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HomeMy WebLinkAbout2222 - - a - } DIRECT ftOME IMPROVEMENT , Nt+Qi~~'~pG~ ,~.~s;~ ~ WITN Pt1TN11E ADVANCE . THIS MORTGAGE. made this ~ 2t}1 day of . A.D., 19 , batwaart`" Leonard 1~Iilliaia Nix aitid Nix his , pNortgagorl aM O t O co~Inty ltdortgeoael:. ~ - (Name o1 Sun B+lnk) _ WITNESSETH, that Mortgagor. for and in corpideration of the premises and in order to secure tM paymartt of tits Wincipal and ~ _ intpest On thf rate less hereiMftet definadl. Mortgagor henbY S~~*n+ts, astigra transfers and mortgages to Mortyaoee, its tueeenorsE and aetigrts forever, tfta tolbwing descnbad real property in Lt1Cie County. Florida. tp aril: Lots 21, 22, 23 and 24, Block 3, Unit 1, INDIAN RIVfOt BSTAIES, as recorded in Plat Book Lr~ 10, at page 43 of public records of St. Iucie county, Florida r . 3 (This is a Second tiortgage) . q.ot,l.a • M h1"erne a Tilw~ ~s ~ Ow On Clas C" h>f~glbl8he'~onMh+opMgle t 'i'-i ~ I o p pursuMll TO Chtp~? 71~ 1a4r Aaf! a T~E• _ CMrk Cir~uk Ctnfrt. 8t. UuoNr Oo., Htl. _ ~ ~ f ~ t gRGNT t SST - ~~~,sr- . ~ II~CQIt~ VERIFiEO ~.,z;~° J- ~'i (hereinafter referred to as tM Mortpsyed PropertYl; and tfte Mortgagor does hereby fully warrant the title to the Morti;spsd Property • : 'Y ~ ;and will defend the same against the lawful claims of all persons whomsoever. t~"Z Leo~lard William Nix and Joyce Nix ,the MskerlsT of that ~z;? ~ PROVIDED ALWAYS, that ii r w=~ (Insert Nsmelsll . ' }•w illl heir, legal represenutives or assigns shall pay to Mortgagee - ^ ~ arum promissory note dated flit date hereof (the Notel,~ a_ lo,oa3.2a _ ~i _ the principal sum Of ti as evidenced ru"airy' w~~l; terest srd upon the temps as provided therein the final i i;:I al lL , 18 ~ which Note provides that - - 'maturity dsu of the' Note and of this Mortgage being all instalments of principal and interest arc payable st tM office of Mortgagee, a at such other place ss the holder may designate in Q Q ~ writing, and that each maker and endorser agree to pay all costs of collection, indtding s reasonable attorney's fee. upon default in the payment of the Note, and that if default be made in the payment of any instalment thereunder and that if such default is not made , - , _ _ -s ~~..a.4 t. ;tiT iUC1% gtwd In aeeadaoos with file fermi Of [rte NOte, that the enure prnctpal wm ono at:crueo, ear+wlu arae~ssi si.~ii iiva.v::w v..c r••i~-= h ~ i without notice at the option of the holder thereof; and shall perform and canply with each and every stipulation, agreement and coy-. anent of the Note and of this Mortgage, then this Mortgage and the atste hereby created shall be void, otherwise the same shall remain in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the Luca and assess- ments on said Property; to carry inwrance against fire on the building on said lend for not less than = _-n*~a . aPPro~d by the Mortgagee,.with .standard mortgage bas clause payable to Mortgagee, the policy to be haled by the Mortgagee and to keep the f, building on said land in proper repair. This Mortgage shall secure tort 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 (20) Years from the date hereof, to the same extent ss if such future advances were made on the ate of the execution of this Mortgage, but wdt securod indebtedness shall not exceed at any m time the maximum principal amount of S plus interest, and any disbursements made for the payment p of razes, levies, or inwrance, On the Mortgaged Property, with interest On such disbursements. Any wdl future adwnces, whether w 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 severed by this Mortgage. This Mortgage is given for. the specific purpose of securing any and all inrdebtrdrtess by the _ w Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this d~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. Afl cove- Hants and agreements contained M this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this Q future advance clause. Siwuld any of the above covenants be broken then the Note artd all moneys secured hereby shall, without demand, if the ~tA Mortgagee, so elect, at once become due and payable and this mortgage may be foreNosed, and all costs and expenses of collection and reasonable attorneys' fees, including costs, expenses and reasonable attorneys tees on appeal, if collected by legal proceedings or through an attorney at law, shalt be paid by the Maker, and the same are hereby secured. ~ use. N~i1- I IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. r ~ Signed, sea and delivered uS in our ~ SEAL) t (SEAL) (Mort 1 ST E OF F10~'lda 1 1 COUNTY OF St Lucle i ~t.??)~'1~r~~r. I HEREBY CERTIFY, that on this day, before me, an officer duty autltori~`ag,uw, 9foresad and m the County aforesaid 1'- ~ . to take acknowledgments, personalty appeared ~~M' to be the person desuibed u~7 ~n and who executed the foregoing instrument and ~ ~ ~ _ i 'y~r~r - ecuted the same- W my hand and officwl seal in the County and State last of 1 • ~ bf A.O., 19t~_ . . ~ 5 NourY ~ p~'?••~ . AiE OF tLOR10A AT tAtIL~ My itsi6y~~c ~ O~tR~ is rout . ~,,...,,,,L, e~ e.,, ~ P~ t..e.a..R.n