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~X MORTGAGE 4419so
THIS MORTGAGE, made thrs day of April A.p., 1979 _ ,between
_ Howard R. Brown and Barbara C. Browns hif3 wife _ (Mort r) and
Sun Bank of St. Lucie County _ ,Mortgageel;
~Nameot Sun Bankl i
WITNESSETH, that Mortgagor, for and rn consrderauon of the premises and rn order w secwe the payment of the pnnupal and
interest on the rate las hereutalter deLnedl, Mongagor hereby grams, assrgns transfers and mortgages to Mor tyagee, its successors and
assrgns forever, the following described real property rn S.t- Lu~ip County, Fbrrda, to wet:
Lot 7 of Block 1 of LILEM SUBDIVISION, as recorded in Plat Book 9, _
at Page 73, of the Public Records of St. Lucie County, Florida.
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Rea1w0 a ~O. ~ ~ In rsrns~lt Of Tsow
Oue On Clsss "C" Intmpble Psfrsosrrl Pr~opstq, '
pu?suem To ChspRst 71.134, Aces 0/1~171.
• ROGER POITAA$ 9c'~'(
(This is a Second Mortgage) G~LE~ ~ECORD&'~? Circuit Coultr St. Lucie, Co., Fle.
Y 4-41.,1950
T_ (herernafter referred to as the Mortgaged Proptfr-j~~~(t r~ (lilpji~~gor_t~; }tejeby fully warrant the true to the Mortgaged Property '
and wirl defend the same against the lawful claims of ail persons whomsoever. J
PROVIDED ALWAYS, that if Howard R. ~ Barbara C. BTQwil ,the Makerls) of that
(Insert Namelsll
! certain promissory note dated the date hereof (the Notel, their heirs, legal representatives or assrgns shall pay to Mortgagee
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M. T the pnnupal sum of S ~ as evidenced by the Note, with interest and upon the terms as provided therein, the hrral
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1 maturity date of the Note and of this Mortgage being April 21 , 19 82 , whidt Note provides that
• t ~ ~ 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 rn the
_J ~ • ` • payment of the Note, and that rf 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, earrEed interest shall become due and payable
'-t% ~ 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 void, otherwise the same shall remain
in full force. Maker covenants to +
r,._ ~ pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- r
ments on said property; to carry insurance against fire on the building on said lard for not less than S ~ ,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.
This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or 1
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
rl wch fuwre advances were made on the date of the execution of this Mortgage, but such secured indebtedness shay not exceed at any
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trine the maxrmum pnnupal amount of $ ~ plus interest, and any disbursements made for the payment
y" ~ of taxes, levees, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether
U I oblgatory 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
< v any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of secunng any aid all indebtedness by the
r~ ; Maker to Mortgagee (but in rto event shall the secured irdebtedness exceed at any time the maxrmum prinupal amount set forth in this
paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. All cove-
I Q , ~ i Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under flies
~ i future advance clause.
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z ~ Should any of the above covenants be broken then the Note and all moneys securr~cl hereby shall, without dema:xi, rf the
~ ~ :n X Mortgagee, so elect, at once become due anti payable and this mortgage may be foreclosed, and all costs aril expenses of collectOn and
V J' O ~ reasonable attorneys' tees, including costs, expenses and reasonable attorneys tees on appeal, rf collected by legal proceedings or
_ Gil I through an attorney at law, shall be pad by the Maker, arxd the same are hereby secured.
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U' O ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date fast above set forth-
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- Signed, sealed and delivered -
rn our pr nce: '
~ - - ISEAU
t ~ (Mortgagor)
- . (SEAL{
Ifatortgagor l
STATE OF Florida 1 - •
St. Lucie 1
COUNTY OF )
I HEREBY CERTIFY, that on flies day, before me, an officer duly autharrred rn the State aforesad and in Ifie C~,luy aforesaid ;
3 to take acknowledgments, personally appeared HOWard R. Sr Barbara Brow40 me known to be :the_plrsftr? described ` -
F rn and who executed the foregoing rns:rument aril they acknowled fore me that they L•
9ed be • executed the samrf.:
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WITNESS my hand and official seal m the County and State last aforesaid this 20th day f APr11.'.
A.O., 19 /y .
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Notary Public ~ . -r r±nF ~qa l1f tpR~
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My Commission Expires: 26 1981
~ R M' Ca..MI r;1,J~ E •P+RES M••s
000-7 Rev. 8/77 ~D~K s• n . E c . k
~-~3~1Q E.r~rne P. rss
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