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HomeMy WebLinkAbout1542 i~ DIRECT HOME IMPROVEMENT u . ~ MORTGAC~ ~ ' w~TH FUTURE ADVANCE / THIS MORTGAGE, made this 2~th dsy o( 'T~@ , A.D., 19 79 , betweM ~ Jeff L. Thomaa aud Bliza L. Thomaeti his irife ~ • ~Mo.~~o~~ a~a 3 Sun Ban o St. Lucie County ~ ~Mongapeel: (Name ot Sun Bank~ WITNESSETH, th~t Mort9agor, lor and ~n co~s~derat~on ot the prem~ses and ~n order to secure the paymen[ ot the pr~ncipal and lnterest on the note (ss heremafta deilned), Matgagor hmeby g~aMS, ass~grts t~anste~s and mwtgages to Mortgayee, rts wcceuors and assigns torever, t1?t loilow~ng descrbed reai prope.ty in St. Lucie County, Fbr~da, to w~t: Lots 11 and 12, Block 3, SUNLAAID GARDENS SUBDIVISION, according to the plat thereof as recorded in Plat Book 8, Page 32 of the Public Records = . of St. Lucie County, Florida. - - - - - ~ ~ c ` ~ S ~ ~ p~ ~ . . ~ t t t .Tt?is is a Second Mortgage) ~ ~ ~ ''1' Y~~'~~ ~ 1 '919 JV!if G U ~!1 ~ 7 ~ ~1f~1~1t ~ 1'w~ 2:-~~~ r ~~~..,:ass ~c" intarqibMPersona! -s-,~s ; Fi~~o ,etiu ?~ECUauc~ ° Cnaan.71. t34, Aca ot t8~~ ` SLlUC1E CCJlilY.flA. R~ER ~ ' 2'W RDGERPQI7RAS TAA$ g ~ ° ~S' ~ " CLERK CtRCUIT CO C~h j! ; i-- w N ~ ~~.I~C1s. Co., p~~ ~ `iZ~% a R:CCR~ L'tRii:FC_ ~ r~ y ~ , N . . 449462 ` _ )iJ m~ ~ ~ ~ ~ ~ ' ' (here~na(ter referred to as the Mwtgaged Propertyl; and the Mortgayor does hereby tulfy war~am the t~tle to the Mortgaged Property i 1 l l.~ I! and wi~l defend the same against tMe iawiul claims ot all persons whomsoever. _ I~ a ~ PROVIDED AIWAYS, that if Jeff L. ~ Eliza L. Tt10IDS8 , the Makerlsl of that (tnsert Namefsl) _J:iE certain omissor ~ote dated the date hereof (the Notel, their ~~s, ' ~ y- r W Y leyal representat~ves or ass~gnz shall pay to Mortgagee • the principal wm ot S 6~2~7 . 5~ as ewdenced by the Note, with ~nterest and upon the terms as provided therein, the final maturity date of the Note and of this Mortga9e being J~y 6 , 19 89 , which Note prov~des ttiat ~ all i~stallments of principal and interest are payable at the office of Mortgagee, or at such other place as the holder may designate in writing, a+xi that each maker and endorser agree to pay all costs of cotlection, including a reasonable attorney's fee, upon default in the payment'oi ihe Note, and that if default be made in the payme~t of any instaltment thereurxler and that 1t wch detault is not made good i~ accordance with the terms of the Nlote, that the entire princ~al wm and accrued, ~rned interest shall become due a~d payable t wrthout ~otice at the option of the holde? thereof; and shall perform and com ty with each and eve.y stipulat~on, ~ P agreement and cov- enant oi the Note and of this Mortgage, then thls Mortgage and the estate hereby created shall be void, otherwise the same shall remai~ in full torce_ Maker covenants to pay the interest and princ~pal promptly when due. Mortgagor covenants to pnay the taxes and assess- 8 ments on sad property; to carry inwrance against fKe on the bu~lding on said land tor not less than S , approved by the Mortgagee, with standard mortgage loss dause payable to Mortgagee, the policy to be heW by the Mortgagee and to keep the ~ bu~lding on said land in proper repair_ # ~ This Mortgage shall secure not only existing indebtedness, but also such future advances, whether wch ailvances are oblgatory or ; ~ ~ to be made at the option of Mortgagee, or otherw~se, as are made wi[hin twenty (20) years from the date hereo(, to the same extent as ~ ~ if such tuture advanca were made on the date of the execution oi this Mortgage, but wch secured ~ndebtedness shall not exceed at any t~me the maximum rinc t amount oi na i ' Ui p ~ S p~us interest, and a~y disbursements made for the payment ~ ~ I of taxes, levies, or i~wrance, on the Mortgaged Property, with interest on wch disbursements. Any wth tuture advances, whether ~ ~ obtgatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or afte? the due daie of the Note or ~ ~ V any other notes setured by ihis Mortgage. This Morteya~e is given tor the specific purpose ot secur~ng any and all mdebtedneu by the ' ~ ~ a Maker to Morigagee (but in no event sha11 the secured indebtedness exceed at any time the max~mum principal amount set fo?th in this ~ paragraph) in whatever manner this indebtedneis may be evidenced or represented, uMil this Mortgage K satisfied of retord. All cove- ~ L: nants and agreements conta~ned in this Mortgage shal! be applicable to all further advances made by Mortgagee to Maker under thK ~ ~ ~ ~ ~ (uture advance dause- ~ ~ L' a pp ~-{j w + ~ ? c; p~ Should any of the above covenants be broken the~ the Note and aIl moneys secured hereby shall, w~Thout demand, it the ; ~ Mortgagee, so e~ect, at once become due and payable and thK mortgage may be toreclosed, and all costs and expenses of collec~~on and ~ = ~y ~ reasonable attorneys' fees, ~ncluding costs, expenses and reasonable attorneyi fees on appeal, ~i collected by legal proceed~ngs or ~ ro~ through an atrorney at law, shall be paid by the Maker, and the same are hereby secured. s a1 ` e Z ~ ~ f IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as ot the date t~rst above set fosth. ~ ~ _ .a v~~ ,~-r=--~. ? ~ Sgned, sealed and dNrvered r 't ~nour i ~ : / ~ ~ pre nce: _ ~ ~ x / ~ v - ~ (SEAL) ~ ( or r) ; ~ ~ ~ ISEAl1 3 ~ . (Mortgagor? ~ ~ STATE OF Florida ~ ~ ; ~ St. Lucie ~ ~ =3-•~•~- ~ ` COUNTY OF ~ ~l ~ ~~~E;,, . ~ a1 . '•y;e'.~•~: ~ ~ I HEREBY CERTIFY, that on thn day, betore me, an oifiter d~l~.ji ~~i;~•~ ~ ~~Ste atoresad and m the County atoresa~d ' Jeff L. & El ' to take acknowledgments, pe~sonally appPared ~ ; f~ me known to be the pe.son deu~~bed ' ~ • - . ; ~n and who executed thx tor m mstrument and ' ` ~ 9 belw4tpq that thev executed the same. ~ WITNESS my hand and otfK~al seal ~n the County and State I~tt ~ ~y o~ June , ~ A O., 19 - ; `~'~~r~` ; _ ~ • . t ~ ~ ~ Nota F 's My Comm~u'~o 'E~xWrpli;~`•t•- . r ~ c ~•~r .a ` , ~ ~ e `211 ~ ~ ~ ~ . - . _ ~ . . snnv