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DIRECT HOME IMPROVEMENT MORTGAGE 4~?162 ~ ~3~ 5i~
WITH FUTURE ADVANCE
THIS MORTGAGE, made this ZZnd- day of February _ , A.D., 19 ,between'
Duane A. Bittnner 6 Margaret L. Bittner _ IMorigagor? and
fihe Sun Bank of St. Lucie county _ Ii~tortP;
(Name of Sun Bank)
WITNE55ETH, that Mortgago?, for and in consideration of the premises and in order to secure the payment of the principal and
interest on the note las hereinafter detinedl, Mortgagor hereby grants, auigns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following deuribed real property in St. Lucie _ County, Fbrida, to wit:
LakeWOOd Pt~rk St ~ Luci:e Countx ~1gglci~da f
Lot 11, Block 44, Unit S,~as per Plat on file in Plat Book 11, age 5,
of the public records of St. Lucie County, Florida:
THE IS A SECOND MORTGAGE
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i~'~~ f LtnS 26 2 ! Recehftfld ! •~~•.r~i.vi~rr.._In F'eltrmsrtt 01 Texos
` 4 j Due On Cless C intsnEibb Personal °raMrtlrr
r ~T. LIICIE CGi;N ; 'i. F t A pursuant To Chapter 71. 134. ACU Q?'~71 •
RoGERP017(:AS ROCERPOITttA$~~r~/-f/
i - ` } ii CLERK CiRCwi cC . Q rterf~ Circuit Coup. St. LucN. Co., Fly.
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(hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
• ~ ' . and wed defend the same against the lawful claims of aft persons whomsoever.
f-~ ~ PROVIDED ALWAYS, that if Duane A. Bittner ~ Margaret L. Bittner
_T ,the Makerls) of that
i lncert Namplsll
r
certain promissory note dated the date hereof Ithe Note), - their heirs, legal representatives or assrgns shall pay to Mortgagee
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CJ; ~ the pnnapal sum of S 52~~ jin----- as evidenced by the Note, with mteresr ancf upon th-eQterms as provided therein, the final
_ maturity date of the Note and of the Mortgage being Feb. 22~ tyr+0 ,which Note provides that
` all installments of principal anti 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 all costs of collection, including a reasonable attorney's fee, upon default in the
• payment of the Note, and that ii default be made in the payment of any installment thereunder and that it such default is not made
good in accordance with the terms of the Note, that the entire principal vim anti accrued, earned interest shall become due and payable
without notice at the option of the holder thereof; and Shalt perform and comply with each and every stipulation, agreement and cov-
enant of the Noie and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full torte. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants io pay the taxes and assess-
ments on said property; to carry insurance against fire on the twrlding on said land for not less than $ 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
building on card fend in proper repair.
This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or
T to be made a! the apt:an of Mar*-g~ea, r.r nrhPrwrcP, as are made within twenty (201 veers from the date hereof, to the same extent as.
~ rf wch future advances were made on the date of the execution of this Mort
1~ gage, but such secured indebtedness shat) not exceed at any
Of time the maximum principal amount of S - ntl~ plus interest, and any disbursements made for the payment
VI of taxes, levies, or insurance, on the Mortgaged Property; with interest on wch disbursements. Any wch future advances, whether
G!~ obligatory or io 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
_ V; any other notes secured by this Mortgage- Thrs Mortgage is given for the Specific purpose of securing any and all rrxiebtedness by the
_ '.-074 Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this
paragraph) i~ whatever manner this rrsdebtecfness may t>e evidenced or represented, until this Mortgage is satisf,ed of record. All cove-
nants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgayee to Maker under this
j> ~ t~i future advance clause.
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~ O' Should any of the strove covenants tie broken then the Nrne and all moneys SecurEd hereby shall, without demand, d the
i Mortgagee, so elect, at once become due ancf payable seed this mortgage may tNi foreclosed, and a1f costs and expenses of collection and
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'x~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, rf colleat;cf by legal proceedings or
ql through an attorney at taw, shag he paid by the Maker, arxf the same are hereby secured.
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~ fN WITNESS WHEREOF, flip Mortgagor has executed this Mortgage as of the date fast above set forth.
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~ Siyncd, sealed and deiiverecf
m Our Ares e' _
- - - - ? / -`t to C ~~-?:~i:L_ (SEAL)
Ihlortgagor)
- - ~!'~5!.t111L!31~1L- iSEAL3
(Mortgagor 1
STATE OF Florida I
t
couNTr of St. Lucie
1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the State aforesad end :n the County aforesaid
to take acknowledgments, personally appeared Duane 5 Margaret Bittner t0 me known t0 be the person described
~n and who executed the foregprng iftslruTrigt"jqd they-_ acknowledged t>Pfore me that executed the same.
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WITN SS my hand and oUicial seal in the County and State ias~atoresaid this 22nd day of Feb.
8~1~ ~~V (~CF 6~ J _ 1 ~ tart' Pubtr~
y Corrmrssron Expires:
' NOTARY DUBIIC STATF OF iIORIDA AT lAAGE -
4-6014-000-7 Rev. 8/77 - - MY CG/dMfSStON EXDIRES pfC 19 1983 t.-...,_•..,,
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