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Home My WebLink About0649 • .o MORTGAGE 4~~ss "~3~~ ~ ~K~ ~ THIS MORTGAGE, made this 21st _ [>ay of _ February , A.D., t9 80 ,between' Grady Tomlin _ (Mortgagor) artd Sun Bank of St. Lucie County _ 1'ttorcgsgcel. (Name of $un Bank! WITNESSETH, that Mortgagor, for and rn consrderatron of the premises and in order to secure the payment of the principal and interest on the note las hereinafter definedl, Mortgagor hereby grants, aurgns transfers and mortgages to Mortgagee, dssuccessorsand our ns forever, the followr described real ro err in St • Lucie 9 n9 P P V County, Flarxla, t0 wit: Lot 11 and the South one-half of Lot 10, of Block 12 of SILVER LAKE PARK ADDITION, as per plat thereof on file in Plat Book 10, at page 8 of the public records of St. Lucie County, ' Florida. i f THIS IS A SECOND MORTGAGE 3 to 3 y 4'7'~'~.66 Recehred s ~-/-8° i~ P.,n,>~ a T~ I Due On Class "C" lntar?p~1sp~SrflDOrle1~~, 1980 FE8 26 28 pursuant To Chsptsr 71.134, Adt O~ f9p71, - ~ ~ . , . ROGER POI'TRAS g-d` ' FILEO AtiC ?fCUsii+f~ rlerlr Circuit Cpurt, St, l•uCk, Cp„ Flt, ST.LUCIE CUUYtY.FtA. ~ M i CLERK CI;tCU T CO r` - - : i C.C ~ (herernatter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property ' ~ and wut defend the same against the lawful claims of a!I persons whomsoever- PROVIDED ALWAYS, that it Grady Tomlin _ ~ .the Makarls) of ttwt -j Ilnsert Namels)I - ^ ' ~ certain promissory note dated the date hereof (the Notel, tits heirs, legal representatives or assigns shall pay to Mortgagee ' _ ~ T' ~ 10 898.55 ~ -r the principal sum of S r as evidenced by the Note, with rnterest and upon the terms as proyrded therein, the final r r Februa 22_ - maturity date of the Nose and of this Mortgage being _ ~ , 19 90 ,which Note provides that - all installments of principal and rnterest 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 al! costs of cottecuon, including a reasonable attorney's fee, upon default m the _ payment of the Nore, and that rf default be made m the payment of any installment thereunder and that ri wch default is rwt made ? ~ good rn accordance with the terms o! the Note, that the entire principal win and accrued, earned interest shall become due and payable 1 _ without noUCe at the option of the holder thereof; and shall perform and comply wuh each and every stipulation, agreement and cov- U enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain , rn full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- C!1 - _ ~ + ~ merits on card property: to carry insurance against hie on the building on said land for not less than S n~a ,approved by the Mortgagee, with standard mortgage toss clause payahkr ro Mortgagee, the t>okcy to be held by the Mortgagee and to keep the bwldrng on card Ian[1 m proper repair. This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advances are obtgatory or ~ to be made as the option of Mnrtaa<pe, or otherwise. as are made within twenty (20) Years irom the date hereof, to the same extent as rf wch future advances were made on the date of the execution of th;; Mortgage, but such secured indebtedness shall not exceed at any C 0 time the maximum pr rnc:pal amount of $ _ n~a plus rnterest, ari[1 any disbursements made for the payment _ U ! of taxes, levies, or insurance, on the Mortgaged Property, with rnterest on such disbursements. Any wch future advances, whether obligatory 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 any other notes secured by this Mortgage. This Mortgage is given for the speciLc purpose o! securing any and alt irxfebtedness by the V Maker to Mortyagee that rn no event shall the secured indebtedness exceed at any trine the maximum prmc,pal amount set forth in this - - ~ paragraph) m whatever manner th+s indebtedneu may be evidenced or represented, until this Mortgage rs satrstied of retard- All cave- Hants and agreements comarned in this Mortgage shall be applicable to all further advances matte by Mortgagee to Maker under this y~ future advance clause. p W ! Should any of the above covenants be broken then the Nnte and alt moneys secured hereby shall, without demand, d the O ! MortgageN, so elect, at once become due aril payable aril this mortgage may be foreclosed, and all cows and expenses of collection aril p ~ - reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, r4 collected by legal -proceedings or - ~ ; through an atto• nay at law, shall be paid bV the Maker, and the same are hereby secured. t>'1 ~ ` IN WITNESS WHEREOF. the Mortgagor has executed this Mortgage as Of the date fast above set forth. ~i r'J ~ - ` r-r' ~ ~ Signed, sealed a deirvered .n our presence ' ~t.rNL_D~-. ~?L LC.(~ ISEAU _ Mortyagorr ~7~ - ;SEAL; (Mortgagor t STATE OF Florida t t COUNTY OF St. Lucie t ; HEREBY CERTIFY, that on this day, before me, an off;cer duW authonred rn the State aforesarcf and m the County aforesaid .i;r: ro take ackno,n,ledgments,.prrsonany'sc>Pearrd Grady Tomlin to me knov.n to be the oPrsnndescabed rn and N•ho executed the.tor~gping mslruflt_~St aril he ackno:vledged before me that he executed the same. WITNESS my hand and offKral seal in,the Countv anti State 'ost (ore~th+s 21St _ day of February A.D.. 19 . 1 \ / oR ~ _ t Sl)OK~~ PAGE _ Notary Pubirc r~V Commiss+on Ex r tRI1tIC AAiE Of iUOIIWI AT tJ1~ 4.5014-Opp.7 Retr. 8/77 - MY CAMMiSSIDfi DVIRB AAAY. lZ 19a2 II~i! GE1~i1L INS. IR~EAMfRIi~ ._,,..o.n.