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Home My WebLink About0814 C111tECT HOME IMPROVEMENT 11?ItORTGAGE ` ~ ~vITH FUTURE ADVANCE 5U'~53~ ~ / THIS MORTGAGE, made this Thirteenth_ ,fay of _ ____NOVember _ _ _ _ A D f08U , f,etween Jimmy_ L. Williams and Sarita D. Williams,_ his wife _ Info„y„~„{ ~,+xf Sun Bank of St. Lucie County, Ft. Pierce, Florida _ _ _ _ _ _ lnno„y.,yKel, _ _ - _ f Nmne of $un Bank I WITNESSETH, that Monyayor, for aixl m considrrat+un of the premisrs and rn outer to se•cwr the payment o} the principal arxt interest on the note las hereinafter deiineetl, Mongayor hereby yrants, assiyns tran;lers aril morty.iyes to A1o~tynycr•, +ts succiKSO+s aril assigns forever, the following descritierl rent p+opeYtY +n --_^$t. LUCle__,_ (;ounty, FlnrKla, to ~rrt: Lot 2, Block 1, SUNLAND GARDENS, according to the Plat thereof as recorded in Plat Book 8, Page 32 of the Public Records of St. Lucie County, Florida. THIS IS A FIRST MORTGAGE. ~ . ~ „ ; . r I°0 ~;'~'1 I7 ~1= 31 F ~i.~Nitrad ~ ~ r • ' ~ in Paymffnf Ot T - ,tie On Clgi iXfls Purteutflnt Ti ~+pibN Pa?son~l P'rt~porty, . - - - Chl~l~? 71,1„ Ants th 1911. f~... . ~ ; SU'753'7 Cl~rll CinouR CrMrt, t ~ (hereinafter referred to as the Mortgaged Propertyl: and the Mortyagor does hereby fully warrant the title to the Mortgaged Property and w+il defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Jimmy L, and Sarita D. W1111amS _ ,the Makerlsl of that [Insert Namelsll certain promissory note dated the date hereof Ithe Note1, their heirs, legal representatives or assigns shall pay to Mortgagee the pnnupal aum of S _l • ET13.78 as evidenced by the Note, with interest aril upon the terms as provided therein, the heal maturity date of the Note and of this Mortgage being November 13 fg 85 ,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 in writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the payment of the Note, and that it default be made in the payment of any installment thereunder and that if wch default is not made good in accordance with the terms of the Note, that the entire principal vim and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; aril shall perform and comply with each and every stipulation, agreement and cov- enant of Ytre Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain in Lull force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the tares and assess- merits on said property; to carry insurance against fire on the building on said land for not less than $ n~a ,approved ~ by the Mortgagee, with starxlard mocigage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the i! building on said land m proper repair. This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such 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 +f wch future advances were made on the date of the execution of this Mortgage, but wch secured indebterlnezs shall not exceed at any f _ time the maximum principal amount of $ _ j'>?d plus interest, aril any disbursements made for the payment _ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether V, oblgatory or to be made at the opt ion of the Mortgagee, or otherwise, may be made either prior to or alter the due date of the Note or - ary other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all irxfebtedness by the _~j Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this a paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- nants and agreements contained in this Mortgage shall be applicable to all further advances made by Mrntgayee to Maker under this future advance clause. r ' UL Should any of the above covenants be broken then the Note acid all moneys secured hereby shall, without demand, if the ~~i Mortgagee, so erect, at once become due and payable arxf this mortgage may be foreclcsed, and all costs and expenses of collection and d reasonable attorr?eys' fees, including costs, expenses and reasonable attorneys' tees on appeal, it collected by legal p•oceerdings or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. - ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortyage as of the date 6+st atwve set forth. = ~ Signed, sealed aril delnrered C Ui in our pr te: ~ ~ ~j AA (Mortgagor) , ' d/~.,(f~yi,~w..~ '~C~ ~~~X-C CI('14~ _ ISEA~? l Ihlortyayor) s STATE OF FLORIDA 1 COUNTY OF ST. ~1~itZS.i;~, v I HEREBY C~~.T, St~j, . ~~y, before me, an officer duly authorved in the State aforesaid and m the County aforesaid Y~' Ji L. and Sarita D. Wlllrba~nown so be the person descr+bed to take acknow e'~sj~e af1Y.l,,Y,:~~~°=1`• -Tt ~ in and who ex ~ t>!o (fin for ~ ~i'J i sn~and . theme acknowled the eQL _ ~ rfg ~ rWrt_ ged before me that y executed the same. WITN m~ ~tffbyE~.inLd'he County and State las foresaid :his - 13th day of _ NOVember ' ,.'a'~'~-,.~~ Kam( ~r / T ~ ~ , - N ry Public ( ~ ,tit - r~RY PUBLIC STATE Of FL IDA AT lA~ ~ - My Commission p A ~b~~1tSS10N EXPIRES DEC 19 1983 a 6014-000-7 Rev. 8/77 g~~~~_S 81~ BIJND~C? THRU GEJdERAI INS uNDERWR118S VV v t ~ - ~