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Home My WebLink About2330 ' oiRECT HOME IMPROVEMENT MORTGAGE WITH FUTURE ADVANCE 4~~~R~~.y~~ THIS MORTGAGE, made this .day of A.D., 19 , t,etween' Leslie M. Sadzeck, Jr. and Bethany Sadzeck, ~ wife (Mortgagor) arts 5111 Bank Of $t. Lucie Cidlllty (Mortgageel: (Name of Sun Bank) WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the paymem of the principal and interest on the note las hereinafter definedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, the following described real property in St. Lucie -County, Fbrida, to wit: Lot 5, Block 531, PORT ST, LUCIE SFCi'ION 10, according to the plat thereof on~file in Plat Book 12, Pages 49 and 49A through 49G, Public Records of St. Lucie city, Florida. RECf!Y.0 s ~9. g3 is rAT~xr otF TAxFS - 1980 APR 2 I• Pp; 12: 53 ClJ~ G:1 CL• :`iTw1:Gl8lf PERSO?IRL PRDPERT?, FUG:S:.'ANT Tv .ii;v'T:ti 71-134, ACTS OF W71, FLED Rho r:ECDROlO / ~ 0 R06£R (POlTRAS S~ LtlCIE Cpp~~TY.FLA, C1ERK C1RC!!iT COURT. ST. WCIE 00. •1~1 • ROGER POiTR~yS ~ ~ CLENK CiitCtllT COUR~ ' ~ ~L~RD~'rRIFfFD_~~~ - - sj ~ ~Vt7?~ - _ , z Ifiereinafter referred to as the Mortgaged Property: and the Mortgagor does hereby tutly warrant the title to the Mortgaged Property - and will defend the same against the I~irful claims of all persons whomsoever. +1 -T, PROVIDED ALWAYS, that if Leslie M, Sadzeck,Jr. and Bethany Sadzeck ,the Makerisl of that I jinsert Namelsll i ce?tain promissory note[]datAed the date hereof (the Notel, tteus, legal representatives or assigns shall pay to Mortgagee • - the pnncrpal sum of $ 7 r 7~' 83 as evidenced by the Note, with interest artd upon the terms as provided therein, the final 7 - cJ- - maturity date of the Note and of this Mortgage being 'Y'-"'~ , 19 ,which Note prov+des that all installments of principal and interest are payable at the office of Mortgagee, or at wch other plxe as the holder may designate m ' writing, and that each maker and endorse: agree to pay all costs of collection, including a reasonable attorney's tee, upon default m the ~ payment of the Note, and that d default be made m the payment of any mstaliment thereunder and that d wch default is not made _ ..r ~ - good m accordance with the terms of the Note, that the entire pnnupal vim and accrued, earned mterezt shalt become dui and payable without notice at the option of the holder thereof: and shat) pertorm and comply with each and every stipulation, agreement and co~- - errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain , rn full force- Maker covenants to pay the interest aril principal promptly when due. Mortgagor covenants to pay~st~he taxes and assess- . merits on said property: to carry insurance against fire on the tturlding on said land for not less than $ a ,approved r by The Mortgagee, w+th standard mortgage loss clause payable to Mortgagee, the ttolrcy to be held by the Mortgagee and-ro keep the buridirig on card land in proper repair. i ~ This Mortgage shall secure not only existing indebtedness, but also wch future xlvances, whether wch 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 rf wch futwe advances were made on the dale of the execution of this Mortgage, but such secured rndebterlness shall not exceed at any _ time the maximum pnnUpal amount o} S _ ~a - plus mterezt, and any drstwrsements made for the payment _ of razes, levees, or insurance, on the Mortgaged Propwty, with interest on wch disbursements- Any wch future advances, whether obtgatory or to be made at the option of the Mortgagee, or otherwise, may t,e made either prior to or after the due date of the Note or Y ~-~-~.r any other notes seNred by th+s Mortgage. This Mortgage +s given for the specific purpose of secunnq any and aH rndebtertness by the Maker to Mortgagee ibut m no event shall the secured indebtedness exceed at any time the maximum pnnapal amount set forth rn this - r~ ~ paragraph) m whatever manner tars rrxfebtedness may be ev+denced or represented, until th+s Mortyage rs satisf+ed of record. AI! cove- ~ Hants and agreements contained m this Mortgage shall be applicable to a!I further advances mad'' by Mortgagee to Fdaker under :his future advance clause. Should any of the above covenants be broken then the Nnte and all moneys secured hereby shall, without demarxl, J the Mortgagee, so erect, at once become du" arxf payable and this mortgage may be foreclosed, and all costs and expenses of collection and reasonable attorneys' tees, including costs, expenses and reasonable attorneys' lees on appeal, rf collected by legal proceedings or _ through an atto+ney at law, shall be paid by the Maker, and the same are hereby secured: . ' _ IN WITNESS YJHEREOF- ;hr• M rtgagor has execurc[1 this Mortyaye as of the a Lust above set fort - ~ ~ rgneTf, sealed and deliver a Sa , r. n Our]'p'~f/i/!e (jn c'eU o ( rt agorl 1 _ SEAL( or gagor) ~2'/~ ~ ~-t .Bethany c~zeck STATE OF FlOrlda 1 1 COUNTY OF St. Lucie ! 1 HEREBY CERTIFY, that on tn.s day. before me, a~ off,eer duly aurhonred rn the State afo~re~sai~d~.a~n~d rn the County atoresad to ;ake acknowledgments, personalty appeared Leslie M. Sadzeek,JrrtS$~ a known o be the person described Q ~ t iii }-}yam .n and who executed the for?gornp ~nsrrumeni and aCknowle~Jld beRfsa,h~ executed the same- ~ , ill WITNE my nand .;rid oft,c.al seal in me County and St to la aforesaid t~t1s a of AD,19~. - ,r NOtarY Pal, . J.~1.• - My Comm( ~ xprres~ r Its f•:(ji ^ RY ~t; 1rrvR+1~A AT LARGE 4-6014-0047Rt1v.~/7T 8~~ :Y C:~'t~~ji~ ~ifli4~~PT '•5 l~di tC:::iF~ iitk~ 'vF:~1~t'ii•i15. !r[.~:•.':.i. „%5 t'