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Home My WebLink About0306 i T H FUTURE AOVANCE ~ •v ¦ ¦ v• v`. 41b rb r ~ THIS MORTGAGE. m.xfe ttus d.:y .~1 ~@j?~f,'Rt2E:L__ - . A 19 1~ _ , betwe~n ~ John V. Swartz and Jac9ueline A. Swartz~ his wife ini~„y,,,,,,~ ,,,x~ Sun Bank of St. Lucie County _ ~nno,ty;,yer?: INa~neot Sun Bankj - WITNESSETH, tnat Mo~tgayo~. ~o~ anct m COns~der~[~Jn Of the p~em~ses and ~n o~der t0 zrcu~e ihr paynirnt ol ~hC Pnnc~pat ,~rxi ~nterrst on the note ias he~e~~afier ACLnecfl, hlo~ty.iyor hrreby y~Jnts, a'si~g~~s t~d~~slers and mortya3es ~o ~io~~y~gee, ~1s zuccrsso~s arxi ass~gns (Oiever, the lolfow~ng desc~~ed ~ral p~oPe~tY ~n _ St•_ I'uC~e County, F~o~kla, to ?wt: Lot 8, Block "A", RIV~RWOODS SUBDIVISION as recorded in Plat Book 18, Page 4, Public Records of St. Lucie County, Florida a~~o e 3.~"~ ~ ~,~,r,~,+e ot T.~.. Due On Class "C' InbnObl~tif~OnNPropKty. (This is a Second Mortgage) ou?suant To Ch~p~t~r 71.1~4„ AQb OI 18~1. ' ROOEII'OITRAB ~j f1e?A C~rcuM CouR. S1. 4~i~, Co.. FI~. ~ ~ ~~4 0.E„~TRGE,~ I~~ . . . : - ~ _ ; ~ . _ ~ SS`~~~~E ~~r~NRAS` - . ' ROCt ^ r~L'a ~ - ~ ~ ~ .ti~ . . - ~ ~ ~ -C[ -`t''~ . ~ - C~F : r,:~- ~ : - ~ ~ ~ ~ ; ~ AM'~g ~ ~ Sr: 12 9 us . - - 416'76'~ ;here~nafter re(erred to as the Mortgaged Property?. and the Mortgager does hereby tulty warrant the UUe to the A1or~gagecl Property ancf w~N deiend the same agamst thF lawful cla~ms ot all persons whomsoever. PROVIDED AIWAYS, tnat ,r John V. Swartz and Jacqueline A. SWSYLZ ,~he Make~(s) oi that (Insert Namelsl) certa~n promissOry note dated the date hereof (the Notel, their he~rs, legal represeniat~ves or au~gns shall pay to Mortgagee the pr~nupa~ sum of S i l, 616. 70 ~~,denced by the Note, with ~nterest and upon the terms as prov~ded there~n, the f~na~ maturity date of the Note_ and of thls Mortgage be~ng September 11 . ~g 88 , wh~ch Note provides that alt mstallmc~nts of pnnc~p2i and mterest a~e payable at the offrte of Mortgagee, or at wch other place as the hc~der may des~gnate ~n wr~ting, arxl that each maker and endorser agree to pay all cosis of colleCt~on, includ~ng a reasonable attorney"s fee, upon default in the payment of the Note, and that if defauit be made m the payment oi any installment theraunder and that rf wch de(au~t ~z not made good m accordance wrth the terms of the Note, that the ent~re pnnapal wm and accrued, earned ~nterest shall become due and payable w~thout nohce at the ophon of the hotder thereof: and shall per(orm and compiy wrth each and every st~pulatb~, agr~me~t and cov- enant of the Note and oi thls Mort9age, then th~s Mortgage and the estate'hereby created shall be vo~d, otherw~se the some shall remam . ~n fuli for~e. Maker covenants to pay the ~nterest ar+d pr~nupal promptly when due. ~~Aortgagor covenants to pay the taxes and assess- ' ments on sa~d propesty; to carry ~nswance against f~re on the bu~idmg on sa~d land for not Iess than $ ~ , approved ~ by the Mort ee, w~th standard mat loss clause a abie to Mort y to be neld'by tAe Mort ee