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HomeMy WebLinkAbout0537 iiiRFCT HOME IMPROVEMENT MUK 1(iA(,t ~j~i~'~ ~ ~ H FUTURE ADVANCE THIS MORTGAGE. macfe ~h~s 4LZL----- ~Y n1 ~~~,,,,~t _ . A Q . ~9 _.TH - . i~rtwren --l~a.~b"~---- _Sun Naroid J. Sand~~nd._~tri~i~A~__~nsi~r~,-hi~-~~----- _ - ~M:~,~y.,,<~,? B'c~t $LOl ~3I1~C Of St. 1.UC16 COUtJI - - Ihlo~tyageel, ~ IName o1 Sun BanAj WITNESSETN, tnat Mmt9agor, lor a~xt cons~Jera~~on of the p~em~scs and ~n o~de~ to srcu~e thr payment o+ the P~~~c~pa1 and ~nterrst on the note (as ne~e~na~ter def~nedl, Mo~~gayor Rr~y g~dntf, ass~gns Uanslers drid mo~t9ages to Mo~~gagee, as successo~s and ass~gns torever, 1he touow~ng descr~bed reai p~opr~tv -~t• t~~P_-__--__-__~-__- CouMy, Ftprnla, to w~t: Lots 8 and 9, Block 447, PORT ST. LUCIE SECTION TEN, according to the Plat thereof, as recorded in Plat Book 12, Pages 49 and 49A thru 49G, of the Public Records of St. Lucie Cct.mty, Florida. This is a secand :~lortgage. ~-a N , - i~. ~{oii OO~M~Y li~. ~'°'u'°d • ~ M Parn.~e aT.~o.. ~OCER P81tItAS Ow On Clasa ••C•• Inhn~~le p~e~sorwlptop~N , ' . i ~ aK t!RC~It CO RT ?~waM To Chapter 71. 134, Aqs pf m~ " ' j rr' °fEO , ~ aocEA Poma~?s 8 tj. : ~ i i io 44 a~ zR ~ A.. ; ~ _ ~ - 4132'76 : ~ ~ . - ~ i ~ (here~nalcer referred to as the Mortgaged Property); arxl the Mortgagor does hereby iu~ly warrant the t~tle~to the Mortgagecf Property r" and whi detend the same aga~nst the law(u1 cla~ms oi all pe.sons whomsoever. ~ PROVIDED ALWAYS, that ~i U°''~"~'~ T Sanders and Patricia A. Sanders , the Makeris) ot that ~ ' ~ ' (Insert Namelsll certain prom~ssory note dated the date hereof (the Notel, -thP1I he~rs, legal represe~taUVes or assigns shall pay to Mortgagee the pr~ncipal sum of $ S hc21 (17 as ev~denced by the Note, w~ih interest and upon the terms as provufed there~n, the ~~naf matunty date of the Note and o1 this Mortgage be~ng A~~ ~ 6 , 19 , wh~ch Note prov~des that ail mstallments oi p:~ncipal xr?d inte~est are payable at 1he office ot Mortgagee, or at wch other place as the holde~ may des~g~ate m writ~ng, and that ~ch maker and erxforser agree to pay all costs of collect~on, mclud~ng a reasnnable attorney's fee, upon default ~n the payment oi the Note, and that ~i default be made m the paYme~t ot any msta~lment thereunder and that ~f wch defautt ~s not made good iw accordanCe with the terms of the Note, that the ent~re prinupal wm and accrued, earned interest shall become due and payable w~thout notKe at the opt~on of the hokler thereof; and ahall pertorm and comply wrth each and every si~pulatan, agreement arxl cov- enant oi [he Note and of this Mortgage, then th~s fdortgage a~d the estate hereqy created shall be vo~d. otherw~se the same shall rema~n in tull force. Maker covenants to pay the interest and prinupal promptly when due. Morigagor covenants to pay the taxes and assess- ~ ments on sald property; to carry insurance aga~nst fire_on ihe bwtding on sa~d land for not less than S U~~- . approved by the Mortgagee, wiih standard mortgage loss dause payab~e to Mortgagee, the po~~cy to