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Home My WebLink About0507 } - i.- ~1 ~ RT AGE ~3.:Z~o~ ~ ~~~~x~,c~ MO G 4 `f 9~oss 15th t{a August _ , A.p., 19 80 , lsetvveen' THIS MORTGAGE, made this y of William M. Franklin and Montine H. Franklin his wife IMortyagor) and Sun Bank of St Lucie County fMortgageel: (Nameol Sun Bank( WITNESSETH, that Mortgagor, for and ,n consrderatron of the premises and rn order to secure the payment of the principal and rnterest on the note fors hereinafter delinedl, Mortgagor hereby grants, assigns transfers aril mortgages to Mortgagee, its succeswrs and aurgns forever, the Iollowrng described real property m ~t.a ),dltwle _ County, Fbrrda, to wlt: Lot 27, Block 25, PIN>;'WOOD SUBDIVISION as per plat tl;ereof recorded in Plat Book 5, Page 24 of the Public Records of St. Lucie County, Florida. - • - , ~ _ - ..e_ - _ 1980 AUG 22 AK 1~ 50 Rsoaivsd ,j Z-~ FIIE~ R RECW~p~O Dua On Ciaf» ''C'• ~ In Payment Of Taxes i S1.``UCIE COUNTY.ftA. Punua~ To C P~~1 ~OpQ~' ~ ROtiER POITRAS mar 71, 194• ~ OT 1971• ~ CLERK CIRCUIT LOUR gOCEp ; ,1 RECCPt) ~'ERiFif (1__~ CNI'R C018>Z ~ Lt10~ ~ ~ ~ ~ t ! ~y~oss~ - (hereinafter referred to as the Mwtyaged Property), and the Mortgagor does hereby fully warrant the title to the Mortgaged Property arxf will deterxf the same against the Iawfui clarmsof all perwns whomwever. PROVIDED ALWAYS, that rf Wllliam M. Franklin & Montine H Franklin the Makerlsi of that Ilnsert Namelsll 1S wife certain promiuory note date/d~~ the date hereof (the Notel, th~'i r hem, legal represematrves or assigns shall pay to Mortyagee the pri::c:pal sum of $ ~~1a8,~[ a5 evidenced by the Mote, with rnterest and upon the terms as provided therein, the flea! matunty date of the Note and o1 thls Mortgage being Augt>St 14 , 19 , which Note provides that alt installments of principal and rnterest are payable at the office of Mortgagee, or at wch other place as the holder may designate ~n wr rung, and that each maker and endorser agree to pay all costs of collection, including a reawnable attorney's tee, upon default rn the payment of the Note, and that rf deiauit be made rn the payment of any installment thereurxler and that if wch default is not made good rn accordance with the terms of the Note, that the entire pnnupa) vim and accrued, earned rnterest shall become due and payable wrthout notice at the option of the holder thereof; and sha!I perform arxf comply with each and every snpulatipn, agreement and cov- enant of the Note and of iMs Mortgage, then this Mortgage aril the estate hereby aeated shall be void, otherwise the same shall remain in full force. Maker covenants to pay the rnterest and pnnupa) promptly when due- Mortgagor cmenants to pay the taxes and aisess- ments on card property; to carry msu+ance ayainst lue on the buiidrng on card Iarxl for not less than S >i~~g ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be heW by the Mortgagee and to keep the buddrng on card land in proper repair. ~ This Mongage shall secure not only existing mdebterlness, but aiw wch future advances, whether wch advances are ublgatory or ~ to be made at the optron of Mortgagee, or otherwise, as are made wrthrn twenty 1201 years from the date hereof, to the same extent as JJ if wch future advances were made on the date of the execution of this Mortgage, but wch secured mdetrtedness shall not exceed at any G time the maxrrnum pnnupa) amount of S _ Sl~g - plus rnterest, ars[1 any disbursements made for the payment r U, of taxes, levies, or insurance, on the Mortgaged Property, with rnterest on wch disbursements. Any wch future advances, whether ' ~ obligatory or to be made at the opUOn of the Mortgayee, or otherwise, may Ixt made either poor to ur after the due date of the Note or any other notes secured by this Mortgage. Thrz Mortgage is given for the specdic purpose of securing any and all indebtedness by the ~ ~ Maker to Mortgagee (but m no event shall the secured indebtedness excteri at any time the maximum pnnc:pal amount set forth in this ~1 rl! paragraph) in whatever manner this indebtedness may be evidenceri or represented, until this Mortgage is satisfied of record. All cove- Hants and agreements contained in this Mortgage shall be applicatrle to all further advances made by Mortgagee to Maker under this ~ ~ future advance clause. JJ. . ~ ~ ~ w' $houW any of the above. covenants tie broken then the Note arxf ail moneys Secure(1 hereby shall, wrthout deman9, d the n, Mortgagee, w elect, at onre become due aril payable and this mortyage may be foreclosed, and all costs and expenses of collection and 1 1-t . .H x' reasonable attorneys' fens, including costs, expenses and reawnahle attorneys' fees on appeal, d collectitrf by legal proceerlrngs or ~ through an attorney at law, shall be paid by the Maker, aril the same are hereby secured. ~ ro ~ oo - IN WITNESS 1'VHERECF, the Mortgago- has executed this h7rs-igage as of the date iirst above set forth. Z; U1 $:yneri, sealed and de:,vered !\~J~t t - ~ (Mcrt~ or) . ~ _ ISEAL? - - IMortgagO+I : 's STATE OF Florida I I COUNTY OF St. Lucie ! • ~k l t HEREBY CERTIF ~z~~~.Dn ~~«rtl~. before me, an off,~er duly authonred m the State afnrr•saKl arxf. in the County atcyesad t~ ` - t.. i 1 1 i ate & Mont? ne Frank 'o take acknowledgm `rt~, pe:wi>+lUy aj~l~jre/d' •,.)d __1,111 to me kncwn to be the porwn descnbecf ,n and who executed,Jhy+JQregdti~~,kfwr>'~r~1t they _ acknowiedgecl tpfore me that _ihey executed the same. - WITNESS my harMiy~al setar j(i tlje;~nty and Star I - foresdid this _ 15th day of _ At1 )1St ~ fI. i•..Str~ ~ ~w~' ,i N ryPubbc f ~ ~ r i h Commission Exprr r,.~•.r xf° v ,t' 410iRR'f r~__ _i:.'c v: i~:,'i:~f, r"i LLIef~ • _r..i.11~' - MY CUN.rtii~SIG~ Excl>::S D:C i~ iv33 4-6014.0047 Rav. B/77 ~ V ~~~t', , (IR 1sONDfD JHRU GENEiG;I ItvS Ut:DERynRl~i~~ aoo>t ~7 PAGE