HomeMy WebLinkAbout0311 .vITHfUTUAEA~VANCE ~ ynV~ ~111~I~ - ~
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THIS MORTGAGE. rnade ~nis 219~•~-- deY o~ Jul-.~/ . A D. 19 ?S2 . I~rtwrrn
~ Euqene Smith and Reatt~M~~_~mith~_hi.s_~tife---------- - . _ int~,~,,.,.,~~? ~~x~
Sun Bank of St. Lucie Count
- _ _ - - ~nt~~~~~?.
~Name ol Sun Bank;
WITNESSETN, that Mo~tgayor, tor and ~n cons,de~at~on o1 the prrmisrs antl ~n order to srcure thr p.~yme~u o1 the pr~nc~pai a~x1
~nterest on the ~ore (as heie~nafter del~ned), Mortyayo~ ~e~ebY y~ams, ass~yns transie~s and mo~tgayes to Aloitgape~, ~ts succrssors aruf
assigns forever. the tollow~nq deur~ed real p~operty ~n County, Floiul~. to w~t:
/
Lot 10, Block A, MOSTAINE SUBDIVISION, according to the Plat 3
thereof as recorded in Plat Book 7, Page 45 of the P~bZic -
Records of St. Lucie County, Florida.
~ ~ P~T~1ENt OF TAJ~EZ
~OE ON IXAti 'C IItiAN6feLE PEASONAI PROPE~iTY,
PIIAiiIA~T 10 CNAPTER 71-13~, ACTS Of 1lll. fIlEO 1~Nfl RECORJ~~
ROCER PORRAS 5T LtlCIE COUNTY F~A
CLEN~ C01~'r~ sT. W~IE CQ~ F1A. RC . r~? fy ~ A 5
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_ - 41i192 ~ 35 QH'~~
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cri
i (here~nafter referred to as the Mortgageci Proprrryl; and the Mortgagor does hr~eby fully wa~rant the htle to the blortgech.~c1 Property
~ p j and wnt defend the zame a_ya~nst the fawtut cla~ms of aN persons whomsoever.
1~~, ~ EuQene Smith and Reatha Ma _ Smi th, hi g wi fE. , the Makerlsl o( that
PROVIDEO AIWAVS, ihat ii
. ~ ilnsert Namelsll
1~ yt
• ~ certa~n prom~uory note dated ihe daie he~eof (the Note1, thai r he~rs, legat representat~ves o~ asi~gns sha11 pay to Mortgagee
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, the pnn~ipat Sum Of S 2210. 17 as ev~denced by thr Note, wrth ~nterest arxt upon thg terms as prov~ded therem, Ihe tinal
~ t matunty date of the Note and uf ih~s Mo~tyage be~ng .j~y 21 ~ , 19C2~- , wfi~ch Note µrov~des that
` r ~ ~ all mstallments ot pnnc~pal and ~nterest are payable at the off~ce ot Mortgagee, or at wch other piace as the holder may designate m
-;j - ~ wriung, and that each maker and endo~ser agree to pay aU costs of totlecuon, includinq a reasonable attomey's fee, upon default ~n the
, payment o~ the Note, and that ~f default be made in the payment oi any ~nstaliment the~eurxler arxi that such delault is not made
~ 9ood rn accordance w~th the terms o} 2he Note, that lhe entue prmc~pal wm anci accrued, eamed ~n~e~esi shall become due and payabte
~
a ~ - w~thout not~ce at the opuon of ft~e holder thereot; and shatl pc~form and complY w+th each and every st~pulalwn, a9reement and cov-
- ~ + ena~t of the Note and oi ih~s Mortgage, then th~s Morigage and the esiate hereby crEateci shall be vo~d, oTherw~sc ihe same shall remain
m full force. Maker covenants to paV the mterest and pnnc~pal promptly when due. Mortqagor covenants to pay the taxes and assess-
- ments on sa~d property: to carry ~nsurance au,~mst t~re on the txi~iding on sa~d lancl fo+ not tess than 5-_~1.~__ , approved
` ~ ~ by the Mortgagee, w~th star~dard matgage loss ciause payabie to Mo~tgagee, the ~oltc ~o t>e heM b ihe Mort
{ y y yayee and to keep the
bwld~n~ on ~~d land m prupe* reDau.
