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Home My WebLink About0371 . ' ~ DiRECT MOME IMPROVEMENT MORTGAGE ~ :YITH FUTURE AOVANCE _ ~ . WV THIS MORTGAGE. rnacte Ih~S ---21_-----_ tiJY of - A~1$~_-_- . A O, 19 78_ . ba~v~ern Chester F. Macy and Lelia B. Macy, his aife - - IRii~~tyaynr) .~nc1 Sun Bank of St. Lucie Count rZ------------------------- ~ti+o~~y~~r?: (Nameof Sun BankJ WITNESSETH, tnat Mo~igagor, to~ arxi.~n cons~de~at~on of the prrm~;es and ~n orde~ to srcuie the paV~~ent o1 the pnnc~pal ancf ~merest on the note (as here~nalter dr(medl, hto~tyayor nrreby grams, ais~gns t~ansfe~i a~~d mor~y,,ges ~o A1o~1ga9~e, ~IS succrssois ancf &ss~gns torever, the foltowu,.; dre~~,p~ reol pro{~er[Y ~--_.$r,.-_I„~~------------_-___ Cowny, FlorKf~. tow~t: WeSt I.Ot : Part of the North of Lot 244, WHITE CITY, according to the plat thereof as recorded in Plat Book 1, Page 23, Public Records of St. Lucie County, Florida. More particularly described as follows: Beginning at the NW Corner of Lot 244, run Southerly 331.5 feet to the South line of the North of Lot 244; thence run Easterly 200 feet to the point of beginning, thence run Northerly 146.4 feet, thence run Easterly 75 feet, thence run Southerly 146.4 feet, thence run Westerly 75 feeti to the point of beginning. . _ 1~ (This is a Second Mortg~~~E ~,~p~Ep O• 77 ~ C fr ~1~. ~ ~~u 0/ TaaeM RucER POITRAS Ou~ On d~~a "C• t.~..,.,~ ~ ~=Y~ ~~~CUIT COURT p~want To Ch . t f~ ED aMer 71. 134. Acts 011i71. ~ . _ . Auc t5 4 n9 PM'1g a«+~ c~ 415002 . ~ p (here~nafter relerred to as the Mortgaged Propertyl; and the Mortgagor does hereby fuily warrant the htle to the Mo~tqagecf Property ~ i and wni detend the same aga~nst the lawful claims of all persons whomsoever. ' PROVIDED A~WAYS. ~na~ ,r Chester F. and Lelia B. MSCy ' , the Make~Is) of that 1.•:.: [Insert Namels?) terta~n prom~ssory ~ote dated the dare hereoi (the Notel, their hens, Iega~ representauves or au~gns shall pay to Mortyagee - ~ the pnncipa~ sum of S 5385. 3~+ as ewdenced by the Note, wrth mterest and upon the terms as prowded iherem, the final - matur~ty date of the Note and of this hlortgage being AUgUSt 26 , tg 83 , wh~ch No~e prov~des that ~ , ali ~nstaliments oi pr~nc~pat and mterest are payable at the ofhce of Mortgagee, or at wch other place as the holder may des~gnate m wrrting, and that each maker and erxlor~r agree to pay all costs oi collecuon, Inciud~ng a reawnable attorney's fee, upon default ~n the ~ payment of the Note, and that it default be cnade ~n the payment ot any installment thereunder and that ~t wch default n not made good ~n eccordance w~th the terms of the Note, that the entire princ~pal wm and accrued, earned ~nterest sha11 become due and payable w~thout not~ce at the option of the holder thereof; and shall per(orm and comply w~th each and every stipulatan, agreement and cov- enant of the Note and o( th~s Mortgage, then th~s Mortgage and the estate hereby created shall be void, otherw~se the same shall remain ! ~n full force. Maker covenants to pay the mcerest and pn~apal prompNy when due. Mortgagor covenants to pay the taxes and assess- ~ ments on ~ed property; to carry msurance