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DIRECT ROME IMPROVEMENT ~ OO
wITH FUTURE ADVANCE MORTGAGE
49'70~~
THIS MORTGAGE. made rhrs 12th day of Aug• A.D., 19 80 ,between'
Gordon D. Terry and Heleq„M. Terry, his wife (Mortgagor) and
Sun Bank of St. Lucie Co. IMortgageel:
[Name of Sun bank)
WITNESSETH, that Mortgagor, for and rn consrderatron of the premises aril in order to secure the payment o1 the prrncrpal and
interest on the note las hereinafter delrnedl, Mortgagor hereby grants, assrgns transfers and mortgages to Mortgagee, its successors and
assigns forever, the following described rpat property in fit. Lurie _ Coumy, Fbrrda, to wit:
Lots 9 and 12, of Block 5, of OAIQ.AND PARK, as per plat _ ;
thereof on file in Plat Book 2, page 7 of the public
records of St. Lucie County, Florida.
. ~•~.r~. i
i 'y ~ i
49'7065 .
1980 AU6 22 AK iQ 50
~ FILED ANC P£C 0 R~ceivsd i ~..fh~• LG tt1 P~111~Rt Of ?01Nt
~ ST. LUCIE COUNT . A. Due On Clasts "C" inta~gibN PwsonN '
t~ ROGER POIT A~ esq. ?
~ CLERK CIRCUIT COURTe Purs4aM To Chapter T1 r 134. /?qs Of 1x'71.
~ RECGRO~'CRIFIEi!_. ROGER POITRAS y
v ` \
Clsrk Chcuit C• tft, St Lucia. Cfa., Fla. ~
_ i
f
(hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the true to the Mortgaged Property
and wnl defend the same against the lawful claims of all persons whomsoever. !
e
PROVIDED ALWAYS, that rf Grnrdnn n__ ,the Makeris) of that
[Insert Namelsil
- certain promissory note dated the date hereof (the Note), their hems, legal representatives or assrgns shall pay to Mortgagee t
the pnnupal sum of $ _10+078.31 as evidenced by the Note, wrth rnterest and upon the terms as provided therein, the final [
maturity date of the Note and of this Mortgage being Aug 11th 19 90 , which Note provides that
all installments of ptrncrpal 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's fee, upon default in the
payment of the Note, and that rf default be made in the payment of any installment thereunder and that rf such default Knot made
good rn accordance wrth the terms of the Note, that the entire pr incrpal win and accrued, earned rnterest shall become due and payable
wrthout notice at the opUOn of the hokfer thereof: and shall perform and comply wrth each and every sUpulatron, agreement and cov-
enant of the Note and of ;lira Mortgage, then rhrs Mortgage aril the estate hereby created shall be void, otherwise the same shall remain
rn full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes anti assess-
ments on card property; to carry mwrance against fire on the burkfrng on said fancf (or not less than $ _ n~a ,approved
II by the Mortgagee, wrth starxfard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee aril to keep the
buridrng on said land m proper repair. -
This Mortgage shall secure not only existing rrxlebtedness, bur also wch future advances, whether wch advances are obligatory or
to be made at the option of Mortgagee, or otherwise, as are made wrihrn twenty 1201 Years from the date hereol, to the same extent as
rf such future advances were made on the date of the execution of rhrs ~Aortgage, but such secured rncfebteclness shat) not exceed at any
f _ + trine the maxrmum pnnupat amount o1 S _ n~a plus rnterest. aril any disbursements made for the payment
of !axes, levees, or insurance, on the Mortgaged Property, wrth rnterest on wch distrursrments. Any wch future advances, whether
obligatory or to be made at the option of the Morrgagee, or otherwise, may be made either poor to or after the due date of the Note or
A any other notes secured by this Murtgage. Thrs Mortgage rs given for the specific purpose of secunng any and all rrxiebtedness by the
_ ~ Maker to Mortgagee (but rn n0 event shall the secured indebtedness exceed at any lime the maxrmum prrnupal amount set forth rn this
parayraph) m whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs satisfied of record. All cove-
nants and agreements contained rn this Mortgage shall be applicable to all further advances made try Mortgagees to Maker under this
future advance clause.
0 41 Should any o1 the airove covenants tie broken then. the Note and ail moneys secured hereby shall, wrthout rtemarxf, d fire
- ~ ~ Aortgagee, so erect, at once become due and payable and this mortyage may be foreclosed, and all costs and expenses of collection arrJ
reasonable attorneys' fees, rncluding costs, expenses and reasonable attorneys' fees on appeal, rf collected by legal proceedings or
through an attorney at law, ;hall be yard by the Maker, aril the same are hereby secured. 3
E ~ -
- IN WITNESS WHEREOF, the Mortgagor has ex?cured rhis Mortgage as of the date lust above set forth.
- s Signed, seated and Ae:rvered t
r nce _
' ~J~~_-~1SEAL)
(Mos.t~agor?
? ISEALI j
IMortgagar )
STATE OF Florida i
1
COU11iTY OF St• Lucie } #
ssttssnr~ur~lr,,{[[[
1 HEREBY CERTI `~t~t~tl:a~ip,t~r_before me, an officer duly authon~ed in the State aforesaid arxf in the County aforesaid
to rake acknowiedgmegt~ Adt yid at~sl S>~n ~ Helen Terr3t to me known to be the person described
rn and vsho execuled~l~e•fd~l r~mdnt~ they acknovriedged before me char they executed the same.
WIT~E,~SS my Fg1~'and9ffr~ seaf~r tqe ~'aOnty and State t resaid rhrs 12th day of AUg• _ ,
. G ~~G ~ . ~ . t; No y Public
'~~'~.,r t 1f lily ommrssron ElgrTARY il~LlC STATE Of flORtOA AT LNtGE
MY COMMISSION EXPIRES OC{ 19 1983
4014000-7 Rev. s/77 ORrr~~c~ 106OEp THAU GENER/LL INS 1iN0ERW'Rli6iv .
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