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Home My WebLink About1181 vinct.r rtvntc tntrnvtrcmcr•i MVR I Vt1VG _ W 1TH FUTURE ADVANCE THIS MORTGAGE, made this 18 day of JuI1e , A.O., 19 ,between' Richard B. McKee and Lynn M. McKee, Ruf3band and Wife (Mortgagor) arts 4 m Ranh of $t• jucie ssnt,~ (Mortgageel: lName of Sun Bankj WITNESSETH, that Mortgagor, for and in consideratwn of the premises and in order to secure the payment of the principal and interest on the note las hereinafter detinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and • assigns forever, the following described real property in St. Lucie County, Fbrda, to wit: Lot No. 11, Block 476, Port St. Lucie, Section 26, 630 N.B. Helicon Lane, Port St. Lucie, FL, recorded in PB 253, Page 52 of the Public Recordfa:of{St. Lucie - County, Florida. This is a Second Mortgage FfC"1~ S 40.09 IM PA`:'!~'E`1T ~ TA)~ FfIEC Rlft R;'COItDEO '~.IS C'_ :iS'C' I"T `EC~Lt. F:c,_~;•'i PkO.^EnTYr Sil I j,' TY.f A. Fu ..ail:-?a: TO Civv'TE?! 71-i?.~, RCTS tiF 1lJL CIERKECIRCINTCglRt . fii)6Ett PC1TitJ1S CLERK C12CIGT CpURTi ST. LIKE CO. ~Q'~ - 1~CARD 1'ERIF1El1 - i ~ 490311 ~ (he?einafter referred to as the Mortgaged Propertyl: and the Mortgagor does hereby fusty warrant the title to the Mortgaged Property r ; f and will defend the same against the lawful claurts of all persons whomsoever. 1 Richard $ McKee and Lynn M McBee 1 PROVIDED ALWAYS, that if ,the Makerls) of that ' (Insert Namelsl) ~.'.i . their = certain promissory note dated the date hereof (the Note1, heirs, legal representatives or assigr?s shall pay to Mortgagee - ~ the principal sum of S 10,043.24 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 June 18 , 19 90 ,which 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 to pay all costs of collection, including a reasonable attorney i fee, upon default in the _ i i payment of the Note, and that if default be made in the payment of any installment thereunder and that if wch default is not made •z ' i good in accortlance with the terms of the Note, that the entire principal win and accrued, 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- _ ~ 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- p operty: to Carr insurance inst fire on the buikfin on said land for not less than S n~a ,approved L ~ ments on sad r y ago g i by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, Elie policy to be held by the Mortgagee and to keep the buikfing on sad land in proper repair. ti:. This Mortgage shat) secure not only ex,sting indebtedness, but also wch future advances, whether wch advances are oblgatory or to be made at the option of Mortgagee, or otherwise, as are made within twenty (201 years from the date hereof, to the same extent as rf wch future advances were made on the date of the execution of this Mortgage, but wch secured indebtedness shall not exceed at any f _ O ~ Ume the maximum principal amount of S n~~ plus interest, and any disbursements made for the payment k ~ U ~ of taxes; levies, or inwrance, on the Mortgaged Property, with interest on such disbursements. Any wch future advances, whether 1 ' ~ ~ obligatory or to be made at the option of the Mortgagee, or otherwise, may be made either prwr to or after the due date of the Note or U; any other notes secured by this Mortgage. This Mortgage n given for the specific purpose of secur,ng any and all indebtedneu by the . ] ~ Maker to Mortgagee (but in no event shalt the secured indebtedness exceed at any trite the maximum principal amount set forth in this - paragraph) m whatever manner this indebtedness may be evdenced or represented, until this Mortgage is satisfied Of record. All cove- ~ t Hants and agreements contained in this Morigave shall be applicable to all further advances made by Mortgagee to Maker under this to ~ future advance clause. z b' O i Should any of the above covenants be broken then the Note and all moneys secured hereby shall, whhout demand, it the ~ G Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and o x. i-7; ~ 1 reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, it collected by Iega1 proceedings or I through an ottorney at law, shall be paid by the Maker, and the same are hereby secured. 'b~ ~ N z I ~ ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth. to to l Signed, sealed and delivered ur resence ~ i ~ ISEAL? 1 t (M~ortrgagor) ISEALI (Mortgagor 1 STATE OF Florida 1 ' i ~ COUNTY OF St• Lucie 1 1 HEREBY CERTIFY1s((f,ptiNri~ ~ day, before me, en off,cer duly auifansed in the State aforesad and m the County aforesad Ji ~ ff s to take acknpwledgme~Qf'~~ jleis~i~p~'eared Richard E 6 Lunn M MCRee to me known to be the person described rn and who executea~te forAUOi~~~fffggq~a~nsrtly7Kegc~rd they acknowledged before me that they executed the same. rid fFrC ?,tn County and State East resaid the 1$ day of June WITNE=SS m~h~tf4p. ~ _ tl^G3: . A.D., 19 1 S,4 •tb S , 1 g~ Not Pubnc wA~~ My on~i FQ~Ir~s:STATE OF FLCIRIDA AT URGE `T''.~'~~l:r : a~ MY CCWIMISSICIN EXPIRES OK 19 1983 ~r,, DONDED 1}uU GENERAL INS Ut~DfAWRITERS t.-,ter+sn.,. aso14-aooa Rev. 8m $(~p[cJJV P1~F~~ ~