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HomeMy WebLinkAbout0775 . OIRECT HOME IMPROVEMENT M RTGAGE ~ WITH PUTURE ADVANCE ~JQ O 380~~~ THIS MORTGAGE, m~d~ this 30 day of ~;.5 . A•~•. ~9 -ZL . a~wee^ . VirSinia Hilson _ tMo.~~o.~ a~a Sua' Bauk of St. Lucie County ~M«~~e.~: ~ ~ • lNam~ oi Su~ Bsnk] WITNESSETH, th~t Mon~spor, for s~d in Consideratwn Of th! premKes at~d in orda to secu~t ihi WymNU o1 tht prmtipil snd int~nst o~ ih~ not~ (es herei~attN delinadl, Mortys9or hereby yrsnts, ass~gns tr~nsfers and mwtsapes to Mortpa0se, its successors snd ~ Lucie { auiyns forwer. tM (ollowiny dsscnbed rsal propertY in . $t• Cou~ty. Fbrids, to wit: ~ feet of the West 234 feet of the ~ 2he South 95 feet of Ehe North 475 feet of the Bast 194 southwest One=Quarter of the &outh~?est One-Quarter of the NortM+est One-Quarter of Section 19, Tawnship 35 South, Range 40 8nst, Less and exceptinq therefres all riqhts of vay for public roads and drainaqe canals. From the SW Corner of the NW ~ of Section 19, To~wnship 35 South, Ranqe 40 Bast run Sast 40 w feet to the Bast right of way line of Jenkins ILoad, thence North alonq said rightrof-Way line 0 3o feet to the point o! beginning: from said point of beginning run North 88`37'27" 8ast ~ 237.40 feet to a point, thence North1~55'27" Sast 180.48 feet to a point, thence South ; Z 66°42'27" ~Test 53.10 feet to a point, thence Nc+rth 86~47a57" Sast 194 feet to a point on the i ~ East riqht-of-way line of Jenkins RoaB, thence South along said right-of-++ay line 161.11 ~ feet to the point of beqinning. o ~T. lUC1E C~RFIA. " ~ IN PAYYEt1T OF TA1fEi ~.STAT~ ~F FLO R{ D A~ c~Ea°~caciRCVi~ount o~ oM a++ss ~c iKr~ie~ ~~m~ P~o'~n. ~ OCUMEN~ARY,~=':y~STAMP TA3' ~ 4~~~'~«[~ yERIf1Et1 PURSlY1MT TO GUP~ER 11-134. 11CTS OF ~ `y ~EP7. OF REVENUE . ~ ~R~ • z ~ , ~ ~LE~K ~1~INt ~ ~t - p& - " , ~Qn~ - ~ N= = xT ~ 2 2. 2 0~ Oct I i~ i~H'17 n. n' ~ ~ 11102 \ ~ a,~ 4 f ~ (hereinafter refened to ss the Mortgaged Propertyl; sod the Mortyapo~ cloes hereby fully wa?ra~t tfie titfe to the Nlwtgaged Property ! y and will defend the sams against the Iswful claims of all persons whomsosrer. • i c Virginia Hilson , tne ~e~t:1 oi ~n.t S PROVIDE~ ALWAYS, thet if z [Insert Nemels)1 w ~ oertain prwniuo~y note deted the date hereof (the Notel. ha_r ~;n, Ie~ai repres~utives or assigrK shall psy to Mortgagee " ths principal wm of S~~ ~ 709. 6~ as evidenced by the Note, with interest and upw~ the terms as provided therein, the firpl ! 0 ~ ' w maturity dste of the Note and of this Mortgsge being 9-~ , 19 , wnich Note provides that ~ atl installments of principal and interest are payable at the office of Mortgayee, or st such other plaoe as the hotder may designate in f N writing, and that aech maker and endorser apree to pay all oosts of cdlection, indudug a ro0sonabk attorney's fee, ~pon deiautt in the psyment of the Note, and thst if def8ult be msde in the payment oi any instalMnent thneuMe? and that if wch deiwlt is not msde good in accordance with the terms of the Note, thst the entire principsl sum and aocrued, prned interest s1a11 bxome due and payabfe without nctice at the option of the holder thaeof; end shall perform and comply with md+ and erery ~ipulation, agreement