HomeMy WebLinkAbout0658 DIRECT HOME IMPROVEMENT MORTGAGE 3 3
WITH FUTURE ADVANCE A ypc'~S
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THIS MORTGAGE, matte flies ~t~-_-- day of tetnber , A.p., t9 ,between'
Shirley J. Lott _ _ (Mortgagor) and
~~~`lr,ri n IMo+tgageel:
!Name of Sun Bankl
WITNESSETH, that Mortgagor. for and in consideration of the premises and rn order to secure the payment of the principal and
interest on the Hate las herernaiter delinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following described real property in $t _ Tasrse •County, Fbrda, to wn:
Lot 20, Block 1, Prosperity Park Subdivision, according to
the Plat thereof on file in Plat Book 7, page 55 of the
Publfe Records of St. Lucie County, Florida.
This is a first mortgage.
.O P
1980 SEP I 0 Aid ~ 08 Received • - In PeyrttNtt 0~ Tfanat
FIlEO RNO FFC4FDE0 Otre On Clfsss "C" Intangible PereonNot~Op«ty,
ST. LUCIE COUN f Y. it A. pursuant To Cttaptsr 71. 134. Nctt O~ •
L • - • ROOGGER POITRAS ROGER POITAAS
- • CLERK CIRCUIT C01lRT
. 'iLCCRfI vrprFlEn__. ICIar! Circuit Coup, St,~lucie• Co.. Fb.
- _4. 48
e thereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
- and will defend the same against the lawful claims of all persons whomsoever.
- PROVIDED ALWAYS, that if Shirley J. IAtt ,the Makerlsl of that
Ilnsert Namelsll
- certain promissory note dated the date hereof (the Notel, her fre,rs, legal representatives or assrgns shall pay to Mortgagee
~ the principal win of S 1,.907 7d as evedenced by the Note, welh interest and upon the terms as provided therein, the final
maturely date of the Note and of this Mortgage being NA 19 ,which Note provides that
all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate m
writing, and that each maker and endorser agree to pay all Costs of collection, including a reasonable attorney's fee, upon default in the I
payment of the Note, and that ii default be made in the payment of any enstallment thereunder and that if wch default is not made
~ _
- good in accordance welh the terms of the Note, that the entire pnnupal win and accrued, earned enterest shall become due and payable
' without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov-
- enant of the Note and of this Mortgage, then flies Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and pnnctpal promptly when due. Mortgagor covenants to pay the taxes and assess- 1
_ „ _ , _ moots on card property; to carry insurance agaenst fue on the building on said land for not less than $ 1~A ,approved
by the Mortgagee, wrtfi standard mortgage loss clause payable to Mortgagee, the policy ro be hekf by the Mortgagee and to keep the
buildeng on Said land in proper repair.
This Mortgage shall secure not only exesung indebtedness, but also such futwe advances, whether wch advances are ablrgatory or
to be made at the option of Mortgagee, or otherwese, as are made wethin twenty 1?01 years from the date hereof, to the same extent as
if wch future advances were made on the date of the execution of this Mortyage, but such secured indebtedness shall not exceed at any ,
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- • time the maximum principal amount of $ - ~ plus interest, and any disbursements made for the payment
U of taxes, levees, or insurance, oo the Mortgaged Property, with interest on wch disbursements. Any wch future advarxes, whether
~ ~ ob)egatory or to be made at the optron of the Mortgagee, or otherwise, may be made either poor to or after the due date of the Note or t
v~, any other rwtes secured by this Monyaye. This Mortgage rs gwen (or the specific purpose of securing any and all irxfebterlness by the
a ~ Maker to Mortgagee (cwt en rio event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this _
i paragraph) in whatever manner this indebtedness may be evidenced or represented, unril this Mortgage es satisfied of +ecad- All cove- ;
- Hants arxl agreements comaened en this Mortgage shall be applicable to all further advances matte by Mortgagee to Maker under this
~ • future advance clause. i
to
i
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r..f p Should any of the above covenants be broken then the Note and all moneys secured hereby shaft, without demand, d the
~ ~ M1tortgagee, so elect, at once become due aril payable and this mortgage may be foreclosed, and all costs and expenses of collection and
y g p y ppeal, if collected h I I roCeedin s or
reasonable attorne s~ fees, includm costs, ex erases and reasonable attorne s' fees on a y eqa p g
~ through an attorney at law, shall be paid by the Maker, arxf the same are hereby secured.
- ~
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- l'' G ` IN WITNESS WHEREOF, the Mortgagor has executctil this Mortgage as of the date foist above set forth.
~
c~ to
• Signed, sealed and deiivereA
in our prese'ce~ `
e 1/ ISEAl1
(Mortgagor I
STATE OF Florida 1
~ - I
COUNTY OF $t. Lucie 1
rtpisilllfrr,r/r #
I HEREBY CERTr~ltr,{ ti! Qay, before me, an off,cer duly authorised in the State aloresaKl aril rn the Counry aforesaid
- . Shirley Lott
to take acknosvledgNtents, p fone~•pP~tarJHi _ _ to me known to be the person described
,n aril who execute4vte fOIegOAt~,s~tyrtlki`gr~end She acknov~ledged before me that - She executed the same.
WITNESS mj~ yid pfl~eal #5xirj if~ ~ounty and State I foresaid this 8th day of Sept.
• q r
- iv^: V ~ N ry Publrt N01ARlf PU6l•G STMT! Q` it.ORIDA AT lAtl~
--rr~r.; )~1 CommissionExp I
1fi11F~COM1A15SICxd EXPtfccS DEC 19 1983
•8~10K >soNOEn J~v f,;E3vERAL INS UNDERWRITERS
4-&OL4-000-7 Rev. 8/77 ~+`+V E..
PacE
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