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Home My WebLink About1100 p DIRECT HOME IMPROVEMENT M E 8~~ a 3~~~ ~ NiITH FUTURE ADVANCE • ~ ~O~t~~~ 491922 THIS MORTGAGE, made this Ord day of -.J 417- A.O., 19 .between' Jamee Staineffa it and C~ar01 A SCsifaa€€ IMortgagorl and Sun Bank of St Lucie CounLyl~ t_p.3pr~o MMortgagee?: Name o1 Sun Bankl WITNESSETH, that Mortgagor, for and m-consideration of the premises and m order to secure the payment of the pnnnpal and interest on the note ias hereinaiter detinedl, Mortgagor hereby grants, assrgns transfers and mortgages to Mortgagee,itssuccessors and assrgns forever, the following described real property in $t Lucie COUt11~/ County, Fbrida, to wit: Lot 18, 1~ilelve Oaks Estates, according to .the plat thereof on file in Plat Book 16, on page 26, public records of St Lucie County,Florida. RECEIVED s S•J IM PAYMENT OF TARE! --tom r - . ~~.i5 DUE ON CLASS •C INTAN6!BLE PERSONAL PROPERTY. PHRSUANT`TO CHAPTER 7f•128. ACTS Of MIJL ROGER PORRAS . all cuxwT cat~T. sT. un~ ca. ~ . - ~91~1~22 --,-=A ~ ~ r ~ ~ , ; : ~ 198A .All -7 Ph ~ 18 1,_ ~ ~ s~r~~ i 5 . nisi -r•a~ ~ ~ Z 1 g?. r. - ~ 1 2 ~ 4 - (fiereinaiter referred to' as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and viol defend the same against the lawful claims of all perwns whomsoever. PROVIDED ALWAYS, that it James and Carol AStainoff the Makerls) of that (Insert Namelsll certain prornissory note dated the date hereof (the Hotel, heirs, legal representatives or assrgns shall pay to Mortgagee the principal sum of $ 14U57. 26 as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being ,j~_~ , 19 $8e- ,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 writting, 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 rf default be made in the payment of any installment thereunder and that rf wch default is not made good rn accordance wrth the terms of the Note, that the entire pnncipal vim and accrued, earned interest shall become due 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 void, otherwise the same shall remain m full force. Maker covenants to pay the interest and pnnapa! promptly when due. Mortgagor covenants to pay the taxes and assess- meats on said property; to carry insurance against fire on the building on said lard for not less than $ Tl~a ,approved by the Mortgagee, with standard mortgage lass clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the burWrng on said land in proper repair. r This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are oblgatory 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 u +t wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any - time the maximum principal amount of S _ plus interest, and any disbursements made for the payment r of taxes, levies, or insurance, on the Mortgaged Property, with 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 alter the due date of the Note or --t any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the hlaker 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. A!1 cove- _ ~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this future advance clause- O Should any of the above covenants be broken then the Nete and all moneys secured hereby shall, without demarxd, rf the hortgagee, so elect, at on; a become due ants payable and this mortgage may be foreclosed, arxf all costs and expenses of collection and ..a reasonable attorneys- fees, including costs, expenses aril reasonable attorneys' fees on appeal, rf collected by legal proceedings or ti through an attorney at law, shall tte paid by the Maker, and the same are hereby secured. C9 IN WITNESS WHEREOF, the Mortgagor has executers this Mortgage as of the date first above set forth. ~ -n, $rgned, sealed and deuvered^ C1 .n ou u~sen e j z ~ (Mortgagor) ISEALI JCc.~ Q~ ~4-- .Mortgagorl STATE OF ! 1 COUNTY OF I I HEREBY CERTIF,,~tl{wtiisnflf~s day. before me. an officer duly authonred m the Srate.aforesard and in the County atoresad to take ocknowiedymal~~~1 apJ/t'¢rerJ-T_~IIeS and Ca=o1 A Stainoff to me kncwn to be the per son described .n and isho executi~ the fssi~gorpg-irtfi~r land ~~yQ.j[--- acknowledged before me rhatt executed the same. 44T : q~. WITNESS mi haltd and oitrCirt~ - it,+ttS~~ounty and State last aid the lid day of , A D . 19 BD-- - r ~ - r j. ~ = - r? G.,~ C ~ ~w ~ Notary ub~rc i V . z ~ NOTARY Pl1dL:C STr TE Of FLOR 1 DA At LARC# . My C mission Expire I~fY CC4NMISSION~~^~•° IRES OEC 19 1983 ' • !OI'pE4 I1iRU GEr~IERAL INS IJNDERWRITER~ 4-6014-000.7 Rev. 8/77 ~ P~~~ t._ i _ _i -