The URL can be used to link to this page

Home My WebLink About0924 ! ~ RTGAGE - $ 3~ ~3 DIRECT NOME IMPROVEMENT ~O WITH FUTURE ADVANCE 4b~12U TNIS MORTGAGE, made this 24 day of October A.D., 19 79 .between Bennie Fulwood and The_la F, Fulwood, his wife (Mortgagor) and _ Sun Bank of St. Lucie County _ {Mortgageel: )Name of Sun Bank) WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the payment of the principal and interest on the note las hereinafter defined 1, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and St. Lucie assrgns forever, the fouowing described real property in County, Florida, to wet: _Lot 13, Block 2, SEMINOLE PARK SUBDIVISION, as per plat thereof on file in Plat Book Z0, page 11, of the Public Records of St. Lucie County, Florida. .f i:OI:UM_ EN+f~i2`. SThMf' i :iFr'1 ,.~i i'i.Y~'iUE :.rt~`•_- ~ i This is a First Mortgage '~~S L~Cj 29 ~tti 9- 37 Ftt_ED FCC r`• COf•GrU ST.LUCIE COt'YTY.CI:•- i1 tf ROGER POITRAS , ~ RC~r,'~'.._S _1Q.~- ' T.~= - QCRK CIRCVI: CD~':tt y ~ 46120 CIfRK Ch.:U:T ;,GUdi, 5(. LC_iE t:0., FLA. Jr ~ , (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the trtte to the Mortgaged Property and w+tl defend the same agaenit the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Bennie & Thela F. Fulwood the Maker{s?or tlwt {Insert Nameisll certain promissory note dated the date hereof (the Notel, their hens, legal representat+ves or assrgns shall pay to Mortgagee the pnncipal sum of $ 5, 222.22 as ev+cfencecf by the Nate, wrth interest and upon the terms as prov+ded therein, the final maturity date of the Note and of this Mortgage being OCtOber 24 19 84 ,which Note provides that all installments of principal and interest are 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 rn the payment of the Note, and that if default be made in the payment of any installment thereunder and that if wch default is not made good in accordance wrth the terms of the Note, that the enure principal win and accrued, earned interest shall become due and payable without notice at the option of the holder thereof, and shall perform artd comply wrth each and avert' st+puiation, agreement and cov- i enant of the Note and of this Mortgage, then this Mor;gage and the estate hereby created shall be void, otherwise the same shall remain in full force. Maker covenants to pay the interest and princg~al promptly when due. Mortgagor covenants to DaV the taxes and assess- ~ menu on card property; to carry insurance against fire on the tweldrny on card land for not less than $ _n~a ,approved by the Mortgagee, wrth starxiard mortgage loss clause payable to Mortgagee, the pol+cy to be held by the Mortgagee aril to keep the bwld+ng on Said larxl in proper repair. F This Mortgage shalt secure not only existing indebtedness, but also wch future advances, whether wch advances are obligatory or to he made at the option of Mortgagee, or otherw+se, as are made within twenty 1201 years from the date hereof, to the same extent as ~ .f wch future advances were made on the date of the execution of flies Mortgage, but such secured rndebteclness shall not exceed at any d Line the maximum prmupal amount of $ n~a prus interest, and any drstwrsements made for the payment ~ of taxes, levees, or insui2nce, on the Mortgaged Property, wrth interest on wch disbursements. Any wch future advarr_es, whether aj obligatory or :o be made at the opi+on of rite Mortgagee, or otherwise, may be made a+thar poor to or after the due date of the Note or - any otner notes secured by this Mortgage. This h7ortgage is g+ven for the specific purpose of securing any and all encfebtedness by the u _ ~ Maker to Morgagee Ibut rn no event shalt the secured endebtedness exceed at any ume the maximum p:.nc+pal amount set forth in this paragraph) rn whatever manner this +rxlebtedness may be evidenced or represented, until rhos Mortgage rs sahsf+ed of record. Atl cove- - + Hants and agreements contained in flies Mortg~ige shell hP applecabla to all further advances marls by Mortgagee to Maker under flies future advance clause. ~ W, $hould any of th•~ above covenants t,e broken then the Neste aril a!1 moneys secured hereby sP,all, without demarxl, if the J Q C ~ Mortgagee, so elect, a! once become dua arxl payable end this moriyaoe may be foreclosed, and all costs and expenses of collection and •eaconatNe attorneys tees, mCludeng caste, expenceK and reasonable attorneys feat on appeal, r1 collected by legal proceedings~or ` Through an attorney at tav, shall be pawl by the Makar, aril the same are hereby securcd- fYl ; - C` IN WITNESS WHEREOF, the f.+,nrtgagor nas ex•~cut.tl flies hlortgaye as of the date krst at>ave set forth. - t!3 - ~ S y~ed, sealed ancf de~wered .n our presence- / / l~ ` ^WL~A/--- ~i //`f~j(/`Jf L/ p~~ ~ IS E A L 1 - Ih4o~rtgagrnt { -------J~~~~-~-~--L! •~i~y~-Sl~-1- --~~~tCC.C/'-_ 1l/~ ISEALI f Mar t •}ayar 1 STATE OF Florida 1 1 ~ COUNTY OF St. Lucie I 1 HEREBY CERTIFY, that on ;his aay, betor~ ma, an pff,cer duly aatnor+~ecf .n the State aforesaid aril in the County aforesaid s to take acknowt~dymen;s, pe•SOnally appeared Bennie & Thela F_FU1WOOd to me known to be the par sondescnbed the n end who ex?cured the for eoQ,r~~frfsUat; n~ 8pd they aCknp;yledyecf twfore me that y executed the same. WITNESS my hand aid o~CiilYeal en fhb t`punty and State :ast afore; this _ 24 day of October , 7.~ • - - ~ Notary Public i ~s. DO~K319 P~GE s~ +f lily Comm+ssion Expires Nm~ R~uc a ~m~ wt way - u MY GO~MetisswN o~lwa iw?r . FZ wa= t a-soya-ooo-I Rev. any ~ ~Ot~ T1~1 G~ uac ~.+,h........_