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HomeMy WebLinkAbout0311 .vITHfUTUAEA~VANCE ~ ynV~ ~111~I~ - ~ \ 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 , i ~ . V~ t vl'~~ _ - 41i192 ~ 35 QH'~~ _ u'= ~ , v 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 .._:A..-~ ? , 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 ~ ~`t ~ ~ ~t.....M7F~CTtft'1l~I~': ` l~ a so~a-ooo-~ Rer. sm I~ ~oi~~ ~ r:~~:, ~ , ~ . ~ . ~ ? *x.:.~` . _ - - - . ` . -