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Home My WebLink About0606 DIRECT HOME IMPROVEMENT RTGAGE ~~/G/~`=S ~ / YYITN FUTURE ADVANCE MO ~ THIS MORTGAGE. mxte this 2~~1-- di o1 ~Y'll- - . A D. 19 ?8 Uetwrrn John A. M~ett aryd Domtia . Meggett - - _ ~M~, ~ $LITI ~1~C Of $t. I~tK.lE ~llll~------ - - - IMart9a9eel: ' INameof Sun Bank) WITNESSETN, that Mortaaqor, (m a~xi ~n cons~derai~on of ihe p~em~ses and ~n o~der to secu~e the payment ol the p~~nc~pa~ and ~nterast on the note (as here~nafter de~~~ec11. Mo~tyayor hereby g~tt~, ~i~{ansfers and mort9ages to Mo~tyagee, ~ts sutceszors ano ass~gns (orever, the foUOw~ng descnbed ~ea! p~opertY - Counry. Floruia, to ~v~t: Lot 15 and 16, Block 2 L'nit 1, INDIAN RIVER ESTATES, as per plat thereof recorded in PZat Book 10, Page 43 of the Public Records of St. Lucie County, Florida. This is a lst mortgage, ~,3 ~ tiy~~snt p( Texes Received • _ ~ Dw On Clas"C" IMa~91b1~~nof~lP~ap~n11• ~ Punwrn T~ Ch~Ot~ ?1. 134. A?~ Of • . ~ l~ ~ ~R PORAAS . - CNrk CwaM Cwrb i~ t~uoi~ Oa. F~ ~ _ . ; - - y ;=T F~-~' L ~ . . . ~ . ' - " ~ ! ?j lED AMD REOQ ROED _ ~ ~ ~ A~ ~ A r: ~ . _ r _ ~ iT. lUC1E COUNTY f lA ' ~:L-•'~ . ROCER POITR~S x - ` t O. ~~J Z CIFaK i.i?ZUIT CO " ~ ` c8 - 4:, . -s ' ;r:rF~Ca ~ :.L - _ - - ~AY 3 i l 23 aH'7~ ~ ~0~~~8 4 (hereinafter referred to as the Mortga9ed Propertyl: and the Mortgagor does hereby fu11y warrant the t~tle to the h7or~gagc~ci Property and wut defend the same aga~nst the lawtul cia~ms ot all persons whomsoever. ~ ' PROVIDED AIWAYS, that it `70~1n A. Meg9ett & Doru~a R. ~g@tt the Makerlsl ot that ^ [Insert Namels!] ce•tam promissory note dated the cia~te hereot (the Notel, ~r he~rs, Iega1 representauves or ass~gns shall pay to Moftgagee the pnnc~pa~ sum of $ 6769. 80 as ev~denced by the Note, with ~nterest and upon the terms as prowded therein, the fina~ matur~ty date of the Note arxl of this INortgaga be~ng APril 26~ ~g 83 , rvh~ch Note prov~des that ` all ~nstallments of pr~nc~pal and ~nterest are payable at the oH~ce of MortgageE, or at wch other place as the holder may dez~gnate m ` wr~t~ng, and that each maker and endorser agree to pay ail cosis of coilect~on, ~nclud~ng a reasonable attorney's fee, upon default ~n the - payment oi the Note, and that ~f detault be made ~n the payment of any mstaltment thereunder and that ~f such de(ault ~s not made good ~n accordance with the terms of the Note, that the ent~re pri~c~pal wm and accrued, earned ~nterest shall become due and payable wrthout not~ce at the option of the holder thereof; and shall perform and compiy wrth each and every st~pulat~on, agreemem and cov- f enant ot the Note and of this Mortgage, then th~s Mortgage and the estate hereby created shall be vo~d, otherw~se the same shaii rema~n ~ ~n fuli force: Maker covenants to pay the mterest and Rrmc~pai promptly when due. Mortgagor covenants to pay the taxes and assess- ments on sa~d property; to carry ~nsurance against hre on tne bu~a~ng on sa~d iano ior no~ ie~s iiian .:•'v~~~ i by the Mortgagee, with standard mortgage ~oss dause payable to Mortgagee, the po:~cy to be hefd by the Mortgagee and to keep the bu~M~ng on sa~d land ~n proper repa~r. i Th~s Mortgage shall secure not only ex~st~ng ~ndebtedness, but also wc~ tuture advances, whether such acivances are obl~gatory or ` O g d, gagee, or otherwtse, as are made w~th~n twent !20? Vears t~om the date hereof, to the same extent as ` to be made at the opt~on of Mort Y ~ ~f wch tuture advances were made on the date of the execut~on of this Mortgage, but such secured ~ndebtedness sha11 not exceecl ai any ~ ~I` t~me the max~mum p~mcipal arnount ot S N~A p~us ~nterest, and any d~sbursements made tor the payment ~ ~ v~ ot taxes, lev~es, or inwrance, on the Mortgaged Property, wrth interest on wch d~sbursements. Any such (uture advances, whether ~ _ 'V~,~ obtgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~ther pnor to or after the due date oi the Note or 7'-~-1 any other notes sew~ed by th~z Mortgage. Th~s Mortgage ~s grven for the speut~c purpose oi secunng any and a11 ~ndebtedr.ezs by the ~ _ ~ Maker to Mortgagee (but ~n no event zhall the secured ~ndebtedness exceed at any t~me the max~mum pnnc~pal amount set forth m th~s ~ _ paragraph) in whatever ma~ner th~s mdebtedness may be evidenced or represented, unt~l thrs Mortgage ~s sausf~ecl of record. All cove- ~ ~ nants and agreements conta~ned in this Mortgage shall be app~~cab~e to all further advances made by Mortgagee ro Maker under this ~ future advance clause. ~ j-1 O; U S~uld any of th2 above crnenants be broken ihen the Note and all moneys secured hereby shall, w~thout ~emand, ~f the L-+ Mortgayee, so elect, at once become due and payable and tnn mortgage may be foreclosed, and alI costs and expenses of collect~on and ~ ~~.a ~easonable attorneys' 1ees, ~ncludmg costs, expenses and reawnable attorneys" ~ees on appeal, ~f coltected by tegal proceed~ngs or ~ through an attorney at law, shall be pa~d by the Maker, arxi the same are hereby secured. ~ ' ; - ~ IN WITNESS WHEREOF, the Mortgagor has executed this Moriqage as ot the date (~rst above set forth. ~ z ;I?` ~ (i-~ ~ " Sgned. seal ~nd deiwered ^ ~ m our pre ce: \ ~ ~ ISEAL? • (Mor ago ) ~ ~ ~ ~'~l~.M~1~-- ~ r ~ - I SE A l1 (Alortgago~l i STATE OF Florida 1 . ~ Y' $t. Ll1ClE' ~ COUNTY OF ~ . ~ : y` . (1~ ~ = 1 HEREBY CERTIFY, that o~ th~s day, before me, an officer duFy;~J~etif~fllnjA~-State aforesa~d and m the County aforesa~d to take acknowled9ments, perspnally appPared ' • to me k~own to be the person descr~bed - ` . t~ ~ ~ ~ ~ m and who executed ihe forego~ng mstrument and ~ ~ a~~b4vledgec~ betO~e me_~hat executed the same. ~ WITtdESS my hand a~+d offiaal seal ~n the County and State las a' t ~th~s ,~r day of "t'rll AD.,19~_. ~ ~ . ~ . Notary Pu bc ~ ~ ~ K~ (t R R~yComm~ ~o~• ~ QFfCOR1~~~~ 5~:K286 P~~~ 604 , ; :?.~v~tSSIC~N EXftltES DEC . 2~ 1981 4 6014-000-7 Rw 6/77 d~r~::;J ~HRU :,_r.ckA.l I'~S Ulv'UERvvxt ~ERS c..<~•.,<~.~., . ~