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HomeMy WebLinkAbout1301 .a• MORTGAGE ~3~st3s ~ ,~:ItEC7 HOME IMPROVEMENT ~ t H FUTURE ADVANCE 4 X9456 THIS MORTGAGE. matte th+s._._ 21 h~_-- day of March A.o., 1980 ,between' -Bradford L. Jefferson and Nanc r~Cockerill Jefferson, his wife_____ In~tortgagarl and Sun Bank of St. Lucie County Ft. Pierce Fl. _ _ (fvtortgagee?: (Name of Sun Bankl WITNESSETH, that Mortgagor, for aril rn consrderatron of the premises and rn order to secwe the payment of the pnnc+pal and interest an the Hate las herernaher delrnedl, Mortgagor hereby grants, assrgns transfers and mo+tgages to Mortgagee, rtssuccessorsand assrgns forever, the following described real property rn ___~1t._L11CiS__~Q3lI1tY-- County, FlorKfa, to wet: Lot 8, Block 1, GRANDVIEW GARDENS, as per plat thereof recorded in Plat Book 16, page 16, of - the Public Records of St. Lucie County, Florida. 1~ - - Recshfsd t ~~_b harnsrK Of Taxtf 190 NAR 14 AN 06. o~ o~ c~sfn Ne" ~nesegei.!'w>tonNprop+•ty, p.rat,elm To Cnap1K 7t. tit. Ilea a *l~+, ffLE01?Ilt! Ptt-CORUtU RO(~y1 ~p~g Si.ltlC E COWTY.FiA. ~ rtw?~ Ctreuit ~ ~ r-~ w Rp6~R PpITRAS. 6tfRK CIRCUIT C4UR ~ i RECAR9ITERIFIEO r 4'79456 ~ ~ Ihere+nafter referred to as the Mortgaged Property: and the Mortgagor does hereby fully warrant the uUe to the Mortgaged Property ~ and wul defend the same against the lawful claims of all persons whomsoever. ~ ~ PROVIDED ALWAYS; that rr Bradford L & Nancv Cockerill Jefferson ___,tneMakerfsloftnat • 1 jlnsert Namelsll - J ~ certain promissory note dated the date hereof (the Hotel,-fir--- hems, legal representatwes or assrgns shall pay to Mortgagee the pnnupaLwm of S ? Q,043.24 as evrcfenced by the Note, with rnterest anef upon the terms as prpwded therein, the final maturity date o1 the Note anti of this hlort age been March 11th _ , 19 85 _ , which Note prov+des that 9 g - _ ~ all rnstaltaents of pnnupat aril rnterest ate payable at the oflrce of Mortgagee, or at wch of her place as the holder may des+ynafe in writing, and that each maker anti erxlorser agree to pay all costa of collection, including a reasonable attorney's tee, upon default in the payment of the Note, and that rf default be made rn the payment of any installment thereunder and that rf wch default rs not made good rn accordance wrth the terms of the Note, that the enure pnncrpat win and accrued, earned rnterest shall become due and payable ~ I without nonce at the opuon of the holder thereof: and shall perform and comply wrth each and every supulahon, agreement and cov- enant of the Note and of th+s Mortgage, thtrn this Mortgage and the estate Hereby aeatecf shalt be void, otherwrse the same shall remain _ - m full force Maker covenants to pay the rnterest and prrnapal promptly when due. Mortgagor covenants to pay the taxes and assess- merits on seed property; to carry insurance ogarnst free on•the fwrlding on card larx) for not less than S _n___IA _ ,approved by The Mortgagee, with standard mortgage loss clause payable to Mortgagee, the. policy to be Held by the Mortgagee and to keep thg bund;ng on card larxl m proper repau. • Thrs hortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are erhirgatory or to be m,>rfe at the optron of Mortg:,f{ee, or otherwrse, as are made within twenty 1201 Years from ?he date hereof, to the same extent as ~ !such future advances were made on the date of the execution of this Mortg+ye, but such secured indebtedness shall not exceed at any time the rnaxrmum pr,nc+pal amount of $ _ plus usterezt, arxf any disbursements made fur the payment U of taxes, levees, or rr•.surance, on the h'lortgagecf Property, with rnterest On such disbursements. Any loch future advances, whether obLgato•y or to he made at the optron of the Mortgagee, or otherwrse, may be made enher prior !n or after the due date of the Note or any other rotes secured by this Mnrtc;age Thrs Mertga^~ gr:en for the Specific purpose of securing any and all rrxJebtedness by the I h!aker to h7ortyagee abut ~r. no event shalt the secun_d indebtedness exceed at any trine the maximum pnncrpal amount set forth in this I y parayraphl :n whatever manner this mdebtvrfness may be> ewdenced or represented, unlit this Mortgage rs s,-rrished of record. Atl cove- t 3 ~ na,:Y; arxf agreements contained rn ?his P•lortyaue shat! be ap{~trcatrie !o all further advances made. by f.Aortgayer• to Maker under this ~ W fuTUr•• advance CiJU ie. ~ O . Shou~d any of she ,rbove covenants tx> hroFen then the Note and a.l moneys setcurerl hereby shall, wrrhout demanl, ri the • tnr tyaye2, so e~ect, at onci> become due arxi payable and this mortgage maY txt foreGosetf, and all co,ti end expersses of cOiiectron arxf i+ C s'J •eawn,rbie aT'o•neys' fees, rnctuding costs, .•xpc;nses and reasonahle attorneys' fees on appeal. r` collected by legal proceerfrngs or - ~ ~ >rough a+t atto•nry ai ';iw, ;halt b•• par:f by hr• h".aker, and the same are hs>reby secured. Sr ~ IN tYITNESS WHEREOF. *r,~ ISlTnrtq:,gnr ha,.uecut+;rf shit hloru{:+ye as of ?he date r t af> e ? orth. rf $:ynt•d ;«•aiecf and de.,vFrv.1 - ;n UUr e; Seri C? r °r~y _ ISEALf • - - - - - - - IMor t a i ` ISEALi ~Ij-+~••~--- - - - - - _ Ihlorty gor) STATE OF Florida ' i COUNTY OF St. Lucie , - I HEREBY CERTIFY, Thar on th•s dav. tre`ct•> mP, an ofLCer du~y authrrrveYf ;h•r $saw afor2sa,d anri in The Cnuniy aforesaid y_____._-____ to me knr,'rn to be the person described ~ rU 'ak.> arkn0'.v:eciument S, pet SOnatly ~tspeared Bradford ~ Nane Jefferson n ,rid r.ho executed th.• forego:nq ~ns:rument and - -they ack•~owi«dgr>d trfure me rha? -they _ executed the same WITNESS my hanf ant' otfrC!dl ?Xay trio Cnw,Ts' and Stat•' tas• afUrv;a,d th•; .~1~_ _ 'fay of _Malrli--_- A O . t9 --$II-_ r;- I - - to+y Pubtr(: PIOTARY C3E;C STATE CF R.Ot/DA A-T~Ai~ i ~ v Commission Expires MY COt+Ith~i5S10N EXFI-r2:S DEC 19 1983 BONDED ]HRU GEt.ER:.I INS UPiOERWRITERS ~ t a-ooo-~ Re,r. s~» BO H~ tJ~.? 1 Phi i.e~ . ~.s.~r ,r ~ ,