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Home My WebLink About0544 a 4f i w DIRECT HOME IMPROVEMENT . MORTGAGE w A~~~~~ WITH FUTURE ADVANCE Y~7 THIS MORTGAGE, made thrs 20th day of `T~e A.D., 19 80 . between- Marion T. Roper and Lieslotte Roper, his wife _ IMo?tgagor? and Sun B o St. Lucie County (Mort gages(: ~ (Name of Sun Bank) 3 WITNESSETH, that Mortgagor, for and rn consrderatron of the premises and in order to secure the payment of the princrpal and interest on the rsote las hereinafter defined(, Mortgagor hereby grants, assrgns transfers and mortgages to Mortgagee, its successors and assrgns forever, the following described real property rn St. Lucie County, Fforrda, to wit: 9/7 Lot 3, of Block 1, of LIrmAS RILL, a Subdivision r as per plat t'nereof on file in Plat Book 9, at ~3 page 56, of the public records of St. Lucie County, i Florida. j • r This is a Second Mortgage . ~FQ .J~t` .2 ~ i 8 • ~ In Paylnsnt Of Tft~ ' R~celvfed A _ _ ..,..e Ous On Class "C" Int 1 9134. Ace 1'~~. r S1~t ~ gnsuartt To Chapter 7 . Rtt J! ~ RASA' ROGER POITRAS c~ ~ ttERR CJIRgI1i COIIR ~ C1~ CMCUit Court. St. (a)rts, Co.. r+EtCM Y;RIFf~O___~_ M i! 4915'71 ~ (hereinafter referred to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the title to the Mortgaged Property r and will defend the same against the lawful claims of all persons whomsoever- , PROVIDED. ALWAYS, that if Marion T or Lieslotte Roper ,the Maker(s) of that - Ilnsert Name1s1) certain promisory note dated the date hereof (the Notel, their hems, legal representatrJes or assgns shall pay to Mortgagee ' the princrpal sum of S 9,24.43 as evidenced by the Note, with interest and upon the terms as provided therein, the final i maturity date of the Note and of this Mortgage being Jtlne 2U , 19 90 which Note provides that ~;L ~ all installments of princrpal 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 tfie Note, and that rf default be made in the payment of any installment thereunder and that if wch default is not made ? i good in accordance with the terms of the Note, that the entire princrpal win and accrued, earned mterest shall become due and payable ~ ~ without notice at the option of the holder thereof; and shall perform aril 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 psi promptly when due. Mortgagor covenants to pay the taxes and assess- - pay the mterest and pnnci - ~ menu on card property; to carry rnswance against f,re on the building on card larxf for not tens than $ II~8 ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee artd to keep the building on card land rn proper repair. This Mortgage shall secure not only existing rrtdebtrdness, but. also wch future advances, whether such advances are obligatory or T to be made at the optron of Mortgagee, or otherwise, as are made within twenty (201 years from the date hereof, to the same extent as ~ gage, but such secured indebtedness shall not exceed at an ~ rt wch future advances were made on the date of the execution of this Mort y O trine the maxrmum princrpal amount of S n/a plus mterest, and any disbursements made for the payment t of taxes, ievres, or mwrance, on the Mortgaged Property, wuh mterest on wch drsbursemems. Any wch future advances, whether 'U ' obligatory or to be made at the optron of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or - ' U y y gage. gage g pose of securing any and elf rrxfebtedness by the an other notes secured b tfirs Mort Thrs Mort rs rven for the specific par a' Maker to Mortgagee (but rn no event shall the secured rrrdebtedness exceed at any trine the maxrmum pnnapal amount set forth m this - --paraoraphl rn whatever manner Thrs indebtedness may be evidenced or represented, until this Mortgage rs satsfred of record. All cove- Hants and agreements contained m this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ future advance clause. Cn ~ w Should any of the above covenants be broken then the Note and ail moneys secured hereby shall, without demarxf, if the ~ O - ~ Mortyagee, so elect, at once become due aril payable and thr; mortgage may be ioreciosed, arxi'aU costs and expenses of coltecUOn and- - p . Y ~ Y ppeal, rt collected by legal proceedings or "1 reasonable attorne s' fees- rncludm costs, expenses and reasonable attorne s' fees on a ~ ~ ' through an attorney at law, shall be paid by the Maker, and the same are hereby secured. t3 G IN WITNESS WHEREOF, the fs7ortgagor has executed this Mortgage as of the date fast above set forth. r~ Jrg~ed, sealed and de:rverecl 3 i rn Our press '`c ~.~w ~ _ ISEALI 5 (f~ IMor tyago - ihlortyayorl ' i i r Florida , STATE OF 4 ) COUNTY OF St. Lucie ~ r } ! t 1 I HEREBY CERTIFY, that on this day, be'orP me, an officer duly authonred rn ;t,e State aforesaKf and m the County aforesaid 'e rake ack~or.~edgments, fib 1•l8riotl T Or Lieslotte ROpe~o me kncw^ to. be the perx~n described - ' ~ .n and rnho executed t,~~~Qa ,~"'t;•,3rx1 they acknowledged before me that they executed the same. , WITNESS my hid arkl'c~i~(~a) i ~ ~ - ty and State ias resard this 2Uth _ day of - Jl>Ule _ , :~.+Y ~ t ~ Not y Public /JOTARY PJd+~C ST ,tE Clf FLC3RIDA AT ' , , _ ~ j ; 4r. M ommrssron Expnes MY COhVNISSION EXPIRES DEC 19 1983 `CNrDEL 1~ lNS UNDERWRITE 4 6014-0007 RN.B/77 'r'~''•,0~~~~a~i~1~`~ ~ ~ e._ ....,.v..., - r.,,~,..,,i.,...~ ~~c~34 P~ 544 -