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Home My WebLink About0114 Q o ~ UiRECT HOME IMPROVEMENT MORTGAGE v o /~3a~3 t:IrH FUTURE ADVANCE , 1 19th October 79 THIS MORTGAGE, mach this - clay of _ _ A.O.. 19 . uetween _ James E. Norman and Tena J. Norman, his wife IMortyayorl Jnd un ~alnTc-of-~.- Zucie~oun~y (Name of Sun Bank; WITNESSETH, that A'lortyagoi, for arut rn cons+<1eraLOn of the prem+ses and in order t0 secure the payment of the principal arxf "r!~ tnterezt on the note las hereinaRer delmedl. Aturtyayor hereby grants, ass+yns transfers and mortgayes to Morty.-tgre, its successors and t-,L ~ -1~ assigns forever, the following described real property in St. Ll1Cle Coumy, Florida, w wit' :~~'f ~(;~j Lots 20, 21 and the South 40 feet of Lot 22, Block 2, - .i. ~ Col. H. D. GOFORTH SUBD.hVISION, accordiing to thfeC plat trarci cVf riS r~c~.vrd`~"3 ~iut °w:: 3, P.3C3 sr /.J, ~ of the Public Records of St. Lucie County, Florida. j 1;,,( (First Mortgage on Lot 21 and South 40 feet of Lot 22) I : ~ ~ ; (Second Mortgage on Lot 20. ) o _ ' ~ C;,: ~ . . - - - r _i r~~n^EaTy, ST-LUCIE c:,t1ViY.Ft:.. - -;,f >;yn. ROGER PniTFAS I O ~0 F..._.~i:. T _ _ „ ~ CLERK CIECIi:T C~L'~ CL£ K CI~..i;rT „~:i•":T, i. LyiiE CO.. FIA.V,I"t F~CCP.P F:'"'''' - _ 7 463~SS8 Ihere+nafter referred to as the Mortgaged Property); aril the Mortgagor does hereby fully warram the true to the Mortgaged Property and wul defend the same against the iawiul claims of alt persons whomsoever. PROVIDED ALWAYS, that ii James E. Norman and Tena J. Norman, h1S Wlfe the Makerls) of that - (Insert Namels?! certain promissory note dated the date hereof (the Notel, their hems, legal representatives or ass+gns sftalt pay to Mortgagee the pnnupal sum of $ 7100. 80 as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of thr A'lortgage being October 18, 19 1984 ,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, aril 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 rf default be made m the payment of any installment thereunder and that d wch default is not made good m accordance with the terms of the Note, that the entire pnnupal win ancf accrued, earned interest shat) become due and payable without notice at the option of the holder thereof; and shall perform aril comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby creased shall be void, otherwise the same shall remain rn full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- , ~ menis on said property; to carry insurance against hie on the fwildmg on said land for not less than $ ,approved. f ~ r,, by the Mortgagee, with starxiard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortyagee and to keep the i y\ 1 build+ng on said land m proper repair. ' Thrc Mortgage shall secure not only existing indebtedness, but also wch suture advances, whether such advances are obligatory or \ to be made a! the option of Mortgagee, or otherwise, as are made within twenty 120) years from the date hereof, to the same extent as ~y\ rf wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any y time the maximum pnnupal amount of $ N~A plus interest, and any disbursements made for the payment t ` of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any such 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 aril all rrxlebtedness by the _ \ Maker to Mortgagee (but +n no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this s paragraph) in whatever manner this indebtedness may F.e evidenced or represented, until this Mortgage +s satisfied of record. All cove- s.` ` Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this i ; ~ future advancectause ~1'~ $hould any of the above covenants be broken then the Note and all moneys secwed hereby shall, without demarxl, if the ~ Mertgagee, so elect, at once become due arxf payable and this mortgage may be foreclosed, and all costs and expenses of collection ant \V J reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or _ I r through an attorney at law, shall be paid by the Maker, and the same are hereby secured. `y J -~~i ~ IN WITNESS WHEREOF, th.~ Mortgagor has exPwted [his klortgaggas oft date first atrovr set forth. Signed, seaie rid deirvered / +n Our pre tPy~ I j~ ' ~ , L ~>'/i.-LLB-~--'--tSEAL) ort agor w~ ~ - Z- - f _ EAtI ~ t Ygagorl STATE OF FlOrlda 1 COUNTY OF St. Lucie ~ 1 HEREBY CERTIFY, that on this day, before me, an officer duly 3uthorrred m the Slate aforesaid and m the County aforesaid - James E. Norman &Tena J. Noru~an bibs rife to take acknowledgments, personally a~ttc~ _ _ to me norm to e t e per-son described the .n and who executed the foregoing t7istrtjtnent and. they acknowledged before me that y executed the same. - - WITN SS my hand and offrcial~eal in the County and State last afore +d this _ 19 h d of October A D.. r9 ~9 r Notary Public ~~hK~~V s?dGE ~4 My Commission Expires: • NOTA81f MJKK STALE GI IIARaA AT tAb 46014.000-7 Rev. 8/77 ~~.n~t'~` MY COMMISSION~I~R ~AAY~12 198'1 r.«,r......,