Loading...
HomeMy WebLinkAbout0620 viRECT NOME IMPROVEMENT MORTGAGE ~l~r •,~1~~! ~ ~ / ~YlTH FUTURE ADVANCE THIS MORTGAGE. made th~s ---9~---_-_. day ot _ --3~~~~- - _ _ , A O . 79 , be~wrrn ~ _ Marvin Benng~~~c_.~TSll.i~3~'~~~---------- - ~Mo~i9ayo~? and Sur~ Bank of St. Lucie Count~__ ~h~o~~~~r~e); ?Name ol Sun gankj WITNESSETN, that hlongayor, io~ a~xi ~n cons,de~at~un oi ihe piem~ses and ~n o~de~ to arture 11ie payment ot ~he pnnc~pal ancl ~nterest on the note (as here~na~ter def~necf?, Mor[yayor her~~y y~ants, assegns tra~~sfers ane~ mo~tgayes to Moityagee, rts successorsa~xl ass~gns forever, the tollow~ng descr~ed real propr~ty ~n Coumy, FtoiKla, to w~t: Lot 18, Block 2 of BLAKELEY SUBDIVISION according to Che plat thereof recorded in Plat Aook 10 at page 50 of the Public RE-corc~s of St. Lucie County, Florida. ~ This is a second mortgage. • _ 9~ ~~~QbE-~~j~ ,ii~ ~i i Received ~ - ~ ~~t Of Taxy r . r, rF a Y d i~Ta A~ Dw On ChN ~i~ F~rsonsl ~y _ ~ l:' ~'~ii y~'JL' p,,~,~~~. ~~~7j . nl . - ~~~rn..~ •vw~wRTO~i~»~~~V~ ~71• ? IIDOrt NOIT1111f ~ _ c~~' 11 !~J st dH'7~ c+.~c~~.~.cror.,.o...f+.. ~T~TE ~ -~~-~rtr~~,.--~~'~~. ~ 3~N~~f ~ +l:):.:1lr1 f NTA~`l.,; ~ T:~ T~~ f' ° ~ { .t=?~ ~~YC'iUF,.~ _ ~ . _ < 0 9. 3 0 ~ • - .:,r.f,•~e 1 =tPtg ` (here~nafter referred to as the Mortgaged Propertyl; ancl the Mor~gagor does hereby tu~ly warrant the t~t~e to the hlortga9ecl Property and w~N defend ihe same agamst the lawiui cla~ms of all persons whomsoever. PROVIOED ALWAYS, that rf rT~~lh Ben-nett & Julia Parris , the Maker(s) of that ' (Insert Name(s)I certam prpm~ssory note dated the date hereof (tAe Notei, their he~rs, legal rep~esentai+ves or ass~gns shall pay to W~or~gac~e , the pr~nc~pai sum of $ 6~87• 4~s ev~denced by the Note, wrih ~nterest arxl upon the ierms as prov~ded there~n, the f~nai matur~ty date of the Note and of th~s Mortgage be~ng 1-1).-SS , 19 , wh,ch Note prowdes that ~ , alt mstaliments oi pr~nc~pal and interest are payable at the of(~ce of Mortgagee, o~ at wch other ptace as the holder may des~gnate ~n ~ wr m~g, and that each maker and endorser agree to pay alt costs of coilection, ~nclud~ng a reasonable attorney's ~ee, upon default m the payment of the iVote, and that ~f default be made ~n the payment oi any Installment thereunder and that it such detautt ~s not made good m accordance wrth the terms o( the Note, that the ent~re pnnclpat wm and accrued, earned mterest shall become due arxi payable wrthout not~ce at ihe option oi .he hoider thereof; and shall pe•torm and comply wrth each and every st~pulat~on, agreement anci cor•- enant of the Note and o( th~s Mortgaqe, then ih~s Mortgage and the esiate hereby ueated shall be void, otherwise the same shall remam ; . :n futl torce. Maker covenants to pay the interest and pnncipai promptty when due. Mortgagor covenanR ro pay the taxes and assess- ments on sa~d property; to carry msurance against Gre on the bu~id~ng on sa~d land tor not less than S , approvecl by the S1Aortgagee, w~th standard mortgage loss clause payable to Mortgagee, the pol~cy to be heid by the Mortq:x~ee and to keep the bu~ld~ng on said land +n proper repair. ~ \ Th~s Mortgage shall secure not only ex~sung ~ndebteclness, but aiso wch future acfvances, whether such acivances a:e ob!