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Home My WebLink About2255 • - ' Sf-~3~55b DIRECT HOME IMPROVEMENT MORTGAGE 4~i~z ~ " wtTH FUTURE ADVANCE Tj11S MORTGAGE, madr ih,s 28th qa of March - , q.p., tg ~Q_ between• ' Barbara 8. Birchr s~nq a adult (Mortgagor) and Sun Bank of St. Lucie County, (Mortgagee): (Name of Sun Bank) WITNESSETH, that Mortgagor, for and +n consrderauon of~yte premises and m,order to secure the payment of the pnncrpal and interest on the note las hereinafter defrnedt, Mongagor heret~/' rants, assigns transfers and mortgages to Mortgagee, its successors and assi ns lorever, the follow+ described real property in S t . Luc i e 9 r?9 County, Fbrrda, to veil: The East 70 feet of the West 150 feet of the East 200 feet of the North 150 feet of the South 300 Peet of Section 21, Township 35 South, Range 40 East, St. Lucie County, Frorida. (This is a second mortgage,) _ RECE11fE0 : 13.95 111 PATMEKi OF TAME! ,gpR ouE ay CLASS 'c' IIiTAN6'BLE PERSONI?L PROPERtr, vY 3 AK its 42 0 F1lRSllANt TO C1{ArTE3 71•?'•4. ACTS Of 1111. p C • ~ ROGER PWTKAS r~ ~ . (lC~f~ Agplt~t' A. CLEf:1t C13CWT COYRT, St, L~ ~ B~+ il~ ~ +t OfTRAS ~ f _i,M ice' ; _ . ~ + ~ ~ IEC ~ T. • t (hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the bile to the Mortgaged Property and w+rl defend the same aga+nst the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that ii Barbara 8. B1 rCh ,the Maker(s) of that llnsert Namelsl) certain promissory note dated the date hereof (the Notel, her tre+rs, legal representatives or assigns shall pay to Mortgagee the principal sum of S 69 74.09 ~ evidenced by the Note, with +merest and upon the terms as provided therein, the final maturity date of the Note and of th+s Mortgage be+ng 1'~Ia r Ch 2 7 . , 19 90 , which Note provides that al! installments of pr,nc+pal 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 all costs of collection, including a,reasonable attorney's fee, upon default in the payment-oF. the Note, and that 1~detault be made in the payment of any installment thereunder and that rf wch default is not made good rn accordance with the terms of the Note, that the entire prmcipal sum and accrued, earned rnterest shall become due and payable mttwut notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- errant of the Note and of this Mortgage, then th+s Mortgage and the estate hereby created shall be void, ottterwrse the same shall remain in full force. Maker covenants to pay the rnterest and princ+pal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on sa+d property; to carry +nsurance against fire on the building on sand land !or not less than S ,approved by the Mortgagee, w+th standard mortgage loss clause payable to Mortgagee, the pol+cy to be held by the Atortgagee and to k eep the bu+ldmg on sa+d land +n proper repair. This Mortgage shall secure not only ex+sting +ndebtedness, but also wch future advances, whether wch advances a•e obl+yatory or to be made at the opt+on of Mortgagee, or oiherw+se, as are made w+th+n twenty 1201 years from the date hereof, to the same extent as +f wch future advances were made. on the date of the executran of th+s Mortgage, but wch secured +ndebtedness shall not exceed at any > - W Y ~ t+me the max+mum pr,ncrpal amount of S N/A plus +merest, and any disbursements made for the payment of taxes, levees, or rnsurance, on the Mortgaged Property, w+th rnterest on wch disbursements. Any wch future advances, whether `Ri obl,gatory or to be made at the option of the Mortgagee, or otherw+se, may be made ether error to or after the due date of the Note or C ~ any other notes secured by th+s Mortgage. This Mortgage +s g+ven for the spec+t+c purpose of securing any and all ,rxfebtedness by the Y~ Maker to Mortgagee (but +n no event sha? the secured ++xlebtedness exceed at any time the max+mum pnnapal amount set forth in the paragraph) m whatever manner th+s +ndebtedness may be ev+denced or represented, until the Mortgage is sat+shed of record_ All cove- nants and agreements conta+ned rn this Mortgage shall be appt+cable to all further advances made by Mortgagee to Maker ur+der this ~ future advance clause. z ~ Should any of the above covenants be broken then the Note arxi all moneys secured hereby shall, without demand if the V ~ Mortgagee, so elect, at once become due and payable and ihiz mortgage may be foreclosed, and all costs and expenses of collection and r~ , reasonable attorneys' sees, +nNud+ng costs, expenses and reasonable attorneys' fees on appeal, +t collected by legal proceed,ngs or `v\ through an attorney at law, shaft be paid by the Maker, and the same are hereby secured. IN WITNESS WHEREOF, the Mortgagor has executed th+s Mortgage as of the date test above set forth. S+gned, sealed and delivered ~n our pies ce. ~ 6i--~~3` (SEAL) IMor tgagor 1 tfNortgagor 1 t STATE OF Florida 1 ' St. Lucie 1 COUNTY OF 1 1 HEREBY CERTIFY, that on this day, before me, an ptl~cer duty autnor+red an the State aioresad and m the County aforesa+d to take acknowledgments~efttOgall~ u~Barbara B. Bil^Ch to me known to be the per son described •1 i .n and who executed the~or~irt~`i11E~tv;tt~pt~nd She acknowledged f re me that She ex~ ~ed t_ he same. y r v{/a. i/1,~IL`i WIT SS my harfdpnd of/y'c+$ rnitte'County and State last afore h+s day of A.D., 19 r~f.., n , OOOOOO~w~~~// _ R L - C` 7~t' _ ~ " : = Notary Pub NOTARY IU8!tC STATE Of FLORIDA At LARGE j r • My Comm, +on Expires MY CO!t'NISSIOy f~IDIBES DK f9 1983 1 ,i_ . 8~~~ ~~V PAGE 2254 bCND;G TF9R~J G-rNERAL INS UfbERWR1 TERS 4-6014-000-7 Rev. 8/77 E..,.,,,..P..<,