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Home My WebLink About0985 ~ ~ ~ ~ SJ .~s q' ~ 3 p Direct Property Related 7 y T/ With Futu~e Advance MORTGAGE THIS MORTGAGE, msde this 4th ~Y of Februarv , A.p„ 1g 85 ~tW~ Henrv Parish & Florence M pari~h (Matgagorl snd ~ Stlii BdI1~C Of Gt LLC~ e t'rimtv (MOrt~(,j~Q?,A ~Name of 8ank) ' 1' WITNESSETH, that Mortgagor, for and in considention of the premises and in order to secure the pavment of the principsl and interest on the note (as hereinafter definedl, Mortqago~ hereby grants, assigns, vsnsfen and mortasges to Ailo~tgsgee, its successors and assigns forever, the following described real property in St. Lucie County, Florids, to wit: Lot 3, Block 2 of Benton's Manor Subdivision, as per glat thereof on file in Plat Book 14, page 18 of the public records of St. Lucie County, Florida. y,&y`.~H Rece+ved ~_L Z_._ In PaYment af Taxes Due On Class "C" In! ~n-:!re Fe•,ona~ Properry, THIS IS A THIRD MORTGAGE. Pursuart To Ch::; :er i_i >cts Of 1971. RO~.~ i'JI i KAJ Clerk Circuit Court, SL Lucie, Co., Fla. ihereinafter referred "to as the Mo~aged PropertYl: and the Mortgegor does hereby futly wsrrant the title to tfie Mortg~ged Propertv and will dafend tfie same a9~ir~rt tha IaMrful c~ims of ~11 pq~ns whomsoever. PROVIDED ALWAYS, thst if enry aris & Florence M. Parish , the Maker(s) (Iruert Name(s)) of that certain promiuory note dated the date hereof (the Note?, ~eir heirs, legal representatives or auigns shall pay to Mortgsgee the prinapal sum of S 4- a~6 _ 14 ~ evidenced by the Note. with ~nterest and upon the terms as provided theroin, the final maturity dste of the Note and of tfiis Mortgage being FPhruar~ ~ ,~g _ 88 , which Note provides that all installments of principal and interest aro payable at the office of Mortgsgee, or st such other place as the holdar may designate in writing, and that ead~ maker and endorser agree to pay sll c~ts of cdlection, includin~ a reasonsble attorney's fee, upon default in tha paymant of the Note. and that if default be made in the payme~t of any installment thereunder a~d that if wcfi default is not made good in aocordance with the ~erms of the Note, that tfie entire principal sum and acaued esmed interest sfial! becoms due snd payable without notice st tfis option of the holder thereof; and shall perfam and comply with each snd every stipu- lation, s~reemeM snd covensnt of the Note and of thi: Mat~aye, tfien this Mortg~ge snd the estata hereby crs~~ed shall be void, otherwiss the ssme shall remain in full force. Maker covanarns to pay the interest srtd principal promptly when due. Mortgpor covenants to pay the tax~ and assessmerrts on said property: to ksep tfie improwmertb now axisting or heroafter erected on tt~e property insured ag~inst lott by fire, hazsrds induded within the term "extended coverags", and such other hazards as Mortgagee may re~uire snd in such amounts and for such periods as Mortgsgee may roquire, with s company app~oved by the Mortgagee, with a standard mortgage loss clsusa paysble to Mortgsgee, tt~e po~icY to be held by tfie Mortgagee, and to keep the building on said la~d in proper repair. The loan ropresented by this Mortage and the Note is personal to the Mortgagor and the Mortgegee made the loan to the Mortgegor based upon the credit of the Mortgagor and the Mortg~gee's judgment of the ability of the MortgaQor to repay atl sums due under this Mortgage, and, Lherofo~e, this Mortgage may not be sssumed by any subsequent hdder of an interost in the Mortysged Property, except as provided herein, without the prior express writts~ consent of the Mortg~ges. If all or any part of the Mortgaged ' Property, or any interest theroin, is sold Qr transferred (induding a transfar by agreement for deed or land contract) by Mortgagor without Mortgagee's prior written co~sent, excluding (s) the creation of a lien or encvmtxance wbordinate to this Morcgsga. (b) the creation of a purchase morrey security interest for househdd applianae, (c) a transfer by devise, descsnt or by operation of law upon the death of s joint tenant, or (d) the grant of any leasehdd in~erest of 3 years or less not containing an option to purchase, Mortgsgee may, at Mortgagee's option, dedsre all wms sec:ured by this Mortgege to be immediately due and payable. This Mortgege shsll secure not only existing indebtedness, but also wch future advances, whether such advances are obtigotory or to be made at the option of Mortgagee, or otherwise, as are made within twenty (20) years from the date hereof, to the same extent as if such future advances were made on tfie date of the execution of this Mortgage, but such sec:ured indebtedness shall not exc:esd ~ ~ at any time the maximum principal amount of S n~a plus interest, and any disbursemenu made for the payment ~ of taxes, levies, or inwrance, on the Mor[gaged Property, with interest on such disbursements. Any such future advances, whether ~ obliga:ory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the dus date of the Note ~ or any other notes secured by this Mortgage. All covenanu and agreements contained in this Mortgage shall be applicable to all further ~ advances msde by Mortgagee to Maker under this future advance clause. St~outd any of the above covenanu be broken then the Note and al~ moneys secured hereby shall, without demand, if the Mortgagee so elect, at once become due and payable and this mortgage may be foredosed, and all costs and expenses of collection and ressonable attorneys' fees, induding costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. IN WITNESS WHEREOF, the Mortgagor has executec! this Mortgage as of the date first above set forth. ' Signed, sealed and detivered ~ f in our presence:. , ! _ ~ i ~ ~~,,~~;1. 1 { (SEAL) Ort~90f ) ~ ~ ~ } 1L~i ~ /"/~JiD ii~ ~~I ~ J ISEAL) m ~ (Mortgagorl ~ w U ~ x STATE OF FLORIDA ) ~ W ~ U ~ ~,.~a COUNTY OF St. Lucie 1 ~ ~ ~ 3~ 1 HEREBY CERTIFY, that on this day, befote me, and officer duly authorized in the State aforesaid and in ~ z`n c~ the County aforesaid to take acknowledgments, personalTy appeared Henn? & Florence 2d_ Pari ~h ~ o b _ jo me knornrn to be the person described in and who ~ x ~ executed the foregoing instrument and thev~` acknowledged before me that t.Y~e;• ~ executed the same. _ ' b WITNESS my hand and official sea! ~Ci xtse 1;4unt~? and State st foresaid this 4~ day of ;n ~ February , A.D:..19 ~ i ~ 5~~+ ~ r ~ a- tn W K dQOK~JS PdGE TMO~ P"~i° I~y~Caqn~+jisiaS Ex~bwr vuei?c srarE ao rcoara~ • ' ~ MY COM~IISS1~~ EXP ~UME 15,1428 46014-000-7 (Rev. 4/84) mw ti0K9E0 iMRU GEIIfRAI IMS. wo. - - .v