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Home My WebLink About1906 t~ .a.. DIRECT HOME IMPROVEMENT MORTGAGE ' ~ ° ° 3 ~ WITH FUTURE ADVANCE 4~~~ ~ ~ ' T1i1S MORTGAGE, made this 15th _ day of ~'t(~ber /f A.D., 19 .fig- ,between (Mortgagor) and Stet Bank of S L+ _ia _nt+n~y _ (Mort gageel; (Name of Sun eankl ' i WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the payment of the principal and interest on Ilia note las hereinafter defined), Mortgagor hereby grants, ass+gns transfers and mortgages to Mortgagee, its successors and assigns forever, the following described real property m .$t~y~_ County, Fbrida, to wit: Lot 27 and the west 35 feet of Lot 25 of Ocean Boulevard Park Subdivision, as per the plat thereof recorded in Plat Book 7, Page 18, of the Public Records of Saint 1 Lucie County, Florida. I STATE o~ ~L~F=~~~~~- ~ D_OCUME_NTA_R_Y . DEF't.t)F REVENUE _;~;;'t+~'~'Si~MF;Tij~' P.B. - "ir f r . i9t9 OCT I ? ~ 3~ ~ 1P~ FILf:D >!NC laCC~r.ut0 r1 1p 1.r. d. tK ~AYIIEMT OF TAMES SLLUCIECCUNTY.FLA. "f ~ DUE ON CL4SS •C' IMt~l+sBtE PERSONAL P19PQRTrr ROGER POITRAS tURSUAiR TO 1.HAPTER 71-13~• ACTS OF ~ ~ CIfRK CIRCUIT CCL'R' R06EA POITRAS RFCCRtI VEI'lFi~ti.. -..9 . ~ COYitT, sT co, ~ 46285 (t'.crcioafier referrcd to 3s the Mo•.Lgaged Property); aM flip Mortgagor does hereby fully warrant the title to the Mortgaged Property and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Fzederick~7amt:s, Jr arid_~oha~.a Maria ,Tw+rwc ,the Makerlsl of that (Insert Name(s11 certain promissory note dated the date hereof (the Hotel, dpi" heirs, legal representatives or assigns shah pay to Mortgagee the principal sum of S ~Q$$ 32 as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being October 14 19 82 ,which Note Rrovides 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 wch 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 if 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 without notice at the option of the holder thereof; and 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 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 p?utieity, to uniji i:i,uias'i;;2 vyair;,t ~ : t:zc :;.=-EE,a.-~ o== ~s•± i?:.:! f,...~..s less than _e _ I1f d - aptxuved by the Mortgagee, with riarxiard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper repair, - This Mortgage shall secure not only existing indebtedness, but also wch 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 n~d plus interest, and any disbursements made for the payment _ I of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either poor 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 Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximumprinupal amount set forth in t~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- ~ pants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this future advance clause. i J ~ ~ Should any of the above covenants tx? 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 attorneys fees, including costs, expenses and reasonable attorneys' fees on appeal, d collected by legal proceedings or I through an attorney at law, shall be paid by the Maker, and the same are hereby secured. z ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth, Sgned, sealed and delivered I i n opr~nce: l ~ ` t~~ ~ L !-s~f-a' I sy~'~° ISEAE) F e rick J tBagllD ; i' ~ '(SEAL) (Mortgagor) ~ Florida J anna Maria Jaittes t • STATE OF ) / COUNTY OF St. Lucie 1 ) . 1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personallr a~ear~r`,d•F?=ederiek James, Jr Or to me known to be the person described ~ in and who executed the tor+tfstiudtept ~Qhanl~1}a~p~Maria Ja~,~wledged before me that ~~T executed the same. WITNESS my hand anHa{Fici~lsea the~ounty andSia~e last aforesaid this ],St}+ day of ob -r r~ A.O., 19 _ 79 . r / ~ ~ jj it fU~ ~ Ox QQ ~ . it ~ ~,,..'_'-a Notary Public 8Q7X~~V P~GF1~ MY Commisswn Expires: ~ t ; MOTAftt PUfIIIC S7Alf CJi FLOR LOA AT I ~ 4-6014-000.7 Rev. 8/77 . ~ r: - • MIT CC>rNMISSION E)PIRtS AUG.It V,,,r~ - f.nut..e flC]P[YO~iMt+lrYUalu ~ r~ro'-