HomeMy WebLinkAbout0541 DIRECT HOME IMPROVEMENT MORTGAGE `BOO ~
WITH FUTURE ADVANCE 500497 ~
TNIS MORTGAGE, made tMS 18th daY of ~rt~'r , A.O., 19 _80 ,between'
S'I~'VFN T. FRANCIS and BONNIE J. FRANCIS, his wife _ IMortgagor) and
SUN OF ST. LUCIE OOI~TIY IMortgageel:
lName of Sun Bankl
WITNESSETH, that Mortgagor, for and +n consrderatron of the premises and rn order to secure the payment of the prrncrlsal and
rntertKl on the note fors herernaftet delrned?, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, ris successors and
assigns lorwer, tht /olbwrng described real property rn ST• LUCIE County, Fbrrda, to wit:
LOT 30, BLOCK 3126, PORT ST. LUCIE, SECTION 45, a Subdivision
according to the Plat thereof as set forth in Plat Book 16, Page
25, of the Public Records of St. Lucie County, Florida.
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SUBJECT 'PO that certain 1?brtgage in favor of Citizens Federal
Savings Savings and Loan Association dated April 20, 1973 filed
for record April 24, 1973 in 0. R. Book 213, Page 1102 of the
Public Records of St. Lucie County, Florida in the original
principal sun 623,000.00 which Mortgage the Grantees herein
I agree to assure and nay.
"1.
1980 SEP 23 ll~i i i ~ 03
Received ! • ~ ~ In Payment Of Taxelt
FILEC RhC F; CUaDEp Due On Class "C" IntanplbiaPr,raonalprcM'tbr
ST. LUCIE COON 1 Y. t l A. pursuant To Chapter 71.134. Act! O~ ~ 1,
- • - R06ER POITRAS
. ~ CLERK CIRCUIT CU"R~ ROGER POITRAS
' i t •J. ~ RtCCffn vF~IF?Fn.. __~-s~ _ C~ circuit Court, St. Lucia, Co.. Fla.
. ` 50049'7 -
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(hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby tufty warram the offs to the Mortgaged Property
7. ~ I and Weil defend the same against the lawiut ciauns of alt persons whomsoever. -
PROVIDED ALWAYS, that d S'1'E1IFN T. FRANCIS and BONNIE J. FRANCIS ,the Makerls) of that
" ZI' i~ ~ (Insert Name{sll
~ - ~ } pertain promissory note dated the date hereof (the Notel, their hers, legal representatwes or assigns shall pay to Mortgagee'
• • the prrnupal sum of S 6+029 ~ 21 as evidenced by the Note, with ~rtterest and upon the terms as provided tfierem, the final
* -~S maturity date of the Note and of thK Mortgage being September 18 , 19 85 ,which Note provides that ~
' . ~ - _ all installments of principal and interest are payable at the oft~ce of Mortgagee, or at such other place as the holder may dez~gnate in
•r { ! writing, and that each maker and endorser .agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the
t ? payment of the Note, and that ri delautt be made rn the payment of any installment thereunder and that if wch default Knot made
~ ~ good m accordance with the terms of the Note, that the entire pnnc:pal win and accrued, earned rmerest shall become due and payable
- witfiout notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov-
gage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain -
- , errant of the Note and of this Mort
m full force. Maker covenants to pay the interest and prinapal promptly when due. Mortgagor covenants to pay the taxes and assess-
~ C7• ~ ments on said property; to carry insurance against I+re on the burkirng on card land for not less than $ n~8 ,approved
_ ,,,o, by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the +
I~ buridrng on card land m proper repair.
I
Thrs Mortgage sha!I secure not only existing rrWebtedness, but also wch luture advances, whether wch advances are obligatory or
`I 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
rf wch future advances were made on the date of the execut+on of this Mortgage, but wch secured indebtedness shall not exceed at any
C3 i p plus rnterest, arxf any disbursements made for the payment i
f hme the maximum nncipal amount of S n/a
j _ f of taxes, levies, or rnsurarxe, on the Mortgaged Property, wrtA interest on wch drsburv~mems. Any wch luture advances, whether
I!{ ! obtgatory or to be made at the optron of the Mortgagee, or otherwise, may be made either prior to nr after the due date of the Note or
r-+ 'J ~ any other notes secured by this Mortgage. Thrs Mortgage rs given for the Specific purpose of tPCUrrng any and ail indebtedness by the
~ Maker to Mortgagee Ibut in no event shall the secured indebtesness exceed at any trine the maximum prinapal amount set forth ~ this
r-a
_ I paragraph) rn whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. Ail cove-
~ j Hants and agreements contained rn this fblortgage shall be appircable to all further advances made by Mortgagee to Maker under this
f1i future advance dause-
U':
4. ~
G! Should any of the above covenants be hroken then the Note and alt moneys secured hereby shall, without cfemarxf, if the
~ a41 - Mortgagee, so elect, at once become due arxf payable and this mortgage may be foreclosed, and all costs and expenses of coilectron and
reasonable attorneys' fees, rnclud,ng costs, expenses and reasonable attorneys' fees on appeal, ri collected by legal proceedings or 1
through an attorney at law, shall be yard by the Maker, and the same are hereby secured. `
_ i
- ~ IN WITNESS WHEREOF, the. Mortgagor has executed this Mortgage as of the date first ab~w set torch. r
- C: V:I
i ~ Signed, se ed and dei+verecf
in o nce -
~ r
(SEAL) f
~ s . T.1
ISEALI
1 urtgagorl
BONNIE J. FRANCIS
STATE OF F10TIda
i
COUNTY OF St • Lucie I
1 HERESY CERTIFY, that on this day, before me- an officer duly authorrred in the State aforesaid and rn the County aforesaid
to rake acknowlr.dgments, personally appeared Steven T. and Bonnie J. FraT}~~ knovm to be the person described
s s
rn and who executed the for tIMNt1~lgyrcf t}1ey acknowledgeel bef e~that the executed the same.
?YITNES my hand and ijPlf!b1 3 rty and State last of -said this day of ,
A D, i 9 i ar~y
i : i
8~~ P~ y; - ~ /f '..'.ri Yfy Comm+ssron E'~'St~,RY p~;allC STATE Of fLCR10A AT LkRGE
/ ' rAr cv::~rtilSSIGN EXe1FCFS rr,~:k 21 1904
4014.000.7 Rev. 8/77 .:,F '~...a~a•~ r; ...J.Li +nrcu GEfiEgAl iti5, iri+ii[kyll~llF~. n.,,
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