be held by the Mortgagee and [o keep the i bu~W~ng on sa~d lard m proper repa~r. i r Th~s Mortgage shall secure not only ex~st~ng indebtedness, bui atso wch tuture advances, whether wch advances are oblgatory or ~ ~ to be made at the opt~on of Mortgagee, or otherw~se, as are made with~n twenty (20) years from the date hereo(, to the same extent as ~t wch tuture advances were made on the date of the execut~on of th~s Mortgage, but such secured ~ndeb[edness shatl not exceed at any ~ ' t~me the max~mum prmc~pal amOUnt of S ~A plus interest, and any d~sbursements made ior the payment ~ i, of taxes, lev~es, or inwrance, on the Morigaged Pro~ty, with interest on wch d~sbursements. Any wch future advances, whether ` oblgatory or to be made at the ophon of the Morigagee, or oiherw~se, may be made erther pnor to or atter the due date of the Note or i - any other notes secured by thls Mortgage. Th~s Mortga9e K grven for the Speuf~c purpose of secunng any and a11 ~ndebtedness by the ~ _ I, ~ Maker to Mortgagee ibut ~n no event shall the secured indebtednezs exc~ed at any tune the max~mum pr~nc~pa~ amount set forth 1n th~s ~ paragraphl ~n whatever manner this ~ndebtedness may be ev~denced or represented, untd this Mortgage ~s sat~shed af record. Atl cove- ~ z; nants and agreements contamed ~n th~s Mortgage shall be app~~cable to aU tunher advances made by Mortgagee to Maker under thn ~ - G tutu~e advance dause. : ~ v_~ Should any of the above covenants be broken then the Note and all mo~eys secured hereby shall, w~thout demand, d the Mor.tga9ee, so elect, at once become due and payable and ahn mwtgage may be foreclosed, and all costs and expenies of collect~on and reasonabte attorneys' teez, mctudmg costs, expenzes and reasunable attorneyi iees on appeal, ~f co~lected by legal proceed~ngs or ~ through an attorney at taw, shall be pa+d by the Maker, and the same are hereby secured. ~ -•r- IN WITNESS WHEREOF, the Mortgagor has ezecwed th~s Mortgage as of the date first above set forth. ~ - S~g~ed, sealed anddefivered Harold J. Sanders ~ m our ~resence: ~ -CNU-lC~GGL' ~l~ !iL(`~1L1 ~ - ISEAL) ~ (h tgag r) JJ~L /i[ GL~ ~J~-~C~C~~_JL \ ~-~SEALI - (Mor tgagor i : STATE OF Florida ~ Patricia A. Sanders tig COUNTY OF St. I~.1C1@ 1 ~ ro . ~ 1 HEREBY CERTIFY. ~hat on th~s day, befo~e me, a~ ofhcer duly authonzed m the State atoresad e~d-in the CountSraferesa~d . to take ack~owtedgments, pe~sonally apprared to me known to ~C the pe~so ~~dec~i~ ~ ~ . an ers " ~ • m and who executed the toregomg ~nstrument a~d thPV acknowledged betore me that ~-++~T 8xecuted thesame. r WITNESS my hand and offic~al sea~ the County and S~aie tast aforesa~d th~s 4~ day bf ~9i ~ , ~ A.D., 19 i7/f ~jj ~ ~ . . . _ y, ' ~ - l/.r~ ~r~~ f~7 l,.~r~c '~1 ~ ~ • - • • 1 ~ . ~ ° Notary Publ~c ~ • - " bo~~ P~ My Comm~sswn Expires~ ~o~r~ ~auc ~ o+ra~a?~ u~ ~ <1 50 t 4-000-7 Rev. 8177 MY ~AMIS~IO! ~ A~K'i.l~ f~i e,«.~.~ o.~.. a;.,' ~ ~W~~.~~ . Q_'_- ~ . . _ -~~^J;~. _ _ - . _ - _ ~ 3' «s~~,~.r - F - 3'- ~ s~'+ ~~a~~•x~'~'""~ ~ ~s~ ~ : rva~. °'~''s"~„~ ~ ~ - r~-'" - " . ~'.~,.i-. _ . .