HomeMy WebLinkAbout1541MORTGAGE 51 ~~ - ~3a ~~ 9
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THIS MORTGAGE, made th~s 19~ day af ~'.~@~,~' , A.O.. 19 ~- , between
Lester 8. Harqrave ~d Anita C. Harqrave, his wife
(Mortgagor) and
Sun Bank of St. Lucie County, Ft. Pierce ~Mo«~ee~:
(Name of Sun BaokJ
WITNESSETH, that Mortgagor, tor and ~n cons~derat~on of the prem~ses and ~n orde~ to secure the payment of the pr~nc~pal and
~nterest on the no~e (as here~naf[er del~nedl, Mo~~gagor he~eby grants, ass~gns t~ansfers a~d morl~ages lo Mo~tgagee, ~ts successors and
ass~gns torove~, the follow~ng deur~bed real property in $t_ Lt1C14 County, FbrKfa, ~o wit:
~ q~ 1~
Lot 3, Block 05, INDIAN RIVER ESTATES, ITNIT 9, according
to the plat thereof, as recorded in Plat Book 10, page 74,
of the Public Records of St. Lucie County, Florida.
THIS IS A SECOND MORTGAGE.
~sso oEC 23 ~ ~~ 32
~- ~=~T l.a~•i 3 III MriE1R OF TA1lEf
~_; DIIE ON CLAS~ 'C IIITANCltIE rERSONAL MIOPE~TY~
G~ PORSIIANT TO CMAPTEA 71-131, ACTi OF 1l71.
RO~ER -OITR~S
: r: ! CLE~ dRGI1T COrRT. =t. W+~ C~ FIL~~•
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4-6014-000•7 Rev. 8/77
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FILEO /~NC kECOR~Q
ST. UCIE COUNtY._ LA.
R~OER POITww~
~LCf~K CtR~Ui1 COUR. /~
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5~1485
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(he~em. fter relerred to as the Mortgaged Propertyl; and the Mort9agor does hereby fully warrant the t~tle to the Mo.tgaged P~operty
and wiH defend the same against the Iawtul claims of all persons whomsoever.
PROVIDED ALWAYS, that if Lester B. Harqraveand Anita C. Hargrave ~ne Make.Isl ot ~na~
(Insert Name1s1)
certain promissory note dated the date hereof (the Note1, h1S heirs, Icgal representatives or assigns shall pay to Mortgagee
the principal sum of S 6,064.28 ~~~enced by the Note, with interest and upo~~ the terms as prov~ded therein, the final
rt-aturity date of the Note and of this Mortgage being December 1990 , which Note prov~des that
all installments of principal and intaest are payable at ihe oifice ot Mortgagee, or at wch other place as ~he holder may ~es~gnale in
vvritirg, and that each -naker and endor9er agree to pay all costs of collection, intluding a reasonable attorney's tee, upon default in the
payment ot ehe Note, and that if detautt be made in the payment of any installment ihereundPr and that ~f wch detauh is not made
good in accordance vrith the terms of the Note, that the entire principal wm and accrued, earned i~terest shall become due and payable
without notrce at the option of the holde~ thereoi; and shall pertorm and comply with each a~d eve-y stipulation, agreement and cov-
enant of the Note a~d ot this Mortgage, then this Mortgage and the estate hereby created shall be vo~d, otherwise the same shall rema~n
in full force. Maker covenants to pay the interest and p-incipal promptly wher~ due. Mortgagor covenants to pay the taxes and assess-
ments on sa~d proQerty; to carry i~~wrance aya~nst fNe on the building on sad land (or not less than S ~~ , approved
by the Mortgagee, wrth starx/ard mo-tgage bss clause payabte to Mortgagee, the policy to be held by the Mortgagee and to keep the
bu~tdmg on sa~d land in proper repair.
Th~s INortgage shall secure not only ex~st~ng indebtedness, but also wch futu-e adrances, whether wch advances are obligatory or
to be made at the opt~on oi Mortgagee, or otherw~se, as are made w~thin twe~ty (20) yea~s from the date hereof, to the same extent as
~f wch tuture advances were made on the date of the execution of this Mortgage, but wch secured indebtedness sha11 not ezceed at any
t~me the maz~mum principal amount of S i1,~d ptus ~nterest, and any disbursense~ts made for the payment
ot taxes, lev~es, or inw.ance, on the Mortgaged Property, w~th interest on wch d~sburyements. Any wch (uture advances, whether
oblgatory or to be made at the opt~on of the Mortgagee, or otherwise, may be made either prior to or atter the due date of the Note or
any other notes secured by this Mortgage. This Mortgage K grven for the specit~c purpose of secur~ng any and all ~ndebtedness by the
Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the max~mum prmc~pal amount set forth in th~s
paragraph) m r.•hatever man~er thK ~ndebtedness may be ev~denced or represe~ted, unt~t this Mortgage ~s sat~st~ed of record_ All cove-
nants and agreements contained ~n this Mortgage shall be applicable to all further advances made by Mortgagee to Make~ unde~ thK
future advarice dause.
Should any ot the above covenants be broken then the Note and all moneys secured hereby shatl, w~thout demand, ~i the
Mortgagee, so elect, at once become due and payable and thn mortgage may be torecfosed, and all costs and expenses o( collect~on and
reasonable attorneys' 1ees, ~nclud~ng cotts, expenses ~rd reasonable attoroeys' fees on appeal, ~1 collected by legal proceed~ngs or
through an attor~ey at taw, shall be pad by the Maker, arxl the same are hereby secured.
IN WITNESS WHEREOF, the Mortgaoor has executed th~s Mortgage as o( the date f~rst above set forlh.
Sgned aled and delivered - -- ~
~n o r pr~sence: ~~ , '
~~~~~ ~ ~j"7L~ !~ j "f"~" ~ `~~i,~a"• ISEAL)
Jl ~ ~1
~ (Mortgag 1 ~~
- ~""~ ISEAL)
(Mor t9agor )
STATE OF FLORIDA ~
ST. LUCIE ~
COUNTY OF 1
.• •u:~:..,i. .
1 HEREBY CEHTI~Y~ tAif'~nfifi~Sday, before me, an ofhcer duty author~red m the State aforesa~d and ~n the County atoresa~d
~a ~~~'`~ ~' Lester B. Hargrave and ~-ita C. Hargrave
to take acknowledgq7e~ts, plrton~Ny~ra~/s,4d' to me known to be the person descnbed
~n and who executed the to~teyQ~ ~rtstn+~ ~nA ~~ acknowledged belore me that t hE-' X- executed the same.
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WITN~~S my ns~d.~wpdt~cial~l:fi tlye~punty and State la resaid th~s 19th day o! ~cember
A.D., 19 . r ' ~~- :~ - ~ '~J~
~' ~?-~ ~ ~, , ;~~. t ~:la~ c~t ~ ~ ~D-~ a~Q
t : ~ ~~ = Not y Pub1~c
.. ~`'~ ~'r My mm~ssw~ ~~ PUbUC $TATE OF FLORIDA AT URGF.
•• ~ MY COlW~t5S10N EXPIRfS DEC 19 1983
BOOK~~~ PaCE~~ eor~,o~o Tr,au Gi..tiERAI INS UfiDERWRITER~
F.ec~~..e 1rw