and to keep ihe f 9ay gag¢ P Y gagee. the pofic 9a9 ~ build~ng on sa~d land in proper r~ir. ~ ~ Th~s Mortgage shall secure not only ex~stmg ~nc3ebtedness, but also wch tuture acfvances, ~vhether such acivances are ob~~gatory or 3 to be made at the opt~on ot Mortgagee, or otherw~se, as are mode w~ih~~ twenty 1~01 years irom the date hereot, to the same extent as ~ ~f wch future advances were made on the date ot the execut~on of th~s Mortgage, but such secured mdebtedness shall not exceed at any ~ t~me the max~mum prmc~pat arrount of S ~ pius ~nterest, and any d~sburseme~ts made for the payment ~ of taxes, iewes, or insura~ce, on the Mortga9ed Property, w~th mteresf on wch d~sburzements. Any such fuwre advances, whether ' ~ obigatory or to be made at the optron of the Mortgagee, or utherwise, may be made e~ther pnor to or atter ihe due date of the Note or 5~:; any other notes secured by th~s Mortgage. Th~s Mortgage a g~ven tor the speuttc purpose of secunng any and all ~ndebtedness by th~ ~ - Jt ~ _ Maker to Mortgagee (but ~n no eve~t shail the secured ~~debtedness exceed at any t~me the max~mum pnnc~pai amoum set forth ~n th~s _ w~ paragraph) m whatevPr manner th~s ~ndebtedness may be evuienced or represented, uni~l th~s Mortaage ~s satisi~ed o( record. Ail cove- ~ - , i nants and agreements conta~ned ~n th~s Mortgage shaH be appl~cab~e to all (urther acivances made by Mortgagee to M~ker under th~s ~ ` u futyre advance ciause. Lc~ y~ ~ Should any ot the above covenants be broken then the Note and all moneys secured hereby shail, w~thoui demand, the Mortgagee, so elect, at once becomc due and payable and this mortgaye may be foreclosed, and a11 costs and expenses of co~lect:on and ~ ~ - - SC ~ rea;onabie aitorneys' 1ees. ~nctud+ng costs, ~zpenses and reasonable at?orneys' (ees on appeal, rf collecied by Iega! proceeclmgs or ` through an attom?y at law, shall be pa~d by the Maker, a~d the Same are he~eby secured. x1 , ~ •J' i ' ~ IN WITNESS WHEREOF, the Mortgagor has executecl th~s Mortgage as of the date first above set lo~th ~ - ~ ~ S:g , aled d d vered m p sEnc ~ ~ ~ ti - r~ Ib~AL! . ` O ~-~(htort9ag ? ~ ~ 3 `'£1t-~JYI•.yc,l. L1_} /fSEAL) ' , _ ~ IMortgagorl ~ _ - X STATE OF Florida ~ ; 1 COUNTV OF St. Lucie i ~ 1 HEREBY CERTIFY, that on th~s day, before me, a~~ officer duly authoni~ +p.tAe State af~resaa and m the County a(oresau~ to take aCknowiedgments, personally apoPar~ John V. and_Jacqueline~ A. 5~~~~p,Nn to be the person descr~bed ~n and who ezecuted the foreyo~ng ~nstrument a~d -~~t aCkqowJeEped betore me that theY executed the sa ~e. ~ Se tember ~ WITNES my harxf a~d otfic~al seai m the County and State tast afbr th~s 8 day of p . rv• AD,l9~ _ / ~ No ryPub:iS. 7~~J7~lbtAR~I'~ ^:i~ AT111 J= i Comm~zsion.Expkes; - '~AI' C~C~M'~ - ~ ~ ' i : 3 "/81 ~~~x 294 P~ 3~~; , : ,:.s ~ , ~ , ~ 5o,a-ooo-~Rev.8/77 E.K~,~o.~, ~ _ . _ . . . - - - - - - - - - -i- ~ ~ ~ . ~ x ~ ~ s~ ~ ~ ~ _ ~ ~ ~ ~ ~ ~ _ ~ ~ rt.-: -;-F' y 'k ?S X ~~~~.~".~+~.w~-.°~a:~~"^~~'~ ~r~ - . _::-rx.^"'~5=,.-_ ~~~~.'t` .~x'