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HomeMy WebLinkAbout0831 ~"~`~~'°~~~T MORTGAGE 3~.,3~ / ~ THtS MORTGAGE, made th~s 15th ~y ol 1~G~P„L , A.O., 19 , betweer~ j ~~~0= IMortgagw) and Suu Bank of St. Lucie Count-y (Namsof Sun Bankj WITNESSETH, that Mo«pspor, (w and tonsKiereuon of the p?em~ses a~d ~n order to secure the payme~t of ihe pr~nc~p~! snd ~aterar on th~ nots Iss hrrnnsiter del~nedl, Mortpagor he~eby grants, au~gns translers ancf matgages to Mo~tpapee, ns successors snd . : assw~ns torwer. the fplbw~ng descrlbed real proPe~ty in St., Ta~r~ig CountV. fbrds, tovwt: Lot 20, Block 149, Unit 11 I.Al~i~100D PARK SUBDIVISION as pez plat thereof on file in P1at Book 11 Paqe 32 A.H,C,D, of the Public Records of St. Lucie County, Florida. ` Recati.a s '~'3 = Ow On Cla~ ~P~son~l a Ta~ ' r. ? ~!p AMO pECpRDEO oursuant To t~ ~ 1~~'/~h• = i~.l{I~?E COUMTY F~~'. AOOHt IIOCER PO~TR~S 'qT~ ~ _ ~ t~ K C:'tCi11S COURT C~MM ~ Q~t. L~IOi~, ~ £ , , "E~ ' ~ ~ . ° OEr 11 i i 3s aN - [ ~ 3~8634 _ . . Ihere,nafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully vrarra~t the t~tte to the Mortgaged P~operty - and w+~l defend the same agamst tAe tawfui claims ot all peroo~s whomsoever. Y PRO~f iDED AIWAYS, that ~f T•~ lll8il W3.AdCOi' , the Makerlsi ot tASt - [Insert Nameisl] • _ aerra+n prorn~ssorY rwte dated the date hereof (the Note), ~eir hews, legal rep~esentatrves or augns s??ail pay to Mort9agee = ch~ pnnupal wm ot S ~ f>~2.$0 as evidenced by the Note, with interest and upon the terms as provded therem, the f~nal _ maau~cy data ot the Notr and of tha Mongape beirx~ JUIIe 16 ~ " , lg , wh,d~ Note prov~des that ~ ~ 31~ u~ualHnenri of prr~c,pa1 and ;ntnest are payable at the oftice ef Mortgagee, or at wch other place as [he holder may desgnate in - wnong, arx! thac each maker and e~dorser agree to pay atf costs of cotkction, i~cluding a reasonabie attorney's tee, upon defauit in the payme??t of the Note, aM tlwt if defeult be made in the payment of eny installment thereunder and that it such default K not made qood ~n aocadance vr~th the terms of the Note, that the entire aru?cipal wm and aocrued, ~rned mterest shall bccome due and payable ~w+chout rauce ac the opcion of the holder thereot; and shall pertorm and comply with exh and every st~pulation, agreement and cov- enar?r of tl~e Note and of [his Mortgaye, then this Mortgage and the estate hereby c~eated shall be void, otheMnse the same sfwll remam ful~ fo.ca Makrr covenants to pay the interest and principal promptly when due. Mortgagor covena~ts to pay the taxes ard assess- n+ents an sard p~oputy: to carry inwrance against fre on the bu~Iding on said land for not less than S , app.oved bv «~o.cgagee, with sta~dard mortgage bss clause payable to Mortgagee, the pol~cy to be held by the Mortgagee and to keep the hwlding on ss~d land m prOper repair. TFns Rbrtqage shalt s~ecure not anty ezisiing i~debtedneu, but also wch future advances, vvhether wch adrances are oblgatory or i= ca t~e made at the optwn of Mortgagee, or otherw~se, as are made wrthin twenty (20) Years irom the date hereoi, to the same eztent as ~f aad~ h?tu?e advances we?e made on the date of ihe execution of this Mortgage, but such secured ~ndebtedneis sha11 not exceed at any _ rune che ma~umum pru~upal amount of S " plus interest, a~d any d~sbursEments made for the payment af taxes. tev~es, or ~nwrance, on the AAortgaged Property, with interest o~ wtb d~sbursements_ Any wch tuture adva~ces, whetAer c~bi~g~ary or ta be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date oi the Note or _ ~ arry ather notes secured by this Mortgage. This Mortgage is given for the spec~fic purpose of secur~rg any and all ~ndebted~ess by the - _ Ntaker co iYortgagee Ibut in ra event shall ihe secw~ed indebiedneu exceed at any time the maximum prx?cipat arrwunt set fonh in this e, P~agraph! m whatever manner tha indebtedness may be evdenced or represented, until this Mortgage a sausf~ed of reco?d. All core- _ ~'e, ~ants and agraments conta~ned ~n this Mortgage shall be applicable to all furlher advances made bv Mortgagee ~o Maker under thia ~ - . future advance clause_ - s ~ . - ~ ShouW any of the above cavenants be b?oken then the Note and all moneys secured hereby sha11, wrthout demand, if the _ y, Ma~tga4ee. so Nec[, at once become due and payable and this mortgage may be toreclosed, and all costs and expenses of co~lect~on and ~essanaple at2orneyi fees, ~nclud~ng costs, expenses and reasonable altorneys fees on appeal, ~f collected by Iegal pr«¢ed,ngs or - ' r?+~ow]h an ar.o?neY at law, shatl be pa,d by the Maker, and the same a~e hereby secured. _ - ~ = IN WITNESS WHEREOF, che Mortgagor has executed this Morigage as of the daie firsi above set forth. - ' ~ - - S.grted. iealed and deirvered m our . . _ (SEAL) _ ~ ~ ~ } (Mortgagorl - '~fLLt-E.~ ~ L~,,.y~.,,Q . ~j (SEALI ~ ~ IMortgagor) . . - - ST~4TE QF Florida 1 St. Lucie ? , . ; . COUNTY OF ) , i = ~ + ~ I HEREBY CERTIFY, that on th~s day, before me, a~ office~,`~futy author~zed.~h the State a(oresad and ~ the County aforesa~d ` co take xk~owleOqments. prsor+ally appeared Li 11 ldjj~ W~ nt~anr to me known to be the person descnbed ~ ~n and who eaecuted the forego~ng ~nstrument and ~ ackr?oMrledged betore me that She executed the same. ~ ~ . WITNES~S~?+y hand and offK~al seal ~n the County and State lact a resa~d.tAis l~ ~ dey ot ~C' . ' A.O.. t9 _ - . ~ _ _ ,c.c, ' .i~,% ; ~ Notary Py,bH . hp My Gomm~sspn Exp~res: _ ~ V ~l ~I~~~_?~if :?fl.'t'~F A71!~~ ~~~T~ ao~279 ~ $30 .-z11~.:~.~ ~ , . a. . e..r-~,~..... liZ:i i~...3_+..