v4~'
Th~s Mortgage shali cecu~e not onty ex~sUng endebtedness, but a1s6 wch future advances, whethcv such actvances are obl~gatory or
to be made at the opt~o~ Of Mortgagee, o~ otherw~se, as are made w~thm iwenty (20f Years from the clate hereoi, to the Same exteni as
`1 rt wch future acivances were m;jdP on the date ot the ~ xecut~on of th~s Mortyage, but such secured ~ndet~tetlness sha11 not ezcer~r! at any
S
~1 t~me the max~mum pnnc~pa! arount of S. n~ pluS mt¢rest, arxl any d~sbursrments mad~ f0* tt~e paYment
~i taxes, fewes, or ~nw~ance, on the Mortyaged Property, wuh ~nte~est on wcb d~strwsements. Any such ~uwre advances, whether
` ! ob~~gatory or to be made at the opi~o~ of the Mortgagee, or otherw~se, may i~e macie erther pnor to or after ihe ~ue date of the Note or
~ any othe~ notes secu+ec! by ih~s Mortgage Th~s Mortga9e ~s gwen for the spec~(+c pu~~~se o( sr_cu~~nq any and all mdebteclness by the
; hlaker to Mortgagee (but m no event shai! the secwed rndebtedness excePd at any t~me the max~mum pr ~n~~pal amount set fortH ~n ih~s
; paragraph) ~n whatever manne~ th~s ~nciebteciness may be ev~denced or rep:esen[ecf, unt~i th~s Mortgac~ ~z sac~sf~eci of ~ecord. Alf c~~ve-
` nants arxl agr~ments conta~necf m th~s Mortgx7F sha~i be apphcable to all tu~ihe~ aelvances ma[1~• uy ~Aortgsgee to i~llakrr unde. th~s
i
iutu~e advance clause
S~~ould any ot the above covr.nants be hruke~ then the Note and a!I moneeys weuretl he~eby shali, w+thout dc•mand, i} ihe
, _
~ Mo~tgagee, so elect, af onre become due anc) payab~e arx} rhrs mortgage may ba foreciosrcf, and ail costs and expenses of co~tect~on arxf
- ~ ~easonable attorneys" fees, ~n[luding' costz, expenses arxl ~easonable attorneyi ~BBS on appea~, ~f collectrrd by Ivgal proceeclmys or
tnrough an atto•ney a! Iaw, ;hali tw pa~d by the Maker, a~xf the ~;,me are hereby securecl.
IN WITNESS VVHEREOF, thr h'lortgagor h;~c ~•xrc~~~d ih~s hlo~ty;+ge as o1 tfie dat~• f~rst at~ove set +o~rh.
V S~yned. seai ~ci and de~~vere~l
~n ou• p ence ~ ~
- -~~i"w3E~_--- - - ISEnu
Eug Smith iti~~~is,3y~~~~
~ .
- - C~~f -~-j;~__ _ _ _ ~ ~lC~ ~SEALi
eat a Mae $lp~, yo~,
STATEOF Florida ~
I
COUIVTY OF St. Lucie ,
I HEREBY CERTIFV, !hat o~ th~s day, befo« me, a~ off,cer Au~y autnonied,~~,thB State, aloresaKl ancf ~n the Coumy 7fOteSdK~
to take acknowted mr~~s, Eugene $lillttl dlla ~~~;'~Q °
g pe•sonalty appearc_d _ ,Nn to be the pe~son descnbed
T-?-'~;~
~n ,~nd .rho executecl ~he torego~ny ~nstrument 3nd they a~kn+f-1~/vledged beJOSpI~e that ~e_Y___ ezecuted ihe samP.
, , (tr'~1
fI~` t i Jul
WITNESS my hand .ind o.f:~~al seat m~ne Couney and StaTe iast a( ,lMS day of ,
A D , t 9 ' ~
~
80 ~ I NotarY.P}l~Ilc~.~ . , w + - ~ • • _ ~
~x~`~,~ ~A~~ ~ ~ My Cornrit:~~, ~~~~i~SC.-~ ~ :f r r A, - yT ~
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a so~a-ooo-~ Rer. sm I~ ~oi~~
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