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Home My WebLink About2827 ` s a~ - - DIRECT HOME IfNPROVEMENT MORTGAGE WITH FiITURE ADVANCE ~ / 4SS"73'~ THIS MORTGAGE. made this 17th day of August , A.O.. 18 79 . between' Walter 8, Barron and Dorothy R. Barron, his rile (Mortgagor) end Sun .Bank o! St. Lucie County IMortgageel: (Name of Sun Bankl WITNESSETH, that Mortgagor, for end in consideration of the premises and in order to secure tM payment of tM prtncipal end interest On tM note las hereinafter def fried), Mortgagor hereby grants, asspns transfers ar+d mortgages to Mortgagee, its successors and Lucie assigns lorevtr, tM following descried real property in St. County, Fbride, to wit: Lot 18, Block 4, Irene Plaza Subdivision, according to tha.plat thereof filed in Plat Book 9, page 33, public records of St Lucie County, Florida. - 1919 AtJ6 2 f AM ~ 3T This is a Second Mortgage ~~R - - CIERI( CIRCWT CQAE1Rt . N STATE ad= F L O F? i C7 A l ~CORO ~TRIFIEp_.,._,_ _ ~ OOCUMENT/~RY~; -.i,,; STAMP TA X ~ RECEMEp = ~ rZ ~ MYMENT ~ TA>t~ ' DEPT. OF NEYEMUE l - ~ 01~ ON CLASS 'C' IMTANB'elf PERSiMAt PRIl~~ r a~ _ ~ ~ o Pe. ' ai?63 { 79 ~t• ~ ~ 0 f. V Q ~ 1 URSUANT TO CUAFiiA 71• sA, ACiS RF N71. s s" ~ = t t i u2 ROGER POIi~ . ~ CLEK CiR3~T tT.1NC~ 04 ~ , (hereinafter referred to as the Mortgaged Property): and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wiii defend the same against the lawful claims of all persons whomsoever. PROVIOEO ALWAYS, that if Walter B. or Dorothy R. Barron ,the Makerlsl of that [Insert Namelsll certain promissory note dated the date hereof Ithe Note), their MKS, legal representatives or assgns shall pay to Mortgagee the principal win of S 5 ~ 102.55 as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being Aug. 16 ~ ~g81 , whidt 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 endorser agree to pay atI costs of collection, including a reasonable attorney's fee, upon default in tM payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default if not made good rn accordance with the terms of the Mote, that the entire principal win and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and eov- errant 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 taxes and asseu- ments on said property; to carry inw?ance against fire on the building on sad land for not less than S n/a ,approved by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the bu~ldirtg on said land in proper repair. ~ This Mortgage shall secure not only ex~ning indebtedness, but also wch suture advances, whether h advances are obligatory or ~ to be made at the option of Mortgagee, or otherwise, as are made within twenty (201 Years from the da e~hereof, to the same extent as .r ~ rf wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not excced at any ~ O ~ (U time the maximum principal amount of $ n~a plus interest, and any disbursements made for the payment a y of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether C ~ I •H oblgatory or to be made at the optwn of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or f C ~ ~ any other notes secured by this Mortgage. This Mortgage is given for the SpeCifit purpose of securing any and all indebtedness by tM a ~ ~7 Maker to Mortgagee (but in rto event shall the secured indebtedness exceed at any time the maximum princpal amount set torth in this a ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. Atl cove- n +r pants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ O ~ future advance clause. 'O 3 s~ W - - ? a O - Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, ii the z ~ Mortgagee, so elect, at u~ce become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and .d - ~ reasonable attorceys' tees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legs! proceedings or r ~ I a1 through an attorney at law, shall be paid by the Maker, and the same are hereby secured. ~ ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed th.s Mortgage as of the date t~rst above set forth. - i r- ! Sgned, sealed and delivered in our pr Bence: • [SEALI i (Mor r) ~ t l:. ' Ate. (Mortgagor) , ; 1„ ~ r ~ 3..r ~ STATE OF FlOrlt'IH ;j~~~ t + ~r St. Lucie d r_~,~. t, , ~r r. COUNTY OF d - ~ ~ ~ tt , ,,r i. t r I HEREBY CERTIFY, that on this day, before me, an off~ter duly authorized ~n the State afOtese' ~ ~~unt ~ { to take acknowledgments, personally appeared Walter B Or DOrOthy R, Bdrly~)~ k ~e J m and who executed the for in instrument and they acknowled z - , - ~m ego g gad before that - ~ 'ex~ R • - WITNESS my hand and oifK~al seal in the County and State last aforesaid thrs ~~y I ~ Notary Public egSAR ' 1461 . My Commission Expires:M~ ~Or'1i111'iSl'J 1 ~f ~ WR SE»S s 800 J~~ PAGE ~~J~.rV ~oHOEU T'i"'`' w:~R~ rm ~ - z.-60140047 Rev. 8/77 t.K„t,R~.~