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Home My WebLink About1750 DIRECT HOME IMPROVEMENT MORTGAGE 4a~92;~ ~ WITH FUTURE ADVANCE THIS MORTGAGE, made thrs 21 day of May A.O., 19 79 . ,between Burton Brown and Mary R. Brown, his wife IMortgayor) and Sun Bank of St. Lucie County IMortgageel: (Name of Sun Bankl WITNESSETH, that Mortgagor, for aril rn consrderauon of the premises ants rn order to secure the payment of the prrr?trpal and rnterest on the note las hereinafter defrnedl, Mortgagor hereby grants, assrgns Transfers and mortgages to Mortgagee, cis successors and assrgns forever, the tollowrng described real property m St• Lucie County, Fbrrda, to wit: Lot 1Q, Block 4, REPEAT OF PALM GARDENS, as per plat thereof on file in Plat Book 12, Page 42, Public Records of St. Lucie County, Florida. ,~D ~s~s t, r ` 28 f~{ i ~ s RECEIVED IN PA1f11ENT Of TAXES (This is a Second Mortgage) DUE ON CtASt rC' IIfTAM01dLE PERSOxAI PROPEdTY, _ _ FILEO ANO F~CORLEO PURSUANT TO CHAPTER 71-134. ACTS Of lilt. ST.LUCIE000NTY.fEp, R0~ ppR~ 1, o ROGER PpITRAS CIEW~ CRT COYR<, LSE ~ RA. ~Ok~ CIER!( CIRCUIT COU . ~ P.ECO,TO VERIFIE?_ ~ -~Gj~, _ - 44:922 r~~ ' ~ e, ihererrtaiter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property ' r. , ~ ~ and viol defend the same against the lawful c!auns of all ersons whomsoever. :J,:• ti= p ' it ~ ,i Burton ~ Mar R. Brown ~ PROVIDED ALWAYS, that if y the Makerls) of that 13. ' jinsert Namelsll y Certain promissory note dated the date hereof (the Note), their heirs, legal representatives or assrgns shall pay to Mortgagee ' • ~ ' - 9 358.52 the principal sum of S ~ as evrdencetf by the Note, wrth rnterest and upon the terms as provided therein, the heal ~ i maturuy date of the Note and of this Mortgage being May 21 19 89 , which Note provides that • `iii all mstaliments of prrncrpal and interest are payable at the office of Mortgagee, or at wch other place as the holder may devgnate rn m wntrng, aril that each maker and endorser agree to pay ail costs of cotlectron, including a reasonable attorney's tee, upon default m the r a - - payment of the Note, aril that rf default be made rn the payment of any installment thereunder and that rf wch default rs not made good rn accordance wrth the terms of the Note, that the enure prrncrpal vim and accrued, earned rnterest shall become due and payable without notice at the optron Of the holder thereof; aril sha!I perlorm and comply wrth each and every stipulation, agreement and coy- ( errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shalt be void, otherwrse the same shall remain m full force- Maker covenants to pay the rnterest and prrncrpal promptly when due. Mortgagor covenantsNt oApay the taxes and aSSess- - - menu on card property; to carry rnsurance against hie on the lwrldrng on card Land for net less than S ,approved by the Mortgagee, wrth standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on card land rn proper repair. This Mortgage shall secure not only existing rndebtedness, but also wch future advances, whether wch advances are obirgatory or to be made at the optron of Morgayee, or otherwrse, as are made within twenty 1201 years from the date hereof, to the same extent as i G 't wch future advances we•e made on the date of the execution of this Mortgage, but such secured rndebtedhess sha;~ not excrred at any ~ trine the maxrmum pnntrpal amount of S . ~ Vlus interest, and any drsbursemems made for the payment - O U of taxes, tevres, or rnsurance, on the Mortgaged Property. wrth rnterest on wch disbursements. Any wch future advances, whether - ~ obligatory or to be made at the optron of the Mortgagee, or otherwrse, may be made either prior to or after the due date of the Note or rl any othe+ notes secured by this hlortgage. Thrs Mortgage rs given for the specnc~ purpose of secunng any and all rndebtedness by the _ Maker to Mortgagee (but in no event shall the secured rndebtedness exceed at any trine the maxrmum pr mcrpat amount set forth rn this _ paragraph) m whatever manner this rrxlebtedness may bit evidenced or rep:esenred, until this Mortgage rs satrstred of record. A!I cove- ' Hants and agreements contained rn this htortgaye shall be applrcabte to alt further advances made by Mortyagerr t0 1;laker under Thrs 1,.+ future advance clau Se. to w +-t W ~ Snould any of the ~ovP eove,nants t>e broken then the Note and all moneys securrtrl hereby shall. •r:rthoui demand, rf the O' Mortgagee, so erect, at once become due aril payable and this mortgage may be foreclosed, aril all costs and expenses of coi~ectron and to •easonabie atto•neys' tees, inciudrng costs, expenses aril reasonable attorneys' tees on appeal, rf collected by legal procee[Lnys or through an atto•ney at taw, shat{ be paid by the Maker, and the same are hereby secured. r~ ~i r rf - U f~. IN WITNESS WHEREOF, the= Mortgagor ha; execu;e[f this hlorr3aye as of the date first above set forth. ( ~ ~ - to S,yned, sealed and deuvered t ~n Our pre5e Cep I _ (SEAL) Orty r) _ 4 / ~ / - ~ac~ - ISEALi STATE OF Florida I COUNTY OF St. Lucie ~ I HEREBY CERTIFY, teat on trns day, beto•P me. an offrecr dulypauthorsted rn the State aforesacf and .n the County aforesaid r0 take aCknO~:ledymentS, pe'SOnally appear:d Burton ~ Mafy $r0/~1 t0 me known r0 be the perspn deSCnbed t , ~ ~ .n and who executed the torego.ny estrumeni and . ~g~~'~atf~ ~ ed bBfOre me that ley execured the same. Y ( WIT(~SS my na:~d and ot'.rc~a! seas ~n the County and $tat2 t~st'~to sa tb ~i y of , i i No' ~y,P• c My'Cor*+ti1?uron t:xpbr enF~ ~Ut'7 ~A~E1747 ~ _ - t , 9 g~ a-6014-000.7 Rev. 8/77 gta,"J i1:2J G-:•_.~- r' - F _ _ -