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Home My WebLink About1914OIRECT NOME IMPROVEMENT wiTN FUTURE A~VANCE / ~~7 : MORTGAGE sls;~ ~~ "~~ ~'~ ~/ THIS MOFiTGAGE. made tn.s 27th ciay ol `7~Va~ ---.- . A.O., 1981 _.- . between ~~D-~._~QA(1~:~__ _and nra A_ RannrattY~__~Q ___ . IMo~tg~~or) ard Sun tiank of St. Lucie Coy~~y _____ ~ti~o„y,~~; ( Name ot Sun Bank I WITNESSETH, tna~ Mo«gagor, ior arnf ~n consKfe~at~on ol the prem~ses and ~n orde. to iecure ~he payment oi the pnnapal antf ~nte~est on the note las nere~~atte~ ael~nedl. Mortyago~ h~eOy gra~ts, ass~gns ~~anslers and mo+-yages to Alortgagee, rts successors and asi ns foreve~, the toliow~. drscr~bed reat St. LpCl@ ~9 '~9 D~oP~ty ~n Cpunty. flo~ala. to wrt: Lots 11 and 12, Block 3 LAKEW~OOD PARK, UNIT 8-8, according to the Plat thereof, a~s recorded in Plat Book 11, Paqe 48, of the Pub2ic Records of St. Lucie County, Florida. ' (Lot 11 - First Mortgage) (Lot 12 - Second lbrtqaqe) Cr~ i'-- c: : , ,~ 1 ~ , T ~ ~ ' ~ r ~ ~~ ~ ~ ~ ~~ ~ ~ _ ~ s~i~7 S15293 1981 J~tl 30 A~! .~ 57 :rt~c ~ht ~~ co~c~;: 5 ROGER PO TRAS„ CIERK C{FCu~: r:~ KLL~i. ~i': -`' Re-terverf 4_L~' ~3 ~ In Pa~~ment O~ Texe! DUP QIl C1Jt e•.C'•. l~t;,~ ;,bl~ Percon8~ ~f~-9~tYr ~U~SU~I~~) tA Chi,^.'P! ) f, ~.3+. r1Ct$ ~~7~. ~ aOfiER POITRA$ ~~~ ~:tw.s Grcuit Caurt, St. Lucie, Co.. Fls. iMe~e~na(ter re(erred to as the IlRortgaged Prope~tyl, and the Mortgagor does hereby Iuily warrant the t+tle to the Mortgagcd Property and w~~l def~ the sarne aga~nst the lawiul darr~s of all perfons whomsoeve.. PROVIDED ALWAYS. ~nat ,t warren D. Bennett & Cora A. Bennett, his Wlf6~he Makerlsl of that (Insert Namelsl~ oe.ta~n prom~sswy note da[ed the date he~eof (the Note) ~eir ~KS, legel representat~ves or ass~g~s shall pay to Mortgagee tne :~nc ~ wm ot `~ •a64.24 ~~,~~~ ~~he Note, w~th ~nte.esi a~+d u D ~ S y pon the terms as prov~ded therein, the final January 27, I989 maturrtY date of the Note and of thK ilAortgage be~ng 19 , wh~ch Note p.ov~des that a~l ~nstaltrr-ents of p~v~cpai and ~nterest are payable at the oftice of Mwtgagee, or at wch other place as the holder may designate m v-irt~ng, and that ~M maker and eMorser agree to pay ali costs of collecuon, u-ctud~ng a reasonabk attorney's fee, upon defauit m the payment of the Note, ard that ~i detault Lr made ~n the payment of any ~nstaltment therrunder a~d that ~f x-ch de(ault K not made good m accordance anth the Lerms of the Note, that the er-tue O-~~~ wm and accrued, earned ~nterest shall become due and payable vintnout not~ce at the op~an ot tl-e nolder thereof; and shall periorm arx! comply w~th each a~d every st~pulat~on, agreement and cov- enanl of the Note and ol th~s Mortgage, then th~s Mw[gage and ihe estate hereby created shal! be vo~d, othervx~se ihe same shatl rema~n +~ fulf torce- Maker covenants to pay the ~n[aest ard pr~nc.pal promptly when due. Mortgagor covena~ts to pay the taxes and assess- ments on sa~d property~ to carry ~nwrante aga~~st iwe on the bu~ld~ng on sa~d land tor not less than S n~a , approved by the Mortgagee, w~tA uardard