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aIRECT HOME IMPROVEMENT MO{~TGAGE ~~93 ~
WITH FUTURE ADVANCE ~ T8~
THI5 MORTGAGE, made this 21St daY of September . A D , f9 79 ,between'
Lee H, Or Barbara Ti' ~ Kagtg_ IMortgagorl and ~I
- Sun.. Bank of St . Lucie Co . (Mcrtgageel,
(Name of Sun Bank) _
WITNESSETH, that Mortgagor, for and in consideration of the premises aril in order to secure the payment of the principal and
interest on the note las hereinafter defined), Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
assigns forces', the following desc+ibed real property in St. Lllcle County, Fbrida, to wit:
Lot 1r Block 273,.SECTION 3, PORT ST.-LUCIE, according
to the plat thereof on file iii Plat Book 12, page 13- (A-i) , -
public records of St. Lucie, Florida.
r_ t
x _ STATE of= FL~RILDA ~
oZ DUCI;MENTARt~~:~I,STAMI' TAX ~ - _ t;}
° DEP-T. t)
gEyENUE ~ (979 SAP 27 ~1 tV' 3~
K` - = RIl. = s~~2r~s r. • -s ` f f. 5 5 ~ '
j F EO AND FECOttt~c0
sT~UC1E COUNTY.f?~L'A.
cu°n
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a[~~ _
~tp VERIFIED ~s-
- ~ 46'x4493
(hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
and wiil defend the same against the lawful claims of alt persons whomsoever-
PROVIDED ALWAYS, that if Lee H . Or Bart)a a F KaS.te ,the Makerfsl of that
(Insert NamelslJ t
certain promissory note dated the date hereof (the Notelthelr heirs, legal representatives or assigns shall pay to Mortgagee
the principal sum of $ 7, 6U5.15 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 September , 19 $9 ,which Note provides that
all installments of principal and interest are payable at the office of Mortgagee, or at such other place as the holder may designate in
writing, and that each maker arxf endorser agree to pay all co;ts of collection, including a reasonable attorney's fee, upon default in the
payment of the Note, and that if defauk be made in the payment of any installment thereunder and that if such default a not made
good in accordance with the terms of the Note, that the entire principal wm and accrued, earrsed 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 rnv-
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- _ _
menu on said property; to carry inwrance against fire on the building on said lard for not less than $ . n,/a _ , apprpy~
by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mort
buikiirrg on Said land in proper repair. 9a9ee and to keep the
This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or
to be made at the option of Mortgagee, o? otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
it wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any
m ~ time the maximum principal amount of $ 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
abtx~atory or to be made at the option of fire Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or
2 i any other notes secured by this Mortgage_ This Mortgage rs 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
paragraph) m wha[ever manner [his indebtedness may be evidenced or ?ep:esented, until this Mortgage is satisfied of record. All cove-
nants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
~ future advance clause, _
~ i - _
i
? Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if-the
~ ~ Mortgagee- so elect, at once become due and payable and flies mortgage may be foreclosed, and all costs and expenses of collection and
reasonable attorneys' fees, inctudmg costs, expenses and reasonable attorneys' fees on appeal, ii collected by legal proceedings or
` through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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- ' IN WITNESS WHEREOF, the Mortgagor has executed flies Mortgage as of the date irrst above set forth.
S ,sealed and detrv ed
m u pressnc ~
tsEaL1
ee H . Irk
- tom, (SEAL?
S~ a~ >::~rts ;_f~~ flf rArh_riT- i = ; _ bar~^dD~lQa to
` L c .Y Clk~S 'f:' l~!:~tG BiF P.&~J,s p,~~
STA;E OF tlf~",s';T1J1! TO tAAPTiR )1-:.4, ACiS OF 191E e
Florida 1
COON?Y OF St . Lucie (iast:a PWit~
CLFAK pRCWi Cb((i1Tr ST LliiiE CO,
1 HEREBY CERTIFY, that on flies day, before me, an officer duly authorized !n the State atoresaxl and in tlse County aforesaid t
to take acknowledgments. persor~tly Ike H . or Barbara F Ka1;~ kr,oN,r, to be the person described
rn and who executed the foregorltg.At~ ~~Ad; ~ rle, acknowledged before me that they executed tlse same. '
- 4` ~ 21st Se tember
WITNESS my hand andtlffirral p{~j~ State Last afor card this d y of P -
t Notary Public
t. ~ : ~?rl MY Commissan ExPrres: ?
8001 J~~ P~E~~ - d ~
~ ' r " • IItiURY 1lSIC AA~E Oi iL~OR~ll1 AT tA1~
••a.,r ,x~
4-6014-000.7 Rev, 8177 ' ~ ~ ti MI' ~AAMISSION EX11~S AAJ1Y . IZ I4a=
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