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Home My WebLink About0374 • • ~ k- 8oo35S ~ uIRECT [NOME IMPROVEMENT MORTGAGE W17H FUTURE ADVANCE Q~1 THIS MORTGAGE, made this _,2,f1.1•}t day of a'L Ch A.D., 19 ,between w{ 11t am H. Ficken and Jean R. Ficken, his wife (Martgagorl and t - Sun Bank of St Lucie County (Mantgagepl: ~ (Name of Sun Bank) + WITNESSETH, that Mortgagor, for and in consideration of the premises and in order to secure the payment of the principal and interest on the note las hereinafter definedl, Mortgagor hereby grant;, assigns transfers and mortgage: Mortgagee, its successors and > suigns.forever, the following described real property in ~.t_. T.tteie CQLs"1_t31 County, Fbrida, to wit: Lot 3~., a~.ock 75, SOUTH PORT ST. LUCIE UNIT FIVE, according to the Plat thereof, as recorded in Plat Book 14, pages 12 and 12A through 12G, of the Public Records of St. Lucie County, Florida. ' This is a Second Mortgage ! i f ~_---1-----__- ~o~2s ~~a4s 3 5 • ~ATrEIIR OP Tugs ~ rA r~' ; 555 ~u:?ss' ~ RITU m~ I•asoll~ nmPERrr. e c ? PYRi11AMT To CMArTER 71.134, ACTS OF »ri CrtGIrT R06ER POITIIAS ~ , '~E~f VERIPIlO i QBCMf C01{RT, tT. 11101E C0. 4~i069i! LA ~ to ~ (hereinafter referred to as the~tgaged Property: and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and will defend the same against the lawful claims of all persons whomsoever. - O William H. & Jean R. Ficken ,the Makerlsl of that t 7 f PROVIDED ALWAYS, that if [Insert Name1s11 a 9 certain promiuory note dated the date hereof [the Notel, r~i t- heKS. I~al representatives or assklns shall pay to Mortgagee 3 % the principal sum of = ~ - ~7 5 - 7g as evidenced by the Note, with interest and upon the terms as provided therein, the final ~-q:.`. - _ ~ maturity date of the Note and of this Mortgage being- MAY[`}t ~ 9 , 19 ,which Note provides that S z all installments of principal and interest are payable at the office of Mortgagee, or at such other place as the holder may designate in 1E ~n writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the a payment of the Note, and that if defzult be made in the payment at-any installment thereunder and that if such default is not made ' r ~ good in accordance with the terms of the Note, that the entire principal sum and axrued, earned interest shall become due and payable • without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- e a; errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain ° - in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- ' - - ~ • ~ ` • - ~ ments on said property; to carry inwrance against fwe on the building on said land for not feu than s n/ a ,approved 7 by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the Z ~ building on said land in proper repair. ~ . This Mortgage shall secure not only existing indebtedness, but also such future advances, whether such advances are obligatory or - ~ ! to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 Years from the date hereof, to the same extent as I if such future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any f ~ time the maximum principal amount of S II~8 plus interest, and any disbursements made for the payment i ~ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any such future advances, whether W oblgatory 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 y ~ any other notes secured by this Mortgage. This Mortgage is given for the specific purpose of securing any and all irdebtedneu by the W Maker to Mortgagee (but in no event shall the secured indebtedneu exceed at any time the maximum principal amount set forth in this 1 O; paragraph) in whatever manner this indebtedness may be evidenced'or ref+resented, until this Mortgage is satisfied of record. All cave- •r. Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this C7 i future advance clause. - z x 1 Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the z Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and 7+ ~ reasonable attorneys' fees, including 'costs, expenses and reasonable attorneys tees on appeal, if collected by legal proceedings or ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. vi z c0; - ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. _ Signed, sealed and delivered W111iaID H . Ficken • in our nce: 1 (SEA[.) + - - (Mon r; } SEAL{ ~ iMor , can R. Ficken STATE OF Florida 1 1 COUNTY OF St , Lucie 1 - s HEREBY CERTIFY, that on this day, before me, an officer duty authorized in the State aforesad and in the County aforesaid to take acknowledgments, personally appeared wi ~ 1 '1 am H ~ T a ~ to me knrown to be the person described '-F~CKen in and who executed the foregotygWNdfDlp~t and the3t acknowledged before me that -executed the same. i WITNESS my hand and~pf/iirfe?~seafi.f8hti~unty and State last a resad this 20th day of MarCjl , -QV:~ - .c = Notary Pubhc ~Q , fA-.•~.. ~ piz ~i~~ - My Comm~uan Expues: BOOK tJEirV PAGE z ~ ~i ;r NOTARY PUBLIC STATE Of RORI DA AT ~ARG! 4-G014.000.7 Rev. SM - ~ - ` h1Y COht~'~t 1 SS f ON EXP 1 RFS 1AAR 7 19 8 4 f ~ '~•,,,tJr•~~! %'•P`~ lONDfD ]kR:1 GEivfRAl INS, uI~DFRWAITiAf