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HomeMy WebLinkAbout0659 DIRECT HOME IMPROVEMENT MORTGAGE 003 / WITH FUTURE ADVANCE4g8l949 THIS MORTGAGE. made this St21 day of SeptHl~ A.O., 19 ,Yv .between' mph G B2oclShau~and Diane Rr+nckt,att~, his Wjfe (Mortgagor) and Sun Bank of St. Lucie ooutty (Mortgagee): INameof Sun 13ank1 WITNESSETH, that Mortgagor, for and in consderation of the premises and in order to secure the payment of the principal and interest on the note las hereinafter delincdl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and suigns IOrwer, the following described real property m St. LL1CiP_ County, Fbrida, to wit: i Zhe South 26.35 feet of Lot 9 and all of Lot 11, Block 13,, - IrIARAVlLLA PLA7A ac to the Plat thereof as recorded in Plat Book 5 pages 44 of the Public Records of St. Lucie county, Florida. ~3~0 fit' 10 ~ ~ ~ / fk ~ Rflwsived • In Payment Of Taxot 4 • Due On Claf/s "C" Intaflpibb Personal oroM,.tti, _ . Old - Eyt~yli COI1itT _ pt?rsuant To Chaplet 71. 134, Acts Of ' 8~ t . f:rCGFY1 ~F~sft` ROGER POITRAS Circuit Coup, St. Luck, Co., Fla. 488849 - (hereinafter referred to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the tale to the Mortgaged Property and will defend the same against the lawful claims ni all persons whomsoever. - - - PROVIDED ALWAYS, that if l~.i~ G BT.t.7s:.i~lixlJi3 df1l~ Dii~ilE BY()Ckl']RU-4 ,the Makerls) of that [Insert Namelsll certain promissory note dated the date hereof (the Notel, lr heirs, legal representatives or assigns shall pay to Mortgagee ` ~ ' ' the prinupal sum of $ g, 551.07 as evidenced by the Note, with interest and upon the ter~mns as provided therein, the final maturity date of the Note and of tha Mortgage being _~te~bPr , 19 ~tL ,which Note provides that - alt installments of pnncipal and interest are payable at the office of Mortgagee, o? at wch other place as the holder may designate in writing, and that each maker and endorser agree to pay all colts of collection, including a reasonable attorney's (ee, 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 K not made ~ _ good in accordance wish the terms of the Note, that the entire principal win and accrued, earned interest 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 coo enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain - m full force. Maker covenants to pay the interest and pnnupal promptly when due. Mortgagor covenants to pay the taxes and assess- - - . ` ments on said property; to carry insurance against fire on the building on said land for not less than S n/a ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the buikdirsg on said land in proper repair. i i ~ This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are bblgatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as S if wch future advances were made on the date o1 the execution of this Mortgage, but wch secured indebtedness shall not exceed at any i .v time the maximum pnncipal amount of $ D~a plus interest, and any disbursements made for the payment of taxes, levies, or insurance, on the Mortgaged Property, wrih interest on wch disbursemems. Any wch future advances, whether ~ oblgatory or to be made at the option of the MortgageY, or otherwise, may be made either prior to or after the due date of the Note or j any other notes secured by thn Mortgage. This Mortgage is given for the specific propose of securing any and all indebtedness by the l Maker to Mortgagee (but m no event stroll the secured indebtedness exceed at any time the maximum principal amount set forth .n this f { paragraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- i - j Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ! future advance clause. ~ ' 1-f i ~ ~ Should any of the above covenants be broken then the Nnte and-all moneys secured hereby shall, without demand, if the T ~ ` Mortgagee, so elect, at once become due and payable end this mortgage may be foreclosed, and all costs and expenses of collection and reasonable attorneys" fees, including Costs, expenses and reasonable attorneys' fees on appeal, it collected by legal proceedings or through an attorney at law, shall be paid by the Maker, arxd the same are hereby secured. 7 ~ ` : - ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. I 1 Sgned, sealed and deiwered in our rice: Lt~ ' lL'~46~~+ ~ (SEAL) A-t1~ J~G~o R l_G. Br IM (p~r) - _ ISEAU ~ ort ~ i STATE OF Florida 1 Diano Brockhaus r - COUNTY OF $t. Lt1Cle 1 t 1 HEREBY CERTIFY, that on this day, before me, an officer duly authorised in the State aforesad and in the County atoresad 1 to take acknowledgmelits.~~, appeared - Ralph Ci. Brockhaus to me known to be the person described m and who execut~l thl' fpteg0irtg instrulnept and Dane Br~C114rti' °'at~r`®gvri before me that ~~s executed the same. WITN my haN(! x+~tbSCounty and State last aforesaib this 5th daV of A.D., 19 . a • . 4 Notary ublic fVOtARr NIKK AI11~ O/ AIOROA Af IAd i c~ ~ - fjf. My Commission Ex(EMsGpMMlssl~l f~lY~ ~ Iff1s i - -^~~H9 ~ , ~C~ ~ ~Ot~~fD 1lNY ~ib~K ri : I~fL1MR11>f~ 't1~~'^~~= i a-6014.ooa.~Rw.8/77 OR t..~~.,...•.n• Bo0lf ~ PaCE , _ - _ - vz ~ _ -