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Home My WebLink About0946 ~ C C~ Doc s~t ps 60. 30 ~a~'a~U ~/~L- Int tax 80.37 ~ ~ ' Direct property Related , . , , r~i~~'~'~,,~ With Future Advance ~ MORTGAGE ~0,'3~ THIS MOaTGAGE, made thi: 6th day of October ,A.D.,19.~3~ , between ~ e 4 r.g.~. ~P.P.h~X .and rt A p ~ A~ Q Q ~,,,T, t c i f n~„ (Mortgago~) and (Reme o 8ank) (Mortgagse); WITNESSEl'H~ that Mortgagor, fo~ and in conside~ation of the premiseg and in order to secure the payme~t of the principal and interest on ihe note (as hereinafter defined), Mort~agor hareby grants, essigns, transfers and mortqages to Mortgegee, its succassors and assigns forever, the following described real property in ~ r i.i~ r i w County~ Florida, to wit: , Lot 1 and Che East 10 feet of Lot 2, Block I, Maravilla Estates, as per plat thereof recorded in Plat Book 8, page 77 of the public records of St Lucie County, Florida; LESS rights of way for public roads, and sub3ect t;o easements of record, if any. ~ (herein~her refer~ed to as the Mortgaged Property); and the Mongagor does hereby fully warrant the titte to the Mortgagad Propertv and will defend tfia same against tfie Iswfui daims of ali persona whortnsoevar. PROVIDED ALWAYS, that if ~A.~P,e S~ a.~ ~,~~yL,. Tr an.i MaP Sal a~},~ hi ~~,i fc~_ , the Meker(s) (Insert Nameis)) of that cenain promiuory note dated the data hereof (the Note), th P~t Y heira, legai rapresantative: or assigns shall pay to Mortgagee the principal sum of S_l+`0 ,~$t~ .AS.s as evidenoed by the Note, with interest and upon tha terms as provided therein, the final maturity date of iha Note and of this Mortgage being 0~ *^~Qr , J'~'~ ~ which Nate provides that all installmenit of prir~apal and interast are payable at the office of Mortgagee. or at such other place as the ho{der may deaignate in writing, snd that each maker and endorser agree to pay alt cost~s of coltection, including a reasanable attorney's fee, upon dafault in the payment of the Nate, and that if default be mads in the ¢aymer~t of any installment thereunder and that if sucfi dafeuft i: not mada good in accordance with tha terms of the Nate, that the entire principal sum and acc~ued earned interest sh~ll ~ F~a~onie due and peyabla withaut notica at tha aption of ths hader tiiere~f; ~nd shall perform and comply with each and every stipu- ~ Istion, agreement and cove~ant of the Note and of tfiis Martqage, tf~an this Mortgage and the estate hereby txeated shall be void, othervvise the s~me shail remain in fuil force. Maker covenanb to pay ~e interest and principal ~romptly wh~n due. MortgaQn~r ~ nr covenanb to pay the taxes and ausumenu on said property; to keep ihe imRroverneMS now axisdng or hereafter erected on d~e property insured against lo~s by fira, hazarda in~luded.within the tsrm "exte+nded cov~ra9e", and such other hazards as Mortg~~ee may ~ require and in such amounts and for such period~ as Mort$agee may require, with a compa~y approved by tt~e Mortgagee, witt~ a ~ standard mortgags lo3s ctause payable to Mortgages, iha poiiay to be hel~ by the Mortgagee, and to keep thc building on said land in proper repair. , The loan represented by thia Mortage and the Note is personal to the Mortgag~r and tt~e Mortgagee made the ioan ta the ` Mortgagor based upon the credit of tfie Mtortgagor and the Mortg~gee's judgment of the ability of the Mortgagor to repay al! sums due under this Martgege, and, thersfore, this Morigaga may not be aswmed by any sut~sequent hoider of an interest in the Mortgaged : Propert/, except as provided herein, witt~out the prior exprass written cons+ent of the Mortgegea. If sll or any part of t~e Mor4gaged Property, or any interest therein, is sold or transferred (indudi~g a transfer by agreement for desd or land contract) by Mortgagor : without Mortgegee's prior written cansent, excluding (a) the ixeation of a lien or sncumbranc~ wbordinate to tfiis Mortgage, (b) F the creation of a purchase mor~ey sacurity interest for household applienoe, {cl a transfer by devise, descer~t or by operation of law upsin tHe deat#~ of a joint tenant, or (d) the ~ant of any leaseho{d interest of 3 y~ars or lesa not conteining an option to purchase, Mortgagee may, at M{ortgagee's option, deciare all sums secured by tfiis Mortgage to be immediately due and payabla. ~ This Mortgage shal( sacure not onty existing indebtedness, but etso such future advances, dn+hethar such advances are obligatory ` or ta be made ai the option of Mortgagae, or otherwisa, as are med~ wiihin twenty (20) yean from the date hereof, to the seme extent ~ as if such future advances were mada on the date of the execution of this Mongage, but such securad indebtedness shal! not exceed ~ at any time the maximum principal amount of plus interest, and any disbursemenis made for the payment ~ of taxes, levies, or inwrsnce, on tfie Mortgaged Praperiy, with interest on such di3bursements. Any such future acidanc~s, whether ~ ablig~tory or to ba matie at ti~e option of the Mortgagee, or otherwisa, may be made eitfier prior to or after the due date of the IVote ~ or any other notes secured by this Mortgage. All covensnts and a+greements contained in this Mortgage shalf bs applicable to all further r advances made by Mortgagee to Maker under this future advanae clause. Should any of the above covenenu be broken then the Note and all moneys secured hereby shall, 4vitfiout demand, if the ~ Mortgagee so elect, at once became due and payable and this mortgs~e m~y lie foredosed, and all costs and expensss of collection € and reasonable ettorneys' fees, induding costs, expenses and reasonable attorneys' fees on appeal, if collecte~d by legal proceedings f or through an attorney at law, shall be paid by ti~e Maker, and the same are hereby secured. ~ IN WITNESS WHEREOF, the Martgagor as execut~d this Mortgags as of ihe data first above sat forth. ~ Sign@d, sealed and delivered ~ € in our presencs: ~ ~ ~ ' J~-~ ~ ~ . (SEAL) ~ ~ (Mo r) ~ ' C~~ ~ ~ ~ cs~a~) ~ ~ (Mortgagor) ~ W STATE OF FLOfiIDA ) ~ d COUNTYOF St Lucie ) I H~REBY CERTIFY, that on this day, bsfore ma, and o.fficer duly as~tfiorized in the State aforesaid and in ~ - s z the County atoresaid to take ack led~nenu, personally appeared W Mae Saleeby his w~~ ~ ~ to me known to:~::, ~'~t~e ° fo~, described in and who _ . . ~ executed the foregoing instrument and rb„k,~ acknowl~tiged_befo[~-;rine t(iSt: they ~ ~ executed the same. : 3 WtTNESS my hand and official seal in the Caunty and Stata I~ ~~r kf;thi ~j day ot ~ = Octaber A.~D 19 . .f'~ . 86 . ~ r ' ~ . ' ~ ~ ; Notary Public ` , ~y . ~ My ldommission Expires: ' ~ ~ f ~v'~ : - ' ~ ~ ' rlda at Ca~$~. ` 46014-OOa-7 (Rev. 4/$4) mw ~~0 5 I~ Pdf~O 2 H~t~?+%p~,~~,~Stat~-o~ . : ' My Commisstdrt E.~p~~ Nov. 6, 1989. i t, . ; ,+.:~arr F'ublic UnderwritetE. ~