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Home My WebLink About1318 MO~tTGAGE ~4 ~'71'~ 79 THIS MORTGAGE, made this 8th day of _~_~y--..- , A.O.. 1! ,betvvaen Paul D. Kennon and Phyllis A. Kennon, his wife tMort~a~orl and Sun Bank of St. Lucie County - IMagsaael; (Name of Sun Bank) WITNESSETH, that MortEapor, for and in tontrderat ion of the premises and d order to secure tM payment OI the principal aced , rnttrest On the note less herMMlter defw,edl, Mortpegor hereby Scants. asspns transfers and matgagts It/ Morlgtge., its successors and assgr?s forever, tM lolbwrng descrbed real property rn St. Lucie County, ilotida. t0 rtrit:^ Lot 2, Block 15, SUNRISE ESTATES, according to the plat thereof, as recorded in Plat Book 8, Page 75, of the Public Records of St. Lucie County, Florida. a i9T9 HAY -8 pp ~ 7 . E j'~ `A. pecelYed 1 ~ (D. 7 M Pa~?n?snt Of Taxes Due On Class "C" Intanpibla Personal Property. AcCO?0 t^"n!T'i r_..C~, _ _ Pursuan• To Chapter 71, 134. Arts Of 1871. (This is a Second Mortgage) ROGER POITRAS ~ f , t ie.k Grcuit Court. SL L.uCM: CO., Fla. 'n ~ 44''11'7 ~ . N t7! , -f- IMreinattM referred to as the Mortseged Propertyl; and tM Mortssgor does fnreby fully warrant tM title to the Mortsaoad Property and will defend the some sgainst the lawful Naims of all persons whomsoever. tt ` ~ PROVIOEO A~wwvs, thn it Paul D. and Phyllis A. Kennon ,the Mskerls) of thN `i: !resat Namehl! - ~ certain promissory note dated the date hereof (the Hotel. their keel represenutives « assgns shag pay to Mort~aasi ' the principal sum of = 18, 496.12 ~ evidenced by ~ Node, with interest and upon the as povided thereiw, tM final L rrtaturRy daM of tM Note and of this MoRgast btin/ y - 1>t ,which Net. povides that ' S' a . i!; _ all imtalMnencs of principat and interest are payabN at tM office of Mortsepte. w at ouch other plaoa as the holder mey desiatteta in . , _ wrNirtg, and that aecft maker Fnd artdorser aurae to pay MI costs of collectien, int:hsding • raesorsable attorney's fee. upon ddauN in tM psynnrtt of the Note, and that it default be made in the payment of any instalMrtent tharaunder and that if such default is not made , . ~ good in aocordarsce with the Mans of tM NoM, that tM entire principal sum and atxrud, aerrsed interest sl+all became due end peyabM without wotice st else option of the ftokfer thereof; and shah per/orm and comply wish each and every stipulation, agraemsatt end cow ~ anint of tM NOte and of this Mortgage, then this Mortsage and tf?t estate hereby created shall De void, otherwise the seen shNl ransain in full fora. Maker covenants to par the interest and principal promptly when due. Mortgagor sxwenants to_psy tM taxes and assess- - mints On Laid p/operty; t0 carry insurance against fire On the building on said lend /or not less than = 1VA , 6 - - ~ ~ ~ by tM Mortgagee, with standard mortgage loss dsuse payable to Mortgagee, the policy to M held by the Mortgagee and to keep tM ~ buildierg on said land in proper repair. E 4 ~ This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such sdgnces sp obligatory or j to be made ere the option of Mortsagee, or otherwise, as ere made within twenty 1201 years from the date hereof, to the same extent st i/ such future advartees were made on the date of the execution of This Mortgage, but such sewred irxfebtedness shall not exceed at sny a ~ time tM maxinwm principal amount of s ~j pbs interest, end any disburserrrantsmede /or 1M payment of taxes, Nvies, Or insurance, on the Mortgped Property. with interest on suM disbursements. Any such Future advances, wMthp obligatory or'to be made n the option of the Mortgagee, or otherwise, may be ntede either prior to or aha the due date of the Note a ~ iJ any other notes tewred by this Mortgage. This Mortgage is Sven for the spetilic purpose of securing any and all irtdsbudnets by the _ V=~ ~ ' Maker to Mortgagee (but in no event sftalt the secured indebtedness exceed at sny time else maximum principsl smount set forth w this y ~ paagraph) in whatever manner this indebtedness may be evidenced or represented, unfit this Mortgage is satisfied of rKOrd. All cove- ~ ~ pants and agrNntents contained in this Mortgage shall bt applicable to all further advances made by Mortgagee to Maker under this { ~ ~ ~ futon advance Nauss. ~ N ~ Should any of the above covenants be broken then the Note end all moneys secured hereby shad, without demand, if the ~ Mortgagee, ao elect, at once become due_and payable and this mortgage may be foreclosed, and all costs and expenses of collection and o0 ~ reasonable attorneys' lets, including eats, expenses and reasonable attorneys' tees on appeal, if collected by legal proceedings or X ~ through an attwrttY a law, sftall be paid by the Maker, and the same are hereby secured. - r ~ IN WITNEtS WHEREOF, the Mortgagor has executed this Mortgage as of the date fir above set forth. :r J O Signed, sealed and delivered • a. y rn our p? ~ / ~ AU hiilor 1 AEI (Mort 1 f STATE OF Florida l t• , • ~ 4 ~ COUNTY OF St. Lucie 'r, 1 HEREBY CERTIFY, that on this day, tx/ore mt, sn officer duly authorised M the Stott Sdd n theCouat~r,~e?eMid Paul D. & Ph llis A. Kenno - - to take acknowledgments, personNly appt'ared y ~ nte~knd~l,~~r-t~to bt thi persoA dlier~ed in and who executed th! foregoing instrument and they . scknowkrfgsd befort rtes thil ..r:~~~_ext{WSad t/itttltste. " , WITNEtS my hand and official seal in the County and Stott last aforesaid t is 8th ~ of i~._~, I A.D., to ~2... ..r Notary Public R,`E~ ~ STeTf {LOt10A -~T lJ?fIG • My Commission Mr p?.•.MIiS10"l Ex~NtFS MU?Y: 26 1981 i014-0047Mv. SA7 ~U DAu:l~~~ ~IOEO 1HRU GENi.RAI ~rrS UNDERWRITERS t.«.cw M.