HomeMy WebLinkAbout0645 uIRECT HOME IMPROVEMENT ~ 3 ~ ~
WITH FUTURE ADVANCE MORTGAGE ~~,~~~A
THIS MORTGAGE, made this 22nd daY of August `j A p 19 80 . ~t~.
C. B~Grimsle~~ a single adult-- IMortyayorl and
Sun Bank of St. Lucie County IMoityagee?: '
Name of Sun 8ank~ I
WITNESSETH, that Mortgagor, for and m considerahpn of the premises and rn order to secwe the payment of the Principal and
,
interest on the note las hereinafter detinedl, Mortgagor hereby yrants, assiynz transfers grief mortgages to Mortgagee, rts successors and
assigns forever, the iollowing described real property in St. LUCle _____T_~ County, Fbrrda, to wiu ~
Lot 25, Block 1, PLAT OF CLYDE KILLERS ADDITION, according to the
Plat thereof, on file in Plat Book 4, page 73 of the Public Records
of St. Lucie County, Flrodia -
i
fihis is a second mortgage.
8c~?;yc1 ; o~r IN PAY"c7`T CF TAXES
I ,~5 Ci:= Ca CL : ~ 'i:' , ? '.::i.a•L P'0rEhTYt y~1s3
Pl.;.r_ .~tf Tv , l:- R.cTS-6F wn• 4
- f.,,;.~A PCI1~iAS
CLERK WiGWT COURT, ST. WGL C0~ l~C~ I9BO ~Uu ZS AI~i 3'
FILEgg A afCONOEO
SL LUCIE~OUNTY. f l A.
ROtiER POITRAS
CLERK CIRCUIT LOUR
J
(hereinafter referred to as the Mortgaged Property; and the Mortgagor does heiehy fully warrant the title to the Mortgaged Property
and wirl defend the same against the lawful claims o1 all persons whomsoever.
' PROVIDED ALWAYS, tf>at it C_ B. Gria?sley, a single adult ,the Maker(s) of that
Insert Name(sll
certain promissory note dated the date hereof lthe Notel, h1S fwus, legal representatives or assigns shall pay to Mortgagee
the PrintiP:rl sum of 5 1 , Oll _ fi7 a< wirtPnr•erf by ihP Nnto, with inrnrocr anrt •rnnn rho rwms we {t•nv,riPr1 truw.r+rn the treat -
•
' Au st 21 198>~
1 maturity date of the Note aril of this Mortgage being ~ r 19 ,which Note provides that
alt ~nstaliments of printipal and interest are payable at the office of Mortgagee, or at wch other place as the holder may desiynate in
t writing, and that each maker and endorser agree to pay all costs of collection, including a reawnable attorney's fee, upon default m the
payment o} the Note, and that ~1 default be made m the payment of any installment thereurxler and that rf wch default is not made
good m accordance with the terms of the Note, that the entire Pnnupal win and accrued, earned interest shalt becomedue and payable
without notice at the option of the holder thereof; arxf shat) perform and comply with each and every stipulation, agreement oriel cov-
er•.ant of the Note and of this Mortgage, then this Mortgage and the estate hereby ueated shoo be void, otherwise the same shall remain
in full torte. Maker covenants to pay the interest and pnnapal promptly when due. Mortgagor covenants to Pay the taxes and assess-
. meets on said property' to carry insurance against f ue on the twildmg on said larxl for not less Char. $ Y1a ,approved
by the Mortgagee, with starxlard mortgage for clause payable to MortgaycY~, the policy to be hekf by the Mortgagee and to keep the
II ' ' - ~ bwidinq on said land m proper repau.
i
~ This Mortgage shall secure not only existing indebtedness, but also wch future :xlvances, whether wch advances are obligatory or
to be made at the opt+pn of Mortgagee, or otherwise, as are made wrthur twenty 120? years from the date hereof, to the same extent as
,t such future advances were made on the date of the execution of this Morit}3ge, but such seeureet indctstwlner shad not exceed at any
- O time the maximum pr mupal amount of S - na plus interest, arxf any disbursements made for the payment
~ V' of taxes, Levies, or insurance, on the Mort Pro ert
gaged P y, wdh interest on wch disbursements. Any wch future advances, wfietfier
- ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either poor to or after the due date of ttie Note or
V', any other notes secured by this Mortgage. This Mortgage rs given for the specific purtrose of securing any arxf all indebtedness by the
Maker to Mortgagee (but m no event shalt the secured irxiebtedness exceed at any time the maximum pnnapai amount set torch in this
- a:
paragraph? m whatever manner this indebtedness may be evidenced Or rep:esenteel, until this Mortgage is satisfied Of record. All cove-
- Hants and agreements contained in this Mortgage shall be appiicabte to all further :xlvances matte by Mortgagee to Maker under this
~ future advance clause.
in -
p' Should any of the above covenants tx~ broken then the Note aril a;i moneys x•currKl herctry shall, without demaixi, if the
Y ~ Mortgagee, so elect, at once become dui arxf payable aril this mortgage may be foreclosed, ..net alt costs and expenses of colleeron and
'x` reasonable attorne s' fees, ~nctudin_ costs, ex rises and reasonable attorne s' fees on a peal, A collectEKt h I. al rocef.<lrn s or
- cy Y g iK' Y P V~ P g
= ~ ;hrAujh ar, atiOrri2y at Lav,r, >i:att b~ paid by ih2 ftlaker, and ahe same are hereby srciired.
.A
- ~ IN WITNESS WHEREOF, the Mortgagor ha. executed this h7ortg~ye as of the date hest above set forth.
_ ~ ~
- Signed, sealeet grief dt'iiverwf
~n resente- /t
~ Cam,
ISEALI
iMortgayorl
~~~~-JL~~Ii •`-KdL - - - - - - ISEALI
k 1 Moe tyayor 1
i
STATE OF Florida , ,
St Luce 1 '
COUNTY OF • 13tt ~xM i t
9
1 HEREBY CER~~~d ~•~s~~ before me, an Officer duly author i~~rt in the Seater aforrsaKl and in the Coumy aforPSaid s
to take acknowled~rleQts;.p{tGSOr1s Wa C• B• Grimsley - to me knevm to be the person described s
.n and who execY~6p f~,YegQing,9sw raj ~ mid he _ bcknnwledged before me rhathe executed the same. ;
- --l:. r - .
WITNESS mjt fN pf~ ~
• t/tl~cunty gird State ±as .said this 22nd day of -Aug
~i '
'•.',~Qj~'.,~J/i. ~ A~ Notar Pubnt
. rr a,"'r`~~+~°•,`' My m hOS n%Y p ~.~r . - F~~ : UR AT 1fif~v"'Et i
4-6014-000•TRev. 8/77 Piet lIa :::~.r,...~1~ivr ~~.Vtic;S CiC 19 1963 .
ItVC ROriOy irutU Gir~Eit~,l INi Us~:.:~wRiTER; i.. .