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Home My WebLink About0968 • ' ~ Sr- ~o0 35 k DIRECT HOME IMPROVEMENT MORTGAGE 48~so WI7H FUTURE ADVANCE THIS MORTGAGE, made this day of April A.D:, 19 BD--.- .between • Jose A. Vazquez &Idalia C. Vazquez his wife iMortgagor) and IMortgageel; 1 ( ame of Sun Bank) WITNESSETH, that Mortgagor, for and in consKterat~on of the premises and ~n order to secure the payment of the pr~nc~pal and interest on the note las hereinafter del~nedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and essrgns forever, the fOllOw~ng described real property m S_.t_. Tat1C~ Q CQ~t-V County, Fbrda, to wit: The South 30 feet of Lot 3 and the North 45 feet of Lot 4, Block 4, REVISED PLAT .OF SOUTH .25th STREET SUBDIVISION, as per plat thereof on file in Plat Book 11, Page 46 of the public records of St. Lucie County, Florida. i r O s b . /S IN rAYGI><ItT of TaxES ~ggp ~ 14 Ak ~ 35 DUE ON CUSS 'C' INTAN6'IIIE PERSONAL PROPERTY, ~b5 PUgSiIAMT TO GHA?TER 71-134. ACTS OF M71. R06ER POITRAS •~O 7RASA- I~R1I CIACOR COURT. ST. LW3E 00., plf`f~ TQ ~ t 1 ~ ' ~ 482850 ~ - (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wid defend the same against the lawful claims of all persons whomsoever. - ~ a PROVIDED ALWAYS, that if Jose AF Vazq 1Q _ jdA~ia y~Al1T P7__,theMakerls?ofthat - - (Insert Namelsl) certain promissory note dated the date hereof (the NQtel, their heirs, legal representatives or assigns shall pay to Mortgagee r . ~ the principal sum of S 3 , ~gg - ~2 as evidenced by the Note, with interest and upon the terms as provided therein, the fine! + ~ rj ~ maturity date of the Note and of this Mortgage being At1Y; 1 9 , 19 ,which Note provides that , , ~ 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 default in the payment of the Note, and that if default be made in the payment of any installment thereunder ar?d that if such default is not made ' - good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall becomedue and payable C ` 1 without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- - - errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain { in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- _ ments on said property; to carry insurance against fue on the building on said land for not less than $ n~a ,approved ' ~ by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the € budding on said land in proper repair. ~ ~ I ~ This Mortgage shall secure not only existing indebtedness, but also such future advances, whether wch advances are obligatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty 120) Years from the date hereof, to the same extent as ' I ii wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any ; ~ time the maximum principal amount of S n/a ~ plus interest, and any disbursements made for the payment _ ( of taxes, levies, or inwrance, 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 secured by this Mortgage. This Mortgage rs given for the specific purpose of securing any and all indebtedness by the ~ i Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this } paragraph? in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record- All cove- C" i Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~ I future advance clause. ~ C7 _ ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the z .`T-., 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' fees, including costs, expenses and reasonable attorneys fees on appeal, rf collected by legal proceedings or _ ~ through an attorney at.law, shall be paid by the Maker, and the same are hereby secured. z - ~ ! IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. _ i , I signed, led and delivered Jose Vazque ~ Bence: - GA~`` /E~ ~ (SEAL) ort r ISEALI (Mort Idalia C. Vazq STATE OF FlOrlda 1 1 COUNTY OF St , Lucie 1 s I HEREBY CERTIFY, that on this day, before me, an otf~cer dul authorized in the State aforesaid and ~n the County atoresad to take acknowledgments, personally appeared -TC)RP A _~Y__._Y•?~~s d to me known to be the persondescnbed in and who executed the for m instrument and t'}1P_{~:' "-S~ ~ - ~ ` eZ ego g nggy)edejed fore me that _thT executed the same. WfTNE y hand and off~ual seal ~n the County and State a ~ [ tl>,is Qrh day of Ai rll , A.D., 19 WSJ. •~i'' j; ~1..~`n+ . 80(x( :t~ttt~tr„s ~OEt:- PdGE ~ ~s~ln'-',-;'- ~;;!t' urJTgRt IIMIIC S7ATE c7l iLORID~ Al lA~ a-6014-0047 Rev. 8/77 ~4. M. <uMM~:SItx+ !,i'IftS vC ~ itifdt , ~ WS . Ufvi~c~iR1TEJtr" dONUf!) 1 tutu .,kJ+EJt+k