The URL can be used to link to this page

Home My WebLink About1356 + ~ DIRECT HOME IMPROVEMENT MORTGAGE ~~3s1 ~ ~ µ ~ i WITH FUTURE ADVANCE THIS MORTGAGE, made this 26th day of _ October _ _ _ A O tg 79 _ ,between' LeRoy M Crandall and Margaret A. Crandall _ (Mortgagor) and Sun Bank of St. Lucie County (Mortgagee): r.r_~_... c..., o~..~t WITNESSETH, that Mortgagor, for and +n cons+derahon of the premises and rn order to secure the payment of the pnncrpal and rnterest on the note las hereinafte. deLnedl, Mortgagor hereby grams, assigns transfers ar+cf mortgages to Mortgagee, us successors and assigns forever, the folbwrng described real property rn St• Lucie County, Florida, to wit: The North 69.6 feet and the South 60 feet of the nest i's5 feet of Lot 24, Unit One, MARAVILLA GARDENS, according to the plat thereof as recorded in Plat Book 6, Page 55, Public Records of St. Lucie County, Florida. /1,,p /;J THIS IS A SECOND MORTGAGE Rscehfed • to Payment Of Taxe! - - " _ ~ ~ 464391 Due On Class "C" Intangible Personal prot>•rrty; i pursuant To Chapter 71, 134, Act! O( `9~t, ~ 9 OC i 30 P'i 3~ ~i 3 ~ ROGER POITRAS . ~ • Clary circuit Coup, St. Lucia, Co., Fla. f' ILEU hh4 F ~ ~IJtitrE l~ + tff ST.LUC!ECOL!1TY.fld. ± : ROGERPOITRAS - CLERit C13CU!T CQUR? . ~ ~ 1 (heremaher referred to as the Mortgaged Prope*tyl: and the Mortgagor does hereby fully warrant the tale to the Mortgaged Property _ and viol defend the wme aga+nst the lawful claems of all persons whomsoever. PROVIDED ALWAYS, that +f LeRoy M. Crandall and Margaret A. Crandall the Makerls) of that ilnsert Namelsl! • I their ga g p g~ ~ - I{+ ~ certain promissory note dated the date hereof Ithe Note1,_ heirs, le I represematwes or assr ns ;hall ay to Mort 10,194.98 as evidenced b the Note, w+th rnterest and ulson the terms as provided therein, the final _ i the prrnupai sum of 5 y _ ..1' : I maturity date of the Note and of this Mortgage being October 25 19 89 ,which Note prov+des that all installments of pr+ncrpal and interest are payable at the off+ce of Mortgagee, or at wch other place as the holder may designate in ~ writ+ng, and that each maker anti endorser agree to pay all costs of collection, +ncludrng a reasorrabte attorney's fee, upon default rn the payment of the Note, and that rt default be made +n the payment of any installment thereunder and that rf wch default +s not made = good rn accordance with the terms of the Note, that the eniae pr incrpal vim aril accrued, earned rnterest shall become due and payable _ . ~ 1 without notice at the option of the holder thereof; aril shaft perform and Comply w+th each and every st+pulatron, agreement and cov- enant o1 the Note and of th+s Mortgage, then this Mortgage aril the estate hereby created shalt be void, otherwise the same shall remain e +n full forte. Maker covenants to pay the rnterest and prrnc+pal promptly when due. Mortgagor covenants to pay the taxes and assess- f menu on card property: to carry +nsurance aga+nst fire on the building on sax) land for not less than S n~a ,approved by the Mortgagee, with standard mortgage loss clause payab~e to Mortgagee, the pobcy to be held by the Mortgagee and to keep the budding on card land rn proper raga+r. t This Mortgage shall secure not only exrsnng +ndebtectness, but also wch future advances, whether such advances are oblgatory or ~ to be made at the opt+on of Mortgage?, or otherw+se, as are made within twenty (?01 years from the date hereof, to the same extent as 11 C +f wch future advances were made on the date of the execution of th+s Mortgage, but such secured +ndebteriness shall not exceed at any V t+me the max+mum pnnc~pal arr,ount of $ n~a plus rnterest. and any d+sbursemems made for the payment of taxes, lev+es, o[ insurance, on the Mortgaged Property, with rnterest on wch disbursements. Any wch future advances, whether _ ~ obl+gato+y or :o be made at the option of the Mortgagee, or otherwise, may be made either pnor to or after the due date of the Note or any other notes secured by this Mortgage. Th+s Mortgage rs given for the specrf~c purpose of securing any and all indebtedness by the a Maker to Mortgagee (but :n no event shall the secured +ndebtedness exceed at any time the max+mum pnnupal amount set forth m this - paragraph) rn whatever manner this indebtedness may be evidenced or rep:esentrd, until this Mortgage +s sarrsfrec! of record. All cove- _ ~ Hants and agreemen!s ccntamed rn th+s Mortgage shall be appircable to all further advances made by Mortgagee to Maker under this U1 future advance clause. - O w O Should any of the above covenants be broken then the Nnte and alt moneys seeurerf hereby shall, without demand, rf the ~ sG. Mo+tgagee, so elect, at once beeornr due and payable and this mortgage may be foreclosed, and all costs and expenses of r_ollectron and ~ [easonabre attorneys fees, +ntludmy costs, expenses and reasonable attorneys' fees on appeal, rf collected by legal proceed+nys or - ~ through an atto[ney at la_v, shall b~ pa+et by the Maker, and the same are hereby secured. ~ ~ - ~ IN WIT";ESS WHEREOF, the hlnrtgayo+ hay r•xecuretl th+s hfortgayc as of the date f+rst strove set for±h. t!): $~yned, sealed and deirv"rec! :n Oar [e nre' p IJ-IC.L~-~ v L v~L1~`-_--- (SEAL) Y ~ ~ J (hlortyago+ Ihlortgagor) V STATE OF Florida I COUNTY OF St. Lucie I , 1 HEREBY CERTIFY, ±nar pn tha dav. before me, on oft,cer duly aatnonrECf ;n trio State aforfrsa+rf and rn the County aforesa+d -o take aCknO~'rlEdgmenti, per50ndily appeared ~~y M. & Margaret A. Crar>t~~lknorm ro he the person described the .n and vino executed the fo+ee»:nq +nstrumeAt-antl they - acknowlc_dyed t>afore me that y executed the same. WITf~IESS my nand and oft:c:al seal rn the County end State las* aforesa+ rh,s 25th__ dav of October .L ' r c~ y Public PaGf ~Je~4 Nota+ . ~ My Comm+ss+on Exp~•es 3~~~319 Nc)TAllr MIMIC STATE OF A104A1A AT tAK~ 4-6014-000.7 Rev. 8/77 Mfr COMMISSION O~i~iS MAY . t2 1982 F ° ' v""