HomeMy WebLinkAbout2719 uINECT HOME 1MPRVVtmtrvt , ~hV~ ~ ~~~rL~O~
rilTf/ FUTURE ADVANCE V
THIS MORTGAGE. mode this 18th daY ref _ AO., 19 _.~4 ,between
_ Joseph H. Cox, Jr. and Betty_-B. Coxz husband__and_wife__ _ IMorty~~r? ar><f
Sun Bank of St. Lucie Cotmt_y _ (Mnrtgageel:
(Name of Sun Battle
WITNESSETH, that Mortgayor, lot aril in consideroUOn o) the premises oral in order to secure the payment of the prinapal arxf
interest on the note las hereinafter deLnetfl, Mortyayor hereby grants, assryns transfers artd mortgages to hbrtyagee, rtssuccessorsand
St. Luci@ COUnty _ County, Fbrxla, to wiu
assryns forever, the iollowrng described real property m ,
North 30' of lot 6 and all of Lot 7 Block 4, WILBUWS SUBDIVISION
as per plat Book 6, page 24 of-the Public records of St. Lucie
~ County.
7' This is a second Mortgage. Rfilcttived ~ 9~S/ M •
a a.ym«~t Of Taslo~
U Oue On Ciess "C" IlnunpiWspsnorwlprt>sp~ty, _ .
Purfwsnt To Cheptsr 71, 134, Af~ts OI 1071.
ROQER POITIIA$
Clerk ClrCtlll Court, St. Lue~. CO., Fla.
rr ~ SATE FL(OR?L~~-. ~ F!LcC .:ND RE:COROED~ •
r;z UJ~_vMENTARYi:.'-;, STlilY1P i_'~ T. t_UCtF C"UF1TY, Ft_?~.
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= ~ ~ayi~~>'a;' a`''~=} ~ 0 8. z 5 ~ ~ 4.31384
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(herernatter referred to as the Mortgaged Property): arxi the Mortgagor does hereby fully warr~~PF+UC~4C(Ry:A'~r®~~~OPe+tY
and writ defend the same against the lawful claims of all persons whomsoever.
Joseph H. Cox, Jr and Betty B. COx _ ,the Maker Isl of that t
PROVIDED ALWAYS, that if _ -
jlnsert Namelsl!
certain promissory note dated the date hereof (the Note, their heirs, legal reprctsentatrves or assigns shalt pay '!o Mortgagee
5,476.99' as evidenced by the Note, with interest aril upon the te:rnz as provided therein, the final
the pnnupal sum of S .
maturity date of the Note and of this Mortgage being January 16 19 ,which Note provides that
all installments of principal and interest are payable at the oft~ce of Mortgagee, or at wch other place as the holder may designate in
writing, and that each maker and endorser agree to pay alt costs of collection, including a reasonable attorney's tee, upon default in the
payment of the Note, and that if default tae made rn the payment of any rnstailment thereunder and that if such default is not made
good in accordance with the terms of the Note, that the entire principal win aril accrued, earned interest shat) become due and payable
without notice at the opt,on of the holder thereof: artd shall perform and comply with each and every stipulation, agreement and cov-
enant of the Note and of this Mortgage., then this Mortgage and the estate hereby ueated shall be void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and pnncrpal promptly when due. Mortgagor covenants to pay the taxes and assess-
ments on said property: to carry insurance against fire on the building on said tared for not less than S II~8 .approved
p by the Mortgagee, with starxfard matgage loss clause payable to Mortgagee, the poLcy to be heW by the Mortgagee and to keep the
~ bu,kimg on said land rn proper repair
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M This Mortgage shalt secure not on{y existing ,ndebtedness, but also wch future advances, whether such advartCes are obligatory or
h„a ro be made at the opuon of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
I ,f wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any
,
_ dj time the maximum pnncrpat amount of $ plus interest, and ony disbursements made for the Payment
- U of fazes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any such future advances, whether
_ ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either poor to or after the due date of the Note or
'+-I any other notes secured by this Moriyage. This Mortgage is given for the specific- purpose of securing any and ail irxlebtedness by the
a'' hlake+ to Mortgagee Ibut in no event shall the secured indebtedness exceed at any Nine the maximum principal amount set forth in this
~ paragraph) .n whatever manner this indebtedness may tae evidenced or repcezented, until the Mortgage is satisfied of record. All cove-
- R+ Hants and ayreements contained in this Riortgage shall be aVPlreable to all further advances matte by Mortgagee to Maker under this
future advance clause.
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O x Should any of the above cover:artis be' broken then the Note aixi all moneys secu+e~d hereby shall, ve,thout demarxl, d the
~ O Mtortgagee, so elect, at once become due and Payable and this mortgage may rte foreclose-•d, and ail costs and expenses of collection and
cA reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees do appeal, :f collected by legal proceeduiys or
through ar. al*.orney at taw, shall be paid by the Maker. arks the same are hereby securrt. _
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IN WITNESS WHEREOF, the MnrtyaGor has executed this Mortgage as of the date tuu above set forth.
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S~yn~d, .eared and elive:ed
a ~n our presence /
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- ~ IMo:tya or)
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- - Ikinr tyagor l -
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' STATE OF Florida 1 ~
COUNTY OF SC. Lucie , -
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- I HEREBY CERTIFY, that on this dav, briore me. an officer duly aurhar~td•1n the State aforesaid and in the County aforesaid ~
Jose h H. CoRy••Jr. & 8~tty B. COx 1
to take ackno.vledymer•ts, personauy appeared p _ _ to me known to be the person desenbed
they _
,n and tzho executed the foreyoino mzt+umem and ______T}Aekhowledg~d Iwfor me that _ the executed the same.
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WIT ~my hand and off c.al seal ~n the County and State +a• fpre d this -V Y -
N arY.Q lid r'. - ~
q 141y ComrAission•Chtpues:
4.6014-000-7 Rev. 8177 f ~ ; ~ ~ F~_ . 7 7 _ i ~
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