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oiRECT HOME IMPROVEMENT MORTGAGE 446645 ~1 4
w~TH FUTURE ADVANCE '
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THIS MORTGAGE, made tA~s 18t ~y o~ June , A.O., 19 , between ~
Charles G. Goldbach and Louise A. Goldbach, his Wife IMortgagorl a~a ?
Sun Bank of St. Lucie County _ iMo~,~i: ~
(Name ot $un Bank~ I
WITNESSETH, that Mortgago+, for and m cons~derat~o~ ot the pram~ses and ~n order to secure the payment ot the pr~nc~pal and ,
~nterest on ihe note (as Aere~natte~ det+nedl, Mongagor hereby grants, au~gns transiers and matgages to Mo~tgagee, us successors and ±
ass~gns (orever, the lollow~ng descr~bed ~eal p~operty ~n St. Lucie County, Flor~da, to wit:
Lot 2, Block 3125, PORT ST. LUCIE SECTION 45, as per plat thereof . ~
,
on file in Plat Book 15, page 25, Public Records of St. Luc•Le County,
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Florida. ~
RECE111ED s~3-
p~ III PAYIh'NT Oi TAXEs ~ i
OUE ON CIASS 'C INTAIiG,BiE rE1tSOrt..l F'"JPEkiY~ ~
, PiIRSUANT TO GHAi'TfR 71-13~. 11CiS Of W71r ~9Tg ~p~ ~5
RA6E~ POl1tsl~i ~ .nrii ~ 'a-, ~ S
~ n~ ~ W~ ~ ~ fl~!p ANU k~CUHOtO ~
~ ST. 4U-Ctf COUNTY.FU.
R~aER POITRAS
(This is a Second :lprtgage) C.ERK CIRClNT CGU~ !
' Rc CQf~p {IERIFt~~_ _ 4
_ . 446645
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1 i l (here~naftei referred to as the Mortgaged Propertyl; and the Mortgagor does hereby (ully warram the t~tle to the Mortgaged Property
;.n: and will defe~d the same aga~nst tAe lawful ctaims ol all persons whomsoever.
PROVIUED ALWAYS, that rf Charles G. ~ Louise A. Goldbach , the Makerls) of that
K!•- Unsert Namelsl) i
~ their y~ ;
certam promiuory note dated the date hereoi fthe Note1, he~rs, Icgal representauves or ass~gns sha'I pay to Mort ~
~ the princ~pal wm ot ~ l i, 409. $Z _ as ev~denced by the Note, with interest and upon the terms as provded iherein, the fir~pt
maturit date of the Note a~id oi this Mort June 6, Z989 ~
y gage being , 19 , wh~ch Note prowdes that
~ ' all installments o( prmcipal and interest are payable at the oftice of Mortgagee, or at such other place as the ho
~ der may des~gnate in ,
' f . i; writing, a~d that each maker and endorser agree to pay a!I costs ot collettion, includmg a reasonable attorney's fee, upon detault ~n the
~ m`' payment of the Note, and that ii default be made in the payment of"any installment iheraunder and that if wch defautt is not made ~
=~ti ~ good io accordance with the terms of the Note, that the entire principal wm and accrued, earned interest shall become due and payable
without notice at the option of the holder thereof; and sha11 periorm and comply w~th each and every siipulation, agreement and cov-
, enant of the Note and oi this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall rema~n
~n tull torce. Make~ covenants to pay the incerest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
ments on said property; to carry inwrence against Gre on the buikJmg on sa~d land ior ~ot less tha~ S ~ , approved
by ~he Mortgagee, w~th standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep tne
' bui~d~ng on sa~d land in proper repair.
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' ~ Thes Mortgage shalt secure not only existing indebtedneu, but also wch tuture adva~ces, whether wch advances are obligatory or z
~ ~ to be made at the opti~n of Mortyagee, or otherwise, as are made within twenty (201 Years from the date hereof, to the same extent as s
! O ~f wch future advances were made on the dat! oi the execution o( this Mortgage, but wch secured indebtednezs sha11 not exceed at any
i > v;
` hmr the max~rqum pr~ncipal arrount oi S jfjA plus interest, and any d~sbursements made for the payment
~ _ ~j ' of taxes, lev~es, or msuran:.e, on the iNortgaged Droperty, with mterest on wch d~sbursements. Any wch future advances, whether 1!
~ ~ V; oblgatory or to be made at the option ot the Mortgagee, or otherw~se, may be made erther prior to or aiter the due date of the Note or ~
~ any other notes setured by this Mortgage. This Mortgage is grven fur the specrfit purpose ot 9ecunng any and all ~rxlebtedness by the
~ = `~i Maker to Mormagee (but no event shall the secured indebtedn~sz exceed at any time the maximurre pnndpat amount set torih in th~s ~
paragraph) in whatever manner thn ~ndebtedness may be ev~denced or represented, until this Mo~tgageti ~s sat~sf~ed o1 record. All cove- 2
~ ~I nants and ag~eemenis conta~ned ~n this Mortgage shall be applicable to all (unher advances made by Mortgagee to Maker under this
w:, future advance clause. , 3
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x Should any oi the above cwenants be broken then the ~lote and all moneys secured hereby shall, without demand, ii the ~
; ~ G~ Mortgagee, so elect, at once become due and payable and this mortgage may be fpreclosecf, and alI cos.s and expenses oi collect~on and ;
~ reazonable attorneys' tees, mcluding costs, expenses and reasonable a.torneys' fees on appeal, ~f collected by legal proceedmgs or
~ ~ through an attoroey at law, shall be pard by the Maker, and the same are hereby secured.
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~ IN WITNESS WHER~OF, the Mort r has executed th~s Mort
~ cni gago gage as ot the date fnst above zet torth.
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~ ~ Sgned, seal ar~d det~vered -
~ m our pre ce: }
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~ EAL1 ~
. . (Mortgagor) ~
L~,CT - ~ EAL)
g ~ (Mortga orl
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STATEOF Florida ~
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' COUNTYOF $t. Lucie y fe 't''~~ . '
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; 1 HEREBY CERTiFY, that o~ th~s day, before me, a~_ei~~i~~~~yfy Zed m the State atoresa~d and m the County aforesa~d -
~ to take ack~owledgments, pe~sonally appPared ' ~ d~~known to be the person descnbed j
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~ ~n a~d who executed [he torego~ng ~nstrume~t and th . w~qetl9ed before me that they executed the same. #
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~ WITNESS my hand and otf~c~a~ seal m the Countya09 t~+~°'~ =~t day of June , ~
A.O., t9 . T.'.
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