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Home My WebLink About1585 DIRECT HOME IMPROVEMENT 4.32494 MORTGAGE WITH FUTURE ADVANCE ~ TI11S MORTGAGE, made this 26121 day of Jat'luary A.D•, 19 ~4. ,between Roberta T. Holland, a single adult _ (Mortgagor) and ~ Sun Bank of St. Lucie County (Mortgage.l; (Name of Sun Bank! • WITNESSETH, that Mortgagor, for and in consrderatron of the premises and in order to secure the payment of the principal srd i interKt on the note las hereinafter definedl, Mortgagor hereby grants, auigns transfers and mortgages to Mortgagee, its successors and assigns forever, flit following descnbad real property in $r,~ T-++^~ a County, Fbrida, to wit: Lot 51 and the North one foot of Lot 52, F7IIRVIBN PARK SUBDIVISION, as recorded in Plat Book 4, page 29 of the public records of St. Lucie County, Florida. 5 I ATE ~F FLO?"~IOA ~ UOCUMEN7AR_r.,=.-_;.,STAMP it.x ~ I . UFi'T OF kEYEhUt v~`~•~}~~ ~ F~~Ep ANO RECC1'YDEd ~~N + FL"A: ~ Pe. _ •TS~;~.,•~'.=z-f;j:. ~ 4.9 5 ~ iii. LUtC~RC vuR F EO z 432:494 o ~ - '79 JAN 3 t IW 11: ! 6 o ROG;_n r01TRt..~ c CLERK CIRCUIT COURT~Ne'+sl+led • In Ps1?n+M+t OITafM (This is a Second Mortgage) ~ Ow ~ C~!'1C" Irf~targblePersa>a12'roOM'N?• a PunwM Te Ch~par 7t. 134. /kts Of tl71. ~ ~ RQ~iER POtTRAB Gsrk.Cite~ru Court, Lucie, Oo., Rws?!~ 2 4' v (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property > and wiH defend the same against the lawful claims of all persons whomsoever. Q Roberta T. Holland PROVIDED ALWAYS, that if ,the Makerlsl of that z [Insert Namelsl) certain promissory note dated the date hereof (the Notel, her hens, legal representatives or assigns shall pay to Mortgagee 3.200.20 as evidenced by the Note, with interest. and upon the terms as provided therein, the final p the principal sum of s L maturity date of the Note and of this Mortgage being February 6, , 19 89 ~ ,which Note provides that C all installments of principal and interest are payable at the office of Mortgagee, or at such 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 fee, upon default in the payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default is not made good in accordance with the terms of the Note, that the entire principal wm 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 stipulatbn, 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 covenants to pay the taxes and assess- , merits on sad property; to carry inwrartce against fire on the building on sad land for not less than S ~ ,approved by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be.hekl by the Mortgagee and to keep the building on said lard in proper repair. t This Mortgage shall secure not only existing indebtedness, but also such future advances, whether wch advances are obligatory or ,,a 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 j W - if wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any y ~ ~ ~ time the maximum principal amount of S ~ plus interest, and any disbursements made for the payment ~ ~ U of taxes, levies, or inwrante, on the Mortgaged Property, with interest on wch disbursements. Any such future advances, whether ~ oblgatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or W any other rwtes secured by tha Mortgage. This Mortgage is given for the speci[ic purpose of securing any and all indebtedness by the W ' Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- t w Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this Q ,r~) future advance clause. ~ F- .i z a0 Should any of the above covenants be broken then the Note and all moneys secured hereby shalt, without demand, if the z k Mortgagee, m elect, at once bernme due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and U~ O reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or ti ~ through an attorney at law, ittall be paid by the Maker, and the same are hereby secured. - z z ~I ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date t~rst above set forth. a (a. i r Sgned, sealed and delivered rn our presence: ~~xf+W ISEALI (Mortgagor) t (SEAL) (Mortgagor g STATE OF FLORIDA 1 ~ r COUNTY OF ST. LUCIE ~ _ i< 1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the State aforesad.a ~(i~irg~d[litly,eforesaid Roberta T. Holland . . to take acknowledgments, personally appeared to me k~tnr~8a thei doscfibed in and who executed the foregoing ~nstrumem aril she acknowledged before ma that ` - ~ fed larrle. ~ WITN~SS my hand and ofirc~al seal in the County and State fast aforesaid this 26th day of • . A.O., 19 9 i~. . 302 1585 Notary Public NOTARY fniflt ~ C SLATE t~ fhQR161?.-A~1A~G t ? ~?;fi My Comm~ssron Expires: MV COA~h115SION Elttt~ESIW?4.26 1981 t a(3~K - e IOfdDEO tlfftU ;#roERAt 1N5 ilNDtfi~+Rl 4 601 4-000-7 Rev"f3/77 t,«u~.,.r..o . 4 _ - w