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Home My WebLink About0259 D~RECT HOME iMFROVEMENT MORTGAGE YQa~SO 1..~ / ~'Y1TH FUTURE AOVANCE 7HIS MORTGAGE, made th~s __23rd dav ol ~3~1 , A.O . 19 .7~ , beiween _~.P.lancl S_ Rn»rl ~nd ir~ ~ ~~no~~gayo~ 1 a~ct _S~ i3ank nf ~t _ T~~c-i e r~,mtTv lMo„~a~e~: . IName of Sun 8ank ~ WITIYESSETH, that Mortgagor, tar a~d ~n cons~de~at~on of the p~em~sas and order to secu~e 1he payme~t ot the pr~nc~pal and mteres~ on the note (as here~nafter delmedl, Mor~gagor he~eby g+an~s, su~9ns t~ansie~s a~d mor~gages ~o Mo~t9agee, ~ts successo~s and ass~gns torever, the Io1low~ng desu~bed ~eal p~ope~iy ~n ~ Couniy, Fbr~da, w w~t: ~ Lot 20, Block 354, Port St. Lucie Section 'I~ro, as recorded in Plat Book 12, ~ Page 12 C, of the Public Records of St. Lucie County, Florida. ~.o.w.a s~.~. ~O: 9 tn ~r~«a orT.,~.. - ou. on ca.s ~•C'• Inwqe~. wno~+.t Prna.R1?. ~xsuant To ChaptK.y1.13~t. Aals 107t. i ~ .1-~ ~-=L_U~~IDL~ ~ ° STA~~ T . Sta~nP Tr.> ~ . ~POrt~uts ~ D O C__ tr'+~~ N s A R Y ! Ci~k Ciradt Cow~ ~f. iuoi~. ~b?. R~. ~ • `v D'EPl. Oi REYENUE ii t Nc `T = =,?UM-1'la tS~~.: Z T ~ Q ~ FIlEO ANO RECORDEO ~ ~ c~o p8 4 ~ ~t ^ . ~ - F' • S T. ~ U C t E C O U N? Y F L A. A4CER P01TRA5 C! EPr ;:4CUIT CC' . ,-~~:;_C i ~ ~ ~ ~UN ~ ~ ~ ~37 AH'?~ ~ossso - , (herei~a(ter referred to as the MOrtgaged P~opertyl; and the Mortgagor does hereby tutty warrant the trtle to the Mortgaged Praperty and w~il defend the same aga~nst the lawiut claims of all persons whomsoever. PROVIOEU A~WAYS, that ~rlpland S_ anr~ [~Prvl K urland Jr , the Makerls) oi that . [Insert Name(sl) certain prom~sswy note dated thS date hereof (the Note1, their h~KS, leyai representatives or ass~gns shall pay to Mortgagee the pr~nupa~ sum of s~H ~ 394. 8~ as ev,denced by the Note, w~ ~nterest end upon !he terms as provided tAere~n, the f~nal maturity date of the Note and oi thn Mortgage be~ng Y~ , tg , wh~ch Note prov~des that a i t i~sta l iments o f principal and i~terest are payable at the ottice of Mortgagee; or at wch other place as the hoider may des~gna[e in wr~ting, and that each maker and endo~ser ag~ee to pay alt costs of coUection, including a reasonable attorney's fee, upon defauh in the payment of the Note, and that ~f default be made in the payment of any installme~t thereunder and that ~f wch defau~t is not made good in accwdance with the terms of the Note, ihat the entire pri~c~pa1 wm and aarued, earr?ed interest shali become due ar?d payable without not~ce at the option oi ihe holde? therroi; and shall perform and comply w~th each and every stipulatan, agreement and cov- ~ enant of tAe Note and oi this Mortgage, the~ this Mortgage and the estate hereby created sha11 be vo~d, otherwise the same shalt remain In tull force. Make? covenants to pay the. interest and pri~cipal promptly when due. Mortgagor covenants to pay the taxes anct assess- me~ts on said p~aperty; to carry inwrance against fire on the building on sa~d la~d tor not tess than S II~a , approyed by