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Home My WebLink About2233 . OIRECT HOME IINPROVEMENT MpRTGA~E 4498S5 ~ WITH FUTURE AOVANCE ~ THIS MORTGAGE, made th~s 27~ d~V ot ~une A.D., 19 ~Q , betw~en DAVID ALAN RAZSY and CYNTHIA L. RAZEY, his wife ~Mo„~~~ e~a Sun Bank of St. Lucie County ~Mo«~,; INam~ oi Sun Bank1 . WITNESSETH, that Mo~~pagor, tor and in cons~deratwn ol the prem~ses and order to seture the psyment of the prmupal and ~ntlrKt On th! nOt~ ias hereinatter def~nedl, Mo~tgagor herebv qrants, suig~s transiers and mwtgages to Mortpagee, itswccessorsand su~gns torwer, the follohirg deur~bed real {xoperty in St_ Li1C~B County. Fbrda, towit: The west 64 feet of the east 503 feet of Lot 47, MARAVILLA GARDENS, Unit One, as recorded in Plat Book 6, paqe 55, public records of.St. Lucie County, Florida. A~ - S !919 JJL -2 P~ ~ 5 I f«LEO A~hCo FfcTok~~o qe~etv~d ~_._Q:S1-•1n Par~+t Of T.,as Ow On Class "C" Intsnpibl~ P~rsonsl Prop~lll. S RbGER POITRAS~~ - CIERN CIRCUIT COUR ~ To Chaptsr 71. 134. Acb Of 1871. RECORO YERIFtEO RO(iEq pqTpq$ . 449855 ~ s~. co.. ' 1 ~n ~ ` ~ (hereinaiter reterred to as the Mortgx~ed Propertyl: and tl~e Mortgagor does hereby tully warrant the title to the Mortgaged Property ~ and wi~l defend the same a9ainst the lawful claims of all pe~sons whomscever. ~ ~ PROVIDED ALWAYS, that if ~avid Alan Razey & Cynthia L. Razey , the Makerls) oi that l l~ +l+ (Inscrt Namelsl) ! 1~n certain promissory note dated the date hereof Ithe Note1, their heirs, legat representatives or ass~gns shall pay to Mortgagee 4 250 6~ 1 ~ :~E the principal wm of S • • as ev~denced by the Note, w~th interat and upon the terms as provided therein, the tinal LL ~ r ' matur~ty date of the Note and of this Mortgage being June 26 .~g 84 ,~„ih~ch Note prondes that 'y ~ r+,.,~~,'' all installments of principal and interes[ are payabk at the oitice ot Mortgagee, or at wch other ptace as the holder may desig~a[e in actw a, writing, and that eath maker and endorse~ egree to pay all costs ot collettion, inCludi~g a ~easonabte attarney's fee, upon detautt m the ~ a~~ payment ot the Note, and that if default be made in tfu payme~t ot any installme~t thereurxler and that ~f wch detault is ~ot made z,> ~ good m accordance wrth the tnms of the Note, that the mtire principal wm and accrued, earned interest shalt become due and payable ~F-wfY'- without notKe at the optio~ oI the holder thereoi; and shall perform and comply with each and every stipulation, agreement and cov- ~1~ enant oi the Note and of this Mortgage, tF~m th~s Mortgage and the estate hereby created shatl be vod, otherwise the same shall remam ~~t~~o m full torce. Maker covenants to pay the interest and principal promptly when due. Mortyagor covenants to pay the taxa and assess- I ~ F- -J ~ .L = - O'i - ments on sad property; to carry inwrance sgainst f'we on the bu~lding on said land for not less tha~ S~1~t3-- , approved gagee, the policy to be held by the Mortgagee and to keep the 'I ~~~a~l'~lii11 by the Mortgagee, w~th standard mortgage bss clause payable to Mort bu~ldrtg on sad land in proper repeir. ~ . ~ This Mongage shall secure not only ex~uing indebtedness, but also sucA future adva~ces, whether wch advances are obligatory or ~ to be made at the option of Mortgagee, or othe~w~se, as are made w~thin twenty 1201 years irom the date hereof, to the same extent as E if such tuture advances were made on the date oi the execution of this Mortgage, but wch secured mdebtedness shall rat exceed at any ~ ~ t~me the maximum principal amount of S ~la p~us interest, and any d~sbursemsnts made for the payment ~ of taxes, levies, or insurance, on tfie Mortgaged Property, with interest on wch disbursem!nts. A~y wch future adva~ces, whether ~ ~ obtgatory or to be made at the optio~ of the Mortgagee, or otherwiie, may be made either prior to or after the due date o( the Note or ~ G ~ any other nota secured by thn Mortgage. This Mortgage is grven tor the spxific purpose of securing any and a11 ~ndebtedness by the Maker to Mwtgagee (but in no e~eM shall the secured indebtedness exceed at any time !he maximum princ~pal art?ount set forth in this ~ paragraph) m whatever manner this indebtedness may be evidenced o~ represented, until this Mortga9e is sat~sfied of record. All cove- a ;n nants and agreements contamed m this Mortgage shall be applrcable to all further advances made by Mortgagee to Maker under thK ~ tuture advance clause. ~ z ~ Should any oi the above covenants be broken then the Note and all moneys secured hereby shall, w~thout demand, ~i the ~ ~ Mortgagee, so elect, at once become due and payable and thn mortgage may be forec~osed, and a11 costs and expenses ot collect~on and reasonable attorr.eys' tees, ~nclud~ng costs, expenses and reawnable attorneys' ~ees on appeal, 1f coltected by legal proceedmgs or T " ~ through an attorney at law, shall be pad by the Maker, and the same are hereby secured. ~o . ~p IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgac~e as of the date first above set iortfi. g ~ % ~ ! Sgr.ed, akd a~d deHver Dav' A an Razey ~ m our sence: ~ ~ \ F (SEAL) ~ (Mortgagor ~ Q~ (SEAIi q thia L~""°`~~ey ~ STATE OF Florida ~ 4 ~ t ' COUNTYOF St. Lucie ~ ' 1 HEREBY CERTIFY, that on th~s day, before me, an officer duly authonzed ~n the State aioresad and m the CouMy aforesard ~ to take acknowledgments, personally appeared David &~yn~hia Razey to me known to be the person dcKCnbed } T ~n and who executed the foreqomg mstrument and Y~ eElfrwN~ladged betore me that th~-'y execu~ed ttu same. WI fNESS my hand and ofl~ual seal ~n the County u~d ~ ~p .d th$ 27th day of June , u ! A.D.. 19 . l: / . . ~ ' , . . ~ R t~. ~ C:' A A1 l/?K~ ~QC~ Q . My Comm row ExP~ a 190Z ~ 3 ~i+w~Vir~ ~ ~ • - - $ AIrE - : ~ . • ~ Mt CuM~'I?ISiI~~ • ~iMIV~ ~ 4-60t4-000-7 Rev. 8/77 - ~ . . . ..•,.i~ Yrl ~K