The URL can be used to link to this page

Home My WebLink About1320 ' MORTGAGE 44~t'719 THIS MORTGAGE, made tnrs 4th day al . _ ~ , A.O., 19 79 ,between Wilford Frank Sloan, Jr. and JoAnn Sloan, his wide (Mortgegorl and Sun Bank of St. Lucie county _ IMortge~ee?; (Name of Sun Bank) WITNESSETH, that Mortgagor, for and rn cons~deratron of the premises and sn order to taturt tIN paym.nl of tM Mwtt:ipal and rMerest on tl?e note Ias hereinafter delrnedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, stsstrcceasaaand assigns forever, the lotlow~ry described real property in - _St. Lucie County, Florida, to wit: Lot 6 and the East 21.4' of Lot 7, Block 4 of Wyldwood Park, as per plat thereof recorded in Plat Book 5, page 54, Public Records of Saint Lucie County, Florida. p~,~7 o• ~ s I ~ /s- ~ ~ a t.,o.. (This is a Second Mortgage) Dus On Class "C•• fft~Mhtsoft~IProp«tY. . pu?suam To Chsptef 71.14, ~t Of 171 • ROGER p01TAA8 9 ~9T9 ~A1' _8 ~ ~ ~ 7 Clerk Circuit Couft. S~ IuCM. Co.• FIN. _ i Ell. Alttr fcE - ~ i r.~ - . o RECORO i'ERlft~9 ~ - . ~ t t' 44`719 ~1 ' a J, . - ' (Mreinalter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the rifler to the Mortgaged Properly aif._. and wiU tNferxf the sense against the lawful claimsol NI garcons whomsoever. ' Wilford Frank Jr. and JoAnn Sloan • ~ PROVIDED ALWAy8, that it ' .the Makarla) e4 arse - (Insert Namelsll aertsin promieeory note dated the date hereof IMe Notel. their hews, legal repretentatrves or assigM shall pay to Magpee - _ _ the principal cum of : 7 , U57.77 as evidenced by tM Note, with interest and upon tM terms as provided therein. tM iwrl ~ ~ ~ 1 matwity daft of the Nos and of thi Mortgage beirq ~y 6 . 1! tfy ,which Note prnvitles thM s - all instalYnants of principal and interest are payable at the office of Mortgagee, or aR sttd? other plan as the holder may designate in - writing. and that each maker and endorser agree to pay all costsol colection, irsefsrdirrg a raasonabla ritornay's fee, upon default in tM - - ' payment of the Note, and that if dttsult fse made in the payment of any instalknerst tlsereuMer and that if such default i no1 made good in at3oordance with tht terms of the Note, thri the entwe principal sum and segued, earned interest shall become dw and payable ! without rsW itt ere the option of fire tsotder thereof; and slsall perform and comply with each and every stipulrign, sgreemerst srd t:osr• errant of tlsa Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the lama shell remain .:l~ in Cult force. Maker covenants to pay the interest and pnncgsal promptly when due. Mortgagor covenants to~psy the taxes and ataess• _.'i:: j r menu on said property; to Carry insurance against lore on the building on said lard for not less than = ,approved by tf?e Mortgsgae, with standard mortgage loss clause payable to Mortgagee, the potrcy to be held by the Mortgagee and to keep the building On said lard in proper repair. . TAis Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advanns arP obligatory or to be made ri the option o/ Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent ss if suM future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shah not a:teed at any 3 rinse the maximum principal amount of s ~ plus interest, and any disbursements made for the payment ' u of taxes, levies, or inwwrsce, on the Mortgaged Property .with interest on such disbursements. Any such tuturt advarscas, whether ~ ~ obligatory Or f0 Ise made ri the option of rise Mortgagee, or otherwise, may be made either prgr to or alter the due drie of the Note or r y any other votes scarred by this Mortgage. This Mortgage is giver? for the specific pwpose of aawrirg any and all wsdebtednsss by rite ''i Maker to Mortgagee Ibut in no event shall the secured indebtedness exceed ri any time the msxinwm principal amount set forth w this ~ a., paagraph) in whatever manner the indebtedness may be evidenced or represented, until this Mortgsgt a satisfied of retard. AN cow- € ~ Hants and agraernents contained in this Mortgage shNl be applicable to all lunhar advances made by Mortgagee to Maker under this w future sdvanp chase. ~ ~ 00 Should any of the shove cosenants be broken then the Note and alt moneys severed hereby shall, without demand, it the J'` Mortgagee, to eNet, ri orate become due and payable and this mortgage may be foreclosed, and all vests and expenses of collection and x ~O reasonable attorneys' /ses, including costs, expenses and reasonable ritorrseys fees On appeal, if totkcted by legal proceedwys err ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. ~i ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage ss of the date first above let forth. a Sgrsed, saaNd and delivered in our pr e: \ ~ T • , L f - 1sEAu (Mort 1•J liv I8EAL1 IMortggor) ~ STATE OF Florida l • n COUNTY OF S t • Lucie ~ , ~ - 1 HEREBY CERTIFY, that on this day, before ms, an off'rctgfllsltiy~~u~spr~std in the State aforesaid and in the County aforesaid Wilford.F>tv~iak'~r.'i~;~JoAun Sloan to take acknowledgments, personally appeared - ~ - to me known to W tM person described m and who executed the foregoing mstrumem and ttle}>' ' t ~r~cj~iryle~gad Galore me thri they executed file sawsa. WITNE~nmy hand and olficul seal m the County and Safe last or this ~ 4th d,y of May A.O., 19 ~ z . . , i _ / \ s!'/ y dOhYrhft ~ft_'j~M~'^~.• ,--c s-:~np~D!1 A~ t 3014-OOa7Rav.8/77 3C~ [A~'/~¦~iti:~~t~O !,'r `._.:i.t~~i'~%~' ~ 1•i~e~~ 27, iC:`1J.12