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DIRECT HOME IMPROVEMENT 4635'7U
MORTGAGE 3~
WITH FUTURE ADVANCE
19 October 79
THIS MORTGAGE, made this day of A.D., t9 , between
Barry L. Parker_and Sharon J, Parker,_his wife _ _ _ IMortgayor) and
Sun Bank of St. Lucie County
_ _ IMortgageel:
(Nameot Sun Bank)
WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the payment of the principal arul
:merest on the note las hereinafter def,nrdi, Mortgagor hereby grants, as;iyns transfers and mortgayes to Mortgagee, its successors and
assigns forever, the following described real property rn _ St_._ LIICle County, Florida, to wet:
Lot 13, BRIARGATE SUBDIVISION, according to the Plat
Thereof recorded in Plat Book 14. Page 19, Public Records
of St. Lucie County, Florida.
(This is a Third Mortgage
`1 FILED 4h. N: t.:1NLt L'
RE°"~`~ S /3 9
1.~ tt• p1" '`IT ^F TAXES ST.LUCIE CQU4iY.Fl i:.
O f - y ` 1 ERTy, ROGER POt TRAS
Q i . _ , - ~ CLEKX CIF.CU ~ C"UP"
(/j t •-l, .,r 1971.
, r i. ~ 1. y,
CL-i;X G..UT ,,;;;;:.T, :.1. 14..IE CO, FLAT ~ . `O
(hereinafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the true to the Mortgaged Property
and writ defend the same against the lawful claims of aft persons whomsoever.
PROVIDED ALWAYS, that if 'Barry L. & Sharon Parker ,the Makerls) of that
(Insert Namelsll
certain promissory note dated the date hereof (the Notel, their hems, legal representatives or assrgns shall pay [o Mortgagee
the prrncrpal sum of $ fi, 519.94 ~ evidenced by the Note, with interest and upon the terms as provided therein, the Iinal
October 18 89
maturity date of the Note and of this Mortgage being 19 ,which Note provides that
all installments of prrncrpal and interest aye 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 fee, upon default in the
payment of the Note, and that if default be made in the payment of any installment thereunder and that if wch default rs not made
good in accordance with the terms of the Note, that the entire prrncrpal win and accrued, earned interest shall become due and payable
without notice at the option of the holder thereof; and shall perform aitd comply with each and every stipulation, 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 force. Maker covenants to pay the interest and prrncrpal promptly when due. Mortgagor covenants to pay the taxes aril assess-
menu on said property: to carry insurance against tree on the building on said land tnr not less than 5 n~a ,approved
i by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee aril io keep the
building on said land in proper repair.
k Thrs Mortgage shall secure not only existing indebtedness, but alw wch future advances, whether such advances are obligatory or
~ to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereof, to the same extent as
yj if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any
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O time the maximum principal amount of 5 Il a plus interest, and any disbursements made for the payment
V i of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether
oblgatory or to be made at the ~ptron 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. Thrs Mortgage is given for the specific purpose of securing any and all indebtedness by the
_
U{ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum prrncrpal amount set forth in this
paragraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. All cove-
of Hants and agreements contained in this Alortgage shall be applicable to all further advances made by Mortgagee to Maker ureter this
L ~ future advance clause.
Should any of the above crnenants be broken then the Note and all moneys secured hereby shall, without demarxl, rf the
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O( Mortgagee, so elect, at once become due ancf payable ;rid this mortgage may be foreclosed, and all costs and expenses of collect,on and
v' sG~ reasonable attorneys" fees, including costs, expenses aril reasonable attorneys" fees on appeal, if collected by ir,gal proceedings or
,-a! C~ through an attorney at law, shalt be paid by the Maker, aril the same are hereby secured.
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IN WITNESS WHEREOF, the Aortgagor has executed this Mortgage as of the date first above set forth.
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- ,r Signed, seal and delivered
rn our pre ce:
a~.r
F _ ISEAII
Ih tg r
~ ~n~ ~ a
~t~C _ iSEAU
(Ulor agOr)
STATE OF FlOrldd 1
n 1
COUNTY OF St. Lucie
HEREBY CERTIFY, that on this day, before me, an officer duty authorired in the State aforesaid ancf in the County aforesaid
to take acknowledgments, personally a~rp~asrred ~~rry L. & Sharon J. Parker to me known to be the person described r -
rn and who executed the toregoingrnsKyviient,~ _ they acknowledged before me that they executed the same.
WITNESS my harxf aril oificijll~ in.~'County end~State last ~for~rd this 19 ay of October ,
. r
~ l J ` Notary Public
a~r1V 3i9 p ~O s _ r,_ ; _ My Commission Expires
J A VV i 1V NOR/ /tJIIK AAT~ Oi Fli01l{QA AT tAb
. s.~ • r_ _ MT COMMISSION E7vIftPS MAY _ 12 198= e...,n~. o,...
4-6014-0047 Rev. 8/77 ~,l