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Home My WebLink About2225 - ~ - MC~RT~A,GE ~ ~ - ~ 3~ ~ _ - ~s~os ~ THIS MORTGAGE. itade this 1st cloy of OCtOber A.O., 79 79 . bettNeea Dorothy Smith and Albert Smith her husband (Mortgagorl and Sun Bank of St. Lucie County - _ ftdortga9eel; 1Name o1 Sun Bank' WITNESSETH, that Moregapoc, for arxl m consitteration of the premises and in order to secure the payment of the principal and interest on the note las heremaftei deliritdl, Mortgagor hereby rants, auigns aansfers and mortgages to•4lortgagee, rtssuccessorsatx! ~t. Lucie sssigns forever, the lollowrrsg tfescrtbed rpl property m County. Fbrida, to wit: •Lot No. 3 and the Northerly 1/2.of 4, ip Block No. 14 as shown on the Plat of SUNLAND GARDBNS, said plat having been recorded in the office of the Clerk of the _ Circuit Court, Ft. Pierce, Florida, on September 10, 1947, in Plat Book 8, page 32.- This is a SEcond Mortgage - QCT -2 PN ~ 37 _ ~ ST~`IJCIA~COINITY.Ft`A. WOOER POITRAS RECEIYEO = O• ~ IN PAYMENT OF TAIIEt _ CLERK CIRCUIT COUR~ DUi ON CL>1SS 'C 111ilXG'BlE PERS3N111 PROPERTY. .AECORO YERIFIEO~~ FURSUANi TO ClIAPTER 71-134. RCTS OF 1171. RDBER PINTRJIS CLEK C1'iCOii COORT• ST. IIICIE COi.. F1Ar - - - (t?ereirtafter referred to as the Mnrtgagtd Properryl. and the Mortg.'igor does f?eiebyifuily warrant the 1rNe to the tAortgagetl Property _I 111 lu~ OU anti whl defend the same against the lawful clautts of all persons whomsoever- - o C^ PROVIOEO ALWAYS, that if DOrothy Smith and Albert Smith, her husband , the Maker(:! of that Ill) 'i Unsert Namelsli _ ' _ - ~ ~ Z certain promissory note Dated the date hereol Ithe Nntel, their hens, legal representatives or assigns shah pay to Mortgagee N 2 ~ the principal sum of s 10, 068.29 as evdenced by the Note, with interest and upon the terms as provided therein, the final V b ~,,,m ~ l? maturity date of the Note and of this Mortgage being OCtOber 1 , fg a9 ,which kotr provides that Tl alt installments of principal and interim air payable at the office of Mortgagee, ar at wch other place as tt?e hokMr may designate in '•(•jt~++'_ writing, and chef each maker and endorser agree to pay alt costs of collection, inClixiing a reasonable attorney's lee, upon default rn the ~,a~~ ~ payment of the Note, and that if default be made m the payment et any installment therturtder and that rt such default K 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 t f f +rwthout notice at the t>QtiM of the holder thereof: and shell perform and comply with loch and every stilwtation, agreement and cov- DO errant of the Note and of this !Mortgage, then this Mortgage and the estate hereby created shah be void, otfierwcse the same shall remain in full force. Maker covensnts to pay the interest and principal promptly when due- Mortgagor covenants to,,p~ay the taxes and assess- ` ( ~ meats on said property; to carry insurance against foe on the building on sad land !or not less flora S _ a _ ,approved ( ~ -r0 by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mo+tgagee and to keep the t ~ ~ burldrrtg on sad Isnd in proper repau. , ,Y ~ This A•.; ctgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are nblgato?y or to be made at the option of Mortgagee, or othe+wise, as are made within twenty 1201 years iron the date hereof, to the same extent as it wch future advances were made on the Date of the execut:tsn of This Mortgage, but cacti secured irxlebterlness shall not exceed at any trine the maximum principal amount of S - - n/a plus interest, and any disbursements made for the payment _ of taxes, levies, o+ inwrance, on the Mortgaged Property, with interest on wch disbursements.-Any wch future advances, whethd oblgatory or to be made at the option of th. Mortgagee, or otherwise, may be made either prior to or after the duP date of the Note or any other notes stcured by this Mortgage. Thos Mortgage is green for the specific purpose of securing any and all indebtedness by the A7aker to Mortgagee (but m no event shalt the secured indebtedness exceed at any time the maximum principal amount set forth n this 1 paragraph) m whatever manner this irxlebtedness may be evidenced or represented, until this Mortgage is satrslred of record. All cove- _ Hants and agreements contained in this Mortgage shad be applicable to all further advances made by Mortgagee to Maker urder this future advance clause. _ - Sttouid any of the above covenants he broken then the Note aril all moneys secured hereby sfwtl, without demand, d the Mortgagee, so elect, at once become due arxf payable artd this mortgage may be toreclosed,_and all costs and e,rpenses of collection and . reasonable attorneys feet, including costs, expenses and reasonable attorneys' tees on appeal, if collected by Ipgal proceedings or through an attorney at law, shall be pad by the Maker, and the same are h?reby secured. 1}( IN WITNESS WHEREOF- ti,e Mnrtgagnr hoc err~cutetl this Mortgage as of the date fast above set forth. ~ 3 Siyrtect, seated aril. etivererl m our presentees (BEAU r ~ (M g r _ ~ _ 'L ISEAU ( r: to STATE OF Florida 1 ~ r ' Lt St. Lucie I ~~~1M~ -~~~s,;`- - - ~ ~ W ~ O r COUNTY OF 1 Y_ L ~ ~ ~ ~ LS.- ~ . OJ p t HEREBY CERTIFY, that on this day, before me, an officer duty wrhorired n the State aforesaid q?•fite my ~ t+- z - Dorothy Smith and Albert Sin' fr O to take ackrowledgnients, personally appearesf _ ~O~lfe kno rod's tl~ert~n ~7 V ~ in and who executed the fa i y ~ o W ego rip instrument and the acknowledged before mt that _±~~et4ted~~r "ti~t~` O d ~ WITit~S my ftard and official seal in the County aril State last s or this 1St dsY f % ~C - tb $ N ~ Notsry Public err u.."• _ ~ E? .1rfy CommKSron Expires: ~ - g~~~~ ~~GE'/ , i iwIDRARY NNLI~ AAl'E a Iti0R10A AT IIIRQ ROtrt-ODf}7 Ftwr.B/77 MY COMMISS1dil E1~1let uar re t..w+arnii