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Home My WebLink About0599 DIRECT NOME IMPROVEMENT MORTGAGE ~ ~ WITH FUTURE ADVANCE 5~4~Q1 THIS MORTGAGE, made this ~th day of __QGtQheY' - A.D., 19 ~ll._ ,between' William A. Haven and Sharron L. Haven, hie wife (Mortgagor) aril Sun Bank of St. Lucie County (Mortgageel: (Name of Sun Bank) 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 delinedl, Mortgagor hereby grants, ass+gns transfers and mortgages to Mortgagee, its successors and auigns forever, the following described real property in St. Lucie County, Florida, to wit: Lot 4, B~.ock 3, SUNRISE HOMESITES, according to the plat - thereof on file in Plat Book 13, Page 14, Public Records of St. Lucie County, Florida. THIS IS A SECOND MORTGAGE ?.~0 1960 OCT ~I A!1 ~ 42 Cer`":~9 = ~•~I tN PA`<`^.T CF TAXES . C;,'_ ;1 CL'GT 'C' C°dl:,':~ RL~ P~'~aAl PROS EtiTYr FILEQ ANO R~CORDCO ST.lIICIE COUMTY.F~A. P~::~~.~JiT 7D 4:i.:; T~~ 71-+~~. ACTS OF 1971. ROGER PC}TR: , F.::GfR Pi.1TFAS ~:~8lr Cii-t't?,; ;;C:J'~ CLFliK CItT.WT COYRTr ST. LUGIE CQ, FLA. - ~ ° r ~ : J ~O i ~ - ~i xa;„~. ~ . . ..34 - - . = ~ - - ~ ~ ~ ~ (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property - m-~ and will defend the same against the lawful claims of all persons whomsoever- ' ~ , i _ PROVIDED ALWAYS, that if~illiam A. Haven and Sharron L. haven His Wife the Makerlsl of that ' ' ilnsert Namelsll - ~ certain promissory note dated the date hereof (the Note), their hens, legal representatives or assigns shall pay to Mortgagee ` y =il? - r, the pnnupal sum of S S3,354.81 as evdenced by the Note, with interest and upon the terms as provded therein, the final ~ - maturity date M the Note and of this Mortgage being Oct 14th , 19 84 , wh+ch Note provides that " ` _ all installments of pnncipat and interest are payable at the office of Mortgagee, or at such other place as the holder may designate in ~ ~ ~ ~ ~ wriLng, and that each maker and endorser agree to pay all costs of collectior?, incltrding a reasonable attorney's fee, upon default in the ~ ~ payment of the Note, and that if default be made in the payment of any installment thereunder aril that d wch default is not made CT1 good in accordance with the terms of the Note, that the entire principal win and accrued, earned rnterest shall become due and payable ' i . ~ without rtotrce at the option of the hokfer thereof; and shall perform and comply with each and every stipulation, agreement and cov- _ ~ _ errant of the Note and of this Mortgage, then this MMtgage and the estate hereby created shall be vod, otherwise the same shall remain Cj _ in Lull force- Maker covenants to pay the rnterest and prmupal promptly when due. Mortgagor covenants to pay the taxes and assess-~ merits on said property; to carry insurance against fire on the buikting on sad land for not Tess than $ n/a ,approved by the Mortgagee, with standard mortgage loss clai:se payable to Mortgagee, the policy to be hekf by the Mortgagee and to keep the building on sad lard in proper repair. i This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are oblgatory or to be made at the option of Mortgagee, or otherw+se, as are made within twenty 1201 years from.the date hereof, to the same extent as p rf wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any T Line the maximum principal amount of S . II~a -plus rnterest, and any d+sbursemr-nts made for the payment j ~ ~ of taxes, levees, or insurance, on the Mortgaged Property, whh interest on. wch disbursements. Any wch future advarxes, whether obligatory or to be made at the option of the Mortgagee, or otherwise., may be made either prior to or after the due date of the Note or _ any other notes secured by this Mortgage. Th+s Mortgage K green for the specific purpose of securing any and all indebtedness by the ~ Maker to Mortgagee (but m no event shall the secured indebtedness exceed at any time the maximum prrnupal amount set forth in this paragraph) m whatever manner this indebtedness may be evdenced or represented, unLl this Mortgage is satisfied of record. Atl cove- Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ! future advance clause. Should any of the above covenants be broken then the Note and ah moneys secured hereby shall, without demand, d the ~ Mortgagee, so erect, at once become due and payable and this mortgage may be foreclosed, and all costs arxf expenses of collection and reasonable attorne s' fees, +ncludin costs, ex arises and reasonable attorne s' lees on a ~ y g P Y ppeal, if collected by. legal proceedings or ~ ~ through an attorney at larir, shall be pars by the Maker, and the same are hereby secured. r ~ Z ~i ~ IN WITNESS WHEREOF, the Mortgagor ha: executed this Mortgage as of the date first above set forth. n ~ Signed, seal arxf deliveretf in our pr se ce: ~ • 1 /~i[/'C~-- / ~iL~-~~ (SEAL) j (`Mortgagor 1 u ~t: cm l~ - 4 ~ ~ ISEAL) r (Mortgagor ? STATE OF Florida 1 ? ~ COUNTY OF St. Lucie 1 . 1 HEREBY CERTtF~Mpy~t this day. before me, an officer duly authorized rn the State aforesaid and in the County aforesaid j ~~i ro take acknowled~P?~!rtt~ i~d~~eared William A. b Sharron L. HBVUiLrte known to be tt+e person described in and who executay~ fps ~ _ Rp~nt and they acknowledged before me that they executed the same- : ~ telJ.. - WITNE rtl7rtdyjls ~D/R,-~.~ sEd~ift Qte County and State cast aforesaid this 1 Sth day of OCt . -:one s~ ~ _w Gi.l: ? d l Q- ~l_ ~Lo i~~~f~-` ~`;~',•r~ tart' Public F'IpT/1R1( P(JBIi(~ STAT f r}Y ~ " E Oi iLORIOA AT LAME s. v[,'~~~t.• t 4 Y Commission ExpirMY ~ ~ 'ry~o CaMI?ti1SS10td ExPIftFS OfC 19 1983 r""1'JrT , • ~1'~Q 11~J C#trERl1C INS WJOfAWA1TEAi 4-b014-000.7 Rev. 8!77 . , . ~ _ t „r,,. r.r„ - ~a~,