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Home My WebLink About0991 . DIRECT HOME IMPROVEMENT MORTGAGE 4~9199 ~ WITH FUTURE AOVANCE THIS MORTGAGE, made ~n~s 22nd of June , q.p., ~g ,~l~„ James B. Strickland, Jr. and Suzanne B. Strickland, his wife Sun Ban o St. Luc e~ounty (Mortgagor) a~a ~nnortgagee?: lName of Sun Bank) WITNESSETH, that Mort9agor, tor and cons~derat~on of the prem~ses a~d ~n order to secu~e the payment of the pr~nupat and ~nterest o~ the no~e (as here~nalter def~nedl. Mortgagor he~eby grants, au~gns translers and matgages to Mort~agee, ~ts successo~s and ass~gns fo~ever, the tollow~ng descr~bed real property ~n St. Lucie ~a,~,v, Fbrda, to w~t: Lot 25, Block 137, LAKEWOOD PARK, UNIT N0. 11 as per plat thereof _ on file in Plat Book 11, pages 32A thru 32D of the Public Records . - ~ + . cr~ of St. Lucie County, Florida. i ~ . . v~ _,_f o . : ~r1 ~a~~ q•~~ ~ ; ~ 449199 ---Z~- ::f''y RECE]YEO :'7F~; III PAYMflIT QF TRXE= :X~L ,~t~r ~ (This is a Second Mortgage) ~ttE ON Cuss 'C IMTARC;BtE Pi,~a~:~~ F-p; F,n~ ° PURSU~T TO CHAPTfR )1•1.'4, ~~iS GF 1~11. :919 Jtl't 26 i I~ I 2 R:76ER PGikAS ~ , f' ~ ~ t i i 1 ~IEMI ~ COIW'T. ST. WtaE 0/~, FU, FILEO ANL1 F~C~NUEU ' ~ ~ ST.LUCIE CCUNTY,FIA. • .;;.j,~' ROGFRPOITRAS CLERK CtRCWT COU/~~,~T.~ ~ S L~ I ~'i~~~D 1~~~.~~~c.• ~ _ r~~ .;;i~ ,,;,;;~;Y (here~naiter reierred to as the Mwtgaged Propertyl; and the Mortgagor does hereby (utly warram the t~Ue to the Mortgaged Property and wul defend the same aga~nst the lawiul claims oi all persons whomscever_ ~ PROVIDED ALWAYS, that ~1 James B. Strickland, Jr. and Suzanne B. Stric.~ Md ~~s) ot that (Insert Namels)) certa~n prom~ssory note dated the date hereof (the Notel, their ~~~s, legal representat~ves or ass~gns shali pay to Mortgagee the pnncipal sum of S 6, 373. $5 M~;denced by the Note, w~th ~oterest and upon the terms as provided therem, the I~nal maturlt date of the Note and of this Mort June Z~i Y gage be~ng , 19 84 , which Note prov~des that all mstallments of prmcipal and interest are payabte at the oitice of Mortgagee, or at wch other place as the holder may des~gnate in wrrt~ng, and that each maker and endoryer agree to pay all costs of coilect~on, mcludmg a reasonable atto?ney's tee, upon default m the payment oi the Note, and that ~t detautt be made ~n the payment of a~y ~nstatlment thereunder and that i( wch delault a not made good in accorda~ce with the terms of the Note, that the entire principal wm and accrued, earned interest shall become due and payable w~thout not~ce at the opiion o( the holder thereof; and shall perform and comply with each and every st~pulatwn, agreement and cov- i enant of tAe IYese ar~ ~f !h~s Mortgage, then this !!