HomeMy WebLinkAbout1586 MORTGAGE ~
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THIS MORTGAGE, made thrs ~7tr~ day of JaritlarV A.O., 19 __z-- .between'
John H Parker and Ellg Maw., Parker ~ hig__ ~ IMortyagorl and
Sun Bank of St Lucie Cout:~v IMortgagee?:
(Nameol Sun Bankl
WITNESSETH, that Mortgagor, for and rn consideration of the premises and m order to secure the payment of the prvncrpal and ~
interest on the nOtt (as hetemalter defrnedl, Mortgagor hereby grants; assigns transfers and mortgages to Mortgagee, its successor and
assigns forever, the following dese abed teal property rn Sr _ . 1C~ County, Fbrrda, to wu:
Lot 15, Block 2,~` NE PLAZA SUBDIVISION, as per plat thereof
recorded fn Plat B _ at page 33, of the public records of
St. Lucie County, lt''~ da.
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FL.~Q p.!!d RECOAO'EO
` t~~ ~ C OV ~TF E D A-- rJ
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'i9 JAN 3 ~ AM 11. 16 ~,,,,d • 1Sr..=1~ ~,?me~t a T.x..
/ ~ Due On daM "C' Intangible Pst`fyonst Property,
i~ ; r PIKaWIIt To Chapter ?1.134. ~ Of ts71.
~1 ~ CLERK Cla+,:U(T CpUF.T RpGEii PORAAS 5'j( '
Y ~ ~ dark CNeult Courts SL Lucie. Co.. Fla.
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(hereinafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
i ~~D and wrrl defend the same against the lawful claims of all persons whomsoever.
~1 J f~ F1 a Map Park
= PROVIDED ALWAYS, that it a GhTt H Parker ] er ,the Makerls) of that
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' ~ s,; - certain promissory note dated the date hereof (the Notel, their hears, legal representatives or aurgns shall pay to Mortgagee
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',~r"•'~ ~t T1 the principal sum of S Z, as evidenced by the Note, with interest and upon the terms as provided therein, the final
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~ maturity date of the Note and of this Mortgage being 1-26 , 19 ~ , which Note provdes that
~ ~ ~ f all installments of onncipal and interest are payable at the.offrce of Mortgagee, or at wch other place as the holder may designate rn
w+1 writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the ~ t
1 J f ff payment of the Note, and that if default be made in the payment of any installment thereunder and that ii wch default is not made i
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7; good in accordance with the terms of the Note, that the entire principal vim and accrued, earned interest shall become due and payable j
f? without notice at the option of the holder thereof: and shall perform and comply weth each and every strputation, agreement and cov-
errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherwrse the same shall remain
Gp ' `tJ m full force. Maker covenants to pay the rnterest and prindpal promptly when due. Mortgagor covenant!, to pay the taxes and assess-
. C.11 ti merits on said property: w carry insurance against fue on the budding on said land for not less than S N/A ,approved
~..f. - by the Mortgagee, with standard mortgage loss clause payable ro Mortgagee, the policy to be held by the Mortgagee and to keep the i
bwldrng on card lard in proper repair.
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Thrs Mortgage shall secure not only existing rrdebtedness, but also wch future advances, whether such advances are gblrgatory or
j to be made at the optron of Mortgagee, or otherwrse, as are made within twenty (201 years from the date hereof, to the same extent as
rf wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
f ~ i Ume the maxrmum pnncrpat arrouni of S N~A plus rnterest, and any disbursements made for the payment
1 of taxes, levies, or insurance, on the Mortgaged Property, with rnterest on wch disbursements. Any wch future advances, whether
_ ' `~i obligatory or to be made at the optron of the Mortgagee, or otherwrse, may he made either prior to or after the due date of the Note or
~j any other notes secured by this Mortgage. Thrs Mortgage rs given for the specdre purpose of securing any and all.rrxfrbtedness by the
- }-t' ~i Maker to Mortgagee (but rn no event shalt the secured indebtedness exceed at any tune the maxrmum principal amount set forth in this ~
~ paragraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisired of record. All cove-
Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortyagee to Maker under this
! rQi~ future advance clause.
z ~;~i Should any of the above covenants be broken then the Note and all moneys secured hereby shall, wnhout demand, d the
Ctlo+tgagee. so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of coltectroir and
t ~ t~rr?''' reasonable attorneys' tees, including costs, expenses and reasonable attorneys' fees on appeal, rt collected by legal proceedings or j
through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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'Or IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date f,rst abrrve set forth. j
~ Sryned, :select anddeirv¢red John H. Parker
rn o presence' A / tt
~~c. ' .~'~LQ`" "C. l.; r ~ N h u p 1~ G ~ ISEALI !
~ ~ ~ r Q~i~ (Mortg ~r)
~ ~~t 'N • /LI ' 4~4'.16~L~1~f~f~ - (SEAI.?
(Mortgagor
STATE OF Florida ? Ella Mae Parker T
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x COUNTY OF St . Lucie ?
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1 HEREBY CERTIFY, that on this day, beTTfo~~r1~¢,,..me,~van ofircer duly authorrze_d rn the State aforesaid and rn the County aforesaid
to take acknowledgments, personally appearedtiLSllliL~ to me known to be the per son described
rn_and who executed the !oregorng instrument and ~}g]~~,,~,,•~'ae(cgoWlerdged before me that hpy ¢xecuted th¢ sam¢.
WITNESS my hand and otf,cral seal :n the Coun~ art state last ai resaid this 19th day of .1anllarV
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i~'; miss~BC ~xpires: My fuMN?tSS?t)f~+ ?r,YtriS tkC s 19$1
( ( V ~~F.r - 1 Q~j a~' Ia'~ tifW 4~t~L1L/NS iR'~tWt1iE~
s 4-6014-000-7 Rev. 8177 sli r~ r . ~ 1~ V V j t~4 i' 1 +~~3 ~f2~+«. ~r,K ~.~r
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