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HomeMy WebLinkAbout1761 MORTGAGE - ~ ~ y~- 4~6433 THIS MORTGAGE, made this HQY~ 15 day of November A.D., 19 79 , tretween' 3„~.-y1T~„~-- - (Mortgagor) aril Sun Bank of St. Lu~~e CountT~ - (Mortgagee?: . (Name of Sun Bank) WITNESSETH, that Mortgagor, for and rn consrderatron of the premises and in order to secure the payment of the principal and interest on the note las herernatter detinedl, Mortgagor hereby grants, assigns transfers seed mortgages to Mortgagee, ns successors and assigns forever, the fotlowrng described real property in .St LUCie County, Fbrida, to wet: Lot 14, Block 2, LA JEAN SUBDIVISION, as per plat thereof on file in Plat Book 9, at page 29 of the public records of St. Lucie County, Florida. d ~ ~'0 D .3 i 9 E,0`•1 19 P:~ 2= 4 3 Rfcswea s - 7 In Payment of Tfnnt - Cus On Class "C" Intangible Personal ~roM't1~, - FaEO tNfi : • ~uxaE i1 Pursuant To Chapter 71. 134, Acts Or'~71. ST.LUCIf CC::NTY.fi a. nOGER PCtiTR:.5 ROGER POITRAS s CLERiS C1RCUt7 C)" 3," rl~r! CirCYit C011R. St. Lucis, C4.. Ra. v ~ 466433 i y~.Ij ~~r~ - ' rn - ~ ~ i fT - ,fit t : Iheremafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the tale to the Mortgaged Pro ert - P y and wed defend the same against the lawful claims of all persons whomsoever. ~ z1 PROVIDED ALWAYS, that rf Kenneth R. York & J Bern ~ ~A York ,the Makerls) of that • T jlnsert Namelsl) ' ; - r certain promssory note dated the date hereof (the Note), their hens, legal representaUVes or assigns shall pay to Mortgagee i 1 - - the pnncrpal sum of 5 S , 369.34 as evidenced by the Note, with interest and upon the terms as provided therein, the final O ~ . maturity date of the Note and of this Mortgage being 11-15 , 19 84 ,which Note provides that r,p - all installments of pnncrpal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in • _ m,ting, and 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 if default be made m the payment of any installment thereunder and that rf wch default K not made C _ good m accordance with the terms of the Note, that the entire principal win and accrued, earned ,merest shall become due and payable r. _ without notice at the option of the holder thereof; aril shall perform and comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then th,s Mortgage aril the estate hereby created shall be vo,d, otherwise the same shall remain in full force. Maker covenants to pay the interest and pnncrpal promptly when due. Mortgagor covenants to pay the taxes and aszess- merits on said property; to carry insurance against fire on the building on sa+d land for not less than_$ n a ,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 repau. This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are oblgatory or to be made at the option of Mortgagee, or otherwise, as are made wrthu, twenty 1201 years from the date hereof, to the same extent as rf wch future advances were made on the date of the execui,on of this Mortgage, but such secured indebtedness shall not exceed at any time the maximum pnnupal amount of S - Y1Ia plus ,nterest, and any disbursements made for the payment _ of taxes, lev,es, or ,nsurance, 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 poor to or after the due date of the Note or any other notes secured by this Mortgage. This Mortgage rs g,ven for the specrLc purpose of securing any and all rrxlebtedness by the ~ Maker to Mortgagee (but m no event shall the secured rndebterlness exceed at any time the maximum pnncrpal amount set forth m this ~ ; paragraph) rn whatever manner this indebtedness may be evrdented or represented, until the Mortgage rs satisfied of record. All cove- r-l , Hants and agreements tontained m this Mortgage shalt be applicable to al! further advances made by Mortgagee to Maker urxfer this Ca future advance clause. w Should any of the above covenants be broken then the Noie aril all moneys secured hereby shall, without demand, d the Mortgagee, su elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of toliectron and ~ reasonable attorneys' fees, mcludrng costs, expenses and reasonable attorneys' fees on appeal, rt collected by legal proceedings or through an attorney at taw, ;hail be paid by the llRaker, and the same are hereby secured. _ ~ - CJ) IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above zet forth. Signed, sealed and delrverecf Kenneth R. York rn esence Q~ - (SEAL) • (Mortgagors r~'t''~' SEAL) (Mortgagor ) . Bernice York STATE OF Florida ) 1 COUNTY OF St . Lucie ' 1 HEREBY CERTIFY, that on this day. before me. an officer duly authonred in the State aforesaid aril m the County atoresard to take acknow:edyments, personally appeared KennLeth R. • & J . BeYrnile~~ me known to be the person described m and who executed the foregoing instrument and _tlle~; ,•r a~ftno~wledgetl~~p me that ~,Q~_ executed the same. WITNESS my hand and offiual seal m the County and Stafe'iast a resaid ttis ` day of venn~or A O . 19 _Z Q___ NA~cxuu cz--- --y - erary Puhlic (IRe~e~ ? .-}lily Gorrjtnrssion Expires: I BOOK J~V PaGE 1~~ ; MoT~ut /U{lIC STAIE Of H.ORIDA Al LAKi ~-6014-000-7 Rev. 8/77 - , Mti GG1MMtSSIt)Ii EXi1RES Vii. 3 192 ` _ _ 11r1 fiiiliNN ~ . tJWERWN~