~garory or to be made at the opt,on of Mortgagee, or otherw~se, as are made w~th~n twenty (20) years (rom the date hereof, to the same ex[ent as . rf s~~h tuture advances were made on the date ot the ezecut~on of th~s Mortgage, but such securecf ,ndehteciness shali not exceed at any _ - L! t~me the max~mum pnnc~pa! amount oi 5- plus ~nteresi, and any d~zbursements made for the payment _ of taxes, lev~es, or msurance, on the Mortgageci Property, w~th ~nterest on wch d~sbursements. Any such future advancez, whether _,,.t \,f obigatory or to be made at the opt~on of the Mortgagea, or otherwise, may be made e~ther pr~or to or after the due date oi the Note or - • ~ any othe~ notes secured by this Mortgage. Th~s Mortgage ~s g~ven for the specrf~c purpose of secunng any and all ~ndebtedness by the - hlaker to Morigagee (but in no event shall the secured mdebterlnes5 ez~eeci at any time t1~e max~mum pnrtc~pat amount set forth en this ' paragraph) ,n whatever manner th~s ~ndebtedness may t~e ev~denced or represented, unul th~s Mortgage ~s sat~sf~ed of record. Ail cove- f. L,,~{ ~ nants and agr~ments conta~ned ~n th~s Mortgage shall be appticable to all furthe: advancef made by Mortgagee to Maker under thls ~ future advance clause. ~ ~ . ~ Should any oi ihe above covenants be broken then the Note and all moneys securecf hereby shait, w+thout demarxi, ~t the •,j Mortgagee, so etect, at once become due and payabie and 1h~s mortgage may be forectased, and all costs and ezpenses of ~oilecr,on and ~ tiF ~eason~le attorneys' fees, ~ncluA~ng costs, expensez and reasonable attorneys' ~ees on appeat, ~f colieued by tegal p;oceecf~ngs ar through an atrorney at law, shail be pa~d by the Maker, and the same are hereby secured. I ~ t,. IN WITNESS WHEREOF, the Mo~tga9or hdS Pxecuted th~z Mortgaye as of ,he date f~rst at~ove set forth. _ . . Sgned,-seaied and de~wered in Our prB ~@: " `r°~__" ~ l~(~ / C?'~~~~~?zs/c!"" iSEAU , ; (hlor c a~or~ - ~ , j ` ~t ~ ~ i` ~ - ~-~~~~~1~ IS~ALI , Ihlortuayor? STATEOF Florida ? • Lucie ~ COUN7Y O~• ~ _ I HEREBY CERTIFY, that on th~s day, before me, an oft,cer duly aV{~q~ ~zed m the Ssate aforesa~d ~nd m the County a~oresa~d to take acknow~edgments, personally oppPar~ Marvin Bennett ~t ~~a4a Par~a~e known to be The person de>cnbed ` a, . . . . . . s ~ . ~n and who executed the forego~ng ~ns!rument and they f .•'ack~ow~edgecYbetore me rhat thev executed the same. WITNESS my hand and ofi~c~a~ seal ~n ?he County and State lasi ~O~ ~d this r~}}___._ c~ay of . A.D., t9 __7~-- . ` ~ . ~ _ ~ 1 ~ ~ ~~.c ~ ~ - ~ `E. L~ , ' ~ ~tp•Y P~1~ = ' . $u* ~ My Comq~~ss~on Exppes: : - 1v'~,*~'•°~~~ , ";i •T ' ~ \a` i 4 6014-000-7 Rw 6/77 ' ~t° ~ ~~'y~ '.•~i•~•)' . - E.rcutne ~.na _ jil~'~~~{ ~j'~ ~ `L k ~ V .