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Home My WebLink About0549 WITH FUTURE A~VANCE ~ ~ ~V~~ ¦ V«Vi. ~~~`u`~ ~7V THIS MORTGAGE. made ~h~s , 12 dav o~ . A.O., 19~$ . between' James B Elizer and Caa~ron T Elizer. his ~~E fMo~cgagorl a~? Sun Bank of St. Lucie County ~Mo~~~@?; ~Nameof Sun 8ank~ WITNESSEYH, that Mortgagor, !o~ a?x1 ~n co~s+derauon ol the prem~ses and in ordr~ to secu~e ~he payment o~ the pnnapal and ~nter~st o~ the note (as here~nafter det~nedl, Mortgagor herebY 9~ants, ass~yns t~a~slers and mortgages to Moitga9ee, ~ts successors and ass~gns ~orever, the fotlow~ng descnbed real prope.ty m $t+ LI1C~~ _ Count~, Fbrda, to w~i: Lot 3, Block 10, of SURFSIDE, UNIT ONE, according to a plat thereof recorded in Plat Book 10, page 17, of the public recorrls of St. Lucie County, Florida. ~ This is a second mortgage. ~j5 . ~wea, , 7~ Ous Or~ Clasa C Ima ible ~~:Of T~cq fIlEO AMD RECOROEO " " ~ ps~~~~~~ aT. ROCfR PO TRAS LA ~'~ant To Chap~~ 71~ ' Q OF F LO R ~ D A~ CLERK C~ACiIIT COU ROGER Pp~~pqg ~ OOCUMENTARY, !..'~•-~•~STAMP TAX~ r= ~ vF~~F~ED C~Q.t, C~rcun,~n~ S~ D£PI.Of RE1IE~IUE .~:r • ; - P~=w?Y~~•~ ~ 0 7 3 5 t MAr I1 12 3i PN'18 ~ . ~ _ ~ rnoz ~ 4U39U'7 (here~natter referred to as the Mortgaged Propertyl; and the Mort9agor does nereby~ fu11y warrant the t~tle to the Mortgagcd Property and w~d detend the same aga~nst the lawiu! cla~ms of a11 persons whomsoever. ' PROVIOEO AIWAYS, ~na~ ~r James E S Cameron T Elizer , the Makerls) of that ~Insert Namels)~ - certam prom~ssory note dated the date hereof Ithe Notel, t- h~r - he~~s, ~egal representat~ves or ass~gns shail pay to Mortgagee the princ~pal sum of S k$Z8• 60 as ev~denced by the Note, w~th ~nterest and upon the ~erms as prov~ded the~e~n, the t~nal maturity date oi the Note and of th~s Mortyage be~ng ~Y 16 , ig 81 , wh~ch Note prov~des ihai all ~nstallments ot prmc~pal and mter~t are payable at the oft~Ge of Mortgagee, or at wch other pixe as the holder may designate irt wr~t~ng, and that each maker. aod endorse. agree to pay al! costs of collect~on, includ~ng a reasonable attorney's tee, upo~ detault ~n the payme~t of the Note, a~d that it detautt be made ~n the payment ol any mstallment thereunder and that ~i wch default K not made good iR accordance with the terms of the Note, that the entire prmc~pal wm and accrued, earned mterest shalt become due and payable w~thout pot~ce at the option of the holder tbereof; and shall perForm and Comply w~tA each and every st~pulat~on, a9reement and cov enant of the Note and o( th~z Mortgage, the~ th~s Mortgage and the estate hereby created shail be vo~d, otherwise the saine shall rema~n ~n full tor~e. Maker covenants to pay the ~nteTest and pr~nc~pal promptly when due. Mortgagor covenants to pay the taxes and assess- me~ts on sa~d property; to carry mwrance agamst tue on ihe bu~~dmg on said land for not tess than $ na , app?oved by tAe Mortgagee, w~th riartdard