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Home My WebLink About0776 DIRECT HOME IMPROVEMENT MORTGAGE ~ / ~ WITN fUTURE ADVANCE !Z~~~O Wv THIS MORTGAGE, mad~ this 29 day ot Sept , A.O., 19'1L , betwea~ C. B. Grimsle~ and I~g Gri~enl ev hi ~t ~e IMortpspo~l and Sun Bank of St. Iucie County ~~,~o«~ee~: (Namt of Sun Bank1 WITNESSETH, that Mort9spor, fo~ ~nd in Considtr~t~on Of th~ premises end in o~der to secure the payment of th~ Wincipsi and intensc on th~ not~ (as her~~nattK detin~dl. Mortyspor hw~by 9rsnis, assiq~s transfers and matga~es to Mortyapee, its succeuors snd supns fo~, tM followiny desubad rssl propa.ty ie St. LuCie _ County, Fbr~ds, to wit: Lot 25, Block 1, PLAT OF CLYDB 1CILLBRS ADDITION, according to 0~ the Plat thereof, on file in Plat Book 4, page 73, of the ~ ~ Public Records of St. Lucie County, Florida. STATE FLO R 1 D A. ~ ~ W ' oOC____UMENTARY,a;-.-~ .~S1AMP ~nX i ~ DEPT.Of REYENUE ;S • -~z ~ 0 T 0 51 z - _ ~ THIS IS A FIRST M08TGAGB _ = `'~i . - - ~ P.B. '•....+i r ~ Q - 11102 ~ z t9 • O ~ ~ C! ER r I URT a' ~ ~_R3F iN PAttMEIiY OF TA~D a Oct ~I I I~ 1 AN'17 - °u~°" T o~~ ~~~;w s~ i9~~"°i~m'~ W 38U580 c~mc cu~, ~oou.~ u~ m. ~u ~ Q N a ~ Q v~i (hereinafter referred to ss the Mortyaped Propertyl; and the Mortgagor does hereby fully warrant the titk to the Mortgaged Property > snd will defend tM san?e against the lawtul clsims oi atl persoru whomsceve~. ¢ F PROVI~ED ALWAYS, that if ~'--R- •rimal v an.1 ipnn [:={'gl~o , the Maker(s) ot thst z Ilnsart Namels)1 _ w ~ certsin promisswy note dated the date hereof (the Notel, their ~;n, ~~~~atives or assigns shall pay to Mortgagee ~ p the principal wm of s 46~7 _ 60 as evidenced by the Note, with interat and upon the terms as provided therein, the ti~al ° OCt- 6 , 1g 82 , which Note provides that w msturity date of ths Note snd of this Mort9ege being ~ all instalknents oi principal and interest are payable at the ofiice oi Mortgayee, or at such other place as the fiolder may designate in Q N writing, and that e~d~ msker and erdorser apres to pay sll costs of collection, including a reasonable attorney's tee, upon detault in the payment of the Note, snd that if defautt be made in the payment of any i~stallment thereunder and that if wch default is not rnade good i~ aocordance with the tarms of the Note, that the entire principsl sum and aocrued, ~rned interest shall becomedue and payable without notice at the option of tM holder thueot; and shall perform and camply with each and every stipulatio~, agrcement a~d cov- enant of the Note and of this Mortgaye, the~? this Mortga9e snd the estate I~ereby created shetl be wid, othe?wise the same shall remain in full force_ Maker cover~ants to psy the interest and principal prortiptly when due_ Mortgagor covenants to psy the taxes and asess- ments on said Propaty: to carry i~surance spainst fie on the buildi~g on said land fw not less tiw~ S n~8 , aPProved by the Mort~sgee, with stenda?d martgage bu clause payable to Mortgagee, the poliey to be held by the Mortgagee and to keep the buitding on said Isnd in proper repair. j This Mortyape shall sewre not only existing indebtedness, but also such future advances, whether wdi advances are obligatory or I to be made at the option of Mortgagee, or atherwise, as are made within twenty (20) Y~rs from the date hereof, to the same extent as ~ ~ if such future advances were made on the date of the execution ot this Mortgage, but such sewred indebtedness shalt not exceed at any ~ time the mazimum principal amount of s n~a plus interest, and any disbursements made for the payment m ~y of taxes, fevias, or inwrance, o~ the Mortgaped Property, with interest on wch disbursements. A~y wch future advances, whether E 'j' obligatory or to be made at the option of the Mortgayse, or otherwise, may be mede either prar to or after ehe due date ot the Note or Q any other notes sewred by this Mortgage. This Mortgape is ~iven for the specific purpose of securing a~y and all indebtedne~ by the ~ ~ ~ d Maker to Mortyapee (but in ~o evant shall the sewrod indebtedness exceed at any time the maximum principal amount set forth in this ' ~ p. paragraph) in whatever marn+er this indebtedneu may be evidenced or represented, until this Mongage is satisfied of record. All c~i- a Q nants and agreements contsined in this Mortgaye sAall be applicable to all funfier advances made_by Mortgagee to Maker under tliis ~ tuture advance clause. w z Should any of the above carenants be broken then the Note and all moneys secured hereby shall, without demand, if the ~ Mortgsgee, so ekct, at once beoome due and payabk and this mortgage may be foreclosed, and all costs and expenses of collection and • ~ k reasonable attorneys' tees, including cosu, expe~ses and reasonable attorneys' fees on appeal, if colkcted by tegal proceedings or ~ ihrouyh an attorney at law, shall be paid by the Maker, and the same are hereby sewred. :n N ~ IN WITNESS WHEREOF, the Nbrtgagor has executed this Mortgage as of the date tirst above set forth. = a Sgned, sealed and delivered . in o presence: ~ r, ~ (SEAL) ~ C. B. G ey IMort~or (SEAI) ~ ~ ~ r eY (Mor yagor) 9 t STATE OF Florida ~ ~ i I E COUNTY OF St. Iucie 1 ' I HEREBY CERTIFY, that on t"~y, befwe me, an ot(icer duty authorized ir? the Sqte aioresad and in the County atoresaid to teke scknowkdyments, pec~„y~ ap~F~ •B' & Lena Grimsle to me known to be the person d~scribcd u~~~ ~ in and who executed the fqr~r~lhst~~~~n~mjfwp~QR acknowledgnd before me that _~x. executed the ssme. WIT SS my hsnd o~d~~~~ ~m~ G'4WR~~rd State last atoresa" this day $ ~~p A.D., 19 ~ . • ~ : - ~ • ~ ;0 3 " ~ • ~ lt ~ - ~ % Q • ~ ; ~ ~814N. 1 °v~ 1 . ~ :tiy~ , 2 ~ ~ ~ O ~ ~ : ~ ~ Nocuy Pub ~c ~~C`~ ~`,~f ~i~',~,~~~..~,~r~ 'Q:'O~?``~~ CoMrTlissiOnExpi~lf: : . ~ ~ar~ur n,e~K s?~~ a aeuMx ~ p~ a-60ts-0047 Rw sl~j~_~~ ' ''~ik~KMqNk~a~ ~~A ~ ~a~tt~~ocri~ s~ F~ ~