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Home My WebLink About0702 DIRECT HOME IMPROVEMENT T AGE v~ / WITH FUTURE ACVANCE MOR G ~2 ~ THiS MORTGAGE, mad~ th~s 18~ dsy ot October , A.D., 19 , between John P. Cunningham an~l Virqinia D. Cunningham His wife ~Mo,~~,~ ^ Sun Bank of Fort Pierce ~Mo~~~.~: (Name o1 S~n Bank) WITNESSETH, thst Mort9spor, lor and ~n COns~deret~on O) the premisss and orde~ to secure the payment ot ~he pr~ncipal s~d ~ntertst on th~ not~ (ss hert~nslter def~nedl, Mort9s9or henby grsnts, au~qns transfers and mwtpages to Mortgapee, ~ts wccessors and ass~pns (orever, the lollowinq described reat property ~n $t. Lucie c«,~~y. Fbrds, to wit: Maravilla Golf Park Block 2, SLY 50 Feet of Lot 3 and all of Lot 4. a ~ ~ ° STATE QF FLORIDA ~ : ° ~Z OOCUMfN~ RY S~AMP iAx.~ ~ _ ~ °c DEPT. QF kElt£NUE ~ - Nr ~ / ~j Z ~ = OCi2S11 • ' 3. 9 5 i ! i~`_ IN PAYMENT Oi 111~5 '.~~n,~. ~ RECEIVED:---- lY ~ n- ~ P.~. _ t1i~M161B1E PER9~~ PNOPEf1 ~ ti~oz c 11-134. 11~1S l~ 1911. o E~~. p~RSUArt[ TO Ct+A~' F kOGER POITRAS ~ . s RT 6l.ERK CIRtUIT Gwaj. Si. I.UC~E u, ~~tf~9~° ?t COU ~ ~~~C Q I r~ E'~~~ a i t EO a ~ T 25 3 s3PM~~~ o~ Oc ~ a 3~i~:.~ri8. N a ~ \ . Q (hereinafter referred to as the Morcgaged Prc>pertyl; and the Mortgagor does hereby tully warrant the title to the Morrga9ed Property > ard wiU defend the same agalnst the lawful clauns of all persons whomsoever. ~ PROVIDED AIWAYS, that if John P. & Virginia D. Cunningham. , Makerls) of tAat Z . Unsert Name1s11 w ~ , certam promissory r?ote dated the date hereof (the Note1, their heKS, Iega1 representatives or assgns shall pay to Mortgagce ~ p . the principa~ sum of $ 9 295 • 4 4 as evidenced by the Note, with i~terest a~d upon the terms as p~ovided there~n, the final o - w maturity date of the Note and of this Mongage being 1~~ , 19 8 , which Note prov~des that Q all mstaltments of prwx~al and interest are payable at the office ot Mortgagee, or at wch other place as the holder may des~gnate i~ ~ v~rciting, and that each make~ and endorser agree to pay all costs of collection, i~cluding a reasonable attorney's fee, upon default in the payment oi the Note, and that if default be made in tAe payment of any instatlme~t thereunder and that if wch detault is not rrwde ~ good i~ aocordance with the terms of the Note, thst the entire pru~cipal wm and accrued, earned interest shall become due and paYable without ~otice at tF+e option o1 the holder the~eot; and shall perform an[f comply with each and every niputat~on, agreement and rnv- ena~t of the Note and ot this Mortgage, then th~s Mortgage and the estate hereby created shall be void, otherwise the same shall remain in full torce. Makp covenants to pay the interest and printipal promptly when due_ Mortgagor covenants to pay the taxes and asseis- ments on said property; to carry inwrance aga~~st fire on the bu~~ding on said tand lor not ~ess than S 9295 .44 , approved by the Mor[gagee, vmth sta~ard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee a~d to keep the '~I build~ng on sa~d land in proper repair. E This Mortgage shall secure not only ex~sting indebtedneu, but also wch future advances, whether wch advances are oblgatory ur ( to be made at the option ot Mortgagee, or otherw~se, as are made within twenty (20) years (rom the date hereof, to the sarne extent as if wch future sdvanca were made o~ the date o( the executio~ of this Mortgage, but wch secured indebtedness shall rat exceed at any f m t~me the max~mum prauipal amount of S 9295 . 44 ptus i~terest, and any disbursements made for the payment ~ p I o1 taxes, lewes, or ~nwrance, on the Mortgaged ?roperty, with interest on wch disbursements. A~y wch future advances, whether ~ ~ oblgatory or to be made at the option of the Mortgagee, or othaw~se, may be made e~ther prior to or after tt~e due date oi the Note or ~ Q I any other notes setured by this Mortgage. This Mortgage is grve~ for the speut~c purpose of securing any and all ~ndebtedness by the ~ ,a,,. ~ Nlaker to Mortgapee (but in no event shall the secured indebtedness exceed at any time the maximum princ~pa! amount set forth in this ~ ~ paragraph) in whatever~manner this indebtedness may be evdenced or represented, until this Mortgage is satisi~ed o1 recad. Afl cove- a nants ard agreements contained in this Mortgage shall be appHcable to all furthe~ advances made by Mortgagee to Maker unde~ tha `t future advance clause. 1 ~ ~ z Should any ot the above covenants be broken then the Note and all moneys secured hereby shall, without dema~+d, if the ~ Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses ot coltect~on and - ~ ~ reasonable attorneys' fees, includ~ng costs, expenses and reasonable attorneys fees on appeal, if collected by legat proceedW?gs or ti through a~ attorney at law, shatl be paid by the Maker, arxl the same are hereby secured. ;n Z - IN WITNESS WHEREOF, the Mortgagor has ezecuted thls Mortgage as ot the date first above set forth. cn - ~ 1 ~ ' Sg seakd and delivered ~ ~ ' o resence: _ . # ISEAL) r ~ IlVlort rl. . ~ ta~'~'v ISEAL? ~ iMortgagor) ~ , ~ STAT oF Florida ? ~ ~ ~ COUNTY OF St Lucie ~ ~ 1 HEREBY CERTIFY, that o~ th~s day, betore me, an otfiter duly aufhoraed ~n the S~ate atoresa~d and in the Coumy atoresad ~ ,~,~y ~ ~'~OIUl & Virginia Cunnin ~,~~n „o~ to be the person descr~bed to iake acknowledgmen~s, per y yed qe'f+1t`k . ~wY'"' . . ~n and who executed ihe foi~jpmg ~~mefk~siid :c havp acknowledged before me that execu~ed the same. ~~sea~n t~}e CoJnfy and State tast ator thn day of st WITNESS my hsnd i. d bfii v ~ . , A.D., 19~_ . ~ : 0, Q ; t-- - ~~~K 276 PA6E 7Oi ~ ~ ~ d _ . ~ "~1~7^/ ~E,~ • Mv fi14'p`8~~~~~OF~~R~ AT tA~ ~ ~ •41~ ~ ~ ~ l i~ i: ~NDEO THRl1 G~ 1 46014-0047 R~v 6/77 t~~~ E.«.~,..?..s, _ . _ ~