HomeMy WebLinkAbout1969 c'r C'_ ~ I.~
- 1U21183 ~X
Direct Prope~ty Related
wth Future Advance
MORTGAGE
THIS MORTGAGE made this 5th ~y of .T t~arv , q,p„ ~g qn
between ~ ' ' (Mortgago~) and
un an reasure oast National Assnciati~n (MortQageel;
(Nams of Bsnk)
WITNESSETH, thst Mortge~, for snd in considerstion of the premises and in order to secure the payment of the principal
and interost on the note (~s hefeinaher defined), Mortqsgo~ herebygrsnri, assig~s, transfer: snd mortqages to Mortgpee, its succeuon
and auiqns foreve~, the following described real property in St • LUcie
County, Florids. to wit:
Lots 1~ 2, Block 28, PARADISE PARK, according to the plat thereof Z)
as recorded in Plat Book 8, Page 17 of the Public R~CO~d~ $of
S_~
~~UGI.A9 DIXON
Lucie County, Florida. Add Fee s Sk ~.ude Cc?nnty
THIS IS A FIRST MORTGAGE. Dx Tax S_~„~~ ~ Clerk otCircuit Conrt
int Tax = .3 y y z gy C't~
71' ~ 7r~~~ty Clerk
'Puwl a ~
(hereinafter referred to as the Mottgaged Propertyl: and the Mortge~ does hereby fully warrant the title to the Mortgaged PropertY
and will defend the same ag~+nst the lawful dsim~erry R. Mil~er~ an~ Evelvn V. Miller
PROVID'ED ALWAYS, that if , the Makerls)
(Insert Nsma(s1)
of that certa9n promissory note dated the date hereof (the Note), their heirs, le~l representatives or sssigns shall aay to
Mortq~gee the principsl sum of S 17 . 410 . 08 a~ evidencad by the Note, with interest snd upon the terms as p~ovided theroin,
the finsl matu~ity dits of the NOie arld Of Lhii MOIt~s9e beir~g ia*~+~ar~ ~ , 19 , which
Note provides that sll instsilrt~entt of prinapsl sr~d interest are payable at tfie office of AAort~ayee, or st such othsr place as the holder
+naY cksiynate in writi~p, s~d thst esch maker s~d endo~ser agree to pay all cosb of cdlection, induding a ~easonsble attomey's fee,
upo~ defwlt in tt~e payment of the Note, and that if default be made in the paymant of sny installment thereunder snd thst if such
default is not made good in aa~rdance with the terms of the Nots, that the entiro principal wm and sccrued esrned interest shsll
bacome due snd payade witt~out notice at the option of the hddsr thereof; and shsli perform and comply with each and every stipu-
letion, spreement and oovenant of the Note and of this Matgpe, then this Mortgage and the estate hereby ~xeated st~all be void,
otharwise the same shNl remain in full fo~oe. Maker covenanb w pay tfie interest and principsl promptly when due. Mort~agor
cover~ntt to psy the taxes snd assessments on said property; to keep the improvements now existing or haresf~er erected on the
property insurod ay~inst loss by ~ro. hszKds induded witfiin the term "extended coversge••, snd such other hazsrds as ilAort~pee may
requiro snd in wch smounts and for wch periods as Mort~sgee may require, with a company appraved by tfie Mortgegee, with a
standa~d mortgpe la~s dause psysble to Mortgsgse, the pdicy to be held by the Mortgagee, and to keap the building on ssid land in
{xoper rowir.
The Iwn representsd by this Mortage snd the Note is penonsl to the Mortgapor snd the Mortg~gee made the loan to tt~e
Mortg~gor bsssd upon the credit of the Mortgsgor and the Mortg~yee's judgment of the ability of tfie Mortgagor to repsy all wms
due under this Mortge9s, and, therofore, this Mort~e msy not be aswmed by any wbsequent hddar of an interest in the Mortg~ged
Property, except as prarided hemin, without tha prior expmss vrritten consent of the Mort~egse. If all or any part of the Mortp~ped
Property, or sny interest therein, is wld or transferred i~~dudiny a transfer by sgroement for deed or land conVact) by Nfortg~gor
without Mortg~gee's prior written oonsent, excludin~ (a) the ~xeation of a lien or encumbrance wburdinate to this Mortgsge, (b)
tfie creation of a purchsse money security irKerest for househdd appliance, (c) a transfer by devise, descent or by operotion of law
upon the desth of a jant tensrtt, or (d) the gnnt of any lessehdd interest of 3 yesn or less not containing an option to purohase,
Mortg~~se may, at Mortyagee's option, dedare all wms secured by this Mortg~ge to be imrnediately due snd paysble.
This MortQsge shall secure not only existing indabtedneu, but also wch future advances, whether such advanoes are obligatory
or to be made at tha option of Mortgegee, or otherwise, ss sre msde within tvrrenty (20) yean from the date hereof, to the same extent
as if such futuro advances were msde on tfie dste of the e~cecution of thn Mortgege. but such secured indebtedness shall not exceed
at any time the maximum principal amo~t of s n~a plus interest, and any disbursements made for the payment
of tsxes, levies, or insurance, on. the Mortgsped Property, witfi interest on wch diabursements. My such future advsnas. whether
oblig~tory or to be msde at the option of ttea Mortgagee, or otherwise, mry be made either prar to or after the due date of the Note
or any other notes se~xirsd by this Mortps~e. All covenants and agreements contained in this Mortgage shall be applicable to atl further
advances msde by Mortps~ee to hAaker under this future advsnce clause.
Should sny of tfie above c~venants be broken then the Note and all moneys secured hereby shsll, without demsnd, if tfie
Mortgagee so elect, at once became due and paysble a~d this mortgsge may be foredosed, and sll cosu and expenses of collection
and reasonable momeys' fees, induding com, expenses and reasonable attorneys' fees on appeal, if oollected by legel proceedings
or throu~ sn attorney at Isw, shsll be paid by tfie Maker, and the same are hereby secured.
IN WITNESS WHEREOF, the Mortgegor has executed tfiis Mortgage ss of the date first above set fortfi.
Signed, sesled and deiivered
in our presenoe•
~ ~
(SEAL)
G (Mortga r) Terry R. Miller
r°r '
y ~ C , ' ~ ~ ~ ' ~
(SEAL)
e u ' Mortgagori elyn V. Miller
~ o
a ~n
a . ~ STATE OF FLORIDA )
W
a
~ COUNTY OF St. Lucie 1
~
3 i HEREBY CERTIFY, that o~ this day, before me, and officer_duly authorized in the State aforesaid and in
a the County aforesaid to take acknowledgments, personally spp~ared„ Terrv R, Mi 1 1 Pr an~
W Evelyn V. Miller person described in and who
~ io'~me ~Cnown_. to fb~ the
~ executed the foregoing instrument and .__r,,~~_ackr?oyvT~a~ed befor~,me that rhPy
~ ' executed the same. ~ - ~ , . j•~ . , .
~ H WITNESS my hand and official seal i~ tha Coiin.,,~,,~ tat~ afb~es id this Sth day of
Januarv 'a ~ ~ / /
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