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Home My WebLink About0292 uv~ ~~~iii~,~ vw~ j d lnc t:i~ 3U. ~~J Ree F'~~~ ~_,[_,D_ ' ,'~!`:CN Add Fre 3 - ;.ty DxTaxS~~ 1~ ,..it~ LDt Taz =~_I_ ~ Direct roperty Related ture Advance ~ , ; ~~ty Cl.ric MORTGAGE TO~ _ THIS MORTGAGE, made this ~4ttt day of Jani~ar~~ , q,p„ ~g U(L between Rli~mc,r ~nL~ i iyl~l,iZii...$~lyip~V~~~~~~~•}~g~i~t.}.~f~ (Mortgagor) 0fld i L R B 1 n k I T r c~ a c~~ r N C n~ c t~ :Z~C•i0~il~a'ti~~-11Eb6•6•Q.},~.~.}.g~R 1 Mortgagee (Name of Bank) WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to sec~re the payment of the principal and interest on the note (as hereinaher definedl, Mortqagor hereby grants, assigns, transfers and mortqages to Mortgagee, its successors and assigns forever, the foilowing described reel property in S t Luc i e County, Ftoricia, to wit: Lot 42, Block 538, Port St Luci~, Section Thirte~n, accordi~g to the plat thereof, as recorded in Plat Book 13, at pa~es 4 and 4r\ through 4~1, of the Public Records of St Lucie Count}~, rlc~rida. Ttii~ is a Second `lortgage (hereinafter referred to as the Mortgaged PropertY): and the Mortgagor does hereby fully warrant the title to the Mortgaged Propertv and will defend the same against the lawfu~clairns o~~ll persons wh msogver. PROVIDED ALWAYS, that if °uis umer and ~.illian Blumer his wife , the Maker{sl (~nsert Name(s)? their of that certain promissory note dat daz hereof (the Notel, heirs, legal representatives or auigns shall pay to Mortgagee the principal sum of a i~'~~4' y~ as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being ian~,ar.T?~, ~nnn ;,~1/~r~_, which tu~.~ ^'n_•e~~s !h~! s!! ineis!!.:.r.^.!s .^.f ~ci~:~3 ~n:± 6^!s ~~ei =ra navat~~~ z! !hn rsffi:-a nf !~nr-.-= :s: :::-4 --~z: Tl~.~a 3i S~cL F:5:~.:.- _ _ ' _ ~ c c. = v_"x fu-sx ~ "a~ - _ : _ ' _ ' -a G • ~ z - • F:~s- . ..i f' ' may designate in writing, a~d that each maker and endorser agree to pay all cosu of collection, including a reasonable attorney's fee, upon default in the payment of the Note, and that if default be made in ihe payment of any installment thereunder and that if such default is not made good in accordance with the terms of the Note, that the entire principa! sum and accrued earned interest shall become due and payable witt~out notice at the option of the holder thereof; and shall perform and comply with each and every stipu- lation, agreement and covenant of the Note and of this Mortgage, then this Mortgage and the estate hereby aeated shall be void, otherwise the same shall remain in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assessments on said property; to lceep the improvemenu now existinq or hereafter erected on the ' properry insured ageinst loss by fire, hazards included within the term "extended coverage", and such other hazards as Mortgagee may reguire and in such amounts and for such periods as Mortgegee mey require, with a company approved by the Mortgagee, with a standard mortqage loss clause payable to Mortgagee, the policy to be held by the Mortgagee, and to kesp the building on said land in proper repair. The loan represented by this Mortage and ihe Note is personal to tha Mortgagor and the Mortgagee made the loan to the ' Mortgagor based upo~ the credit of the Mortgagor and the Mortgagee's judgment of the ability of the Mortgagor to repay all sums due under this Mortg~ge, and, tfierefore, this Mortgage may not be assumed by any wbsequent hdder of an interest in the Mortgaged Property, except as provided herein, without the prior express written consent of the Mortgagee. If a{I or any part of the Mortgaged ' Property, or any interest therein, is sold or traresferred lirsduding a tronsfer by agreement for deed or land contract) by Mortgagor ; without Mortgegee's prior written consent, excluding (a) the cxeation of a lien or encumbrance wbordinate to tfiis Mortgage, (b) ; the creation of a purchase money security i~terest for household appliance, (c) a transfer by devise, descent or by operation of law ; upon tfie death of a jant tenant, or ~d) the grant of any leasehold interest of 3 years or lesa not containing an option to purchase. ; Mortgagee may, at Mortgagee's option, declare all sums secured by this Mortgage to be immediately due and payable. e This Mortgage shall secure not only existing indebtedness, bui also such future advances, whetfier such advanoes are obligatory or to be made at the option of Mortgagee, or othen+vise, as are made within twenty (20) years firom the date hereof, to the same extent } as if such future advances were made on the dste of the exec}~tion of this Mortgage, but such secured indebtedness shall not exceed ; at any time the maximum principa! amount of S n/a plus interest, and any disbursements made for the payment € of taxes, levies, or insura~ce, on the Mortgaged Property, with interest on such disbursements, Any such future advances, whether obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note ~ or any other notes secured by this Mortgage. Al! covenanu and a~eements contained in this Mortgage shalt be applicable to all further advances made by Mortgagee to Maker under this future advance clause. Should any of the above covenents be broken then tfie Note and all moneys secured hereby shail, without demand, if the ~ Mortgagee so elect, at once become due and payable and this mortgage may be foredosed, and all cosu and expenses of collection k and reasonable attorneys' fees, induding costs, expenses a~d reasonable attorneys' fees on appeal, if collected by legal proceedings f or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. 6 IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. ! c Signed, sealed and defivered ~ i in our presence: ~ l I 1 ~.~ti . ~ , ' 'J + - ~ _ . ~ ~ . ~ _ ~ (~(~L.~ ~ ~ ~ k b 4'-v__^~i` ' .w` V~$~t:~ ~ ~ (Ni10rtQa90f) _ ' • ~ - L " n ~ i ~ • .~~i ~ J ~ i v~ f ~ ~ r ~ l~ ~ ~t:f%z'',` '(d`EAL) ~ ! ~ . ~ e ~ ~ (Mortgagor) ~ ~ ~ ~ a!i I STATE OF F~ORIDA ) a W ~ ~ ~ a COUNTY OF St Lucie ~ y J Q i 3 ~ t!-tERESY CERTIFY, that on this day, before me, and officer duly authorized in the State aforesaid and in - z ~ the Cqunty aforesaid to take acknowledgments, personatly appeared Louis Blumer and L i 11 ian t3lume r h i s wi f e to me known to be the person described i n and who ~ = executed the foregoing instrument and the~ acknowledged before me that r}~v3r r ~ ~ ~ executed the same. 2 24t~1 WITNESS my h nd and official seal in the ounty and State {ast aforesaid this day of = H ~ ~a:iuary A.D., 199~ j ~ ~ ~ Not ublic ~ ; My mmission Expires: P4-6014-000-7 Rev. 4/84 mw a~IIC STATE ~ fL~i1DA rsrr can+~ssin+ ~xc.,c~?ri.~ ti.~v~s a~~ 675 29~ a~,~ ~ ~ . - ~--~=~~~~~~~~-f~~._~