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HomeMy WebLinkAbout1512 DIRECT HOME IMPROVEMENT MQRTGAGE Y~1TH FUTURE ADVANCE /E(]~My~ THIS MORTGAGE, made tnrs ~ day of .Ttily •=,7 I A.D., 19 .~.0- , ?xatween' -Rariald La*+gfOrd S~eetina,_Sn~ Tnnnt~y~ Svc~atTng~ htw ~f~,- - IMortgagorl and Sua-Bsnk-of St. Lump C^uat7 IMortgagee?: (Name of $un Bankl WITNESSETH, that Mortgagor, for and in consderation of the premises and rn order to secure the payment of the principal and interest on the note las hereinafter delinedl, Mortgagor hereby grants, assigns transfers and mortgayes to Mortgagee, its successors and assrgns forever, the tollawing described reai property in Sf. Lurip County, Fbrda, to wit: East half of Lot 6 and all of Lot 7, Block 30, SUNLAND GARDENS according to the plat thereof on file in Plat Book 8, Page 32, of the Public Records of St. Lucie County, Florida This is a 2nd Mortgage 4821'79 5 ~^:~YE9 f d/.7~ 111 PAYfIRfIfT Of TAXQ !Ip Cil: Ci': S 'C' INTRh61BlE PEa50xf+1 PROPEiCTY, IOM ~ _9 ~ 11= 23 . f (i:.~~~ :11 `TO i ti.a."TEi TI-i~4, ACTS OF 197E 1JYY Rs:CE4 POITfiAS _ ~ CWIK CI2CINT COURT, ST. WC1E CO. FL~Q~ f f ~ C~~ l17 3 ~ M r,,o IIECAM rERIF1E0 ~ 1 1 (hereinafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the true to the Mortgaged Property ~ and wul defend the same against the lawful clauss of all persons whomsoever. ~ j.. ; PROVIDED ALWAYS, that if the Makerls) of that 1 ~ (Insert Namelsll yc ~ ; certain promissory note dated the date hereof (the Notel, Ch6~~ hems, legal representatives or assrgns shall pay to Mortgagee i .n the principal sum of S 1 n x ~6~~ 62 as evidenced by the Note, wrth rnterest and upon the terms as provided therein, the final - 3. ' ' _ maturity date of the Note and of this Mortgage bean 1 v 9 .Tll ~-1 , 19 2~ ,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 (r f ~ writing, and that each maker artrl endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the z payment of the Note, and that if default be made in the payment of any installment thereunder and that if wch default is not made " ~ good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable without notice at the option of the holder Thereof; and shall perform and comply wrth 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 vod, otherwise the same shall remain i _ G + in full force. Maker covenants to pay the rnterest and principal promptly when due: Mortgagor covenants to pay the taxes and assess- ments on said property; to carry insurance against fire on the building on sad Tariff for not less than S B,T$ ,approved by the Mortgagee, with standard mortgage foss ciause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the I~ , ~.!t' s, building on Said land rn proper repair- ~I This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory 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 a~i if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed et any time the maximum principal amount of S _ B~Z plus rnterest, and any disbursements mach for the payment ~ of taxes, levies, or insurance, on the Mortyaged Property, with interest on wch disbursements. Any wch future advances, whetfrer ! oblgatory or to be rnade at the option o! the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the t ~ ~ Maker to Mort ee (but in no event shall the secured indebtedness exceed at an time the maximum 9a9 y principal amount set forth rn this _ ;p paragraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. All cove- Hants and agreements contained m this Mortgage shall be applicable .o all further advances made by Mortgagee to Maker under this C future advance clause. "f 1 Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, rt the ~ ~ V Mortgagee, so elect. at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ` reasonable attorneys' fees, including costs, expenses and reasonable attorneys' tees on appeal, rf collected by legal proceedings or ~ ~ through an attorney at law, shall be pad by the Maker, and the same are hereby secured. - ~ f IN WITNESS WHEREOF, the Mortgagor has execut.d this Mortgage as of th first above set forth. ~ ~ Sgned, sealed and de:rverecl f m our Bence. s 1 DJ~ ald ~gf o 8 t 1SEA - annie L. Swe r) STATE OF Florida 1 COUNTY OF $t. Lucie- 1 to +itt i HEREBY CER,~~N' ~},~~r(~day, before me, an off,cer duly authorrred m the State aforesaid arxf m the County aforesaid ?o take acknowted , p4f~9D~~d80neld T•. 14 _TanniP T,_ Sw -Eti~gne known to be the person described ~ , . .n and who executed ths~czfygpi~gM~rt end thg~- acknowtcdged before me that exe fed the same- i'~i ass Yd1T S 7nf'harxf'Jnd off ic~~et i~i?~ County and Stare Last aforesaid day of , sG hv~~~r•t_ 1 _ Notary Publ,c NOTARY PU ,:;J,`i r. ~ ~ My Commiss Expnes: MY SON ~t~Qj110A AT LAR(~ T}RU GFN DK 19 I98a a-solo-ooo-i Ra?.8n~ BOOK~~ PdGE~,e~ ~ Ints tx~Ry~~,~.,,,s i