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DIRECT HOME IMPROVEMENT MORTGAGE ~ 48os91
W ITN FUTURE ADVANCE ~ ~ i
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TH IdORIGA E, msdi this 2~th day of ~~drCh 21 , A.D., 19 80 , betwsan'
~1S L. ~Y'O~sL 8J!(~ r orle rpst, s Wl a cMortgagorr and
Sun Bank of St. Lucie County ~
lMortgageel: i
(Name of Sun Bank) t
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WITNESSETH, that Mortgagor, for and in consderauon of the prertt~ses arxd in ordw w secu+u the Payment of the principal and 1
interest on the rwte (as hereinafter delinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and i
assigns forever, the following described real property in St. LuCle County, Fbrda, to wit, i
Lot 13, Block 753, Port St. Lucie Section Eighteen, according to the •
Plat thereof, as recorded in Plat Book 13, Pages 17 $ 17A through 17K, {
of the Public Records of St. Lucie County, Florida. €
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'Ifiis is a second mortgage.
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REt~I11E0 s l7. 3b IN PATM~tT OF TARE! ~ ~ Mn ZS My itT 4~ !
Dill 011 CL« SS •C lSiTANG BLE P, R~4!fdl. PR9PERTYi -
`'sj~ PttRSUANT TO W{APTi:R 71•..x. ACTS OF q7!• MQRE p !
R06ER PWTRAS SiT~i 1 CQU11
CIEWI OItCINT COWCi. iT. LSE CO,. F><A•~.yt1. ~ ~
PQ~ ~T
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• ~ a ' 480691
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- (hereinafter referred to as the Mortgaged Property; 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.
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1? PROVtOED ALWAYS, that if ~1S L. Propst Marjorie Propst, his wife ,the Makerlsl of shat
,-y;.: Itnsert Namelsll
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K~'~~ / certain promissory note dated the date hereof 11he Note), their hens, legal representatives or assigns shall pay to Mortgagee
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the princrpal wm of S 8679 •~l as evidenced by the Note, with interest and upon the t(elrnms as provided therein, the final
z maturity date of the Note and of this Mortgage being March 2~ , 19 ,which Note provides that
, - r all installments of principal 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 and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon defauls in the
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 ;
~ s~ good in accordance with the terms of the Note, that the entire principal wm and accrued, earned interest shall become due and payable
m without notice at the option of the holder thereof; and shalt perform and comply with each and every stipulation, agreement and cov-
_ enartt of the Mote and of this Mortgage, then this Mortgage and the estate Hereby created shall be void, otherwise the same shall remain
- = ~ • • • ~ t in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenams to pay the taxes and assess-
- - Z Z t ments on said property; to carry insurance against fire on the building on said land for not less than S ~a ,approved
by the Mortgagee, w,th standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and so keep the
build,rxl on said land in proper repair.
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• " ~ ~ This Mortgage shall secure nGt only exist,ng indebtedness, but atw wch future advances, whether such 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
,f wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
~ Q Lme the maximum nnu I amount of S nla
; U P Pa plus interest, and any disbursements made for the payment
-I of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether '
obligatory or to be made at the option of the Mortgagee, or otherwise, may be made ether prior to or after the due date of the Note or
C ~ ~ any other notes secured by this Mortgage. This Mortgage is given for the spec~iic purpose of securing any and all ,ndebtedness by the ~
Maker to Mortgagee (but ,n rq event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this
•H, paragraph) in whatever manner this mdebtednezs may be evidenced or represented, until this Mortgage s satisfied of record- All cove-
~ ~ Hants and agreements contained in the Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
~ o;'; crl future advance clause.
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z 2' Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, ,t the
z , ~ Mortgagee, so elect, at once become 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' fees on appeal, d cdllected by legal proceedings or
through an attorney at law, shall be pard by the Maker, and the same are hereby secured.
- IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth.
Signed, seal and delivered
- in our Ce: ~ ~ -
• O`/// (SEAL)
L. groPsk"ort )
`'Yo ,
• ISEALI
Ma jor' r~ rl •
STATE OF Florida 1
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COUNTY OF St. Lucie 1 f ,
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1 HEREBY CERTIFY, that on ihs day, before me, an officer, fy~etOrk m the State aforesaid and in the County aforesad
to take acknowledgments, personally appeared ~t1S L. ~ - ~ brie: ~ St io me known. to be the person described !
m and who executed the forego,ng instrument and th Y ` ~itknohr~ before me that - t e e~xe~cuted thg same.
WITH my hand and off,aal seal in the County and a ast•a ~!r id r day of ~ LL- r~ffZ • }
A.O., 19..
. Nc)tARtr hA[K STAB q 110RIOR AT Mb _
~ a~ aCT. i0 N~2 Pxpires:
4014-0007 Rer. 8/77 ~ _.~Vr.K r.r„
8U01~~ P?GE
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