The URL can be used to link to this page

Home My WebLink About1752 i~iNECT HOME IMPROVEMENT MORTGAGE 4a5~z~ , tvlTH FUTURE ApVANCE THIS R10RTGAGE. mane tries 24th day of ~ A.O., 19 _ 79_ , between' David Brown and Essie Mae Brown, his wife a k/a Essie Brown _ (Mortgagor? and _ Sun Bank of St. Lucie County _ (Mortgagee?: (Name of Sun Bank ( ~ ' WITNESSETH, that Mortgagor, for and in consideration of the premises and rn order to secure the paymem of the principal and CO Merest on the note las hereinafter defined), Mortyagor hereby yrants, assrgns transfers and mortgages to Mortgagee, its successors and r • ~ rssrgns forever, the following described real property rn St' 1'UC~@ _ County, Florida, to wet: rI O 1 Ili - + Lot S, and the West 15 feet of Lot 4, Block 1, SABAL PALM .,ii. SUBDIVISION, as per plat thereof recorded in Plat Book 10, s/" ~ ~ ` Page 16, public records of St. Lucie County, Florida. _j. 1 SUBJECT TO reservations, restrictions, easements and rights _ 'r of way or record. i - . 1~ ~ • ~!I! ~9T9 i`i'i 29 AN ii= 16 FI EO Ah0 k~C0R0E0 s R~GERCPOITRASA• h CIERit CIRCUIT COUR RECEIVED = ~ . IN PAYMENT OF TAXES IaJCCLRO~`ER:FIEu"._~ DYE OM CLASS •C' INTANGIBLE PERSONAL PROPERTY, PYRSUART TO CHAPTER 71-134. ACTS OF q7>. ROGER PORRA~ (This is a Second Mortgage) 445924 aE~lc CiRCYfi COURT, tT. ~YaE pg, a~ (herernafter referred to az the Mortgaged Property); and the Mortgagor does hereby fully warrant the true ro the Mortgaged Property and wul defend the same ayarnst the lawful claims of all perwns whomsoever. PROVIDED ALWAYS, that rf David Brown and Essie Mae Brown ,the Makerfsi of that (Insert Namelsl] certain promissory note dated the date hereof (the Notel,_ their hens, legal represematrves or assrgns shall pay to Mortgagee the pnncrpai sum of S 3,071'08 as evidenced by the Note, wnh interest anti upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being May 21 s 19 82 ,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 alt costs of collection, including a reasonable attorney's fee, upon default in the payment of the Note, aM that if default be made in the payment of any rnstaliment thereunder and that rf wch default is not made good in accordance wnh the terms of the Note, that the entire pr rnupal win aril accrued, earned mte*est shall become due and payable without notice at the option of the holder [hereof; and shall perform and comply v+rth each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then ihrs Mortgage and the estate hereby created shall be void, otherwise the same shall remain in full force. Maker covenants to pay the interest aril prinupai promptly when due. Mortgagor covenants to pay the taxes and assess- ~ merits on said property: to carry insurance ayarnst fne on the building on said land for not less than $ n/a ,approved u by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be hekf by the Mortgagee and w keep the ~ building on card land rn proper repair. O ~i This Pdortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or y to be made at the option of Mortgagee, or otherwise, as are matte wrth~n 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 Morryage, but such secu+e[f indebtedness shall not exceed at any U a time the maximum pnncrpai amount of S _ n/a _ plus interest, and any dsbursements mad" for the payment 'y _ ~ of taxes, levies, or mwrance, on the Mortgaged Property, with interest on wch disbursemems. Any such future advances, whether t u 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 _ !/1 any other notes secured by this Mortgage. This Mortgage rs given for the 5pecrfrc purpose of securing any and all rrxlebtedness by the - Maker to Mortgagee (but rn no event shalt the secured indebtedness exceed at any time the maximum pnnupai amount set forth in this - C W ` - O paragraph) rn whatever manner ihrs indebtedness may t>P evidenced or represented, unfit this Mortyaqe rs satisfied of record. Ah cove- t - ! x Hants and agreements contained rn this lllortgage shall be applicable to all further advances made by Mortgayee to M:rker under this future a[lvance clause. I i ~ J Should any of ;he above covenants be broken then the Note and all moneys secwed hereby shall, without demand, if the - > ~ Mortgagee, so erect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and (A tea sonatrle attorneys' feel, including CCSt S, expenses arxf reasonable attorneys fees on appeal, rf collected by legal pr OCeerLngS Or through an attorney a! law, shall br paid by the Maker, arxf ilia same are hereby secured. - IN WITNESS WHEREOF, thr~ h'fortgagor has exeeutrKf this Mortgage as of the date first above set forth. ~ _ David Brown and Essie Mae Brown - S,yned, sealed and de~rverecf n Our rice ~~~~G:~d! ~ ISEAU ( - ~ IMor ty.iyor 1 i - - - - (BEAU (htoryagor I STATE OF Florida , COUNTY OF St. Lucie , I HEREBY CERTIFY, ±hat on this day, befo+P me, an ottrc~g's .dV)y'aVthonred rn the State afoeasadf :,rid .n the County aforesaid avid Sf-l.$ssie Ma~•e$rown so take ack~ovti[edgments, pe~sonat:y appe3ii[i _ to me knor.~n ;o b" the person described i y ~ yon^q .^;t umeni and `-t~exC~i-^_ gctd bofore me that they ~xecut.rd the same. and who executed the !ore r r s+aCknowled WITNESS m nand a^d off:~.al seat the Coun! 24th' May - . ~y v y ancLSteto i i'or 'd ihrs ay of f r ~ ~ ~OV Pr~t~~~~ ~ phf•CQm' ryswn Expires: 4 6014-000-7 Rev. 8/77 CG`f t, , ~ ~ , r._ i._ - € ~ - - _ -ems ~ _ -