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Home My WebLink About0101 OIRECT HOME IMPROVEMENT MORTGAGE ~ / WITH FUTURf AOVANCE ' Vp~~ ~K70 TNIS MORTGAGE, made th~s 19th ~ ~y o~ p@CEAtber , A.D.. 1~7 , between r: , Pil'ilc1Q 1131,1g IMorc9agorl and Sun Bank of St. Lucie County ~Mo«~~: INameot Sun BankJ WITNESSETH, that Mo~tya9or, lo~ and m cons~derauon of the prem~ses a~d m o~de~ to secure tAe payment oi the prmc~psl and ~nterest on the note (as here~nstter det~nedl. Mortgagor hereby grants, ass~gns transfe+s and ma,tgages to MortgaQee, +ts successors and au~ n: forever, the to~~ow~ng deu~~bed rea~ SL. LuCi@ g prope.ty m County, Fiorda, to w1t: I,ot 26, Block 10, LINCOLN PARK SIIBDIYISI~N as per plat thereof recorded in Plat Book 3, p~e 4 of the Public ~ o - Z Records of St. Lucie County, Flarida. J Q Z Ci ~ ~ p ?Arn~V@d R /t ~ This ia a First Mortgage. '3 Inh~~p~T~ n ~ O~~F 7n t tasa ••C'• = pU?SUdfll Tp C~ 7~~ ~i a ~ y,~ FIIE~ ANO RECOROE~ RpQEp ppT~ f~ ' ~ /L~ ~ ST. LIICIE COUNtY FLA. ~ Q ROCER POITRAS C~cuK ~ ~ 1 4, Ct f~R CI~CUIT COURT W ~ ~ . - " 2~FrE0.~,~ ~ a ~ 3£~S~S9 ~ a OEC 1' 9 os AN'11 Q ~ (here~nafter re(erred to as the Matgaged P~opertyl; and the Mortgago? does hereby fully warrant the t~tle to the Mortgaged Property > and w~il deferxl thp same agamst the lawful claims ~f all persons whomsoever. s Q PROVIDED ALWAYS, that if Pinkie k1118 , the Maker(sl of that z I~~sert Namelsll j certain prom~ssory note dated the date hereof (the Notet, her he,rs, iegai rep~esentahves or au~g~s shall pay to Mo?tgagee ~ ^ the principal sum of s 577 7_ Q4 as ev~denced by the IVote, w~th interest and upon the teams as provided there~n, tAe tinal maturity date of the Note and ot this Mortgage being December2l, , ~9 84 , which Note prov~des that ~ a!f installments of pru?c~pal and interest are payable at the offi~e of Mortgagee, or at wch other place as the holder may des~gnate in , writing, and that ~ch makec and endorser agree to pay all costs of collection, inc~uding a reaso~able attorney's tee, upon default in the payment of the Note, and that ~i ~tautt be made in the payment of any inztallment theraunder and that ~l wch default is not made good in accordance with ihe te?ms of the Note, that the ent~re pNncipal wm aod accrued, earoed mterest shall become due a~d payable without notice at the option oi the holder thereot; and shall pertorm and comply w~th each and every st~pulation, agreement and cov- enant of the Note and ot tbis Mortgage, then this Mortqage and the esfate hereby c~eated shall be w~d, otherwise the same sha11 remam ~n (u11 force. Make? covenanis to pay the i~terest and princ~pal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on Said property; to carry inw.ance aga~nst fue on the bu~ld~ng on said land for not I~s than $ , approved by the Mortgagee, with narcfard mortgage loss clause payable to Mortga9ee, the pol~cy to be held by ihe Mortgagee and to keep the buddmg on sa~d land in ptoper repair. This Mortgage sha~l secure not only ez~seing indebtedness, but also wch futu?e advances, whethcY wch advances are obtiga[ory or to be made at the option of Mongagee, o~ otherw~se, as are made withm twenty (20) years from the date hereot, to the same extent as ~v wch future advances were made on the date of the ezecution of this Mortgage, but wch secured mdebteuness sha11 not exceed at any ~ t.me the max~mum 5 ; princ~pal amount of S plus interest, and any d~sbursements made for the payment ` of taxes, lev~es, or inwrance, on the Mortgaged Prope?ty, w~th ~nterest on wch d~sbursemems. Any such future advances, whetl~er J ob~garory or to be made at the optwn of the Mortgagee, or otherw~se, may be made e~ther prior to or after ihe due date of ihe Note or any other notes secured by this Mortgage. Th~s Mort a rven tor the ^ gage g specific purpose of secunng any and all ~ndebtedness by the w JF Maker to Mortgagee (but m no event shall the secured indebtedness exceed at any t~me the maximumpn~apai amount set torth in thls ~.a i~ paragraphl in whatever manner tb,s indebiedness may 6e evidenced or represented, unUl this Mortgage ~s sahsf~ed of record. AII cove- nants and agreements contamed ~n th~s Mortgage stiall be appticable to all further advances made by Morcyagee to Make. under this ~ future advance clause. ~ ~.I z~~ Should any ot the above Covenants be broken then the Note and all moaeys secured hereby shall, wrthout demarxi, ~t the z' 1~ Mortgagee, so elect, at once become due and payable and th~s mortgage may be forectosed, and all costs and expenses of cotl¢~t~on and } reasonable attorneys' fees, ,nclud~ng costs, expenses and reaso~able attorneyi fees on appeal, coltected hy legal proceed~ngz or ~ throu h an attorne at law, shall be y v! - 9 Y Paid by the Make., and the same are hereb secured. n ~ - ~ IN WITNESS WHEREOF, the Mortgago. has executed this Mortgage as o( the date first above set forth. ti I Sgned, aled and delrvered f ~ m our r sencC: _ ~~~~ij~~C%,, lSEAL) ' (Mortgagor) ~ , l i ~ L ISEAL) • ~ I Mor ~9agpr ) te! , , STATEOF Florida 1 ~ ~t.,.,,, • ' COUNTY OF St. Lucie ~ t~,,+~" • f~ ~ ~ ! N ~ ; i: ' 1 HEREBY CERTIFY, that on th~s day, befor~Jne;+sA,oHtC2r du1lj~~tt~pnzed ~n the State aforesad a~d m the Coumy aforesaid ~ to [ake acknowledgments, pe.sonally appea~ed `~'1rik~@ I~1~ ~ to me known ~o be the oerson described w.. - ~ and who executed the for ~n ~nstrument and- ~ r ~ ~ she . , ~ 9 r._ arJc~evdedged before me that executed the same. " ~ , - December WITNESS my hand and oif~ual seai ~n the Cou n l y and State 1as a to id t$i! 19t~ day of , ' - ,f{! A.D., 19~Z- ~ 1 ~ - ` ' - - ~ . ~ ' ~ L ~Ln , . -1Vii c~r~ lic . . . - . - • - O~/~{~ PA~E ~OO ~Y Comm~SS~~IC ST/lTi FLC~IOA AT IARC~ BDDK... .~CC.1N~4:lSSlO!JEXr'ICF'. 't.lE !'~81 4-6014•000-7 R~v 6/77 j]yt,~,j (,~JJE2/1L IHS. t1t~DiRM'Rf i[RS E.«u„„~o,ns