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Home My WebLink About0152 OIAECT NOME IMPROVEMENT MORTGAGE ~ 1/ WITH FUTURE A~VANCE THIS MORTGAGE, mad• this 18th day ol J~e . A.O., 19 79 , b~tween Toa~ny L. Walls and Shirley M. Walls, his wife 1Morcys~or? ane 5un Bank of St. Lucie County ~Name oi Sun Bsnk) WITNESSETH, that Mo?tqapor, tor snd m cons~0era[ion oE the prumses and in order [o seture tM psymen[ of ihe printipsl a~d inter~st on t~e not~ las her~instter definedl, Mort9agor hereby yrsnts, asspns trsns(ers and mat~sges to Mortpapes, its wccessors and supnt torever, the folbwinp destriDed resl property in St. Lucie Cou~ty, Fbrida, to wit: p~t/ ~ The East ~ of the East ~4 of the Northwest ~ of the Northwest ~ of the Southwest ~S of Section 30, Township 35 South, Range 40 Eastj Less the North 33 feet thereof right-of-way of \ ~ St. Lucie County, Flprida. R~cslved ~.~~M p~~ Of Ti~ Z Dus On Class "C'• Intanpibhp~p~N Q THIS IS A SECOND MOR'1"GAGE ~?suant To Chsptsr ~ ~g4~ ' ? ROGER POITqqg ~ ' ~~e•h Ci?cuit Coun. g~ ~ o ~ `J . . . ~ STATE ~F FLC F~ ~ ` ? i 44866?'7 Q OOCUMENIAkYs=-::~_ STAM~-?t,. u: •:t ,r. ' = c- ~ *~fPT uf REYE~Ui::~'~l~~-:~ ~ ` d o _ P~ _.~121'TS~~~y,~~ I 5. 1 5~ f979 J~~:~ 21 03 a ~ " - ~ FiLEO AND FECunuEU SLlUC1EC0UN7Y.f A. a R06ER POITRA~ a CLERK CIRCUIT COUR ~ Q R~~pgp ~ER1F:E0 ` ; (here+nafter referred to as the Mortgaged Propenyl: and the Mortgapo~ does hereby fulty warrant che titte to the Mortgaged Property > ar~d wiil defend the same aga~nst the lawfut claims ot all perso~s whomsoever. ~ Toaa~y L. Walls and Shirley M. Walls, his wif ~ PROVtDED ALWAYS, that if ,pfhe Makerls) of that z [Insert Namelsl) ~ a+tam- promissory note dated the date hereof (the Notel, their ~KS. representatives or au~gns shall pay to Mortgagee, ~ the principal sum of S 10, 053. 2fi ~ N~~ced by the Note, w~th ir?terest and upon the terms as provded therein, the f~nal 0 maturity date of the Note and ot tAis Mongage being J~1e 16 , lg 89 , which Nore prov~des that ~ a11 mstallments of princ~pal and interest are payabk at the office of Mortgagee, or at wch other place as the hokler may des~gnate in . C ~ writing, and that each maka and endorse~ agree to pay all costs of collection, ~nclud~ng a reasonabk attorney's tee, upon default i~ the payment ol the Note, arxl that ii default be made in the payment of any i~stallment tl~ereurder and that if wch deiault is not made good in accoMance with the terms oi the Note, that the entire principat sum and accrued, earned interest shall become due and payable vr~thout notice at the option oi the holder thereo(; and sha11 pertorm and comply wrth each and every nepuiatio~, agreement and cov- enan[ of the Note and ot this Mortgage, then this Mortgage and the estate hereby created shatl be wid, otherwise the same shall remain ~n tult torce. 11Aaker covenancs to pay the in[erest and princ~pal prompily when due. Mortgayor covenants to pay The taxes and assess- ments o~ sad property; to carry inwrance against f ae on the building on sa~d land for not less than s n/a .~~o~ by the Mort9agee, w~th standard mortgage loss,clause payable to Mortgagee, the policy to be hetd by the Mortgagee and to keep the bu~ld~ng on said land in proper repa~r. ' f ~ This Mortgage shall secure not only existing indebtedness, but also sucA future advances, whether wch advances are obtgatory or ; ~ p gagee, or otherw~se, as a~e made within twenty (20) years irom the date hereof, to the same extent as ~ to be made at the o tion of Mort O ~f wch future advances vre~e made on the date ot ihe execut~on of th~s Mortgage, but wch secured mdebtedness shall not exceed at any i ' S ~ U tune ihe max~mum principal arrwunt of s n/a plus Mterest, and aoy d~sbursements made for the payment ~ ~ ~ y of taxa, fev~es, or ins4rarxe, on the Mortgaged Properiy, wrth interest on wch disbursements. A~y such future advances, whether ~ ~"i oblgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~ther prwr to or after the due date of the Note or s U ~ ~ ~ anv other notes secured bv this Mortoage. This Mortgage is qrven for the speafic pu~pose of secunng any and all mdebtedness by the _ a Maker to Mortgagee (but in no event shall the secu~ed indebtedness exceed at any tune the max~mum princ~pal amount set forth in thn s paragreph) in whatever man~er this indebtedness may be ev~denced or represented, unt~l tfi~s Mortgage n sat~siied o( recad. All cove- ~ na~ts and agreemerets contamed m th~s Mortgage shall be appl~cable to aU funher advances maAe by Mortgagee to Maker under this C ~ ~ tuture advance clause. ~ OiW f Z~OIO G~ 5hould any of the above covenants be broken then the Note and a11 moneys secured hereby shatl, w~thout demand, ~i the W ~ Mortgagee, so elect, at once become due and payable and this matgage may be foreclosed, aruf all costs and expenses of collect~on a~d c j~ reaw~abte attorneys' (ces, includ~ng costs, expenses and reasonable attor~eys' ~ees on app~t, ~i collecied by legal proceed~ngs or through an attorney at law, shall be pad by ehe Maker, and the same are hereby secured. n ~ IN WITNESS WHEREOF, the Mortga9or has executed th~s Mortgage as of the date i~rst above set torth. n U)~(n - ~ t Sgned, sealed a~d delnered . ; m our presen ~ - ~ ~ AL) ~ ~ ( r) . ~ - ' V• ISEAL) i (Mortgagor ) ~ s , STATE OF Florida ~ ~ . ~ ~ COUNTY OF St. Lucie ~ - . y ' ` 1 HEREBY CERTIFY, that on th~s day, before me, an pf(it~,duly;au~forized in the State aforesa~d and ~n tt?e County atoresad edg y appeared ~ SI1~Y1dY~MT; Wd11Sto me known to be the person descr~bed ~ to cake ack~owl ments, personatl T~v . a • • in and who executed the (orego~ng mstrument and t~~ v~ ~~norrNQye~l beto~e me that they execueed the same. ~ WITIIL~SS my hand and off~ual seal ~n the County snd 3t~le Iost r ~ih;t~ ~8 ~Y o~ June . ~ A.D., 19 7 . ~ ~ : ~ • ~ r (N4. . 4~~1s _ . . . ~ - - - Fn~n.. ~ ~ ~'1 % MY ~~~1W~OMf~F-~1~~ _ ~K c!'17+!;A ~ . ~ ~ , ~ r.