HomeMy WebLinkAbout0925D~RECT HOME IMPROVEMENT MORTGAGE ~a ~ 83 ~~8~
wiTH FUTURE AOVANCE si6454 ~
THIS MORTGAGE, macle ~h~s 6th ~~ o~ _ February ___ _ A o., i~ 61. . l~rtwern
JOHN M. Tiffany and_Dixie L. Tiffan~r, his wife ____ _____ __ ___ ~M~,~~,- ,~n
Sun Bank of ST. Lucie County
-- -- -- ------ --- ------ 9~e~.
;~... , -- -- --- ---_ Moit
. (Name ot Sun Bankl
WITNESSETH, that Mo~tgayor, lor arKt ~n cOns~de~al~or. OI the prem~ses and ~n o~de~ to s4cu~e thr payment of thr pr~nc~~wl ane)
, ~ntrrest on the ~ote (as he~e~naiter del~necll, Ma~iqa9or 'tir~rby yranis, assigns t~ansfe~s ancl mo~tqayes ~o A1o~tgagep, rts suCCrssors arxl
ass~gns fo~ever, ihe Ioliow~ng descr~t~ed ~rai p~opr~~y ~n _-- -a~~_LLIGl@ --_. --------.------ County, FIOrK1d. to wN:
Lot 24, Block l, of MARAVILLA PLAZA SUBDIVISION
~ according to the plat thereof recorded in Plat
; Book 5, Page 49, Public Records of St. Lucie
Couhty, Florida.
+~
(This is a second mortgage.)
19Bi FE~ 10 j~ .~ 09
~U
1~ ~
~e
~ ~
< - ~
~ ~
. ' ,i
~ J~
- ~ ~
~ ~ .
~~~, •
~>
-
_ ~ i
~ i
F!~Et trr ~~ c~:ci~i:~
SI. LUC1f COI~N i Y.! t ~.
RpGER POITRt.S ^
CLERH Ct°CUit C~•,~?1 J~
~f C?P!' 1'~ ! '! ^ Q~ ~
~/ ~.
516454
~ • ~•~ / in Payrnent Of Tvice~
DW ~f1 CI~N "C" IManpibl~ Personal Rop~ny.
~Mnu~nt To ChapM~ 71. 134. Accs Ot T971.
lIOGER POITqAg
CIMIt C1roWt Cou~~ ~t. Lud~ Co.. Fla. ~~~
(here~nafte~ relerred to as the Mortg,~gcd Propertyl, and the Mortgagor does Ae~eby tu~ly wairant th.: htle to the Mortgagt.d Prpp¢rty
and w~~l defend the same eya~nst the Iawiui claims ol all persons whomsoever.
PROVIDEQ AI.WAYS, that ~f _ Jc~hn M_ Ti an~( and Dix?e T.. Tlffanv ,tneMakerlslotthat
' (Insert Namels-]
certa~n ~xom~ssory note dated the date he~eot (the Notel, thelr he~rs, legal representat~ves or au~gns shall pay to Mortgagee
the pnncipai sum of S 12 • 336. 17 ~~,denced by the Note, w~th ~nierest and upon the !erms as provnled there~rt, the linai
matunty date of the Note arxf of this Mortgage be~ng Feb. 8, ~g 91 , Wh,~ Note prowdes that
al1 ~nstallments o( pnnapal and ~nterest are payable at the oHKe of Mortgagee, or at wch other place as the holder may des~gnate m
w-~ting, and that each maker and endorser agree to pay all costs ot collect~on, ~nclud~ng a reaso~able attor~ey's ~ee, upon de(aul! ~n the
payment of the Note, and that ~f default be made ~n the payment oi any instal~ment thereunder and that ~f wch detault n not made
good m accordance wrth the terms oi the Note, that the ent~re pnnc~pal wm arxl accrued, earned ~nterest shall become due and payable
w~thout not~ce at the opt~on of the holder thereo(; and shall perform and compiy w~th each and eve~y st~pulat~on, agreement and cov-
enant of the Note and o1 th~s Mortgage, then this Mortgage and the estate hereby created shall be vo~d, otherw~se the same shall ~ema~n
~n tull (orte. Maker tOVenants to paYthe mterest and princ~pal promptly when due. Mort9agor cove~ants to pay the taxes and assess•
ments on sa~d property; to carry ms~rance agamst i~re on the bu~Id~ng on sa~d land for not less than S , approved
by the Mortgagee, with stanciard matgage Iosz clause payable to Mortgagee, the pol~cy to be held by the Mortgagre and to keep the
L~u~ld~ng On Sa~d land ~n prppet r~~t.
