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HomeMy WebLinkAbout0111 DIRECT HOME IMPROVEMENT ~O G ~(,.7CC~ RT AGE ~ tvITH FUTURE ADVANCE ~,7~~VVV ~ / THIS MORTGAGE. made tn+s 22nd- day nt October A.D , t9 79 .between Ann OSenton -------------------------~Iti,~rtgayor? anti Sun Bank of St Lucie County _ _ - IMortgag~e?: (Name of Sun Bank ~ WITNESSETH, that Mortgagor, for ancf +n cons+cferatron of the prem+ses and rn order to sE-cure the payment of the pnnc+pal and +nterest on the note las here+na(ter del+nedl, hlortyayor hereby grants, ass+gns transfers ancf mortgages to Mortgagee, +ts successors ancf I ~+1~ ass+gns forever, the follow+ng described real property +n S 11C~__ County, Flor+cfa, to wet: c - i w y- Lot 19, Block 255, PORT ST. Ll]CIF., SECTION 6, _ _'.;I~ according to the plat thereof on fileL as recorded ' ITt i'i3t ~OZ i.~,., n~bC- Zf~1~ of t~2E.' ~n11_t_ RP('[~~"(~C of St. Lucie County, Florida. `fir ~ . i/ _ i _ ..1 '~~i o This is a second mortgage ~ - r- cn ~ !9~9 OCT 24 A!i i! ~ 20, tl _ ~ ~ _ FIL.D AkD F t.t;~tut i3 ST.LUCIE CCUNTY.FIk RfCE1YE0 Z a~ 1`f ps•;'*t_`IT 71' TAX`S ROGER POtTRAS ~ pUE Oti CL-°:, - P' ~ '..'.L I'nJ^f~TY, CLERK CIRCtiIT C+?.' T a PUnS::~IIT i3 it.- '..:5 CF 197E fiLC"R^ S _ k~=~.i i .:1: i.b~ n. 463565 s~ - - (here+nafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wnI defend the same against the lawful claims of all persons whomsoever. Ann Osenton ~ ,the Makerizl of that PROVIDED ALWAYS, that if (Insert Namelsl) cer[a+n promissory note dated the date hereof (the Notel, her hers, legal representauves or ass+gns shall pay to Mortgagee the principal sum of $ 6~~29.21 as ev+denced by the Note, with interest and upon the terms as prov+ded therein, the final maturity date of the Note and of this Mortgage being October 22 , 19 g9 ,which Note provides that all +nstallments of pr+ncipal and +nterest 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, includ+ng a reasonable attorney's fee, upon default in the payment of the Note, and that ii default be made in the payment of any installment thereunder and that +f wch default rs not made good in accordance with the terms of the Note, that the entire pnnapal 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- enant of tJre Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherw+se the same shall remain +n Lull force. Maker covenants to pay the interest and princ+pal promptly when due. Mortgagor covenants to pay the taxes and assess- I meets on Bard property; to carry insurance against f+re on the building on said lartd for not less than $ n~a ,approved i by the Mortgagee, w+th standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the bu+lding on said larxl m proper repair. This Mortgage shalt secure not only existing +ndebteclness, but also wch future advances, whether such advances are obligatory or to be made at the option of Mortgagee, or otherw+se, as are made within twenty 1201 years from the date hereof, to the same extent as if wch future advances were made on the date of the execut+on of this Mortgage, but such secured rndebtecfness shall not exceed at any t+me the max+mum pnnapal amount of $ . n/a plus interest, and any disbursements made for the payment _ G of taxes, levees, or +nsurance, on the Mortgaged Property, w+th +nterest on wch d+sbursements. Any wch future advarxes, whether obl+gatory or to be made at the option of the Mortgagee, or otherw+se, may be made ether prior to or after the due date of the Note or any other notes secured by th+s Mortgage. Th+s Mortgage is g+ven for the spec+f+c purpose of securing any ancf all +ndebtedness by the _ ~ ~ Polaker to Mortgagee (but m no event shall the secured indebtedness exceed at any time the max+mum pnnapal amount set forth in this - paragraph) m whatever manner th+s +rxfebtedness may be ev+denced or represented, until tMs Mortgage +s satisLed of record. All cove- - Hants and agreements coma+ned in th+s Mortgage shall be appl+Cabte to all further advances made by Mortgagee to Rlaker under this future advance clause. f; % t-' Should any of the above covenants be broken then the Note and all moneys secured hereby shall, w+thout demarxf, rf the , j ~ ~ Mortgagee, so elect, at once become due aril payable and this mortgage may be foreclosed, and all costs and expenses of collect+on and - .:.L reasonable attorneys' fees, +nclud+ng costs, expenses arxf reasonable attorneys' fees on appeal, rf collected by legal proceedings or " through an attorney at lase, shall be pa+d by the Maker, anti the same are hereby secured. - i . ~ IN W ESS WH EOF, the Mortgagor has executed th+s Mortgage as of the date lust above sef fo+th. = J" Sign a del red w; in O r rice= ~ ~ (SEAL) - Ann sen on ~ ~ ` (Mortnagor) ~ t' _ iSEAL) / - Ih1ortaa3o:1 STATE OF Florida 1 1 COUNTY OF St Lucie .E- 1 HEREBY CERTIFY, that on this da re me, an officer duty authonre<f +n the State aforesad and in the Coumy aforesad ` Osenton to take acknowledgments, personally appea to me known to be the person described , - in and who executed the forego+ng instrutrllllt}pdt. •~te -acknowledged before me that she a eeuted the same. WIT my hand and offiaal seal in the.Cowrty andrS'~ate)ast-~ioresa+d th+s day of , A.D., 19 r, ~ 1 r 'r t i. ~ 1 ~+*R a ~ Notary ubh ~T ~ ~ ~ M ~'rr - • My~q~'m+s o1~if~~~W1 If C' ~ ' r~~a pAt . 4-6014000-ZRtty.-f3p7 t:nw_1~~ n.n[ ~'M~•tatti+.wn?,INSe •,••~•r••