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Home My WebLink About1577 oIRECT NOME IMPROVEMENT MORTGAGE 4138 WITH FUTURE ADVANCE THIS MJRTGAGE, made thrs ~ 12th day of March _ _ A_p., lg 79 1 , be,~„een J. Gary Anent and Judith 8. Anent _ IMortgagorl and Sun Bank of St. Lucie County IMortgagee?: (Name of Sun 13ank1 i . WITNESSETH, that Mortgagor, for and rn consrderaUOn of the premises and rn order to secure the payment of the principal and interest on the note las hereinafter defrnedl, Mortgagor hereby grants, ass. ns transfers and mortgages to Mortgagee, its successors and assigns forever, the following described real property rn St. LuC~e County, Fbrrda, to wit: Lot 1, Block 3 and East S feet of vacated alley adjacent on West, NBBRASRA COURT, as per plat thereof recorded in Plat ~ y Book 5, Page 48, of the Public Records of St. Lucie County, Florida. i - This is a Second Mortgage ; ~Q' i F:L~D nr:o ,FCO~oEO r~r i L:1~IE C~UNTY.FL;..` Dus On Class M Pavrrnnt Of T ~ i•• 438138 Pur C ~men9ib~eP,. axes r suent To Ctta ter 71, 134. r .alAroueny ? t ~ X79 PIE;f~ 22 w'1 9 31 RnGEF F ~ ::f 1971. . ~ p~ ~rcuit OITR~ m~ f ~ ` i, r- :at7 f F - Court. St. ~ ~ , CLERK C(RCUfT COi1FT (hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wirl defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if J. Gary Anent and Judith E. Anent ,the Makerls? of that [Insert Namels?1 certain promissory note dated the date hereof (the Notel, their heirs, legal representatives or assigns shall pay to Mortgagee the principal sum of S 3,195 • as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being Mar _h 16 , 19.84 ,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 writing, 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 if default be made in the payment of any installment thereunder and that if wch default K 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 notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherwise the same shall remain in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants fo pay the taxes and assess- ments on said property; to carry insurance against fire on the building on card land for not less than S n/a ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper repair. Thrs Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or 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 rf wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall rtot exceed at any ~j time the maximum principal amount of S n~a plus interest, and any disbursements made for the payment ~ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or LL • 1 any other notes secured by this Mortgage. Thrs Mortgage is given for the specrfic purpose of securing any and all rrsdebiedness by the ~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this t paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs saasfied of record. All cove- - `t,t.,~ Hants and agreements contained rn this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this j future advance clause. s - Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, ri the .1t Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ti.~ reasonable attorneys tees, including costs, expenses and reasonable attorneys' tees on appeal, rf collected by legal proceedings or through an attorney at law, shall be paid by the Maker, and the same are hereby secured. z ? i IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date fast above set forth. I S~ned, sealed and delivered m ou: pr Bence:. ~~+C1E~ ISE - s (Mortgagor 1 a STATE OF Florida 1 1 St. Lucie J COUNTY OF 1 ~J r' S~ I HEREBY CERTIFY, that on this day, before me, an off" ~Isl aut ~~ed rn the State aforesaid and rn the County aforesaid (W3 to take acknowledgments, personally appeared J. Gard petit atst~ Iiidith E~ to be the person described ~ - • i m and who executed the foregoing rnstrumen[ and t :::~,~c~lgyvlddged before me that they executed the same. ` • ~ - ~i, ~5 WITNESS my hand and offraal seal in the County and State fast of id~this " ~ day of March , A.O., 19 11. - ~1 , -Ci.-JL-~1 ~ • _ ...g ~Mgi'bry ~ 1t•'~ • i.e ta~RLlr c-; A'T r., r. PK AT ~1 My ~ommifsigiY~xpires: Vim. r- _ ,~A~ J •'r_>• " . 2 7 - I a-cola-ooo-7 Re~?. eln 90G~ ~~Q~ r.K.r~...~