The URL can be used to link to this page

Home My WebLink About0204 DIRECT HOME IMPROVEMENT MORTGAGE ~ 3a ~ iIiITH FUTURE ADVANCE r - ~ O r i THIS MORTGAGE, made this 2nd day of A.D., 19 , betweert' Keririeth L.- ?ason~ a singje oer~Qg.. fMartgagor) and Sun Bank of St. Lucie County MMortyagee): (Name of Sun E;ank J WITNESSETH, that Mortgagor, for and in considerehon of the premises and in order to secure the payment of the principal and 1 intergst on the note las hereinafter defined), Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns lorever, the following described real property in St. Lucie Coumy, Florda, to wit: t{} S f The North of LotB, Subdivision of the North ~ of Lot 2, and the North 10 feet of the South half of Lot "B", Subdivision of the nlorth ~ of Lot 2, Section 12, Township 36 South, Range 40 East, according to the Plat thereof r ,Y toade by J.O. Fries, County Surveyor and recorded on Page 118 of the Plat Book 1, Brevard County, Florida, Public Records and on Page 202 of Plat Book 1, St. Lucie County, Florida Public Records. THIS IS A SECOND MORTGAGE 19~ Jl1ti 13 PEi ~ 54 , 9 ~ ~ R~SfiwL' j 9a.7a_ i!a PA:4S~'+ii Cf TAXff t'~IED RECOltIKlt ~ L ~ C;t~ G-= ~ _ Pit:..•' o...`~.:!.L F:t4 EAiY~ S 1110 Cp~TY.fIA. Fil:s.;-yt T~ 4, ,:as of tilt. R06 RPOItRAS ' i:~G=.d Pt.it: as ~ ~ _ - CLERK CIRg11I CltR CLtAII q:r.UET COlIBTr ST. 1,11CtlE CQ N~. R1:>~ VER1ilE0 (hereinafter referred to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the title to the Mortgaged Property :'_r and wnI defend the same against the lawful claims of all persons whomsoever- s PROVIDED ALWAYS, that if Kenneth L.• JSSOII; a Single person the Makerls) of that ~f3 jlnsert Nameisll ; j certain promissory note dated the date hereof (the Note), h~8 heirs, legal representatives or assigns shall pay to Mortgagee ~ ` jj the principal sum of S 46.350.80 as ev+denced by the Note, with interest and upon the terms as provided therein, the final ' ? mature;y date of the Note and of this Mortgage beiny June 2, 19 90 ,which Note provides that I at1 installments of pnnapal 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, incltxligg a reasonable attorney's tee, upon default rn the t payment of the Note, and that ii default be made m the payment of any installment thereunder and that if wch default is not made good m accordance with the terms of the Note, that the enure prvncipal win and accrued, earned interest shall become due and payable - - ? without notice at the option of the holder thereof; and shalt perform and comply with- each and every supulation, agreement and cov- errant of the Note and of this Mortgage, [teen tMs Alortgage and the estate hereby aeatrd shall be void, otherwise the same shall remain 1 m full force. Maker covenants to pay the interest and prinupal promptly when due. Mortgagor covenants to pay the taxes and assess- t~ merits on said property; to carry insurance ayamst tree on the building on said land for not less than $ Itla ,approved • m ( by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the ~ t building on said tartd rn proper repair- i k Thrs Mortgage shall secure not only existing indebtedness, but also wch future advances,-whether wch advances are drtigatory or ~ to be made at the option pf Mortgagee, or otherrvrse, as air made within twenty !20) Years from the date hereot, to the same extent as ~ if wch future advances were made on the date of the execution of this Mortgage, but such secur._d indebtedness shall not exceed at any i time the maximum pnnupal amount of S n a plus interest, and any disbursements made for the payment j - V' of taxes, levees, or insurance, on the Mortgaged PioPe~ty, wreh interest on wch disbursements. Any wch future advances, whether obligatory 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 Noie or y y gage. gage g p pose of securin an and all irxlebtedness by the an other Holes secured b this Mort Thrs Mort is even for the spP.Crfic ur g y U ~ Maker to Mortgagee (but ~n no event steal! the secured irWebtectness exceed at any time the maximum principal amount set forth in this y 'p: gage s sausfi¢rf of record. Alt cove- a., paragraph) in whatever manner this indebtedness ma !>e evidenced or rr. es_nted, until Thrs Mort - Hants and agreements contained rn tha Mortgage shoal be app)+cable to all iuriher advances made by Mortgaywr to Maker under this ~ ~ future advance clause. G• t 1.1 W _ t ~ Jhould any of the above covenants be broken then the Note and all moneys srcurerf hereby st.atl, r:dtrout demand, d the - Mortgagee, so elect, at once become dui and payable arrd this mortgage may be foreclosed; and all costs and expenses of collection and • x ~ reasonable attorne s' fens- :ncludrna costs, ex ruses and reasonable attorneys' fees on a 1, :f cot:ecut+i b ! }i Y P - peed y [gal procr--rdings or ~ through an attorney at law, shall be paid by the Maker, ancf ;he same are hereby secured. ~ .*.J - ~ IN WITNESS WHEREOF, **-hP Mortgagor has executed this Mortgage as of the data first ai>nve set th ^'t ca Sryne ,sealed and de.rrered rn ur reserte' ,J Gl~ G... O _ SEAN s - - - (Mortgagor) - .C.. _ -.-__.ISEAU f It4lortr>vgar i - STATE OF Florida ! - COUNTY OF St. Lucie } ~ ~ 4 I HEREBY CERTIFY, that on this day, berore me, an officer duly authonred rn thg State aforesarc: deaf in the County atoresaid ro take ackr,owledgm~~tt(!~t~119r1~y-appeared ~1 ,ennPrh T.• .iaRnri to me kncwn to be the person described ~ 7 ~ %r,, a .n and who execujRdt! Q~t:pq~iRstitrinen2 deaf he acknowledged before me chat he executed the same. WITNESS rn~bsnd idgOfficrs•~'1RaJ~ihe County and State last foresa:d this 2nd .clay of June ~ NOTARY Ft;b~:C ;T; C= :LQx1DA AT LARGE as ~ ~ ~ L1 Commission Expir s: _ Ci ~;1 MY COhhviISSIC:v En'rt.i~ ?i{ 19 1983 (1K`~ ~ lOhIDED THRU GEt~itrZ~L lNi UND.RWRITE a-sot4.oooa Rev. am ••,~~oa . ~t~ ~ ~ '$pp~ PtGE , ~