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W TH fUTt01RE ADVANCE ENT MpRTGAGE
tl v A.O.. 19 between'
THIS MORTGAGE, made this 26th day of .Il
_ Paul Lundy aad Carolyn W. LvaQdv his rife tMortgago.? anrf
Sun Bank of St. Lucia Co. ~ (Mortgag«t;
[Name Of Sun Bank)
WtTNESSETH, that Mortgagor, for and in consideration of the premiss art3 in order to strcurt tM payment of tM prtncipal and
interest on tM nott Iss hereinafter delinedl. Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
auegns forever, tM iolbwirq described rNl property in St• Lucie county, Fbrids, to wit:
Lots 16 and 17, Block 3, Fairla~m A Subdivision, as
recorded in Plat Book 6, page 5, At St. Lucie, County,
Florida.
THIS IS A SBCOND KORTGAGB
• 1tE*EiYfD = g.y I11 PAYTdENT OF TAME!
Lll: C.1 Ct: SS 'C' IRTf.:iS 8lE PERSONAL PROPERTr. ~ ~ ~ ~S ~ ~ 43
qL FUMJJAIIT TD t FIAPTEQ 7i-Y:B, ACTS Of M11.
R06ER POITRAS ~ p
~3~ arolc c>acaT cover. sr. L~ CO,. w~q.~ • ~i.
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_ 494033
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-f (hereinafter referred to as the Mortgaged Propertyl: and ihe•Mortgagor does hereby fullyvvarrant the title to the Mortgaged Property
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~ and will defend tM same against the lawful claims of all persons whomsoever.
' ~ f r ~ Paul Lun and Carol W Lundy , tM Makerls! of that
~ ~ : PROV IOEO ALWAYS, that it ~ ~
• ~ (Insert Namelsl]
it , y certain promissory note dated the date Mreof (the Notel, tT+e{r heirs, legal representatives or assigns shall pay to Mortgagee
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the pnncipal sum of S 9.232.89 as evidenced by the Note, with interest and upon the terms as provided therein, the final
a ~ maturity date of the Note and of this Mortgage being July 23 a , lg 90 ,which Note provides that -
V all installments of principal and interest are payable ffi the office of Mortgagee, or at wch other place as the hokder 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
J - payment of tM Note, and that if default be made in the payment of any installment thereunder and that if wch default is not made
y. i ~ ~ [ good in accordance with the terms of the Note, that the entire principal wm and accrued, earned interest shall become due and payable
m without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreerr?ent and cov-
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- errant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be vod, otherwise the same shall remain
- ; ~~~:':fii.', in full force. Maker covenants to pay the interest-and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
J ~ g Z ' manta on said property; to carry inwrance against fire on the building on said land for not less than S II~g ,approved
by•the Mortgagee, with standard mortgage bas clause payable to Mortgagee, the policy to be haled by the Mortgagee and to keep the
E building on sad lard in proper repair.
f .rrA:`t This Mort '
gage shall secure not only existing indebtedness, but also wch future advances, whether such advances are obligatory or'
to be made at the option of Mortgagee, or otherwis, 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
i ~ ( O tinee the maximum principal amount of S n~a plus interest, and any disbursements made for the payment
i ~ V I of taxes, levees, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether
i W C 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
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? I ~ any other notes secured by this Mortgage. This Mortgage a given for the specific purpose of securing any and all indebtedness by the
a Maker to Mortgagee (but in no event shall tM secured indebtedness exceed at any time the maximum principal amount set forth b this
~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove-
y ' yj Hants and agreements conta~ited in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
~ tJ) future advance clause.
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z O I Shoukd any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, if the
Oi Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
2 H:.Y.
pq'~' ~ reasonable attorneys fees, including costs, expenses and reasonable attorneys fees on appeal, if collected by legal proceedings or
C!i ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured.
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- ~ ~ IN WITNESS WHEREOF, the A'lortgagor has executed this Mortgage as of the date f,rst above set forth.
T~ h~tn~
Signed, seal delivered `
m our pr nce' ;
a~ ~ ~ (SEAL)
- rt r)
~ (SEAL)
(Mortgagor)
STATE OF Florida 1
1
COUNTY OF St• Lucie 1
1 HEREBY CERT .~L~~sl~~is day, before me, an ott~cer duly authoraed ~n the State aforesad and in the County atoresad
to take acknowted ts?"per ed ~Sll~. T'tt~n~.C~r01~.-.L11II~Ime known to be the person described
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m and who axe -~tdjtftt3f~/ ' ut~r t drtd they acknowledged before me that they executed the same.
WITN ~~~+i1d'aAli'of ~I' ~ ~i~ts~ounty and State la aloresad this 24th day of Jul ,
_
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_ = ~ ~ rC ~a+'(~' N ry Pubhc hOi .RY r~o. C _T ~ lei Ur iIORIDA AT LAR(#
%~~Q ~ n~ Commission Exp~~:COAAMISSION F)tPIRES DEC 19 1983
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4~014.OOD•7 Ray, V/ ~7 ,w(-' ~ • E,Kb~M ~rfl