HomeMy WebLinkAbout0370 DIHECT HOME IMPROVEMENT MORTGAGE 392144
WtTFf FUTURE AOVANCE
THIS MORTGAGE, macle ih,s ciay of ~ , A D. 19 , l~etween
Ronald L~~Qford St~getina $~_,~pp~~ Srree~nQ_
his
y~~____ ~~Mo„y,~o,~ a~,a
Sun Bank of St. Lucie Count~r ~nno~~9~?:
INameoi Sun Bankl
WITN~SSETH, that Mortgagor, for anei in to~s~derat~on of the prem~ses.and ~n o~de~ to secure the payment of the pr~nc~pai a~d
~nterest on the note (as here~na~ter def~nedl. Morigayor hereby gra~ts, ass~gns uansiers and mortg.~ges to Mo~tgagee, ~ts iuccessors and
ass~qns forever, the tollow~ng descrbed rral property m LUC~B Coumy, Fbrda, to w~t:
East half of Lot 6 and all of Lot 7, Block 30, SUNIAND GARDENS
.
according to the plat thereof on file in Plat Book 8, Page 32,
of the Public Records of St. Lucie County, Florida
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~~$[il lO1TR~S Pu~su~M TO CAapat 71. 134, A~Ott 011~'11.
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n (hereinatter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgagecl Property
> and wnt detend the same against the lawful cla:ms of all persons whom3oever.
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~ PROVIOED ALWAYS. ~nat ,fRonald Langford Sweeting ~ Jannie L Sweeting . ~he Maker(s) oi that
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~ (Insert Namefs)1
~ ce?tain promissory note dated the date herepf (the IVotei, their~,e„5, legal representatives or au~gns shall pay to Mortgagee
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the pnnc~pal sum of S • as ev~denced by the Note, w~th ~nter~t and upon the termsasprov~ded there~n, the final
maturity date oi the Note and ot this Mortgage being JaII 21 , tg 85 , yrhich Notp prov~des that
~ a!I mstallments of prmcipal and interest are payable at the o(tice of Mortgagee, or at wch other place as the hoWer may des~gnate i~
n wriUng, and that each maker and e~dorser agree to pay all costs oi cotlecUOn, mclud~ng a reasonable attorney's tee, upon default in the
payment of Lhe Note, arxJ that d default be made m the payment o! an~~ installment thereunder and that if wch detault ~s ~ot macle
good m accordance w~th the terms of the Note, that the entire pr mcipal wm aod accrued, earncd mterest shail become due a~d payable
w~thout nqt~ce at the option of the ho!~er thereof; and shall pertorm a~d cornpty w~th each and every st~pulatan, agreement and cov-
enant of the 1Vote and of th~s Mortgage, the~ this Mo.tgage and the estate hereby created shall be vo~d, otherw~se the same shatl remain
~n tull (orCe. Maker covenants to pay the interest and pnnc~pal promptly when due. Morigagor covenants to pay the taxes and assess-
ments on sa~d property: to carry inzurance against flre on the bu~lding on sa~d la~d fOr not I~s than S , approved
by the Mortgagee, wrth randard mortgage loss clause payable to Mortga9ee, the policy fo be held by the Mortgagee and to keep the
bu~Id~ng on sa~d land in p~oper.~epair.
Th~s Mortgage shall ~¢cure not only ex~sting ~ndebtedness, but also wch future advances, whether such advances are otrlgatory or
to be made at the opiion of Mortgagee, or otherw~se, as are made with~n twenty (20) Years from the date hereot, to the same eztent as
wch future advances were made on the date of the execut~on o( this Mortgage, but such secured endebtedness shatl npt exceed at any
~ + time the maxlmum prmcipal arr,ount of S p~us interest, and any d~sbursements made for the paymeni
~ of caxes, (ev~es, or msurance, on the Morigaged Property, w~th mterest on wch d~sbursemenes. Any wch luture advances, whetber
r oblgatory or to be made at the option of the Mort
gagee, or otherw~se, may be made e~ther prior to or afte. the due date of the Note or
< I~ any other notes secur¢d by th~s Mortgage. Tha Mortgage K gwen for the speci(~c purpose ot secunng any and all mdebtedness by ihe
~ ~ Maker to Mort
u, gagee (but no event shall the secured indebtedness exceed at any tune the max~mum pnnupal amount set forth in this
a a paragraph) m whatever manner thn indebtedness may be ev~denced or represerted, unt~l th~s Mortgage K sat~shed oF record. All cove-
cn • nants and agrpements contamed ~n th~s Mortga9e shall be appl~cable to all turther advances made by Mo~tgagee to Maker under th~s
~ future advance clause.
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z a Shouid any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if. the
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~ x Mortgagee, so eleCt, at once become due anci payabte and th~s mortgage may be foreclosed, arx! a!! costs and expenses o! collect~on and
~ reason~le attorneys' fee3, indud~ag costs, expenses and reasonoble attorneys' fees on appeOl, if collected by legat_proceedmgs or
~1 through an attorney at law, shall be pa,d by the Maker, and the same are hereby secured.
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- ~ IN WITNES5 WHEREOF, tne Mortgagor has executed th~s Mortgage as ot the date f~rst above set lorth.
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~ a ned, aled and delrve ed
n o presence: l
- ~SEAL)
Ro La~gf ' ting
ISEAI)
J e L. Sw~
STATEOF glorida ~
COUNTY OF $t. Lucie '
1
I HEREBY CEHTIFY, that on th~s day, before me, an ofticer duly author~re~~,'
ujn:tre>S{3te ;aforesa~d and ~n the County aforesa~d
to take ack~owledgments, personally appPa~ed ROIISld L b~ J8IlI1~E: ~y,~w~@t~~~ '
.,rr ~nown to be the person descr~bed
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~n and who executed the forego~ng ~nstrument and thev ~kQqyy(~~ ~ ~ the]bxecuted the same.
y hand and o(i~ual seal ~n the County and State Iast r ":jt?~s p{
WIT~~~,SyS~ • - • ~
A.O.. 19 . a ~ _ ~ •
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U R Notary Pu ; . ~ .t`<~~~ .
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My Commiis~en ERQi
BO~K ~0~, PACE 3 9 . ~ c~ ~ ~
4-6014-000-7 H~v 6/7~ .
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