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THlS INS'I1tUMENZ' ~/AS pR&pAiiBD 8Y~ i
~oha lt Wi11tam,, Acoor~ ~
Blank, William~ aAd Benn
316 lw•Anierkaa EuU~
~/at ~lin D~ad~, ~bNd~ 33~01
M O R T G A G E
FUTURl~ ADVANCE AGREFsMENT
WHEREAS, CITIZENS BANK OF PALM BEACH COUNTY, a Florida Bankinq -
Corporation, hereinafter referred to as Mortgagee, and ROBERT A. EPPERSON,
joined by CLORIA EPPERSON, his wife, and HAZ1sN KREIS, joined by MARIE
KREIS, his wife, Yiereinafter referred to as Mortgagors, are the parties {
to that certain Mortgage qiven by the Mortgagors to the Nbrtgaqee aecurinq
Note of even date in the original amount of SE~JEN HUNDRED THOUSAND AND NO/100
($700,000.00) DOLLARS, dated and recorded March.22, 1974, in Official
ReEord-Book 225, Page 1039, Public Records of St. Lucie County, Florida,
and
_ WHEREAS, a Future Advance in the amount of TWEI~'Y THOUSAND AND N~/100
($20,000.00) DOLLARS was made by an Agreement recorded June 30, 1974, in
Official Record Book 229, Page 1272, Public Records of St. Lucie County,
Florida, and . ~ ~
WHEREAS, a Future Advance in the amount of OI~ HUNDRED TWENTY
THOUSAND AND NO/100 ($120,000.00) DOLLARS was made by an Agreement recorded
October 8, 1974, in Official Record Book 232, Page 2121, Public Records of
j ~St. Lucie County, Florida, and ,
~
~ W~REP,S, pursuant to Paragraph 21 of saii M,ortgage as modified, the .
Mortgagors have requested and the Mortgagee has agreed to grant an addition-
al advance or loan to the Mortgagors in the amount of ii'WEI~Y-FIVE THOUSAND
AND NO/100 ($25,000.00) DOLLARS, making a total principal indebtedness of
FiG~ HiJNDRED SIXTY-~'IVi' 'rH~USAND AND NO/100 ($865,000.00) DOLLARS.
E SSETH: ~
W I 't N ~
1. That to secure said Future Advance the Mortgagors have this ~
~
date executed in favor of the Irbrtgagee a Note in the amount of TWENTY-
DOLLARS with interest at TWELV~' AND ~
FIVE THOUSAND AND NO/I00 ($25,000.00) ~
ONE-HALF (12~ PERCENT per annum, interest payable QUARTERLY~ and principal
and accrued interest due on or before March 28, 1977.
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DOCUMENTARY, t,, ST A 1KP T A ~
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