HomeMy WebLinkAbout0598D~RECT HOME IMPROVEMENT MORTGAGE / 2~ ~~_ ~~ //~ ~
WI~H FUTURE AOVANCE
514480 ~
THIS MORTGAGE, macle in~s -_~~L __ clay ol __,I$Ilil$.Ly . _-~ _ _____ _ _ , A D . 19 _BL__ , t~twern~
~ Rngex._~azd r,ihhs SIId-S11Z@~e-~s~hb$------ ------ -- - --- -- - -- ~1ti10rlyag0~) drK1
_ Sun Bank of St~ Lucie County-PSL Office__ _______ ___ .____ ______ ~Mo,ty;,~~-:
~Name ol Sun Bank ~
WITNESSETH, ihat Mo~~gayor, f~~ a~x1 m tons~dr~at~on of tne prem~srs e~xf ~n o~de~ to srcure the payment o~ the prmc~pal ~ncf
,nte~est on the note tas he~e~~atier def~necfl, Murtyago~ he~rby y~anls, ass~yns translers and mortyayes ro. Mo~ty.igee, ~ts successors and
a~s~gns lorever, the lollow~ng descr~bed real propr~~y ~n ____SC: LUC~@__ ____ ___________ ____ C~unty, Flurufa, to w~t:
Lot 8, Black 454, Port St. Lucie, Section Ten, according to the Plat
thereof as recorded in Plat Book 12, Page 49A of the Public Records
of ~t. Lucie County, Florida.
O ~~
I
~9~~ ,!~`~ Z ~ f''~ ?_• [8
s~l~~EC~~: F CCUN Yfl~a ~
r,n~Ea Potfrr~.:~
__ .~ _ c;.;.sx ci~eui; cc~:+~ ` 7
:~~ . ,. .. - . , , . . 0 1n PaYn,an• ~11 TrY~c .
...
:G ~... ~ - , •' ?~~i-1-~i!~!QP?rtc?e~~~ e '•-;r
C7 s .. .. ":: ~'r 1 j, 1 J~. i~.~t4 u~ t ~
_ 14480 ~ ~ Ta; ~
~~:~~~ ~..~ . .~ ~.
' ._ . ~0.;~~. SI. L..:.:, , :.~.. F~b.
• •
~.
~. _ , .
. (here~na(ter re~erred to as the Moitgagtrl Prop~Yty~, arxl the Mo~tgayor does 1~ere~t~y (ully wai~ani the hNe to the hlortgayetf Property
:~ and wui deferxl fhe same aya~nst tnr iawful cla~ms nl a11 persons whonisoever.
PROVIDEO ALWAYS, thai ~f Roeer Edward Gibbs and Suaette Gibbs __,n~Makerlslofthat
~ (Insert Namelsl!
certa~n prom~soory nate cfatecf :ne date ne~eof (the Noia1, . T~lE~L-_ he~rs, teyal reu~tsentat~v~~ of ass~gns shalt pay to ~dortyagee
i _
; the pr~n~~pa1 sum of $ 7.~32~ 72 _. as ewdenccd by thE Note, wrth .nte~est and upon Uee te~ms as prov~ded there~n, ihe hnal
: matunty date of the Note ancf oi th~s Mortyaqe brmg _ nuarv ~ __ _, 1~J ~__ , wh~ch Note prowdes ~hat
all mstatlments ot pnnc~pa! o~d mterest are payable at the o(t~ce of Mortyayee, or at wch olher plxe as the holder may drs~gnate ~n
wrrt~ng, and that each maker ancl erxlorser ayree to pay ali cosls u( cotlection, ~nciudmy a reasonaUle anorney's fee, upon de(ault in the
` pavment of the N~:e, and that ~t default be made m the payment of any mstallment tne~eurxler and that ~t svch default n not maclo
good m atcordante wnh ,hr trrms o1 the Note, tha~ the ent~+e pr mc~pa~ wm and acauc~cl, ean~ecf ~nte~ezt st:aU become due ancl p~yable
wrthout not.ce at the opLOn o} the hotder thereot. ~nc! Sha!i ;~c~form and compty wnh exh and evrry st~pulat~on, aqreement an[1 Cov-
,.~ enant ot the Note and oi th~s Morcgage, thrn th~s Mo~ty~ye a~c1 thr rstate he.et~y creatcd ;ha11 be vo~d, othe~w~zt~ the same shall iema~n
~n tull for~e. hlaker covenants to pay ?he mterrst a~cf prmupal promptly wh~~n due Mortgayor covr.nants to pay the taxes and assesz-
ments on sa~d p~operty, to carry insuranCe ay,3~nst f~re on the bu~NJing on sa~d land fo~ nut !rss th~n 5__~~___ _, app~p~
t~y rhe MU~Tgagee, wrth starxla~d m7rt~~ge tocs dause payabte to hlo~tgagF•.•, !hf• pq::cy to be heki by ihe Mortq:~g~• end iC kr.ep Ihe
bu~:d~nq On sa~d ~aix7 m proper repd~r
'~ Th~s Aio~iyage shalt sewre not only ~rx~stmu ~~dehtwlnrss, i.uf also 5uch futu~e .fclvancet, whethe. such aclvances are obi~gato*y or
' ~- tc be mx~e at the opt~or of hlor,g,~gee, o~ othFrw~se, as a+e m.xf~ wrth~n tw~~nty 1201 y~•ars fiom the dale he~•rof, ro rhe sime extent as
;i ~
i ~f such future adva~ces wf~e m~.~ O~~ ?~e dd?e o! th•- ~•xetuhon ot ~h~s tilortt}~gr, bu( wch sewr~~[1 indet~tetiro~ss sh;fti noI ~rxca~cvl at any .
