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Home My WebLink About1513 DIRE~T HOME IMPROVEMENT MORTGAGE .492 ~ 3~ ~~ts WITH FUTURE ADVANCE 18O THIS MORTGAGE, made th,s 3rd day of July A.O., 19 ____.$0, between' Beverly Hinton (Mortgagor! and Sun Bank of St. Lucie Co. IMortgageel: (Name of Sun Bankl WITNESSETH, that Mortgagor, for and in consderat,on of the premises and in order to secure the payment of the pr,ncipal and interest on the note 1as hereinafter def,nedl, Mortgagor hereby grants, ass,gns transfers and mortgages to Mortgagee, its successors and assigns torever, the following described real property ,n $t. Lucie County, Fbrrda, to wit: Lot 19, Block 2, IRENB PLAZA, according to - the Plat thereof as recorded in Plat Book 9, page 33 of the Public Records of St. Lucie county, Florida. 49~~ RECEDED : M MTYEIR ~ TAB 1S o4E Oil CLASS 'C' INTAN6:BLE PERSOlUII PROPF,Rj~s N~pp - 3, ru~wAxr•TO CNatTER 7t-134. ACTS OF N7L ~ +r'V4 `_'9 ~ I~t R06:R P~iRAS C~ QQGRi COYRT. LYCIE CQr - _ . i REt 1~ . ~ A t, .T--; ; ~ ~ _ f _ . i acccRB vcRSF~n . _ .a ~ _.=.:.f. a 3. 1 5 1 -ter , N _ . ~B ~ ;Ji -5~?6 1 r. - (hereinafter referred to as the Mortgaged Prope?tyl: and the Mortgagor does hereby fully warrant the [itle to the Mortgaged Property and w,ll defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS. that if a`.e~1t~H1f31<'AA ,the Makerls! of that (Insert Namelsll certain promissory note dated the date hereof ithe Notel, her heirs, legal representatives or ass+gns shall pay to Mortgagee the principal sum of S 2,97.13 as evdenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being J111y 2 s , 19 , wh,ch Note provdes that all installments of principal and interest are payable at the office of Mortgagee, or at such other place as the holder-may designate in wr,ting, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorrt~y's fee, upon default in the payment of the Note, and that if default be made ,n 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 aril accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and sha!I perform aril comply with each and every st,pulatbn, 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 in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- , - merits on said property: to carry insurance against (ire on the building on said lard for not less than $ ~a ,approved by the Mortgagee, w+th standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the build+ng on sad land ,n proper repa,r. This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or ~ to be made at the opUOn of Mortgagee, or otherwise, as are made w+thm twenty (20l years from the date hereof; to the same extent as 'i ,i wch future advances were made on the date of the execut,on of this Mortgage, but such secured ,ndebtedness shall not exceed at any I W x time the maximum principal amount of S II~A plus interest, and any disbursements made for the payment _ of taxes, levies, or insurance, on the Mortgaged Property, w+th interest on wch disbursements. Any wch future advances, whether r3 gblgatory or to be made at the option of the Mortgagee, or otherwise, may be made either poor to or after the due date of the Note or chi any other notes secured by this Mortgage. Ths Mortgage is given for the spec,fic purpose of securing any and all indebtedness by the 1 ~ I Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum prinapal amount set forth in this - ~ ~ paragraQh) rn whatever manner the indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- - Hants and agreements contained in this M1lortgage shall be applicable to all further advances made by Mortgagee to Maker under thn i w p future advance clause. f ~ ` ~ a + f p q) ; Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, d the t ''"I Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and E _ ~ U ~ reasonable attorneys' lees, inNudin costs, ex arises and reasonable attorne i fees on appeal, if collected b I. I roceedin, s or I 9 P Y y P9a P 9 = ~ a ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. l ~ f3. • fI ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set torth- F - S+gned, sealed and det+verecf E m O presence. ~ E ]F~. `~~~L[.a~~ ? (SEAL! / IMonyago,) - ~ ISEALI (fdlor tgagor STATE OF Florida I ~ I COUNTY OF St. Lucie Co. I stsNtu;r+rrb I HEREBY CERTIFY, that on th+s day, before me, an officer duty authorized in the Stase aforft9~yQ~~fte.~6lrnty aforesa+d Beverly Hinton .~,,~g . ~o sake acknowledgments, Personally appeared ~ to m~<<!"r}ttf.~~lh9j~5ori(~escribed ~ ` ; ' .n .end who executed the forego+ng +n,irument and .She acknowledged before m~tta~ ? g~.,_ exe~gted fife same. 3rd: ~ ~t3u~ - ! WITNESS my hand and off+c+al seal m the County and 5tat'• last esa+d this day rr • AG..19~_. ~ ~ -cam • Nola: y Publ+c ~ MyComm+ssion ExP~res: `i~ ~~t s~~ ii ii s f- ~ ~GC i~ rrrrrrr r r n n+.'',. 4-bo,a-ooo-~ Rt:r. em 6t~~~~ P t....r:.. i -