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Home My WebLink About2720 urnet,r rwma tntrnwt:mcrvr WITH FUTURE A!]VANCE THIS MORTGAGE, matte this _~.~._A cWy AI ._~$~$r A O., 1977____ , ben~een Ronald J . Carroll and Mona M._ arroll his wife t 161ortyayorl and .Sun Bank of ~t . Luc~~S-Q.ulltx - - _ - IMortgagrel: (Name of Sun Bank 1 WITNESSETH, that Mortgagor, for and m cpns+deratron ot.the prem+ses and rn o+der to secure Ure payment of the prurcrpal and +merest on the note las hereinafter defined{, Mortyagor hereby grants, ass+gns transfers and mortgages to Mortgagee, rtssuccrssorsarxf ass+gns forever, the follow+ng described real property en ~tr ~I,uCie-- Crwnty, FlorKta, to w+t: The South 160 feet of the West 272.25 feet of the East 312.25 feet of the Northeast ~ of the Southwest ~ of the Northwest ~ of Section 17,. T 35 S, R 40 E, St. Lucie County, Florida 3~ _ Recsivtltd f ~ ~ M Pfyllt«K OI TaloN ' Due On Class "C" Intaftpibb pw~pty~ p~~ pursuant TO Chspter 71, 134, f~Ctt Ot a ROGER POITRAS clerk Circuit Coun, St. Lucie, CO„ Fly, m SZ"ATE `,F L~RI~A ~ _ r STAMP T!, i~:s~ :.i:~; ti~CORD_E~: ~,7 DOCUh1ENTAft_ - ! . _ t ~ ~ ~f OF NEVEY:1 f ~ }j ' ~ L ~v`V. L:.. _ , Pe _ ~ ~ ~ 431385-. . '19 tJ':'' 19 AM 1 t : 3 3 q (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully wnrlaelR;tfu trtl~te the.Mortgagud,Property and will defend the same against the lawful claims of all persons whomsoever- ~ ~ ' ' ' ~ - - ' • PROVIDED ALWAYS, that if ,the Makerlsl of that Ilnsert Namelsll certain promissory note datedd the date hereof (the Note), _.t~i~ hems, legal representatives or ass+gns shall day to Mortgagee the principal Sum of $10~8D5~96 _ as evidenced by the Note, w+th interest aril upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being 01-16 19 8 7 ,which Note provides that all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in wr+ting, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the payment of the Note, and that of default be made in the payment of any installment thereunder and that if wch default is not made good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable without nonce at the option of the holder thereof; and shall perform and comply with each and every stapulafion, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain - in full force. Maker covenants to pay the interest and principal promptly .when due. Mortgagor covenams to pay the taxes and assess- ments on said property; to carry insurance against free on the building on said land for not less than S NSA ,approved by the Mortgagee, weth standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on sa+d land in proper repair. Th+s Mortgage shat) secure not only ex+sting +ndebtedness, but also wch future advances, whether wch advances are oblgatory or i' • to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as I if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shat! not exceed at any _ t+me the maxemum principal amount of S N,A plus interest, and any d+sbursements made for the payment _ of taxes, levees, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether ~ gblgatory or to be made at the option of the Mortgagee, or otherwise, may be made ether prior to or after the due date of the Note or vv~ any other notes secured by this Mortgage. This Mortgage is given for the specdec purpose of securing any and all irxlebtedness by the htaker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum pnnupal amount set forth in this I = Qt `ii paragraph) in whatever manner thes indebtedness may be evidenced or represented, until this Mortgage rs sausfeed of record. All cove- Hants and agreements contained in thrs Mortgage shall be applicable to aft further advances made by Mortgagee to Maker under this > future advance clause. ~ - Should any Of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, it the Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection aM reasonable attorneys fees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by legal proceedings or - a' through an attorney at taw, shall be aid b the Maker and the same are hereb r t P Y y secu ed. • IN WITNESS WHEREOF, the Mortgagor has executed th+s Mortgage as of the date first above set forth. - a3'. Sgned, sealed and d2tive ed Ronald J. Carroll in r presence: i ~ ` ISEAL) G - (Mortga - _ (SEAL) ih rtgagor) Mona M. Carroll _ STATE OF Florida { 1 COUNTY OF St , Lucie ? - 1 HEREBY CERTIFY, that on then day, before me, an o(f+cer duly authorized +n the State aforesaid and in the County aforesad to take acknowledgments, personally appeared R Wald J . & ~4ox1a M, to me known to be the person described rn and who executed the foregoing +nsttument and the.7 ~ac~k7foli~edged before me that the executed the same. r , WITNESS my hand and offiual seal in the County and StateJast tprPSai(11(hrZ-_ Ilth. day of -Tgj1ua~T, A-D., 19 . _ _ - •NIO L/ry~9tibliC ~r ~ ~ `--.1~jn~omm+ssron ~>lpirp's: ~A1R'1' fNIIIC STAi'E tDi iLORIDif1 AT LAS f ~ - Ml' t,UMMfSSI(~ EIVIRES OEC 3 1982 4 6014-000-7 Rev. 8/77 g~~ ; r. - • • t,• ~ . v E.e!~rne V..ss ~~y ~ a' z _ _ } ~ - _ REQ.. - -