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Home My WebLink About1992 DIRECT HOME IMPROVEMENT MORTGAGE ~~~13 ~ WiTN FUTURE ADVANCE ~aTis'lOla • E ade this 15~ _ of _ ~b _ A.O., Ip _1~ . betwNn' D~coa alr~/~CJ'a~o3-a~reher • ors~e a lMartgag«1 and bit IMortgageel; lNameol Sun Banks ' ~I ~ WITNESSETN, that Mortgagor, for and in catsideratwn of the premaes and in order to secure the paYmtnt of the principal and j•-~ ~ interest on the Wort las hereinafter delinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its wcceswrs and N --iLt assigns lortver, the following described real property in gt` ~lf?ie County, Fbrda, to wit: i )4~ 111 .n . J 1 tot 18, Block "B", of hSB ~ 11AY'3 ADDITIOit~ ere p4 plat . • y. <~~`r; ttier~oi on bile in plat Book 1, at pace 31, of the publio • ~ ~ . s,~ . _ ~ W a records of St. Lucie Count, 1'loritia. iy1~:J tx , Q~ ° 111 r ~~LED ~P~D RECORDED3 ..a,~,4(lii:. , ~'1~`±' i•: ,•ni;I, VERY=iED . 434'71 INww.r • tp ~1~It 01Telt~ '79 f EB 21 Ate I i : 03 . err on err. e'C~ dltrlMe~.~wsotlN~r~tt~ - l~+~twttt Te ChnpMr 71e 1~ /kM 0~ t!~l1. IIOGER POfi11I1s ~ F: T~ CNtlc «irollb Court. St. V+e~. Qa.. Fa. (hereinafter referred to as the Mortgaged Propertyl; aril the Mortgagor does hereby fully warrant the true to the Mortoaged Property and will defend the same against the 1 1 la s 1 ~ whom r a€r~o~ ~~on it,a Pat~io~a~ha a,/1c,/a PROVIDED ALWAYS, that if V4Da[* ~ tlt~ Alter ~ -,the Maker(s) of that ' Yatrieia Jones, 3oined.bT Orbie J1lr~ItNer-husband certain promissory mote dated the date hereof (the Nate), their hens, legal representatives.or assigns shall pay to Mortgagee the principal win of S ~.~a~ ~ 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 Februars 16j . 19 .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 tfie payment of the Note, and that it 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 wuh each and every stipulation, agreement and cov- . errant of the Note and of this Mortgage, then this Mortgage and the estate hereby Heated shall be vod, otherwise the same shall remain in full force. Maker covenants to pay the interest and principal promptly when due. k!or*.gagor covenant<_ to pay the taxes and assess- merits on said property: to carry insurance against fare on the building on sad Wnd for not less than S 7~~~0~ .approved by the Mortgagee, r~ith standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the ' building on said land in proper repair. 'i ~ This Mortgage shall secure not only existing indebtedness, but' also such future advances, whether such advances are oblgatory or- to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the Same extent as { rf such future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shaft not exceed at any ~ ~ tune the maximum principal amount of S N~S plus interest, and any disbursements made for the payment i of taxes, levies, or insurance, on the Mortgaged Property, with interest on such disbursements. Any wch 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 ~ any other notes secured by this Mortgage. This Mortgage rs given for the spetiifu: purpose of securing any and all indebtedness by the ig - Maker to Mortgagee Ibut ~n no event shall the secured indebtedness exceed at any trite the maximum prinupal amount set forth in this paragraph) in whatever manner this indebtedness may be evidenced or represented, unU! (his Mortgage is satatied of record. All cave- ; Hants and agreements contained in thn.Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~ future advance clause. Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the ~ Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expense? of collection and . reasonable attorneys' tees; including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or through an attorney at (aw, shall be paid by the Maker, and the same are hereby secured. - IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth- n Sgned, sealed and delivered .n our pr rice 1 ~ r G ISE 1 1 @ ' STATE OF Florida - COUNTY OF Ste Luck-~ 1 -a~ii~~ j~~., -r4 ~ I HEREBY CER Y, that on this derv. bd~rt ~irsot~~er 't r ~i ~'d~Q~~ie~ dog} to tare acl~~ gisip~~~tly i~r~~ O 1' OrOa' k~i, thg~r~1?pgSc;rbed ~ Ja++ • rn and who executed the foregoing instrument ands- acknowledged before a th~' ~ xeCV7~ tbd~rrle- WITNESS my hand and OttiCal seal in the County and State last atoresad this ~ A D-, 19 Notary Public c ter ' NCrAtY ~ 1K t { Sf~7E OF 4'!7p! I (j~ it ! LAt~1 l My Commisswn Expires= MY CO+?UrtISS10N 1<xI1RfS MAY . ?6 1981 s0~K303 ~~E1989 . ~t~~1 F??/ItllJ :>fr+la,i iWti ARR.:~.~, 4-6014-000.7 Rev. 8/77 _ Y.s~..~._ u a'l iA h Y