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HomeMy WebLinkAbout2528 AIRECT HOME IMPROVEMEI~'cj 451854 ~ ~ ~ W ITH FUTURE A~VANCE MORTGAGE ~ i . t THIS MORTGAG , mad• th~s 13 day of July , A.U., 19 79 , betwee~ s Louise ~nder, a Single Adult ' IMort9sqorl and ; Sun Bank of St. Lucie County ~Mo~c~ee?; ~ (Nam~ of Sun Bank) WITNESSETH, thst Mor[9apo~, for snd m cons~derahoo oi the prem~ses and m orde~ to secure the payment of the pnncipsi and ~ mter~st on the note (as herematter detmedl, Monpagor hereby grants, au~yns 1~anslers and mwigages to Mort9ap~e, its successors a~d : St. Lucie ` auigns toreve~, th~ tollowing described real property ~n CountY, Fbrida, to wit: ; Lot 7, in Block 1, WILLIE JOHNSON'S S[JBDNISION,as per plat of said subdivision recorded in Plat Book 8, page 46 ` public records of St. Lucie County, Florida. ~ ~ w w~ ~ ~ P~ a Tax« , °z OW On Clas ••C•• ~~t~qibl~ Petsonsi Proponll. ~ a ~WSUN+t To ChaptN 134. Aets Ot ~ 7~j• ~ ? ROGER PWTRAS ~ ~ ~ This is a First Mortgaqe ` ~ CN~? CkeuN OoiM~ S't. ~ucM. Oo.. i o ' o - o =~YaT~ ~~.o~~~ ~ 451854 ; z ~OC.UMENTAR`! Y~$TA M F' , j Q PT. vF kCVENi~i~ r j# - - ~ ~ ~ _ , f • ~ 3 Q_ 08 =~~~~~•r, k=~ 0 I. 6 5 t ~,,,9 t7 2= _ , W _ , i, y? ~ _~r:~, a ~ } tLEU ti+C FtCuit~ ~ - N S7.tUGtf COUNTX.~IA• ° ROGER PG~T~S Q ~ - CLERK.CI~C'JiT CGtlf~T9 . R ~ ~ (hereinafter referred to as the Mortga~ed Propertyl~ ~.~or~ ga~or_~Q~basaby tully warrant the title to the Mortgaged Property > and wiil defend the same aga~nst the lawful clair~'s+0+'~~so~~ns whomsoever. ? PROVIDEO ALWAYS, that if ~u1Se Kinder, a single d(lUlt , the Maker(s) of that ~ z [Insert Name1s11 ~ certain promissory note dated the date hereoi (the Note1, her heirs, legal representatives o? ass~9ns shall pay to Mortgagee ~ 1 065.33 p the pnncipal sum of S ~ as ev~denced by the Note, with interest and upon the terms as provded therein, the final J maturity date of the Note and of this Mortgage bemg JUly 11 , 19 81 , Which Note prov~des that all mstallments ot principal and interest are payable at the oftice oi Mortgagee, or at wch other place as the hotder may designate in ` writing, and that each maker and endorser agree to pay all costs of collect~on, including a reasonable atiorr?ey's fee, upon detautt in the J~ payme~t ot the Note, and that if default be made i!? ihe payment of any instatlment thereunder and that ii wch detautt is not made ; good i~ accordance with the terms of ihe Note, that the entire principal sum and aarued, earned interest shall become due and pay~le E without notice at the optian of the hotder thereo:; and shalt per(orm and compty with each and every stipulat~on, agreement and cov- enant of the Mote and oi this Mortgage, then this Mortgage and the estate hereby created sha11 be vo~d, 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 and assess- rt+ents on sa~d.property; to carry insurance agamst fne on the building on sa~d land for not less than a n~a , approved by the Mortgagee, wrth standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the , bu~ld~ng on said land in proper repair. E , 4f ~ Th~s Mortgage shall secure not only ex~sting indebtedness, but also wch future advances, whether wch advances are obligatory or ~ ~ to be made at the option of Mo[tgagee, or otherwise, as are made w~thin twenty (201 Years (rom the date hereoi, to the same extent as ~ U ~f such future advances were made on the date oi the execution oi this Mortgage, but wch secured indebtedness shall not exceed at any ' Y i~~ t~me the maximum prinupal arnount of 5 n~a plus ioterest, and aoy d~sbursements made for the payment ! ~ I of taxes, levles, or ~nsurance, on the Mortgaged Property, w~th interest o~ wch disbursements. Any wch future advances, whether ! U obligatory or to be made at the option of the Mortgagee, or otherwise, may be made e~ther prior to or aiter the due date of the Note or ~,.aj any other notes secured by this Mortgage. This Mortgage is gdven for the specrf~c purpose ut secunng any and a11 ~ndebtedness by the ` Maker to Mortgagee (twt in no event shall the secured indebtedness exceed at any time the maximum princ~pal amount set forth in ihis y~ . paragraph) m whatever manne. this indebtedness may be evidenced or represented, unut thls Mortgage is satisfied of record. All cove- . ~ nants and agreements contamed m th~s Mortgage shatl be appHcable to all further advances made by Mort9agee to Maker under thK ~ O tuture advance dause. ~ ~i z p; ,x Should any of the above covenants be broken the~ the Note arxf all moneys secured hereby shall, w~thout demand, ~i the a: ~ Mortgagee, so elect; at once become due and payable arxl this mortgage may be toredosed, and all costs and expenses ot collect~on a~d ? reasonable attorneys' fees, ~ncluding costs, expenses and reasonable attorneys' fees on appeal, ~f collected by tegal proceed~ngs or through an attorn2y at Iaw, shall be paid by the Maker, arxl the same are hereby secured. ` G' C ~ hi ! 7 U~ IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as ot [he date (~rst above set iorth. ~ Sgned, sea arxl d vered / ' m our p nCe: ~ ~ i ~ (SEAL) ~ ~ IMortgagor) 3 Q'~~C~. ~ ~ ISEALI ~ ihlortgagoc) t ~ STATEOF Florida ~ ~ ~ l ~ COUNTY OF St. Lucie ~~~(y ~ y'-, ~~n~~• c r. 1 HEREBY CERTIFY, that on th~s day, bolb~nls, a.~~tce~:~luly authonzed ~n the S~ate aforesa~d and the Coun~y aforesa~d to take acknowledgments, pefsonally appea~ed ~~is ~r to me known to be the person descnbed ; she ~ m and who executed the forego~n9 ~nstrument a~,a,r- ~~--scienowledged be(ore me that executed the same. ~ y • WITNESS my hand and otf~c~al seal in th~~ +~~i~iSta~t~a, y id this 13 day of `Tul , A.0.,19~-• H VaL ~ ~ . , ; ~'yOtary Public ~ ' , .JNy'Cortxorss~Wi-E~CP~4~: , . . ~ ~ 4 6011•000-7 Rw 6/77 UII(~I, +~hn ! ~VC~j~,/~/~ • . ~ , :t. . n . _ . . _ , E.ecutnei.w ~ ~