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HomeMy WebLinkAbout0709 DIRECT HOME IMPROVEMENT MORTGAGE ~~~t~8 WITH FUTURE ADVANCE THIS MORTGAGE, made th~s 2~- _ day ot . A.D., /9 , between ' Aaron _ Gra anA Vinta lMor~gaqorl and j ~ en ltaa-Gx~aa,--3~#~ w~~e- , Sun Bank of St. Lucie Co~tv ~Mo«~ee1: ' (Name of Sun 8ank) ~ WITNESSETH, thst Mortqagor, for snd ~n cons~derat~o~ OI the premises and m order to securt the payment ol the pr~ncipai and ~nterest on tAe nott (as hert~nafter detmedl, Mortgago~ hereby qrsnts, au~y~s trans(ers and mwtps~es to Mortgaqee, ~ts wccessors and . ~ au~9r?s forsver, the foUow~np descnbed real property ~n St. L-+~rje County, Fbrda, to w~t: i i ; Lot l, Block 3, GREEN ACRES SUBDIVISION, as per plat thereof filed in i } ~ Plat Book 16, at Page 10 of the Public Records of St. Lucie County, ~ Florida. Sub~ect to the restrictions and easements of Record. f w ! z ~ ~ 1 Q ~ ~ z f } ~ h ~ c o R~i~~,~, _ C~ ~ o sr- `o~~~p~p TRAS ~ RECEIYED J_ IN PAYMEMT OF Tlll(fS ~ ~ L{ZCV1T C~V~7 DUE O~i Cl~SS 'C' I~~r~li~l9lE PEP~NAL PROPERIY~ T C.•'s~x. r~Epr••~"" ppRSl1.~N( 10 C:=;' /1•13f, ACTS Of 191 . V . . F ~ a u kU~E.'. PCIiRAC Q t~~ 4(~1 P~'1 CIERf( CIRCUIT COJRf. ST. LAN:IE , w o~ ~ Q ~ ~ ~ a i ~ ~ VL/~/s+~+ c ~ Q -a~ ~n ~r2! N (hereinafter reterred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warra~t the t~tle to the Mortgaged Property Y ~ ~ and wiil detend the same against the tawtul claims oi all persons whomsocver. ~ ~r-j ft~ Q ;~v~ PROVIOEO ALWAYS, that if Aaron A Green And Vinl g Mae.~reen , the Makerls) of that z (Inse?t Namelsl) w j~ • ~i ~ certain prorn~sso~y note dated the date hereof (the Notel,~°{~- ~~rs, legal representatives or ass~gns shatl pay to Mortgagce 7 i ' \r. p ~ the principal wm of ~689. 84 as evidenced by the Note, with interest and upon the terms as provided there~n, the tinal ~ . ~ 1; ~ r Q~j ti maturity date ot the Note and ot this Mortgage being Nov 6 , 1g $Q- , which No[e prov~des that ~ '~r-'~ ~ all installments of prmcipal and interest are payable at the office ot Mortgagee, or ai wch other place ss the holder may des~gnate in f ~ ZI> w.iting, and that each maker and endorser agree to pay all costs oi collection, includer?g a reasonabte attorney's tee, upon detault in the " !~'~~x ~ payme~t of the Note, and tAat if default be made in the payment of any installment thereurder and that if wch default is not made I~~1 good in accordance with the terms ot the Note, that the entire principal wm and accrued, earned ipterest shall become due a~d payable n~~fl ! ai ~ without notice at the option ot the holder thereot; and shall periorm and comply with exh and every st~pulatan, agreement and cov- '~r~Q!a enant of the Note and of this Mwtgage, then this Mongage and the estate hereby created shall be void, otherwise the rame shall remain ~U1J~a:1~~T~;'~;~ in full force. Make~ covenants to pay the interest and prirtcipal promptly when due. Mortgagor covenants io pay the taxes and assesz- ~ ` t~! O me^ts on said property; to carry inwrance against fire on the building on sad land for not less than s n/s~ , approved by the Mortgagee, v~nth standard