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DIRECT HOME IMPROVEMENT IVI~RTGAGE ~s',~9
WITH FUTURE ADVANCE
THIS MORTGACiI:, made this 3Td day of OCtOber , A.D.. 19 79 .between
Cologera ~Arofita and Karen Profits, his wife (Mortgagor) and
_ Sim Bank of_3t. Lucie_ Camty _ lMortgageel:
' (Name of Sun f3ank~ '
- WITNESSETH,-that Mortgagor, for and in consideration of the premass and in order to secure the payment of the principal apd
interest on the note less hereinafter definedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following described real property in St. Lucie County, Fbrida, to wit:
_
Lot 20, Block 47, PORT ST. LiJCIE SECTIOri ZWENIY-FIVE, '
accordiT~g to the plat thereof, as recorded in Plat Book
13, .Pages 32 A through 32 I, of the Public Records of St.
Lucie eo~mty, Florida.
- ~ _
_ ,mot _
~srs ocr -s ~ rz: o~
- ('Ihi,s is a second mortgage) tED AMO RECO~t~n
3~ ~ROGERCOUNTI: FtA. .
PQITRAS
I ~ CLERK CIRCUIT COU
'1 ~ RECORD VERIFIED
REC£YE9 j a~• O~IM PkY!~;~iT of T4X~S _
4U~ ~A CL+`•SS 'C' itti?~6 BlE P.~:U;.~L P+zC?EdTYr
PURS131JIT TO CHAPTi:R 7t-1~4, ACTS Of 1971
1~ f~cwT cflu~r; sr~. Pui`:~
ca. ~u`¢~ 4~~.549 -
, (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
t l~ and will defend the same against the lawful claims of all persor?s whomsoever.
~ PROVIQED ALWAYS, that if S.~ls2g~~1 Karen Pmfita _ ,the Maker(s) of that
tr0 (Insert Namelsll
2
J l 1 certain promissory note ~1daAted the date hereof (the Notel, ~ thA:'lT heirs, legal representatives or assgns shall pay to Mortgagee
the principal wm of S ~e g~~ • 62 aS evidenced by the Note, with interest and upon the terms as provided therein, the final
j~~ ~ ~ maturity date of the Note anti of this Mortgage being ~-tO~Cr 3 , 19 g9 which Note provides that
~ • = : all installments of principal and interest arc payable at the office of Mortgagee, or at wch other place as the holler may desigrwte in
y writing, and that each maker and endorser agree to-pay all costs of collection, including a reasonable attoSney's fee, upon default in the
a. payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default iS not made
Q. ~ good in aocoMance with the terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable
~ ~ `'w without notice at the option of the holder thereof; and shall perform and comply with ea~~': and every stipulation, agreement and rnv-
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w enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
's ' in full force. Maker covenants to pay the irt~est and principal promptly when due. Mortgagor covenants to the taxes and assess-
Q~i J'1~' N ~ -
_:,Ji` ~ o merits on said property; to carry inwrance against fire on the building on said land for not less than S a .approved
W _ by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
III' ~ I ! 1 I t I I t l building on said bnd in proper repair.
This Mortgage shall severe not Doty existing indebtedness, but also such future advances, whether wch 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 such future advances were made on the date of the execution of this Mortgage, but -,::ch secured indebtedness shall not exceed at any
m fi time the maximum principal amount of s plus interest, and any disbursements made for the payment
p of taxes, levies, or inwrance, on the Mortgaged Property, with interest on such disbursements. Any wch future advances, whether
U 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
Q any-other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by t
w ~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this
a a paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage a satisfied of record. All cove-
~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this -
~ ts, future advance clause.
Z ap Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if tbe
• , Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
oC`-' ?~G reasonable attorneys' ices, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceed"mgs or
F.. ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
Z O IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set rorth.
~O
a
i-- Signed, sealed delivered
in our pr c - -
(SEAL)
1 e Eigagor) `
ISEALI
n ~i~ofital~t~ - .
STATE OF FLORIAA ? , ~ •=f''' ~ _ -
COUNTYOF ST LUCIE 1 ~~('~:r;', Y'Y~''•~~~;'?,~. -
I HEREBY CERTIFY, that on this day, before me, an officer duty authorized in the State-af¢fes~at~ jn~' rdvresaid
('nl ra F ILren Profi a ~ `
to take acknowledgments, personally appeared ~4gP-- to }rie ~ ~ nijbCd
in and who executed the foregoing instrument and acknowledged before merttTsr ~ 4x~~? A~ e.
WITNESS my hand and official seal in the County and State last aforesaid this 3r(1 : ~~f'
A.0., 19 • ;
~r,
Notary Public iY3119M SNP T~~,~ tl~
My Commission EgikslL' AYW Sfit11Y1 NOiS5iMl1!107.11M1
1',)tfY11Y 1101t10U ~O 111?15 }IIIfL ATI1aN
as01~-ooD.7Rey.13m °x317 P~~E2~~50 E~~.
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