HomeMy WebLinkAbout0370 DiRECT NOME IMPROVEMENT MORTGAGE 415001
~1tITH fUTURE AOVANCE
TMIS MORTGAGE. mac7e tn~s .___~.IS~- ciay ol __ALLg11St-----_-_-___-----_- , A.a., 19 . i~rt~~rrn
~ ThQ~uas C. Haysl.~~_~.I~~ D. 1~~L~L_-H~X~~-,~1~--~~--- - ~n~,~~,t~.,~~? ~~x:
--~ua_~n.k._~~~L~a~ie Countv------------------------------ ~n,o„g,~,~e?:
I Name oi $un Bank 1 '
WITNESSETH, tha~ Mo~tg~or, fo~ a~x1 in consideiahon ol the prem~ses and ~n o~der t0 seCUr@ the payment 01 ;he Vnnc~pal a~xt
~nierest on ~he no[e (as he~ana~ter de~~nec1?, Mortyayor hereby grants, ais~gns t~anslers and mo~tgayes to Rio~tgageP, rts succeswrs arxf
ass~gns lorever, the (ollo~v,ng descr~t~ed ~eal piopcYty --St-._~~l~~le Cow~ty. FIOrK1a, to wn
Parcel ~ 2) The N~of the W~ of the West 194.46 feet of
the East 511.15 feet of the South 210 feet
of the North 375 feet of Lot 222 of WHITE
CITY SUBDIVISION as per plat thereof recorded
in P1at Book 1, page 23 of the public records
of St. Lucie County, Florida., being other-
/ wise described as T.ot 9, Block 2 of an un-
recorded plat of BROOME-TIOGA SUBDIVISION.
5~
1 This is a ao
<?ti£ Mortgage.
FI~EO ~N~nUNT~Y FL~ R~iwd ~.i~,.;.~ M1 hymsn! Of Ta~eN
- ST.t~•~`
enrrR P~ITR?S ~ ~`~ia ~+N~'~--.~~.:~ ~
~v~s~. ~ ...w..~r.~.~'~.iv~a~~~M~a ~
_ , PFK ,,IF,;.UiS COURT \ T
o r-,--~-- Purwarn To CMpar 7t.134. Aas Of tf71.
~ ` ~ ' ~ ~ NOQEA POtTRAS l~ ~
A~,~ 25 4 n9 PN 1Q 415p01 a.~ a~ c,~, ar. A..
~r;
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(here~nafter reterred to as the Mortgac,~ed Propertyl; and the Mortgagor does hpreby fully warrant the t~tle to the htortgagect Propert;/
.r ~ and wu: defend [he same a9amst ~he tawfut cta~ms ot all persons whomsoever.
~f~. , PROVIDED ALWAYS, that ~f Thomas C. Hayslip ~ D. Karen Hayslip ,theMaker(sloithat
, (Insert Namelsll
' ' certain prom~ssory note dated the date hereof (theNotel, thQ1T heirs, legal representatrves or ass~gn; shall pay to Mortgagee
: the pnnc~pal sum of 5 LD/~.~~~~ as ev~denced by the Note, wrth ~nterest and uaon the terms as prowded there~n, ~he ~~na~
± maturlty date of the Note arxl oi this Mortgage be~ng B-~~ , 19 , wh~ch Note prov~des that
' afl ~nstallments of pimupal and mterest are payabte at the ottice of Mortgagee, or at wch other place as the holder may des~qnate m
writ~~g, and that each maker and endorser agree to pay all costs of coltect~on, inciuding a reasonab~e attorney's fee, upon defauh ~n the
- payment of the Note, and that ~f default be made ~n the payment ot any ~nstaltment theraunder and that ~i wch detault ~s not made
good m accordance w~~h ihe terms ot the Note, that the entue prmcipal wm and accrued, ear~ed mterest shall become due and payable
w~thout not,ce at the option oi the holder thereof; and shall perform and comply w~th each and every st~pulatwn, agreeme~t and cov•
; , enant of the Note and of thls Mortgage, then th~s Mortgage and the estate hereby created sha11 be vo~d, otherw~so the same shall rema~n
i m tull force. Maker covenants to pay the mterest and princ~pal prompily when due. Mortgagor covenants to pay the taxes arxl assess-
~ . me~ts on sa~d property; to carry msurante against fue on the bu~ldmg on sasd land tor not less than S N!A . approved
j by the Mortgagee, wrth standard matgage loss clause payable io Mortgagee, the pot~cy to be held by the Mortgagee-and to keep 1he
~ budd~ng on said land m prop_w repair.
j .
