HomeMy WebLinkAbout0596 DIRECT HOME IMPROVEMENT MQRTGAGE ~~0 / ~ ~
wITH FUTURE ACVANCE
_ THIS MORTGAGE. made this 16th day of Oci~oher 5 , A.O., 19 ,between'
Shirley J. Howell a/k1a Shirley J• Karns (Mortgagor) and
Sun Bank of St. Lucie County (AAortgageel:
(Nameol Sun Bank) -
WITNESSETH, that Mortgagor, for and rn consideration of the premises and in order to secure the payment of the principal and
interest on the note las herernalter def inedl, Mortgagor hereby grants, assigns transfe.s and mo?tgages to Mortgagee, its wccessors and
assigns forever, the following described real property in $t• Lucie COllnty County, Fbrda, to wit:
Lot 27 Block 50, PORT ST. LUCIB SBCTION TWENTY-FINS, according
to the plat thereof, as recorded in Plat Book 13, pages 32 and 32A
through 32I, ~f the Public Records of St. Lucie County, Florida.
~ .ry 0 RFrL'k'ED = /3.D 1!1 PA'^._'E'tT RF TAXE>j ~ .
CT Z'1 C! ,.S .C. 1•?T:'.:;::: P~2 ~ P::O~ E.tiTYr I9HO
rL' :~::sli TO Cii.:7T_ It-::3. R^~TS OF 19x1. OCj z ( ~ 8: 41
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CLLAK G.a.U.T t:GJ&T. ST. LU%IE CO. FtA.~~~ - FILsO ANC hECOtttkO
SLLUCIE COUNlY. Fl A.
ROGER POITRAS
CIERt(CIRCUtT COURT
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• '~i : thereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
? and wnl defend the same against the lawful claims of all persons whomsoever. _
-c- ~ PROVIDED ALWAYS, that it Shirley J. Howell a/k/a/ Shirley J. Karns ,the Makerls) of that
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_ -;.t~ (Insert Nametsll
certain promissory note dated the date hereof (the Notel, her heirs, legal representatives or assigns shall pay to Mortgagee
~ { f the principal sum of $ 6,530_ 96 as evidenced by the Note, with interest and upon the terms as provded therein, the final
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~ maturity date of the Note and of this Mortgage being OC toper 15 , 19 ,which Note provides that
, i all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in
' T writi
{ rig, and that cech maker and erdorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the
;,J. _ ~ ~ payment of the Note, and that if default be made m the payment of any installment thereunder and that H wch default b not made
; good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable
- without riQtice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement artd cov-
~ anent of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and principal promptly when due_ Mortgagor covenants to pay the taxes and assess-
- menu on card property; W carry insurance against fire on the building on card land for not less than S _II/g ,approved
by the Mortgagee, with standard mortgage fuss clause payable to Mortgagee, the policy to be held by the Mortgagee and to k the
j buikfing on said land in r eeP
p oiler repair.
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f T_ his Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or
f to be made at the option of Mortgagee, or ctherwrse, as are made within twenty (20) years from the date hereof, to the same extent as
f rf wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
} ~ O trine the maximum riot
~ ~ U p ipal amount of S n/a plus interest, and any disbursements made for the payment
of taxes, fevres, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any tuck future advances, whether
O obligatory or to be made at the option of the Mortgagee, or otherwise, may be made eithw prior to nr after the due date of the Note or
C ~ `V any other notes secured by this Mortgage- Thrs Mortgage is given for the specific purpose of securing any and all irxlebtedness by the
~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any tune the maxrmum principal amount set forth in this
"'1 paragra h) in whatever manner this indebtedness rna be evidenced or r
p y ep:esented, until this Mortgage is satisfied of record. All cove-
:v ~ ~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
y ~ ~ future advance clause.
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w p Should any of the above covenants be broken then the Note arx} all moneys secured hereby shall, without demand, if the
~ ~ Mortgagee, so elect, at once bernme due and payable and this mortgage may be loreclr+--:,,, ;rid all costs and expenses of collection and .
C reasonable attorneys' fees, including costs, expenses and reasonable attorneys revs on appeal, rf collected by legal proceedings or
~ ~ through an attorney at law, shall be pad by the Maker, and the same are hereb; secured.
it IN WITNESS WHEREOF, the Mortgagor has executed this M.,rtgage as of the date fast above set forth.
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to
~ 5 ,sealed and delivered
m ou Present
y (SEAL)
e(~~ (SEAL)
Shir y . rtKaras i
STATE OF Florida I
1
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y COUNTY OF $t• Lucie 1 -
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I HEREBY CERTIFY, that on this deir, before me, an officer duly authorized in the State aforTTesadvta~~nd.. in the County aforesaid
to :eke acknowledgments, personally appearedS~li~E~e Hdtrrel 1 a~a„/A $hir~P~e fttrOvvlr'Y~b~the person described
i~ytI11M1 /iJ~~/
m and who executed th~fd nlgts~ffr~tt artd she acknowledged before me that She executed the same.
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WITNESS my ~ cf~,rc}a~;~i~t~jtffGCounty and State last alo said this 16th day of OCtaber
- A.o., is -HII_ : ? ' ~ : ~ = .
~ Y r yr4~~ir~ -
a ~.tiY t' - Notar IiC r~~q
$D~~ tl~ ~ _ pt'i2 C1 NOTAItYmeull~f~ ~lA~OF FLORIDA Al IARGE
.f~••,.~ e;• EXPIRES tAAti 21 :9134
.1r• f1Y CO1~IN11$SICIN 4
4-6014-000.7 Rev. 8/77 ~ ~~':'~1~~~~ ~i 'l tMRU GEAIERHL INS . u~..K~•.Kl rtitL _ r.<. ,t......,. !
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