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Home My WebLink About0619 otRECT HOME IMPROVEMENT - MpRTGAGE J`7~!'~~~ ti~ITH FUTURE AOVANCE THIS MORTGAGE. made th:s 3rd day of ~~nu8r_~_---- . A O., 19 78 br~wrrn ~ Fred Clarke and Dorene J. Clarke, his wife ~n,p,ty,~,,, d„d - - Sun an c o~f~Luc~e oun y (Mo~tgsyerl: ~Name of Sun 8ank; WITNESSETH, that Mo~tgayor, for and m cuns~de~at~un ol the prem~ses anct orde~ to u~~we the payment ol the P~~nc~V3~ mterest on the note las heremafter def~nedl, Murt9ayor he~eby grants, ass~gns translrrs and mortgages to Alortgag~~, ~ts succrsso~s arxt ass~gns torever, the ~ol~ow~ng descnbed ~ea1 prope•rty St_LIICle_ County. FI~~K13, to ~wt: Lot 8, Block 5, Coral Cove Beach Subdivision, Section 1, as recorded in Plat book 11, Pages 30A and 308, of the Pubiic Records of St Lucie County, Florida. • S1~CVE~tl C9~~~y F ~ i - RnCE? PJ'1~. A~ _ ~ t' ' c C. .Jy Cl F ~ ~ Rsceived t~~:..i..r ~1 hyry~ a Ttl~ _ ~ ~us On Cla~ _ c~ • J~N i( 10 51 AH'T~ ~,•M TocM,,,.~ts~",~ ~m = ~ 3~03p6 c~ "°°u~~~ ~ - ~TATE -:~-"F~.~a~~:;~~ 1 `~~'t.~e.tw~Cw.A~. - J'?i:UMENIAR`; SiAM-r-'!,~ ~ ,1~~~; .:i R~VENU: i'~~~'3;.a { ~ _ ~,:N ! 1'7! ~~~5~: = ~ g. ~ ~ R P8. ~ : ~,i. ~ s------ r= (here~nafter reterred 1~ s e M 1; and the Mortgagor does hereby fully wa~rant the trtie to the Mortgaged Property and w~il defend the ~t~~nst ~~~~~t a~l persons whomsoever. PROV IDED AIWAYS, that ~f Fre andDorene J. ~.'I.dY'~ the A1akerls1 of that ~ ` [insert Name1511 certain promissory note dated the date he~eof (the Note1, their he~rs, Iega1 representat~ves or ass~yns shail pay to Mortgagee ' S753 . 28 as evidenced b the Note, wrth i~terest and upon the terms as prov~ded therem, the hna~ ' the prmupai sum oi $ Y i - January 6 ; matunty date of the Note and of th~s Mortgage bemg , 19 80 , wh~ch No~e p~owdes that ~ - all ~nstailments oi pnnc~pal a~d i~terest are payabte at the oit~ce ot Mortgagee, or at wch other place as the holder may desig~ate m ! - wr~tmg, and that each maker and endorser agree to pay all costs of collect~on, incfud~ng a reasonable attorneY's fee, upon default ~n the ( ~ payment of the Note, and that if default be made in the payme~t ot a~y installment thereunder and that ~f such de(au~t is not made~ f good in accordance wiih the terms of the Note, that the emiie prmc~pal wm and accrued, earned mterest shatl become due a paya e ~ w~thout not~ce at the option ot the hotder thereof; and shall periorm and comply w~th each and every stipulatan, agreement and cov- ; enant of the Note and oi this Mortgage, then th~s PAortgage and ihe estate hereby created zhall be vo~d, otherw~se the same sha11 rema~n ~ " ~n full force. Maker covenants to pay the ~~terest and pr~nupal promptly when due: Mortgagor covenams ~o pay the [axes arxi assess- 2 ments on said proRe*ty; to carry insurance agamst fue on the bu~iding on said land tor not less than $ 5753 . 28 approved by the Mortgagee, with standard mortga9e loss clause payabie to Mortgagee, the pohcy to be held by the Mortgagee and to keep the. ~ bu~ld~ng on said land m proper repair. y This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are oblyatory or i to be made at the option of Mortgagee, or otherw~se, as are made w~th~n twenty 1201 years (rom the date hereot, to the same extent as ~ ~f wch fuwre advances were made on the da[e ot the execution ot th~s Mortga9e, but wch secured mdebtedness shall no[ exceed at any ~ t~me the maz~mum pnncipal amount of $ 5753 . 28 plus mterest, and any d~sbursements made for the payment ~ J of taxes, tev~es, or msura~e, on the Mortgaged Property, wrth ~nterest on wch d~sbursements. Any wch future advances, whether ~ J ~ oblgatory or to be made at the option of the Mortgagee, or otherw~se, may be made e~ther pnor to or after the due date of the Note or ~ ~ any other notes secured by thK Mortgage. Thrs Mortga9e is grven for the specit~c purpose of secunng any and alf ~ndebtedness by the - - Maker to Mortgagee (but m no event shall the secured mdebtedness ezceed at any hme ihe max~mum principal amount set forth m th~s ~ j paragraph) m whatever manner th~s ~ndebtedness may be evidenced or represented, untit this Mortgage is satrsf~ed of record. All cove- ~ ~ nants and agreements conta~ned ~n this Mortgage shall be app~~cable to alt (urther advances made by Mortgagee ro Maker under th~s j tuwre advance clause. Y£ ~ Should~ any of the above covenants be broken then the Note and all moneys secured hereby sha11, wrthout demarxf, ~i the ~ ~ ; ~y - 1 _ Mortgagee, so elect, at once become due and payable and th~s mortgage ~ay be foredosed, and alt cests and expenses o( collechon and reasonabte attorneys' fees, includ~ng costs, ezpensez and reasonable attoineys' f~s on appeal, rf collec~ed by ~egal proceed~ngs ur . i ~ ! through an attorney at law, shall be pa~d by the Maker, and ~he same are hereby secured. ~ n ~ IN WITNESS WHEREOF, the Mo tgagor has executed th~s Mortgage as of the date 1~rst above se: forth. _ _ S~gned, sealed and detrvered ~ , . , ~n ou resence: ~ ' e ;t~ ~ s ~ ISEAI? ~ J . (Mortgagor! . y I J I ~ ~ ~ !-D ^ ,'L-r...,~~~ISEA~! :i . % / / r~ - . = (hlortgagor ~~x STATE OF Florida ~ ~ t COUNTY OF St Lucie ~ - - I HEREBY CERTIFY, that on th~s day, betore me, an off~cer duly authp~~eci jn t~e State aforesad and ~n the County atoresarf Fred & Dorene _ J'.~ .C].a~&e [o take acknowledgments, personally appea~ed to ~e.known to be the oerson descnbed ,n and who executed the foregomg mstrumene ar,d _haVe ec~+ov~e~i~b before ~r.ie tt~ar theY executad the same. . , • _ y .5 ~ 1YITNE$$,my harxl and otf~c~al seal ~n the County and State Iast repeQcl tA~s d p Januar A.D., 19 / tf . ~ . A~ = Nota?y.~P~ta11Q. vtlE~.C_ STAtE Qf AT LARGE (1 ~ ~ ~ Mv Corr~lH~s4~h/ E7fP1RES 23, 1978 - ~VQ~ 280 ~~(~'t~ ~ :n.in~~ r~.:v hsN AL ItJSU NCF UNIIFRW4ITFK 4 5014•000•7 Rev 6/77 E•~`°`"'°.^'