HomeMy WebLinkAbout0525 DIRECT HOME IMPROVEMENT MORTGAGE ~~5161 ~
YvITH FUTURE AOVANCE
THIS MORTGAGE. made th~s 18~--- dav ~x - - . A.O., 197.Z.--- . between'
German Sanchez Casis and Maria Del Carmen Gial in~o~3anc~,~,~ a„d
Sun Bank of St Lu.~ie Go~tv _ iMo«~~?:
(Name of Sun Bank)
WITNESSETH, that Morlyagor, (or a~d in co~s~derat~on of the prem~ses and ~n order to secure the paymem ol the pr~nupal a~d
~nterest on the note las Aere~naiter def~nedl, Mo~tgagor hrreby gianls, asscgns uansfers a~x1 mwtgages to Mortgagee, ~tssuccessorsand
ass~gns forever, the iollow~ng desc~~bed real property ~n St Lucie Coun[y, Florda. ~o w~t:
o Lot 23, Block 40, River Park, Unit 4, according to the
- co Plat thereof as recorded in Plat Book 11, paqe 9 of
o the Public Records of St. Lucie County, Florida.
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~ ~~9 iit;~~ 22 tl~ rJ7 Received e~""~ N~M OI Tvices
c. ~ F Dua On Class "C" iMa1~1~~MM11M hoP~nY.
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COJtlT~~FLA Punuant To Chspta 71. tiir~011,71•
~ ' il ~ R~GER POlTRAS ~
` ~ ` ` ~ CLEIti( CIRCUIT Cd ROGER''OIIMS ~
~ Rc'~CCRO VEP.tFIEQ CNrlc Ckcuit CouR, St ~ud~, C0. ~
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~ ~ ~ (?~ere~natter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fu~ly warrant the t~t1e to the Mortgagecf Property
~ ~ ~ and w~N de(encf the same aga~nst the lawful 1 Ims o( all p sons hom r.
~ ~~r~a~ ga~c"~~z~$sis $nd Mar~a
ca ~ arm ia ino e Sanc ez C.
, PROVIDEO ALWAYS, that ~f , the Makerlsl ot that
; L` ~ jlnsert Nameisl)
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~ certai~ prom~ssory note dated the date bereof (the Note1, he~rs, Iega1 representat~ves or auigns shail pay to Mortgagee
~ r~ ~i;4.
~ the pnnupal sum of 5 10 a$05 96 as ewdenced by the Note, w~th ~nteres~ anci upon the terms as prov~ded there~n, the hnal
~ l~~ti~ S-21. , 19 _9
Z_. , wh~ch Note prowdes that
~11 maturrty date of the Note and of this Mortgage bein9
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i_~~ ~ all mstal~ments ol prmc~pai and mterest are payable at the off~ce o( Mortgagee, or at wch other pixe as the holder may designate m
_ wrrtmg, and that each maker and endorser agree to pay alt costs of collect~on, ~nciudmg a reasonable attor~ey's (ee, upon default ~n the
payment of the Note, and that ~i default be made in the payment oi any ~nstallment thereurxier and that wch default ~s not made
good In accordance wrth the terms of the Note, that the ent~re pr~~c~pal wm and accrued, earned ~nterest shall become due arxl payable
~ without not~ce at the opt~on of the holder thereot; and shall perform and compty w~th each and every st~pulatan, agreement and cov-
~ ' enant of the Note and oi th~s Mortgage, then th~s Mortgage and the estate hereby created shau be vo~d, otherw~se the same sha11 remam
c~~~- ~~1~ ~n tull torce. Maker covenants to pay tha mterest and pr~nupal promptly when due. Moitgagor covenants to paY ~he taxes and assess-
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~ ; ments on sa~d property; to carry msurance agamst i~re on the build~ng on sa~d tand (or not less than S n a , approved
! hy !he Mortgagee, w~th stanciard mortgage loss clause payabie to Mortg~gee, the pol~cy to be held by the Mortgagee and to keep the
bu~id~ng on sa~d land m proper repa~r.
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TMS Mortgage shall secure not only ex~st~ng ~ndebtedness, but also wch future advances, whether such advances are oblgatory or
~ to be made at the opt~on of Mortgagee, o~ otherw~se, as are made w~th~n twenty 1201 years irom the date hereof, to the same extent as
~ ~f wch fut~re advances were made on the date of the ezecut~on o( th~s Mortg.~ge,but such secureci indebteclness shall nut exceect at any
~ Nme the max~mum pnncepal emount oi s n/a plus mterest, and any disbursementimade (Or the peymeni
' ~ ~ of taxes, Iewes, or ~nsurance, on the Mortgaged PropertY. w~th interest on wch d~sbursemems. Any wch (uture advances, whether
~ oblgatory or ~o be made at the opt~on oi ~he Mortgagee, or otherw~se, may be made e~ther pr~or to or aiter the due date ot the Note or
any other notes secu~ed by th~s Mortgage. Th~s Mortgage ~s gwen for the specrf~c purpose of secur~ng any and all ~ndebteclness by the
~ Rlaker to Mortgagee (twt m no event shall the secured indebtedness exceed at any time the max~mum pnncipal amount set forth th~s
_ paragraphl m whatever ma~ner th~s ~ndebtedness may be ev~denced or rep:esenteci, unt~1 th~s hlortgage ~s satisi~ed o~ ~ecord. AU cove-
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- Cj nants arxf agreements conta~ned ~n th~s Mortgaqe shall be appl~cable to all further advancez macfe by Mo~tgaqee to Maker unde~ this
r-1~? }uture advance clause.
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$hould any oi tha above covenanis be broken then the Note ancl all moneys secur~f he~eby shall, wrthout demancf, if the
Mortgagee, so elec!, at once become due ancl poyabte arid th~z mortgage may be foreclosed, and all costs and expenses of collect~on and
~ ~ reasonable at[omeys' fees, includ~ng costs, expenses and reasonable attorneys' te¢s on appea~, ~t coltecte.i by legai proceedmgs or
~hrougti an attorney at law, shall be pa~d by the Make~, and the same a.e hereby secured.
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- cd ! IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortyage as of the date rs~ at~ve set fo~th.
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' ~r $,yne~, sealecl ~nd del~verer! ~
o presence ' J A /
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Ge a a c~i`~~°`~C is '
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iMortgago
Maria Del Carmen Gialdino de Sanche
STATE OF Florida ? C-
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~ COUNTY OF St . Lucie ~
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I HEREBY CERTIFY, that on th~s da~+~ ~~~~~q~t ~ndt~}{5t~e~K1 anci m the County aforesa~d
' ~ ~~'Ci,a no de
~ !o take acknow~edyments, pe~sonally appea~ed e a L to me known ro be the pe~son descr~bed
~ :5'dilt ~8'L~.., • : f .
~ ~n ,~nd who executed the forego~ng ~nstrument and y, ~'~cknOVnlEdged be(ore me that execuTed the same.
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~ WITNESS my hand a~d off~c~a~ seai ~n the County ewd ~ d si~d.thK- day of _~3~ ,
~ A.D., 19 ~ . Y'~ ~ i
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My ComMi • Exp~.es MOi/1R1 NJILK STA1E Oi II~~A AT ~A~
60DIIJV~7 PACE ~f~.~! ~~~5 M, cu,~?~ss,vN ~tuES otcc. ~ ir~z
• ~e. J: ~ ~lOnOip Tt~l Ci~K ~i~ I~a~1~
4-6014-000-7 Rev. 8/77 - 1~• •
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