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HomeMy WebLinkAbout0975 doc stamps 13. 35 ' y~ Int tax 17.78 ( D~rect Property Related ' ?y ~?y?y,) Nlith F uture Advance ! J I I Fr ~ MORTGAGE ~ ~ 22nd May g~ f THIS MORTGAGE, msda this daY of , AD., 19 , ~etwesn ~rk D Sta ev an Connie S Stalev. hiG wife__ (Mortg~yor) and St~n Ranlr nf St T.~irta f_n~in~,~ ' ({HOfL~g88~: (Nam~ of Bank) WITNESSETH, that Mortpgor, for and in consideratio~ of ths ixemises and in order to secure the paVment of the principsf and interest on the nate (as hereinafter defined), Mortgagor heret~y gr nts, assigns, transfers and mortqsges to Mortgsgee. iu successors and assigns forever, the following described resl property in t~ucie County, Florida, to wiY The North 115 feet of the West 97.23 feet of the East 219.46 feet of Lot 222 of White City as per plat thereof on file in Plat Book 1, at Page 23 of the Public REcords of St Lucie County, Florida being further described as Lot 12 of Block 3 of Broome-Tio Subdivi ~,~~f an unrecorded plat of Lots 222 and 223 of said White City. R~c~ivea 5-_ ^,;m~~"o't ~''f~c s ~ THIS IS A SECOND MORTGAGE D~~ On ' ~n~::~~ ~ . ?~o: c~ty, Pu's....7; i o _ t, r 13i L .'1.~~Lii i'~/~Zri~t:i',~ ihereinafter referred to at the 141oRga9cd Property): and the Mortge~ does heroby fsl~~/~v~Y~~ ~~`~it~'tb``E~ia rt~~ed Proper'N and wili dafand tt~e same ageinst the lawful daims of all p~rsons whamsoever. PROVIDED ALWAYS, that if ~rk n and .onn e S Stal ey , the Maker(s) their~ N~~"°Is)) of that certein promissory note dated the date hereof (tha Note1, heirs, legal represe~tatives or ass+gns shall psy to Nlortgagee the principal sum of S 8889 • ~~t as evidenoe~~ tt~~f~ote, w6th inoerest and upon the terms as pr$~ided therein, the final maturity date of the Note and of this Mortgage being a , 19 , which Note provides that all instaUments of prinapsl and interast aro payable at the offioe of Mortg~gae, or at such other place at ihe holder may c~signate in writing. and that ascfi maker and endorser agme to pay sli costs of catlection, induding a reasonable ettornay's fea, upon default in ths payment of the Plote, and tfiat if default ba mads in ths payment of ~ny inststlment thereunder and that if wch defsutt is nnt made good in aocord~nce with the tanns of the Note, that the entiro principN wm and aa:rusd eamed intsrest shall b~.~orns due snd payable without notics at the option of ths halde~ the~eof; snd shall perfam and comply with eacfi and every stipu. lation, aq~eemeM snd c~venartt of the Note and of this Mvrtqspe, tt~an tfiis Mortg~qe and tfie esta~e hereby creat~ed shaN be void, atherwise the ssms shall romain in full force. Nlak~r covsnamx to pay the int~rest and principsl prompdy when due. FAortgssor covanan~s to pay the taxes and assatsmtrm on ssid properry; to kesp th~ improvsmerrts now existing or hsroafte~ erocted on tt~e Rroperty ic?surod against lou by fire, hazsrds induded within the term "extended coveraqe", and wch other hazuds as Mortga4ee may requiro and in such amounts and for sud~ periods at Mortg~gea may rsquira, with a company approved by th~ Martgsgee, wiih a stands~d mortgage las clause payable to Mortgagee, the poiicy to be held by the Mortgagee, and to keep the building on said land in proper repair. The loan roprosented by this Mortsge and the Note is personal to the 11i{ortgagor and the Mortgegee made the loan to the Nlortgdgor bssed upor? the credit of the MortQagor and the Mortgtgee's judgment of the ability of ihe MortgaQor te repay a!I sums due undar this Mortgege, and, therefore, this Martgsge may not be assumad by anY subsequent hdder of sn interost in the Mortqaged Property. exoep; as provided herein, without the prior express writte~ twnsent of the Mortyeges. If ~I or any part of the Mortgeged Propert~e, or sny interost therein, is sotd or Vansferred (induding a tra~sfer by agreement f~ deed or land co~trscti bY Mwtgego~ v~ithout Mortgegee's prior written consent, excluding (a1 the creation of a lien or enarmbranoe wbordinata to this Mortgsge, (b) t'~e rxertion of a purcha~ money security interest for househdd applisncs, (c) a transfer by devise, d~t or by operation of law upon the death of s joi~t tensnt, or {d) the ~ant of any leasehdd in~oerest of 3 years or less not cantaini~~g an optio~ to purchase, Mortgagee msy, at MonQayee's optio~, dedare all sums set:ured by this Mortgsge to be immediataly due and payable. This Mortgsge shsll secure not only existing indebtednas, but also wch futuro advanoes, wt~ether such advances are oWigatory or to be made at the option of Mcxtgsgee, or otherwise, as are made within twenty (20) years from the date hereof, to tfie same extent as if such tuture advar~cas were mada on the date qf the execution of tfiis Mortgage, but such secured indebtednas shall not excesd at any time the maximum principal amount of $~a plus interest, a~d any disbursemenu made fc+r the payment of taxes, levies, or inwrance, on the Mortgaged Property, witfi interest on wch disbursements. Any such fuiure advances, whether obiigatory or to be made at the option of the Mortgagee, or othen~vise, may be made either prior to or after the due date of the Note or any other notes secured by this Mortgage. All covenanu and agreements contained in this Mortgags shall be applicable to all further advances made by Mortgagee to Maker undet this future advance clause. Should any of the above covenants be broken then the i~fote and ali moneys secured ~ereby s}~all, without demand, if the Mortgagee so elect, at once become due ~nd payable arod this morigage may be foredased, and aU costs an~ expenses of collection and reasonabls attorneys' fees, induding cosu, expenses and reasonable attorneys' fees on appeai, if collected by legal proceedings or through an attorney at Iaw, shall be paid by tfie Maker, and the same are hereby secured. 1N WITNESS WHEREOF, Ehe Mortgagor has executed tfiis Mortgage as of the date first above set forth. Signed, sealed and deiivered in our presenae: ~ /f~~ ~ : (SEAL) (Mortgagor) m `'.,/%c_.~-~~~-? (SEAL) Q (Mortgagorl ~ d STATE OF FLORIDA ) ~ ~ 1 ~ CDUNTY OF St Lucie ~ I HE~iEBY CERTIFY, that on this day, before me, and officer~farYc~rt'E~n~-tio ~~~~~:;z~8le~id and in a ~ the County aforesaid to t~ke aclcrtowladgments, penonally appeared n husband and wite ~ to ma knoonrn to be the pe~so~ n~-~n aRd who ~ executed the for in inmument and ~hey acknowl~d j~ y ~ ego 9 ged before mg~. ~ executed the same. - ~ v~ - ~ WITNES~Sy y hanrf arxi official seal in the Cc~tY and State last aforesaid tti~~ 2 _„~.,.~.;~,r day of , A.D., 19 ~ - ' ' _ ~ OL-C.c...,~ ' F {j Notary ~ ~ 30~~(502 QAGE c7~a) MY Cammission Expirea: ~ 7 ~Q~7 / ~ 46014000-7 tRev. 4l84i mw ~ ~ - _ ~ _ ~ - -