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Home My WebLink About0534 ~?:~~~~k MORTGAGE 4s~61~ ~i THIS MORTGAGE, made this 27th day o1 November _ A o. lg 79 , tretwreen Linda L. Price, a single adult _ (Alortyagor) arxl Sun Bank of St.__Lueie County (Mortgageel: ' (Name of Sun Bankl WITNESSETH, that Mortgagor, for and m consideration of the prem,ses aril rn order to secure the paymem of the pnncrpal and ,merest on the note Las hereinafter definedl, Mortyagor hereby grants, ass,gns transfers and mortgages to Mortgagee, nssuccessorsanrf ass,gns forever, the follow,ng described real property rn _ $t. Lucie County, Flor.da, to wit: Lot 3, Block 9, MARAVILLA PLAZA, as per plat thereof on file in Plat f Book 5, page 16, public records of St. Lucie County, Florida, togerther A `'7 with the Easterly ~ of vacated alley adjacent to said lot on the west. - -1~ 4~'7b18 - (919 t~~. 29 3, , ~ i, ST.IUCIE CCU"II'1'.F1.4. ROGEi2 POIii7~;5 1--•~ : 9~~ Rttltceltred ti ' j I In Payment Ot Tf!>t•t ~i c~ THIS IS A SECOND MOR'PGAGE Due On Class "C" IntangiblePersrnet~rt>p+rtp pursuant To Chapter 71, 134, Act! O+'9». ROGER POITRA59~ • Cttrxf Cfrcult Court St. Lucie, Co., Fla. - i (hereinafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the true to the Mortgaged Property - j and wirl defend the same against the lawful claims of all persons whomsoever- , tl PROVIDED ALWAYS, that rf Linda L. Price ,the Makerls) of that - j (Insert Namelsll certain promissory note dated the date hereof (the Notel, her heirs, legal representatives or ass,gns shall pay to Mortgagee the pr,ncrpal sum of S 6, 054.26 as evdenced by the Note, with interest and upon the terms as provided therein, the final I mawnty date of the Note and of this Mortgage being November 27 19 87 ,which Note provides that - all installments of principal and interest are payable at the office of Mortyagee, 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 d default be made in the payment of any installment thereunder and that if wch default is not made good in accordance with the terms of the Note, that the entire principal vim and accrued, earned interest shall become due and payable wrthout notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain ,n full force- Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- menu on card property: to carry insurance against fire on the building on said land for not less than S n/a ,approved by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the bwld,ng on said land in proper repair. _ j Th,s Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are oblgatnry or I4E to be made at the optron of Mortgagee, or otherwise, as are made within twenty (20) years from the date hereof, to the same extent as rt wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any ~ - G ~ _ ~ tote the maximum pnnc,pal aTMrnt of $ n/a plus interest, and any disbursements made for the payment ~ 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 optron of the Mortgagee, or otherwise, may be made either prior to or after the due dace of the Note or any other motes secured by this Mortgage- Thrs Mortgage rs given for the specific purpose of'securing any and all indebtedness by the ~ ' Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the max,mum principal amount set forth in this _ H paragraph? ,n whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. All cove- - ~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this cl: future advance clause- - ~ u . Should any of the above covenants be broken then the Note and all moneys secured hereby shall, wrthout demarxl, rf the J ~ , Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ' reasonable attorneys' fees, including costs, expenses and reasonable attorneys' tees on appeal, d collected by legal proceedings or through an attorney at taw, shall be pad by the Maker, and the same are hereby secured. - r ~ - a : IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. _ , r S,gned, sealed and delivered ~ in our pies 2l1: n ~ LI • (Mortgagor ; ~ - _ (SEAL) • 1 Mor tgagor 1 STATE OF Florida 1 1 COUNTY OF St. Lucie 1 ° - - r 1 HEREBY CERTIFY, that on this day, befor~,rrie, a>~ofticerr~y'polllwnzed m the State eforesad and m the County aforesaid t2 to take acknowledgmen[s, personally appeared I+• p)t?~,fT~ ~ to me known to be the person described rn and who executed the for .n instrument a ' ~ rShe ~ She ego g ~ - `'?r• - ' ~;i~tci?pWledged before me that executed the same. WITNE my hard and offrc,al seal m the r?ppAf~; State la 8~0 th's 27 day q( November A D., 79 ~9 ~ .i r' j~t iF11, MJQI~ STATE Of f1C+RIQA AT U1RGE -My Commssron r; ~f] ^ Mr co+a~tfSStON ExtltlfS tw?T . ze tsar ~n~~_t/~ nrn[ ~ .~..,ncnrwrr[laFtA111~6_UfdOEIIARITERS