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HomeMy WebLinkAbout0997 _ _ 1 otRECT HOME IMPROVEMENT MORTGAGE 4s4s2z ~ WITH FUTURE ADVANCE THIS MORTGAGE, mi:<fe this day of ~]~VSt , A.D., 1979 ,between .1~8~L ~a soar Ai1c1 ~3 ~ A T E+i saaY' l,i n .d f !Mortgagor 1 and Sin Bank of St Lucie Ornnty (Mortgagee?: ~ • (Name of Sun Bank) WITNESSETH, that Mortgagor, for and in consderatron of the premises and in order to secure the payment of the principal and interest on the note Ias hereinafter defined!, Mortgagor hereby grants, suighs transfers end mortgages to Mortgagee, its successors and _attlgnt tortver, the following described real property 1n St. Lucie County, Fbrida, to wit: F- t lAt 7, Block 8,~ PII~7QiEST F~$ MIT 'I~, 8 Subdivision according to the Plat thereof, as recorded in Plat Book 17, at page 5, of the Public 4 Records of St. Lucie Clanty, Florida. - ~ ~ k t9t9 AUG I 0 AN 9~ 22 s_~,~ {a P~{nawT or T~s `_^'j E A ~ ~ A 01?E OK f~SS 'C INTANaIRLE PERSO?iAl PRQPERTY, i 1i ~ FURSUAIIT TO l NAPTEIt 71-1tR. iTl'TY Of 1R1L I ROaEY POIiR+1R ~ aE cu:c~r couR o~ awora ~t ~ oat ~ _ RECORO VER)F)EO a 454522 w - _ (hereinafter referred to as the Mortgaged Property!: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property ) to and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Hams~(L TpiApr R. i . J J J TixLt1~A Leiser ,the Makerls) of that Unsert 11lamelsl) ~ _ certain promissory note dated the date hereof (the Note1,~~ freirs, legal representatives or assgns shall pay to Mortgagee ~ ' the principal wm of S ~ ~~g~,b~ as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity Iie.c' ~i the Note and of this Mortgage being ~t ~ , 19 ,which Note provides that y ~ all instalknents of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in ~ I ~ ~ writing, and that eeNi maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the ~ ~ ~ Z i ~ payment of the Note, and ilia[ if default be made in the payment of any installment thereunder arxd that if such default is not made y:-J ~ good in accordance with the terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable ~ without notice at the option of the holder thereof; grid shall perform and comply with each and every stipulation, agreement and cov- ~ ` errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain i j - . s ~ in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants two/Pay the taxes and assess- ~ ~ ~ ,.Ill. ~ menu on said property; to carry inwranee against fire on the building on said land for not less than S ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper regale. This Mortgage shall secure not only existing 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 120) Years from the date hereof, to the same extent as if 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 Tt~A plus interest, and any disbursements made for the payment p ~ I of taxes, levies, or inwrance, on the Mortgaged Properly, with interest on wch disbursements. Any wch future advances, whether Q ~ oblgatory 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 i any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the I Maker to Mortgagee (but in rq event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this ~ paragraph) in whatever manner this indebtedness may be~evidenced or represented, until this Mortgage is satisfied of record. All cove- f Q ~ _ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~-~j future advance clause. z CSI Should any of the above covenants be broken then the Note and a1I 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 . s ~ reasonable attorneys tees, Including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or I through an attorney at law, shall be pad by the Maker, and the same are hereby secured. v~ n IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. r- I Sgned, sealed and delivered G, 1 ! In our resence: ~ Z~~.' (SEAL) _~yy~ _ r~gagor ~ 3 t:.2Ct~-, //f:-d ~Z-~~ i t (SEAL( ~ r ~ (Mortgagor) Judith A. Leiser ~ STATE OF F'lOY'id8 1 1 • COUNTY OF St ~ ZA1Cie 1 j 1 HEREBY CERTIFY, that on this day, bevfore.~m.,e~, an officer dulx,auNMrisrd in the State aforesad and In the County aforesad to take acknowledgments, personally appeared r<J~i.iv~ ~ ~ ~1 o~Qis? to me known to be the person described i in and who executed the toregoing Instrument and ~ ~l~=aCicnawl~Q~6efore me that- L~_ executed the same. ' WITNESS my hand and ofticlal seal m the County aril Stair last _ day of AitirttAt' , A.O., 19~_. 's.'`;. •-~r`'~- - i• T F ~ ~TARf /u1lK SiATf Oi fLOtIDA Al iJ1Rf;~ e . - n~e~ ~4 M• , • f, M1 CUgtMISSIC7N Ellilitit5 OiC s tYlft 900KJ~~ Pb('E '%,,~B f~~i:101~;.-~' ~Iqp aau cr~IAt ws . uNOERwuws -sol.-ooa7 RN. sm ~I•,III,,,...,•~ ' , t..ae......