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Home My WebLink About0542 p CC _ DIRECT HOME IMPROVEMENT MORTGAGE M o~' d ~L~7/ ?YITH FUTURE ADVANCE 491559 ~ THIS MORTGAGE, matte this 20 daY of `lie A.D., 19 _ 80 ,between' ' Virgil F Going and Virginia N Going, his wife IMortgagorl and Sun Bank of St. Lucie County IMortgagee?: i lName of Sun Bank1 I WITNESSETH, that Mortgagor, for and rn consrderaUOn of the premises and rn order to secure the payment of the principal and mterest on the note las hereinafter deirrtr3dl, Mortgagor hereby grams, assigns transfers and mortgages to Mortgagee, its successors and auigns forever, the following described rQa1 property in St Lucie County, Fbrda, to wit: The South 32 feet of Lot :i0 and all of Lots 31,32 and 33, Block 2, ItIDLAN RIVER ESTATES U:aIT ONE, accordinb to the plat thereof, as recorded in Plat Book 10, Page 43, of the Public Records of St. Lucie County, Florida. `~7 1 i. i Received s - a-/ In P,y,,,sut Ot Tax~ft 1980 ,1(1l -2 AN 9~ 17 Due On Class "C" Intangible PersonatoroN,.h,, FI EO NC FECOf~0E0 ~?suant To Chapter 71. 134, gall Qr +971, , ST.~UC~COUN1Y.fLA. ROGER POITBA$ • ROGERR POITRAS ;,levy Clrcuh Court• St. Luck, CO., Flr. ~ CtERK CIRCUIT COUR F=~ AECQRB t'€RIFiEp~~ _ 491569 ~ ! _ (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fatly warrant the true to the Mortgaged Property t ! and will defend the same against the lawful claims of all persons whomsoever. i t PROVIDED ALWAYS, that if Virgil F Going and Virginia N Going ,the Makerls) of that ~ (Insert Namelsll certain promgsory note dated the date hereof (the Note1, theirherrs, legal representatives or assigns shall pay to Mortgagee the principal sum of $ 7 s 605.15 as evidenced by the Nate, with mterest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being Jude 20 ~ 19 90 ,which Note provdes that all installments of prinNpal and interest are payable at the office of Mortgagee, or at such 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 if default be made in.the payment of any installment thereunder-and that rf wch default is not made ! - i i good in accordance with the terms of the Note, that the entire prinapal win and accrued, earned mterest shall become due and payable j without noUCe 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, otherwrse 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- ~ _ merits on card property; to carry rnsurance aga+rtst fire on the building on card land for sot less than $ n~a ,approved ' • by the Mortgagee, with standard mortgage toss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the I! building on card land in proper repair. i ~ This Mortgage shalt secure not only existing indebtedness, but also such future advances, whether wch advances are obligatory or ~ to ne made at the option of Mortgagee, or otherwrse, as are made within twenty (201 years from the date hereof, to ttie same extent as ~ ~ rf wch future advances vver¢ made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any ~ 4 _ O trine the mazrmum pnnupal amount of S _ n/a plus mterest, and any disbursements made for the payment _ U ; of taxes, levees. or rnsurance, on the Mortgaged Property, with mterest on wch disbursements. Any wch future advances, whether - ~ obligatory or to be made at the option of the Mortgagee, or otherwrse, may be made either prior to or after the due date of the Note or } - any other notes secured by this Mortgage. Thrs Mortgage is given for the specific purpose of securing any and all irdrbtedness by the U Maier to Mortgagee (but in no event shall the secured indebtedness exceed at any trine the mazrmum prmupal amount set forth m this - ~ .a paragraph) m ;vhatever manner this rdebtedness may be evdencitd or represented, unfit this Mortgage rs satisfir:d of record. Atl cove- ~ ya Want; and agreements contarn'ed .n this Mortgage shall be appbcabte to all further advances made by Mortgagee to Maker under this 1 t/] future advance clause. ; - ou-+~ 't7 O Should any of the above covenants be broken then the Note aril aft moneys secured hereby shall, without demarxt, if the 0 x Mortgagee, so elect, at once become due arxf payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ .-t p ~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys fees on appeal, rf collected by legal proceedings or ~ rhreugh an attorney at law, shall be pad by the hlaker, and the same are hereby secured. W ,j ~ IN WITNESS WHEREOF, the Mortgagor ha, executed this Mortgage as of the date Lrst above set fo+th. - cJ) in Signed, sealed and de,rvered .n ou+ +e nc _ ~ _ J iSEALI _ ~ IMortgagor? o \ _ ~j31e f J f. a~~_- ISEALI ~J IRlortyagorl o i STATE OF Florida 1 I i i COUNTY OF St• Lucie 1 r I HEREBY CERTIFY, tha~sper Before me, an of},eer duly authonred m the State aforesaid and m the County aforesad ~ ` ~ ~ {{,Y. it F b Vir inia N Goin ` 'o take acknow+edgments, pyr ~ra~a$ g ~ me kncwn to he the person described - - .n and who e.ecused the ~ropptryl~sl~lrterft they acknowledged before me that they executed the same. WITNESS my handD'nd`~Qf112ti'! sr>V01V rrrt~~ Gq y and State ~as oresa~d this _ 2Oth day of 'j~e t ) ~c a?1 . } f - ,1.' ~ ~ < Not • Pub~rc ~a . NOTARY Ptrit?C STATE Of FtOR10A AT L/uGE ~ ~Q ~ r~:~ R1y ommasron Expr ' ~ l~' ~II~T COMMISSION EX?IR4S OK 19 1983 4 (1014-000.7 Rev. 8/77 ~ ~ 4 ~ ; ~ T~ INS UI`JQERWUjE~ { X34 P~ 5~~