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Home My WebLink About0646 . vIRECT NOME IMPROVEMENT ~ MORTGAGE 4~ 3 z5 tvITH FUTURE ADVANCE THIS MORTGAGE, matte this 22nd day of February _ A.o.. is 8U , Uetween' Charles Webster and Bessie A. Webster, his wife _ Sun Bank of St. Lucie County IMortgagorl and ir`rtOr tya~}ad1: (Name of $un Bank WITNESSETH, that Mortgagor, for and m consrderatron of the premises and rn order to secure the payment of the princrpat arxf interest on the note tors hrreineller Jefin2dl, Mortgagor hereby grants, assigns transfers and mortgages to Mortyayer, da iuCGeSSari and assigns forever, the following described real property in St. Li,1C1@ Coumy, Fbrrda, to wit: Lots 45, 46 and 47, Block 27, INDIAN RIVER ESTATES SUBDIVISION Unit $7, as filed in Plat Book 10, Page 75, of the Public Records of St. Lucie County, Florida. ~ Lvt 45 is a 1st :torta7sge nn V~ Lots 46 & 47 are 2nd Mortgage. '1~ - :.x-~;~ n ~ 1990 I:Ea 26 A!h ~ 27 ReCell+'ed • In Payment Of t.><a Oue On Class "C" Intf?tnpibls Persortel ' t ~ ~ f ~'urcuaM To Ch 134, Act! a ~ 71. FILED RFiC FZ.COr,:FJ fstptsr 71. ST.LUCIE COC+HTY.fIA. ROGER POITRAS~ • ROGER PC?ITRAS v~~ . T CIERK CI~CUtT~~ /J Cls?f, Circuit Court. St. LuCN, Co., Fla,. r 7 RfCtRA C~RIfl~^_ :r-.~ - , i ' _ ^ G y 1 > T Ihere+nafter referred to as the Mortgaged Property l; and the Mortgagor does hereby fully warrant the true to the Mortgaged Property and writ defend-the same against the lawful claims of all persons whomsoever. 'j . ! PROVIDED ALWAYS, that rf Charles and Bessie A. Webster _ ~j' _ , the Makerls? of that - their v certain promissory note dated the date hereof (the Note), hens, legal representatives or ass+gns shaft pay to Mortgagee the pnnupal sum of $ 4, 679.71 as evrdencrxl by the Note, with +nterest arxf upon the terms as provided therein, the final ~ - . maturity date of the Note and of this Mortgage being February 23, , tg 83 ,which Note provides that all installments of prrnerpal and interest are payable at the off,ce of Mortyagee, or at wch other place as the holder may designate in _ wriLng, and that each maker and endorser agree to pay alt costs of collection, including a reasonable attorney's fee, upon default in the ''n - payment of the Note, and that rf default be made in the payment of any +nstallment thereunder and that if wch default is not made - ~ ~ - - good rn accordance with the terms of the Note, that the entire pr rncipal win and accrued, earned interest shalt become due and payable w+thout riotice at the option of the holder thereof; and shall perform and comply with each and every strpulatron, agreement and cov- enant of the Note and of this 1lortgage, then this Mortgage and the estate hereby created shat! be vo+d, otherwise the same shalt rema+n rn iutf force. Maker covenants to pay the interest and pr+nc+pal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on said property: to carry insurance against fire on the burklrng on said land for not less than S n~'a ,approved by the Mlortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be hekf by the Mortgagee and to keep the bwldrng on card land rn proper repair. This Mortgage shall secure nut only existing indebtedness, but also wch future advances, whether such advances are obligatory or ~ to ;e made a::.".c ap;:o.^, of Aior;gar, or o*.heewrse, as arP made w:snm twenty (201 years from the date hereof, to the same extent as ~ rt wch future advances were made on the date of the execution of this Aiortgage, but such secured rndebtetiness shall not exceed at any O time the maximum pr rnapat amount of S n~a plus interest, aril any disbursements made for the payment U' of taxes, lev+es, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any such future advances, whether . _ obligatory or ro 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 -r!' U any other notes secured by this Mortgage. This Mortgage +s given for the specific purpose of securing any and all indebtedness by the _ ~ ~ Maker to Mortgagee (but rn no event shat! the secured indebtedness exceed at any time the maximum princrpaf amount set forth in [his _ r.~ - paragraph) rn whatever manner th+s indebtedness may be evrdencecf or represented, untrt this Mortgage rs iatrsfred of record. All cove- - Hants and agreements conta,nr~Tn-Lfiis Alortg.me shall be applicable to all further advances made by Mortgagee to A/akr~ under this i j ! future advance clause. ~ ~ - _ p w ~ O Should any of the above covenants tie broken then the Note and al! moneys secured hereby shall, without demand, d the .k ~ Aortgagee, so erect, at once become due arut payable and this mortgage may be forectasecf, and aft costs arrcf expenses of collection and ~ ; reasonable attorneys- fees, including costs, expenses anti reasonable attorneys' fees en appeal, rt collected by legal proceedings or b ' through an a;to•ney at law. shalt by paid by the Maker, arxf the same are hereby ser_urecf. G1 - ~ ' IN 1yfTNESS WHEREOF, the Mortgagor has executed this Mortgage as of thP.date fast above set fiorth. J ; - 'r to ' S,gned, se:rlecl aril de:rverecf n`l m Our pr e - - - ISEAL? ~ IAlortyagorl ! lid ~ ~"~/E ~Lr - ~>~i~: s' i~! ~~~~~EALi IAiortyagorl . STATE OF Florida f f COUNTY OF St. Lucie i HEREBY CERTIFY, that en this day. be!ore me, an officer duly authonrecf in the State afo:esaxf and rn the County aforesaid ro take acknowled merits, sonatl a Charles & BeSSle A. WebSt me known to he the person descr+bed 4 l~ Y.. PPeared - m and who executed the lore • m +ldstrument and they they 90 9 - acknowlrrlgccf before me rhat executed the same. WITNESS my hand and ptf,C•al seal ,n'the County and State ~aSt ward th,s ;fay of February A.O.. 19 _$Q.__ . - " ~ cal R ll~~ ~ ~ - • ~C g1~~~wV P~CI: No yPublrc r~~,~ rueut: STATE OF FLOR 1 DA XT ~i?Ii(~ MY COMMISSION EXPlftfS DEC 19 1403 t...,.,.,,..,. a-soya-ooo-~ RtfY. em ~ BoNn:~ rh2u