HomeMy WebLinkAbout0744 o~RECT HOME 11Ni?ROVEMENT MORT+~AGE ~~~p36 / '
WITH FUTURE AOVANCE ~
THIS MORTGAGE, msd~ t~~s l~h d~y oi Novea~ber A.O., 19 77 , betv~eo
~ Millie Nay COplit~ ~ka KiL
i~~x Kel y lMo~~paocul aM
Sun BaNc o! St. Lucie County ~
~Namtof Sun Bs~k~ f
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WITNESSETH. thst Monysgo~, (or snd ~e iOnSdfrilW~ O~ thb pflTislt ind M O~dO~ t0 9aCYrf thf piyafMt O~ th! prmtipil ifld
i~terKt On tM nOt! lsf hNfinallM delined), Mortpayo~ her~by p~st+ts, itsiqns trinste~f and mo~tyayes to MOrt~apse, ils suCCessOrs ~n~; j
assi~ns tprsver. the tpllowing dsscribed rtal prope~tY S~. 1.LB CountY. Fbrds, to vrit: #
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Lots 25 and 26, Block 1, of Killer's Addition to Lincoln i
Park, a subdivision accordinq to the Plat thereof recorded
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in Plat Book 7 at paqe 32 of the Public REcords of St. Lucie ;
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F~ County, Fla. T-his is a First lRortgaqe. Recw~sd s ' N~ ~Nnt Of 1~ ~
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a ~ . q~-•,~an~ Tn Chapter 71.1~ wOM a ~
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= ENTARY.s.° STAMP T!`. ~tfRK CIIbCtttt ~Ot1RT
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,~i, . (t~erei~afte~ referred to as the Mortgaged Propercyl; and the Mongayor doa hereby fully warrant the title to the Mwtgaged Propcrty i
> a~d wifl defend the same agairtst the tawful claims oi all persons wt~omsoerer.
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F PROVIDED ALWAYS, ihst if Wi 17 ? e May coF in a]~ Will i_ N1av K_71 y , t~ ~a(s1 af tAat q
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j certain promiuo~y note dated tAe date he?eof (the Note), .1]E~X heirs, legal representatives or assgrts shall pay to Mortgagee ?
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p~ ' che principat wm of S 12 ~~~~-8O as evidenced by the `bte, with interest and upon the [erms as provided therein, the tinal ~
w maturitv date of the 11~ote and of this Mort 10-21-87 ~
F 9a9e bein4 , 19 , which Note provides that ~
Q all instalknents of principal and interest are payable at the office of Mortgagee, or at such other ptace as the holder may desig~ate in ~
~ writirg, and that each maker and enciorser agree to pay all costs of calection, induding a reasonabk attorney's fee, upon default in the
payme~[ of tAe Note, u~d that ii de(ault be made in the payment of any insWllment thereunder and that if such default is ~ot matle
gooci in aecordanca with tAe terms of the Note, that the entire principa! sum and accrued, earned interest shall become due and payable ;
without notice at the option of the holde. thereot; a~d shalt pe?form and comply with ead~ a~d every stipulation, agreement and cov-
enant of the Note and of this Mortgage, then this Mortgag~ and the estate hereby creaced s1+a11 be vo;d, otherNrise t!~e same s1w11 remaio
in tuU force_ Maka ewerwnts to pay ihe interest and principal pranptly wl~en due_ Mortgagor covenants to pay the tazes and assesz-
ments on said property; to carry inwrarice sgainst fire on the building o~ said la~d for ~ot leu than S , approved
by the Mo?tgagee, with stardard mortgage foss dause payable to Mortgagee, the pol~y to be hekf by the Mortga9ee and to keep the
buildirg on said land in praper repair_ _ ~
This Mort9age shal( secure not only existing irxfebtedness, but a~so sucA future advances, whether such advances are obliga[ory or ~
[o be made ae the optiw~ of Monyage~e, or otherwise, as are made w~thin twenty (20) Yesrs irom the date hereof, to tne same excenc as ;
if wch future advances were made o~ the date oi the execution of this Mort9age, but wch seaired indebted~ess shall not exceed at any '
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m ~ t~rt+e the maximum principal amosint of S plus interest, aod any disbursements made fo~ :he payment
0 ot taxes, levies', or inwrance, on tNe Martgaged Property, with irtte.est or~ wch disbursements. Any such iuture advances, whether
Q obligatory or to l~e made at the option of the Mortgagee, or otherw~se, may be made either prior to or after the dae date ~i ihe Note or
a ~ any other nota aecured by this Mortgage. This IUortgage is giren tor the spxific purpose of securing any and all indxbtedness by the
w Malcer to Mortgagee (but i~ no erent shalt the seoured 'u~debtedness exceed at any time tne maacimum principal amount set tonh in this
a • Psra9?2phl in whatever manner this indebted~ess may be evodenced or represented, until this Mortgage is satisiied of record. A!t cove-
Q a' nants and agreeme~ts contained in this Mortgage sha11 be ~plicable to al! further advances made by Mortgagee to Maker under th~ ~
~ • fuWreadvantettause. _
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Z Should any oi the above carenants be broke~ then the Note and all moneys secured hereby shatt, w;thout demand, if the ~
w Mortgagee, so elect, at o~ce becorne due a~d payable and this mort
~ ~ gage may br foredosed, and all costs and expenses oi cotlection a~d
> >C reasonable attorneys' tees, ~ncluding costs, expenses and reasonable attorneys' fees on appeal, ;f rnf:ecied by legal proceedings or ~
N~ ~ through an attorney st law, shall be paid by the (1Raker, and the same are hereby secured.
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py IN WITNESS WHEREOF, the Mortgagor has exetuted ihis Mortgage as of tAe date (irzt above set forth_ ~
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F- ! Sgn~d
, seakd and dNrvered
' ~n o p1esence:
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(SEAl) 4
. IMortgag r)
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(SEAL?
(ldortgagor)
STATE OF p'lOr~dd ~ ~
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COUNTY OF St. L\3C1@ ~ v t r. A~..
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_ I HEREBY CERTIFY, that on this day, before me, oft~et'duly a~ltb6f~~ed in the~State atoresa~d and in the County aforesaid ~
to take acknowled9ments, perso~ally appeared ~j~~.~~~ ~"~+:•T1 . to me known to be the person descrlbed ,
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in and wh~ ezewted che foregoing mstrument and = ~ s~know0edi~ed before me thar she ezeouted ihe same. '
WITNESS my hand and offKial seaf m the County ~jd Sqta t idifjis~~-~ ~
n~_ of ~ti.-~.. ~
A.o., ~s . - - . C. ~f'' . i
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ntoi~:r F .
0 ~ My Corr+miscio~+ Expwes:
C-6014-000-7 Rw 8/77 ~ ~ ~C ~?",~TF 7' c ; n- , ~ .
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MY CC]awKS:~s~; E.:P:; 7 I~ ~
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