mortga9e foss clause payabte to Mortga~ee, the policy to be held by the Mortgagee and to keep the ' bu~tdirg on said land in proper repair. I This Mortgage shall secure not only ex~sting indebtedness, but also wch future advances, whether wch advances are oblgatory or ~ ~ to be made at the option of Mortgagee, or otherw~se, as are made w~thin twenty (201 years from the date hereot, to the same excent as ~ E if wch tuture advances were made on the date of the execution of this Mortgage, but wch secured indebtedrxss shall not exceed at any ~ f ; VI{ time the max~rtwm princ~pal amount oi S- nl?~ p~us interest, and any disburseme~ts made tor the payment ~ E` ~ ~+1 of taxes, levles, or i~sura~ce, on the NSortgaged Prope?ty, with interest on wch disburseme~ts. Any wch tuture advances, whether ` ~ a j o b l g a t o r y o r t o b e m a d e a t t h e o p t i o n o f t h e M o rt g a g e e, o r o t h e r w i s e, m a y b e m a d e ei th e r pr i or t o or ai t er the due date ot the Note or c P~+ any other notes secu~ed by thK Mortgage. This Mortgage is g~ven for the spec~flc purpose of secunng any and aN ~ndebtedness by the ~ ~ii W~ Maker to Mortga9ee (but m no event shall the secured indebtedness exceed at any time the max~mum principal amount set forth m th~s ~ ~ O~ paragraph) in whatever manner th~s indebtedness may be evidenced or represented, until th~s Mortgage is satisfied o( recotd. Att cove- ~ ~'j' nants and agreements contamed m th~s Mortgage shall be appl~cable to all further advacxes made by Mortgagee to Maker under thK ~ ~ ~ future advance clause. _ ~ ~ ~ z ~ Should a~y of the above covenants be broken then the Note a~d all moneys secured hereby shalt, w~tfiout derreand, ~f the ~ Mortgagee, so elect, at once bernme due and payable and ihis mortgage may be foreclosed, and all costs and expenses of collect~on and ~ x . ~ 0 reasonable attorneyi fees, ~nclud~ng costs, expenses and reasonable attorneyi (ees on appeal, ~f collected by legal proceedings or ~ through a~ attorney at law, shall be pa~d by the Maker, and the same are hereby secure.d. ~ ~ ? O - IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as oi the date t~rst above set forth. p,a . ~ ~ ! Sgned, aled and del~vered - : ~n our esence: ~ . ~ ~ ~ • `~~~~-~i/Yl ~ ~i~-/~~i~f (SEAL) ~ L Aar n A. Gre o~l~o~~ ~ ~ . ~ Ci~_-~-~-- '~G ~,.~{}~Gl~ - c~'J~ (SEAI) ~ Viola Mae Gr~~ft"~O`~ ~ ~ ~ STATE OF Florida t ~ P , ~ COUNTY OF $t. Lucie ~ ~ ~'~~~~t~':~ t ~ ~ . ~ ~ - I HEREBY CERTtFY, that on th~s day, before me, an ofhcer duly autZw?i~.in"ct~e St~FYforesa~d and m ~he County atoresaid to take acknowled9ments, personally appeared Aaron A. SIId Q~~l~•Ma~~ ~'~~~n to be ti~e person descnbed ~ m a~d who execuced the foregomg ~nstrumenc and thp;C_ acki~ofirledged betore ml.liial! ' executed the same. ~ , r ~ ~ ~ WITNESS my hand arnf oitK~al seal ~n the CouMy and Sw last o ~his ' . y ot ~OCt , . A.D., 19 ~L . ~ ± 1 ~ ~ ?~o,a.Y P ~~c ~ ~ • f ~ a~~. ~ . _ f ~D~K P~ ~ MY Commiss~r~~ St~~.T (x r-,~ ~ ^ ~ • ~r ( f ~ ~Ol"~IWeli:~~r~r-,.:~: . ~ t~0` ~ d-601t-000-7 RFr 6/77 ~~~ok~ i?-~. ::1.~ :~:r.: ~:s ~ ~ t.K v ~ - _ _r_,,..,-. _ _ : _ . . . _ . _ -