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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
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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±
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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.~ ~
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(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
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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. ~
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Signed, sealed and aelivered
- in aur pre . ~ ~ -
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~ ~ - ~~aort9a r - ~SEAL) ~
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m ~ ~Z za-~--- ~~y ~ ;
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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~
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