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Home My WebLink About2120 - .::z - DIRECT ROME IMPROVEMENT MORTGAGE WITH FUTURE ADVANCE ~ ~ - - 47q~1 THIS MORTGAGE. mtde t:tis _s-~t~1 ~ _ day of `~a~~X~ . A.D., 18 _vv , Mtween Frank C _ T.i(`.nstQ~ nnel RsYf~s..~ ? • 1~+----: 1Mortgagor) and Sun Ba k of St Lucie C,s1t,-t-T (Mortgage.); - [Name of Sun Bankl WITNESSETH, that Mortgagor, for and in consideration Of the premises and in orVer to secure iht payment of the principal and interest oft the note less here:natter defirtsdl. Mortgagor hereby grants, assigns transfers and mortgages to 111nrtgapee, its successors and a+sigrts lor«er, tr,e folk?wing dtrscrrbad real property in St , LuC E~CQUtt~ County. Fbrida, to wit: I,ot 29 & Lot 30, Block D, MARAVILLA HEIG~iTS, according to the plat thereof, as recorded in Plat Book 5, page 1, of .the Public _ Records of St.-Lucie County, Florida. Sa ~ ~ tiEASS 'C ty?`ITAw6 f3lf PcRSOl1Al r~(~e • T TD •.ila-... - ACTS Qf ll71. arc a~ cowlT, :z. ~ cae 1981) JAN 30 A~ iii 06 - FILEO ANO RECORIkO _ ST.LUCi C TY.FLl1. S T A7" ~ F L v ! ~ 1 ~ Rost °~iTRAs i?JCUM.E_N_ ~A_RY.-= - S i AN,s' i t; X ~ CIERKCIRGIpT Tl c-+ I,~F1. ~i FEfyEKUE , J% .q REC!)!!D~_'ERIFIEO__ t ~ _ ~ i f . ~ - (hereinafter referred to es the Mortgaged PropeRyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and will defend the same against the lawful claims of all persons whomsoever. - PROV IDED ALWAYS, that if Fes' ~ C . Li .auai 8r Bar-bare A _ - LiCaus i ,the Maker(sl of that (Insert Namelsl) - certain promissory note datedAthe date hereof (the Note), heirs, legal representatives or assigns shall pay to Mortgagee the principal sum of S ~ n, 726 • ~g as evidertted by the Note, with interest and upon the terms as provided therein, the final maturity date of-the Note snd of this Mortgage being 1-24 , 19 85 ,which Note provides that all installnertts of principal and interest srs payable st the office of Mortgagee, or at such other place as the hokkr may designate in writing, and that each maker and endorser agrce to pay sll costs of collection, induding a reasonable attorney's fce, upon default in the payment of the Note, and -that if default bs made in the psyment of any insiallnent thereunder and the: if such default is noc made _ good in accordance with the terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable - - without notice st the option of the holds thereof; and shall perform and camphr with cedt and every stpulation, agreement aitd eov- ertant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain - in full force. Maker eovertants to pay the interest snd principal promptly when due. Mortgagor coverwtts to pay the taxes and assess- _ ments on said property; to carry inwrance against fie on the building on said land foi not less than S YI,~a .approved by the faelortgagee, with standard mortgage bss douse payable to Mortgagee, the policy to be hekf by the Mortgagee and to keep the buiklirtg on said land in Proper repair- - Thir Mortgage shall severe not only existing indebtedness, but also suds future advances, whether such advances are obligatory or to be made at the option of Mortgsgce, or otherwise, as are made within twenty 120) years from the date hereof, to the same extent as - if such future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall rat exceed at any i ~ ! time the maximum principal amount of S n ~A plus interest, and ariy disbursements made for the payment _ ` p I of taxes, levies, or inwrance, on the Mortgage! Property, with interest on such distwrsements. Any -such future advances, whether I obligatory or to be made st the option of the Mortgagee, or otherwise, may be made either prior to or _after the due date of the Note or Q any other notes seared by this Mortgage. This Mongage is given for the specific purpose of securing any and all indebtedness by the w ~ Maker to Mortgagee (but in rto event shall the seared indebtedness exceed at any tine the mar.imum principal amount setfortt. in this i a paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- n ~ rants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Make under this ~ future advance clauses c z x Shoukf any of the above covenants be broken then the Note and all moneys secured hereby shall, witlaut demand, if the w ~ Mortgagee,-so ekxt, at once became due and payable aril this mortgage may be foredosed, and all costs and expenses of collection and ~ reasonable attorneys fees, including costs, expenses and rcesortable attorneys fees on appeal, if collected by legal proceedings or H r1 through an attorney at law, shall be paid ~y the Maker, and the same are hereby seared. cn .--1 - ? ~ N WITNESS WHEREOF, the gagor hasexeated this Mortgage as of the date first above set forth. a~ CAI - _ ~ ig ,sealed and delivered Frank C LiCs~i~~~~ ~A7~ (SEAL) (Mortgagor) s _ ~ / y (Mortgagor) - _ Barbara A, LiCausi STATE OF FlOrid8 ) COUNTY OF St . Lucie ) _ , 1 HEREBY CERTIFY, that on th:s day,. before me, an officer duly authorized in the State aforesaid and in the ~otrnty aforesaid p ar~ to me k i'0` ~`+~t trt'•' desuibed to take acknow ts, personaUy appea:sdF in and who executed the tortgoiag instrument and acknowledged before me that exeaTefty.g same. WITNESS my hrd and official seal in tM County and State , a resaid thK _ 25-th - rs`~ r s A.O., 19 - - - ~ __~::f~~ ~ ! - _ .t ~ ~ My Gtmmission Expir~Tnar PU6l1C S~?TE.tiF~tt$~? E= ~ 800K~~ P1GE~~ Mr con~itsuc~~~; . a~o1~00pJ R«. 8!'17 lfOi+DfD tHRU GEf~NT`., .r,r... ~.,N