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Home My WebLink About0965 ~ • ~ ~ . ~ y~/-~ SMI~„~'' IIAONEY"~ EQUITY MORTt~,,~E 8,3~;Z~r6 ~ THIS MORTGAGE, Made this ~ 8 d~y o~ Julv , q.p, ~g87 ~~,~n Houatoz~ Rav ltenlev and Phv~~a_~~~X~ ~i~~ (Mangago~ and Amttrican Pionear c~r; ~~a ,j,~nk (Mortgagee?. AMERICAN PIONEER ~JWINGS BANK ' ` WITNESSETH, that Mortgagor, tor and in consideration at the premisers and in order to secure the payment of the principal and interest on the agresment(as h~~einafter detined), Mortgagor hsreby g~ants, assigns, t~ansie~s and mo~tgages to Mo?t- gagee, its successors ar~d assigns foreve~, the lollowing described real property in 3t. Luci~ ~ ,p Counry, ~Iarida, to wit 5 ~ . ~ ~ ' Lot 1, B2oclc 151, Port St. Luaie Unf t Eight , AccorQing to the plat thereof, recarded in /0 plat book 14, pagea 26, 26A through 26D of 7/ the Public Recorda of St. Lucie Caunty, l'larida Sub3ect to restrictiona, reaer~ationa limitationa Conditiona'and ~aementa of record. / y boC ~ . Raceivea $ r 3~ (n P:~ymenl ~f Taxes Du3 On Cl:.ss IR,,,nq,bl~ nsrsor.aS Properly. ~ . 'Pussvan? To Ch~F'Qi 71, 134, Atts O( 1971. . , $ DOUG! AS Di}CUN, (~f . c~~ ~ . ' 's7 ~ l~ f.. - • ~ Clerk Circuit Couti, St. lucie, Co., f~a. ~ A SeconQ Mortgage (hereinafter referred to as !he Matgaged P~operty~; and the Mortgagor does hereby iully warrant the ti~le to NAortgaged Pro- perty and will detend the same against the lawtul claims oi all persons whosoever. PROVIOED ALWAYS, thal it Noua~on Ray Henley and Phyllia Henley , the MatceKs) ot that ceriain. (insert Name~s)) . Smart Money C~edit Agreement, credit line number - 150a038458 dated - J u 1~$~ 1987 , their Heirs, legal representatives or assigns shati pay. to Mortgage~ the principa! sum of $ as evidenced by the Ag~eement, with interest and upon the terms as provided fherein, which Agreement provides thai all installmenis oi principat and interesi are payable at the office of Mortgagee, orat such olher placeas tf~e holder maydesignate in writing, and thateach makerand endorser agree to pay atl costs o! colleCtion, including a reasonabte attorneys fee, upon default in payment of the Agreement, and that if default be made in the payment ot any instatlment thereunder and that it such detault is not made good in accordance with the terms af the Agreemeni, that the entire payment sum and accrued, earned interest shall become due and payable without notice at the o~r tion of lhe holder thereof; and shall perfarm and comply with each and every stipu~ation, ayreement and covenani oi the Agreement and of this Mortgage, then this Mortgage and the estete herebycreated shall be void, otherwise the same shall ~e~ ma+n in tulltorce. Makercovenantstopaythe interestand principa! prompllywhendue. Morigago~covenantstopaythetaxes and assessments on ~aid property, to carryinsuranceagainst lire on the building on said land for not less than the full insurable vatue, approved by Mortgagee wilh standard mongaye toss clause payable to Mortgagee, the policy to be held by the Mort gagee and to keep the building on said fand in proper repair. The Mortgage shal! secure not only existing indebtedness, bul also such tuture advances, whe~her such advances are obli- ~ gatory or to be made at the aption of Mortgagee, or otherwise, as are made wilhin twenty(20) years from the date hereof, to the same e~ent as if such luture advances were made on the date oi the executi~p o~s rtgage, but such securer! indebted- ness shall not exceed at any time the maximum principal amount of $ 7+ • plus interest, and disburs~ ments made for the payment of taxes, tevies, or insurance, on the Mortgaged Property, with interesl on such disbursements. Any such tuture advances, whether obligatory or ta be made ai t~e option of the Mortgagee, or otherwise, maybe made either pr~or to or att~r the dafe of the Agreement, or any oiher Agreement secured by this Mortgage. All covenanis and agreements conlained in this Mortgage shall be applicable to all turther advances made by Mortgagee to Maker under thisluture advance clause. . ECt; _ Should anyo} the above covenants be broken then the Agreement and all moneys secured hereby shail; withti c~~ ~ha ,it r ~ ~ . . the Mortgagee, so elect, at once become due and payable and this mortgage may be torectosed, and t's ~ri~i ns~s oi collection and reasonable attorne s Iees, includin costs, ex ~Va y g penses and reasonable aitorneys f~p~n a~~~~, jiC ted by legal proceedings or through an attorney at taw, shaN be pa9d by the Maker, and the same ar~ iie~~~c~+r~ IN ~IViTNESS WHEREOF, the Mortgagor has executed this Mortgage as oi the date first above set'~oith , a" ~ . .~i m ' f';~~~;.';;;~-. . Sig d, sealed and delivered in our presence: ~ ~ w - ° . - s ~ (SEA!} W (Mortgago~ Houaton Ray n1e d ~ ~~-~'~-'~'+C. ~ ~ ~ Y ~ - ~ (SEAL) STATE OF ~'l~rida (Mongago phyllia Henleq ` ) ~ a.. ~ ~ . ~z oo COUNTY OF Martin ) . `.,.~i'f ,-.i w.' , S~ , , ~ O" : ; Y<. 1 t HEREBY CERTIFY, that on this day, before me, an otficer duly auihorized in !he State afor~ id~a~~•iAthe-- ~ Counry atoresaid to take acknowtedgemems, personally appeared Houaton Ray ~-n,~ ~ ~~x. . ~ - : ~ . z k~own to be the person described in and who executed the toregoing instrument and thR~al~ , N O acknowledged betore me that exe~ut~ed the•same. C WITNESS my F?and and o(ficial seal in ihe County and state last aforesaid this ~ t; r=- day ot Ju y , A.D., 19 ~ - owo~.,- ~E n~~ No1ary Pubtic aQQK~j5~, P,,v y My Commission Expires: St1te of Rarida Mr Comra;ssian Expuas Dec. 2. 1>8t3 Mr.+ tv. tpf r.M : I~ra.c.. I.o.