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HomeMy WebLinkAbout0102 • a - return to: " ~ z T SAGE ono ~ ~~uc~tc ~~~s~~~c~ ~ DIRECT NOME IMPROVEMENT ~~~Q~Q MOR G WITH FUJURE ADVANCE 4~/~+w. P. O. B7X LLW,~ • • F h rv ~A.'D~, ~t9 7~__~`bewc~hen THIS MORTGAGE, made this 27 h day of E' ¦ Stephen A. Wicks and~~i~! Wicks ~ his wife _ IMortga~orl aria , S>tm Rs~~~•f Saint i~tr-ie ('nimty IMortgageel: (Name of Sun Bankl l WITNESSETH, that Mortgagor, for and rn considerauon of the premises and in order to secure the payment of the principal and t interest on the note las hereinafter definedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, ns successors and assigns forwer, the following- described real property in 711t 1 101E County, Fbrida, to wit: € Lot 6, Block 352, PORT ST LUCIE Section 25 according to the Plat thereof recorded in Plat Book 13, Pages 32 and 32A through 32I of the Public Records 3 of St Lucie County, Florida. This is a second mortgage. - 1919 AUG ~ ( Ali O7 ~ RfCEIYED i ~ •O~ M MTYEMT of TAXEa ~~p~~ i Ui.SJ:JIT TO CHAPTER r tat, ACT ~`~~~TMs a r.... ~ER'POITRASA~ CLERK gaCINT COYKT ~ ~ fXERK C~ll1T C - ~ ~ - JlECORO VERtf(EO . . ~ 453959 ' o i; ~ 111 Ihereirtatter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the true to the Mortgaged Property i and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if ,the Makerlsl of that - ' 't~~'`+'E'. - r \a'~ (Insert Namelsll - certain promissory note dated the date hereof (the Notel,~_ .hews, legal representatives or assigns shall pay to Mortgagee x ~ the principal win of S S - nnn - nn as evidenced by the Note, with interest and upon the terms as provided therein, the final 1,_.W ` ~ ' Z • maturity date of the Note and of this Mortgage being ~3rC11 6 , 19 ,which Note provides that J ~ at! installments of principal and interest are payable at the office of Mortgagee, or at such other place as the holder may designate in ~ i tl l writing, and that each maker and endorser agree to pay all cons of collection, including a reasonable attorney's tee, upon default in the payment of the Note, and that if default be made in the payment of any installment thereunder and that ii such default is not made ~ good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable • ~ i 1."! i without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain • , $ ~ i in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on said property; to carry insurance against fwe ort the building on sad land for not less than S , nnn _ nn ,approved ',;,1. by the Mortgagee, with nandard mortgage bss clause payable to Mortgagee, the policy to be hekd by the Mortgagee and to keep the -'-~i' 1 building on card land in proper repair. j This Mortgage shall secure not only exining indebtedness, but also such future advances, whether such advances are obligatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as it wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any ~ time the maximum principal amount of S ~ OOO.OO plus interest, and any disbursements made for the payment p ~ of taxes, Iwies, or w?wrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether `j' ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or G ~ any other notes. secured by this Mortgage. Thn Mortgage is given for the specific purpose of securing any and all indebtedness by the a; Maker to Mortgagee (but in no etient shall the secured indebtedness exceed at any time the maximum prinupal amount set forth in this paragraph) in whatever manner this indebtedness may be widenced or represented, until this Mortgage n satisfied of record. All cove- n, Hants and agreements contained in this Mortgage shall be aipplicable to all further advances made by Mortgagee to Maker urWer this C future advance clause. ~ H H Z Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and reasonable attorrxyi tees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by legal proceedings or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. 2 ~ IN WITNESS WHEREOF, the Mortgagor hats executed this Mortgage as of the date first above set forth. z Signed, sealed and delivered m our Qesence: B~t~c-~/ - ~/r ~ ~ (SEAL) J~^ n l _J~ ~~n ~ A ^ lMortgagot! - Y~ NL-1f/ 2at~1 v ISEALI (Mortgagor 1 . ~ STATE OF Florida 1 ' COUNTY OF SalTlt Lucle ~ • ~ 1 ai - 1 HEREBY CERTIFY, that on this day, before rte, an officer duty authorised in the State aforesad and m the County aforesad to take acknowledgments, pgr~gpa4?r ,app~agBd ~~1 Wlelce to me known to be the person described m and who executed the foti!9tiitlg iriitrV4o~t`turd ~h~~- acknowledged before me that they executed the same. WITj11~SS my hand.~rsdiV~fffElll Jh~CounS.~~~nd State last a(oresa.d this 27t-h day of ~ rl7SrV - , t~~, ~ (.,,Z •~rd. 'r Notary Pubbc • `Y, •s.- - •y, o'r„ My Commission Exprret~t11M117~f1 ~ 9i fRM1 ~4 " • r~~=~". IQAI 8l''~flt/ S~li~ tNO1SSfMllldO~ ~ 4.8014.000.7 Rev. 8/77 :4 ~ Q~J 11JEV1 IY 1lQIR01! !O il1/lS ~i~f11 Y1~?.... - ~ _ aa`c ~ pact 1U2 - _