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THIS MORTGAGE. mad~ ~n~s 16~ ` d~y ot ~y . A.D., i9 78 . W1wt~rt
William E. Grace and Margaret W. GraceL husband and Wife and Jaa~es A. G
~1$apo.? and
8 Sun Banic of St . I.ucie Count
- . r~! --w (Mortp~pe~l:
l Name o~ Sun BankJ
W1INESSETH, tnat Mo~tp~~or, lo? •nd ~n consde~stan ot the premisss and m o~de~ t0 seCUr~ tht psym~nt oi tM D~~r?uM~ ~nd
~nta~st on IM no~e (as ~ere~n~ite~ def~~edl, Ma~paqo. haeby yr~~tti, ats~yns uanslert u+d mc,rt~spet to Mo~tyapee, ~ts waasat and
~sipnt lo~ew~, tM lotlow~?g desu~~d rea~ prope~ty ~n $t. Lucie COUI1t]I Coumy, Fbr~ds, to w~t:
;.ots 4 and 5 of Block 6 of KANAWHA-PARK as per plat of said
subdivision on file in Plat Book 3, at page 6 of the Public Records
of St. Lucie County, Florida.
(This is a second Mortgag,e) ~
3° .
3~ Rsciirrod • T ~n P~~t 01 Taoqs
Due On C1sss C
. ~~~{~j~,~COUNTY fl~. ~'ursueM To
o~ LU R I ID A ~ ~aceR ~o~T~~s ~s~. ~ a ~t.
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ARY`, .~STA___M~ ~l'`)4I : CI~pK C~~fU~ COU Cts?k Cncuit R~g PQiTRAS 9~ ~
EYENUE e ~ E•~-~ ~~t. L L,uC~ Cpi,, ~
OfPt.OF R ~ I
_ P0. = w?ri~~~~~, ~ 0 3. 3 0 1 MQY I7 IZ 31 PN'~~ ,
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(I+Ke~nafter rofer~ed to ss the Nlwt~peA P~opertyl; s~d the Mort9ayor does hereby lu~ly warrant the t~tte to thc rAortgayect Property
~nd will de(end the ssme apainst tM lawful elsims ol all persons whomwe~rer.
PROVIDED ALWAYS. ~nat u ~iillian E., Margaret W. and James A. Grace ,~heMaker(slQfthst
. - (Insat Namels)I '
catsi+~ promisso~y nou dated the dste h~reof ~th~ Nottl, thpi * heus, kgal rep?esentairves or ass~g~s shalt pay to Mortgagee
tM p?incipil ~urn of s 21~8- 72 ~s evdenC~d by the Note, with interest snd upon the terms as prowded these~n, the ~inal
msturity datt o1 the Note and of this Mortpspa beiny ~y 11 , 19 '80 , which Note prov~Qes that
all insulNnents ot princ~psl and interest an psyable ~t th~ olfice of Mortyspee, or st such other ptxe as the hotde~ may desi9nate ir+
wr~tirg, snd that eaeh maker and andorser apre~ to p~y ~If costs ot toilection, includ~ng s reafonable attorney's ~ee, ~,pan delault m the
psymM~t of the Nots, snd thst if defsuft be made in tht payme~t ot ~ny installment thcreunder and tha~ ~f wch cfefault K not made
yood in aceadanee with the tams Ot tM Note, that thesntire prmcipal sum a~d aaruad, earned mte~est shall becort~e due a~d payable
without notice st the option of the hokter thereol; end sh~if perform and compfy with exn arK! every st~pulatwn, agreement and eor.
enant o! the Note and oi this Mortga9e, the~ th~s Morty~gs s~d the estst~ hereby cr~ated shall be void, othernnse ~t?e same shatl ~ema~n
in full force. Maker covenants to pay tAe interest ~nd princpal promptly when due. Mortgagor cove~ants to pay the taxes and assess-
ments on said property; to cxry inwrance agai~st fte on the bu~lding on ssid la~d fo. not less ehan s na ~ ,~o~
by the Mortyayee, with sisnda?d mwtgage bss clsuse psyable to Mortgagee, the pot~cy io be Neld by rhe 1Aortgagee and to k
eep the
bu~ld~rg on said land in proper repair.
Th~s Mortgage stwll sewre not onty ex~sting indet~tedness, but also sueh future advs~ces, whether wch acivances are oblgatory or
to be msde st the optiw~ of Mortqagee, or otherwKe, as are made w~thin twenty (20) ywrs Irom tKe date hereof, to the same exient as
~f ~h future sdvances were made on the date of the exeata~ ol this Matyage, but wch secured mdebtep~ess shotl not exceed ar a~y
time the max~mum prmcipal artwu~t oi S na p~us~nterett, a~d sny d~sburscmenis made tor tAe payment
ot taxes, lev~es, or ~nwrsnte, on the MortqspM Property, wiih i~terest on suth d~sbursements. Any wch luture advances, whether
~ oblgstory or to be made st the optan ot the Mortgqee, or otherw~se, may be msde eithe? prior to o~ after the due date of the Note ar
a any otha notes secured by this Mortyape. This Mort9spe a 9iven lor the tpeciiic purpose ot ~ecur~ng any and all mdebtedness by the
Msker to Mortgagce Ibut in no eve~t shsll the sewred i~debtedness exceed st any time the maximum pi~nc~pal amount set (orth ~n th~s
~ para~raph? m whatever manner this indebtedness may be tvidenced or represented, until 1h~s Mortgage is sat~sf~ed oi record. AIt cove-
~ ~ants and a9rcements contained in th~s Mortpage shall be sppliabk to all fu.ther advances made by Mor~gacpe ~o Maker under tha
~ fuwre advance ctause_ -
F,
' Shou{d arty ot the above covenants be broken then the Nute ard all moneys secured hereby shall, w~thout drmancf, the
~ Mwtgagee, so elect, at once become due snd pay~bk snd this mortgage may be loreclosed, and alt costs and expensr.s of cotkct~o~ and
~ ressonabte ~ttorneyi tees, includ~ng costs. expenses ~~d ~qfp~ebte attorneyi lees on appeet, it collec~ed by legal proceed,ngs or
¢ throuqh a~ attorney at Iari~, shsll be paid by the M~Icer, ~nd the seme are her~by senered_
u~ ~ -
2
IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage n of the date flrst above set tor~h.
~
S ( Sp led s~d de nered
m r~r e:
' illi~ E. @ ISEALI
- ISEAL)
" g8 t . ~gor)
STATE OF Florida ~ ~ ~SF.~'~
~ s A. Grace
couNTV oF St. Lucie ~
I HEREBY CERTIFY, that on thn day, befor~;~~;~j a{~~elyly auttwri:ed the State aforesad and ~n the County afo~esa~d
to take acknowledgmenis, pe~so~ally appeared et ~ JaII~B
. , oown to be ihe person deunbed
~
~n and who executed the ioregomg ,nstruman~ ard R "s_cknow~edqed betore me snat ^they executed the same.
WITNESS my hard ~nd off,c~al seal ~n th -'~.Cpu~ty~sn~'S'late last ~ h~s day ot ~v
A.D., 19 a.~._ . _~r g~` G ~
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~if' ~''o.....:.
Pubt~c 1KYfI1R~' /UlLtC STATF ~ FLORIQA AT IAKf
e~28~ ~ ~~'~i~ M amm~ss~onExp~.es: ~MC~UAANI~.I'SlONEAI~F'SA/R.2,f 19~1 _
~1~ D~11 GYBK 1~16. IN~MIL11l~
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