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Home My WebLink About2552 DIRECT HOME IMPROVEMENT MORTG~IGE ~$~a`~`~d WITH FUTURE ADVANCE 465133 ~ / THIS MORTGAGE, matte rhrs 3U -day of October A.O., ig _ 79 , t,etween' Mildred McPhee Sands and George Sands, her husband IMortyagori and Sun Bank of St. Lucie County (Mortgageel: (Name of Sun Bank) WITNESSETH, that Mortgagor, for and rn consideration of the premises and rn order to secure the payment of the prrnc,pal and rnterest on the note las here,natter defrnedl, Monga9or hereby grants, assrgns transfers and mortgayes to Mortgagee, ns successors arW St. Lucie I ~U; assrgns forever, the tollOwrng described real property rn County, Fbrda, to wr1: ` ' ~ _ Sy Lots 17 and 18, Block "B" of Revised Plat of Alamanda Vista Subdivision, as Recorded in the ^(!1~ Public Records of Saint Lucie County, Florida. i - - t!~ i i`.'t ` - r 1 1 I ` r--l 0 3 T. A ~ • `C ' THIS IS A FIRST MORTGAGE 465133 o L I' RECEIVED f~ iR PAYIiIENT OF TAXES Fli..i) IftC P• Cflauttl DU QN C! SS •C' i9TAR6'SLE PERSDNtsI PROPERTY, ST. Ll1C1C CGUYTY.fi A. PUf:S941i TV N.',?T.? 71-~~4 1:CTS Of 1971. f~G(iER t'OiTfiAS <:.G:.g P:IIiFAS CL:RK CIRCUIT C~ t r ~ i'f.';1 \`"RIFT"' CL' RK G'. U.i ;u.l::T. SL L1lGlE CO.. FLA.`J - _ _ Iherernafter referred to as the Mortgaged Propertyl; and the Mongagor does hereby fully warrant the tide to the Mortgaged Property artd writ defend the same against the lawful cta,ms of aU persons ~tih9msoever. PROVIDED ALWAYS, that rf Mildred McPhee Sands & George Sands ~ ,the Makerls) of that jlnsert Namelsll certain promissory note dated the date hereof Ithe Note), their hens, legal representatives or assrgns shall pay to Mortgagee the principal sum of $ 3, 184 - 78 as ev,de,xrd Ly the Note, t::ttt rn*,etest and ufxrn tiw rwms as prnvrdrrrl therein, the final maturity date of the t1?pro 3nrt ~f :hrc Mortgage t)e,nq OCtOber 29 19 83 , which Note provides that all installments of principal and rnterest are payable at the otfrce 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 fear upon default ,n the payment of the Note, and that rf default be made rn the payment of any installment thereunder and that ri wch default is not made good rn accordance with the terms of the Note, that the enure principal wm arxt accrued, earned rnterest shall become due and payable without notice at the option of the holder thereof; and sha!I perform and comply with each and .very stipulation, agreemarti and cov- enant of the Note and of rhrs Mortgage, then the Mortgage and the estate hereby created shall be void, otherwrse the same shall remain m full force. Maker covenants to pay the rmerest a^•+ ^•!^.-.~~r n.mm~dv when due. Mortgagor covenants to pay the taxes and aSiess- ments on said property; to carry insurance against fire on the building on card land for not less than S n~a ,approved by the Mortgagee, with starxfard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the burtd,ng on said land ,n proper repair. T Thrs Mortgage shall secure not only exrstmg indebtedness, but also wch future advances, whether such advances are oblgatory or ~ to be made at the option of Mortgagee, or otherwrse, as are made w,thrn twenty (201 years from the date hereof, to the same extent as ~ .f wch future advances were made on the date of the execut,on of rhrs Mortgage, but such secured rndetttedness shall not exceed at any O time the maximum nnu ai amount of S - U p P n~a plus mterest, and any disbursements made for the payment of taxes, levies, or ,nsurance, on the Mortgaged Property, with ,merest on wch disbursements. Any such future advances; whether - .~j ? .obligatory or ,o be made at the option of the Mortgagee, or otherwrse, may be made either prior to or after the due date of the Note or U any other notes secured by rhrs Mortyage. Thrs Mort- gage rs given for the specnc~ purpOSe of securing any and ail indebtedness by the i Maker to Mortgagee ibut rn no event shall the secured indebtedness exceed at any time the max,mum pr,napal amount set forth rn rhrs _ paragraph? ,n whatever manner rhrs ,rxfebter7ness may be evidenced or represented, until the Mnrtyage rs satrstre(1 of record. All cove- yr Hants and agreements contained ,n rhrs Mortgage shall be applicable to all further advances made by Morig.tgee to Maker under rhrs ~ future advance clause. r ~ O w' ~ rJ $houid any of the above covenants tie broken then the Nnte and all moneys securer} hereby shall, without demand, d the _ ~ ' O sC Mortgagee, so elect, at once become due arxf payable and rhrs mortgage may tae foreclosed, anri all costs and expenses o} r:olfecr,on and ~ ~ reasonable attorneys' tees, ,nctud,ng costs, expenses arxl reasonable altorneyi fees on appeal, ;f collected by Irrgal proceedings or CQ + ti,roogh an attorney at law, shall bP pax} by the Maker, arK) the same are herebv secured. ~ i - r'3 ~ ; IN WITNESS WHEREOF, the Mortgagor has ex,•cutcYf rhrs Mortgage as of the date first above set `o+!h. ' :r t!1 - S.gned, sealed and de:rverert m our presence.. V i~ ~ ISEAU . ~ tgagor - ``I~ f r ~ - EAL1 (Rlrrtyagorl STATE OF Florida I t coururv of St. Lucie I HEREBY CERTIFY, that on rhrs day- before me, an officer duly authorr~etl rn the State aforesad and rn the County aforesaid George & Mildred McPhee Sa qxs :o rake ackno,,viedyments, person',t~r~Rnnpy@ar.ed - the i me knovrnthebe the, per;pn descr,becf rn and who executed the for@gl%a~~~stsQ~9t~dnq y acknowledged before me that y executed the same. . 6 T. WITNESS my hand at~0o~ficralsea! niTbe~puoty and State past aforr•sa the 30_ day of O tober _ A D , 19 _Z1.. Via,. 3~~~ V~V P~GEf.rt~JV ~ Mptary Public ,r ~ y Commission Expires - luoltNn? tout STATE a ttAR~t11t1 ~ tA1rZt a-solo-aoo.~ Air. sm ~ . Mr coN?~+?ISS~oN o~~us wu?Y. ti tve~ o.ry. ' eoNOEB tlltlu c~ ir6. UtrDdtWR11t~