maigage loss clause payable to Mortgagee, the pol~cy to be hetd by the Mortgagee and to keep ihe bu~W~ng on sa~d land ~o prOper repa~r. TA~s Mongage shall se~u~e not only ex~st~ng ~ndebtedness, but also wch tuture advances, whether wch advances are obl~gatory or to be made at the oDhon ot Mortga~ee, or otherw~sa, as are made wrthm twenty (20) years from the date hereof, to the same extenl as wch tuture advances were made on ihe da[e ot the ezecut~o~ ot ih~s Mo.tgage, but such secured rndebtedness shall not exceed at any ~ t~me the max~mum pnnupai arrouni of aa ptus mterest, and any d,sbwsements made for the payment :Y ~ + of taxes, levees, or ~nsurance, on th2 Mortga9ed Property, w~th ~Merest on wch d~sbursements. Any wch future advances, whether ob~gatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~iher prror to or after the due date of the Note or C ~ any other note5 secured by thK Mortgage. ThK Mortgage K g~ven (or the sFtec~fec purpose ot secu.ing any and all ~rxfebtednezs by the Maker to Mo~tgagee (but in rro event shall the secured indebtedness exceed at any tune the max~mum pr~nupal amount set iorth in this - ~ paragraph) ~n whatever manner thn mdebted~ess may be ev~denced or ~ep:ese~ted, until th~s Mortgage ~s sat~sf~ed of recqd. All cove- 4~~ nanis and agreements coma~ned ~n th~s Mortgage sha11 be apptKabte to al! furiher advances made by hto~[gagee ~o Maker under thK ~ ~ tuture advante claus¢. ~ Should any of the above covenants be broken then the Note and al! ma~eys secu~ed hP~eby shall, wrthout demand, ~i the Mortgagee, so elect, at once become due and payable and th~s mortgage may be ibredosed, arxi all costs and expenses of collect:on and ~easonable a~torneys' f~s, mc~udmg costs, expenses a~d reasonable attorneys' fees on appPal, ~t Coflected by legal proceecl~ngs or through an attoiney at law, sha11 be paid by the f4laker, and the same are hereby secured. Z e~ . ~ IN WITNESS WHEREOF, the Mort9agor has execured th~s Mortyage as of the date f~rst above set fo~th. /67 • ~ S~9ned. ?ed and delwereci . . - ~n Our r nCC: . ~ /1 _ ~ ~ ISEAII s E Eli~~4`c~°`j • ~ ~ ISEALI Cameron T BT4.~P~ ~ STATE OF Florida ~ ~ 1 COUNTYOF $t. Lucie ~ 1 HEREBY CERTIFV, that on th~s day, before me, an ofhcee duly,au~hF{iieell' p?t/~rsfate afo~esad and ~n the County aforesad James E ~ Caa~tos~.•.• to take acknowledgmen;s, personai~y appeared ~ „~?'__r,~'rrle known to be the person descr~bed ~n and who executed the tor ~n ~nstrumen~ and they ~j t~y ~ 9 -~Iwc y~~.tPr~nN tFjat execu~ed the same. .F. WITNESS my hand and ofl~c~al seal ~n the County and State ~asta tb~ " ay of -~Y , A.D.. 19 . # v~' . r. ~,'i~ ~ Notary PuWiG;i %......i~'~~i~ - a~~Q~ ~ ~ ~ Mv Comm~ss`r~?,~p~ L~ V~x 4~Z!~ iC' S'Att n- ..Q ~ r~# t,- ,,t ~"t t 1AY.!_t';ft1.r1~.S10+? e:ck~", a ~60 t 4-000-7 Rev. 8/77 t ~Oi~w:J jMttl ; ; ;5 . . , . ~ ~ ~ . y ~ ~ f R~" _ ~ ~ - - - - - - ; - _ ~ ~ ° > ~ - - { R'~ " ' _ u:~'-:'~'~.5 .