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Home My WebLink About1255 DIRECT HOME IMPROVEMENT MVK 1 l~iHl~C 4~6~2 ~ WITH FUTURE ADVANCE THIS MORTGAGE, made this 12th ' day of HSy ~ . A.D., 19 ,between' Jtme C Barber a ainol a ~Au1 t (Mortgagorl and The Sun Bank of St. Lucie Co. (Mortgageel: (Name of Sun eankl 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 (as hereinafter del inedl. Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, the following described real property in St. Lucie County, Fbrida, to wit: Lot 1, Block 4 of INDIAN HILLS BSTATES, a Subdivision according to the Plat therof, recorded in Plat Book 10, at Page 32, of the Public Records of~St. Lucie County, Florida. 1 ` THIS IS A SECOND l~RTGAGE 11; ~ 1 M Peri~elt Ot Tsllllty 19x0 IIA~ t 5 ow on aas w~, p~, p To Ch~RS? 71.1i~ ~ q 1p1. ~ f 5i• R ~p~TST ~ ~ 1~~wAS ~,y~ b ~ ~~t:CWyR~ t~rR Ckd~k Oeu~t !t ~ --~9~`~ ~•~ptFlHl- 4~f82 (hereinafter referred to as the Mortgaged Propertyl; 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. PROVIDED ALWAYS, that if June C Barber ,the Makerls) of that (Insert Namelsll certain promissory note dated the date hereof (the Note), her heirs, legal representatives or assigns shall pay to Mortgagee the principal sum of S . 5,434.73 as evidenced by the Note, with interest and upon the terms as provided therein, the final- maturity date of the Note and of this Mortgage being MSy 11th , 19 90 ,whits Note provides that all installments of principal and 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 fo pay all costs of collection, including a reasonable attorney's fee, upon default in the payment of the Note, and that if default be made in the payment of any installment thereunder and that if such default .K not made good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shat) 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- enant 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- menu un said property; to carry insurance against fire On the building on sad larxf for not less than S H~A ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on sad land in proper repair- . This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or ~i to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 years from the date hereol, to the same extent as j if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any I s ~ I time the maximum principal amount of S n~a plus interest, and any disbursements made for the payment _ V of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether y 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 Specific purpose of securing any and all indebtedness by the ~ ~ U Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth b this a ~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- ~ - Hants and agreements containerd m this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ I future advance clause. r O z l.a W Should any of the above covenants be broken then the Note and as moneys secured hereby shall, without demand, if the ~ D Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ - _ ~ .Y reasonable attorneys' fees, including costs, expenses and reasonable attorneys" fees on appeal, if collected by legal proceedings or ~ through an attorney at law, shall be pad by the Maker, and the same are hereby secured. 41 W z - R~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. cb 7 hv) Signed, sealed and delivered -in our present _ ISEALI f i ~ IMortgagorl i~ ~ ~0 ISEALI t ~ _ Ii~tGilyagorl E - t7 ~ r r • STATE OF Florida ? r j COUNTY OF St. Lucie l - ~f ~ I HEREBY CERTIFY, that on this day, before me, an officer duly authorised in the State aforesad and m the County aforesad s 1 June C. Barber to take acknowled r' ~ g~r~i;,gei;ynally appeared _ to me known to be the person described ' m and svho exe te~eiBp ~r/q rumens and 8~te acknowledged before me that t3be executed the same. - ~ WITNFS9~[-'fNyrt`V~t+~l~ffi~~'# ~ffl thsCounty and Slate to oresaid this 12th day of 1"~y , r A.O., 19 iSlt '_t.~^?:.-i,'~j f `Iii jY. tj ~ 1.. ~ •-.a a._ f fit ~~!I~rrl . - f ~ ; rte' NOTi,dtY PU3:IC STATE OF FLORIDA AT LAkGE . i , e,,p, ~ r M Commission Expires: MY COMMISSION EXPIRES OEG 19 1983 4-6014.000-7 Rev. 8/77 ~~~l6 ~ D j~ INS IMrDERWR ~TE~RS ' - i ~ ~ a~ x331 PAGE1255 .:.:Ti _ ...T