HomeMy WebLinkAbout2532 DIRECT HOME IMPROVEMENT
MORTGAGE ~ ~ - soo o~ y
j
WITH FUTURE ADVANCE
TH~s MORTGAGE, made this Sth day of `jam A O , 19 80 .between'
Vardra H. Cameron and Jeanette W. Cameron, His Wife
_ (Mortgagwl and
Sun Bank of St. Lucie County _ 11i,,,,t~1;
(Name of Sun Banks
WITNESSETH, that Mortgagor, for and en consideration of the premises and in order to secure the payment of the principal and
interest on the note las herernalter delinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
suigns forever, the tollowirq described real property in St. LuCle County, Fbrda, to wit:
_ Lot 13, Block 17, River Park Unit 2, according to the Plat thereof, as
recorded in Plat Book 10, Page 72, of the Public Records of St. Lucie
~ Co
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ty, Florida. 1
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1. 198p ,1UN 11 AI'1 ~ 46
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- ! f 0 ~kc f?fC A, Receitred ~ In PeylY»nt a'i.loN
Due On class "C" IflteflpiDle Personal p?op+•t~r.
s A~
a ~qq1 ptl?suant To chapter 71, 134. ACM O~ ~
~ ~ VERIFIED t~~'-~"`' RO~iER POITRA8 ~
z _ ~ Cle.f? Circuit Court. SL 1.t1oMi. CO., Rr.
. 4&9250
Iherernafter 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 ail persons whomsoever.
PROVIDED ALWAYS, that ifVBrdra H. Eameron and Jeanette W. Cameron, histl~erlslofthat
(Insert Namelsll
certain promissory note dated the date hereof (the Notel, their hers, legal representatives or assegns shall pay to Mortgagee
the principal sum of S ~~22.19 _ as evidenced by the Note, with interest and upon theQterms as provided theism, the final
maturity date of the Note and of this Mortgage being Jame 5, , 19'5 ,which Note provides that
all installments of prencipal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate m
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 and that of wch default Knot made ~
good in accordance with the terms of the Note, that the entire principal vim and accrued, earned interest shall become due and payable
without notice at the option of the holder thereof; and shall perform and comply weth each and every stipulation, agreement and cov-
enant of the Note aril of this flortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same steal! remain
•in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
merits on saio property; to carry enwrance against fire on the building on said land for not less than S n~a ,approved
by the Mortgagee, with standard mdt9ag, loss clause payable to Mortgagee, the polecy to be held by the Mortgagee and to keep the
bueldeng on said land en proper repair-
This Mortgage shall secure not only exesteng endebtedness, but also wch future advances, whether such advances are obligatory or
to t>e made at the option of Mortgagee, or other;;rese, as are made wethen twenty 120) years from the elate hereof, to the same extent as
E ~ rf wch future advances were made on the date of the execution of this Mortgage, but wch secured endebtedness shall not exceed at any
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~r~ ~ trine the maximum prynupal amount of S n/a plus interest, and any disbursements made for the payment
i O ~ of taxes, levees, or insurance, on the Mortgaged Property, weth interest on wch desbursements. Any wch future advances, whether
~ ! obligatory or to be made at the option of the Mortgagee, or otherwise, may be made eether prior to or after the due date of the Note or
v i any other notes secured by thes Mortgage- Thrs Mortgage is yiven for the spetifit purpose of securing anv and all endebtedness by the
c ~ Maker to Mortgagee (but in rio event shall the secured indebtedness exceed at any time the maxemum pnnupal amount set forth in this
~ - • ~ ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, unto thes Mortgage is satisfied of record- All cove-
; Hants and agreements comamed in this Mortgage shat! be applecable to all further advances made by Mortgagee to Maker under this
• : future advance clause.
~ i
- Q,(/; ,
Should any of the above covenants be broken then the Note aril all moneys secured hereby shall, without demand, d the
' 1 ' Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collecteon and
O reasonable attorneys' fees, including costs, expenses and reasonable attorneys tees on appal, rf collected by legal proceedings or
,--e 'x ' through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
_ ~'~I
~ i IN WITNESS WHEREOF, the Mortgagor has executed thes Mortgage as oft date ferst above set forth-
Segned, sealed and deirvered
g ~ en our re cg: ~
s
- ISEALI
/r or 1
aide H.
EALI
t - (Mortgagor 1
efts W. Cameron
r T TEOF F10Tlda 1 ,
1
COUNTY OF St. LUCle 1
I HEREBY CERTIFY, that on thes day, before me, an officer duly authorered in the State aforesad and rn the County aforesaid
[ to Sake acknowledgments, personauv appeare~aTdTa H. and _Jeanette W. "P"l6r~r4~cnown to be the person descntxd
rn and who executed the foregprng enstrument and they ' ____-~~knowledged befor~,iye that uie executed the same.
r
WITN my hand and o}heeal seal en the County and Sfatq~V~ -lO,~s _ day of ,
A.O., 1~ - •.+k' ~ -
B~,OK~r`.r PAGE~r~/~ •~~~'^^'~~'~sOF FlOR1vA Af LAAGE ~
i ~ V~ O:. ~~~~~~~~~-EW I i45 MhFc 21 1 S l! 4 R
4-f014-000.7 Rev. 8/77 i `{~~•R'; (NS• UC1vEb:/Bi~ e.,,,,,......., ~
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