Loading...
HomeMy WebLinkAbout0235 oIRECT HOME IMPROVEMENT MORTGAGE 4~ ~ ~ - ~ 3~ 5 ~ ~ WITH FUTURE ADVANCE 2408 N r THIS MORTGAGE, made this 7th - day of April . A.o-, 19 ~Q_ ,between' Ella b!arie Williams Ihlortyagor) and Sun Bank of St. Lucie Co. _ ~ IMortgageel: (Name of Sun Bank I WITNESSETH, that Mortgagor, for aril in consideration of the premises and in order to secure the Vaymem of the pnnupal arxi uaerest on the note (as hereinaiter defined!, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assrgns forever, the following described real property rn Sty Lucie .County, Fbrrda, to vin: Lot 10, Block 2, Southern Pines Subdivision, as per plat thereof on file in Plat Book 9, Page 68 Public Records of St. Lucie Co., Fla. This is a second mortgage RECEIVED f~ a' ! 9 111 PAYMENT Of TAB! DUE ON CLASS 'C' INTAN6tBLE PERSONAL PROPERTY. ~ 5 1U S~dNT TO . H„PTfft 71.131. ACTS of 1!171. 198(1 APR -9 ~ ~ 09 • I:;aSER pp1TkAS CLERK CIRCUR COURTi ST. L{ICIE 00.. FLA. ~ R E' CN ~~T A. _ ol.er~c clllclat co RFtlR! 1tERiFIEQ - - - 42408 (heremaher referred to as the Mortgaged Property!: aril the Mortgagor does heret)y tuliy warrant the tale to the Mortgaged Property - - and viii! defend the same against the lawful claims of all persons whomwever. PROVIDED ALWAYS, that if Ella Marie Williams the Makerfs) of that (Insert Namelsll certain promissory Hate dated the date hereof (the Motel, hens, legal representatives or assrgns shall pay to Mortgagee - '1 the principal sum of $ 1046 74 as evidenced by the Note, with interest arxf upan the terms as provided therein, the final maturity date of ttie Note end bt this Mortgage txing April 7 ig 83 ,which Note provides that all installments of principal and interest are payable at the office of Mortgagee, or ai wch other place as the holder may designate m writing, and that each maker aril endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default is not made good m accordance with the [erms of the Note, that the entire principal vim arxf accrued, earned interest shall become due and payable without notice at the option of the hokler thereof; and shall periorm aril comply with each and every stipulatwn, agreement aril cov- ~ enant of the Note and of this Mortgage, then this Mortgage arxf the estate hereby ereatecf zhall be word, otherwise the same shall remain 'i in full force. Maker co.?Hants to pay the interest and prinapal promptly when due. Mortgagor covenants to pay the taxes and assess- i ° merits on said property; to. carry insurance against fire on the building on said larxd for not less than $ n~a ,approved ~ by the Mortgagee, with starrfard mrxtgage toss clause payable to htortgager_, the policy to be held by the Mortgagee and to keep the • - burl(img on said tared m proper repair. ~ This Mortgage shall secure not only-exist mg ~ndeb;edness, but also wch futwe advances, whether such advances are obligatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty (201 years from the date hereof, to the same extent as ~ rf wch future advances were made on the (fate of the execuUOn of this Mortgage, but such securcKl indebtedness shall not exceed at any W U! rime the maximum pnnapal arrrount of $ _~a plus interest, an(i any disbursements made for the payment i - i of taxes, ievres, or insurance, on the Mortgaged Property, with interest on wch disbwrsements. Any wch future advances, whether g - , j ! obligatory or to be made at the option ai the Mortgagee, or otherwise, may t:e made either prior to or atter the due date of the Ngte or = U any other notes secured by this Mortgage. This Mortgage rs given for the speciLc purpose of securing any arxl all indebtedness by the j ~ Maker to Mortgagee Ibut rn no event shall the secured mdebre(Iness excee(i at any eime the maximum pr inapal amount set forth in this - J paragraph) m whatever manner this indebtedness may tx evidenced or rep:esenre(f, until.this Mortgage is satisfrecf of record. All cove- ~ y,r i Hants and agreements contain(•d in this h1ortgage shall be applical)le to ai! further :xivances madi~ by Mortyaywr to Maker under this ~ future advance clause. t.: i G• W i ~ ~ i $hould any of the :d>ove cr,_rnants t).r inoken then thi• Nnte and all monr•y~ s.•cured hereby Shall, without demarxl, if the x i hlor tgagee, 50 elect, at once become due an(1 payable and this r^atyaye Tay t>K fOreCIOS(.Yi, an(/ all COSts and expenses of collection and J reasonable artorneys• tees, including costs, expenses and reasonable atrorneys' fees on appeal, if coliec»rd by Irtgal procC•rr(lings or _ ~ ~ i :hrouyh an attorney at Iasv, shalt be pawl by the fdaker, arxf the same are hereby secured. •.i - ~ IN tiYITNESS WHEREOF, the haortgago• has.•xecut(<f this Mortgage as of the crate first at)ove set forth. h ~I $,yned, s:~al.-(1 and de•ivi•rect ~n our preoen('e. „ 1, ~ ~ ~ - ~~~f//1~-(/f//=_ C)Y/,//n~u"~- ~i~L~j"Il~ ISEALI p~ ~ (Mortgagor! - a--~-ct.~~t ~ ~ - _ - - ISEALI 1 ft1or : yayor 1 STATE OF Florida / couNTY o~ St. Lucie 1 1 NEREB~ CERTIFY, tha~.Rn~ firs day, before mo, an off,Cer duly 3JihptiJ.Y1 rn the S:at•• afoc.•saKf and in the County aforesaid *O :Jke 3Ckno;gledymenty~s~iersonaii,~ ~ ~ Ella Marie W1111amS to me kno•.•m To be the person described • : . rn Jnd vino exvcutecl tlt" fore8brng ir?s ) eM vnd -She-- acknowl(xlge(1 t)?fore m~ that She. executed the same. ~YITNESS my bar~d.and'ottiei~~jpa~inthe tr~Unty Jnd $?ate last esa~d this ----7--_-- day of _ Aprll • ~ ~ ~ t t Not Public P,1y ommissron Exp+resNOTARY FU3LlC STATE OF FLORIDA AT LARGE - t~ ~ _ MY C0~.1,1A 15 S I Oil EXPIRES DEC i y 19 d 3 w anew revs-~ oa., any - a _t1~~ n.rt ~ BOi~CiD THttU GEil:Risl INS UtiDER1ti'RITERS