The URL can be used to link to this page

Home My WebLink About2597 DIRECT HOME IMPROVEMENT MORTGAGE WITH FUTURE ADVANCE i THIS MORTGAGE, made this ~ih day of March. A.O., 19 .between' i i John L. Blake and Janet C. Blake, 81s i~life (Mortgagor) and 'l`tte ~ttn Sank of St Lucie County IMortgageel: (Name of Sun Bank) WITNESSETH, that Mortgagor, for and rn consrderatron of the premises and in order to secure the payment of the principal and interest on the note las hereinafter defined), Mortgagor hereby grants, assrgns transfers and mortgages to Mortgagee, its successors and assrgns forever, the following described real property in $t. Lucie _ County, Fbrrda, to wit: - t Lot 16 of Block "A" of the Revised Plat of COBBS PARR, a Subdivision according to the Plat thereof on file in Plat Book 8, page 54, of the Public Records of St. Lucie County, Florida. This is a Second Mortgage ~ 4 _ ,a~i)p X13. o r Nrraa ~ t~ - ~ s a~a ~ ~r~wu >I~m?. 9•q o ~ ie ~ ~ X80 MAR -6 AM i~ 31 o~c a~ar~ owe ~ udc o~, ~u.4 } w n ~ ~ ~ - lLERlt i~NtgNT CIINtt i - - - . 1 ht ~ ~ RfCRili ~'ER~O_.!~__-~.~, l ~ 3 ~ ~ II`~1~~ f v~, ' ~ _'I!l_~~ Iherernafter referred tp as the Mortgaged Property(; and the Mortgagor does hereby fully warrant the tale to the Mortgaged Property f i T 11111 and wid defend the same against the lawful claims of all pe+sons whomsoever. 3r': ~ , ~~+m--i~ PROVIDED ALWAYS, that if John L. Blake ~ Janet C. Blake, his Wife ,the Makerls? of that .r•t, 1 J- r. _rf~, llnsert Namels)1 ! - I D certain promissory note dated the date hereof (the Note1, thiPT hens, legal representatives or assgns shall pay to Mortgagee ' ! St9_94 7t i the principal sum of S - es ev~Srn~ed by the P.crte, wah ,:.t~crst ~.:.d upon the terms as provided therein, the final ' °-i~: i maturity date of the Note and of this Mortgage being _~p f~3 e , i94~ , which Notz proves ihat s r p pa payable at the office of Mortgagee, or at wch other place as the holder may designate in • ~ i'' l~! all installments of rind I and interest are Sf .r ~ 1 ~ ~ writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the I ; 'j . 4~+t-, ~ payment of the Note, and that if default be made in the payment of any installment thereunder and that if wch default is not made good rn accordance with the terms of the Note, that the entire principal win and accrued, earned rnteresi shall become due and payable U without notice at the option of the holder thereof; and shall perform and comply wrrh each and every stipulation, agreement and cov- i "t - enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherwise the same shall remain 1 1,)~ in full force. Maker covenants to pay tts:::::c:rz~ ire^_~_! ~r^^•^!';• ~-r'~°^ `x^•*^~^r+r covenants to pay the taxes and assess- . CD _ ' ~ ~ ~ ~ merits on card property: to carry,nsurance against fire on the building on card land for not less than $ n,/a ,approved ~ ~ ~ ~ Eby the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on card land in proper repair. This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch 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 p if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any time the maximum principal amount of S _ ~a plus interest, and any disbursements made for the payment ' ~ _ ~ of taxes. levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether u i oblgatory 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 ~ any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the f a f _ bfaker to Mortgagee (but m no 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 is satisfied of record. All cove- e nanis and agrxmenis contained in th:s A'.ortg3ge shall be applicable to al! further advances made by Morgagee to :'faker under this r w: future advance clause. ' O Oi _ to , ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the Mortgagee. so elect, at once become due diid payable aril :his rriatyoye may bz farcrfoscd, arti a!! costs a^~! expe.^.ses of collerr,or± and q yr ~ reasonable attorneys" fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or I ~ . through an attorney at law, shall be pad by the Maker, and the same are hereby secured. cA ~ _ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above :et forth. O ti' - ~ Signed, sealed and delivered H m our prese e' _ ~ ~ ISEAL) (Mortgagor( _ ISEAU IMorggagoi 1 STATE OF Florida 1 1 ~ COUNTY OF St. Lucie 1 ' I HEREBY CERTIFY, tha~a~~~,~f~re me, an off+r_er duly authorized m the State aforesaid and in the County aforesaid ' { -`jJ ~1 L b Janet C Blake to me known to be the person described to take acknowledgments. DQ'SOltalfy appe~?!4 ~ - - in and who executed the fr)repoing,ip~uJit/nf~at,W•,~" - the--V acknowledged before me that they executed the same. - •l L z WITNESS my hard and•official sddnihe `wnty sod State la resaid this _ ~ih day of March A D., 19 _~.Q . 'gam /O ~ • J.,~; N ry Public - " ~ Commiss+on Exp+F~TARY PUBIiC STATE Of - • MY COMIdISSIOt~i EXPIRES 19 142Z3~..., a-60t4-0047 Rev. 8/77 R(i(1rt~L..~l PA(./r.l~l O THRU GEN.RAI I:;; U':~,~c:•:,;-c,•