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HomeMy WebLinkAbout0644 uIRECT HOME IMPROVEMENT MORTGA(;E ~ ' YrITH FUTURE AOVANCE ~~4Q~ THIS MORTGAGE, made th~s 16th NOV@~E'.Y q p_ tg 78_ , t~rtwer~ Lola Bell McGriff iti+o~ty.~o~i a~a Sun Bank of St. Lucie County ~ti~o~t~?: ~Nameo~ Sun Ba~k; WITNESSETH, that Mortgagor, Io~ and ~n cons~de~at~on o( the premises and m o~de~ i0 secwe the paYment o~ thz p~~napal and + ~nterest on the note (as here~nalter del~necii, Mo~tyagor hrrebv grants, ass~gns uansle~s a~d mortgages ~o ~1o~~9agK. ~~s suc.essors and i ass~yns torever, the lollow~ng deu~~bed ~eat p~operty ~n $t. Lucie ~vunty, Fb~dd, 10 W~t: Lot 25, Block 2, of AUGUSTA SUBDIVISION, as per plat thereof recorded in Plat Book 8, Page 34, of the Public Records of St. Lucie County, ~ Florida. ;1~ ~ (This is a second mQrtgage) ~ MoMn~d • ' In P~Y~MK 01 Taoas F t~ED AflD RECOROEO ~ ~ N~ ~"~^~°~'Of~~~'`Op°~~' ~ i. Ll! C f E C 0 U NTY. F LA. qM~uafM To Ch~pR~r 71. 134. A~ts Of 1971. ~ . : _ . . . _ ~ ~ ' . n , ~ R i F' F C' ROGER P017A/1S it> ' ~~~4Q'~ CNrM CircuN Co~Mt. S~ L,ucis. Ca. R~. c~ ~ '?8 NOV 20 AM IL~ ~ 57 , ~ ; •a.'.: • -r; i . . ~ . - . . . - (here~natter re}erred tc~~Lf~kloQy~~bP~rt~}~~ the Mortgagor does hereby (ully wanant the utle to the Mor~gagr.~d Property !1 and wul defend the same agamst the lawtul ciaims ot all persons whomsoever. ~ PROVIOED ALWAYS, that if ~18 Bell McGriff , the Makerls) oi that _ ~ ~ (Insert Namelsll certain promissory note dated the date hereof (the Notel, her ~,~5. representat~ves or azs~g~s sha~l pay to Mo?t9agee _ ± the pnnupai sum of S 324: . 40 as ev,de~ced dy tne ivo~e, w~tn interesi ~t(1 upllfl [11t lMMS a5 {Ytali~ itiEifitl, the f~rLa! , ~ _ ~ , ~ ~ November 21 matur~ty date ot the Note and ot this Mortgage be~ng , 19 83 , wh~ch Noie provdes that . a1t mstallments of pnnc~pal and interest are payabie at the office oi Mortgagee, or at wch other plsce as t1~e holder r*+aY des~9nate ~ wr rtmg, and that each maker and e~dorser agree to pay all costs of collecuon, includ~ng a reasonabk attorney's tee, upon default m the payment of the Note, and that if defau~t be made in the payment oi any installment thereurder and that d wch defautt is not made good ~o accordance with the terms of the Note, that the ent~re principal wm and accrued, earned ~nterest sha11 become due and paY~~ ° - wrthout not~ce at the option of the holder thereof; and shall perform and comply w~th each aod eve.y r~pulat~on, agreement and cov- enant of the Note and oi this Mortgage, then thls Mortgage and the estate hereby creacecl shall be w~d, othervnze tAe same shal{ rema~n . ~n full force. Maker covenants to pay the mterest and principal promptly whe~ due. Mortgagor covena~u to pay the taxes ard assess- ments o~ sa~d property; to carry inwrance aga~nst fire on the bu~td~~g on sa~d lard for ~ot less than S ~ .aPP~oved by the Mortgagee, w~th standard mortgage loss ctause payable to Mortgagee, tne polrcy to