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Home My WebLink About2254 • DIREVT HOME IMPROVEMENT MORTGAGE ~ ~ - ~3a ~ 5 ~ ~ WITH FUTURE ADVANCE 481824 THIS MORTGAGE. made thrs 28th ~y of March _ A D 19 S0 _ ,between. Louis Dee>~ and Pamela Deer, his wife iMo+tyagur) and Sun Bank of St. Lucie County - - IMortgageel: lNorneot Sun Bank] WITNESSETH, that Mortgagor, for and rn consrderatron of the premises and rn order to secure the payment of the prrncrpal and rnterest on the rate las hereinafter clef rnedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, the lotlowrng descrrbr!d real property rn St. Lucie County, Fbrda, to weir Lots 19 ~ 20 of Block F, HARMONY AEIGHTS ADDITION, A subdivision as per plat therof on file in Plat Book 8, at Page 38 of the Public Records of St. Lucie County, Florida. THIS IS A SECOND MORTGAGE a ~ ~ • 5 l~carEO s~ a~ PaY~rt oR tuR! 011E ON CUISS 'C INTANGIBLE PEIISOIU1l PIIOPEBTYr °11kSUAMi TO GNAPTER A=13E, ACTT OF 1.7~ caEwc grtcwr ca~.~n. w Boa, w~~-~' ~ 19$0 APR +3 A>~ 42 ^ ' T ' F- f - f _,~1~E,8~~11CGpR{E~CpRgfl]@1, _ +,;~;'t!1 ~ f;i±r . ~ : ~.;,1, ~ I FROG TOITTRi?A~S . . ~ ~ h . t tier T ~ ~ n.~IMt tuttwT c p i (hereinafter referred to as the Mortgaged Property!; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and wut defend the same against the lawful claims of all persons wiwmsoes+er. PROVIDED ALWAYS, that +f LouiB Deer 5 Pamela Deer ,the Makerls) of that !Insert Namelsll certain promissory note dated the date hereof Ithe Notel, their heirs, legal representatives or ass+gns shall pay to Mortgagee the pnnupal sum of $ 61933.76 as evidenced by the Note, wrth interest and upon the terms as provided therein, the final • maturity date, of the Note and of this Mortgage being March 27th tg 90 , which Note provides that all rnstattments of prrnc+pat and rnterest are payable at the oifrce 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 rf default be made rn the payment of any installment thereunder and that ri wch default rs not made good rn accordance with the terms of the Note, that the entire prrncrpal vim and accrued, earned rnterest shalt become due and payable w+thou[ nOtrte at the option of the holder thereof; and shall perform and comply wan each ant every stipulation, agreement and cov enant of the Note and of this Mortgage, then !ties Mortoage and the estate hereby created shall be vurd, +stherwrse the same shall remain rn full force- frlaker Covenants to pay the interest and prvnupai promptly when due. Mortgagor covenants to pay the taxes acrd assess- ments on Bard property; to carry insurance ayarnst irre on the twrldrng on card land for not less than S ,approved by the Mortgagee; wrth standa,d mortgage Toss clause payable to Mortgagee, the polrcy to be hekf by the Mortgagee and to keep the burkl+ng on card land +n propw repau. - • Th+s Mongage shalt secure not only ex+sting indebtedness, but also wch future advances, whether such advances are obligatory or to be made at the option of Mortgagee, or othenvrse, as are made within twenty 1201 years from the date hereof, to the same extent as +f such suture advances snore made on the date of the execution of this Mortgage, but wch secured +ndebtrdness shall not exceerf at any i~me the max+mum prnapal amount of $ A~.S plus rnterest, and any disbursements made fur the payment o' taxes, lev+es, or +nsorance, on the Mortgaged Property, wrth rnterest on wch disbursements. Any wch future advancr.•s, 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 rs yrven for the speciirc purpose of securing any and all +ndebtedness by the r.r Maker to Mortgagee (twt m no event shall the secured rdebtednes exceed at any trine the max+mum pnnc+pat amount set forth rri this N\ paragraph) rn whatever manner this rncfebtedness may be ev+denced or represented, uni+i this Mortgage rs satisfied of record. All cove- -~.j Hants and agreements contained m this hlortgage snail be applicable to all [urther advances made by Mortgagee to Maker under th+s D future advance clause. $houJd any of the above covenants ire hroken then the Note and ail moneys securer: he+eby shalt, without demand, d the gay so a+ecr, at once become due anti j ~ Mort payable and th+s mortgage may be loredoserf, and all costs and expenses of collection and ~ reasonatle attorneys• lees, mcludrng costs, exp:.^nses ancf reasonable attorneys" fees on appeal, r1 collected by legal proceedings or through an attorney at law, shall be yard by the Maker, aril the same are hereby secured. - ~ IN WITNESS WHEREOF, the hlortgayOr has executed this Morgage as of the date tnst abov t forth.' - Sryned, sealed and de:+verecl m our pre ce ~ r - - - - {SEAL ( i prl - - _ _ _ _ _ U ihtortgayor) t STATE OF Florida , ~ ~ ~ COUNTY OF St. Lucie , HEREBY CERTIfX; that O~ th+s aay, ?7before me, an oft~cer du+y authon~+r1 rnr State aforesa~cf and +n the County atoresard I ro 'axe ack~ov_iedgments',pery.appea+etT"!ui8 br Pamela -Deer to me known to be the person described rn and who executed t~~11~~Ore stru~rwertt and _ they acknowleoyed hetore me that _t~ executed the same. ''7°'. ~VITNE$$Omy hand and oftKr~U~, to tlse Cour•!y 3^d S:ate !as! al ~d tha _~~t1 day of 1"~arCh • • ~ Voter y ub++c 't ' My Commission E xpires~TA1tY JPU3LIC STATE OF FLORIDA AT LARC# _ ~Q MY COAV+1tSStON EXPIRES gEC 19 1983 BOOK Pd~E~.P,'%!13 80NDEG THRU GEtIfRAI INS UND:RWRITERS A-6014-0047 Rev. 8/77 ~rV r • .