HomeMy WebLinkAbout2457 DIRECT HOME IMPROVEMENT MORTGAGE 446343 ~ ~
WITH FUTURE ADVANCE
30th Ma
THIS MORTGAGE, made tnis tray of A.O., 19 __79_ , t)elween'
Geor a L. En land Sr. Katherine En~l$nsi,__h.i~Taife_- 1Mortyagorl and
dun Banco St . Lucie County _ ,Mo,,yay~l.
(Nameot Sun Bank
WITNESSETH, that Mortgayor, for arxf rn consider atwn of the premises arx! in order to secure the payment of the principal and
interest On the note las hereinafter definedl, Mortgagor her(.•by yr ts, assi ass tr nsfers and mortgages t0 Mortgagee, its successors and
~t . ~ruc~e
assigns forever, the following described rear property in County, Fbrida, toms:
Lots 19, 20 and 21, Block 22, INDIAN RIVER ESTATES, UNIT ~~6,
according to the plat thereof on file in Plat Book 10, on
page 57, public records of St. Lucie County, Florida.
3-~~'
_ ~ Q IN PAYMENT OF TkX:S '9T9 r` 3 I PH ~ 53
~ t+.1,
- . ! t RECEIVED Z IyTA1+6 SlE PERSONAL PRO?[r.Tr,
DUE ON CLASS 'C' TEk 71.~V+• ACTS Of 19)i. FILEO ANt~ fiECCk~c L
PWtSUA11T TO CHaP R~GeR PWTI,AS ST.LUCIE CGL!VTY.FIA.
• K C~CyR CWRT. St. f`pCIE G!•• Fu. ~ CLERK C RCUIT CQUR
rf . ` aER
RECORa Yc RIF' n ~_1~t'Q L•~~
446343
s_ (hereinafter rote+red to as the Mortgaged Prope+tyl: arxl the Mortgayor does hereby iully warrant the title to the Mortgaged Property
_ ~ and wul defend the same against the lawful claims of all persons whomsoever.
E PROVIDED ALWAYS, that if George L . England Sr . &
i the hlakerls) of that
- ' (Insert Namelsl I
certain promissory note date(1 the crate hereof (the Notel, their hens, legal representatives or assigns shall pay to Mortyagee
• ` ' the pnnapal sum of $ 2 , 346.78 as evidenced by the Note, with interest ancf upon the terms as provided therein, the final
_ maturity date of the Note and of this Mortgage being June 1 19 84 ,which Note provides that
, . all instatiments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate m
wasting, and tha*, each maker and endorser agree to pay alt costs of collection, including a reasonable attorney's (ee, upon default m the
payment of the Note, and that rt default be matte rn the payment of any installment thereunder and that if such default is not made
good in accordance with the terms of the Note, that the enure pr u)upal vim and accrued, earned interest shall become due and payable
washout nOhce at the option of the holder thereof: and shall perform and comply with each and every stipulation, agreemynt and cov-
enant of the Note and of this Mortgage, then this Mortgage arxl the estate ht_re!)y created shall be void, otherwise the same shall remain
in full force. Maker covenants to pay [he interest arxf princq)al promptly whyn due. Mortgagor covenants to pay the taxes and assess-
ments On said property; to carry insurance ayamSt fire On the !wilding on said land for not less than $ , approved
by the Mortgagee, wrih standard matgagy toss clause payable to Mortgagt~, the pot~cy to be held by the Mortyagee and to keep the
building on said land m proper repair.
i
~ This Mortgage shall secure not only exisrinq mdebttKlness, but also wch future advances, whether such advances are ot)ligatory or
~ [o be matte at the option of Mortgagee, or otherwise, as are made within twenty (201 years Loin the (late hereof, to the same extent as
,f such Tutute advances were made on the date of the execution of this Mortgage, but such sycure(1 mrlebt!Yfness shall not exceed at any
r
i _ time the maximum pr ~ncipai amount of $ plus interest, arxf any disbursements made for the payment
~ t of taxes, levies, or insurance, on the Mortgaged Prepthty, with interest on wch disbursements. Any such future advances, whether
E obligatory or to be made at the option of the h'rotgagee, or othe+wrse, may be made ydher prior to or after thy due date tit the dote or
_ any other notes secured by tt,is i,Anrtgage. This Alortgaye rs given for the specific purlx~sc of securing any arxl all ;ndebtedress by the
~ Maker to Mortgagee Ibut .r, no event shalt the secured indebtedness exceed at any time the maximum principal amount set forth rn this
~ paragraph) m whatever manne• ;his inrlebte(iness may tx+ evidenced or represented, until this Mortgage is sahsfryd of recorri. Atl cove-
: " ~ Hants and agreements contained in this hlortgagy shall be applicably to all further zidvanees ma(ie by Mortgagee to Maker under this
rU[Ure advan CC Clal)Se.
S - fj
~ `f $hould any Of thr at)ovt• covtnants i)e brokrn th.rn th•~ Nnte and all monrrYS secured hereby shall, without demand, it the
G h1o~ !gage?, so etect• at onre beeonie due and payable and the mortgage may t>•' (oreclost•(i, and all costs and expenses of r_ollect+on arxf
= reasonable at[orneys~ `•ees, including costs, expenses and reasonable attorneys legs on appear, .f collected by Iegai pcocttrrdinys or
- id ?hrough an attorney at law, shall b•• parcf by the Maker• arx) the lime are hereby zecure<i.
ti
- IN WITNESS WHEREOF, the P,1nr.gngor has vx.•cuLYi This Mortgage as of the dare fist at)ove se± forth.
$.yned, sr'al~'tt and cry:iver~ri / )
a 'n Our pr Y, / /
- - , - - r e - - ~i i~d--- Sr-- -
- ' - - --X~-- - - - _ (SEAL)
7 (hloru~
Katherine Engl~ rid
sTATE of Florida I
I
1 COUNTY OF St . Lucie i ~ i
ty - -
s.:
R -
v. oe qti• y? a t~.Lrt t[~' tats aforysaRf ,irxt ~n thv Lour.+y aforesaid
+ I HEREBY CERTIFY rha• on tn,s as f ff
a f~l~ C Cl. • J
p..
?o take aCknO'.v:ydgmrnts, F~ersonauy appyaryd SY ~ to me knn,~n ;o by the rY)n described
r t~
n .
.n and who yxycute(1 the forego•ny n?,rrument and t e s ~ f~foi'~ my thar - - _~}i•x••cuted the same.
' 1VITNF.$$,my harxi a~.d of!:~;ai seal ~n ;he Cr~unty and St~ie ~ i~ ' _ stay of M~~,
~
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My ComrY116S~OM1'rtiW{st>i
t'('~-. - li'
:f" 'S.~
lAfr~ ter.+~;.. i
a 6014-000-7 Rev. 8/77 ~ o
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