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Home My WebLink About0200 w. i 4 4 DIRECT HOME IMPROVEMENT MORTGAGE t~ ~ v + o~ WITH FUTURE ADVANCE 4~I~ ,1, THIS MORTGAGE, made this lth day of June A.O., 19 ,between' Paul M. Sorli and Mary Jane Sorli, his Mrife (Mortgagor) and S>Ln_ Bank of St L.LCie C.~~ty IMortgageel: (Name of Sun Bank) WITNESSETH, that Mortgagor, for and in consderation of the premises and in order to secure the payment of ttie 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 m St, Lucie County, Florda, to wit: Lot 9, Block 12, SURFSIDE,UNIT 2 According to the Plat thereof on file in Plat Book 11, page 8, of the Public Records of St. Lucie County, Florida. This is a second Tnortgage. RECEIVED i 1!1 PAT6'E8T OF TARE! - ~ C(tE 3',1 CLA~S'C' 1'tT11EG.IItE PERSOIIfII PROPERTY, F03SU:.TIT TO Cy,1?TE4 71-1: 4, ACTS OF 1971. kG&ER PLIT J1S _ 1980 JUN 13 PN • ~ 54 G.LRK p3C1itT CGURT. ST. LOGE CO. i1A. S ~ ~ ~NITY~`A. r - _ :17 I t_ f' ~ 1 i Ir ~ - ~ r aMrcc rN( rn~ 7 y .t i 4896'x'6 (hereinafter referred to as the Mortgaged Propertyl; 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. PROVIDED ALWAYS, that ii Parrl M sA~ Mar; J8>ae Sorli -,the Makerlsl of that Ilnsert Name1s11 certain promissory note dated the date hereof Ithe Note1, t:h~ir _ hens, legal representatives or assigns shall pay to Mortgagee the principal sum of S lU, 13.24 as evidenced by the Note, with interest arxf upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being June 11th - t9 ,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 arxi endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the payment of the Note, and that rt default be made in the payment of any installment thereunder and that if wch default is not made good +n accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall becomedue and payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherwise the same shalt remain m full force. Maker covenants to pay the interest and pnnapal promptly when due. Mortgagor covenants to pay the taxes and assess- I moots on said property: to carry insurance against fire on the twikiing on said larxi for not less than S >Z~A ,approved i gag gage loss clause payable to Mortgagee, the policy to h heN by the Mortgagee and to keep the , by the Mort ee, with standard mat A f building on said land in proper repart. i This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or ` to be made at the option of Mortgagee, or otherwise, as are made w+tf+in twenty (201 years from the date hereof, to the same extent az III{ if wch future advances were made on the date of the execution of this Mortgage, but wch Secured indebtedness shall not exceed at any I ' _ V ~ time the max+mum principal amount of S _~A plus interest, and any disbursements made for the payment ~ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whetfwr - obligatory or to be made at the option of the Mortgagee, or otherwise, may he made either poor to or after the due date of the Note or v-i U any other notes secured by th+s Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the - is ~ 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- ~ i Hants and agreements contained in th+s Mortgage shall be applicable to ail further advances made by Mortgagee to Maker under this to ` future advance clause. O - Sa w ' x O Should any of the above covenants be broken then the Note and all moneys secured hereby shell, without demand, if the x ; Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, aril sll costs and expenses of collection and p ~ reasonable attorneys' fees, including costs, expenses arxf reasonable attorneys" tees on appeal, rf collected by legal proceedings or - ~ ' through an attorney at law, shall be paid by the Maker, arxf the same are hereby secured. _ v ~ .,..I - ~ ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date hest above set forth. - ~ O to - S:yned, sealed and detrvered .n our ; c ~ _ - (SEAU~ ~ IMoitya r) • ' _ ISEALI r,r. ihlorigagorl - t STATE OF Florida 1 COUNTY OF St• Lucie ~ 1 1 HEREBY CERTIFY, t ,~jtNRMtYIr~ before me, an officer duty authonred in the State aforesad Arid in the County aforesaid s f ~~yJ?? ^ '~O=' Paul M and Mary Jane Sorli to take acknowtedymentsl,~Ser , e<tfi...~. to me known to be the person described .n and who executed tKe ~u~ar~. thP,V aCknowledgerl twfore me that theT_ executed the same. ,err ` =ss, WITNESS my h f1K~1 tl~erri fife ~iJnty and State la aforesaid this 11th day of June A.O., t9~-. = nr:~4 4, 'P~e - 1111e~ ~ l . ~ I r Iary Public 8~ P4GE ~'~;.t ..~G: Commission~~T PUBLIC STATE OF FEORIDA AT LARGE r `~'~r~/8~r1 ';`''s` ~ MY CpMMI$SIOIV EXPIRtS DiC lY lyo3 4-6014-000.7 Rev. 8/77 +Y' ~gVpEp THRU GENERAL INS UiJDfAWR1T~itS,•+~.p,~~