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o1RECT HOME IMPROVEMENT MORTGAGE
WITH FUTURE ADVANCE L•~~'345 V\ ~
THIS MORTGAGE, made this 29th day of Alxg118t A.O., 19 79 .between'
Robert S. Myers and RebTdti/ ers, his Wife tfiAortgagor) 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 note (as hereinafter defined(, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the tolbwing described real property in St. Lucie County, Fbrida, to wit:
Lot 5, Block 6, REPEAT OF PALM GARDENS, as per plat thereof on
file in Plat Book 12, Page 42, of the public records of St. ,
Lucie County, Florida
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DOCUMENTARY --°;~STAMp Ta_a:
DEPT. {?F RE1'ENUE ~--'~`'a;= c
1~t~ s O v O ,
This is a second mortgage. pp. ='~~'S'~S 1
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~9~~ SEP -5 PN 2~ 46
FI``EO ANO RECppRDED ~ _ ' ~ r ~
ST.LUCIE COIA~ITY.
ROGER POITRA~A- pgE p QASS 'C (tITANQlKE ~
b CLERK CIRCUIT TO tWltTli 7i-t30„ W! ~ 1?I. -
RECORD VERlFIEa IS1CN ~ ~dIO~
U1 ~ Otis iiKQ Ci4:L I>li>E CtLe RAa~ ° s~
45'345
(hereinafter referred to as the Mortgaged Property(; and the Mortgagor does hereby fully warrant the title to the Mg~aged Property
and wi11 defend the same against the lawful claims of all persons whomsoever.
_ _ _ ~ vM~ .
- Robert S. & Reba ers-~~ L,,-~+:...... •
PROVIDED ALWAYS, that if ~ ,the Maker(s) of that
[Insert Namelsll
certain promissory note dated the date hereof (the Notel, their bears, legal representatives or assigns shall pay to Mortgagee
the principal win of S 4, 349.52 ~ evidenced by the Note, with interest and upon the terms as provided therein, the final
August 28 89
maturity date of the Note and of this Mortgage being , 19 ,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 endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the
payment of the Note, aril that if default be made in the payment of any installment thereunder and that if wch default is not made
good in accordance with the terms of the Note, 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 cov
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 assess-
I
ments on said property; to carry inwrance against fire on the building on said land for not less than S n~a ,approved
by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
building on said land in proper repair.
j This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or
~ gages, or otherwise, as are made within twenty 120) years from the date hereof, to the same extent as
I ~ to be made at the option of Mort
f O if wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
~ ~ time the maximum principal amount of S n/a plus interest, and any disbursements made for the payment
of taxes, levies, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether
! oblgatory 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 K given for the specific purpose of securing 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
i paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove-
~ Hants and agreements contained in this Mortgage shall be applicable to alt further advances made by Mortgagee to Maker under this
future advance clause.
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G ; Should any of the above covenants be broken then the Note and a!I moneys secured hereby shall, without demand, if the
Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
reasonable attorneys fees, including costs, expenses and reasonable attorneys" fees on appeal, if collected by legal proceedings or
I through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
~ ~
z r~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date t~rst above set forth.
!
Sgried, sealed and delivered
in our p sence:
~ (SEAL)
( r?
I ' v ~ (SEAL)
(Mort r) ~
STATE OF Florida I
St. Lucie
COUNTY OF 1 ~
1 1 HEREBY CERTIFY, that on this day, beip.e me, an officer duly authonred in the State aforesaid and in the County aforesaid
to take acknowledgments, personally appearfd, . 'rt $ & Reba Myers to me known to be the person described
~rii
in and who executed the foregoing instrilrtfeni~ ~ y acknowledged before me that they executed the same.
WITNESS my hand and official seal idt ~ .~ete lost r id this 29~ day of All St
,
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F;• Lary Public
ppl~y~.[[ ~ .••;t'My Commission Expires:
3~5 iAOC~IrVW '~~r~'r • ~ ` ~'..ltc'~'12'~~1('st,- r.{ r1..~ :A AT
4.6014000.7 Rev. 8/77 ~ ' l " ~ _ Z ? , r.K.uM a.•.+