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Home My WebLink About0618 DIRECT HOME IMPROVEMENT MORTGAGE `'`~j 1~~~ j ~r / SYITH FUTURE AOVANCE THfS MORTGAGE, made th~s 3rd day ol ~TdAUdY'_y__ , q.p., ig ?8 between ~ _ Jimmy L. Mosley and Becky A. Mosley, his _wife_ ,~,o„y,~,? ~,x, Sun Ban o St Luc~e County - Ihlo~ty.~geel. (IVame01 Sun Bank] WITNESSETH, that Mortgayor, for and ~n cons~derat~on of tt~e prem~se, and ~o o~der to srcure the payment ot thr p~~nc~pat a~x1 ~nterest on the note tas here~naher dei~nedl, hlo~tyayor he~ebY 9~ams, azs~yns tra~~sters a~d mor[gayes to Mo~tyayee, ~ts successors arxf ass~gns lorever, the fotlow~ng desuebecf ~eai p~up~~:ty ~n St LuC~e County, FtarKSa, io ~v~t: Indian River Estates, Unit 1, Block 3, Lots 19 and 20. Plat recorded in Pl~t B9ok 10, page 43 of the Public REcords of St. Lucie County, Fla. _ ~ / • . Aeceived A--~.,,.,;~ M Payment Of Tazes - Q - - - - Ow On Class "C' NMMpbI~ ~+~o~IPI'oPwi1?. ~ i.-, ~ M~rw~K To Ch~p1~r 71• ti4r M~s lf~t. - ~ ~TAT ~F F~`"'a ~ ~ - ~ ~OCUiJtiENTAR`.' ST~.M?' ? ~ AO~A u- ~n F ~'tYtVUt~,/'~~itT?~ ~ ~~~K~~ JiN t l' t~ ~ V. ~ _ ^.~~~~~~~a~~r~'~~ 0 O O ~ ~ ~e. - I A AM ~1 ; ~ ~~~l1 CIC ~f~`~I~~~V ~'i~ . = ~rj•,^.E.~ p, ~~TR~~ F f;.:.r:Jii ;.t;.~ _ , :,r~ ` 39t)305 ~ ~ ~ ~ I!~ so 4N '1F ~ ` ~here~nafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the t+tle to the Mortgageci Property - arxi w~il defend the same aga~nst the Iawfui cla~ms ot ail persons whomsoever. ~ PROVIDED AIWAYS, that if J11M1y I+. & Beeky A. MOSZ@y the Maker(s) of that [Insert Namelsll certain promissory note dated the date hereof (the Note1, thelr he~rs, legal representat~ves or au~gns shatt pay to Mortgagee the prinupal sum of S 3925 . 2~' as ewdenced by the Note, w~th ~nterest and upon the terms as prov~ded there~n, the ~~na~ _ maturity date of the Note and of this Mortgage be~ng January l.l ~g 83 , wh~ch Note provides that all mstallments of pnnc~pal and mterest are payabie at the affice of Mortga9ee, or at such other place as the hotder may des~gnate m - wrrting, and that eatfi maker and e~dorser agree to pay all costs oE collect~on, mtlud~ng a reasonable attorney's fee, upon default in the payment ot the Note, and that if deiauit be made in the payment oi any installment thereunder and that ~f wch deSauit ~s not macie f good ~n accordance with the terms ot the Note, that the enhre pr~nc~pal wm and accrued, earned mterest shaU become due and payab~e r w~thout not~ce at the option of the holder thereof; arxl shall periorm and compiy vnth eath ~nd every siipulation, agreement ancl cov- t enant of the Note and of th~s Mortgage, then this Mortgage and the estate hereby created shail be void, otherw~se the same shail rema+n E ~n tull force. Maker covenants to pay the i~terest and prinupal promptly when due. Mortgagor covenants to pay the tazes and assess- : ments on zaid property; to carry ~nsurance against f~re on the bu~ld~ng on sa~d land tor not less than s 3925 . ZO ,approved ~ by the Mortgagee, wlth standard mortgage loss ciause payabte to Mortgagee, the policy to tre hetd by the Mmtgagee and to keep the bu~lding on sa~d iarxl m proper ~epair. ' - i Th~s Mortgage shall secure ~ot oNy ezistmg mde6tedness, but atso wch future acivances, whether wch advances are obl~gatory or ~ to be made at the option of Mortgagee, or othe: w~se, as are made w~th~n twenty (20) years from rhe date hereot, to the same eztent as ; ~ ~f wch tuture advances were made on the date of the ezecution of this Mortgage, but such secu+ed ~ndebtedness shall not exceecl at any : 3925.20 ~ _ t~me ihe maximum prinupal amount ot S plus mterest, and any d~sbursements made tor ihe payment ; of taxes, lev~es, or msurance, on the Mortgaged Property, wrth interest on wch d~sbursements. Any such future advances, whether v obl~gatory or to be made at the option of the Mortgagee, or otherwise, may be made e~ther pr~or to or after the due date o( :he Note or ~ y y ya gag g sp p pose of secunng any arxl au ~ndebtedness by the az an other notes sewred b thiz MQrt ge. Th~s Mort e~s ~ven for the eaf~c ur a Maker to Mortgagee (but ~n no event shall the secured ~ndebtedneis exceed at any t~me ihe rnax~mum pnnc~pal amount set forth ~n th~s ~3 paragraph) in whatever manner this ~ndebtedness may be ev~denced or represented, unnl th~z Mortgage ~s sat~s6~ed of record. A11 cove- ~ 1 nants and agrvements conta~ned in th~s Mortgage shall be appl~cab~e to all further advances made by Mortgagee to Maker under th~s E m - future advance cfause. ~ ~ 1- ~ Should any of the above covenants t~e broken then the iVote and a1l moneys secured hereby shall, wrthout demand, ihe Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and alt costs and expenses oF coilect~on and - - reasonable attorneys' tees, +ndud~ng costs, expenses and reasonable attarneys" f~s on appeal, ~f collected by legal proceedmgs or : " through an attorney at law, shall be paid by the Maker, and the same are tiereby secured. i _ ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as of the date f~rst ~ove set forth. ,y~ _ ' - . ~ S~9ned, sealed and de~rvered ~ ~ , i ~n ou~ sence: ' q • . / ~ ~ - ~ ~ - / ~ ` _ ISEAL) i (Mortg r) .~Y y~~ _ ~ r t t ~ J -r _ l~i~~ (SEAL) - (~~OfigdgOf) Y STATE OF florida ? _ ? ~3 COUPlTY O~ S t Lucie ~ 1 HEREBY CEfiTIFY, that o~ th~s day, before me, an oft~cer duly authorrzeq jcl ~e State aforesa~d a~d ~n the County atoresa~d to take acknowledgmenis, pe~sonally appPared'lII~IRy L. & Beek~ ~~::.~i~s~~e known ro be theipe~sondescribed _ ~n and who executed the forego~ng ~nstrument and have ~~k~p{,Y`~g~ ~~re'me ~h~t they executed the same. , ~ ` . i W1T~1E5S my hand and off~ual seal ~n the County and State last afpre~~d ifiK • nay of i A.D_, 79/ if t~'' _ . ~ Notary Ptiblio~~y p(~d(~' ~ ~ _ U~ ~ , OI'• RORtDA AT U~ ~(n~j My Comm~s2~n IR~ES APR 23, 1478 - '~f1t~~W !'nL~ ~~V ~~ULNC N~UleHt! UNpE~W~RA! d 6014 0V0 7 R?-r 6!77 r::.