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Home My WebLink About0006 i . DIRECT HOME IMPROVEMENT MORT~AGE N~ WITH FUTURE A~VANCE ~ . 446646 ~ THIS MORTGAGE, madt th~s l8t ~y O~ June , A.D., 19 79 , tetween Howard M. Sharp and Doris E. Sharp, his wife (Mortgayor) a~d Sun Bank of St. Luc e County (Mu~tpapeel: lNam~ ot Sun 8ankj . WITNESSETH, that Mortpago~, (or and 1n cons~derauon of the premises and ~n order to secure the payment ot the prmc~pal and ~nterest on the note (ss ~ereinaiter def~nedl, Mortqa9or heraby~rants, sc9nes transfers and mortgages to Mortpa9ee, itssuccessorsand SL Ltl 1 sss~~~s (orever, the lotlow~ng described real propaty in - CountV. Fbrds, to wit: ~I~;,,~~ Lot 14, Block 3, of Southern View Addition, as per plat 4 thereof recorded in Plat Book 9, paqe 44, of the Public I 0 4 6 8 ~ ~cords of St. Lucie County, Florida. :il~i{i~l „'a(n~ - v ~ ~ W JlI11 `~;3~ ~ ~ ~ :c , ~ - O c r++~T'- Z ~ ~'Z J 2~-~f~l ~919 JUt~ -5 AM ~ ~5 's ~ m!n,,l This is a First Mortqage ~ ~ ~ fT~ 0 AENQ Rt;COdpEO ~ ~ ~ ~ . s ftOG ~ COUNTY. FLA. c f:~~~ ~z:{~, ! ERPOITRAS ~ h: ~ ` TI CLERK CIRCUIT C0~ f- +f~~'i'- ;%I ~ . ~ o ~~.r oF Tuc~s W ~ I s'~ iN Pi~YMENT RECORO VCRIFii?~ G~ "f J l ~ R~:~+;"'~;; ~ ^SDN« ~ Q ~ ~ ( q{~ g~1 CLASS _ . s .,:iS Cf {97L ~ ~ ~ To . ~ ~ 9~46646 ~ ~ 'J N~.r~ ,~.ir.ns a ! ca - ~t ~Y, si. 1~E a+ -..'r 3 s S ~ ^ a .r ~ ~ Q (hereina(ter reterred to as the Matgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property ~ > and wiil detend the same against the iawful clauns of all persons whomsoever. ~ ~ Howard M. Sharp and Doris E. Sharp, his wife q PROVIDED ALWAYS, tliat if , the Maker(s) of that tg z (Insert Name(s)1 ' # ~ their ~ ; certain promissory note dated the date hereof (the Notel, hei.s, Iegal ~epresentatives or ass~gns shall pay to Mortgagee . ~ v 5,256.69 the pri~cipal wm of ~ as evidenced by tJhe~1Neoteiwith interest and upon the t89ms as prov~ded therein, the f~nal ; maturity date of the Note and of this Mortgage beueg , 19 , which No;e provwfes that ~ ~ all instatlments of pri~cipal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate m ~ writing, and that each make~ and erxforser agree to pay all costs of collection, including a reasnnabfe attorney's tee, upon default m the payment of the Note, arxi that if default be made in the payment of any installment thereunde? and tAat if wch detault is not made good m accordar?ce with the terms ot the Note, that the entire prmc~pal wm and accrued, earned mterest shall become due and payable y without notice at the option of the holder thereof; and shall pertorm and comply with each and every stipulation, ag:eement and cov- t enant of the Note and oi this Mortgage, then this Mortgage and the estate hereby created shakl be void, otherw~se the same shatl remain ~ in full (orce. Maker covenants to pay the interest and principal promptly when due_ Mortgagor covenants to pay the taxes ard assess- ~ ments on sa~d property; to carry inwrance agamst twe on the bu~lding on said land for not leu than 5 n~a , approved ~ by ihe Mortgagee, with standard mortgage bss dause payabie to Mortgagee, the pol~cy to be heki by the tilortga9ee and to keep the k bu~lding on sa~d land in proper repa~r. - ` j Th~s Mortgage shall secure not only ewsting indebtedneu, bui also wch future advances, whetGer wch advances are obligatory or ~ , to be made at the option oi Mortgagee, or otherwise, as are made within twenty 120) years from the date hereof, to the samE ex:ent as O ~f wch (uture advances were made on the date of the executwn oi this 1Aortgage, but wch secured indebtedness sha11 not exceed at any i U n~g ~ ume the maximum princ~paf amount of $ plus interest, and any d~sbursements made for the payment i } ~ _ .U of taxes, Iwies, or inwrance, on the Mortgac.~d Property, w~th interest on such disbursements. Any wch tuture advances, whether € ~ oblgatory or to be made at the option of the Mortgagee, or otherw~se, may be made e~ther prior to or atter the due date of the Note or i - a any other notes secured by this Mortgage. Thn Mortgage is given for the specrf~Fpurpose of secunng any and ali ~ndebtedness by the ` Maker to tNortgagee (but in no event shall the secured indebtedness exceed at any time the max~mum pr~ncipal amount set forth in this ~ j~ paragraph? in whatever manner this indebtedness may be evidenc°d or represented, until th~z Mortgage is satist~ed of record. All cove- ~ r, nants and agreements contamed m th~s Mortgage shall be appl~cable to all turther advances made by Morigagee ro Maker under thn 5 ~ p~ w future advance clause. ~ O _ ' Q x Stwuld any of ihe above covenants be broken then the Note and aIl moneys secured hereby shall, wrthout demand, if the ~ H 1~ Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and al1 costs and expenses of collect~on and ~ 2 ro reasonable atto:ne s' fees, ~nclud~~ costs, ex enses and reaso~able aitorne s' fees on appeal, 1i collected by t al roceed~n s or ~ y>y 0~ V 9 P Y e9 P 9 ~ C~; G through an attorney at law, shall be paed by the Maker, and the same are hereby secured. ~ z r~;~~ ~ ~ i IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as of The date t~rst above set forth. ? ~ Sgned, sealed and det~vered ~ ~ m our pr ce: ~ __~1XLS7ff6!KJS "1 (SEAU ~ ~ , IMortg r " ~ ~ , ISEAL! IMortgagor l • = Florida ? STATEOF 1 • ) . r COUNTY OF St. Lucie ~ • , ' ~ .it`. t s <<t 1 1 HEREBY CERTIFY, that on th~s day, before me, an o((~cer duly authonzed ~n the State aforesad a~d j~ ty itforesiW ~ ~ Howard M Shar and Doris E. c~,~,. ! to take acknowledgments, pe~sonally appeared p toYf~ler~~ ~~,~1~ i4ed . ~ ~n and who executed the (oregomg msuument and they _ acknow~edged before me that ' = tecl~~`~arrie, ~ WITNE~S my hand and off~ual sea~ m ihe Cou~ty and State last afor th~s 1St ay" f ~~''ti _ ~ A.O., 19 79 . 3~ ~ - . ~ ~ w Nota.yPubhc • .~'r''- ' ~"ARv v"Rl.' cts~c -..~Q,na } ' . ~~0 PAGE s MY Comm~sswn ~x ves: ~rt ° = 0 R vP r~?~~s~7~ EJv+eES ~~r . ze ?vai ~ ~ a0~~ ,~::.~~C ~~Rt~ ~_,1••~:+cAi ~~v. u~rkf~uRl' o ~ ~ 4 6014•000-7 R~v 6/77 ~'~`e,.~,~~~?.„, , x,~.:... _ . . _ ~ _