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HomeMy WebLinkAbout2718 DIRECT HOME IMPROVEMENT MUKTGA(iE `-~`iZ`~`s Y WITH FUTURE ADVANCE THIS MORTGAGE, made the 1$~1 -day of STanuary A.Q., 19 79, between Charles V. Cibella and_Jill Cibella, his wife alkla Jill E. Cibell~,ortgagorl and Sun Bank of St. Lucie County IMartgageel: (Nameot Sun Bank( ` WITNESSETH, that Mortgagor, for and rn cons,deratron o) the premses and in order to secure the payment of the pnnapal and ,merest on the note las hereinafter defrnedl, Mortgago+ hereby grants, 8uigns transfers and mortgages to Mortgagee, its successors and ti sss,gns forever, the following described real property rn St' LuCi@ County, Fbrda, to wit: 3 The East 120.5 feet of the West 170 feet of the South 177 feet of the North 202 feet of the SW is of Section 34, Township 35 South, range 39 East. ~ ' Rel»hred 4 O D 9 ~n ps~K OI Ta1cN 1 Due On Class "C•• IMSnpiWa Plst+sayl prpp«M, w ~ Pursuarn To Chapter 71. 134. ~ Of 13'71. ROGER POITRAB ~ z ~1 r~ _ - - ? l.,er~ Circuit Court. SL ~.11C~e. W~ z - STf1TE FL~t?±~~--- ~ J . r~O~UMENIARY. '::,,$chM1_'A>~~ o ~ = ea = .;~N19.1s,-;-~,~~ ' f _ 0 7 6 5 1 : 'fin RECORDED - - 431333 s K '?9 Jlii~ f 9 AEI I i: 33 Q 3 (This is a Second Mortgage) _ a ~ Q (hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby tul(yljKatrJlit t~tBti11el1d the-1iA~F~c~aged Property r and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Charles V. & Jill Cibella ,the Maker(s) of that E z (Insert NamelsH w certain promissory note dated the date hereof (the Notel, -their heirs, legal representatives or ass,gnz shall pay to Mortgagee the principal sum of S 5.044.14 as evidenced by the Note, with interest and upon the terms as provided therein, the final • maturity date of the Note and of this Mortgage being January 21 , 19 86 ,which Note provides that all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the - payment of the Note, and that if default be made in the payment of any installment thereunder and that if wch default is not made good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every st,pulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate'hereby created shall be void, otherwise the same shall remain in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenant}_to pay the taxes and assess- moms on said property; to carry insurance against fire on the building on sad land for not less than S NA ,approved , by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the bu,ldirsg on said land in proper repair. r i This Mortgage shall secure not only ex,sting indebtedness, but also wch future advances, whether wch advances are oblgatory or -to be made at the option of Mortgagee, or otherwise, as are made within twenty 120! years from the date hereof, to the same extent as if wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any 9 r-I _ s k+ Ume the maximum prJnppal amount of S ~ plus interest, and any disbursements made for the payment ~ _ .I of taxes, levies, or insurance, on the Mortgaged Property,-with interest on wch disbursements. Any wch future advances, whether v ~ iL obligatory or to be made at the optwn of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or ~ ,O,t'I any other notes secured by this Mortgage. This Mortgage n given for the specrfic purpose of securing any and all indebtedness by the = Cl ~ Maker to .Mortgagee (but in no event shall" the secured indebtedness exceed at any time the maximum pnnapal amount set forth in this W paragraph! in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All eelve- nants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this y~ ~ future advance clause. W Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the z ~ ~ - Mortgagee, so elect, at once become due aril payable and this mortgage may be foreclosed, aril all costs and expenses of collection and X reasonable attorneys' fees, including costs, expenses and reasonable attorneys" fees on appeal, ,f collected by legal proceedings or O' O through an attorney at law, shall be paid by the Maker, and the same are hereby secured. .-1', U01 ,--I; IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date f,rst above set forth- U' O - a = t a' a Sgned, sealed and delivered ~ - m our pre nce: ~ ~ (SEAL) t ([~Aort r) x ~n~ /s (Mortgagor) STATE OF Florida ? 1 COUNTY OF St. L11Cle 1 r r ' ~ ~ • 1 HEREBY CERTIFY, that on this day, before me, an otficW~duly authorir~d in the State aforesaxi and in the County aforesaid to take acknowledgments, personally appeared Charles Vj„ ~.~~'~C~lld to me known to be the person described in and who executed the foregoing instrument and they _ -tielrnewled~ed before me that they executed the same. WITNESSlny hand and offrc,al seal ,n the County and Stete.last idibrs:..a- ~8~ d y of January - A.D., 19 7y . i - NotaiyP ~liC ' ~ . n rr~~~I.~fN~/~~¦ t 1 My Commiss~ors?:xpcest +.SC S.f•c ~f n^_ s pT f t. n 6014-000-7 Rev 6/77 1 rMV[z7i~ :(,'....J 11ww w.-%-~~ i..;,. J..~,.,,,,,,j~:~S e.ec•,*.r V.ns ~ - _ ~ r a ~ , ~v.,_.