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HomeMy WebLinkAbout0947 DiHECT HOME IMPROVEMENT MORTGA+GE a~~~,~ ~ I ~ r N FUTURE ADVANCE ~ THIS MORTGAGE. m:ale ~h~s _ 6th day ot ____June__--__ - _ , A p , 19 __~9_ , betwrrn James M. Corbett and Panlette Corbett, his wif•_ ~M~«y~~~~ 3~ 5un an o t: ucie ~ounty ----i - - ~ ~ - a~iy,x,jrel: INameot Sun B~nk! WlTNESSETN, that Mo~tyaqo+, fu~ a~Kl ~n conside~at~Un OI ihe p~em~ses and in mde~ to ~•cu~r thr paymenl ul ih¢ piinc~pai a~x1 ~ntr~est on the note las he~e~na~~e~ Ue~~nctifl, klortyayo~ he~ebV 4~ants, ais~gns franslers and mo~tip?yes ~o Moity,sgec, ~tstuccesso•sa~xt ass~gns forerer, the (onow~ng descr~ecf rea~ prop~~ty $t. I'uCie Coiu~~y, florrW, to ~v~l: Lot 7, Block 15, SUNRISE ESTATES, as per plat thereof recorded in Plat Book 8, page 75, of the Public Records of St. Lucie County, Florida RECEiVED f IN PAYNt.N? Of ?fU(ES ~Tt113 ~3 a Secon~ 8$ ~ G6't ON CLASS •C' INTAlIC`BLE PFR'~Nrt PwJPf?:Tr~ tJ~~~ ~ r~ 2' ~8 Pl';:S~~i~N1 TO LEL!PTE4 T1•131, ACtS ~ 1~~1. RO@EA P3{iRAi ILEO ANG hc.CUnuEU aEAR q~i C~Y~ =j~ ~t.~vcrE cour+tr.F~a. ~ ROGER POITRAS cLERK CIRCUIT CO~l~tyj ~ . P~'.~OgD Yf R`F!~o ~ : ~~;s 4~'~214 -~1 Ihere~nafte~ rele.red to as the Mortqaged Proprrtyl; nncl the Mortgagor does hereby Iuliy wanant the t~Ue to the Mor~gagecf Prope~ty and w~il defend the same aga~nst the Iawiui cla~ms oi all personz whomsoever . 3 r~~ PROVIDEU AlWAVS. ~nat ~r _ James M. ~ Paulette Corbett ~ the Maker(sl ot that Zi. ` ~ ` ,j~ [Insert Name(sli ' certam prom~ssory note dated the date hereot (the Notel, their heus, 1¢gai rep~eseMatrvei or asvyns shal! pay to Mortyagee , the pri~apal sum of a 8s04b.2~4 as ev~de~ceJ b the Note, w~th Mte~est ancf u Y ~n the terms as prov~decf there,n, the hnal • f~ • r ~ ~tunty date of the Note arnf of th~s Morigage be~n June 21 89 1 9 ~ 19 , wh~ch IYote prov~des that ' . aH ~nstallments of pr~nupal and ~rtterest are payable at ihe oihce oi Mortqagee, or at wch other pl~e as the holder may des~ynate ~n j wr~ung, and that each make~ a~d endorser agree t~ pay all costs of cotlechon, ~nciud~ng a reasonabie attor~y's fer, upon default m the . ~'f PaYment of the Note, ard that rf defauh be made in the payment ot a~y ~nstalime~t Ihereunder and that if wch default ~s not macle good m accordante wrth the terms oi the Note, that the ent~re pnnupal wm ancl accrued, earned ~nterest sAall become due ancl payable 3~ wrthout not~ce at the optro~ of the hokler thereol: and shall per(orm and compiy w~th each arxl every st~~wlat~on, agreement arxl cov- ~ enant ot the Note ar.d p( Ih~s Mort~}aqe, then th~s Mortgage and the eitate hereby created shall be vo~d, othe~w~se the same sha!! remain _ ; ,n fu11 to~ce Maker covenants to pay the mterest and pnn~~pal promptly when due. Mortgayor ccvenants tqr,pay the taxes aM assess ments on sa~d property, to carry ~nzurance aga~nst fne on the bu~ld~ng on sa~d lancl tor not less than 5__ _ tv~ , approved : by the Mortgagee, w~th ztarclard mpigage loss clause payabie to Nbrtgagee, ihe pol,~y to be held by the Mortqa9ee and to krep the bwlding on sa~d land m prope~ repa~r. Thn Mor~g~ shall secu~e not only ex~stmg mdebtecl~ess, but a15,p wch tuture aclvances, whether such advances are ~I~ga~ory or " to be made at ihe opt~on ot Mortgagee, or oth¢rwise, az a~e made wrthen twenly !20! yea~s lrom !he da~e hereof, to the same rxtPnt at ~ ~f wch tuture advances were made o~ ihe da[e of the execut~on ot It~~s Mort ~ 9age, but iuch secured ~ndrbted~ess shall not exceed at any ~ ~ J t~me the max~mum pr.nc~pal arrount of $ _ _ plus interest, and any chsbursrments macle tor Ihe paymenl 3 of taxes, tevies, or msurante, on the Mortc~aged Property, wnh interest on wch d~sbursements. Any wch future advances, whether oblgaTOry or to be made at the opt~on of the Mo+tga~ee, o~ otherw~se, may be made erthe~ pr~or to or aher the due date o1 tAe Note o~ `T any other notes secured by th~s Mort e. Th~s Mort ~s ~ven tor the ~ 9ag 9age g spec~i~c pu~pose of secur~ng any arxl a11 ~ncfebtedness by the ` Maker to Mortgagee (but ~n no pvent shaii ihe secured ~ndebtedness exceed at any hme the max~mum prmc~pai amount set forth ~n th~s = Pa~ag~aph? ~n whatever manner thrs ~ndebtedness may be ev,denced or represented, unt~! th~s Moitgaqe ~s sausf~ed oi record. All cove~ ~ ~ants and agreements conta~ned ~n this Mortgage shali be appl~cable to alt further advan~es macfe by Mortgagee to PAaker urufer ~h~s ~ future aclva~ce ciause : ~ w S?wuld any ot tY.e above coverants t~e broken then the Note ancl all monrys sr.curcd hereby shail, wnhout dr,ma~~d, the Mortgagee, so elect, at once become due arxi payab~e and th~s mortyage may be fpreclosecl, arxi all cotits and e,per~s~s of collect~o~ arK1 reasonable attorneys' }ees, includ+ng cozts, expenses anef reawnable attomeys' fees on appeal, ~f ~oliect•rd by leqa~ proc~r~timys ~ir x: throuqh an attorney at 1aw, shall be pa~d by ihe Maker, arxf the same a~e hereby secured. J IN WlTNESS WHEREOF, the A1nrlgagor has ez.:cu~crf th~s Mortyage as of thv ~dte hrst :~bovo• sN! fr~.rh ?i ~ S~ynpc~, ivatetl arx] delrver¢~ our presen - ~ , ~ _ ~l i~'_`~~=t~~~ - - ' ~p~~ ISEAL) / (Mo~ igeqor ) 1.-._ t - ~ ~/~~~T. ISEAII (Mor u}agor ? STATE OF Florfda ? COUNTY OF $t. Lucie ~ . ~b.?} r,... ' - . 1 HEREBY CERTIFY, that on t~~s day, before me, an ofY ~y suthd?+ted m the State atoresa~cf ar,d in thr County aforesa~d ~ to take acknowtedgmnnts, pe~sonally anpNared J~eB H• te•-Corbet~ me knqrvn fu be rhe ~rwn descr~bed ~n a~d whp exewted the foreqo~ng ~nstrument ard t ~Oarledqed betore me that thevexecute.l the wme. WITNE~,lny haM a~cf olf~ual sear ~n ~he County and Ststb lijt ijq~ 6th day ot June AO.t9_- y 'L . ` ~ , ~ s .i MGTAl.~/' ybJje.~. , h. 3~R.? ~10 oAC: ~~7 ""Y co~,~~~.~~; . ~ --v i~r•.tr :7R" 'v" ' A' ~o~i14-000-7Rev.8/77 ::,NS~,St, . , ~ - ~.-i~w:~NM?~^~'~tU~v~W:'.~... E~HUt.~e1•~µ / ~l ~ 1