Loading...
HomeMy WebLinkAbout0990 +.e. :~~r~~r ~ ~~F= ~F-=~~~ ~ i r.~ ~ ~ ~ ~-f_~ ~i~~~ , Direct Prt~perty pelateti r~o~~~~r~~n~,Yl.; s rc~ M~ r<. x t~~6~ ~.1O {Jn,~ ~ tiF PT. ~f (tEV~.I4U! t,- r~, • With Future Actvanc~ w - ~i~^'~ ' ll 5 1~ •f - i - =~~~d. ~ ~ ~o~r.os~ r e. r z ~ : ' - . ~ . ~ M~qT(~At3~ . s THIS MORTG~,GE, made ihis 3x~ day of pecember A.D:,198~ , between I°Lk Edvin. t~i~~$ve and Cyn~hia Kny Musgrave , Ris WiPe (M01~tgagpr) Snd SUN B~IK O~' ST. LUCIE COLTNTY (MprtgB~gg~; (Name of Sun Bankj . . ~ WITNESSETH, thai Mortgagor, tor and in consideratbn of the premis~s and (n order to secu~e t~e payment of~he princi- pal and interest on the cwta (as hereinafter defined), Mortgagor hereby grants, as~igns transfets and mortgages to Monga~~e, ~ its successars and ~ssigns fo~evsr, the foliowing described real property in _ s~. Lucie COUnty, i Florida, to wit: ~ L~ y± . ~ ~ ~ QGn ° j The West 60 feet oP the ~ast 30~ ~ee~ oP Lot 9, MARI~VILLA GARpENS, Unit One, as per plat tt~ereo~ on ~i.le in P1At Boo?c 6, pag~ 55, ~ public records of St. Lucie County, Florida. . ~ THIS IS A SECOND MORZGAGE. . ~ 5f~f 62 ~ • I . "'~~C ~ Q g y~ In Payment 01 ~~M ~ . ~ 9 46 a.~•~~~ s~T , Intanc;ib'e Pcrsonal ~'rop'~~~ f 1:.~ C~ x: i ft' ~ Dus On C~ass ~C ~ pursaant 7o Chapler 7!, l:s%. A~t~ 0~ 1971. ~ S'- l tn'! fNi . ; ; ~1 ~ ; li/'Gf R?'Cti : t~.: ti~ ROGER POITt2AS j ` CL(.FM. C~'ri.t;l.' 4~! . ,i • ~ ~{e~ic Circuit Cou~t. St. Lucie~ Co.~ ~ _.r~. ~ ~ - ~ ~ (hereinafter referreii to as the Mc~rtgaged Property); arKi the MRrtgagor does hereby fully waRant the title to the Mortgaged I Property and will defend the same against the lawful claims of all persons whomsoever. - ~ PROVIDED ALWAYS, that if ~ , tfie Maker(s) of that certain ; , ~ [ Rsert Mame s)J { promis~ry note dated the date hereof (the Note), t~}~ heirs, legal representa;iYas or assign5 shall pay to Mo~tgagee ( . the principal sum of $.~.S.4L2SL as evidenced by the Note, with interest and upon the t8rm~ as provided therein, the ~ final maturity date of th~ Note and af this Ma~age beina nP~~her ti .,19 BZ , which Note provicies ~ that all installments of principal and interest are payable at the office af Mor4gagee~ or at ~uch other place as the holder may ~ designate in writing, and fhat eacti maker and endorser agras to pay all costs of cc~llection, including a reasonabls attomey's . ~ ~ ist~, upon default in the payr:~:~t of the Note, and that if defautt be made in the payment of ar2y installmeM thereunder and that if ~ such def~uft is not made good in acoordaree•s with the terms of the (V~te~ that tt~e 8ntire pr+ncipal sum arx3 acc~~tl, eamed inter- £ - est shall become due and payable without notica at the option of the hoi~er thereoi; and shall perfoRn and comply with each - ~ and every stipulation, agreament ar~d covenant of the Note arxf of this Mort~age. then ihis Mortgage and the estate hereby ~ created shall be void, otherwise the same shall remain in full force. Maker eovenants to pay the interest and principal promptly ~ when due. Mortgagor covenants to pay the taxes and assessments ai said property; to carry insurance against fire on the building on said land for not less than $ n/~ , wi;h x comnany approved by the Mortgagee~ with standard mortgage j loss clause payable to Mortgagee, the policy to be heid by th8 Mortgagee and to keep the building on said land in prope~ repair. . This Mortgage shail sec;ure not onty existing indaG±adness. but also such future advances, wheiher such advances a~e ; obligatory ar to be made at the option of Mortgagee, or otherv?~se, as are made within twenry (2U) years from the date hereot, to ; the same extent as if such future advances were made on the ~ate of the ax3cution of this Moit~age~ but such secured indebt- edness shall not exceed at any tirne the maximum prir~cipal arrrount of.$ r~,~a plus interest, arxl any dis- ~ bursements made for the payment of taxes, levies, or insurance, on the Mortgaged Property, witfi interest on suct. disburse- ments. Any such future advances, whether obligato~ or to be made at the option of tt~e Mortgagee, or othervvise, may be made ' ei!her prior to or after the due date of the Note ar any oth~r notes s~ecured by this Mortgage. ~!I oovenants and agreements con- tained in this Mortgage shall be applicable tQ all further advances made by Mortgayee to Maker under this future advance clause. . - Shs~ul~ any of the above ~venants be broken then the Note and all moneys secured hereby shall, witt~ut demansi, if the Mortgagee, so elec;t; at once become due an~+ payable ar~ ihis mortgage may be foreclosed, and aN casts and expenses of - - colleciion ~nd reasanable attom~ys? fees. including costs, expenses and reasonable attomeys' fees on appeal, it collected by I~ . lega{ proceedings or through an attomey at iaw, shali be paid by the Maker, and the same are hereby secured. ~ IN WITNESS `NHEREOF, the Mortgagor h~ s executed this Mortga ~3 as of the date first abvve set forth. ~ ~ ~ Signed, sealed and aelivered - in aur pre . ~ ~ - ~ f ~ ~ - ~~aort9a r - ~SEAL) ~ } ~ .r ~ ; m ~ ~Z za-~--- ~~y ~ ; ~°u ~ ~ ga~ ' ~ d ~ STATE OF FLORIDA ) - - ~ COUNTYOF ST~ LUCxE ~ ~ ~ ? ~ ~ I HEREB'~~I~.that on this day, before me, an officer duly authorized in ihe StatQ aforesaid and in the ~ ark Edwin & thia Ka Mu ~ ~ ' County a 'dairs,'fadse nowtedgrnents, personally appeared~ ~ Y ~~Y~ { ~ o knawn t~ ' in and who executed the foregoing instrument and the~r _ acknoyvl- ~ ~ edged e~~~~ executed the same. < ~ ; ~ ~ W, '~~ff 8nd-~an~~ ciai seal in the County and State last afaresaid this 3rd day of - ~ ~ p ,A.D.;'~ 82 . ~ ~ ~ r F s ~i y. ~i," uL ; i I j<;-_ ` NOtal'~ b~IC ~ `r ~ IIK~ miSSlO(1 Ex~~Y PUZI~C STATE Of FLC~IDA At IARGE ~ 4~014-091F7Nb11 800KtJVe7 P6(iE ~c71 ~ ~;,r cc~~;,,,s>>ov E~it~s :urr~ io 1905 } . . 30t.Dt~ (HRl? GENER.AL INS, Ut~EAWRiiEi~ - _ -