~lortgx3e a~d the r;Late h2:eby created shal! be vo~d, otherw~se the same shatl rema~n ~n tull force. Maker covenants to pay the ~nterest and pnnc~pal promptly when due. Mortgagor coverwnts to pay the taxes and assess- ments on sa~d properry; to carry ~nsurance agamst (~re on the bu~ldmg on sa~d land for not less than S ~ , approved ; by the Mortgagee, wrth standard matgage loss clause payab~e to Mortgagee, the pol~cy to be held by the Mortgagee arxf to keep the ~ build~ng'on sa~d land m proper repair_ Th~s Mortgage shall secure not only ex~st~ng ~ndebtedness, but alsp wch tuture advances, whether wch advances are obl~gatory or i ~ to be made at the opt~on ot Mortgagee, or othervnse, as are made w~thm twenty (20) years from the date hereof, to the same extent as ~ 7 ~f wch'tuture advances were made on the date of the execut~on of th~s Mortgage, but wch secured ~ndebtedness shall not exceed at any O ' ' ~ V trme the max~mum pr~nc~pal amount of S ~ plus ~~terest, and any d~sbursements made tor the payment I ~ of taxes, lev~es, or inwrance, on the Mongaged Property, wAh mterest on wch disbursements. Any wch tuture advances, whether E oblgatory or to be made at the opiwn oi the Mortgagee, or otherwise, may be made e~ther prwr to or aiter the due date ol ~he Note or ~ < any other notes srtured by this Mortgage. ThK Mortgage ~s grven for the spec~f~c purpose ot secunng any and all ~nde6tedness by the ! Make? to Mortgagee Ibut ~n no event shalt the secu~etl ~ndebtedress exceed at any t~me the max~mum pnnapal amount set forth a~ thls ~ = oaragraph) m whatever manner th~s mdebted~ess may be evidenced or reoresented, unul this Mortoaoe ~s sanshv.d ot .ecord All r.ove- 6 = ~ ~ i~ N~ ~a~ts and ag+eements cn~tamed 1~ th~s Mortgage sha11 be applicable to all further advances made by Mortgagee ro Maker urxie. ~hK € ; tuture advance clause. ~ w: ~R Shoutd any of the above covenants be broken then the Note and all moneys secured hereby shatl, without demand, ~f the 3 _ J~~ Mo~cgagee, so e1e~t, at once become due and payable and thrs mortgage may be foreclosed, and all costs and expenses ot collechon and M, reasonable attorneyi t~s, mdudmg costs, expenses and reasonable attorneys' tees on app~l, ~f collected by legat proceeci~ngs or ~ through an attorney et 13w, s.ha!! 4e pa~ by the Make?, and the ame are hereby seCUred. ~ ~ ~ p ~ N~ IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as ot the date f~rst atwve set torth. • ! S:gr.ed, sealed and de:~veted : m our esence: ~ ~ r ~ G n- " _ ~%fSEAL) ; J , ~ tti1~.c~.? , ~ ~ s u' ~ ~ - ~ ~ C' ' _ ISEAU ~ 1 Mor tgagor ? . ' STATE OF Florida ~ ~ COUNTY OF St. Lucie ~ . ? i ; , :';~;i - I HEREBY CERTIFY, that on th~s dav, bctore me, an o(f~cer duly author~red ~n the ~ate afor arxl tht'~o4i~L~/a(ptosaid ~ James B. , Jr. ~ Suzanne Str~c~Clali~:•' • - l3 • ~ ~ ~ ~ to take acknowledgmems, pe~sonally appra~ed to me known tOrb{'thf pR(~iqesCf~lld ' l~ ~ m and v~ho executed the toreqo~ng mstrument and they acknowledged t~efore me that ~~}~~d t, ~ ' ? i'• 4 WITNESS my hand and offk,ai seal ~n the County and State last atoresa~d this 22nd day oi ~~~e ~ A.D., t9 . d ....''ie:~ ' io-`.. ~ ~ € ~ s~,~'• ~`:t• r Notary Publ~c ' ~ ~ MY Comm~ssion Exp~~: • . , ~ ~~~~1;5, . R ; SiJ! PA1:f ~ 13e? Y~ r~ i-~ r?~'.~w, p~:N? f, i, . i. . ~ www _ . w ~ . _ . . _ - ' _ Y i