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DIRECT HOME IMPROVEMENT r~O~~~~~~
WITH FUTURE ADVANCE
THIS MORTGAGE, made this 12th day of JLDle A O . 19 79 .between
La P Hi hle and Laura S Highley, his wife (Mortgagor) and
dun man c o t Lucie County ~ (Mortgagee):
(Name of Sun Bankl
WITNESSETH, that Mortgagor, for and .n constderatton of the premises and rn order to secure the payment of the pnncrpal and !
tnterest on the note (as hereinafter deltnedl. Mortgagor hereby grants, auigns uansfers and mortgages to Mortgagee, its successors and !t
auigns forever, the following described real property m SL 11C1L ~ County, Fbrda, to wit:
Lot 6, Block 280, PORT ST. LUCIE SECTION STATE ~F F LO R ~ C
ONE, according to the Plat thereof DOCUMENTARY ,~STgMp *n>
recorded in Plat Book 11, Page 53, Public aErr-
o~~
~EYEru~
Records, St. Lucie County, Florida. pa __.,ullle•tg ~ ~ 5
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1919 JUG 18 P! ~ 07 o ~y P?
~ s
FFILED AHfl FtC+;ttui 0 P(?lt~y~ SS ~C' /NT~yB B IN PBy~fHT Uf T'~ft
S/ ST.LUCIECOI1t~lY.FIA. ~ 111 cNgpTf.i ,if PFRSDIf
'3- tXERK CIRCUIT
CQUS pltCyjT CpOAT Js~.pC1T~
S Of 18~?fRTMi
' RECORD ~'ERl::EQ~p~~~~ • SJ, ~ ~
4 ''7748288
(hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property I
and wirl defend the same against the lawful clarrns of all persons whomsoever.
PROVIDED ALWAYS, that if Larry P and Lai ra S ~ghLe~ ,the Maker(s) of that
' (Insert Namelsil
certain promissory note dated the date hereof (the Note1, their hears, legal representatives or assigns shall pay to Mortgagee
the principa! sum of S 7,432.53 as evidenced by the Note, with interest and upon the terms as provided therein, the final .
maturity date of the Note and of this Mortgage being July 7 , 19 84 ,which Note provides that
all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate rn
writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the
payment of the Note, and that if default be made in 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 entire principal win and accrued, ~rned interest shat! become due and payable
without notice at the option of the pokier thereof; and shall perform and comply with each and every stipulation, agreement and cov-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes acrd assess-
ments on said property; to carry insurance against fire on the building on said land for not less than $ n/a ,approved
by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be hekd by the Mortgagee and to keep the
l buildrrsg on said lard in proper repair.
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This Mortgage shall secure not only existing indebtedness, but also such future advances, whether wch advances are obligatory or
to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
if wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
> O t,me the maximum principal amount of S n/a plus interest, and any disbursements made fGr the payment
gaged operty, with interest on wch disbursements. Any such future advances, whether
_ ' of taxes, levies, or inwrance, on the Mort Pr
~ ~ oblgatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or
~ ~ ~ any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the
tit ~ I Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum prinapal amount set forth in this
a ~ paragraph) in whatever manner this indebtedness may be evidenced o? represented, until this Mortgage is satisfrr!d of record. AU cove=
t ' Hants and agreements contained rn this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
I ~ ~ future advance clause.
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$ z ~ix ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, d the
Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collectton and
~ ~ reasonable atiorne s" fees, includi costs, ex erases and reasonable attorne s' fees on a
e i ~ y n9 p y ppeal, tf collected by legal proceedings or
~ through an attorney at law, shall be pad by the Maker, and the same are hereby secured.
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C';~ , IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date fast above set forth.
S ned, sealsd and delivered
s m ou resence: ;
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(SEAL)
. Hi s
~ r
s ` (SEAL)
r Laura S Hig ~tgago?
STATE OF FLORIDA _
1 '
COUNTY OF ST LUCIE.
I HEREBY CERTIFY
`th r'Ot!.IFri4 dey, before me, an officer duly authonred in the State aforesad and to the County aforesaid 8
to take acknowl 'Y ~ ~ ~ La P ~ Laura S Hi hl
edgmenti,'pD~OttbUy id rTy g ~ to me known to be the person described
to and who executed the (Ring irlstlurtlgAt~artd ,t E'-V acknowledged before me that th--
PT executed the same.
£fi+ WITNE,~my~ygd tS~tiGial seal in.i~County and State oresard this day of ~Tt**+,Pfe
_ Notary blic t~
` `ass My i1a0~(fe'SFAIE OF fIORIdA ~ ~
~ Q . ~ GOMAMIts31GN E7~1~S OGT .
o-sofa-o0o-7 Rev. sn7 3~~K ~10 pA~t-~r WS ~ ~ ~ M~• 1~~
E . scuun ?,en
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