HomeMy WebLinkAbout0965 Doc Stamps 7.80 ~%UV`~`~Q c' ~
Int Tax 10.24
Rec Fee 9. 00 81343~ Direct Property Re;ated
• With Future Advance ~
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MORTGAGE
THIS MORTGq GE m e ihis. 4th day of April , A,D., 19 ,
between Mark ~(:ris a i and Deborah M(`ri Gt-a fe (Mortgagor) and
Sun Bank/m Pa~urP rr,a~t- N~tir.lnal ~lzcocaa~~en (Mortgaqee);
(Name of Bank)
WITNESSETH, that Mortgagor, fo~ and in consideration of the premises and in order to secure the payme~t of the principat
and interest on the note (as hereinaher definedl, Mortqagor her~t 9LuC ie igns, transfers and mortqages to Mortgagee, its successors
and assigns forevet, the following described real property in
County, Florida, to.wit:
Lot 3, Block 1697, Port St Lucie Section Thirty One
accordin~ to the Plat therenf as recorded a.n Pl t ~~~%'-'~S~
Book 14, pages 22, 22A through 22G, of the Publ~eceived S_1C~ .J`~ A In Paymenl Of Taxe7
Record Record of St Lucie County, Florida ~e On Cl~ss C" Inlangible Personal P~operfy,
_ Pursuant Te Chap?cr 71, 134, Aets Of 1971.
DOUG~AS DIXON, ,
Clerk Circu'rt Court, SL Lucie, Co., F~a:
(hereinaher referred to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the title to the Mortgeged Propertv
and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that if Mark M Cristaldi anr~ 11Phnrah rr; ctal~; ~ his , the Makeris)
(Insert Name(s)1 wife
of that certain promissory note dated the date hereof (the Note1, thelr heirs, legal representatives ar auigns shall pay to
: Mortgagee the principal sum of $ 5120 . 54 as evidenced by the Note, with interest and upon the terms as provided therein,
the final maturity date of the NoLe and of this Mortgage being M~rch 3 , 19 ~gg_.. , which
Note provides that all installments of principal and interest are payabte at the office of Mortgagee, or at such other place as the holder
may designate in writing, and that each maker and endorser agree to psy all costs of collection, including a reasonable attorney's fee,
upon default in the payment of the Note, and that if default be made in the payment of any installment thereunder and that if such
default is not rnede good in aocordance with the tertns of the Note, that the entire principal sum and accrued earned interest shall
become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipu-
lation, agreement and covenant of the Note and of this Mortgage, then tt~is Mortgage and the estate hereby created shall be void,
otherwise the same shall remain in full force. Maker covenants to pay the interost and principal promptty when due. Mortgagor
covenants to pay the taxes and assessments on said properry; to keep the improvements now existing or hereafter erected on the
property irnured against loss by fire, hazards included within the term "extended coverage", and wch other hazards as Mortgagee may
require and in such amounts and for such periods as Mortgegee may require, with a company approved by the Mortgagee, with a
standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee, and to keep the building on said land in
proper repair.
The loan represented by this Mortage and the Note is personal to the Mortgagor and the Mortgagee made the loan to the
Mortgagor besed upon the credit of the Mortgagor and the Mortgagee's judgment of the abitity of the Mortgagor to repay all sums I
due under this Mortgage, and, therefore, this Mortgage may not be assumed by any subsequent hdder of an interest in the Mortgaged
PropE:rty, except as provided herein, without the prior express written consent of the Mortgegee. If all or any psrt of the Mortgaged
Property, or a~y interest therein, is sold or tronsferred (including a transfer by agreement for deed or land contract) by Mortgagor
witfiout Mortgagee's prior written consent, excluding (a) the creation of a lien or encumbrance wbordinate to this Mortgage, (b)
the creation of a purchase money security interest for household appliance, (c) a transfer by devise, descent or by operation of law
, upon the death of a joint tenant, or (d) the grant of any leasehold interest of 3 years or less not containing an option to purchase,
Mortgagee may, at Mortgagee's option, declare all sums secured by this Mortgage to be immediately due and payable.
This Mortgage shall secure not only exisiing indebtedness, but also such future adva~ces. whether such advances are obligatory
or to be made at the option of Mortgagee, or otherwise, as are made within twenty (20) years from the date hereof, to tfie same extent
as if such future advances were made on the date of the execution of this Mortgage, but such secured indebtedneu shall not exceed
at any time the maximum principal amount of $ NJ A plus interest, and any disbursements made for the payment
of taxes, levies, or insurance, on tfie Mortgaged Property, with interest on such disbursements. Any such future advances, whether
obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or aher the due date of the Note
or any other notes secured by this Mortgage. All covenanu and agreements contained in this Mortgage shall be applicable to all further
advances made by Mortgagee to Maker under this future advance clause.
Should any of the above covenanu be broken then the Note and all moneys secured hereby shall, witfiout demand, if the
Mortgagee so elect, at once become due and payable and this mortgage may be forecfose~, and all costs and expenses of collection
and reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings
or through an attorney at law, shall be paid by the Maker, and ths same are hereby secureri.
IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth.
~ Signed, sealed and delivered
in our presence:
.
~
~ fSEAL)
- (Mortga
~ ~ . ~ Mark M Cristaldi
> 2 ' 1 ~ (SEAL?
m
o ~ (Mor ga r)
Q Deborah Cristaldi
a p STATE OF FLORIDA 1
w V
d courvr~r oF st Lucie ~
a ~ "
3,~ N I HEREBY CERTIFY, that on this day, 6eforo'l~~e, and officer duly authorized in the State aforesaid and in
W~c3 v the County aforesaid to take acknowledgmenu, personally appeared .11~ rk M C',r i st-a 1 c3 i ar?c3
~ TlPhnrah ne Cr; ci-a 1 A; to. me known to be the person described in and who
¢ N \ executed the foregoing instrument and ~~y~•~.~ acknowledged before me that t.ho~.s--._
executed the same.
Z~+ ~ WITNESS my hand and official seal in the~Count~an last aforesaid this 4 th day of
y v March , A.D., 19 $
~ Q a1
~ Notary Public
~ ts~~sr r~: ~
cn Ql~o • My Commiuion Expi s:
~4 5 3 5 i'AOL ":5: I~ 'i r~:~iltlA
46014-000•7 (Rev. 4/841 mw Boao:o.r;: ~~c::...' i•:. ,,~,q4
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