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Home My WebLink About0997 ~,.c.~ . ~ ~ - . .Z e~ b S D.S . ~ .p~ , Dirsct Property RNited ot 7~~• ~ f 6•7V~~4 With Future Advsnos MORTGAGE ~ THIS MORTGAGE, made this R*~ day of Mn~-nh , A.p„ 19 RS betWdAn J m $ nk A S_ nic i F+ C%>»n t~t~„~ (MOfLgpOf ~ ind ~b/ ~n~n~r (Nam~ of Bsnk) a WITNESSETH, that Mortga9or, for and in coruidentio~ of the premisas and in order to securo the pavment of the principal and interost on the nots (as herein~her defined), Mortppor hersb g~ ts, iQns, vansfen and mortq~ges to Mortgsgee, its successors and assigns forever, the following described real property in ~r•~uc~e Cou~ty, Florids, to wit: Lot 24, Block 1, of MARAVILLA PLAZA SUBDIVISION according to the plat thereof recorded in Plat Book 5, page 16, Public Records af St.Lucie County, Florida. THIS IS A SECOND MORTGAGE fhere+naftaf referred to at the Mort~aqed PropartY): and the Mwtpgor doa hereby fully wsrrant the tide to the Mortg~ged Propertv and will defend tfia same agfinst the laMrful daims of all persons whomsoever. PROVIDED ALWAYS, thtt it , the Maker(s) ~ (Insert ame(s1) of that certain p?omissory note dated ths date hereof (the Note), their heirs, legal representatives or assigns shall pay to Mortgsgee the principsl sum of S 13-8~ 3- ~2 as evidencad by_the Note, with interest and upon the terms as provided ~eroin, the final maturity dste of the Note and of this Mortgage being March 7 , 1 g~_ , which Note provides that all installmer~ts of prinapal snd interest aro payable at the office of Mortq~gee, or at such otfier place as the holder I may daignate in writing, and that each maker and endorser agree to psy a!I carts of collection, induding a ressonable attomey's fee, I upon default in th~ payment of the Note, ~nd that if dehult b~ madt in ths p~yment of any installme~t thereunder and tt~at if wch dafsult is not made good in aocordanoe with the term: of the Note, that the ~r.tiro principst sum s~d aa:rued eamsd int~rest shsli bacome dus and piysbie without notics at the option of the hdder thafeof; ~nd shdl perform and comply with each end every stipu- lation, syreemsnt and covenarn of d~e tdote snd of this Mortppe. tf~en this Mort~eye snd the estate hereby ae~ted shall bs void, otherwiss the sams shall remain in futl foro~. Msker cownarm to psy the iM~rost u~d principsl prompdy wt?en due. Mortgpor cover~snb to psy tt~s taxes and au~merns on said propsRy: to keep the improwmsMS now axisting or heroafter ~rocted on tt~e property insurod sy~inst lots by fir~, hszuds induded within tM term "exLended coveraqs", and s~x~ other hszard: as Mortpsgse may requiro s~d in such amounts and for such periods ss Mortg~gee may require, with a company spproved by tfie Mortgeye~, with a standud martga~e loa clauss payable to iNortg~gee, ths policy to be held by tf~e Mortgagee, and to keep the buildin9 on s~id land in proper repeir. The loan repmsented by this Mortage and the Note is personat to the Murtgago~ and the Mortpgee made ~e loan to the Mortg~ger based upon the credit of ths Mort~agor uid the Mortg~gee's judqment of the ability of the Mortgagor to repay all sums , dus under this Mortgeye, and, therefore, this Mortsage may not be aswmed by any subsequerrt hdder of en interost in the MortQ~gnd Property, except ss provided herein, without the prior express written consent of the Mortysgse. If all or any part of ths Mortgsged Property, or any interast theroin, is sold or trarnferred (induding a trsnsfer by agreement for deed or Isnd co~tr~ct) by Mortgagor without AAartgegee's prior written conssnt, excluding (a) tfie cxeation of a lien or enambrancs wbordinate to this Mert$age. (b) the creation of a purchass money securi+ty interest for househdd applianca, (c1 a trerxfer by devise, descent or by operation of law upon the dsath of s joirK tenant, or (d) the grsnt of any le~sehdd iriterest of 3 yean or less not oontsining an option to purchsse, Martgsgee msy, at Nbrtgagee's option, dadare all sums securod by this Mortg~ge to be immediately due snd psyable. This Mortgege shall secure not only existing indebtedness, but slso wch futuro actvances, whether such advances are obligitory qr to be made at the option of Mortgagee, or otherwise, as are mede within twenty (20) yesrs from the date hereof, to the same extent as if such future advances were msde on the date of the xecution of this Mortgage, but wch sec:ured indebtednas shall not exceed at any time the maximum principal amount of S n~a plus interest, and any disbursements made for the payment ' of taxes, levies, or inwrance, on the Mortgaged P~, with interest on wch di~bursements. Any such future advances, whether ~ obligatory or to he msde at ti~e option of tfie Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or any other notes secured by this Mortgage. All covenants and ageements ca~tained in this Mortgsge shall be applicable to all further C advances made by Mortgagee to Maker under this future advance clause. a Should any of the above covenants be breken then the Note and all mo~eys secured hereby shatl, without demand, if tt~e ; Mortgsgee so elect, at ence become du$ and payaWe and this mortgage may be foredosad, and all cosu and expenses of collection ~ and reasonable attorneys' fees, induding c~sts, expenses and reasonable attomeys' fees on appesl, if coltected by legel proceedings ~ or through an atto~ney st law, shall be paid by the Maker, and the same are hereby secured. IN WITNESS WHEREOF, the Mortgagor has executed this Mortgege as of the date first above set forth. ~ Signed, sealed and defivered F , in our presance: ~ ~ ' ~ \•i"' ~ L i (SEAL) r (Mort ~ r ~ ~ ~~I~ - • ~ _ ' ~ ~ ~ ~ ~~~"~'~D ~ (SEAL) ~ o (Mo gor) ~-f / ~ i3- g?3. ~ ~ V Received $~1~52~._ i= ~ment Of T~xes a .ri STATE OF FLORIDA ) Due On C~c:=s ! ~_.~z,_: ~-orerty~ Pursuant To i;h,.;: .;,~;s U~ i97L ' a~ a COUNTY OF St.Lucie ) a,~:;tr, r:: ~ ' d ~v „ y~ ~ ; y `n I HEREBY CERTIFY, tt~at on this day, before ms;.snd_office~ ~d~u~y ~au~oF~~ il~t't~~`~~°~f~~aid ar~d iri ' w+ JO~Ln_ M. b~ Dixit~ T._ Tiffan z the County aforasaid to take acknowledgments, persorNl(ji app~ared y r `ya~.? ° i•" ~ _ :~a me,known to be the person described in and who ~ ~o, ~ executed the foregoing inmument and r~~; : ~dcnowledged before me that they ~ ~ - ~ y oa executed the same. • ~ ~ . -;.ti: 1 ~ : " ' , _ , . . ? y WITNESS my hand and official ~af_-i~.the: •,Lagt:~ re id this 8th day of ~ he ~ y.~ ~ Marcn - ; f1. , 19E~ ~ ~ . r ~p , ~ d~IOK ~J0 P~GE 9~6 ~ .A,~'~ ;~*;T-.~ ~ a• l~xPi~f~Rr PueLiC S1ATE Of f~Oai~A . ` , ' " 's'~' RY WIMI3i10~ [!FP ,lUII~ 1S,19C8 ~ 46fl14-000-7 (Rev. 4/84) mw j'~ Op~O TIMU GEMCRAI 1/S. 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