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HomeMy WebLinkAbout0452 • - - ~ ~ DIRECT HOME IMMOVEMENT ~ MQRTGAGE ~a ~3'`5°(° WITH F6ITNRE ADVANCE - 4~~~ THIS MORTGAGE. made this 1St ~y pf Feb~rtulrY , A.O.. 19 80 , between' _ Nillias F. 8se11 aad Judy i. 8se11, his wife ~~r1 ar,d - Sun Bank of St. Lucie Qounty - .lMortQageal: - (Nana of Sun f~ankl WITNESSETN. that Mortopor, fa and in consideration of tM premhes and in order to teicure the payment of tfta principal and interest on the rote lss hereinaher tNf inadl. Mortgagor hereby grants. asian transfers and mortgpes to Mortgagee, its wccasaors and assigns torevet, the folkswing daenDad reset property in St. Lucie County. FbriM, to wit: ~/D Lots 36 and 37, Block !I, MAItT?VILL11 ESTATES, as per .b plat thereof on file is Plat Book 8, page 77 of the ~ _ F~uhlic orrde of St. S~xcie C~ut:ty', Florida, THIS IS A S800hID lIORTGAGB • 1980 f EB -5 AN ~ 57 n a ~a-~ _In Pav~t a T~ ST E~ t Y~ A• Due On Class "C" IMSnpi~e Petsottsl ~N• . ~ pWTR~A ou?suant To ChsplaM 71.134, Attt Ot X571• _ , a cllta~T colts leoe~n ~a~aas 9~~ - - - - ~ accola vEalfl rlt+.h c+n~le Oolrt, St 1~. cO•• H?• ° ' ~4'~5152 . L 2 ~ ~ (hereinafter referred to as the Mortgaged Propertyl; srd the Mortgagor does hereby fully warrant the tick to the Mortgaged Property i 11 f i and will defend the seine against the lawful claims of all persons whomsoever. ililliam F. and Judy I. Ezell PROVIDED ALWAYS, that if ,the Mskerlsl of that- i. ` ~ certain promissory note dated the date hereof lthe Notel, their heirs. legal representatives or assigns shall pay to Mortgagee - ~ ~ a„ ~ I the principal sum of : 1.36 _ 70 as evidenced by the Note, with interest and upon the terms as provided therein, the final ;'-~.Z•r :maturity date of the Note and of this Mortgage being F~~~y 2 19 85 which Note provides that Z" ~ all installments of principal and interest are payable a< the office of Mortgagee, or at such other place as the hokfer-may designate in - 1(11 ~ ~h~' artd that eater rrssker artd endorser agree to pay all costs of collection, irtNuding a reasonable attorney's fee, upon default in the ~,o ~ payment of the Note, and that if default be made in the payment of any installment thereunder and chat if such defsuh is not made °D ~ good in axoMsrroe with the terms of the Note, that the entire prirtt:ipal sum and accrued, earned interest shall become dire and payable i without notice at the option of the hokder thereof; and shall perform and comply with each and every stipulation, agreement and twtr- ' ~ I I ~ 1'i i anent 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 torte. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- y merits on said property; to carry insurance against fre on the building on said land for not less than = ll~a , approved . T :L'i.;i by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the , s ~ r buikfirtg on said lend in proper repair_ This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or ~ to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 Years from the date hereof, to the same extent as f ~ if such future advartees were made on the date of the executron of this Mortgage, but such secured indebtedness shall not exceed ffi any } ~ time the maximum principal amount of S n/a plus interest, and any disbursements made for the payment m U of taxes, levies, or insurance, on the Mortgaged Property, with interest on such disbursements. Any such future advances, whether 'j' obligatory 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 Q ~ any other notes secured by this Mortgage_ This Mortgage tt given for the specific purpose of securing any and all indebtedness by the .•a„ ~ Maker to Mortgagee lbut in no event shall the secured indebtedness exceed st any time the maximum principal amount set forth in this r7 paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- - a N Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this Q future advance clause. ~ Z p ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the ~ ~ D Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and r ~ p I ~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or _ ~ ~7 Il through an attorney st law, shall be paid by the Maker, and the same are hereby secured. - r z ~ 00 IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth_ ~ ~ ~ ~ ~ t ~ Sgrxd, sealed and delivered ~n our presence: / . ISEALI 1Mor 1 - ISEALI (Mortgagor 1 STATE OF Florida 1 COUNTY OF St. LuCi6 1 r 1 HEREBY CERTIFY„;flit ~ri'~is day, before me, an otficer duly authorized in the State aforesaid and M the County aforesaid - `~~..r• rr pr~r . to take acknowkdgmen`s$r Williala F & Judy Ezell to me known to be the person desuibed ~ 3r ,y . rn and who executed-tditl`~ipot` they ackn before me that they executed the same. •~rr, . let February WITNE$S my h~~,~y~~f, - _ ty and State last ator the of 80 ~s-~ f r 4jl •~~l;~ ~ >rr,_ Notary Public t t'~. y~:~~ '7 MY Commission Expires: - _ _~~l~'. A~~:~ ` ~ ttIgIARY_Itlltic sun a ffJOR1pA A?_ tAlla 9 ~ E..~...... - . ..80,..~.T liar_ clam