and cov- enant of tAe Note aM of this Mortgage, then this Mortyage and the estate hereby cnated shall be wid, otherwise the same sha11 rema+n in full force. Msker covensnts to pay the interest and principsl promptly when due. MortgaQor cowena~is to pay tMe taxes and asseu- ments on said Property: to carry inwra~ce sgairat f're on the building on said land fw not las than S n/A . aPPro~ed by the Mortyapee, with standard mortgage bss dause psyable to Mortgagee, the policy to be held by the Mortgagee and to keep the , building on said land in proper ~epair. ; This Mortgage shall secure not only existing indebtedness, but also such iuture advanca, whether wch advanoes are obligatory or ; to be made st tf?e option of Mortgagee, or otherwise, ss are made within twenty (20) ye~rs from the dste hereof, to t~ie same extent as f ~ if wch future advances were made on the date of the exewtan of this Mortgage, but wch seourod "a~debtedness shatl not exceed at any ` } ri . m w time the maximum principal art?ount of s A~8 plus interat, and any disbursements n+ade tor the payment j p of taxa, levies, or i~surance, on the Mortgsgsd Property, with interest on wch dabursert~ants. Any wch (uture advances, whether ~ d oblgatory 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 ~ Q }v,~ any other ~otes sewred by tha Mortgage. This Mortgage is givm for the specific purpose of sewrirg any and a11 indet~tedness by the ; ,a„ ~ Maker to Mort9agee (but in no event shall the secured indebtedness exceed at any tine the maxinwm principal airwunt set forth in this t ~ paragraph) ~ whatever manner tha indebtedneu may be evidenced or represented, uMil tha Mortgage a satisfied ot record. A11 cove- a „ nants and agreements contained i~ this Nlortgage shall be applicabk to all further adva~ces made by Mo.tgagee to Maker under tha a y~ future advanee clsuse_ - ~ w r z ap Should any of the above covenants be broken then the Note and all m~,r~eys sewred hereby shall, without demand, if the w Mortgagee, so ekct, at once becorne due and payable and this mortgage may be foredosed, and all coscs and expenses of collection and ~ p reasonable attorneys' tees, including costs, ezpcnsa and rqs~nable sttorneyi tees on sppeal, if coikcted by kgal p?oceedings or F ~ through an attorney at Isw, shall be paid by the Maker, a~d the same arc hereby secured. ~ Z 0 • IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date f~rst above set forth. v~ • W ~ { Si9ned. sealed ar?d delivered in our e: / , (SEAI) _ , ' Virgi Hil~i'~O`~ k ~ (SEAL) j (Mortgago.) ~ ~ STATE OF Florida ~ : , COUNTY OF St. Lucie ) ,``,``~~til~u~~i, r ~ ~ :~A • ~ : _ ~ ~ 1 HEREBY CERTIFY, that on this dsy, before me, a(1' 'dMly auiMnr~1~7n the Sate sfo~asd and ~ thc County aforessid V1 ~lb1l?. J. to me kiwwn to be ihe Persfln described to take acknowled9ments, personslly appeared ~,t. c . '~~a • . _ ' in and who executed the fore9oing ~nstrument a ietore me thst Sht'' executed the sarne. { , - - t WITNESS my hand and otficiat seal in the County iAii of Se . A.~., 19 ~L . ~ ' ..'r: ~ , i;f _ ; ~1. ' T ~ M~i i~ion Expires: Q Mar~tlr r.zi rr- ~ n~xx , P, ~ 4601~-0047 RMr 6M ~2~ - ~ ~ ~~I ~ ~ 1iQ'' ~iYr415 • ~ , . ; . E,.a.o.. n.. 1 ~ - ~~P~~~M• ~ ~ _