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HomeMy WebLinkAbout2423 .r• DIRECT NOME IMPROVEMENT 463114 MORTGAGE $9 WITH FUTURE ACfVANCE ~ • THIS MORTGAGE, made this 15th day of October A.D., f9 79 ,between ' Anthnntr R_ fy(a~~nncx (Mortgagor) and Sun Bank. of St Lucie County (Mortgagee): INameof Sun Bank) ' WITNESSETH, that Mortgagor, (or and m eonsederation of the premises and rn order to secure the payment of the principal aril interest on the note las hereinaiter delinedl, frlurtgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assrgns forever, the following described real property m St. Lucie County, Fbrrda, to wit: Lots 18, 19, and 20, Block 119, Unit 10, LAICEWOOD PARK, as per plat thereof on file in Plat Book 11, Pages 29A, 46.3114 ' • 29B, 29C, and 29D, of the Public Records of St. Lucie X919 ~T County, Florida. fILEO tiNL FECOi~.trsp ST.LUCIE CCUNTY.FtA. ROGER PO[TRAS CLERK~~CII~RCUIT/C~CUR T prnnwn yX~~~ 9 ,O (Lots 18 and 19 -First Mortgage) o•a 1~ IN PRYl1LfNT OF TAXES RECEIVED s I _ _ ~1' DUE DN Cl1tS5 'C' INT!`~'~tE P'RSC::~L P^9-'ERTY~ - I (Lot 20 -Second Mortgage) FURSU,~T TJ iHiPIc3 71-..4, .:.;iS Glr 19~1r Ruccw P..ITr.Ay a.~c a>iclxt caueT, st. waE co.~u o • t~ ' (hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the tide to the Mortgaged Property ~ j f` and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that it Anthony R. Mazzone and Ana Maria Mazzone ,the Makerlsl of that ' O 111 [InsertNamelsll certain promissory note dated the date hereof ithe Notel, their heirs, legal representatives or assrgns shall pay w Mortgagee 5131.20 fT ~vi'.1 the principal sum of S as evidenced by the Note, with interest and upon the terms as provided therein, the final -y; maturity date of the Note and of this Mortgage being October 14, . 19 83 ,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 rn writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the < ' A • 'o. payment of the Note, and that it default be made in the payment of any installment thereunder and that if such default K not made 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; and shall perform and comply with each aril eve.y 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- merits on said property; to carry insurance against fire on the buikfing on said land fnr not less than $ ,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 repair. j ~ ~ This Mortgage steal! secure not only existing indebtedness, but also such future advances, whether such advances are oblgatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty (201 years from the date hereof, to the same extent as rf such future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any ; time the mawmum principal amount of S N~A plus interest, aril any disbursements made for the payment 1 of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch suture advar?cES, whether 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 s ~ any other notes secured by this Mortgage- This Mortgage is given .or the specific purpose of securing any and a!1 indebtedness by the Maker to Mortgagee (but in rw•event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this yi paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. All cove- Y1 Hants and agreements contained in this Mortgage shall be applicable to aII further advances made by Mortgagee to Maker under this future advance clause. ; ~b((((~~~~~ 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 ~j reasonable attorneys' fees, including costs, expenses and reasonable attorneys' tees on appeal, ii collected by legal prrxeedings or through ar. attorney at law, shall be paid by the Maker, and the same are hereby secured. IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first ab~i[rY;set forth.'. • ~ c Z Srgni~, seated delivered _ _ '1 in our rese e: `~-ter// ~ ~ _ ISEALI ' (Molt t EAL) ? ItNnr tg3,ror1, ' ~ STATE OF Florida 1 ~ ~ St. Lucie 1 • COUNTY OF 1 ~ ` ' l I HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the Spite afptesad and in tljQ(~urr` ty aforesaid Anthony R. & Ana Maria Mazzone: ' ro take acknowledgments, personally appeared to ire krwwn o•be ti1P p§rs~n described they cz1; t~ey ' - rn and who executed the foregoing instrument and acknowledged beto[ that e>EeCUted the same. WITNE my hand and offiual seal in the County and State last of resaid th ~ - b>f<i of , * J, tart' Pub rC t , v ~,tt1 My Gommrssio xprres: , +~.1~ud~• Notory P,rbl{t, s+.f. of p..1a. a1 lops i °~3i$ P~~~2417 ~ } d0'}X d 4-6014-0047 Rev.B/77 ~ 1110 Eacvr..e?,ni i~