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Home My WebLink About1443 /(y . /C~~'_ ~-~~i~~~~~ ~ `.{~,c F,ee G~. ~ ~ - - ~ ' nn~,n. . ~~~~3 r .3c~ i;i.~ G, _ ~ ~ ~S"'~~..cJL ~.UC'2P1'~~~~;,•, ~ J` T~ f~.~ ~ Clerk of C~rcwt Direct Property Related l~~t Tsr = .~1:~~ S ~!3 ~ . ~Vith ~utu~e Advar~ca Y 1 ~S~i.~ v~ Deputy ~TGAGE TNIS MORTGAGE, m~e th s 18th day of January , q.p_, ~g 90 ~tW~ Bob~ ~ oe o ~ an Bett Lou J 11 w (Mortgagor) and un an Treasure C08St National Associat{on. it~s successors and/nr (Mortgagee); (Namaof Bank) assigns WITNESSETH, that Mortgagor, for and in considerotion of the premises and in order to secure the payme~t of the principal and interost on the note (as hereinaher defined), Mortclagor hereby grsnt~, suig~s, transfers and mortQages to Mortgagee, its successors and assi~ns forever, the following described reaf property in St. _lucie County, Flarida, to wit: The North 1/2 of Lot 3 and all of Lot 2, Block 2, of Clydesdale Heights Subdivi~ion, according to the plat thereof , as recorded in Plat Book 9, at Page 59, oi the Public Records of St. Lucie County, Florida. THIS 1S A SECOND ~;ORTGAGE. (hereinaher refeRed to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the title to the Mortgsged PropertY and will defend tha same agairm the lawful da~m~gy Il~ersoJolly asndeBetty Lou Jolly PROVIDrED ALWAYS, that if , the Makerls) (Insert Namels)) of that certain promissory note dated the date hereof ~the Note), their heirs, legal representatives or assigns shall pay to h'lort~egee the principal sum of S 1~3 - as evidenced by the Note, with interest and upon the terms as provided therein, the fiRal matu~ity date Of the Note end of thi! MOK$9ge being _Tan»ar,y t 7 ,xg ~nnn Note provides that sll installments of principsl and interest are psyable at the office of Mortgagee, or at such other place as the hotder may desiynate in writing, and thst esch msker s~d endorser agree to pay all costs of collection, induding s reasonabie attomey's fee, upon defsult in the psymant of the Note, and that if default be made in the psyment of any installment thereunder and that if wch defasilt is not msde good in accordance with the terms of the Note, tfiat the entire principsl sum and accrued earned interest shall b~come due a~d paysde without notice at the option of the hddar thereof; and shall perform snd comply with each and every stipu- lation, agreement and covensM of the Note and of this Mortgage, then this Mortgage and the estate hereby aeated shall be void, ott~erwise tfie ssme shall remain in full foroe. Maker covenanu to pay tfie interest and principal promptly when due. Mortgsgor ~ covenants to psy the Lxes and assessments on said property; to keep the improvements now existing or hareaher erected on the ! property insured sgiinst loss by fire, hazards induded within the term "extended coverage", and such other hazards as Mortgagee may require snd in suct~ amounta and for such periods as Mortgagee may require, with a company approved by the Mortgegee, with a standud mortg~ge loss clsuse psyable to Mortgagee, the policy to be held by the Mortgagee. and to keep the building on said land in proper ropair. ~ The loan represented by thi: Mortage and the Note is parsona! to the Mortgagor and the Mortgagee made the toan to tfie Mortg~gor based upon the credit of the Mortg~gor and the Mortgagee's judgment of the ability of the Mortgagor to repay all sums due under this Mortg~ye, snd, therefore, this Mortgage may not be aswmed by any wbaequent hdder of an interest in the Mortgaged E Property, except as provided herein, without the prior express written consent of the Mortgegee. If all or any part of tfie Mortgaged ~ Property, or any interest therein, is sold or transferred (induding a transfer by a~eement for deed or tsnd co~tract) by AAortgagor ~ without Mortgegee's prior v~itten consens, excluding (a) the creation of a lien or encumbrance wbordinate to tfiis Mortgage, (b) the aestion of a purchss~ money security interest far househdd appliance, (c) a tnnsfer by devise, descent or by operation of law ~ upon the death of a joint tenmt, or (d) the gant of s~y leasehdd interest of 3 yean or less not co~taining an option to purchase, Mortgagee msy, at Mortgagee`s option, declsre all :ums secured by this Mortgege to be immediately due and psyable. ~ This Mortgege shsll secure not only existing indebtedness, but also wch future advances, whethar such advsnces are obligatory ~ or to be msde at the option of Mortgsgee, or othervvise, as are msde within twenty (20) years from the date hereof, to tfie same extent ~ as if such future sdrrsnces were msde on the date of the ex~ution of this Mortgega, but such secured indebtedneu shall not exceed i at any iime the maximum principal amount of S n a plus interest, and any disbursements made for the payment ? of taxes, levias, or inwnnce, on tt~e Mortgaged Property, with interest on wch disbursements. Any such future advances, whether oblig~tory or to be msde at the o~tion of the Martgagee, or otherwise, may be made either prior to or aher the due date of the Note s or any other notes secured by this Mortgage. All covenants and agreemenu contained in this Mortgage shsll be applicabfe to all further advances mada by Mortgagee to Maker under this future advance ctause. ` Should any of the above carenants be broken then the Note and all moneys secured hereby shall, without dernand, if the ~ Mortgag~e so elect, st once become due snd psyable and this mortgege may be foredosed, and all coats a~d expenses of collection ~ and reasonable attorneys' fces, induding casts, expenses and reasonable attomeys' fees on appeal, if collected by legal proceedings E or throu~ an attorney at Isw, shall be paid by the Maker, and the same are hereby secured. ; IN WITNESS WHEREOF, the Mort~gor has executed this Mortgage as of the date first above set forth. i i Signed, sesled and deiivered ~ in our presence: r l ~ ~ . ~ l~t ~ ~tC'~c_>~._s~-- ? (SEAL) ~ C o~_% - ~ ort~ Bob Joe l ly ~ ~ ; ~y . c~, _ } o o I //~~C~~u ~i~G<..-~... ~ ort r ~ ~ (SEALI m W L~ 9890 ! ~ y Lo Jolly Q ~s m ~ / a ~ ~ STATE OF FLORIDA ? a w a ~ COUNTY OF St . Lucie 1 V1 O d 'J ~ ~ I HEREBY CERTIFY, that on this day, before me, and officer duly authorized in the State aforesaid and in s ~ ~ the County aforesaid to take acknowledgments, personally appeared Bobbv Joe Jolly and Bettv Lou Jollv ~ ~ , to me known to be the person described in a~d who y executed the fore in instrumer)t dntl rhev acknowled the ~ Q 9a~ 9 ged before me that y a y F, executed the same. ~ ~ ? ~ WITNESS my hand Arx~ ~eial,sea(~~n.the County and State last aforesaid this 18th day of + y c Januarv ' ' p~D., i9 _QQ__.__. ~ x " . ~ t~/c~ClriCL a- "7 c~ • ~ . /-Q ° ~ , " ? , Notary Publi~ ~ . ~ ~ ~ I(; ~ = My Commiuion Expires: ~pT~~ pUg~ (C STRTE aF fl OR f DA P4-6014-000-7 Rev. d/84 mw M~ ~pMi5SI0N EXP JUl1l 13, I943 ~ , BOtiDEO THRY t~IrERA1 .INS. 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