HomeMy WebLinkAbout1130 oIt1ECT HOME IMPROVEMENT MORTGAGE /~c '~00 X33 /
WITH FUTURE ADVANCE4f23O4 ( /
THIS MORTGAGE, made this 5 h day of ~irtaber - - . A.Q., 19 .between
John Capobianco and Patricia Capobianco, his wife (Mortgagor) and
Sun Bank of St. Lucie County _ (h+ortgageet:
(Name of Sun Bank]
WITNESSETH, that Mortgagor, for and in consideration of the premises and m order to secure the payment of the pnnapal and
,nterest on the note las hereinafter deLnedl, Mortgayor hereby grants, assigns transfers and mor[gages to Mortgagee, its successors and
assigns forever, the following described rear property in C~_j,~~+T_ County, Fbrida, to wet:
Lots 36 and 37 of Plat of WHITE CITY GARDENS, a subdivision
of the Wei of the SW~ of the I!IE~i of Section 15, Township 36
South, Range 40 East as shown on the plat recorded with
deed in Deed Book 187, pages 408-410 of the Public Records
~ of St. Lucie County, Florida.
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.~7~ ~~T ~ ~ ~i ~ t. Recstved • 7~ In Payment Ot Texea
~ , _ Oue On Crass C Intat,~~ls Personal prtiporty,
Lt) ~ fILEO nv;; kEGUri:[ a pursuant To Chapter 71. 134, Act! O~'a~t.
S~oGER
Po TRas4 ROGER POITRAS 9~~
I CL,Et2H C:!?CLttT C41iR rlt,.y
cD ~ ~ h_ Cheuit Court, S't. LuCN. Co., Fla.
- c tie::.. ~ 9 .
462304
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~•y~, ~ (herernafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
and well defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that if ,the Makerlsl of that
- [Insert Namels ]
certain promissary note dated the date hereof (the Notet, their heirs, legal representatives or assigns shall pay to Mortgagee }
- ~ ` i the principal sum of S 10 ^.860 _ 62 as evidenced by the Note, with interest and upon the terms as provided therein, the final
_ _ - :i.:
1 maturity date of the Note and of this Mortgage being 114 19 89 ,which Note provides that
all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in
- ! writing, and that each maker° and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the
payment of the Note, and that if default be made in the payment of any installment thereunder and that rf wch default is not made
. _ ~ ~ ' good in accordance with the terms of the Note, that the entire principal wm and accrued, earned interest shall become due and payable
without notice at the option of the holder thereot; 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
in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
menu on said property; to carry insurance against fire on the building on said land for not less than S l~a ,approved
by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the.Mortgagee and to keep the
building on said land in proper repair.
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~ This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are r>bligatory or
E 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 dale of the execution of this Mortgage, but such secured indebtedness shall not exceed at any
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time the maximum principal amount of S n/w plus interest, and any disbursements made for the payment
of taxes, levees, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether
! 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
~ any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the
Make. to Mortgagee (but m no event shall the secured mdebtedness exceed at any time the maximum pnnapal amount set forth in th:; 1
j paragraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satshed of record. All cove- i
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Hants and agreements conia,ned rn the; Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
~ future advance clause. -
' ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, it the
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1 Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
reasonable attorneys" fees, mciuding costs, expenses and reasonable attorneys' tees on appeal, ii collected by legal proceedings or
~ ~ through an attorney at law, shall be paid by the Maker, and [he same are hereby secured.
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- IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date tryst above set forth.
Signed, sealed aril delivered
m our rice:
S ~ ~
!v G(1,~7C~~_ ISEALI
v
s _ (Moe agor)
Capo co
_ Zetsa?eo ISEAU
~ r ~ (M t gpr
~ Patricia Ca ~ianco
STATE OF Florida
[ i
COUNTY OF $t. Lucie ) ,
t HEREBY CERTIFY, that on this day, before me, an officer duly authorized m the State atoresa~d and rn thesCounty aforesaid
to take acknowledgments, personally appeared .Tnhn nr pdtrlCla-C8~t:1bYa71c'rno me known to be the per sondescribeA
m and who executed the foregoing instrument aril their acknowledged before me that thelr -execined the same.
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WITNESS my ha.d and offiual seat in the County and State last fore rd this ~h d of Ont-r~h~ : ;
~ A U-, 19 -Z9__ . .
x
Notary Public
My Commission Ex ~7
t;Rc~ u NJrUC STAIE a l~QR~ AT LAS
oola-ofwa Rev. am o`.;-tip J~O Y3Gf~~~ ~.c~
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