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Home My WebLink About2359 r p DIRECT NOME IMPROVEMENT MORTGAGE ~ e o~ '83~~~~ WITH FUTURE ADVANCE O THIS MORTGAGE, matte this _._-___2Q______ _ tfav of December_ ~i .AID, 1979 - ,lirtween Roy E. Jenkins and Carol Jean Jenkins, his wife ' _ - - IAlortyayorl ,text - Sun Bank of St. Lucie County _ - - - IMortyayrrl. - IName of $un Bank I WITNESSETH, that Mortgagor, for and ur t.onsitlrratign o) the premises and in ontri to x•cuir the payment of the pnncipat aril interest on the rx)tr (as hrremaltrr drlintdl, Murtyoyor herWsy grants, assigns translris and mortgages to Aloity.rgt•.•, rtssuccrssorsarxl asst ns forever, the tollowin drtcnbrtl real ~ro tit m _ St. Lucie 9 9 t p Y - County. Floe xfa, to wit. i.. = ~-f The South 200 fett of the East 225 feet of the SE to of the NE ti ' - of the NE ~ of SEction 24, Township 35 South, Range 39 East. . ` ~r•' Excepting from the above the South 20 feet thereof and the East 40 feet thereof, being rights of way for public roads. . _ ~ ~ . , t + - ~ ill THIS IS A SECOND MORTGAGE - . - . ;9~9 DEC 27 Ak1 i I ~ 16 FILEQ ANC FECORDEO ST.~UCIE COUNTY. FLA. p ROGER POiTRAS C"''~;" S__ d~.7g_ r;'•t:-•.• T•w. ; CLERK CIRCUIT COURT t ~ - . ~ t , . _ _ FF'~ORO VFR~FIEO.L.._S~~ ~t 4707 ~ 7 (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the t+tl~.-to the Mortgagt•cf Property and will defend the same against the lawful cta+ms of all persons whomsoever . PROVIDED ALWAYS, that if ~ E. & Carol Jean Jenkins ,the Makerls) of that Ip Insert Namelsli certain promissory note dated the date hereof (the Notel, their heirs, legal representatives or ass+gns shall pay to Mortgagee the principal sum of $ lU, 887' 72 as ev+denced by the No[e, wqh interest and upon the terms as provided therein, the heat maturity date of the Note and of this Mortgage being 19 ,which Note provides that all installments of pnncipal 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 alt costs of collection, including a reasonable attorney's tee, upon default in the ~ payment of the Note, anti that if default be made in the payment of any installment thereunder and that if wch; efault rs not made ~ good in accordance with the terms of the Note, that the enure principal win and accrued, earned interest shall become due arxl payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- EEI ~ errant of the Note and of this Mortgage, then ih+s Mortgage and the estate hereby created shall be vo+d, otherw+se the same shall remain E in lull force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess {E! menu on sa+d propt-rty; to carry insurance against hie on the burki+ng on sa+d land for not less than S of a ,approved I by the Mortgagee, with starxfard mortgage loss clauf payable to Mortgagee, the policy to be held by the Mortgagee aril to keep the building on said land in proper repair. This Mortgage shall secure not only exisung indebtedness, but also wch future advances, whether such advances are Otrligatory or ~ to be made at the option of Mortgagee, or otherwise, as are made within twenty 120) years from the date hereof, to the same extent as f y~ r1 wch futwe advances were made on the date of the ezecuUOn of this Mortgage, but such secureef mdebtetlness shall not rxcced at any ~ time the maximum pnnupal arnoun[ of S _ n/a plus interest, aril any disbursements made for the payment S _ U , of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether j _ obt+gato.y or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or 6 ~ ~ an other notes secured b this Mort Y Y gage. This Mortgage is 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 maximum pnnupal amount set forth in this a~ _ i paragraph) in whatever manner this indebtedness may be evidenced or represented, until Ihrz Mortgage is satisfied of record. Ati cove- Hants and agreements ntained in this hlortgage shall be applicable to all further advances made by Mortgagor to Maker under this y~ ~ future advance clause. a - `n 4i ~ Should any of the above covenants be broken then the Note and all moneys secured hereby shad, without drmarxl, +f the .y ~ ~ hlortgager, So elect, at once become due and payable arxl this mortgage may be foreclosed, and all costs and expenses of collection and i reasonable attorneys' fees, including costs, expenses and reasonable anonteys' fees on appeal- i1 colieurd by ii~gal proceedings or J x through an attorney a ,shall be paid by the Maker, aril the same are hereby secured. ' (L ~1 - IN WITNESS WHE EOF, ;he Mnrtyagor has rrxreutecf this Mortgage as of the date first at~ove set forth _ ~ - y Ui ~ Signed, sealed and delivered in our pees ee _ 1 Z a , J (SEAL) ( o gorl ~ ~ - _ >_..aL----- (SEALI IMorty r I STATE OF F~Orlda 1 ' S Lucie COUNTY OF ~ rl w.r?,~yr, . HEREBY CERTIFY, ihn'~d ';hi~day~b~tpre me, an officer duty authrinred in the State aforesaid and m the County aforesaid ' i~o E. & Carol Jean Jenkins I to take acknowledgments, 111/~~ppeared 'fir. ~y _ me known to be the person described E " pA - • fey in arxl who executedtlte ~ pg tfYivument IItAd .th@y acknowledged (More me rhat .executed the same. . , , ~ WITNESS my ha*rtd ari~nftictal seat .n the County arxf State last afores this _20 _ ay of December - ~ L ' Notary Public My Commrss,on Expnes v rurn~w nief r~ cT.re K Hf1~i/1~ ~.rrt~