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Home My WebLink About0644 DIRECT HCME IMPROVEMENT MORTGAGE g~ ~3~~ ~ 3 WITH FUTURE ADVANCE 49~1sz THIS MORTGAGE. made this 2181... ~ +ctaY of At-~~Rt A.p., lg _~Q. , Iretvreen' BaX F Painter and Julie R Painter his wife (Mortgagor) and Sun Bank of St. Lucie Co. _ IMortgagee?: (Name of Sun Bank( WITNESSETH, lhat Mortgagor, for and m consideration o) the premises and in order to secure the payment of the principal anti interest on the note las hereinafter defiredl, Mortgayor hereby grants, assigns transfers and mortgages to Mortgagee, us successorsarid assigns forever, the following described real property in _ St• Lucie _ County, Florida, to wit: Lot 8, Block 14, FORT PIERCE BEACH, according to the plat thereof on file in Plat Book 8, page 29, public records~of St. Lucie County, Florida. THIS IS A SECOND MORTGAGE 4s~ss2 R;:CENED = a~~7~ ltl PAnKVT OF TAXES ~qgp AU6 25 AM ~ 08 ~5 Cu: Ca C'_'"S 'C' S':T'. : F ~ l F'0'EXTYr FU.w.;::Ni TJ ii i 71- • 3, A;:T~ L'~ 1911. t..,: P;,li?AS FILED ~HC fFC~Rt1E0 C1ERK q::CU1T CG{i.^.I. ST. IU~iE CO,, ~'r. $ RO~GERCPO RASA- CtERK CiRClN1.~~, a~ctrc vc~li•i~f._ - - (hereinafter referred to as the Mortgaged Propertyl; arxf the Mortgagor does hereby fully warrant the title to the Mortgaged Property - and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that ii ~y F Painter bt Julie R. Painter his wife ,the Maker is) of that jlnsert Namelsll y certain promissory note dated the date hereof (the Note1, their heirs, legal rep•esentatives or assigns shall pay to Mortgagee the principal sum of $ 1U, 860.62 as evidenced by the Note, with interest arxf upon the terms as I)rovided therein, the final j maturity date of [he Note and of this Mortgage being ~g• 20th 19 90 ,which Note provides that al! inssallments of pnncrpal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in vyraing, aril that each maker aril endorser agree to pay alt costs of collecUOn, 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 anti that it wch default is riot made good in accordance with the terms of the Note, that the entire pnncrpal win and accrued, earrxd interest shall become due and payable - without notice at the option of the holder thweot; and shall perform aril comply with each aril evwy stipulation, agreement and cov-. enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be word, otherwise the same shalt remain ' rn full force. Maker covenants to pay the interest arxl pnncrpal promptly whrri due. Mortgagor covenants to pay the taxes and assess- I t merits on said property; to carry insurance ayamst lire on the twiWrng on card larxf for not less than S n'a - ,approved by +he Mortgagee, with starxfard mortgage loss clause payable to Mortgagee, the policy to be held by the t4k)rtgayee and to keep the huiklrng on card land in propf?r repair. ~ Taro murtgaye shaft secure not only existing rndebteciness, iiut aiso wch future advances, whether wch advances are obligatory or to be made at the option of Mortgayee, or otherwise, as are made within twenty (201 years from the date hereof, to the same extent as ~t wch future advances were made on the date of the execution of this Mortyage, but such secured indi3)tedness shall not exccerl at any ~ _ p U time the maximum pnncrpal an.ount of $ _ n/a plus interest, aril any disbursements made for the payment ~ ' of taxes, levees, or insurance, on the Mortgaged Property, with interest on wch disbursements- Any wch future advances, whether oblgatory or to be matte at the option of the Mortyagee, or otherwise, may be made either prior to or after the due date of the Note or U any other notes secured by this Mortyage. This Mortgage is given for the specific purpose of securing any and all irxlebtecfness by the ~ Maker to Mort y p f _ gggee (but in no event shaft the secured indebtedness exceed at an lime the maximum pnnci al amount set forth rn this ~ paragraph? in whatever manner this indebtedness may be evidenced or rep:esenterf, until this Mortgage is satisfied of record. All cove- ~ aJ; Hants and ayreements contained rn this Mortgage shall be al><)Lcat)le to alt twther :x)vances matte by Mortyagee to Mayer urxfer this ~ future advance clause. = O W ' ~ tJ, Should any of the ,above covenants t+e broken then the Nnte arxf as moneys secured hereby shall, without demand, ii the . Mortgagee, so erect. at once become due and payable and this matyaye may f)e foreclosed, arx/ all costs and expenses of collection and R' reasonable attorneys' fees, rnclucling costs, expenses and reasonable attorneys' tees on appeal, rf cOllectf.~cf by legal procef?cLngs or ~i - ; - v 07 ~ through an attorney at law, iliatt tM pawl by the Maker, aryl the s:.rme am hn.f~f)y wrurwi t - ~ : I - M ~ IN WITNESS WHEREOF, the Mortgagor Has executed ?his Mortgayir as of the date first at)ove set forth to ~ S:yn.~d, sealed and de~ivered .n resence~ „ - - tSEAL) t nit r) (Mortga r? e STATE OF Florida ? ~ ; i COUNTY OF St• LucieCo. ~ ' 4 1 HEREBY CERTIFY, ih ton this day, beture me. an of},cer duly authon~erl .n the State alorFKawl and m the County iiforesaid i ~ ata~ltf,,,,, to take acknowledgm~~ , ~ " red ~ bi Julie Painter _ ~r~'•' ~ y _ io me kncwn to tx the-person described .n and who executa)Itl t~~0 ' ,~Qgt and they they acknovrltdged txrlore me that executed the same. WITN~~S nqt ~ s- dMse~,vq. ~w County and State la resard thi; 91 at day of , ' ,i,~. G4~ No y Public •y.' _ l~_ My ommissron Expires. r ~ _ ` r' NOiAAY f + 4-6014-0OUJ Rev. 8/77 'r1lt~• ~l ~ ,~ss'r+, ~e~t~~ MY ~d'~C ~t;,j[ pc FiGtIDA Al _ , - 8001(JJ 1 PAGE EJ'i~ con~u, f s s 1 oN F„~, i.-- - . SONOEO 1MRtl • ~ tic ~ t Y ~ _ ~ .._LL.,_.