The URL can be used to link to this page

Home My WebLink About2928 ~ DIRECT NOME IMPROVEMENY MORTGAGE 4so;~s WITH FUTURE AOVANCE THIS MOHTGAGE, mxle this 3rd a~ Jllly , A_D.. 19 79 . be~ween David C. Egers and Carol M. Egers, his wife ~Mo„9~~~ a,~ Sun Bank of St. Lucie County (Mortpageet: . ~ ~ (Nameof Sun Bank) WITNESSETH, that Mortgagor, tor arxf ~n cons~derat~on ot the p~em~ses and in order to secure the payment of the princ~pal and ~ncerest on the note (ss here~natte~ def~nedl. Mo~tgagor hereby grants, au~gns translers and mortgages to Mo~t9apee, ~tssuccessorsand assiy~s torever, the tollowing described real prope?ty ~n St. Lucie County, Fb?da, to wit: West 120 feet of Lots 21 and 23, Block 3, Sunrise Terrace, a Subdivision. according to the plat thereof on file in Plat Book 5, at page S5, of the Public Records of St. Lucie County, Florida. ~ - z ;~i9 JiJ~. -5 ~ ~1 ~ o~- ~ J Q ? F,~EO A?~u s~ conuca - ~ ST.lUC1E COUy(Y.FIA. ~ R06ER POITRAS • ~ (This is a Second Mortgage) CLERiS CIRCUIt CCURi ~j~~i~ o /1 ~N P~Y5IENT CF TAft~S ~ kf~0 ~'t~'~ ~%'fl.c.~~~ ,~E 011 CUSS ~C' IYTAxG 8LE PfG°;:.~i r~.~: ;,,Tr~ ,_,-T,~-~=c-_.r ~L.J, ~ _ , ~ PUAStlIU~T TO CN :FTc 1 7t-:,:~, R~rS Of 1'~Jl. _ _iiMfNIAF.~ STt.,'~lt. ~ 'j ~ v ' ;i K~.VENJF - - fi~C:R P.:ITt'iAT - 0 5. ~ 5~ 450i~6 ~ ascurr cauaT, sr. u~e aa, rt~ F- _.:~:-S'79~=.s~ . ~ cI ' E. ; - ~ _ . . Q ~n a ~ . - C ~ (here~nafter re(erred to as the Mortgaged Property): and the Mort9agor does hereby fully warrant the t~tle to the Mortgaged Property > and w~il defend the same agamst the lawfut ciauns oi all persons whomsoever. ~ PROVIDED ALWAYS, that I( David C. ~ Carol M. Egers , the Maker(s) of that z [insert Namelsll ,y ~ certain promissory note dated~ the date hereof (the Notel, their he~rs; Iegal repre<_entaaves or ass~gns sha11 pay to Mortgagee the prmcipal sum of S 3 s662. 3~ as ev~denced by the Note, wrth ~~terest and upon the terms as prov~ded there~n, the finat maturity date of the Note and of this Mortgage be~ng JulY 16 , 1g 82 , wh~ch Note provKfes thaf : all installments ot princ~pat and enterest are payabie at the oftice of Mortgagee, or at wch other place as the holder may des~gnate ~n wr~t~ng, and that each maker and eneforser agree to pay all costs of collection, ~ncluding a reasonable attorney's fee, upon defautt m the J' payment oi the Note, and that ~f default be made in the payment oi a~y installment ihereunder and that rf wch default ~s not made good in accordance w~th the terms of the Note, that the ent~re princ~pal wm arxl accrued, earned Interest shall betome due and payable wrthout not~ce at the opuon of the hotder thereoi; and shaN perform and comply wrtn each and every shpulation, agreement and cov- enant of the Note and of this Mortgage, then th~s Mortgage and the estate hereby created shall be vo~d, otherw~se the same shatl rema~n m full force. Maker Covenants to pay the ~nterest and pnnupai promptly when due_ iNortgagor covenants to pay the taxes and assess- I ments on sa~d property; to carry ~nsurante agamst t~re on the tw~ld~ng on said Iand