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HomeMy WebLinkAbout0946 S'1"ATE :t- - c~ ~ r-~ , i~: i ' ~ - ~ c~ : ~ iJOCUMEN?11KYrs'. ~Ti>N1+' ~l1a ~ ~ ' ~ ,~f?T. (~f Kf YChUi • ;~.i;~'~. - • ~ ~ - i~.:~' ~ = P8 = x~ -6•~~ ;~-,~~n ~ 0 s. 9 01 ~ 549:320 qo A' ~~~i~" ~ / \ ' ~ ~ ~ ~ ~Y MORTC~AQE 25th Septea~ber 81 THIS MORTGAGE, made this day oi ~ A.D.,19 , George Edward Gray, a Sinqle Adult ~ Sun Bank of St. Lucie County ~ [Name o! sun eanlcJ - WITNESSETH. that Mo~r~gegor. for and i~ oonaideratlo~ of the premises and in order ~o secure the paymeM d ths prind- pal snd interest o~ the note (as hereinafter deflned), Mortgaqor herebY ~ants. ass~ transfe~ Snd mortpapes to Morfi~agee~ its s~u~ssors and assigns forever, the following descxibed reai prop,arty in st. Lucie Florida~ to wit: ' The West 65 feet of the East 325 feet of Lot 20, MARAVILLA GARDENS, Unit #1, according to a plat thereof recorded in Plat Book 6, at page 55, of the public records of St. Lucie County, Florida. THIS IS A SECOND MORTGAGE. OCT ~s A~I ~ 4 6 REC£tYED f • ~ g 111 PAYtdf NT OF TAXEi F': = f~ t~ f;~:'' a('F 0 S' t_•Ct~ CC'JNT Y. f~A GtlE ON CLASt 'C' INTR?1G:81E PERS~HI.I ?ROPER?Y~ FGG;:F POITRAS PUKSUIIMT TO CBAPTFit 71-t:~. ACTS OF H71. ` C~ERK CIRCUIT COU i~f R08ER P~~T"AS AECCRO VERIFIEO 7 0.ER!( Q~qRT CO~T. ST. W~.1[ CO.. PL~ S44320 (hereinafter referred to as the Mortgaged Property); and the Mortgegor does hereby tuly warrant the Mle to the Mort9aged Property and will defend the same against the lawful daims of all persons whomsoeve~. PROVIDED ALWAYS, that if ~orge Edward Gray , the Maker(s) of that certain [Insert Name(s)) promissory note dated the date hereof (the Note). hi s ~ r~~~~~ pr ~s ~I pay to Mortgagee the prinapai sum of S 4, 540. 30 as evidenoed by the Note, with iMerest and upon the tem~8 as provided therein, the final maturity date of the Note and of this Mongege being September 26 ~ ~g 85 ~~qy ~e ~g that all instalUneMs of principal and iMerest are p~ayable at the offioe of Mlortgagee ~ des' nate in writi and that each maker and endotser , or at such other ptace as the hotder may ~9 ~?9. agree to pay all oosts af oollection~ induding a reasonab{e attomey's tee, upon defauit in the payment of the Note, and that'rf defauR be made in the payment of any instaltment thereunder and that ff such defauft is not made good in accordanoe with the tertns of the Note~ that the eMire qindpal sum and aaxued, eamed inter- est shall becorr~e due and payable without natice at the optbn of the holder thereof; and shall perform and oomply with each 3tld @V@ry/ ShpUl81lOf1. 8~9@1T1AM 8fld COV9~18f1t Of th8 I~Ote 8ftd Of 1~8 MOftS8g8. ~16f1 ~~AOrlg8~8 a~ th@ 98~t8 h8f8b~/ i created shall be vad, othervvise the same shatl remain in full force. Maker covenants to pay the interest arxi prinppal promptly ~ when due. Mortgagor oovenants to pay the taxes and assessments o~ said pnoperty~ to carry ir~surance against ~ire on the ~ twikfirtg on said Isnd for not less than S n!g , with a compeny approved by the Mortgagee, with standard moKgage loss dause payabls to Mortgagee, the policy to be held by the AAortgagee and to keap the buiiding on said land in proper repair. ~ This Mortgage shall secure not only existiing indebtedness, but also such future advsnoes, vvheU~er such advances are obligatory or to be made at the option of Mortgagee, or othervrise. as are made within twenry (20) Years hom the date hereof. to the same extent as rf ss~ch futwe advanoes were rnade on the date of the execution of this Mortgage~ but such secured indebt- edness shall not exceed at any time tl~e maximum prirx~pal amount of Z n~a plus interest, and any dis- bursements made for the payment of taxes~ levies. or insuranoe~ on the Mortgeged Property. with interest on such disburse- ments. My such future advaroces~ whether obligatory or to be made at the optlon of the Mortgagee~ or ortherwise, may be made e~ther prior io or after the due date of the Note or any other rwtes secured by this Mortgage. A!I covenants and agreements con- ; tained in this N{ortgage shall be applicable to all further ~vanoes made by Mortgagee to M~ker under this future advance clause. ~ Shou{d any of the above oovenanffi be broken tt~en the Note and all moneys secured hereby shail, without demand. if the Mortgagee, so elect. at once beoome due and payabte and this mortgage may be foredosed, and all oosts and expenses of collection and ressonable attomeys' fees, induding oosts~ expenses and reasonable attorneys' fees on appeal, if ooltected by ~ legal proceedings or thrcwgh an attomey at law, shatl be paid by the Maker. and the same are hereby secured. IN WtTNESS WHEREOF, the Mortgagor has executed this Mongage as of ti~e date first above set forth. ~ Signed, sealed and delivered ' in our pr ~ ~ ~~g~~ (SEAL) ~ ~ ~ 0 0 (SEAL) ~ c.~ (~9a9a) ~ W STATE OF FLORIDA ~ ' U g ~ COUNTYOF ST. LUCIE ~ . ~ ; ~ I HEREBY CERTIFY, that on this day, before me, an officer duly auttwrized in the State aforesaid and in the County BfCNtesaid 't8k9~-$Cknowledgments, pgtsanglly 8ppegred Georqe Edward Gray to me a c~i o krtiown to be ~ in and who executed the foregoing instrument and he adcnowl- ; , ~ ~I ~ LJ~I~e ' , i . . • Y ~V ! WITt~1 . :~nd _ ~ s~i in the Count~; and State last atoresaid this ~ 5r h day of ~ set. _ p ~ ~n , ' ; ~ . .~t~°~`: ~ u,r,.~ • ~ ; ~ ~ Not blic MY H01400a7 N Nt ~~~``4 y`'~, OR C~m~ ~~Y PU9L1C S'ATE Of FtOZiDA AT LARGE PAGE ~~6 MY CO.~!/.~IS~Ip;~ E~(PIP,fS 1UtdE IQ 1985 _ aONOED j+iiw GiNEw~l ?r+S . uNDfRwRI TERS ~