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~ T A E 4~sss~ i
OIRECT HOME IMPiIOVEMENT MOR G G ~
WITH FUTURE AOVANCE
THIS MORT(3AGE, mid~ this a9 d~y ot `7~e , A.D., 19 79 , bttwNn
Charles Christopher Hill and Mary 8laine Hill, his Wife u~to.t~1 a~d
Sun Bank of St. LUc e County IMon~.De.1;
(N~n+~ of Su~ 8~nk1
WITNESSETH, tAst Mortp~gor, ior ~nd in cons~rst~o~ of tM prem~s~s and in ordK to ~ecun tM psym~nt ot the pnnc~psl and
int~nst on th~ not~ (a hK~inafta d~f in~dl. Morcypo~ hK~by p~~~ts, ass ns transters and mat9ap~s to Mortppee, its wccasor: snd ~
St. ~ucie
~ui~~s /orwt~, tM folbwinp d~strib~d real propertY in County. Fbrida, to wit:
Lot 4, Block 2, SHAitPBS SUBDNISION, as per plat thereof on file
in Plat Book 8, paqe 61, public records of St. Lucie County, Florida.
This is a Second Mortgage ~
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~ ~979 .M. ' 2 P~i ~ S 2 ~R"auant To Chept~r
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o R40ER rq~~ OI 1571. _
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TRASA. ~4 C~h ~R S~ l.uef~, Co.,~~~ -
~ CI.ERK C~RCUIT COU~_-Q~. , , ,
w RLCORD VERIFIEQ_~` ~ '
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ai (hereinafte~ referred to ss the Mwtqaped Property?; end the Mortgspor does hereby fully vrarrant the title to the Mortgaged Property
} and will defend the same against the lawful elaims of ell persons whomsoever.
F Charles Christopher Hill and Mary Elaine Hlllthe Makerls) of thst _
PROVI~EU AIWAYS, tf?st if ,
z Ilnsert Namels?1
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~ catsin promiuory note dated the date hereof (the Note1, their ~;n~ representatives or assigns shall pay to Mortgagee
p the principal wm of S 3, 275. 28 ~y the Note, with interest and upon the cerms as provided therein, the final
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w maturity date oi the Note and o/ this Mortgage being JUIi@ 26 , ~g 8 , which Note provides that
~ all installments of pri~cipal arKf i~te.est are payable at the otfice of Mortgagee, or at wch other ptace as the holder may desig~ate ~n
a
N writing, and thst ead~ maka and endo~ser ayree to pay all costs of collection, including a reasonable attorney's fee, upon default in the
payment of the Note, s~d ihat ii default be made in the payme~t oi any installment thereunder and that ii wch detautt is ~ot made
, good in accordanCe with the te?ms of the Note, thst the entire principal sum and accrued, earned interest shall become due and payable
without notice at.the option of the holder [hereoi; and shall perform and comply w~th each a~d every s~ipulation, agreement and cov-
enant of tNe Note and of this Mortgage, then this Mortgage and che estate hereby c~eated shall be void, otherwise the same shall remain
in tutl foru. AAaker toverwnis to pay the interest ard printipai promptly when due. Mortgagor covenants to paN the taxes and assess-
- me~ts on said property; to carry inwrance apainst fire on ihe building on said lard for not less than s n~a , approved
' by the Mortqapee, with standard mortgage loss clause paysble to Mortgagee, the policy to be held by the Mortgagee and to keep the
~ building on said land in proper repair.
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! ~ This Mortgape sha~i secure not only ex~sting indebtedness, but atso wch future advances, whethe? wch advances are obligatory or
~ ~ to be made at throption oi Mortgagee, or otherw~se, as are made within twenty (2(1! years trom the date hereof, to the same extent as
f ~ if wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shatl not exceed at any
~ ~ U time tAe maxirtwm principal arrwunt of s n~d ptus i~terest, and any disbursements made tor the payment
~ p ~ oi taxes, levies, or inwra~te, on the Mortyayed Property, with interest on wch disbursements. A~y wch tuture adva~ces, whether
obligatory or to be made at the option of the Mortgagee, or otherwix, may be made either prior to or atter the due date oi the Note or
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~ ~ any other notes secured by this Mortga9e. This Mortgage is given for the specific purpose of securing any and alt mdebtedness by tiie
W Maker to Mortgapee (but in no event shall the secured indebtedneu exceed at any time the maximum principal amount set (orth in this
~ • parapraph) i~ whatever manner this indebtedness may be evidenced or represented, until this Mortgage K satisfied of record. All cove-
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Q N nants and a9reemenb contained in th~s Mortgage shall be applicabte to all turther advances made by Mortgagee to Maker under this
~ ~O W future advance clausc. •
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~ W x Should any of tlie atwve covenants be broken then the Note and aU moneys secured hereby shall, without demand, ii the
~ ~ Mortgagee, so elect, at once become due and payable arid this mortgage may be foreclosed, and all costs a~d expenses of collection a~d
reasonable attorneys' tees, including costs, expenses and reasonable attorneys' fees on appeal, if colleceed by legal proceedings or
~ through an attorney at law, shatl be paid by the Maker, and the same are hereby sscured.
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~ IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as of the date 1~rst above set (orth.
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~ ? . Sgned, seated and delivered
~ m our pr ce:
~ - ~ ISEAU
~ ' ~ t _ tga~or) c'
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~ -~.if ~ (Mortgagor? ISEAL)
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~ ; ? 1! ~1! STATEOF Florida ; ~
~ ~ COUNTY OF 1 '
`n . St. Lucie ry. !
1 HEREBY CERTIFY, that on th~s day, before me, an oif~cer duly authonzed m the State aforesaid a~ /~;ilie.Qqunty aiqresad
~ to take ack~owledgments, v~•~~wuY ~a~ea Charles Christopher HZ11 anc~o~~~1.~g~~~'~R
•i,,yr
~ •
Ql~ ~ m and~who executed the torego~r?g mstrument and they atknowtedged before me thst ~'execu •t~ie'vms. I
N 29 ~'~;`t`~,~c~ -
~~`Z~W ' WITNESS my hand and oft~c~al seaf m the County and SWte last aforeia~d this dsy ot~,cr I
: ~~a ~ A.D., 19~~. ~
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~ d ° Notary Pubhc ~AIE }
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Bo~K 311 PA~f2234 ~~f.~ =
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