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Home My WebLink About2424 MORTGAGE 4~~s $~-$3~.~$ . r TNIS MORTGAGE, made this 1 F,th d,y of October , A.O., 1~ 79 ,between , John N. Stein and Laura Ann Stein, his wife grtortgagal and Sun Bank of St. Lucie County (Mortgageel; IName of Sun sank 1 WITNESSETH, that Mortgagor, lo. srd in considerstan of tht wanises and M order to secure the payment o1 the principal and intNest on tM nog Ias heranaltM detinedl, Mortgagor hereby grants, assigns uanstes and mortgages to Mortgagee, es successors and assigns lorever, the lollpwirtg described real property in St. LUCle County, Florida. to veil: Lots 7 and 8, Block 2, DREAMLAND PARK, a Subdivision, according to the Plat thereof as recorded in Plat Book 7, Page 38, of the Public _ Records of St. Lucie County, Florida, EXCEPTING therefrom the North 10 feet thereof. (This is a second mortgage.3 I9~9 QCT 19 A!~ 8~ 58 3~ IIECQVEd s 3d•~$ IM rAT11EI1T o~ T~s a~' DUf ON CLASS •C' lltT~"I6'IItf P[RSQNi~t P2t;?ER?Y. FFILEO atrU bEt:un.aU ST.LUCtE COUNTY.FLA. FUFSUa3ii TO iN.lPT_Z 7~-'-~f. ACTS OF 1~1. ROGER POITRA5 RaGER P::ITnA.: ~ CLERK CIRCUIT CgOI:RT~ / A C - S CLERK CACUii CGIIAt, ST. WEE CO. RECORD ~'I:RIFiC~._--- . ~ 46?3115 _ N ihereina/tar relerred to ss the Mortgaged Propertyl: and the Mortgages does hereby fully warrant the titN to.tM Mortgaged Property - J i J and will defend the same against the lawful claims of all persons whomsoever, John N. Stein and Laura Ann Stein, his wife PROVIDED ALWAYS, that if ,the Makerlsl of that (Insert Narttelsl) ' * cersart promittpy note dated the date hereof IMe Notel, their ~l representatives or assigns shall pay eo Mortgagee • ~ the principal sum of s 16,140.33 a evrrlericed by the Hat, with interest and upon the t s as provided therein, the final ~ s ~ October ` ~ maturity date of the Note and of this Mortgage being , 19 ,which Note provides that - ~ all rtsalMnents of prrlCrpsl and rlterelt are payabN a< the offiC:! of MOrtgagee, W at finch other ptaoe as the holder may desngrtate at , ~ writing, and tl?at each maker and erdwaer agra to pay all costs o/ colNction, irtdudirg a ressonabN attorney's fee, upon defsutt in the ~ payment of the Note, srd that if default be made in the payment o/ any installment thereunder and that if such default is not made ^ a~xdar~ svitt: the tsrms of fife f~t~+te, that tl±e enfire priri£ipal siw» and severed, ...reed interest shalt became due and psyabN } ~ . 1 vrithout notice at file option Of the holder thereof; and shall perform and comply with ads and awry stipulation, agreement and tov- errant of the Note and of this Mortgage, then this Morigsge aM the estate hereby crated shall be void, otherwise the same shall remain I ~ m full fora- Maker covenants tp pay the interest and principal promptly when stns- Mortgagor eovenaMS to pay the taxes and asseu- j merits on sad property: to carry insurance against Ire on the buikfirtg on said tarts fa not Nss than s .approved by the Mortgagee, with standard mortgage loss clause paysbN to Mortgagee, the policy to be held by the Mortgagee and to keep the buikfirg on said land in props repair. i E ~ This Mortgage shall secure not only existing adebtedness, but also such futwe adwrtees, whether such advances are obligatory or to be made st the option of Mortgsgets, or otherwise, as are made within twenty 1201 years f?om the date hereof, to the same extent as it such future advances were made on the date of the execution of this Mortgage, but such sacurod indebtedness shall not exceed at any ~1y tree the maxirrwm principal srnount of s NSA plus merest, and any disbursements made for the payment ~ 'A of taxes, levies, or insurance, on the Mortgaged Progeny, with interest on such disbursements. Any such future advances, vrhether ~ - ~J oblgatory or to be made at the optan of the Mortgagee, or otherwise, may be rrsede either prior to or alter the due date of the Note or any other notes secured by this Mortgage. This Mortgages 4iven for the specific purpose of assuring any and all indebtedness by the ~ Makes to Mortgagee (but in no event shall the severed indebtedness exceed at any time the maximum principal artwunt set fortA in this paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage a satisfied of record- All cove- _ nants and agreements contar~ed in this Mortgage shall be applicabN to all further advances made by Mortgagee to Maker under this future advance Nauss. ' ~ Should any of the above covenants be broken then the Note and a!1 moneys secured hereby shall, without demand, it the Mortgagee, so elect, at once become due and payable arts this mortgage may be foreclosed, and all costs and expenses of collection and reasonable attorneys" teal, including costs, expenses and rasonabN attorneys' fees on appeal, if collected by legal proceedings or through an attorney at lave, shall be paid by the Maker, and the same are hereby severed. IN WITNESS WHEREOF, the Mortgagor has executed the Mortgage a f the sat lust set t ~ n z ( Sighed, sea and dNnered m our pr r. ISEAU r Q ort 1 oyl " '~is'Eat.l ~ tgsgor l e Florida STATE OF 1 COUNTY OF St. Lucie ~ r 1 HEREBY CERTIFY, that on this day, before me, an ollicer duly suthorued m the State aforesaid and K, the County ataesad John N. Stein & Laura Ann ~~~rt~f?~ to take acknowledgments, personally appegrgd nown to be the person described in srd who executed the la i they they ego n9 ens~itnt and acknowledged before me that executed the same. 16th October WITNESS my hand ar+d olf~ci~sal m the County and State lsu a or d: hn day of , A.O., 19 - C 1Q Q Notary Public 't a~~X318 PA~E2418 My Commnswn Expires: ['IOTAp N~tK STA1E Of MROA AT tAb 1-0O1~MS1471My.~/17 MY CQMMISSICIN~i~ MAY, 12 19!!2 E.wtw ?we M~ ~ faJft_ sr•ateatwirese