the Morigagee, w,ih standard mptgage loss clause payabie to Mortgagee, ihe policy to be held by the Mortgagee and to keep the bu~ld~ng on said land in proper repai~. - This Mortgage sfwll secure not only ex~st~ng irtdebted~ess, but alyo such tuture adva~ces, whether wch advances are obligatory or to be made at the optior~ oi Mortgagee, or othe~wise, as are made w~thin twenty (20l years from the date hereot, to the same extent as ~i such future advanees were made on the date ot the execution of this Mortgage, but such secured ~ndebtedness shall not exceed at any ~ ~ ~ Ume the mazimum prmc~paf arnou~t of S-~1 f~ ptus ~nterest, and any d~sbursements made tor the payment ~ of taxa, tevles, or mwrance, on the Mortgaged Property, with interest oa wcA disbursements. Any wch tuture advarxes, whether oblgatory or to be made at the op!io~ of the Mortgagee, or otherw~se, may be made either prior to or afte~ the due date of ihe Note or. c ~~I any other notes secured by this Mortgage. ThK Mortgage is grven for the speci~ic pu~pose oi securing any and all indebtedness by !h~ ^ v~~ Maker to Mortgagee lbut in no event shall the secured i~debtedneu exceed at an tane the maximum ~ ~ y pr~ncipal amount set torth m this : ~ ~,,~i paragraph) m whatever manner this mdebtedness may.be ev~denced or represented, unt~l this Niortgege ~s sat~sfied oi record. A11 cove- ~ ~1 ~ants and agreements conta~~ed in this Moftgage shall be appl~cable to all further advances made by Mo~tgagee to Maker under th~s ~ ~""'i tuture advance clause. ' s, ~ t ti~ ~ ~ Should any o( the above covenaMS be broken then the Mote and all moneys secured hereby shall, w,thout demand, ii the Mortgagee, so ele~t, at once become due and payable ard this mortgage may be foreclosecf, and a!I costs a~d expenses of collect~on and i ~ reasonable attorneys' (ees, ~nclud~ng costs, expenses and reasonable attorneys' fees on appeal, if collected b I 1 y ega proteedings or ~ S-, through an attorr~y at taw, shall be paid by the Maker, and tlie same are hereby secured. h ~{I ~ - t~ ,,'1~. IN WITNESS WHEREOF, the Mortgagor has executed th~s Moregage as of the date first above set forth. ? ~ S. ~ g~ed, sealed and delne?ed . m our nce= I' ' / (i~ p~ • ~ ISEAL) tMortgago C~~~~c.'.~ .~~1,~ ' EALI (Mar cg~go. f STATE OF Florida ~ ~ t I.UCi6 ~ f COUNTY OF ~i,]'i + t I HEREBY CERTIFV, that on th~s day, before me, an oif~cer duly~ythor~zed ~n the State a(oresa~d and ~n the County alo~esa~d to [ake ack~owledgments, Pe.sonauy appPa~ed I~Z~IId S. ~T~ ~o be the person descr~bed . ~ ~n and who ezecuted the forego~ng mstrument a~d ~~°1~~ SY ~.,-aCkndw(edged,befpre m thai they ---r.,s . , ey executed tt?e sams. WITNE my hand and offK~al seal in the County and ~iate;last aj~r~s~OihK' ~~~t d ot ~ A.D., 19 ~ . : : . ~ . ~ fr~~ ' Nota~ P ~ i : ~ . Q R ~ 2~~ ~'~iLt -~,~up^ fikr~!~:Ot~Rr P;::RIC S'T; 0: FtQtIDA AT LAR~ a~1i1~ ' ~ . ' ..f- ~ ~ E~;Y~a'S/A R 16 1981 ~ a 60140047 Rev. 8/" 7 . . : ~ ;-v'• ~ • ,~S ~;V'j-t~~rR~lJtRS..W ~ ~ > , - . _ ~ .,r , i~ ~