Loading...
HomeMy WebLinkAbout1575 MORTGAGE ~:3813s THtS MORTGAGE, made thrs 13trh day of _ ~rOh , A.O., 18 _LL~.. between Louise B. Philiber~ - tMatgagor) and Sun Bank of 3t. Lucie C~~~__^_ tMort,~.el: (Name of Sun Bank) WITNES$ETN, that Mortgagor, for and .n consderatwn of the premises and rn order to seturt tM payment of tM prrncipal and interest on tM Hole Las htreiMlter delrr?edl, Mortgagor hereby grants, asspns trarstltrs and mortgages to MortgagN, itsavcceatorsautd assigner /Orever, 1M lolbwrng described real property rn st_.. Lucie COtuity Counly, floride; t0 wit: t '~f U) 1~ Lota 1 and 2, Block 2, HIBI3CU3 PARR, according to the plat . thereof, as recorded in Plat Book 8, page 43, of the Public - Recorder of 3t. Lucie County, Florida. - (This , il>t a second mortgage. ) - ; ! - ::LED •:~ZD RECORDED J' H ~ _.~r,~ :~U~dTr FLA. ~ - i - ~ ~ ~ ~ ~ t D _,~~1=- in Payrnent Ot Taxes - ,43813 aetmived ` u>,,e hel~ot>al Provefty. '79 ~w~~ 22 AM 9 636 oue o"~ t cMVCeMi nit: o~ ~9». ~ Pursue ROGER PORRAS ~ ; i` '0: Tp ~ Clsrk CkCtllt Court, SL Lucie. Co.. Fla. %~E:RK C:~~.T ~~D:.~: (Mreinalter nternd eo ss tM Mortgaged Property): and tM_Mortgagor does hereby fully vwrrerN the title to the Mortgaged ?.ap.rty and will dtterd tM same against the lawful claims o/ all persons whomsoever. PROVIDED ALWAYS, that if Lot~iae H. Philibert ,the Mekerlat of that (Insert Namessll artain promipory note dated the date Mnof IMe Note1, hel' heirs, legal repelerstatives or assigrss shall pay to Mortgagat tM principal sum of = 4213.69 ere evidenced by tM Note, with interest and upon iM t~ernms es provided therein, tM fusel maturity date o/ tM Note and of the Mortgage being Marsh ll,e , 19 .which Note provides that aU instalNnents of principal end interest are payable a< tM otlice of Mortgagee, or at stteA other ptsa as tM hokter may designate in writing, and that each maker end endorsee agree to pay all costs of collection, irst:lsdirp a reasonabM attorney i fee, upon default in tM payment of tM Note, and that if default be made in the payment of any instillment thetawsder end that if such default is not rnatfe good in aCtordarsce with tM terms of tM Note, that the entire pr ineipal sum err! acuuad, earned interest shNl become due end peyabM vsithotst notice K tM option of the 1?okter thereof; and shall pdform and comply with each and every stipulation, sgreertsent acrd tov- enant of tM Note and of this Mortgage, tlsen this Mortgage end the estate hereby created shall be vod, otherwise the same shall rerssain M lull force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay tM taxes and atsew mentt On said property; to carry inwrarsce against Irre on the building on sad land Inr not less than: ,approved ~``3 by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be hekt by the Mortgagee and to keep tM i buildup on said land in proper repair. t This Mortgage shalt secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or ! V to be made et the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to tM same extent as ~ v it suds future advsnees were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed ere any i~ ' time the marwnum principal amount of s N~~ plus interest, and any distwrsansents made for tM payment ¢ of taxer, levies, or insurance, on the Mortgaged Property .with interest on such disbursements. Any such future adwnea, vvlsetlsar r obligatory or to be made at 1M option of the Mortgagee, or otherwise, may be made either prior to or after tM due date of tM Note or any other notes tewred by this Mortgage. This Mortgage is given for the specific purpose of sewrirq any and all indebtedMSS by tM ~ ~ ~ Maker to Mortgagat (but m no event sMll tM secured indebtedness exceed at any time the maxirtwm pincipal amount set forth in this paragraph) in whatever manner this indebtedness may be evidenced o. represented, until this Mortgage is satisfied of record. AN cow- ~ Hants •nd agreements contairsad in this Mortgage stssll be applicable to ell further advances made by Mortgagee to Maker ursdar this future adsrarsce elsuse. Should any of Ilse above covenants be broken then 1M Note and all moseys secured hereby shall, without demand, if tM MortgegN, so elect; at once become due and payable and this mortgage may be foreclosed, end all costs end expenses of cotlectron end ~`I reasonable attorneys' lees, including costs, expenses eM reasonable attorneys' fees on appeal. if collected by legal proceedings or ~ ~ thrOtrgh en attorney at law, shell 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 torch. SrDrsed, sealed and delivered m our pr t: ' / ' ~~1-~~-~ ~ ~ .G~ ~ (SEAL) Y _ (Mortgega) _ ISEAII t (Mortgagor! STATE OF Florida ) ~ 1 COUNTY OF st. Lucie 1 ~ 1 HEREBY CERTIFY, that on this day, txlore me, an ollrcer duly aurtrr?nred rn the Stott aforesi aft~.r?tliiCouniYaNreYid to take acknowledgments, personally apprared LOUiee A. Ph111bert to me krtalsn~Yo~be the.•ptisQn.~ibed T • j t in and who executed tM loregoing instrument and She acknowledged before mt Msf' 8 ` executed 2 t~ . _ WITN my hand erd olficral seal rn the County and State last atoresard this ~J deli of• ~ ' , A.O., 19 ~ . ~ 4. Q y ' C'~ 1 Notary Pubtrc ~ TARP R~tlr t STstE l7i ad~flb~c-At'.tARGE My Conrnissron Expu 'r COa:MISSIQ'V Ex?IRFS MAY . 26 1981 ;Ot.-oo47liev. e,n ~ BGGK 345 ~~~15?2 fION0E0 THRU C#NERAI in1S UNDiRyvRITERs awnwwrq. ,