Th~s Mortgage shalt secure not o~ly ex~shng ~nefebteclness, but alyo wcA future aclvances, whether such adiances are obi~gatory or
to be made at the opt~on of Mortgagee, or otherw~se, as are made w~th~n twenty (20) years from the date hereof, to the same extent as
~f wch future advances were mada on the date of the execut~on of th~s Mortyage, but such secured ~ndebtedness shall not exceed at any
t~me the max~mum pr~nc~pal arrounl oi S N~A ptus ~nterest, and any d~sbursements made tor the payment
ol taxes, levies, or ~nsurance, on the Mortgaged Property, with ~nterest on wch d~sbursements. Any wch future advances, whether
oblgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~ther pr~o~ to or after the due date ot the Note or
any other notez secured by thK Mortgage. Thn Mortgage ~s grven lor the spec~f~c pcr,~ose of secunnq any a~d a11 ~ndebteclnesz by the
Make~ to Mortgagee (but ~n no event shall the secured ~rxlebted~~ess exceed at any tune the max~mum prmc~pat amount set forth ~n th~z
pafagraph) ~n whatever man~er ~h~s ~ndebtedness may be ev~denced or represented, unt~t th~s Mortgage ~s sat~sfied of ~ecord. A11 covE-
na~ts and agr¢ements conta~ned ~n this Mort9age shall be applK~te to all tur~her advances made by Mortgagee to Maker under thn
future advance ciau:e.
Shouid any o~ the above crnenants be broken ihen the Note arxf alt morteys secured her~y Shall, w~tAout demar•d, ~f the
~+lo~tgagee, so elect, c*. once become due arxf Qayable and !h~s matgage may Ge foredosed, and all cozts ano e~pense; of co~lect~an and
reasonable attorneys' tees, mcludm3 costs, expensez and .easonable attorneys" tees on appeal, A collected by irgal proce~ed~nqs or
through an attorney at law, shatt be pad by the Maker, arxl the same are hereby secured.
IN WITNESS WHEREOF, the Mortgagor has executed th~s Mo*:gage as of the date I~rst atwve set torth.
Sgned, sealed and deirvered
~n our pre / ce
. s~~~- ~-/ -t~
v~, n ~
~~7~ 1`~ 1ys+'-'?v['i~ l~-C~i~ J
John M. Tiffapy
~ ~~ ~ ,
/~iV~ L~' ~ / ~ ~ /
!~ ~ ~ ~C?~fSEALI
~ lxie L. Ti~PBE ' -..
~ t ~ (_ ~ ~~-_1_ Cl~~t~,. ISEALI
IMortqa~or1 ~
. ~
STATE OF F101'ldd ~ \
, St. Lucie ~
COJNTY OF ~. ~ ' / ~" .
7~`i!•i~+r '~7~ T. '
1 HEREBY CERTIFY, thiF ~
~. ~,~~} btfo[d#A ; anbfLcer duly authonreu m the Srate aforesaKf and m the County atoresa~d
to take acknowt ments, e•so~~'~i~~~ ~~' y• Tiffany & Dixie L. Tiffany
~9 P ti to me known t0 be ihe persp~ destrrbed
~~ and who e~ecu~ed the foregp~~~meqt'and ''` `~]r acknowledged be(ore me that they e ted the
AD
; 4 ao, a-oooa R~-. am
~
_~ ~.~ __. .. __ _ ...:
xecu same.
WITNESS my hand aod O( ~/'t~!-S~A1 ~n the,Co~tq ~rW State tast aforesa~d th~s 6th ~Y o~ February
i~ - , ~ ~
~ t9 -~-- -
~,~: ;. , . !
~
,,~ ~T.; ~• ;;_;..=• r. .
~J'~ ~. ~ ~
~=:~ Notar P ht
~~,`•,' . r y~ KSfA1E ~ EWRIOA AT LNRGE
~ ' ' My Comm~ss~d~E~i ~
g~~ 348 PN~f 925 ~~~~~; u°~
E.«,.~~....,.
~
-.. ,._.._,~ ~-~