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Home My WebLink About2357 MORTGAGE - $ 3~~-7s 4'~'r15 THIS MORTGAGE, made this 18th Wy of December A.O., 19 79 ,between John H. Stamm and Sylvia J. Stamm, his wife IMortgagorl and Sun Bank of St. Lucie County, ' _ IMortgsgeel; IName of Sun Bank I WITNESSETH, that Mortgagor, for arxt .n consrdtralron of the prernrses and rn order to secure the payment of the principal and interest on the ante less herernalter detrnedl, Mortgagor hereby grants, surgns translers and mortgages to Mortgagee, its successors and assigns lorever, tIN lollowrng dtstrrbed real property rn St. Lucie County, Fbrda, to veer: Lot 14, Block 3, ORANGE BLOSSOM ESTATES FIRST ADDITION, according to the plat thereof as recorded in Plat Book 11, Page 38, of the Fublic~Records of St. Lucie County, Florida. (This is a second mortgage.) . l r - ~ 3 0 ' - - X919 OfC 27 lW il: 16 r.' • ~ ' i 3?;. 1 ? rt T!x~s FILEO Ali4pk~UECOYyKUEt) a - , T' ~ : TII, S ROGERCPOITRAS 3 i ~ : ~ r z, CLERK CIRCUIT COURT Q ~ Rl:C9R0 VERIFIED CL_KX G:,._U.i VJY..T, ~i. ill-iE ::0, fLA,[/.N ' ~~_.."i~- 4'7'~'~15 (herernalter referred to as the Mortgaged Propatyl; and the Mortgagor doer Mreby /ally warrant the title to the Mortgaged Property and wirl defend the same against the lawful clams of all pawns whomsoever. IE PROVIDED ALWAYS, there it John H. Stamm and Sylvia J. Stamm, his wife , tneMakal:l of tMt f Unsert Narrrelsll ~ certain promissory note dated the date hereof (tM Notel, their heirs, legal representatives or assigns shell pay to Mortgagee tM principal sum of S 18.192 _ 44 as evdMCed by tM Note, with interest and upon the tams as provided therein, the final maturity date of the Note and of this Mortg»ge being December 17 . 19 89 ,which Note provides that all installments of principal and interest are paysbk at tM Office of Mortgagee, or d stteh other place ss tM holder may despnate in ~ writing, end that each maker and endorser sgrN to pay all costs of collection, irsNtrdirsg a rNSprseble attorney's fee, upon defsult in the ~ payment of tM Note, and that if default be made in tM payment of any instalknent tltereurrder and that it such default is not msde good ir. sccordance with the terms of the Note, that tM More principal sum and accrued, earned interest shall become due and payable without rtntrse at tM option of tM holder tltereol; end flsell perform and consply with esch and every stipulation, agreement and tov- ~ errant of the Note and of this Mortgtrge, flint this Mortgpe and the estate hereby crpterf shall be void, otherwise the same shell restrain in full fora. Makes r:overwnts to pay the interest and principal pomptly when due. Mortgagor covenants to pay tM taxes irtd assess- ments on card property; to carry insurance against Ire on tM buiklirq on sad tend for not less than = N~A ,approved ~ ~ by the Mortgagee, with standard matgege bss Nsuse payable to Morgagee, tM policy to bf held by tM Mortgagee and to keep the ~ burldrrtg on said land in r ~ proper eparr. i ~ This Mortgage shall secure rwt only existing indabtedness, but also such future advances, wf?etMr such advances are obligatory or ` to be made at tM optwn of Mortgspee, or otherwise, es ere made within twenty (201 years from tM date hereof, to the same extMt a: I rf such future advsnces were made on flit date of the esewtion of this Mortgage,but such sesured indebtedness shall nol exseed st My ~ trrttt tM maxrrnum prrKipal amount of : N/A plus interest, end any disburtM?Mts made for the paymMt of taxes, levies, Or insursnce, on the Mortgsgsd Property, with interest on such disbursements. Any such future advances, whether oblrgstory or to be made at tM option of tM Mortgagee, Or otherwise, may be rtttde eithM prior to or eher the due date o/ tM Note or ~ any other notes severed by this RAortgtge. This htortgegt is gwen for tM specific purpose of wtxrrirtg any and all indebtedness by the ~ ~ Maker to Mortgagee (but rn no event sMll tM secured iradebtedrress exceed N sny time tM maxwrwm principal trrrtount set forth in this ~ - Daragraph) in whatever manner this irdebtedness may be evidenced o? represented, until this Mortgage is setisfNd of record. All cove- ! iC rants ant agreements contained M this Mortgage shell be spplia:able to all further advances rraade by Mortgsgee to Maker under this f IYture advance Clause. ~ ~ Should any o/ the above covenants be brokM then the Note and all moneys severed hereby sfratl, without demand, it the Mortgagee, w elect, at once become due srd payable and this mongage maybe IoreNosed, and all costs and expMSes of collection and ? reasonable attorneys tats, including costs, expMfes and reasonable attorneys' lees on appeal, it collected by legal proceedings or - through an attorney at law, shall be pad by the Maker, and the same are hereby stcured. € _ ~ ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date last above se pith- ~ " Sgrsed, K and delivered m oaf nce- ~ " ~ ~ . ~ ~ ~ ISEALI ' 1 - ~ IsEa~1 rtgago?) STATE OF Florida 1 - St. Lucie 1 - 000NTY OF 1 w• - 1 HEREBY CERTIFY, that on this day, before me, an olfrcer duly authorrred rn the Start afjres~i~~d inZlseCountye~ ' id to take acknowledgments, perwnally appeared John H. & Sylvia J. Stamm ~ # = + ` , t0 tt7e t the pf~bt? ' f rn and who executed the foregoing rnstrumMt and they acknowl 1 ~ ~ ~ ~ M'' edged before me tilist 18th • j WITNESS my Mid and offrtral seal rn the County and State last aforesaid this A.O.. 19 -1.. .t s_- <I` Notary Public ' ~ ST"tE x rLOlf~,i AT lAR(',f P,1}(1K~~ t~i~~.rVZ9 MY Commruron Expr My ~O~IMtSS1ON EXiIRES iw~y ?6 1981