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Home My WebLink About1589 ntRECT HOME IMPROVEMENT MORTGAGE ~Q~" a ~ ~ ~ '°~e ~ W 11 H FUTURE ADVANCE 4,9~, THIS MORTGAGE, marle flies -___I13(~._. day of _ ._.AuQ• Ap., 19 ~Q ,hetwern' St, James Missionary_ Baptist__Church_ . _ _ , _ IMnrlgarK,r? arxf Sun Bank of St. Lucie Co. _ - _ IMn,,,,.,,,,-,.1, - I Name of Sun Bank 1- _ _ WITNESSETH, that Mortg:xlor, for arxf rn consxterat,on of the premnas and rn order to ucura the payment of the pnnc,pal :,rx) interest on the rsple las tier ernalter cfelinedl, Mortyayor tier etry grants, assryns transfers and mortg:,ges to Mnrty:ryrvr, qs successors arxf assryns forever, the tollowrng cfescr,betl real propwty rn -__..___St. -j.uCiE_ __f _ County, Flnrxla, town - Lota 12 and 13, Block 4, Eldorado Subdivision, as per plat thereof on record in plat book 8, page 2 of the public records of St. Lucie County, Florida. ~7 1980 Al1G 12 A~; ~ OT ~3 Rsfyetved • In Pat?nNnt OT Taxe: FILED AND RECUNOEO Ous On Ctssw " C" IManp~ Pwsa>?Ipropts.h S RO~G~ POIIRASA~ CLERK CIRCUIT C T °u's~ To Cfrpd? 71.134, AoM Or ~a71, RECOAO \'ERIFIFO__ _ ~ R~ER ~ ~P • Olee! CM>cuit ~L L.uCis. Co.. FW, 495898 I (hereinafter referred to as the Mortgagttl Propertyl: arxf the Mortgagor does hereby fully warrant the htte to the hlortyayrrl Property and wNl defend the same against the lawful claims of alt persons wtwmsoever. PROVIDED ALWAYS, that rt ~8int .Tames Aiissionary Bautist Chureh___._____ _ ,the M1lakerts) of that Ilnsert Namels?1 certain promissory note dated the da~qtfeo~hereof hhe Note1, -their tx:us, legal represemat,ves or ass,gns shat) pay to Mrirtgagee the pnnapal sum of $ __~Q~.4tz__ as evidenced by the Note, with rnterest arxf upon the terms as provided therein, the f,nal ' maturity date of the Note arxf of flies Mortgage txusg - ~Tu~ 31, 19 , which Note provides that alt installments of pnnapal and interest are payable at the oftrce of Mortgagee, or at• wch other place as the holder may designate rn wntrng, arxf that each maker and encforier agree to pay all costs of collecUOn, mdudrrg a reasonable attorney's tee, upon default in the payment of the Note, and that rf default be made rn the payment of any installment thereurxfer and that rf wch cfe(ault rs not made good rn accordance with the terms of the Note, that she entree pr rncrpal win ancf accrued, yarned rnterest shall become due aril payable without notice at the option of the holder thereoi; and sha!I perform and comply wrest each and every st:pu+at,on, agreement arxf coy ~ enant of the Note and of the Mmigage, then flies Mortgage arxf the estate hr_reby created shall be void, otherwise the same shall remain rn full force. Maker covenants to pay the interest arxf pnncrpal promptly when due. Morrgagor covenants to pay :he taxes and assess- I merits on card property: to carry insurance ayarnst free on the twrkling on saxf land for not less than S _ T_, a__- ,approved • by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mrnigayee and to keep the building on said larxf rn proper repau. This Mortgage shall secure not only exrstrng ,ndebtedness, but also wch future :xlvaneeK, whether such advances are obligatory or I'~ to be matte at the option of'Mortyayez, or othenvrse, as are made within twenty 1201 years from the date hereof, to the same extent as i .f wch future advances were made on the date of the r•xecuhon of flies Mortgage, but such secur~l incfetrtedness shaft not exceed at any ~ Line the maximum pnncrpal amount of S -_1~~a plus ,merest, arxf any disbursements made for the payment - ~ of taxes, levies, or insurance, on the Mortgaged Property, with rnterest on wch disiswsements. Any such future advarx_es, whether ~,-1 obligatory or to he ,made at the option of the Mortgagee, or otherwise, may be made either poor to or after the due date of the Note or I - ~ ~ ~ any other notes 6ecured by this Mortgage. Thes Mortgage rs given for the specific purpose of securing any and al: indebtedness by the ~ _ h'aker to Mortgagee (but rn no event shall the secured indebtedness exceed at any time the maximum pnnupat amount set forth rn flies ~ _ ~ paragraph) rn whatever manner flies +ndebteriness may tx: ewdenced or represented, until this h7ortyaq° is satisfied of record. A!I cove- - ~ Hants arxf agreements contained in this Mra tgage shall be applicable to al! further advances made by Mortgagee to Maker under flies future advance clause. ~ O $hould any of the above covenants be broken then the Note and ail moneys recur,-cf hereby shail, withour demond, if the 333 = fslortgagee, so elect, at once become due arxi payable and Thrs morlyage may Ise force:osed, arxf all costs anti expenses of cokieC.~on aril 11 ~ reasonable attorneys' fees, mcludrng costs, expenses arcJ rr-asonable attorneys' !ees on appea+, ~f couected by ieyal proct:MLnys or _ ~ through an attCrney at Irv, shall be pail by the Maker, arxf the same are hereby secured. - Cpp ~ IN WITNESS WHEREOF, the Mortgagor has executed flies Mortgage as of the to f,rst aisove set fort S~yned, sealed and cte:~vPrecf ~nour ence f ~ ISEAU i _ 7~-~ IA1or tga r%)~t~~f ~ t s - - - - - - S STATE OF 3 ~i~,/~~~lortya~ ! Florida SAC ~lC (^[7~/j~ t , k COUNTY OF 4~ tttalfn~ r ry. , .r~ v I HEREB~~C~TIF1Fi3n~'~?raflrs day, befpre me. en pff,eer du+y autirorrrCn rn thf• grate aforesexi and n the Counts afpr.•5,yrd a to '.ak.: ack ja>tyLgd9m~t rson'a~l~~fpeared y--~'°f:'-~~°~ nC}D1J1~8~1:1o Ire the j»•son drs[rrbecl ,n .end wh~e>;PCUted tf{e~foret~ha tnLlPUrttent and .they aeknOSVledy.tl twfore me U,,rt th~1 _ r'><eeutrd the ~dmp .y ~ l.: WITN~S$ my and'off,crntseal in the County and Stare t a Oreiard flit; 1St _ day nt _ Aug' 'r~ ~ ` N ry PubliC h1 CortNOis,iM Qitq,res~T .i; vi iLORIDA Ai LARs~, • IhY LGY.~tiSS3CN~ EA~iR3:S DEL 19 Is83 a rota-f)oo-7 Rev. S/77 fe~ QA~Ei~~ IONDEG iNRU GE.~iERAI INS lir:D,kwR3TERs - ~ v - r.