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Home My WebLink About1180 UIF1 tl:l trn,Mt IMY/IVt/CMCry1 MVK 1 VHVC WITH FUTURE ADVANCE 4~~~ THIS MORTGAGE, made this - 17th day of Jung VlJ A.D., 19 ,between' ~uQene N . Wells and $renda J.._Y~Tell>~F.21i$_-Saif@--___ fMortgagorl and Sun Bank of St Lucie County IMoitgagee?: INameol Sun Bankl WITNESSETH, that Mortgagor, for anti in consideration of the premises and in order to secure the payment of the principal and interest on the note (as hereinafter de(inedl. Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, rts successors and auigns forever, the following described real property in St Lucie County, Florxfa, to wit: Lot 1, Block 140, LAKEWOOD PARR, Unit 11, as per plat thereof recorded in Plat Book 11, Page 32A, of the Public Records of St Lucie County, Florida, b~5 RECf1YFD s Ul PAYIrlt1R O* fAllE~ DUf Ca CL:rSS 'C' If+iP.tlf.'BLE P~i.SO&`L PROP~R~1 PtiZSU:,Ni TO eK:.FTf2 71-t34r AstS OF 1911. ~~0 ~ 20 ~ ~ R06ER POITRAS aEwl aacaY cou~r. sT. u1caE co. fu.~~ ~ FaEe a~cusa•p s~ ~ Pb'"iT~ii~~. - r-- • i) i_? ~ w: i h f /Z Y. ~ - S I l : ; , ~ r. ' + wftWls YFRIFiFa c o - ` - _ fH, 490310 Q (hereinafter referred to as the Mortgaged Property; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property l ; 1 ~ and wnl defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that ii Eugene N. Wells and Brenda J. We113 ,the Maker(s) of that • Ilnsert Namels?) : + certain promissory note dated the date h~e~~yq~/yQf (the Note1, their hews, legal represematives or assigns shall pay to Mortgagee the pnnapal sum o! $ 4~~.'~~`./_v as evidenced by the Note, with ,nterest arxi upon the terms as prov+ded there,n, the final maturity date of the Note and of this Mortyage be,ng _s111ne 17th , t~r2- ,which Note provides that ail installments of pnnapal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in venting, and tha! each maker and endorser agree to pay all costs of collection, including a reawnable attorney's fee, upon default m the ' li payment of the Note, and that if default be made m the payment of any installment thereunder and that ii wch default n not made • _ ' good in accordance with the terms of the Note, that the entire pr+nc,pa! win and accrued, earned interest shall become due and payable :without notice at the option of the holder thereof; and sha!I 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 word, otherwise the same shalt remain in full force. Maker covenants to pay the mterest and pnnc+pal promptly when due. Mortgagor covenants to pay the taxes and assess- - ~ ~ ~ ments on said property; to carry insurance against l,re on the building or. said land for not less than $ ~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 bu+Id+ng on ~3id land in proper repair. II -..a:. II Th,s Mortgage shall secure not only ex+sting +ndebteriness, but also wch future advances, whether such advances are obligatory or j to be made at the option of Mortgagee, or otherwse, as are matte w+thm twenty (201 years Irom the date hereof, to the same extent as i if wch future advances veer? made on the date of the execuUOn of th+s Mortgage, but such secured indebtedness shall not exceed at any k _ Line the max+mum pnnupal amount of S _ N ~A plus +nterest, and any disbursements made for the payment of taxes, lev+es, o+ +nsurance, on the Mortgaged Property, wdh interest on. wch dsbursements..Any wch future advances, whether obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either pnor to or after the due date of the Note nr I _ any othP. notes secured by ih+s mortgage. This Mortgage is g+ven for the spec+tic purpose of securing any and all +rxiebtedness by the IJ. Maker to P,Aortgagee (but rn no event shall the secured indebtedness exceed at any time the max+nwm pnnapal amount set forth in this - `l paragraph) in whatever manner the +ndebtedness may be evidenced or represented, unto this Mortyage rs satisfied of record. All cove- - ~ Hants and agreements conta+nNd in th+s Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this futwe advance clause. T Should any of the above covenants be broken then the Note and all moneys securrri hereby shalt, without demand, rf the ~V Mortgayee, so erect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and v +easonabie arorneys' fees, +nclud+ng costs, expenses and reasonable attorneys' tees on appear, if collected by legal proceedings or ` though an attorney at law, shall be p~+rd by the Maker, arxl the same are hereby secured. _ ,~~~"'~CCCj IN WITNESS WHEREOF, thr Mortgagor has executed this hiortgaye as of the date first above set forth. ~ - \ " Segn -algid anti dei,vvreci n ~ ~n O r p e ence~ ' ~i~~ _ _ISEALI Eug e N. (hlortyagorl Wells ' ~~.1 - , - I---- ISEALI r Brenda J. ay°''Wells STATE OF FLORIDA i COUNTY OF ST. LUCIE 1 HEREBY CERTIFY, Thar nn rhrs day, before me, an ollieer duly authorved +n the State aforesaid and in the County aforesaid 3 latf:.r'r • u ene N Wells and ~~TT wwQQ~~ to take acknowledgments,p~r~14y1appc~arpY Q. BrenC~~mt!kn8,kr~t~tfe the persondescnbecl Iti • ! :n and who executed five fssr ~r+rn~Urn~il9'w th_ eY_ acknowledged trforeme that - they executed the same. , WITNESS my hartd_s~f~ (1 5 he Co+fnty and State past a esaid tn+s 17th day of June , A D.. 79 B.0- :I . .'it~ ~ f ~ ~ s~~ • `~L r4, Notary Public ~ it. $ +r My Commiss,on Expires: a001(Jeh~ PI~~~ ~f' • ~ I ~~~4 ` •t ~li'1~ 1`•' Pte, 4-6014-000.7 Rev. 8/77 ~~i~~ii ~taRl~ WOTARY PNKIC s1AiL yr .tt,jRIDA AT. IJ~1 rkMtf~M?8M'~ Mr CO,.r..aatvi~ r.,rii[i.~ MAR 7 19$~ 1 i... ,..,.o,.,, ~OPOED ll~v v:..«.+t. INS. WrDEtVlf9tlF,~i I