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Home My WebLink About0044 ~IRECT NOME IIrOPROVEMENT MQRTGAGE ~~b'1 ~ ~ WITH FUTURE A~VANCE THIS MORTGAGE, made ~n~s 28~h day ot No~ember , A.o.. . ~,~,W~~ Mildred Adkine~ s ein~le A(~lllt _ IMortgago~l a~a ~ 3 n Rank ef~t~ I,~,ia -e ~nty IMo~~9ageel: ~Name oi Sun Bank) WITNESSETi1, that Mort9agor, lor ancf ~n cons~dgrauon of the premnes arxl in order to secure the paymeM o~ the pr~nC~pal and ~nterest on the note (as here~na~ter def~ned), Mortgagor hereby grants, ass~gns transfers and morigages to Mortgagee, ~ts successors and assig~s forever, the ~ollow+ng deur~bed ~ea1 prope.ty ~n st'. ~+UCie _ County, Fbr,da, ~o w~t: Lot 1, Block 1, EI.DORADO SDBT)M3ION, as per plat thereof on file in • i ~ Plat Book 8, at page 2, of the public r ecorda of 3t. Lucie County, ~ z ~ ~ Florida. z ~ Raceived i In PaymMt Of T~eN ~ ~ . (Thia i~ a eecond mortgage) ous On Class "C" IntanpiW~PwsorwlPr~op~t~. o PurwaM To Chapt~? 71.134. Aats Of 1Y71. ~ . ~ w ~Ep AM01tlC~RDEtt ROGER POITRAB ~ a. wc~E couM r f~~. c~..k c+rww co~re. St.1yoM. Co.. i ' ~ IIOCER POITIlAS CIfPK C~RCUIT COURT Q ,•y~. N n- VERifIC~....~-~ Q.~`~~~` OEC I 1104 aN'~~ 61 _ ~ ' ~t~~~ : 3861 ~ Q ~ h~ ~ K '1 - . s ~ (herelnafter re~erred to as the Mwtgaged Propertyl; and the Mortgagor does hereby tully warrant the Utle to the Mortga9ed Properly > ~ ~ and wiil defend the same agamst the lawful claims of all persons whomsoever. ~ 1r Mildred Adkine , the Makerlsl of that r ?~i f r PROVIOED ALWAYS, that if L ' (I~sert Namelsl) ~ ti j ~ _ oertai~ promissory note dated the date hereof (the Notel, her ~,~s, ~1 representauves o~ assig~s shall pay to Mo?tgagee J y- 7931.28 as evulenced by the Note, wrth ~nterest and upon the terms as prov~ded there~n, the final p , the princ~pal wm oi S c u ' J~ maturity date of the Note and of this Mortgage bemg No~ember 2v~ . ~g~ , whlch Note prov~des that ~ ~ all mstallments of printipal and mterest are payable at the oti~ce ot Mortgagee, or at wch other plxe as ihe holder may dez~gnate i~ ~ : wr~img, and that each maker and erdo.ser agree to pay all costs of collection, includ~ng a reasonable attnrney's fee, upon default ~n the payment of the Note, and that if default be made in the payment of any ~nstallment thereunder and that ~i wch default is not made , : good m aaordance with the terms of the Note, that the entire principal wm and accrued, earned ~~terest shall become due and payable w~thout notice at the option ot the holder thereof; and shall periorm and comply with each and every st~pulat~on, agreement and cov- enant of the Note and o( this Mortga9e, then th~s Mortgage and the estate hereby created shall be vo~d, otherw~se the same shall rema~n in full force. Maker covenants to pay the ~nterest and principal promptly when due. Mortgagor cove~ants to pay the taxes and assess- ments on said property; to carry i~surance aga~nst lue on the bu~idmg on sa~d land for not less ihan S , approved ~ by the Mortgagee, w~th standard matgage loss clause payable to Mortgagee, the polKy to be held by the Mortga9ee and to keep the ~ bu~ld~ng on Sa~d lard m proper repair. ' ~ This Mortgage shall secure not only ex~sUng indebtedness, but also wch future advances, whethe? such advances a~e oblgarory or ~ to be made at the option of Mortgagee, or otherw~se, as are made w~th~n twenty (20) Years irom the date hereof, to the same extent as k wch future advances were made on the date ot the execution o1 thls Mortgage, bu~ wch secured mdebtedness shall no[ exceed at any ~ t~me the maximum prmc~pal arrount of S plus mterest, and any d~sbursements made for the payment 4 ~ ~ of taxes, lev~es, or iowrance, on the Mortgac,~ed Prope~ty, wrth mterest on wch d~sbursements. Any wch futwe advances, whether E obtgatary or to be made at the optan oi the Mortgagee, or otherw~se, may be made either prar to or aiter ihe due date of the Nate or ; any othe~ ~?otes secured by th15 Mortgage. Th~s Mortgage n glven for the spec~t~c purpose of securing any and all mdebtedness by the ~ ~ Maker to Mortgagee (but in no event shall the secured indebledness exceed at any time the maximum pr~ncipal amount set forth ~n th~s p ~~~i paragraph) in whatever manner this indebtedness may be evdenced or represented, until th~s Mortgage n satisf~ed of record. Alt cove- ~ J- ~ - nants and agreements co~ta~ned m th~s Mortgage shall be appl~cable to all further advances made by Mortgagee to Makpr urider thK ~ ~ j ~ (uture advance clause. z~ Should any ot the above cove~ants be broken then the Note and all moneys secured hereby sha~l, w~thout demand, ~f the ~ Mortgagee, so elect, at once become due and payabte and this mortgage may be foreclosed, and all costs ancl expenses of collect~on a~d q ~ ~ ' reasonable attorneyi ~ees, ~nclud~ng costs, expenses and reasonable attorneys' fees on appeal, ~i callected by legal proceed~ngs or ~ th~ough an attorney at law, shall be pad by the Maker, and the same are hereby secured. ~ Z ' - IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as oi the date t~rst above set forth. ~ ~ ~ . I S~ned, seai and dei~v ed - , m cur pr nce: ~ a~~ ~X Ji ~ ~.~S..X-~ti^~ ISEALI i = ~ j _ (Mortgagorl : / . ' l C ~ ~ {SEALI ; ~ (Mortgagorl ; ~ 3 ~ ~ STATE OF F].OI`~da ? i , Y ~ COUNTY OF St. Lucie ~ . " ~ ~ I HEREBY CERTIFY, that on th~s day, betore mB,~a~ oft~ca tluty.authonzed m the Stare atoresa~d and m the Cou~ty aforesa~d ? ~ Mildred Adki~fa ' ; to take acknpwledgments, personally apprare~ ,.~„T__ to me known to be the person descnbed i ~ = 'T , = ? ~n and who executed the forego~ng ~nstrumenf and She r sdcnowledged before me that 9hE exewted the same. ; _ WITNESS my hand and ofi~c~al seal m the L~ounty and State last af '~d thiz day oi November ' p A.O.. 19 . ' " • - ~ = ` % ~ - ~ . ~ ~ B~tI~K ~~V P~GE 43 . ry ~ub11C lI~ARr /111L1C STA1E ~ 1 ; ~Comm~ss~on Exp~rez: Mtl CQAAMISSIOM ~ M~~•'~ NM Q ~ , ~OnO~ fll11 ~K !!6. I~M1~ Y~ ~ ~ a 6o~a-ooa-~ A.y sm F.K~,~....~ ~ .