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Home My WebLink About1516 DIRECT HOME IMPROVEMENT MORTGAGE ~o 03~~. WITH FUTtiRE ADVANCE THIS MORTGAGE, made th+s 3rd daY of July , A.D., 19 80 ,between Beverl Ra Whiteman Sun Banc of St. Luce County (Mortgago?1 and IMortgageel: [Name of Sun Bank) WITNESSETH, that Mortgagor, for and in consideration of the premises and m order to secure the payment of the prmcipat and interest on the note (as hereinafter def~nedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and ass+gns~forever, the following described real property in St. Lucie County, Fbrda, to wit: f Lot 3, HAMILTON ACRES, as per plat thereof in Plat Book 14 at page 6 of the public records of St. Lucie County, Florida. RfCETYEO = 0.8 111 PAYMf1R OF TARE= Cj OBE Cy Cl SS 'C' IYTAh6'8LE PERSOfsfll PROPERTr. FU.'.~i::IT`TO iH1:P7E3 71-.?4, ACTS OF 1971. 6t)GER Pu1TAAS a:R1c n:ccurT CC11iiT, sT. I.u~ co., FLA. ' ~$Q •9 t~ 1t=13 F ~ CO[J1tT 11EGR~ VERIFItQ +n N (hereinafter referred to as the Mort Pr gaged opertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property arj ~ and will defend the same against the lawful claims of all persons whomsoever. 0 PROVIDED ALWAYS, that if Beverly Key Whiteman ,the Makerls) of that 1 ! 7 [Insert Namelsl) certain promissory note dated the date hereof (the Notel, her heirs, legal r ig pay to Mortgagee epresentatives or ass ns shall 1 ~:.ti the principal sum of s 5, 434.73 ~ evidenced by the Note, th interest and upon the terms as provided therein, the final maturit date of the Note and of this Mort ALig11St ~ 9Q Y gage being , 19 ,which Note provides that t all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in . T 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 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 sum and accrued, earned interest shall become due and payable I without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- anent of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain ~ _ i in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- _ _ ments on said property; to carry inwrance against fire on the building on said land for not less than S n~a ,approved by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mort gagee and to keep the ~ ~ budding on said land in proper repair. . . This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or - to be made at the option of Mortgagee, or otherwise, as are made within twenty (20) Years from the date hereof, to the same extent as ~ ~ ~ ~ • rf wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any I ~ time the maximum principal arcwunt of S nLa plus interest, and any disbursements made for the payment ~ I of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether '1 ; 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 Note or < ~ ( any other notes secured by this Mortgage. This Mortgage n given for the specific purpose of securing any and all indebtedness by the ~ ~ ~ Maker to Mortgagee (but in no event sfwll the secured indebtedness exceed at any time the maximum principal amount set forth in this ! N ; U paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- n -,-I •,-1 nants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~ ~'W future advance clause- i it` ~ f-I ~ W I f ? ~ ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the I ~ Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ i ~ I reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or ~ ~ is through an attorney at law, shall be paid by the Maker, and the same are hereby secured- N ~ IN WITNESS WHEREOF, the Mortgagor has executed th+s Mortgage as of the date first above set forth. ~ ~I~ ~ ~ ~ ~ Sgrxd, sealed and delivered s` n ou r nce: , s - 'y`_ EAL) € ~,~/J Bever y If°~~i' ~1li~iteman 'l/ - (SEALI (Mortgagor) r STATE OF Florida ) ' COUNTY OF St • Lucie 1 ' 1 ~ + 1 HEREBY CERTIFY, that on this day, before me, an officer duty autlwnred +n the State aforesaO and +n the County aforesad I to take acknowled menu, rsonall r eVerl Ka Whlteman 9 Pe y. y y to me known to be the person described +n and who executed the fortgoirio~it yv:,~,1;~Er y- acknowl ...s.,. edged before me that -~.a1~_ executed the same. 1~ • 's,, j WITNESS my hand and dfflC+~iea1 rrn., the Ctign~y Sid St as: a esad this 3rd day of rJul~/ A.D., 19 ~Q . : ,.l hj s , [I~~~~ - ~ Notary Publ+c P~F ~ My Comm+ss+on Exp+res: ' r` ; NOTAA1f ?UIL 1 t STATE Ci FtOA [ OA AI LARGE 4-6014-000.7 Rev. 8/77 '•,rrr ~1C •'1~~~.' MI CWHnnISSION E71?IRES MAIR 7 1984 E~K.rM M1M • r~r'r''''It>t'•i' IOfvOtD JffAU .C,EfvERAL INS . ~~RWR1jEItS - - _ -