for not less than $ NA , approved . by the Mortgagee, w~th standard mortgage loss clause payabte to Mortgagee, the pol~cy to be held by the 1Aortgagee a~d to keep the bu~ld~ng on ~~d larxl in proP~ repair. . ~ This Mortgage sha11 secure not only ex~st~ng indebtedness, but also wch tutu+e advances, whether such advances are oblgatory or ~ to be made at the opt~on o( Mortgagee, or otherw~se, as are made wrth~n twenty 1201 years from the date hereof, to the same eztent as ;i wch (uture advances were made on the date oi the execution ot th~s Mortgage, but such secured rndebteriness shall not exceed at any u ; ~ Lme the max~mum pnni~pal arrou~t o( S ~ plus ~nterest, a~d any d~sbursements made tor the payme~t ~ ; p~ of taxes, levies, or ~nsurance, on the Mortgaged Property, with interest on wch d~sbursements. Any wch iuture advarxes, whether V oblgatory or to be made at the opt~on oi the Mortgagee, or otherw:se, may be made e~ther pnor to or after the due date of the Note or _ i y any other notes secured by this Mortgage. Th~s Mortgage n grven (or the specihc purpose of secunng any and all ~ndebtedness by the Maker to Mortgagee (but ~n no event shall the secured ~ndebtedness exceed at any hme the max~mum prmc~pal amount set forth m th~s IU paragraph) in whatever manner th~s ~ndebtedness may be ev~denced or represented, until this Mortgage ~s saUSt~ed o( record. All cove- ~ nants and agreements conta+ned ~n th~s Mortgage shall be appl~cable to all turther advances made by Mortge9eP ro hlaker under thn ~ ' ` future advance clause. s' 'iy! _ . Cn ~ a.r' Should any ot the above covenants be broken then the Note and all moneys secured hereby shall, wrthout dema~cl, if the J''i w Mortgagee, so elect, at once become due and payable and thn mortgage may be (oreclosed, anef aU costs and expenses of collect~on and < 8 O reasonabie attorneys' tees, ~ncludmg costs, expenses and reasonahle attorneyi faes on appeat, ~f collected by Iega1 proceed~ngs or ~ ` ~ x through an attorney at law, shall be pard by the Maker, and the same are hereby secwed. _ G~ ~ ? ~d ~ ~ tN WITNESS ~'VHEREOF, the Mortgago~ has executcd thn Mortgage as o( the date t~rs* ~ovv set fo~th. . ~ ~ U, G y Sg~ed, sealed and de~rvered ~ ~ ~ m our pre ce: . - i ~ t ~ ~ ~ ISEAL) g - IMOr~ga90 `R ~ ~L i i # ~ ~ '-y _ ISEAU , i Mor tgagor ? < ~ $ STATEOF Florida ~ ; ' . ` COUNTY OF $t. Lucie ~ . j.~~•~:: ` ~ ~ 1 HEREBY CERTIFY, that on th~s day, before me, an oH~cer du~y authonred ~n the Srate aforesa~d and.iA_tIK.• ntyafo~efaid • - David C. 6 Carol M. Egers ' ~ +.o take ac4nowledgmentz, perspnally apprared to me knoW~ tp bB ~I[w f0~t~itr~l ~ F m ara~ who exec+:ted the fo~ego~ng ~ns!rument and they acknowledged be(ore me that ~ e~cu~he same. WITNESS my hand ancf offK~al seal ~n ihe Couniy and State Iast a}oresa~d th~s 3rd day of •~111Y~CQ, , AO,t9~-. , . ~ Q.21 . ` ~ ; ' Notary Pub1~c . 311 2~~ Mv Commissron E~ir~v -<t' r~` FL~N~~~ ~i l~tG l; M. - ~ ~r M. ~:~r .1I,~ „1~1v E~VIRfS IW~V '[6 i981 3 ~ ° E~ r.vrU •:-Rc~..r~,i4Al '~t tiN;~F1.Ri'i~:.,. ° 4 6014-000~7 Rev 6!77 v.ri~ ~