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Home My WebLink About0956 q°`' ~ a/• ~ 6 ~ ? 6~ T"~- Oirect Property Relatetl ~ YVith Future Advance ~ . MORTGAGE '~+~~~F~ 1`HISM(~R~G~~~.~¢s tfiit~.~~.. y~ot . A.D..1fl . _~~n . a n ematt one 'ha'~'T' in eres an a marr n~~~~ 8~ man - al erest T (f~brt~agee); ~ (Neme of @ank) Association) ~ WITNESSETH, that Mortgagar, for a~d in constderation of the promises and in ord~r to securo the peymant of the principal ; and tntarost on tha nota (as hereinatter dsfined), Manpagor hereb~ granb, auigns, tronsfen and m4rtqages to Mortgagae, its succeuors and x~signs foraver, the following describad real property in t. L.LCie County, Florida, to wit: LOTS 19 and 20, Block E, ALAi~iANDA VISTA, and tlie East 5 feet of alley ad3oining on the West, according to the Plat thereof, as recorded in Plat Book S, Page 49, of the Public Records of St. Lucie County, Floriaa. r-a ' Y/ . ~ . ~I~ 15 I~ tl.ii~i 'r`tv~'iiviat'ii. ' (hereinaher referred to as the Mortgagad PrapertY); and the Mortg~gor cioes hereby fully warrant the tide to the Mortgaged Property and rnrill defend the same against the lawful ~m~am~l~ an~ Jo~ nn~~~Gamble PROVIDED ALWAYS, that if , the Maker(a) (Insert Name(s1) ~ - s of that certain promissory note dated the date her+aof ithe Nate), *hp{ r heirs, legal repressntatives or asstgns shali pay to ~ Morigagea tha principa! sum of S~4 _ 3Ls 1. 12 ~ evidencs~ tt~ at~ ~ mter~sL and upon the tertns as pr idsd therein, ` the final mett~rity date of the Note and of this Mortgage being ~ove~e~ , 19 . wfiich ? Nate provides that all installmenta of prinapal and interest are payable at the office of Mortgagee, or at such other place as the holder = may designate in writing, and that each maker and endorsa~ agree to pay alt c6ats of collection, including a reasonable attorney's fee, = upon default in the payment of the Note, and ihat if default be made in tfie payment of any installment thereunde~ and that if such ~ default is noi made guod in accordance with tiie te~ms of tha Note, that the entire principal sum and accrued earned interest shall become due and payable without notice at the option of the holder thereof; ahd sf~all perform an~d compty ~ith each and every stipu- lation, aflreement and covenant of the Note ancf of tfiis Mortqage, then this AAortgage and the estate hereby cseated shall be void, otherwisa tfie same shall ramain in fu!! force. hlaker cavsnants to pay the interest a~d principal promptfy when due. Mortgagor ; covenan~ to ~ay the taxea and atsessments on sa~d prope+-ty; to keep tt~e improvements now existing or hereaft~r erected on tfie i property iruu~ed agsinst lou by fire. hazards indurled witi~in the term "exterxied coveraga", and such other hezards as Mortgagee may ~ require and in suct~ amou~ts and far such ps~ icY: :s ~!~gee may require, with a company appraved by the Moirtgagee, with a ~ stsndard mortgage Ioas clause payable to Mortgagee, the policy to be hetd by the Mortgagee, artd to keep the building on said land in ~ proper repair. The loan represanted by this Mortage and the Mate is personal to the Vlortgagor and the Mor2gagffe made tt~e loan to the ~ Mortgagor bssed upon tha credit of the Mortgagar artd the Mortgaqae's judgment of the ability of the Mortgagor to repay all sums ~4s, and, ti~erefore, this Mortgsge may not be assumed by any subsequent holder of an interest in the Mortgaged ~ dua under this tNart Pro~serty, except as provided