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Home My WebLink About0033 - - o ~ _ ,s, DIRECT HOME IfifIIROVEMENT 11~ORT~~'t;;G~ WITH FUTURE ADVANCE ~ I - i I4th , Jams z8 Y A.o., 19 between• tt1 THIS MORTGAGE. made this day o t Lindsay HcClenny and Joan C. McClertny, his wife IMortgagal and Sun Ba_ o St. Luc a County ItKortgageel: (Name of Sun Bank) - WITNESSETH, that Mortgtgor, fa and in consederation of the premises and in order to secure the psymsnt o1 the Principe: and ,;,lll;,.mr„~'~ interest on the note Iss hereinafter defined), Mnngagw hwebY grants, sss+gns tratisters srd mortgages to Mortgagee, itssuccrsso?sard = ~ ~iU~ t?s:rst>: Iorever, the following dtrscribed real propsrty in . St. Lucite ~ C:wnty, Florida, to yhit:_ - _ x, t _ ~ • . Lois 2, 9 and 10. Less the West 70 feet of Lot 8, Block _ may 15, INDIAN RIVER &STATSS, UNIT THRSS; a suLdivision as - ,r`,::._;a; recorded in Plat: Book 10. Page 47 of the Public Records ~~,~~~=1 . of St. Lucie -County, Flazida. _ , ~~.w,J"' (This is a second tnoztgage. D - f l f ~i - - ~ ~T~ _ . O ~ v ~ ~ ~ ~ ~ ~ ~ ~ _ r bts fl m Pllritant of Tomes ~ - 7n ~latis "C" Intsnpibh'PfIRS011s~ Rrf~pMt11. SFRaI6E RECT~ lA. Pursslatu To Chapter T1.13+1? AMS Of l~71., - - _ ~ QplK CptWiTP01T - ROGER ~,C IIEC01101tERIFiEO____ CNI'It Clroallt Cow6 LAIEMr ~s ~ 6~~ ~ l (hereinafter referred to ss fire tNor.gagtd Prr~psrtyl:.and the Mortgagor does hereby fully warrant the :..!e to the Matgagrd Property ersv :.iiG defend the same against the lawful claims of elf persons whomsoever. - - ' PROVIDED ALWAYS, that if L3r8say C MCC3.ennv & Joan C. l~iCCltanny ,the Makerlsi of that - )Insert Namefsll ° -oertaur p•omissorY note dated the date hereof (the Notel, ~Qir I+eKS. legal representatives or assigns shall pay to Mortgagee - the prirr:rpal sum o1 = 6.'131.1? ~ by the dote, with --rntaest and opon the terms as pcoreicfed theteia, the final maturity date of :he Note and of this 1ortgage being `Tdlltlary 13. - .19~ ,which Note provides that all instatknents of prwltipal and interest xre payable at the olfice of Mortgagee, or at such other place as the holder may designate in writing, and that each maker and endorser agree to Fay all costs of collection, including a reasonable attorney's fte, upon default in the Payment of the Note, srd that if default be trade in the payment of any irtstallrrrent thereunder and that if such default is not made ' goal in accordance with the terms of the Note, that the entire principal sum and accrued, ~rned interest shall become due and payable without ratice at the option of the balder thereof; and shall perform and eonrply with.each anti every Stipulation, agreement and cov- errant of the Note and of this Mortgage, rhen this Mortgage and the state hereby created shall be void, otherwise the same shall rana~n in full farce. Maker tovertants to pay the interest and principal promptly when due. Mortgagor rnvenants to pay tfte -taxes attd.assess- - in a merits on said property; to carry ins:trance against fire on the building on said land for rat less than S .aPPrawd by the Mortgagee, with starcrard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the buildir~ on-sad lard in proper repair- - This Mortgage shat) secure not Doty existing indebtedness, but also such future advances, whether such advances are abirgatory or ~ to be made at the option of Mortgagee, nr otherwise, as are made within twenty f201 years ire:. t~ date hereof, to the same extent as I rf wch future advances wore made on the date of the exar: ' :.ten ni thii Mortgage, but s<.xh secured indebtectr?ess st+rl not exceed at any ' ~ time the maximum principal amount of S H~A plus interest, and any ditbur:xments made for tike peyrnent ' ~ ~ U of taxes, levies, ar insurance, on the Mortgaged Property, with interest on such disbursements. Any such future advances, whether L 4l ebligato?y or ro be made ai the option of the Mortgagee, ar otherwise, may be made either prior to or after the due date of the Note or a ~ U any other notes secured by this Mortgage. This Mortgage is given for the specific purpose Of securing any and all indebtedness by ttre w a - Maker to Mortgagee (but in no event shall th+ se..+tred indebtedness exceed at any timethe maximum principal amount set forth in this s paragraph) in whatever, manner this indebtedness may be evdenced_or represented, until this Mortgage a satisfied of record. Ali cove- ~ ~ Hants and agreements captained in this Mortgage shalt be applicable to ail further advances made by Mortgagee to Maker under this ! ~ future advance cause. I Should am o! the above covenants be broken then the No!e and all moneys secured hereby shall, without demand, if the I ! ti'lartr~ag?e, sa elect, at once became due arsd payable ant! this mortgage may be. foreclosed, and all costs aitd expenses of collectiop and 2 ~ ~ reasonable attorneys tees; zntludrng costs, expenses and reasonable attorneys lees on appeal, if catlectett by legal proCeedirrgs or ~ .I'll a1 through an atttsrrtey at law, shall be paid UY the irfaker, apd the same are hereby secured. - _ N U) i LQ _ - Z i ~I IN WITNESS WHEtZEOF, the Mortgagor has exeatted this Mortgage as of the dace first above set forth. r _ - ~ Signed, sealed and delivered rn our p: e- e: r ~ ~ - 1` (SEAL) ~ ~j~ (MargagwAi ; /L-ai`=~/ ^ y~` ~ (SEAL) Mortgagor) STATE OF FlOr113a - t - • COUNTY Ot St. Lu:,i@ - ~ _ - - 1 HEREBY CERTIFY, that. on this.deY. oetore me, ap offic2r duly authorized M the State aforesad snit in flit County aforesaid to take ack~owl«lgme~u. pEf:,o~lr~ppearedLinasay C & 3oan C MaClenny to me known xo be the person describe( ~r:; a tt:ey .n and who executed the e`,I~ttr1,~ rtts]lyltiHjt and y ackrawtedgetl before n:e that executxd tt,e same. Januanr YitITflZEo my !tsnQ ~oiEitaiat ~tgF.irfthB',CouM.y and State last a-or his 14 aY of ~ . A.O.. 19 tff ~ r . . r 45 v r f r ; t•~ ?~i ~ . : ~ ^latsry Public S : r ! t~. My ComrrtiAion Exp,re~ - anr.K SfA1E a HiOltfaln ~ ~y/~ p/~~ ~ {t -A)r~)~ ~ C~tMISSiftN ~tA 4YV1T{/V~/~ Red. W / . - - ~ ! X{ U~11 U 4~~ fJ! i ~ ~ lr~. _ 11•!ls ~.r!~•..~,