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DIRECT HOME IMPROVEMENT MORTGAGE 45930 - ~
WITH FUTURE ADVANCE
THIS MORTGAGE, made this 9th day of August A.O., 19 79 ,between
Jack JL Bnterline and Karen T. ~~grline IMortgagorl and
Sun Bank of St. Lucie County IMortgageel; ~
(Name of Sun Bank) }
WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the payment of the principal and
interest on the rwte (as hereinafter definedt, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
auigns forever, the following described rest, property in $t. Lucie County, Fbrda, to wit: -
Lots 32 and 33, Block "M" MARAVILLA ESTATES, as per plat thereof on
file in Plat Book 8, page 77 of the Public Records of St. Lucie County,
Florida.
(This is a Second I'brtgage)
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STATE `,~_~L-~ ~ ~ ~l9 At1G 14 PM l2~ 2S
D~CUMEN?ARY,~.,~:~~S1AM ~ i t. ~ -
qf{ DEf
7.
3i REYENUFt:''~' ~ - _ F 0 AEK,OgRgE~CJ~O RECEIYEO: ~.'T I IN PAriEMT OF TAXR i
- a~S 1 ~'1S i , ~ 6 ff ST~ RCPOITRA$a~ DUE OR CtOSS~ C
NTR S
8!E PEItSOMAt iROPENTY,
`j ~ Pa. U C(RCINT t~t(RT FU6SUAIIi TO CHAPT.R 71.124. AG1S Of 1171.
1 - 111:2 . ~ - - ROCfR (>mTFAS
RECORD YERIFIEn_ ;
l~i~ COWIT, tT. tNgE 00.
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(hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
and will defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that if Jack J & Karen T. Enterline ,the Maker(s) of that
(Insert Namelsll
certain promissory mote dated the date hereof Ithe Notel, thESt r heirs, legal representatives or assigns shall pay to Mortgagee
the principal vein of § 10354.96 as evidenced by the Note, with interest and upon the terms as provided therein, the final
maturity date of the Note and of-tha Mortgage being Al1gU8t 8 , 19 $3 ,which Note provides that
all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in
writing, and that each maker and indorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in ills
payment of the Nt+te, and that if default be made in the payment of any installment thereunder and that if such default is not made
good in accordance with tl a terms of the Note, that the entire principal sum and accrued, earned interest shall become due and payable
without nonce at the option of tha holder thereof; and shall perform and comply with each and every stipulation, agreement and cov-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxe_ s arW assess-
ments on said property; to carry inwrarxe against fire on the_ building on said land for not less than § ~ ,approved
by the Mortgagee, with standard mortgage bis clause payable to Mortgagee, the policy to be held by the Mort
budding on said land in proper repair. 9a9ee and to keep the
This Mortgage shall secure not only existing indebtedness, but also such future advances, whether wch advances are obligatory or
to be made at the option of Mortgagee, or ptherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
~ if wch future advances were made on the date o~te execution of this Mortgage, but wch secured indebtedness shall not exceed at any
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m ~ Sr j time the maximum princpal amount of § plus interest, and any disbursements made for the payment
o ~ ~ ~ of taxes, levies, or inwrance, on the Mortgaged Property, with interest on such disbursements. Any wch future advances, whether
obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or
~ ~ ~ ~ any other notes secured by this Mortgage. This Mortgage n given for the specific purpose of severing any and all indebtedness by the
Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this
~ ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove-
~„a ~ Hants and agreements cpntained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
~ ~ ; future advance clause.
~ ~
z ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shalt, without demand, if the
L~ ~
;w ; Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
Y ~ j D ~ reasonable attorneys fees, including cUSts, expenses and reasonable attorneys" tees on appeal, if collected by Iega1 proceedings or
, through an attorney at law, shall be paid by the Maker, aril the same a"re hereby secured.
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s ~ ~ ~ f IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth.
~ ~ Signed, sealed and delivered
~ ~ in our pre e:
Irr~
(SEAL)
r (Mort~r)
L!-~~~ ~l1na. Qom'`'''' ~ c' - (SEAL)
~ ~ (Mortgagor) ,
STATE OF Florida { r..
COUNTY OF St. Lucie ~
S•,~; ~
1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the State afop~ard~ai~,~jlteQsrylfyalfgresaid _
1
to take acknowledgments, personally appeared Jack J. & Karen T. Enterli t - ?
mej krll~rllrr~ lam. tom`' c'tr~>adrYt/~~d;rbed
in and who executed the foregoing instrument and they acknowledged before me that ,~tx - ttta~?~IDe. E
WITNESS my hand and offraal seal m the County and State last aforesaid this 9th -de~ f• ~ :
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~
Notary Public "p RY fx~Alt~ S*tyTE ~ -
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