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HomeMy WebLinkAbout2236 ,4_t - ~ - - ' i . DIAECT MOME IMPROVEMENT ' MORTGAGE • / wfTH FUTURE AOVANCE . ~ ~ . 449858 ~ THIS MORTGAGE, m~de this 2ath dsy ot J~@ , A.~., 19 , between ~ Bobby Joe Hill and Suetta Fislds Hill, his ~ife u~~~~,? s,+a ~ Sun Bank of St. Lucie Couaty 1Mo~~9a~e.?: i lName of Sun B~~k1 . , ' WITNESSETH, that Mort9ayor, tor s~d in cons~de~stwn ol tlu premises and u? ordtr to secure the paymtnt ot the principal and int~rest on th~ not~ lss h~rtinaftK definedl, Mortgaqor hersby qr~nts. sss~yns translavs and mortya~es to Mortyapa~, ns wcteuors snd ssspns (ortwr, tM Iolbwirg d~stribed resl p?operty in ~,~i....~e Countv. Fbrda. co wit: ; i Lota 33 and 34 0~ Block 2, of WAGNB~ SUBDIVISION, as per plat thereof on. j file in Plat Book 9, page 74, of the Public Records of St. Lucie County, ` Florida. t ~~~o i9T9 JUl -2 P~t ~ 52 ~ 3 , ~ E ~ ~ ~~~4~~P~OI~RA g. .O ~ Reosived • q.ERK C!RC~1!* In Peym~n~ Of Tana - if Dus On Clsss "C" Inta - RECOitD V~f•1~~ Pur~aM To C ~tK 71. 134. /?~q p f 1871. (This is a Second Mortgage) R °aEa Rarn~s ~el 449858 ~~n c~ st. u,~,.. oo.. A..'~ ~ - ~ ~ 0 ~ ~ ~ - i . cp . Z~ 0 (hereinafte? referred to as the Mortgaged Propertyl; and the Mortyapor does hereby tu11y warrant the title to ihe Mortgagetl Property ~ j`j 1 ! 1 l and wiU detend the same against the Iswtul Naims of all persons whomsoever. PROVIDED ALWAYS, that if Bobby Joe 6 Suetta Fields ~~1 , the Maker(s) of that :•7'l Ilnsert Namelsll 't ' cerain promiuory note dated the date hereof (the Note1, their hevs, kgel represematives or au~g~?s shall pay to Mortgagee ' the n 4,198. 34 as evidenced by the Note, with inte?est and upon the te?ms as provided therein, the tinal ~ > ~=~'~-,'-j` p ~ncipal wm of = :t a. ~ 1Q~r N maturity date of the Note and of this Mortgage being July 11 , ~g 83 , nvhich Note provides thai ::J Z' ~ J all installments of principal and interest are psyabk at the office of Mongegce, or st wch o~her ptace as the holder may designate in i ~ wr'ting, and that each maker and endorser agree to pay all costs of collection, including a reasonable anorney's fee, upon detault i~ the , ~.t~~4 payment of the Note, a~d that if default be made in the payment of sny installment thereunder and that if wch default is not made ~ N goai in accordance with the tams of the Note, that the entire principal wm and accrued, e~rned interest shall become due and payable If d~ without notice at the option of the holder thereoi; and shafl pe?form and comply w;th each arxf every stipulatio~, a~eement and cov- ~ enant of the Note and oi this Mortgsge, then this MoRgage and the estate he~eby cr~ted shall be void, otherwise the same shall remain .~'.1! i i I11 ~ ;n full torce. Maker covenants to psy the interest and principal promptly w!:~ due_ Mortgapor covenants to pay tAe tazes a~d assess- - Q ~ ments on said property; to carry inwrance sgainst fre on the building on said land tor not less than s ~ , approved by the (Yiortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the ~ ~i' .UCIE building on said land in proper repair_ . I .=..ttTY E This Mortgage shall secure ~ot onty existing indebtedness, but also such tuture advances, whether wch advances are oblgatory or ~ to be made at the option of Mortyagee, or othervrise, as sre made within twenty (20) years from the date hereof, to the same extent as ( if wch future advarxes were made on the date ot the execution of this Mortgage, but wch secu~ed indeb[edness shall not exceed at any f ~ time the maximum principal amount of s ~ plus interest, and any disbursements made for the payment ! ~ of taxes, tevies, or iowrance, on tbe Mortgaged Prope?ty, with ~nterest on wch disbursements. Any wCh future edvanCes, whether E Y ~ oblgatory or to be made at the optiw~ of the Mortyagee, or othe?wise, may be made e~the? prior to or after the due date of the Note or t ¢ ~ any other notes setured by this Mortgage. This Mortgarye a grven for the specific purpose of securing any aM all ~ndebtedness by the ~ ~I V Maker to Mortgapee (but i~ no evmt shall the secured indebtedness ezceed at any time the maximum principal amount set forth in this ` ~ f~' paragraph) in whatever manner tAis indebtedness msy be evidenced or represe~ted, until this Mortg~e is satistied ot record. All cove- r i.-~ nants a~d agreements contained in this Nbrtgage shall be appticabte to all further advances made by Mortgagee to Maker under this ` future advance Nause. ~ ~ N, ~ w Should any ot the above covenants be broken then the Note and al1 moneys secured hereby shalt, wrthout demand, if tl?e 2:~j O Mortga9ee, so elect, at once become due and payable and thn mortgage may be foreclosed, and all costs artd expenses of coilect~on and ,~y ~easonabie attorneys' fees, ,nclud,ng cos[s, expenses and reasonable atto~neys' fees on appe0l, ~i collected by Iegat proceedmgs or ~ ` ~ [hrough an attorney at law, shall be paid by the Maker, and the same are hereby secured. z ~ ~ ~ r IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as o( the date t~rst above set forth. ~ ~ ~ N Sgned, sealed and detnered - ~ Y in our pressn~ ~ ? ~ ~ x ~ ISEAL) ~ ~ ~ ortgagor) ~ ` t~.l-r v? • 0 S~- (SEAL) s , ~ (Mortgagor ) ; ~ STATE OF Florida ~ - ~ ` COUNTYOF St. Lucie t T ~ . ~ - ~ I HEREBY CERTIFY, that on th~s day, betwe~nl, sa ofticM,ll~y authon:ed ~n ihe S[ate aforesa~d and ~n the County aforesad ~ Bo.bb J b Suetta Fields to take acknowledgments, pe~so~ally appeared ~r 1` . 't~~ known to be the person desc~~bed ~ ~n and who executed the torego~ng mstrumenta~d' C~e~ ' i~Itoewledged betore me that they executed the same. ~ WITNESS my hand and otfK~al seal ~n the CouOt~d/~d ~1ste~t£L this 28 day of June , A.O., 19 ~ , ~ ~ ~ 't;~~ • ~ ~ tiry ublit ~ ° ~ ~11 235 My~m~ssp~ Exp..~: . _ - - _ ~ SOG!f a~z rr'.'r cX fi~~~:~.~ ~T •,-,-t ~ ~so,a-oooaRev.B/n . .:'r< <c _ _ .rF: :.sc. t~