , ~ Att.M.Quattlebaum ,~S ;c ~ 5~' j C direct Property Related wth Future Advanca MORTGAGE lOth January , q.D., 19 90 , THIS MORTGAGE, ade this da of ~rank C r co an dred ~hj r{ co i s wi fe (Mortgagor) and S m Rank/Tra~c~~rP C.,~~;~,~.tu~t.l~onzl~A~~,~,o~c~is~t3o~~ (Mortga9eel: (Name of 8ank) WITNESSETH. that Mortgegor, for and in consideration of tfie premi:es and in order to secure the paYmant of the p~incipal and interest on the note (as he~ein~fter dafinedl, Mortqsgor hereby gronts assigns, transfen and mortqages to Mortgsgee. its succeuors and assiyns forever, the following described real propertY in s[. Lucie Countv County, Florids, to wit: Lot 15, Block 99, PORT ST. LUCIE SECTION TWENTY-SEVEN, according to the Plat thereof, recorded in Plat Book 14, Page S, 5A through SI~ of the Public Records of St.Lucie County, Florida. Rec Fee Q nrnTer.~S DIXON Add Fee S ' •~cie C~anty THIS IS A SECOND MORTGAGE ~ 3c' ,,,,i, ~~u~ D:c':z~-~ $ Int Tax $ ~ ~ s3 ~ . s.~ ~ 3 .,..,,,,ry Clerk (hereinafter ~eferred to as the Mortgeged PropertYl: and the Mortgaga does hereby fulfy°~'avra~r~an e ~ the Mortgaged Propertv and will defend the same agai~st tha lawful dairt~rank (:hirico~ andMildred Chirico , the Maker(s) PROVIDED ALWAYS, that if ~ (Insert Name(s)i of that certain promiuory note dat ~ t fiereof (the Note1, thei r heirs, legal representatives or auigns shall pay to Mortg~qee the prinapsl sum of S~''8~•~` as evidencedby the Noie,~vi interest snd upon the terms as provided therein, the finsl msturity date of the Note and of this Mortgsge being _ J anuarv y t~ , 1 g~- , which Note provides thst s!I installments of prindpa! a~d interest am paysble at the of~ica of Mortgagee, or st such other place as the holder may dasignate in writing. and that ead~ maker and endorser agree to psy all costs of cdlection. i~duding a reasonable attomey's fee, upon default in the payment of the Note, and that if default be m~de in the payment of any installment thereunder and that if wch defwlt is not msde good in accordsnce with the Lerms of the Note, that the entire principr~l sum and accrued earned interest shall become due and paysble without notice st the option of the hdder thereof; and shall perform and comply with each and every stipu- lation, a~reement and covenant of the Note and of this Mortgage, then this Mortgage and the estste hereby cxeated shall be void. otherwise the same shall remsin in full force. Make~ covenants to pay tt~e inter~est and ~xincipal promptly when due. Mortgagor coverwnts to paY tha Lxes and assessments on said property: to keep the improvements ~ow existing or hereaher erected on the property iruured ageinst lou by fire, hazards included within the term "extended coverage", and such other hazards as Morigagee may requiro snd in :uch amounts a~d for such periods as Mortgagee may require, witfi a company approved by the Mortqsgee, with a standard mortgage lass clsuse paysble to Mortgagee, the policy to be held by the Mortgagee, and to keep the building on said land in proper ropai~. The losn represented by tfiis Mortage and the Note is penonal te the Mortgagor and the Mortgagee made the loan to the Mortg~gor based upon the credit of the Mortgagor and the Mortgeges's judgment of the ability of the Mortgagor to repay all sums due under this Mortysge, and, therefore, this Mortgage may not be assumed by ar~y wbsequent hdder of an interest in the Mortgaged Property, except as provided herein, without the prior expreu written consent of the Mortgagee. If all or any psrt of tfie Mortgaged P~operty, or any interest therein, is sold or transferred (induding a transfer by a~esment for deed or land contract) by Mortgagor ~ without Mortgagee's priw written consent, excluding (s) the exeatibn of a lien or encumbrance wbordinate to this Mortgsge, lb) ! the creation of a purchase money secu~ity interat for household appliance, (c) a trsnsfer by devise, descent or by operation of law j upon the deatfi of s jant tenant, or (d) the gant of any leasehdd interest of 3 years o~ less nat containing an option to purchase. ' Mortgagee may, at Mortgagee's option, dedare all sums secured by this Mortgage to be immediately due and payable. ~ This Mortgege shall secure not only existing indebtedness, but slso wch future sdvar~ces, whethe~ such advances are obligatory ~ or to be made at the option of Mortgagee, or otherwise, as are made within twenty (20) years from the date hereof, to the same extent as if such futuro sdvances were made on tfie date of the execution of tfiis Mortgage, but wch secured indebtedness shall not exceed ~ at any time the maximum principal amount of S plus interest, and any disbursements made fof the payment of taxes, levies, or inwrance, on the Mortgaged Property, with interest on such disbursemenu. My such future advances, whether obligetory or to be made at the option of the Mortgagee, or otherwise, may be made either txior to or after the due date of the Note ~ or any other notes secured by this Mortgage. All covenanu and ageemenu contained in this Mortgage shail be applicable to all further ; advances made by Mortgagce to Maker under this future advance clause. ~ Should any of tfie above covenanu be broken then the Note anci all moneys secured hereby shall, witfiout dema~d, if the r Mortgagee so elect, at once become due snd payabie and this mortyage may be foredosed, and all costs and expenses of collection ~ and reasonable attwneys' fees. induding costs, expenses and reasonable atto~neys' fees on appeal, if collected by legal proceedings ; or thra~gh an attorney at law, shall be paid by the Maker, and the same are hereby secured. ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. ~ Signed, sealed and delivered in our presence: ~ . . ~ ~ ~ V~~_1. /1~~2~-a~- (SEAL) ~ ~ , Frank (Mortgagor) Chirico G ° o ~ , /y ~ m ~ ~ t -1~!'~IZ~~~~90~1 LtTi'4~'~~ (SEAL) Q ~ w a o v STATE OF FLORIDA ) s d~~~ COUNTY OF ' Martin ) , Q d d ~ ~ ! HEREBY CERTIFY, that on this day, before me, and officer duy aut~ori ed in the State aforesaid and in : u cp r'ranK C~irico and ~ Z~, ~ the County aforesaid;ottake acknowledgments, personally appeared ~ W C s~ #f ~~id'=Ch rico to me known to be the person described in and who ~ Q W e ~ f ~'ng insi ment and acknowledged before me that *hP~_ R _x"t'~"":.~ ~ . ~ ~i~~' ~ ? r' 'r~~ WITNE~.S m hand and official seal in the County and a e las afor i thi lOth day of r ~ t y ~ ~ ~ o~°o ~i-~-~--~-~=n ta , ~ , A.D.. 19._.~4___- ,,..r~ E ~ ~ " • ~ ; _ Notary Public . ~ ~ _ ;J II t j G~' My Commission xpires: ti ~ : i P4-6014-000-7 R~,~SI ~ ~ " . , . (1 Q ; " , ~ . ~ x~,,~,.~ ~ E~~~674 F~E19?i ~ - ~ ~ _ ~