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HomeMy WebLinkAbout0990 oiRECT HOME IMPROVEMENT ~ MORTGAGE ~ WITH FUTURE ADVANCE t -~p i THIS MORTGAGE, made th~s 22~~ day ot +1L1T1e . A.U.. 19 between' (Mortgagor) aod ~ Sun aaz~k. of S t.~iic { e C~sns,~ ~Mo~t~.?: (Name ot Sun Bank) WITNESSETH, that Mo~tgagor, tor and ~n cons~derat~on of the prem~ses and ~n order to secure the payment of the pr~nupal a~d ~nterost on the note (as here~nalter def~nedl. Mor~gagor haeby grams, au~gns translers and mortga9es to Mortgagee, ~IS successors and ass~9~s lo~ever, the tollow~ng deunbed real proper~y ~ S~'• T~~,~ (~~1~ County. Fbrda, to w~t: ~ Lots 4 and 5, Block E, ~i~DNY I~IG~II'S A~7DITI0[V, as pe~c p],at thereof an file in Plat Book 8~ page 38~ of the pUblic recorda of St, Luc3,e Co~nty, F'la. . , ~ ~ STATE ~F FL(~i?ii=~.r~ i , ~.j DOCUMENIARY.~:=.:.=:~ S1AMf= ~ , ~ ` DEPT JF A.EYE?~iUE ~ ~~E ~,~i~ ~ i r ~ o _ _ ~ud2i'19 ~:r~rt~~ ~ 0 ~ ~ ~ ~ P4 = . _ _ :;3~- ~ 1 ' l,~ ~ . . ~ !919 JU1~ 26 AN il~ 12 fILEO Ak0 k-COn~k~ Si.LUC4ECGUt~tY.FIR. _ ~.7~ RptER POITRA5 RECEryEp IN pAyM~MT Of i1U(FS ~~~ypCU11 C0~ DUF 011 CLASS 'C' IATAMC~BLE PfRSO.KAL s~__4 . PURSJANT TO tHhPT~' 71- ~4, f,~iS Gf 197~,~EdTr~ p~t:O~O t _~,t. tE _ ~7 &OeFB P~(T1il?t 4`3~7i~7o pRGItT CWitT. ST. LIIC~E 0~ RA. ihere~nafter referred to as the Mortgaged Property?; and the Mortgagor does hereby iully warrant the t~tle to the Mortgagetl Property and w~il detend the same agamst the lawful cla~ms ot all persons whomsoever. PROVIDED ALWAYS, that ~1 ai~i6.~.i~.s~& ~1A1 J Pc'~~,,Sh , the Makerls) of that " ilnsert Name(sll certain prom~ssory note dated the date hereof (the Notel, L,tir~~C- ~~rs, legai representat~ves or ass~gns shall pay to Mortsagee the pr~nupal sum ot S~ 374. ~ as ev~denced by the Note, with ~~terest and upon the teprms as prov~ded therein, the final matur~ty date ot the Note and o! th~s Mortgage be~ng `J~e 26 , 19 ~`'t , wh~ch Note prov~des that a~l ~nstaliments ot pr~nc~pal and ~nterest are payable at the oft~ce ol Mortgagee, or at wch other plxe as the holder may des~gnate ~n wr~t~ng, and that eacA maker and endorser agree to pay all costs ol collecuon, ~nclud~ng a reasonable attorney's ~ee, upon defauli m the payment of the Note, arxf that if detault be made m the payment of any instaltment thereunder a~d that d wch detault is not made gpod in accordance wrth the terms ot the Note, that the entire pr mc~pal wm and accrued, earned mterest shall become due and payable w~thout not~ce at the option oi the holder thereot; and shall perform and compty w~th each and every st~pulatan, agreement and cov- enant of the Note arxf oi th~s Mortgage, then th~s Mortgage arxl the estate hereby creatzd shalt be vo~d, otherNnse the same shall remam m fu11 force. Maker covenants to pay the ~nterest and pnnupal promptly when due. Mortgagor covenants to pay the taxez and assess- ments on sa~d property; to carry ~nw~ance aga~nst (~re on the tw~ld~ng on sa~d land for not {ess than S~a , approved by the Mortgagee, wnh starxlard mat9age loss dause payable to Mortgagee, the pol'cy to be held by the Mortgagee and to keep the bu~W~ng on sa~d land ~n prppet repair. _ ; Th~s Mortgage shall secure not only exist~ng ~ndebtedness, but also wch future advances, whether wch advances are oblgatory or I. . to be made at the opt~on o1 Mortgagee, or otherw~se, as are ma[fe wrthm twenty 120~ years from the date hereof, to the same extent as f ~f wch future advances we~e made on the da[e of fhe execut~on of th~s Mortgage, but wch secured ~ndebteciness shall ~ot exceed at any _ ~ t~me the max~mum pnnupal amount oF lU a plus ~nterest, and any d~sbursements made for the payment ~ _ of taxes, lev~es, or insurance, on the hlortgagecl Property, w~th ~nterest on wch d~sbursements. Any wch tuture adva~ces, whether ~ ~ oblgatory or to be made at the opt~on ot the Mor.gagee, or otherw~se, may be made erther pnor to or after the due date of Ihe Note or i < any other rtotes secured by thn Mortgage. Th~s Morigage ~s g~ven for the spea~~c purpose ot secunng any and all ~ndebtedness by tbe ~ f _ Maker to Mort9agee (but in no event shall the secured mdebtedness exceed at any tune the max~mum prmapal amount set forth m thiz ~ .~p-..~.,_ r~y.. ~ ~ T~~ ~~:a3:ap`1 :r. :.l:a;r~r: r.:a^^~c :h:s :~eV:e~r.~; ma•• be P-.~:~er.cr.! o~ . unr:! th•s l,yo•;^ ~~t::*.:~d oi .ern.d. All cove- nants and aareements conta~ned ~n th~s Mortqaqe iha~I. be appl~cable to all further advartces made by Nlortgagee to Maker under th~s E ~ ~ future advance c~ause. Should any ot_ the above covenants be broken then the Note arxi aiI moneys sewred hereby shall, wrthout drmand, d the ~ ` ~~V' .C~i^ hlortgagee, so etect, at once become due arxl poyabie and th~s mortgage may be ioreclos^d, and all costs and expenzes o} rollect~on a~d o =~i reasonable 3ttorneys' 1ees, mclud~ng cosis, eapenses and reasonabte atiomeys' tees on appea~, ~f coltecteA by legal proceed~~gs or ~ chrough an atto~ney at taw, shalt be pa+d by the Maker, arxf The same are hereby secured. ~ , ~ ~ IN WITNESS WHEREOF, tne Mortga9or has execured th~s Morty3ge as of the date I~rst above set forth. ~ - C/~l~t L~ Sgned. seaieci anA dei~vrrref ~IJG~ L. Parrish ~ ou~ sence: i' ~ ~'v ~ _ ISEALI F ' 1Mortyagorl e • # ISEAI) ~ ~ (Mortqd9or) s Helen J. Parrish ' STATE OF ,~0~~ 1 1 COUNTY OF St. I~]C~ 1 . ~ i HEHEBY CERTIFY, tnat on tn~s dav, before me, an off~cef <,~uly author~red ~n the S~ate aforesa~d ar~ m tt+e County atoresad 3 to :ake aCknowledgmeMS, pessondlly appear~~ ' _ J• P~iSho me known to be the person descnbed ~ jr,•• ' 1~:, ~ in dnd who e~ecuted the iprego~ng ~~strument aM_ ~ noWledged before me that ~ executed the same. ~ . WIT S my har+d a~d oft~c~al sea~ ~n the COw+ty ~ ~ r~,thK _2~4[~ day of Jlt1e , ~ A_D , 19 ~ ; - ~ + ; ' ' ~ t: ~ ~ t tary Putlt~'- y... A(:f '70~7 ~ . i BL~J~~~ P •~~j~~~~~~+~,~,•~ _ XP'~~?AR1 /ulK AA1E Oi.ROUQA AT ~/Ir'~ ~~F ~~p;;~~': ~It CWMe~ISSlcxr ~VI~Ei OEC 9 19t? . e_an~~.w.~o~. Qn~ ~y- _ - - • °