he~ein. witfiout the prior express writt~n consent of the Mortgagee. (f aii or any pare of the Mortgaqed _ ProRerty, ar any interest therein, is sold or transferreii (including a transfer by ageement for deed or land contract) by RAortgagor without Mort~gee's prior written cansent, excluding (a? rhp r~P~r;n~ of a lien or eneumbrance subordinate to d~is Mortgag~, (b) ~ the crestion of a purchase money se+curity interest for hausehold appliance, (c) a t~ansfer by devise, descent or by aReration of law upon the death of a joint tenant, ar (d1 the grant of any teasehold interest of 3 years ar leu not containing.an option to purchase, ~ Mortgagee may, at Mortgages's option, declare all sums secured by this Mortgage to bs immediately due and payable. , This Mortgage shall secure not only exi3ting indebiedness, but also such future advances, whett~er such advances are ~bligatory ~ or io be mada st the option of Mortgag~e, or otherwise, as are made within twenty (20) years from the date hereof, to the same extent ~ as if such future acfvances were matle on the date of the executian of tfiis Mortgage, buc such secured indebtedn~sss shall not exceed at any time the maximum principal amount of S plu: interest, and any disbursements made for the payment ~ af taxes, iavi~s, o~ inwranoe. on the Mortgaged Properry. with interest on such disbursements. Any such future advancex, whether ! obligatory or to bs made at the option of ths Mortgagae, or otherwiss, may be made either prior to or after tfie due date of the Note ; or any other notes secured by thig Mortgage. All covenants and agresmec~ts contained in this Mortgage shalt be applicable to a!I furiher ' advancas made by Mortgagee to Maker under this future advance clause. ~ Should any ot the abave covenarns b~ broken then the Note and all moneys sacxued hereby shall, vvitfiout demand, if the ~ Morcgagee so elect, at once beaome due and payable and this mortgage may be foreclo~d, and all costs and expensas of collection ~ arsd reasonable attomeys' fees, induding c~st~, expenses and ressonable attorneys' fees on appeat, if caltected by legal p~ocee~dings or through an attorney at law, shal( be paid by the Maker, and the same are hereby secured. IN WITMESS WHEREOF, the Mortgagor has executed *his Mortgaga as of the date first abave set forch. Signad, sealetl and d ivered „ ~ in our resenca: ' ~ ~ j r~~ i1.~:~~ ~ ` (SEAL) ~ ~ (Mortgagor) ~ , ~ 3y/,1~ ~ I (s~~AL) ~ ~ ~Mo~ ~ G 9a9~~~ t~~F~ f-~- i`, ; ~i ~+lhT i:F i.;~, . ~ d :.ilt UN ClASS 'C' IniAtIGIEtE F~~:Ut~AI P[tJPER[ll, STAT~ OF FLORIDA ) p~uSU?xjli i0 CHAPiER 7l-13S, AciS OF i ri ~ ~ _ [tOGfR POtiRAS ~rd ~ ~ o r~rv F . u~ 4#~. t~. ~ ~ o C U 0 St. Lucie ; 1. Y ' L~t L -v f. ~ '=i ~ ,i . ~ : ~f~~ • ~ - F~~~ I WEREBY CERTIFY, that on t4~i~~day,~p~fafe~„~+ari~sofficer duly authorixed in tha State afor+esaid and in _ z~ u~ v the County aforesaid to ~take acicnowlQdgme9ts, pe~alij~: ~asred T- ~ar~h? iand Tr~hnni P Gamb? e to~• nown to. t~ the ~ cs+d a r°n f' -•'E~ ~.~~5 parson. describsd in and whv ~ x v~ . • - ~ ~~f thev~ ~ executed th~ foregoing instrume~t and C.;acicnawletlged betore me that H • executEd the same. ?`f~' ,~~s~' y WITNESS rny hand and official~3esl:ih~ '•end ta for is da of ~ ~ November ` ' Y ' ~ ~ ° , a.4.,~~<. ~ - cNS a ~ - tary Publlc . W z +~'ft C` ; ~1~~Jy f~ ~ 1 'My Commission E~~s~~BliC STATE 6f fLORIO~ L.~u 1 ~ r MY CONxl55ION EXP JUkf IS,1488 0 4-6014~0~0-7 (ReY. 4/64~ mw BObDfD iHRU GEMERAL IMS. tllip. ~