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UIHECT HOME IMPROVEMENT MORTGAG~ C,~
WITH FUTURE ADVANCE W1o~~
THIS MORTGAGE, made this 22nd day of ~~ePtembelc ~ _ A.O., 19 8n- .between
~~L^_Lif3IIt3YA_Y1iLL'S., his ~fe IMortgagorl and
Sun Bank of St. Lucie County. Ft. Pierce IMontgageel:
(Name of Sun Bank)
WITNESSETH, that Mortgagor, for and m consdenatan of the prtmises and in order to secwe the payment of the principal and
interest on the note las hereinafter defined), Mongagor hereby grants, assigns transfers and mortgages to Mortgagee, its successors and
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assigns forever, the following described real property in 5~~ i+~tS-ie County, Fbrda, to wit: ~
From the Southwest corner of the E?1 of NE1S of Sltlhl oi' SE1a of
Section 19, Township 35 South, Range 40 East, run North 182 feet
-for a point of beginning, thence run East 220 feet to West line
of County road right-of-way, thence North on road 182 feet,
thence West 220 feet, thence South 182~feet to point of beginning.
THIS IS A SECOND MORTGAGE '1~ i~tivt~~~i~ 'ii - i -
'~I ~ 0 7 8 0
PO SEP26'AO ~ i
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1960 SFP 26 A~ 16
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R4CElrEO s 0.36 111 PAtrllEtlr Oi TAXE! FII,EO RhC FECOri(1ED
CUE ON CLASS 'C INTI?NO'BLE PfRSONAI PROPERTYr Si.LUCIE COUN1Y.flA.
PU%SUANT TO C11A?TLS Tl• a. ACTS OF 1111.
~ ~ CLERK C RCUIT
OA~SSO
RJ6.R P:.IT..AS RELG~DYERiilff? . _ _~/'F`-»--,-
q,ERK g2CWT COURT. ST. lUiaE CO. F1A.~ I
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(hereinafter referred to as the Mortgaged Property); and the Mortgagor does hereby fully warrant the title to the Mortgaged Property
and wit) defend the same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, that if ~17.ft~Y.-and eneva Ya ea ,the Makerlsl of that
[Insert Namelsl)
certain promissory rate dated the date hereof Ithe Notel, their hens, legal represemat,ves or assigns shall pay, to Mortgagee
the principal win of $ 5,177.66 ~ evidenced by the Note, with interest and upon the terms as provdtd therein, the heal
maturity date of the Note and of this Mortgage being _SEn}pm1,P'' 7~ , 19 ,which Note provdes that
all installments of principal 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 cons of collection, including a reasonable attorney's tee, upon default in the
' payment of the Note, and that if default be made in the payment of any installment thereunder and that it such default K 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-
enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shalt be vod, otherwise the same shall remain
in full force. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess-
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marts on sad property; to carry inwrance against fire on the building on sad land for not less than S ay a ,approved
by the Mortgagee, with standard mortgage bss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the
building on said land in proper repair.
This Mortgage shall secure not only ex~riing indebtedness, but also wch future advances, whether wch advances are oblgatory or
to be made at the option of Mortgagee, or otherwise, as are made within twenty 1201 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 wch secured indebtedness shall not exceed at any
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~ 0 ~ t,me the maximum principal amount of S n a plus interest, and any disbursements made for the payment
U~ of taxes, levees, or inwrance, on the Mortgaged Property, with interest on wch disbursements. Any such future advances, whether
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
•.~I any other notes secured by this Mortgage- This Mortgage is given (or the specific pu?pose of securing any and all indebtedness by the
_ UI Maker to Mortgagee (but in nfo event shall the severed indebtedness exceed at any time the maximum pnnapal amount set forth n this
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a~ paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage is satisfied of record. All cove- -
Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this
~ .N; future advance clause.
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z ~ w! Should any of the above covenants be broken then the Note and all moneys secured hereby shall, without demand, it the
~ C~ Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and
T x~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys tees on appeal, if collected by legal proceeafings or
- :=.r through an attorney at law, shall be pad by the Maker, and the same are hereby secured.
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~ IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first above set forth.
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r `~i ,sealed and delivered ~
m our rice:
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_~S~SEAL)
(Mort r) 1' n Y. ates
ISEAL? ,
(Mortgagor eneva Yates I
STATE OF FLORIDA 1
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COUNTY OF ST. LUCIE 1
1 HEREBY CERTIFY, that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid
to take acknowledgments, persons) ed, Clifton Y. & Geneva Yates to me known to be the person described
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in and who executed the fOr ihd tbP.~ acknowledged before me that they executed the same. 1
WITNESS my hard endAffieirt;aaf ir?~tl~COunty and State last aforesa this 22*?d day of ~.E ,
A:D., 19 . . ~ 4 _
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• . ` j- • Notary P
• ~ ~ ~ My Comm ion Expires~t~Y I(/tt[IC STA1E Of RORIDA AT (ARG7)
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••\~^_p;~?I t MT Ct~dl411SS10N E1IY1~ pfC 19 19~tj -
_ty _ •r, ~ 10Niieli ~ VCi :cn.ti' ec~ v.nr
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