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Home My WebLink About1346 ' ~~--~rvn~~3 u~RECT HOME IMPROVEMENT MORTGAGE ~ t H FUTURE ADVANCE . 4'7'~1~4bi'~' N THIS MORTGAGE, made tnis 1(Zi~h day of March A.o-. 19 ~.Q_ ,between Ra>yYtl sari Snyder (Martgagorl and Sun Bank of St. Lucie County _ IMertgageel: lNameof Sun Bank) WITNESSETH, that Mortgagor, for and m consideration of the premees and•in order to secure the payment of the prinapal and interest on the note las hereinafter definetll, Mortgagor hereby grants, assigns translers and mortgages to Mortgagee, its successors and assigns forever, the lollowing described real property in County, Flprida, to wet: The West 32.44 feet of Lot 4 and the East 32.44 feet of Lot 5, Block 5, MARAVILLA PINES, a subdivision as per Plat thereof recorded in Plat Book 6, Page 39, of the Public Records of St. Lucie County, Florida. 1980 NAR 14 A!I 11~ I S ~ ~o RE o lECflrED IN PAYMOfT OF T~ ST UC E COINiTrr.iLA, ~ ~ DtlE ON CLALS 'C' INTAN6'BLE PERSONAL PROPERTY, R POITRA pQRSUANT TO GNAPTEit fl-r~4. ACTS OF T~71. ~ CiRC1AT COUtT R06ER POITftA$ RECr1M VERIFIER • amt cttRCVIr COYRT, iT. ItlGE 11~ ~i~~ r 4 I.7Y~ (hereinafter referred to as the Mortgaged Propertyl, and the Mortgagor does hereby fully warrant the title to the Mortgaged Property ~ ~ and will defend the same against the lawful claims of all persons whomsoever- i o ~ PROVIDED ALWAYS, that if Kathleen H Snyder ,the Makerlsl of that - - ~ [Insert Namelsl) ~,l certain promissory note dated the date hereof (the Notel, heirs. legal representatives or assigns shall pay to Mortgagee i , the principal sum of S 3.398.32 as evidenced by the Note, with interest and upon the terms as provided therein, the final ' ~ March 9 maturity date of the Note and of this Mortgage being , 19 ~ ,which Note provides that all installments of pnnwpal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in - writing, and that each maker•arxl endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the paymen*, of the Note, and ths! if default be made in the payment of any installment thereunder and that if wch default is not made good in accordance with the terms of the Note, that the entire pr incipat vein and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- ' ~ I errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain 4 - ~ in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- merits on said. props+ty; to terry insurance against fire on the building on said land for not less than S ~~,T~- ,approved ` by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the E budding on said land in proper repair. 'I 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 (20) Years from the date hereof, to the same extent as if wch future advances were made on the date of the execution of this Mortgage, but such secured indibtedness shall not exceed at any ! n a plus interest, and any disbursements made for the payment { = time the maximum principal amount of $ i of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether 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 securer! by this Mortgage. This Mortgage is geven for the spe~Cific purpose of secwmg any and all indebtedness by the ~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth m this ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- - ~ .,y...s ~n.i r,~me,,a rnnta~nar~ in th~c F~In.raaoa shall be applicable to all further advances made by Mortgagee to Maker under this future advance clause. _ Should any of the above covenants be broken [hen the Note and all moneys severed hereby shall, without demand, if the Mortgagee, so elect, at once becomg due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and reasonable attorneys tees, including costs, expenses and reasonable attorneys" tees on appeal, d collected by legal proceedings or T through an attorney at law, shall be paid by the Maker, and the same are hereby secured- . .-a IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage ax of the date first above set forth. r~ S,gned, sealed aril delivered Kathleen H . Snyder in our presence > ? ' ~ - ~ - J ! ~ (Mortgagor ~I.LCi ~'I/• i~~'l.'~iV (SEAL) ~ (Mortgagor) x r STATE OF Florida COUNTY OF St . Lucie I I HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the Stare aforesaid and in the County aforesaid ro cake acknowledgments, personally appeared ]s; i~~h~01~~i:~s-,.r~'TLTd,3eY- to me known to be the person described in and who executed the foregoing ms:rumenc and she-.~ ~ , _ i, s~ edged before me that she -executed the same- 10r_h WITty,E$$ my hand and official seal in the County apd~te tas;~gies~id _ day of March , A.D.. 19 jSO ~•~';'rv ~s~Jl! • `~i.'- / f ~ guoa~? PdCE1345 ` Myiao:Jmm_isstG~ Expires: rrr.Ar.~-~r""'' r1~OT/1RY !TALK RATE Of PIpRIW? AT LAS oJt4-000-7 Rev.B/7T • ~ Mr CUJ~MISSIOM El~I~S OEC•. 3 1902 !c]I~tD i1~1 C~iRK r~ .1+1~7E~VHtlT!!S _ ~ - 3