aga~nst fere on ihe bu~lding on sa~d land for ~ot less than $ na , approved ! by the Mortgagee, w~th standard matgage loss clause payable to Mortgagee, the pol~cy to be held by the Mortga9ee and to keep the f, bu~ld~ng on sa~d land in proper repair. ` This Mortgage shai~ sec~re not only ex~st~nq indebtedness, but also wch future advances, whether such advances are oblgator or Y to be made at the opi~on ot Mortgagee, or otherw~se, as a~e made withm twenty (20) Years irom the date hereof, to the same extent as "t :s. ~ ~ ~f wch tuture advances were made on the date of the execution ot th~s Mortgage, but such secured mdebtedness shall not exceed at any ;r = ~ nme the max~mum pr:ncrpal arnount ot S na plus ~nterest, and any d~sbursements made for the payment ; : dJ of taxes, levoes, or msurance, ~n the Mortgaged Property, wrth mterest on wch d~sbursements. Any such (uture advancez, whether - ~ y,~,~ oblgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made erther pr~or to or after the due date of the Note or ~ _ yl any other nptes 5ecured by this Mortgage. Th~s Mortgage n grven for the specd~c purpose of secu~mg any and all ~ndebtedness by the Maker to Mortga~ee (but ~n no event shall the secured mdebtedness exceed at an time the max~mum r~nu al amount set forth m th~s ~ - p.' Y P P ~ { paragraph) ,n whatever manner th~s ~ndebtedness may be ev~de~ced or represented, until thls Mortgage ~s sat~sf~ed of record. All cove- ~ ~ nants and agr¢ements co~ta~ned m th~s Mortgage shall be appl~cable to a11 turther advances made by Mortgagee to Maker under thn ~ :i.; future advance dause. ~ ~ . Should any oi the above covenants be broken then ?he Note and alt moneys secured hereby shall, wuhout dema~d, d the ¢ x: Mortga9ee, so e1e~t, at once become due and payable and thiz mortgage may be (oredosed, and all costs and expenses of collect~on arxf ~ M, ~eazonable atto~neys' fees, includ~ng costs, expenses and reasonabte attorneys' fees on appeal, 1( collected hy le9at prpceecl~ngs or ~ th~ougfi an attorney at law, shatl be pa~d by the Maker, and the same are hereby secured. ~ = J ,i - IN WITNESS WHEREOF, the Mort r has ezecuted th~s Mort ~ 9a9o gage as o( the-d~te i~~sT above set for;h. ~ - ~ Sgned. yeaied and dei~vered ' ~ s m our p esence: . ~ ' ~ ~ ~ ~ - - ISEAI) ~ (Mort agor) C~ ` ' U-'~''~''e / _ ISEAU ~ ' (Mortgayor~ ~ STATEOF Florida ~ A St. Lucie ~ • COUNTY OF ? . j S ~i,i • 1 HEREBY CERTIFY, that on th~s dav, before me, an dffa~,lr"tfu~y,~ytbonzed m the State aioresa~d and m the CounTy aforesa~d ~ ~o iake acknawledgme~ts, perspnally appParedC~ster~~F~ ead,~~#8 B. ~CYto me known tb be the person descnbed . ~ ~ ~`i i ~ ~ ,~t ~n and who executed the torego~ng ~nstrument and aCKn~ledged before me that _Th~y executed the same. ~ • c-:~.~. - ~ W1T~11~SS my hand a~+d o:fK~al seal ~n the County.ar?t~ S~t4 last a ~sa~ ~ 1f?i~ ~ 21 day o( AuguSt , A.D,t97 ,j ~ ~ fl R !~''NPia:yTutl, ; aQf ~ / 93 ~r~vE 3?~ ~MY Corttrhrsa~on Exp~res:, _ - _ t_. ' • ~ J.Rr t ~p : j 4- ~ 0 0047 Rev_ 8/77 ' ~ ~o ~ f ~cwwe?.e~ . . . . . . _ . . _ . . _ . ~ ~ - . . . . - _ . " ~ ~ ' _ ° ~ ~ - ~ - ~ ..~'~'a ~ ~ _ #t -.~~-.,~~~'v'=,`.~.k'~~..c. , ~