_- ^ t,m~~ the max~mum p: ~rc~pa! on.ount o~ $__-_ .__-.II($___ __ ____ _ plus int~:+est, ancf any ~1~sbursrments madr_ for Ihe payment
~ v' of tanes, lev~?s, or msurance, on ~h~ pAor2gey~~1 P~Operiy, w~th mte~esr en wch d~stwrsemems. Any such future :xivancr.s, whethe*
! obi.yatory or to be m,~[1e at the opi~on of the MortyagrP, or otherw~se, may be macfe e~ther p~ ~of te or ahE~~ tlir duP date ot the NotP or
i
i - J ~ anV O:nr~ no?ec ~rcu~~tf by th~s Mo•tyaye Th~s FAo:tgaqr ~s y~ven to~ the sprc~hc pu:pr>s.~ o~ srcur~n, any and aU mdNbtedness by The
_~ v h"~ke~ to 1~lortyage~ ibut in no e.~nt shali ?he secure~[f ~nAebtxlness excee~r: at any t~me ths~ max~m.um p~~nc~p~l amount sei forth in this
~I ---~ ~ p~r~raph) •n wnatever m~n~e• thn +nc]Nt~tr<1nr~ss may tr_• ev~dencvel or ~!•p r.5f•nnK}, unT~l ih~s htortyay~ r. L~t~sl~eci of ~~cord. Ail eove-
E , 3 nents anU :.yrer.ments fO~i~~~BA ~n ~h~s R7orty~yv :nvli h~• :~ppl~c~tile ?o all furiher atlvdnc~ts n~;~rl.• by ~,AOrty.u;••~• to PJlak~•r under th~5 .
~ ~' ~ futUrt~ ddvdnC@ CiduSf
~ ~ 'n U
E - ~
t ~"'' - $hOUid ~ny pf •h.. .~l~Oyc• ~oy~.n,~nr; b~ b~o~en fYen tha• Nn?e and atl mpncry5 vrCUrr,~l he~reby Sh;fil, Yfithou* rtrm.i~xl, ~f The
~ : J~,, hto•tuayv.., ~p e ecr, a~ onrr b+•cof~~~ ~iue .~~xf pdyabl~ arxt th~s morr.yagv may tr• fO~ec~oucl, .~n~i all cosTS a~~~f ~•xpenses ot r:ol;ect~nn ancl
~ -~ ro ;~:an;~ie a~to~~r:s fees. ~nciud:nq costs, ~~.p~•n:Pti arxt r~~awn,;t~ir atto~neys' iv.es on apn~a!, ~1 collec~ed by brq~t p~ocerKf~nqs or ~
t - •~ `'•ouoh an J::O~nvy 3t taw. shdl7 b~ !
~ -~ ~ n~~d nY th.: M.~krc. arxf .`:e tiime~re h~::r.by <sreurvct
€ ~ ..~
F - G,.a IN ~NI i NESS bYHEREOF. ~~~• +. ^.
~ - h n.•q.,3c~• is ~r^~-cu,•~f rr, , hlaity,~y~r a; of ttic~ det~ f ~rSt at:~v.r sr.~ fo~'h
7
.q^.Nd. i•'alyd and c1f..v~•~od
~-~ r wese.^.
~' ` i
~ ~ - !
t
E - - --- - - --- - - - -- --- - -- - - - ~sEnu .
' - / q7 ~ ~ Ro~E ward~h~' s ~
~ ~_~ ~ ~~Lc~~- _l _~~L(,_C..(..~ ,~'zE' j. ~ --- - - - - ~SEALI
/ - - --- --- (Mor or 1
• Suzette Gibbs
sTaT~ oF FLORIDA ~
. cau~vrv oF ST. ,1~1CIE ~
~ -~:e
1 HEREBY CE;~rY. thdt on ~1f11 C~<3y, Or~~qrs. mp, ,3•, uft:ce< <fu~y nothonr._r1 ~n tt~.. State diprvS~fKI ,,nd ~n the C~unty afor~~d
k ,
'o 'ek~ 3ck~LOW~iLt£7115, PYrSORA1Sy OpPea~K) _S~Q~jQer ~-~ue~~ _ 'O m.r knOVrn sn bs• tho >or n
i ~ . _ . ( 50 (/v rr~t)~'(~
~ ~r, ~~1C~ Vti~O ~X~Q/~ (~le ~Ie{~ling uKtr~mrni ]•N~ They ,;cknpwlectqrcl twfor~• me T~IVi _.uj~~_' C%f'CUIP(~ i~1Y kfR1Y
~ tiviTNQE~ ~y4wna a~lot~,~~ai sea~ ~~ •hv Cr,~~+v ,~;d S „ :+sr to,.•sa+d rn~s ---1~kLjl-- rt<~y o! __.j~IIl18Y}f _ ,
A D . i9 Ol• ,.. ~s • ~ • .,
~' . ~ ,C' ,
' ~ ~«~ .
" y - - ~- --- ----- - - -- - ---
. Nota~ ub~~
~Jy mm~zvon EaP~~es
(~K JZ~ PN~E VV J ~K~tntr .~~*i ,~ . .. . -,~ ctGR~~:. •. .:.t;~
4 6014-OOU-7 Rev_ 8/77 7(~~K • (' ~ M* ~ ~ ~~n,v `. . ' . CT ~ U 'J lS r . .. . .. ~.. . ,
~ ~01~7~iI IWlV CfJvti~lt 11~. I~OEtWU[ftS ~
F
.... _ . ..: ~ . ,y,,.
G£.~±f- ..y ' ' !in - . q } ". /~'~" ,
. -'~I. e~r'"`~s~.' ~.? .~ mb='J~i?} '~,.~° iix.. .'v;s'.~' _ . _- . `f'~'r ~+:.~, a .......,