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HomeMy WebLinkAbout1086 _ • - a DIRECT HOME IMPROVEMENT _ ~ ` Y/ITH FUTURE ADVANCE ~~~q ~ ~ l ; THIS MORTGAGE, made this 18th day or January ! , A.D., f9 80._. , betw.en' Rose Adderly, A/K/A Rose Ethel Adderly IM~rtgagor? anti un an o uc a oun y - (Mortgagee); (Name of Sun Bank) WITNESSETH, that Mortgagor, for and iii consideration of the premises and in order to secure the paymast of the principal and interest on d.e note lss hereinafter defined), Mortgagor hereby grants, assigns transfers and mortgages to Matgsgee, its waeasors and . assigns forever, the following described real property in _ St IrnCiB Couhty, Fbrds, to wit: Lot_12, JACKSON'S SUBDIVISION, acLordinq .to the plat thereof as recorded in Plat Book 3, Page 83, Public Records of St. Lucie County, Florida. - ~ t t t . REEEIMEO f?• dom.. M[ R1?1rYOR OF TAX~3 OiIE 111 fxJlSS 'C IffTAf~t6~RLE F: RS;Xi l PROPER'fY~ rURSUANT TO C[IJIPTEIt 71-i.:4, ACTS w ~7L R46Eft PC[TtJIS ,j•~~ ct~[c,c~[t COtlAT. sT. L[!~E CO. fu(~ • ~ . - ~ JAN 23- ~ ~ -_-~~._.i»-~~-~t~:C~-~ Jam. ~ ~ Z~ 34 ; ~~1~.-=. ~ _ i z _ r ~ tiLJ,~':E~iTAR~ ~ STA•Mi• il:? - fCEO~NOR TT 11 ' `Y t;.~; .%:~T:LYLiuJL r~.ir _ i ~R~ERP~TRAS~ - ~ _ _ _f ~ _ ~ ~•3~ ~ .`mot ~ ~ 0 3. ! ~ ! - c~Eroc cu~curr coin . e- ~ ~ ~ ~ 7lECORB YcRIFfEOr,. ' - (hereinafter referred to as the Mortgaged Pre?t°rtyl; aM the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wilt defend the same against the lawful claims of al! persons whomsoever. PROVIDED ALWAYS, that a Rose Adderly, a/k/a Rose Ethel AdderlxtheMakerls)of.that _ [Inset NameisU certain promissory note dated the date hereof (the Notel, her beKS, Iegal representatives or assigns shall pay to Mortgagee 2030.72 _ - the principal win of S as evidenced by the Note, with interest and upan the terms as provided therein, the final - rTan . maturity date of the. Note and of this Mortgage being 1 ~ , 19 8 3 ,which Note provides that all installments of principal and interest are payable at the office of Mortgagee, or at such other place as the holder. may designate in writing, and that each maker and endorser agree to pay ail costs of collection, including a reasonable attorr.~sy's tee, upon default in the . - payr-.cent of the Note, and that if default be made in the payment of any installment thereunder and that ii wch default is not n+ade good b accordance vrith the terms of the Note, that the entire principal sum and accrued, earrtcd interest shall become due and payable without- notice at the option of the holder thereof; and shalt perform and comply with each and every ~ipulation, agreement and rov- • _ errant of the Mote and of this Mortgage, then this Mortgage and the estate hereby cr2ated shat) be void, otherwise the same shah remain - in fi:lt force. Maker Caveriants to pay the interest and principal promptly when due. Mortgagor cow±rwnts to ay the taxes aid assess- - ments on said property; to carry inwrartce against fxe on the building on said lard for not less than S N ,approved by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mart building on sad lard in proper repair. 9a9ee and to keep the This Mortgage shall se.-ure not only existing indebtedrtrs, but also such future advances, whether such advances are obligatory or to be made at the option of Mortgagee, nr otherwise, as are made within twenty (20) years from the date hereof, t~ the same extant as if such future advances were made on the dace of the execution of this Mortgage, but wch secured indebte~ness shalt not exceed as any ~ t time the maximum principal amount of $ N/A plus interest, and any disbt:rsementsmade for the payment t of taxes, Ievies, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future aovances, whether obligatory or to be made at the uptbn of the Mortgagee, or otherwise, may be Trade either prior to or after the due date of tbe Note or i any other notes secured by this Mortgage. This Mortgage a given for the specific purpose of Secunng any and all indebtedness by-the u. Mater to Mortgagee (but in np event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this } a ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage b satisfied of record_ AH cove- nants and agreements contained in this Mortgage shat! be applicable to aII further advances made by Mortgagee to Maker under the - ~ ~ future advance clause. z ~ Should: any of the above covenants be broken then the Note and alt moneys secured hereby sliatl, without demand, if the v Mortgagee, so erect, at once become due and payable and this mortgage may be-foredosEd, and a!1 costs and expenses of cotterrion and reasonable attorneys' tees, including costs, expenses and reasonable at*oineys' tees on appeal, if collected by legal proceedings or throagh an attorney at law, shall be paid by the Maker, and the same are hereby securtxf_ Z } Y IN WITNESS WHEREOF. the Mortgagor has executed this Mortgage as of the date first above set forth. Sig~ied, sealed and de:ivered ,n Qur p nce: !SEAL) IS1ort r) ~ ' i - ( - _ (SEAIi (Mortgagor l STATE OF Florida l • _ St. Lucie COUNTY t~F 1 HEREBY CERTIFY, ~tyytpld»_ ~t[M~tel?ay, before me. an officer duly auawn¢ed in the State aforesaid and in t'ie County aforesad Rose Ethel Adderly . to rake acknowledgnienis -~eiiT~_+~-~- to me known .o be-the person described ~ . m and who executed :he,iQ~sgOiitg'isitnJrlspnt 3rtd~- ahp acknowti?d•~ed before me that she_.xearted the same. ~~f - W17N~S my twri~ ~rcirl-see: in'the County and State last a oresa :s 18th day of January . .~r : , Notary Public f~3 i.,''.. ~ - My Commssion Expires. . ' ~ ~ - NOTAt~ 1"I~IC RA1E a 1LOtpiA•AT tA[t~ ry~~ - • ~r ~lflss[a~ ovlea ~Y . tz t9at 4-6014-0OD•T Rev. 8/77 _ gtf ~ ~ F r..., suet 001Jb® ifr116ft~/LL ifgS. IAiLJFR11Ri~