HomeMy WebLinkAbout2454 u1RECT HOME IMPROVEMENT MORTG~G~r 46340 ~ ~ ~
~YITH FUTURE ADVANCE
THIS MORTGAGE, made u,rS 25th ~>ay of Mav A.O., 192___ , between
E Lula Prince Cooper Joined b~_Delorifl~'~iels~ her ~randdau~hter fhlortyayori aril
Sun Bank of St. Lucie County_ _ _ _ Ihlortgagrel:
' lName of $un Banks
WITNESSETH, that Mortgagor, for and .n consrderat:un of the premises and rn orarr to ircure the paynrent of the pnncrpal arxf
interest on the note las herernaher delrnedl, Mortgagor hereby grants, assrgns transfers and mortyayes to hlortyagrp, rtssuccessorsarxf
assrgns forever, the lollowrng described real property rn ______~t.__LLd.Ci.e_______ County, Flor xla, to wet
Lot 10 of Block "F" Fee and May's Addition to the City of ,
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Ft. Pierce, According to plat recorded in Plat Book 3, Page -~~t:
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48 of the Public Records of St. Lucie County. T.tl~ ._i3~'I
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tl~lldRlrl'_tudci~ RECEIVED: IN-PAYMENT OF TAXES 1
ST. tUC1E CWAITY.FIA ; t 1 • ~ -
ROGER POITRAS 6UE ON CLASS 'C' tNTAN6:BLE PERSONAL PROPERTY.
CLERI(C>Ng11T PURSUANT TO CHAPTER 71-~~4, ACTS OF 1971. O ~
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h~C:,P.flYf~)f1*_'?_ ~S R06ER POITRAZ r ,
c~Eroc altalr I;OWtT, aT. ~ at. FU.
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(hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortyayect Property
and werl defend the same against the lawful claems of all persons whomsoever-
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PROVIDED ALWAYS, that if Lula Prince Cooper and Deloris~Daniels ,the Makerlsl of that
[Insert Namelsil
certain promissory note dated the date hereof (the Note1, thPi T hems, legal representatives or assrgns shall pay to Mortgagee
the prrncepai sum of $ 6,003' 41 as evidenced by the Note, weth interest and upon the terms as provided thereon, the final
maturity date of the Note aril of this Mortgage being May 26 19 84 , whech Note provides that
all installments of principal and interest are payable at the oifece 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 the
payment of the Note, and that if default be made en the payment of any installment thereunder and that rf such default rs not made
good m attordance with the terms of the Note, that the entire principal win and accrued, earned into:est shall become due and payable.
without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement arxd cov-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwrse the same shall remaen
rn full force. Maker covenants to pay the interest and prencipal promptly when due. Mortgagor covenants to pay the taxes and assess-
rtrents on said property; to carry insurance against foe on the building on Said land for not less than S NA ,approved
by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
bur{deng on card land m proper repair.
Thrs Mortgage shall secure not only existeng endebtedness, but also wch future advances, whether such advances are obligatory or
~ to be made at the optron of Mortgagee, or otherwrse, as are made within twenty IZ01 years from the date hereof, to the same extent as
~ rf wch future advances were made on the date of the execution of rhrs Mortgage, but such secured indebtedness shall not exceed at any
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_ ~ trine the maxrmum pnncrpal amount of 5 _ ~ plus interest, and any desbursementz made for the payment
J of taxes, levees, or insurance, on the Mortgaged Property, wnh interest on wch drsbursements_ Any wch future advances, whether
s - obligatory or to be made at the option of the Mortgagee, or otherwrse, may be made either prior to or after the due date of the Note or
- J any other notes secured by thes RAorigage- Thrs Mortgage is given for the specific purpose of securing any and all rndebtednesz by the
' Alaker to Mortgagee (but m no event shall the secured indebtedness exceed at any time the maxrmum pnnupal amount set forth in this
- ? paragraph? rn whatever manner this rrxlebtedness may be evidenced or represented, until rhrs Mor;gage rs satisired of record. All cove-
Hants and agreemen*.s contained rn rhrs fvlortgage shall be applicable to all further advances made by Mortgagee to Maker under rhrs
~ ~ future advance clause.
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Should ony of the above covenants be broken then the Note and all moneys Secured hereby shall, without demand, d the
p hlortgagee, so elect, at once become due and payable and rhrs mortgage may be forecrosecl, and all costs anti expenses of collection and
J= reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by Iegat proceedings or
~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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~ ' IN WITNESS WHEREOF, the Mortgagor has executed rhrs Mortgage as of the date first above set torch.
~ Signed, sealed and delivered
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m Our presence: .
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• ~ ~ r ; r (Mori or) ~
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L ~~y~ ~~'F-? ISEALI
. (Mortg rl
~ STATE OF Florida I
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COUNTY OF $t, Lucie
> I HEREBY CERTIFY, that on rhrs day, before me, an officer duly authorized rn the State of anrdd m the County aforesaid
Lula Frince Cooper and Delori~: els
~ to take acknowledgments, personally appeared t0_ j~0{yb~e the person described
rn and who executed the foregOrng instrument aril they owledyed befa ' ~ ~ executed the same.
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WITNES my hand and offrcral seal rn the County and State last or rd rhrs - pavbir
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A.Q., t
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Notary h i`- r . ;
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C ~~Ar,/1 ACrA~~!~ MyCommrssronExpues:~,-k"~-~+~_I
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F ~b014-000-7 Rev. 8/77 r~~ r..,~,,,.P,~„
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