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Home My WebLink About2226 . i.,` - . DIRECT HOMEIMPROVEMEKT s " ~$~~~d~,, WITH FUTURE ADVANCE MQRTGAG ~s~.1,os ~1 THIS MORTGAGE, made this 24th day of Septembtar , A.D , lf7 79 , fse:w.ert' _ Bdward T. Conrad and Dorothy J. Conrad, his wife _ IMort9a9or1 aid 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 tM payment of tM principal snd interest on the note Ias hereinafter definedl, Mortgagor hereby grams, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, tM following descrtbed real property in St. Lucie county, Florida, to wit: The West 250 feet of the following: • p ~ A ~ ~ of= The South 172.86 feet of the North 345.72 feet of the r" l_ U d-[ , L, . West 530 feet of Outlot 11 and the South 52.14 feet of OCUMENTARY ",.",,STAMP TAX ~ Block ?9, the abandon 80 foot street, .and the North iEPT. 0~ MU'E,~:.,.. ~ o. ~Ci:Yt9~ ~ ~ 40.72 feet of Block 80, all in White City SfD as recorded - lPez : ~ ~ 5. O O ~ in Plat Book 1, Paqe 23 of •the Pubic Records of St. Lucie - ~ County, Florida. - t-.TT-~- THIS IS A SECOND MORTGAGE l~,ou , 1919 OCt -2 P1~ ~ 37 _ RECEfVED s~ IN PAYWElIT OF TAXES fILEO ANO PES:UnUEU ST LUCtFkCOUNTY. FLA. DUE OM Cuss `V`• 18T."'~G 131E f ~ f'SC~i1!l PRC?ERTY, ~tOGE POITRAS FURSUtJIT i0 : N:1PI~ Tl-•• 4, ~i,TS OF 1971. CLERK CIRCUIT CQUR f:~4_d P~.ITfAS ~ RECORD VE[tIF1E0_ CLERK CiaZCUQ COURtr Si. U&i:lE COi F~ - 4s~os - (hereinafter refired to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and will defend tM same against the lawful cla"uns of all persons whomsoever. - - PROVIDED ALWAYS, that it Edward T. & Dorothy J. Conrad ,the Maker(s) of that [Insert Namelsl) certain promissory note dated the date hereof (the Notel, their heirs, legal representatives or assigns shall pay to Mortgagee the principal wm of $ -9 ~ 927' S0 as evidenced by the Nute, with interest and upon the terms as provided therein, the final 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 such other place as the hc+irfer may designate ~ writing, and that each maker and endorser agree to pay all cans of collection, including a reasonable attorney's tee, apon 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 is riot made good it. accordance with the terms of the Note, that the entire principal sum and accrued, ~rned interen shall become due and payable without notice at the option of tte holder thereof; and shall perform and comply with each and every nipulation, agreement and cov- enant 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 fo?ce. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay tM taxes and assess- li ments on said property; to carry insurance against ire on the building on said land for not less than $ n~a ,approved by the Mortgagee, with_ narxlard 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. This Mortgage shall secure not only exining indebtedness, but also such future advances, whether such advances are obligatory or ~ to be made at the option of Mortgagee, or otherwise, as are made within twenty 120) Years from the date hereof, to the same extent as if such future advances were made on the date of the execution of this Mortgage, but wch securnd indebtedness shall not exceeo at any } U time the maximum principal amount of S n/a ~ plus interest, and any disbursements made for the payment m p y of taxes, levies, 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 o= Q ~ any other notes secv~ed by this Mortgage. This Mortgage is given for the specific purpose of securing any and all indebtedness by the ,~11 a Maker to Mortgagee (but in r?o event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- N Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ ~ future advance clause. - ~ O W - ' z ~ O Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the ~ O ~X Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ a A reasonable attorneys' fees, including costs, expenses and reasonable attorneys tees on appeal, if collecte.l by legal proceedings or ~ ro~ WC~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. , ? rt a IN WITNESS WHEREOF, the Mortgagor has executed this Mosty~age as cf the date first above set forth. ~ ~ N H Sgred, sealed and delivered - - in our pre nce: - (SEAL) t (SEAL) ort9agor) t STATE OF ' FlOrlda 1 ` . COUNTY OF i t' ~'3~^ St. Lucie ~ =Fy. y • ~ • ~ra t HEREBY CERTIFY, that on this day, before me, an officer duly aytlt~r,i~6-.ip./~t~g and in the County aforesaid to take acknowledgments, personally appeared _ Edward T • & y~~.(3 ~}~~v~3 , 3P' ~ to be the Person described t,~'le _rto~tore r ~i~' ' ex fed M same. m and who executed the foregoing instrument and y ,ack, _r.. z . WtT my hand and offiaal seal m the County and State lan'dfor~id t ; = T , - A.o.,19 - My Cort?mission~z~ ~1t~ g - - ffa~iew 1aa. u 1ig0