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Home My WebLink About0987 ~r.~e . ~ U ~ ~ S , q ' /-.3 , p s by~~ Direct Property Related y q rX With Futuro Advance MORTGAGE THIS MORTGqG E, ad~ thi lst. ~y of Februarv , A.D.. 19 85 . Char~otte ~,T. ee ow . oman (Mortgsgor) and ~t~Sun an o t uc e ountv lMort~agee1: (Name of Bank) 13 WITNESSETH, that Morty~~, for snd in consideratio~ of tfie premises and in ord~r to securo the pavmant of the principsl and int~mst o~ tha not~ (ss h~reinafter definedl. M~4tagor hereby grsnu, aaiy~s, transfen snd mortq~ges to Mortgsgee. its wccessors and assiyns forover, the following described resl property in Sr 7~ rt ~ounty. Florida, to wit: Lots 9, 10 and the South 1/2 of Lot 11, Block 11, HARMONY HEIGHTS, ADDITION N0. 4, as per plat thereof recorded in Plat Book 9, page 71, public records of St.Lucie County. p a~5 y ~7 THIS IS A SECOND MORTGAGE Re~~~~'~~ g~-~._yL. ' T~nt Ot T~<es D~c ?n ; . Prc;~er:y, Pu~SUant ,,3 uf ly:l. _ ; r . ~ Clerk Circui; Court, St. Luc~c, Co., fla,~ ~ ihereinaher referrod to as tfie MortgaQed PropertY): and the Mortqsgor does hereby fully warrant the title to the MortQ~ed PropertY and witl defsnd the sam~ ag~irot the lewful d ims of all persons whomsoeve~. PROVIOED ALWAYS, that if ~arlotte W Le the Makerls) (Insert Nsme(s)) of that certsin promissory note dated Lha dat4 hereof (the Note), her heirs, legal representatives or assigns shall pay to ~iA.ortgeyee the prinap~l sum of S 9~~45 . 97 as evidenced by tha Note, with interoat and upon the temns as provided therein, the final maturity date of the Note and of this Mortgege being Fph , 19 ~i_., which Note provides that all inrCallments of prinapsl snd int~rest are payabla at the office of Mort~e~ea, o~ at wch other place as the holder may designata in writin9, ~d that each maker and endorser sgree to pay sll ~ of collectio~, induding a reasonabls attomey's fee, upon defwlt in the payment of tl» Note, and thst if default be m~de in tfis payment of any installment thereunder and that if wch defautt is not msde good in saoordanoe witfi the terms of th~ Note, that tfie entire principsl wm and ~ccrusd ~msd iMerest shall become due snd psysbis without notice rt d~s option of the hdckr thereof: snd shsll perform and compiy with each ~nd every stipu- ~I iarion. sqrssmsnt and covsnant of tfie Note and of this Mortyage. then this Mortgege and ths ata~s herebY as~tad shall bs vad. otherwas th• same shall romain in full foros. Maker covsnants to pay tha interest and principN promptlY when due. Matgagor covensnts to pay tt~e taxes ~nd a~ssrt?erm o~ said property: to keep the improv~ements now existing or hersaft~r eractad on the property intured ag~inst loa by fire, hanrds induded within the term extended covera~s . snd wch other hazsrds as AAorLqsgee maY requirc md in such smounts and for such periods as Mortgagee may require, with a company approved by the Mortyagee, with a standud mortg~ys ias cisuse psyable to Mortgagee, the policy to be held by the Mortgegee, and to keep tfie building o~ said fand in proper ropair. The loan represented by this Mortage and the Nou is personal to the Mortgag~r and tfie Mortgagee made the Iwn to tfie Moriqegor based upon the credit of the Mortgegor and the Mortgages's judgneM of the ability of the Mortgagor to repay all sums ; due under this Mortgege, and, therefwe, this MoRgage may not be aswrned by any wbsequent hdder of an interest in the Mortgaged ~ Property, except ss provided herein, without the prior expreu written consent of the Mort9egee. (f all or any part of the Mortgaged - Property, or any in~erest theroin, is sold or transferred (induding s trarufer by a~eement for deed or land oonVact) by AAortgagor withaut Mortgegea's prior written cons~t, excluding (a1 the creation of a lien or encumbrance wbordinate to tfiis Mortgaye, ib1 . the creation of a purchase monay security iMerest for househdd appliance. (c1 a transfer by devise, descent o~ by operatio~ of !aw upon the death of a joint tenant, or (d) the ~ant of any lessehdd interost of 3 years or less not containing an option to purchase, ' Mortgayee may, at Mortgagee's option, dedare atl sums secured by this Mortgage to be immediately due and payable. This Mortgege shdl secum not only existing indebtedness, but alw wch future advanaes, whether such advan~s are obligatory j or to be made at the option of Mortgegee, or otherwise, as are made within tvventy (20) years from the date hereof, to tfie same extent ~ as if such fut~ure advsnces wem made on the date of the execution of this Mortgege, but wch secured indebtedness shall not exceed ~ ~t any time the ma~cimum principal amount of S nf ~ plus interest, and any disbursements made for tfie payment i of taxes, levies, or inwrance, o~ the Martgaged Property, with interest on such disbursemenu. Any sucfi future advances, whether ~ obligatory or to be made at the option of the Mortgagee, or otfierwise, may be made e+ther prior to or after the due date of the Note or any other notes secured by this Mortgage. All covenants and agreemenu contained in this Mortgage shall be applicable to all further ~ a.ivarKxs made by Mortgagee to 1Aaker under this future advance clause. ~ Should any of the above covenanu be broken then the Note and all moneys secured hereby shall, without demand, if the 1~iortgages so elect, at once become due and payable and this mortgage may be foredosed, and all corn and expenses of collectio~ anci reasonable attomeys' fces, induding costs, expenses and reasonable attorneys' feas on appeal, if oollected by legal proceedings nr through an attorney at Isw, shall be paid b~i the Maker, and the same are hereby secured. IN WITNESS WHEREOF, the Mortqagor has executed this Mortgege as of the date first above set forth. ,Signed, sealad and delivered , ~ in our presen~ ~ _ - , d ~ ~ r , j I ~ ~ ~ ~ (SEAL) ~ (Mortgagor) J % 1 % ~ ~ ~ (SEAL) ~ o (Mortgagor? v ~ ~ ~ ~ a v $TATE OF FLORIDA ) ~ ~ ~ ~ COUNTY OF St. Lucie ) t Q .a _ ~ I HEREBY CERTIFY, tt~at on tt~is day, befora ~me, and officer duly authorized in the State afo~esaid and in ~ W m o the County aforesaid to take acknowledgments, pefionally appea~ed Charlotte W. Lee x to tne known to be the person descrjbed in and who ~ ~ executed the foregoing instrument and ~ e acknowledged before me that she ~ executed the same. = • ~ ; ~ WITNESS my hand and officiaJ seal,in thg County.and tate last af esa' this lst. day of ~ ~ ~ cn Februa , A.D., 19 - ~ ~ . a - • ' ~VoCSC~i PubQc M~i:~,omrttiuion~ Expi ~es: MO1AR? PUBUC STAIE Oi F(OR10A 46014-000-7 lRev. 4/841 mw N1 C~IIIIISSIQN Ex~ JJpE 15,19d8 ~~,~K 4 5 5 ~~~,E 9 8 6 ~aK~~o r~R~ ~~RfRAt INS. ~ _ ~ : . 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