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HomeMy WebLinkAbout0467 i MORTGAGE ~3a~~~o ' 49'033 THIS M0f1TGAGE, made thrs 20th d,y of AuQUSt . A,p,, tg 80 ~ b f1~~ James Barnes, Jr. and Lillie Mae Barnes. his wife IMatgtgorl end Sun Bank of St. Lucie County, Ft. Pierce (tlAortpepal: (Name of Sun Bankl WITNESSETH, that Mortgage, for and rn consderatron of the premises and rn order to secure the payment of the principal and rnterest on the note Iss Iterernalter delrnsdl, Mortgagor hereby grants, assrpns transfers end mortgages to Mortgagee, its successors end assigns lorever, the lolbwing described real property to St. Lucie County County, Fbrda, to wit: Lot 23, Block A of FRAMBACH SUBDIVISION, as per plat thereof recorded in Plat Book 7, page 36, of the public records of St. Lucie County, Florida. g.Cs1YEp IN PAY1tfNT Of TAXEa ~~p DUc 0'1 Cl='S 'C' INTR.~iG 9Lf PERSON:.I PaOaERTYt Flif;SulUIT T9 ~1tA?T~3 Tl-I i4, ACTS OF 1171, f1i,6ER PGITiUS CL:RK gRCUR COWtT. ST. LOCIE CO, M.~~ - _ - - - _ 190 AUG 22 AN ~ 53 _ ~ ; • ' , 1 ` ; ~ _ . _ ~ FIL[D aEE FECOROELLO . A SROGLR~P~ITRAFSA. . _ ~ ~ . ~ - - - - ~ , ~ G t}. ~ l' j CLERK CIRCUITnCOURy~ • pCCQROIrFRIF1Ep_ -,at~_._,r 49'!0:33 Ihereirtelter referred to ss tM Mortgaged Property!: and the Mortgagor does hereby fully rwrrant the title to the Mortgaged Property aid wit! defend the same sparest the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if James Barnes, Jr. and Lillie Mae Barnes ,the Maker(sl of that (Insert Namelsl) _ anent promissory note-dated the date ftereol (the Notel, their heirs, legal nprererttativss or assgns shall pay to Mortgagee ~ K F ~ the principal sum of : 5, X77 _ 7 1 as evidenced by the Note, with interest end upon the terms as povidod therein, the /feet ~ V ` ~ maturity date of the Note and of this Mortgage being August 19 tg 85 whidt Note provides that 1 O l.- ell insulkrtents of principal and interest are payabM st tM of/ice of Mortgagee, a et sttdt other place as the holds may designate in W .v O N vaitirtp, and that each maker and endorses spree to pay ell txtsts of cWNction, including a reasonebM attorney's lee, upon default in the a ~ z payment of tlttt Note, end that it defeuft be matte in the payment of any installment thereunder and that it such detauk a not made ~ O good in aocordenct with the tams of the Note, that tM antes principal sum and earned, eerrted interest shell became due and peyabM t cWi without notice at the option of the holder thereof; end shNl perform and t:wrtply with qdt and every stipulation, apreerttatt and oov- t'' ~ ~ N spent of tM Note and of this Metgegs, than this Mortgage and tM estaee hereby crested shell be void, otherwise the seine shall remain j p W ~ in full fore. Maker covenants to pay tht interest and principal promptly when due. Metgegor covenants to pay the texas and - N G ~ p menu on said property; to prry insurance against Ire on the buildup on said lend for riot less than = n/a ,approved Z co O to by the Mongepn, with startderd mortgage bas Nauss psyabM to Mortgagee, the policy to be held by the Mortgagee end to keep the - m ~ t` a butktirp on said Iertd in proper repair. ~ ;n ~ w i ~ _ ~ ~ av This Mortgage shell seoun rwt only existing indebtedness, but also such lutws advertces, whether such advances era ablipetory w ro be roads at the option of Mortgagee, o? otherwise, ss are matte within twenty (201 years trap the date hereof, to the same extent as i1 such future advsttces Wes! ntede On the date Of the exewtion Of this Metpepe, but st1CA secured irdebttdrtess shah not extend at any time the maximum principal amount of : I1/a plus interest, and any disbwserrtents made fw the payment I ~ of taxes, Nvia, a inwrsnce, on the Metgtged Property, with interest on such disbwtements. Any such future sdvanas, twhetlter obligatory or to bt made st tM option of the Mortgagee, or dthawise, may be made either prior to or slier the due date of the Note or any othn notes secured by this Mortgage. This Mortgage is given for tM tperyiie pwpose of teverirp any erd all irtdebtedrtess by the ~ Maker to Mortgsget (but in no event alts!! the-sewed indebtedness exceed at any time the masimwn principal amount sal lorth et this - paspraph) in whatever manner thq ndebtedness may be evidenced or represented, wail this Mortgage is satisfied of record. AN cove- , Hants and agreements contented in this Mortgage shat) be applipbN to alt tunMr edvertces reeds by Metpepee to Makes under this future advance clause. J Shouw arty of the shove covenants be broken then the Nee artd all moneys secured hereby shell, without demand, if the Mortgagee, so elect. ai once become due and payable and this mortgage may be teedosed, and all vests and expenses of collection and ~ ~ reasonable attorneys' tees, Including costs, expenses and ressonebN attorneys' fees on appeal, i/ eollettad by legal proceedirps or through sn attorney st law, shah be pad by the Maker, and the same are hereby severed. IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the dire first above set lorth. s Sgned, end delivered in our e: ISEAU (Metgagor) . Q./~l r st? ISEAII (Mortgagor) STATE OF FLORIDA 1 1 COUNTY OF St. Lucie 1 ar~tt:;;N,: 1 HEREBY CE Kam, [his day, before me, an olt~cer duly author~ted in the SMte sforesad and M the County aforesad r;~~~l~ to take acknowls~ents, James Barnes,Jr and Lillie Mae Barnes 7rersohaepy apprxed to rite known to be the person described ~ f ~ r w ` in and who exetSr~i! Ilse iego~instrulkset$ and they scknoWlafged before me that they executsd the same. yY1TfiESS mf 1yn71 nA•Ohrcrtl`~t rrt Ills County and State toreseid this 20th ~y of August A.O., 19 83O - .o ' - -t~ . ; _ R.l~l~il ~ l~- ~O~ ~(s y Public ~D~ ti.~' ~ M Commruwn Expwes: s+`' NOTARY PU84C iT:,TE C:f FLORIDA AT LAS IiO~~-0OfE711wr. ~/7T e C IIAY CG.Vbti1 t SS I CC1~V EXP I,i~S Gi:C 19 19 S 3 t.w,.w w.w BOOK PSG lCMVDEp jt1RU C#NERAL INS UtDiiR`,4RfTERT