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Home My WebLink About1756 O • k': DIRECT fr10ME IMPROVEMENT MORTGAGE 456913 WITH FUTURE ADVANCE THIS MORTGAGE, made this 29th day of AuquSt , A.O., 19 79 ,between' Kline P. Blackmon and Judy L. Blackmon, his wife (Mortgsgor? and Sun Bank of St. Lucie County (Mort gageel: (Noma of Sun 6ankt WITNESSETH, that Mortgsgor, for and in consderation of the premises and in order to secure the payment of tha principal and inltrast on the rota las hetainattar def inedl, Mortgagor hereby grants, attigns transfers and mortgages to Mortgagee, its successors and assgns forever, the followttg described real property in $t, Luci@ County, Fbrda, to wit: Lot 3, Block 3, PINECREST EST~TES UNIT ONE, a Subdivision according to the Plat thereof as recorded in Plat Book 16 at page 34 of the Public Recordfa of St. Lucie County, Florida. I~ . THIS IS A SEOOND MORTGAGE • • ° 1919 AU6 30 PM 12 40 ow on doa NcM tf7tfN0id ,PrffOflEt apop«M, o • - ~I N F~E~t) pwiuatnt To Cfitptfrr 71. 1~4. Acb Oi t~71. 456913 SLR ucl P ?RA Roc~R POITRA$ F'~ t t t CLERK CIRWIT T C1e.k Ctn~it Cowl LuaN, Co., Flr. iJ,l.::~• RECOP.DYERti:q:0 .~T?~~.Ri ' • ~j~`-~ (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the tale to the Mortgaged Property w and will defend the same against the lawful claims of all persons whomsoever. ` Q;~ ti !r ~ -------PROVIDED ALWAYS; that--if - ~ine P, & Judy L, Blackmon ,.uta-Makertsl_oct •,..Z~~ yiz (Insert Namelsl) .T~1~ 1((t their i ~ ~ certain promissory rwte dated the date hereof (the Notel, hens, legal representatives or assigns shall pay to Mortgagee m = 7 953.47 t - a _ the principal sum of S r as evidenced by the Note, with interest and upon the terms as provided therein, the final ~'t ' maturity date of the Note and of this Mortgage being Au 3t 28 . 19 86 ,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 n writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default en the payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default is r?Ot made ti : ;;1~IE good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable ~:,utiil' without notice at the option of the pokier 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 vod, 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 assess- ii merits on said property; to carry insurance against fve on the budding on said land for not less than S II/`; ,approved by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper repair. ~ 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 otherwise, as are made within twenty (201 years from the date hereof, to the same extent as i ~ f O tf wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any O torte the maximum principal amount of $ ~a pius interest, and any disbursements made for the payment ~ U of taxes, leases, or inwrance, on the Mortgaged Property, with interest on wch 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 c U any other notes secured by this Mortgage. This Mortgage is gwen for the specific purpose of securing any and all indebtedness by the a Maker to Mortgagee (but in rto event shall the secured indebtedness exceed at any time the maximum prinupal amount set forth in this a paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage K satisfied of record. Alt cove- Oi ~ netts artrf eyteemetrls r:o~~tautrtf in This ~~tyuye shaft be ap~itiCdrit2 t0 alt furthar od.urn:@; made ty :.Sariyagrz to m'otiEr t::ttSer :his ~ ~ I N future advance clause. ~I a~ O Should any of the above covenants be broken then the Note and all moneys secured hereby shall, wtthout demand, if tfie z x Mortgagee, so elect, at once become due and payable and thts mortgage may be foreclosed, and all costs and expenses of collection and b reasonable attorneys fees, including costs, expenses and reasonable attorneys' fees on appeal, if collected by legal proceedings or ~l ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. z ~i f ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. - i~ Signed, seal and delivered in our pre n s~~af.~~[~~Cf~/v~- (SEAL) (Mortgagor) 6 (SEAL) (Mortgagor 1 r STATEOF Florida 1 t COUNTY OF St. Lucie 1 ,,r?.~~ .-C~'~t',; . ~ 1 HEREBY CERTIFY, that on this day, before r~ ~ Y~ep-m the State afortrsad and rn the County aforesad - .,,iJ • ~ n to take acknowledgments, personally appeared - j ~r ~ $~C~b me known to be the person described .n and who executed the foregoing instrument and ~ *r. • nOerled¢d before me that they executed the same. WITNESS my hand and official seat in the County 1 29 y of AutluBt . i ~ ~.~A r ~on-Fxpaei~____ _ _ •J! a~ R.~tTt rl+tr !K T!ns~+)l /1T' f`; 4(11+-000.7 Rav. 8/77 aQtN.~~~ P~f !dY : C:r t ~i i s ;'C•: ' ~ - _ _ t ; t I E.ecuhue 0.eq i ~C'r+it~D TtikU G; r.+.ru 1 r„ ; c