mortgage toss clause payable to Mortgagee, the pol~cy to be held by the Mortgagee and to keep the bu~ld~ng on sa~d land m proper repa~r. _ Th~s Mortgage shall secure not only ex~si~ng ~ndebtedness, but atso such future advances, whether wch advances are oblgatory or to be made at the optwn ot 11lortgagee, w otherw~se, as are made w~th~n twenty (20) years Irom the date hereo(, to the same eztent as ~1 y,~ch future advances were made on the date of the execuuon of th~s Mortqage, but wch secu~ed ~ndebtedness shail ~ot exceed at any t~me the max~mum pru~cpat arr.ount of S N~A plus rnterest, and any d~sbursrments made tor ttie payment of taxes, Iev~es, or ~nwrante, on the OMortgaged PrOperty, w~tA inte~est on wch d~sbursements. Any wch future advances, whether oblyamry or to be made at the opt~on of the Mortgagee, or othe.w~se, mav be made erther prwr to or a(ter the due date of the Note or any other nptes secvred bV ~h~s Mortg~e. Th~s Mortgage ~s grven tor the speutrc purpose of secunng any and all ~ndebtedness by the Maker to Mortgagee (but ~n no event shail the secured mdebtedness exceed at any trne the max~mum pr~nc~pal amount set fonh ~n th~z paragraph) in whatever manner tA.s ~ndebtedness may be evdenced or represented, until this Mortgage ~s satisf~ed of retord. All cove- nants ard agreements conta~ned ~n th~s Mo.tgage shall be app-Kabte to ali luhher advarces made by Mor[gagee to Maker unoer thn (uture advance ctause. Shouid any of the abpve cove~ants be broken then the Note and all moneys secured hereby shall, w~ihc::t dema:~d, ~f the Mo.tgagee, so eteci, at once become due and payable and thK mortgage may be foreclosed, aM all costs and expenses ot collect~on and .ea~able attorneys' tees, ~nci~d~ng costs, expenses and ~easonable attorneys' ~ees on appeaf, i( coltected by Iegal proceed~ngs or through a~ attorney at law, shail be pa~d by the Maker, and the same are hereby sec~red. IN WITNESS WHEREOF. the Ml~rtgagor has executed th~s Mo~tgage as ot the date f~rst above zet forth. Sgned, seakd and det~vered ~n our pr e: ~~ ~ ~ - ~ -~ STATE OF Florida COiJNTY OF St. Lucie Warren D, Bennett (I~~Q.~c.. ~~~-/C/ (SEAL) ora F~14ti ~ C~ ~1Gtt~ c lSEAL) 1 Mor tga9or 1 1 HEREBV CERTIFY, that o~ th~s day, betore me, an of(,cer duly author~red ~n the State atoresa~d and m the County a(oresa~d ' ~o tate acknowledgments, pe.sona~iY.ag~ared ~r~11 D. & Cora A. Bennett to me known to be the person deunbed ~n a~d wno eaecuted tne forego;o~;ri~n,ip~t aoif ~~eY acknowledged before me that ~ey execu~ed the same. s 't`~ ' - . . r WITNESS my hand ~p.il seai ~~ the Cou++ty and State tas± aloresa~d thR 27th • d~aY of January A D.. 19 $~._ . _ : ~ '. . ~ , ~ l ~ =~:~ ~,~ ~s _ . _ ~ - ~~Gf~ t ;/ ^ Notary Publrt ~=?~ : ~;~ S`•~ .'L` MY Comm~ss~on E~-{ ~~~ STATE Of fIO~ID4 ~i LAR~E ~ J ,•.j - ' ~ ~ f ~'•, . c 1~ : Z'~'~ - Mif COM-eISS Oti EXYIRES AP2. Z3 1982 ~ 1 ~ i ~ 4 6014-OOp~7 Rev. $/77 , ••' ~p T-1W GENER~I It~1c t,t~pER'.. 21'ERSr'~`^~ r.^~ $ I ~"~~ ,r ~~ S. -r.~ ~- . . _ ~ . ~ . x~ .t~r ,~,.r~.xw '3.v =~~ _ . . ` ~ ~mr~ .-~~"~'s~ .