~ Th~s Mortgage shall secure not only ex~st~ng mdebtedness, but also wch tuture advancez, wheiher wch advances are oblgatory or
i ' to be made at the opt~on of Mortgagee, or otherw~se, as are made wrthin twenty 120? Years irom the date hereo(, to the same extem as '
j ~ ~f wch future advances were made on the date of the execut~on of thls Mcrtgage, but such secured ~ndebtedness sha11 not exceed at any
1
~ ~ ~ hme the maz~mum prinupal arroum of $ N~A plus ~nterest, and any disbursements made for tRe payment
t ot taxes, lev~es, or msurance, on the Mortga~,~ed Property, wrth mtertst o~ wch d~sbursements. Any wch future advances, whether
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obl~gatory or to be made at the opt~on of the Mortgagee, or otherwise, may be made e~ther pnor to or after the due date of the Note or
~ J any other notes secur¢d by thrs Mortgage. Thrs Mortgage ~z g~ven for the spec~t~c purpose of securmg any arxl all ~ndebtedness by the
g _ ! Maker to Mortgagee (but ~n no event shal~ the secur~ indebtedness exceed at any Ume ihe max~mum pnnupal amount set (orth ~n th~s
~ ~
x _ paragraph) ~n whatever manner th~s ~ndrbtedness may be evidenced or represented, unt~l ih~s Mortgage ~s satisi~ed of ~ecord. All cove-
~ nants and agreemems conta~ned m th~s Mortgage shail be app~~cable ro all iurther advances made by Mortgagee to Maker under th~s
~ i tuture advartce clause.
Should any ol the above covznants be broken then the Ncte and ali moneys secured hereby shall, w~thout demarxf. ~I the
i ~
R ~.>y Mortgagee, so elect, at once become due and payable and th~s mortgaqe may be loredosed, arxf all costs and expensez of coltec~~on and
~ reasonable atrorneys' i~s, ~nclud~ng costs, expenses and reasonable attorneys" feez on appeal, ~f collected by legal proceed~ngs or
~ through an attorney at law, sha~1 be pa~d by the Maker, and the same are hereby secured.
z ' ~ Q~.~j
~ - cI7 ~ IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage az of the dare fnst above set (o~th.
~ Sgned, sealed and delrvered , Thomas ~ Hays 1 ip
~n our presence~ '
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~ - ~ 'i
L
~ L ISEALI
Pdor . agor~ ~
~e j r-
~'G'~'~/ :rs,~ u
3 (Mortga3or ) -
- STATEOF Florida ~ D. Karen Hayslip
~ ~ 1
COUNTV OF St . Lucie _ ? ~ ' ,
* .
= I HEREBY CERTIFY, that on th~f day, before me, an off~cer duly authonred m tho Siate aforesa~d and ~n the County aforesad
~ to take acknowledgments, {~raonAl(y bpprared~l0]A{1S-..~. ~ i~ Karen to me known to be ~he person descr~bed .
~ in and who executed the for ! .~~~~npM ~7 Ha~s they
x Kp'Ry,instty ar~d t}1e ac ~ow betore me ~hat execu[ed ~he same. +
~ ZiSt •da ot 11St
~ WITNESS my hand and off~cial sea~ (hQ County and State last a~oresa~d th~s y lg , ,
~ A.D., 19 . ~ :
~ ~ . ~P~.~~~1`~~ ~,.t~
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~ ^ A t• NotaryPubhc A~K~A~~RQIaAT{A~ ,
~g3 „ ~ 37p ~ . '
DGv!l IiI P~i ~ My Comm~ss,on Exp~res: ~~1~~1 ~1~ AI~i.1/ ~
` n 6074-000-7 Rev ~~~5' ~ T1r! G~ I~Cf~MA~1~ ~
. 8/79 ~ r. • , ~
r E.~cu~.n ~.en
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