be held by rhe Mortgagee and to keep the bu~ld~ng on sa~d land m proper repais. ~ i i i Th~s Mortgage shall secure not only existmg indebtedness, but also wch tuture advances, whether wch advances are obtgatory or I to be made at the option of Mortgagee, or otherw~se, as are made wnhin twenty (20) years f~pm ~he date he+eoi, to the same extent as i ~ rf wch tuture advances were made on the date of the execuUOn of th~s Mortgage, but wch secured uxfebtedness sAau no: exceed at any ~ ' t~me the maximum prmc~pal arnou~t ot S ~ p~us ~nterest, a~d a~y d,sbursements made fo~ the payment ' ~ ~ a1 ~ of taxes, levies, or insurance, on the Mortgaged Property, wrth mterest on such d~sbursements. Any wch tutu?e advances, wAether - ~ 1 oblgatory or to be made at ihe option of the Mortgagee, or otherw~se, may be macfe erther prw. to or after the due date of the Note or U~ any other notes secured by this Mortgage. This Mortgage is grven for the specrf~c purpoze ol secunng a~y and a~~ ~ndebtedness by the _ ~y gagee (but i~ no event shall the secured indebtedneu exceed at an trne the max~mum r~nu i amount set forth n ehK - ~ Maker to Mwt Y p ~ = ! paragraph) in whatever manne~ th~s ~ndebtedness may be ewdented or represented, un~~1 tha Moriqage K sa[~sf~ed of record. A1I cove- ~ i nants and agr¢ements conta~ned i~ th~s Mortgage shall be applicable to all tunher advances made by Moriga9ee to Maker unde~ ihrs ~ ~ R. ~ fu[ure advance clause. _ .,a ~ " ' o0 ' Should any oi the above covenants be broken then the Note and all moneys setured hereby shall, wuhout demaod, d?t?e X~ gagee, so eiect, at once become due and payable and thn mortgage may be (oreclosed, arx! all costs and expenses o~ co~lect~on aM ~ Mort ~ ~ O~ reasonable attorneys' fees, inciud~ng cozts, expe~ses and reasonable attorneys' fees on appeal, rf collett@d by legal prOteed~ngi or through an attorney at law, shall be pa~d by the Maker, and the same are he~eby secured. i IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as of the date fust above set fp,vh ~ _ . . GL ~ ~ . ~ S~gned, sealed and del~ver ~ ~n o se r ~ ~ / ~ ~ L~ ISEAL) ~ _ ~ _ (Mortgagor) ~ (SEALI IMo~ tgago+) ~ . ~ STATE OF Florida ~ - ~ • . St. Lucie ~ ~ COUNTY OF 1 ~ ~ ~ I HEREBY CERTIFY, thac on th~s day, betore me, a~ off~cer du~v authonzed m ~he State afo+esa~d and K+the CouAty afo~qad ~ Lola Be11 McGriff ~ ; to take acknowledgments, personaily appPared to me known to be tha persOn deW~bed ~ i ~n and who execueed the forego~ng ~nsirument arul She acknowledged before me that ghe execyt4Q tfie same. ~ ~ 16th November ' f ~ WITNESS my hand and oN~c~al seai the C~unty a~d State ~ast a~oresa~d th~s d~ oi - , ~ A.O , 19 . y~.~:,~.~iGZaZr`~ --s -~~~'i,i~ ~ ~ No[ary Pubi~c MY Comm~u~o~ ~r /L'K~C STA1E O~ FLORIW? Ai l~fCi ~ s~ Mr OD~'wuSSICN f7~1tFS MI?1f 26 198ti ~ BO;.II ~pNpEp tt+wc,Errdtu ~r~n av~e..r~- a-b014-000-7 Rev.8/77 E.K~•~~.~ ~ _ ~ ~ ~ s - - - - _ _ ~ ~ _ <.~`~.sx x`~'` ~ = - ~~"'c~~'x.F~ .