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Home My WebLink About2010 • ~ DIRECT HOME IMPROVEMENT MORYGAGE ~ ~ ~ 3 ~ wITH FUTURE ADVANCE 494290 THIS MORTGAGE. made tnrs 25th .day of _ Jules, , A.D., 19 ,between' Donald Bruce Knowles and Tina Moore Knowles, his wife 1Mortgagor? and Sun Bank of St. Lucie County IMottgageel: (Name of Sun Bankl • WITNESSETH, lj~t Mortgagor, for and in consideration of the premises and in order to secure the payment of the prrncrpal and interest on the note las herernatter definrtdl, Mortgagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and assigns forever, tM following described real property in -.S~• Lu^~Q County, Fbrda, to wit: That part of Tract 8 of a RESUBDIVISION OF SURORA HEIGHTS, as per plat thereof on file in Plat Book 7, at page 14, of tale Public Records of zt. Lucie County, Florida, lltore particularly described as follows, to•wit: Begin at the Northeast corner of Tract 8 where it intersects the Weet right of way line of State Road #4 as shown on the aforesaid plat, and run Southeasterly along said right of -way line 264.84 feet to the point of beginning of the tract hereinafter described; thence turn and run West 110.35 feet to a point,.thence turn and~run South 75 feet to a point, thence turn and run East 140.67 feet to the Weat right of way line of State Road #4; thence turn and run Northwesterly to the point of•beginning (being Lot 8 of an unrecorded plat). Also - An easelaent for ingress and egress over. that part of the aforesaid Tract 8, more particularly described as follows, to wit: Begin at the Northeast corner of Tract 8 where -it intersects the West right of fwiay line of State Road ~4 as shown on-the aforesaid plat and run Southeasterly-along said right of way line 221.44 feet to the point of beginning of the tract hereinafter described, thence turn and run West 274.2 feet to a point, thence turn and run South 40.41 feet to a point, thence tuini and run Bast 290.35 feet to the West right of way line of State Road #4 as shown on the .aforesaid plat, thence turn and run Northwesterly along the said right of'way line 43.4 feet to the point of beginning. THIS IS A~SECOND MORTGAGE - (hereinafter referred to as the Mortgaged Property?; and the Mortgagor does hereby fully warrant the title to the NJlortgaged Property and will defend the same against the lawful claims of all persons whomsoever. . ~ Donald Bruce Knowles and Tina Moore the Makerlsi of that PROVIDED ALWAYS, that it ' N (Insert me s r. ap certain promissory note dated the date hereof (the Notel, th F± i r hens, legal representatives or assigns shall pay to Mortgagee p ~ the principal sum of S 5 • 4 34 • 7 3 as evidenced by the Note, with interest and upon the terms as provided therein, the final - ' t; t ~ Jul 24 90 maturity date of the Note and of this Mortgage being y r , 19 ,which Note provides that all installments of principal artd interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in 4 writing, and that- each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default m the - ~ payment of the Note, and that if default be made in the payment of any installment thereunder and that rf wch default n not made ' , ' good in accordance 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 shah remain in tuff force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- merits on said property; to carry inwrance against fire on the building on said land for not less than S ,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 said land in proPe? repair. u I 4 ~ . E! _ . ~ This Mortgage shall secure not only existing irxlebtedness, but also wch future advances, whether such advances are obligatory or J ~ ~ ~ ~ ~ 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 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 U+I time the maximum pnncrpal amount of S N~A plus interest, and any disbursements made for the payment ~ N ~ of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any wch future advances, whether ~ rl II ~ . oblgatory 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 ~1 any other notes secured by this Mortgage- This Mortgage is given for the~specitic purpose of securing any and all indebtedness by the _ ~ ..7 ~ - Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- ~ i Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this J~ ' ~ i future advance clause. W z O Q ~ Should any of the above covenants be broken then the Note and ail moneys secured hereby shalt, without demand, if the z to ,SL Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ I reasonable attorneys tees, including costs, expenses and reasonable attorneys tees on appeal, ii collected by legal proceedings or - d`: 04 ~ .through an attorney at law, shall be paid by the Maker, and the same are hereby secured. T~: z ~ E ~ r r to ~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set (onh. I ~ ~ Sgned, seated and detrvered Donald Bruce Knowles in our pre _ / t ~ g.~ ~ "~~/~(9~[(f~C~e~~~~ ISEALI t` ! i Moore Ifik9(t'~tles ~ ~ ~-c~ ISEALI 01 ~CtaYEO f !0. IN PAYTiL71T OgniAl~ 1 igv~ LU-. G'I C. S •C' INTA!:e:BLE PERSOatAI PRS?PEATY, ~ ~ 0~8 ~ STATE OF Florida IUaS;:1JIT TO ~11.iPTER 7t-t34r ACTS OF 1~1b 1 RO:rfA PWTRAS ZL:RK CUiCWT C01{LT, iT. N ~ o COUNTY OF St . ~uN ti Kra WC~E C0. RA.~- 4 N /j ~ I HEREBY CERiJ~~!fe"j~1~i~iq~h~i9~ay, before me an officer duly authorized in the State aforesaid and in the County aforesaid a Donald Bruce Knowles & ~ ti~ ~ :o take acknowli:dQtrtents~ ~ to me known to be the person described ins oore now es N d. ~i, m and who exectrte6kt15~ rrg~tl!LR7~~arW acknuwledged before me that th ex uteri the same. >;S WIT ' rily-f~iy~n~~•C/i/flal~t,~tila~County and Stete Ias said this ~ day of , iY A.D., 19 ?vl.~ ,_`~Tyr er ~r „ OC. i f ,e V C7 ~ - No[ar ubhc "••;Q+~,~`'~~ ~F~ TARP PUBLIC STATE of FLORIDA AT URGE My C mmissan Expu~ ' t+•`~. l ~ MY CO1MA I SS I ON EXP 1 RES DEC 19 198 3 a-solo-ooo-T Rev. sin ~ ~c~ 60iv0it? TWtU GENiRAI INS UNDERWR:TFRS f a~c~~J P~Er.~)