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DIRECT HOME IMPROVEMENT
WITH FUTURE ADVANCE
MORTGAGE spy ~~r ~3~ ~a' /
THIS MORTGAGE, made this _3rd rtay of December -_____ ___ _ A.D., 19 _80 - , ttetv+reen'
Kenneth L. Jason, a single adult ____ -A - _____ -- Ititortyagor- and _
Ct _ Tatni ^-----------------_ __-~ IMortyageel:
(Name of Sun Bank 1
WITNESSETH, that Mortyayor, for and rn cons+deration of the premises aril rn order to secure the payment o1 the pnndpal anti
+ntarest on the note las heretnaiter del,nedl, Mortyagor hereby grants, ass+gns uamfers ar~d mortgages to Mortyagee, ds successors and
assigns forever, the tollow+ng described real property to - St. Lucie _____ County, Floreda, to w+t:
The following property lying East of the Florida East Coast Railway right-
of-way: The North 1/2 of I.~t 8, Subdivision of the North 1/2 of Lot 2,
and the North 10 feet of the South half of Lot "B" Subdivision of the North
1/2 of Lot 2, Section 12, Township 36 South, Range 40 East, according to the
Plat thereof made by J. O. Fries, County Surveyor and recorded on Page 118
of Plat Book 1, Brevard County, Florida and on Page 202 of Plat Book 1, St.
Lucie County, Florida public records less and excepting right-of-way for
Indian River Drive.
This is a second mortgage.
~~
gp. 1980 OEC -9 AK ~ 57
F0.E0 AM F~ENjCY ~A-
xRp~ER o'TRAS
_ q,ERK CIRCUIT CQURT
r _ RECGRO\'[Rif;fC~_~QQ---
J~J'~7V~rr
RECLNEO sla-0~ IN PAYltEtR of TAXES
Ct•: CY Cl• eI 'C' I:1TC:~C'BlE PiRSCiiht P40PERTY,
.:~.c•..,:1ii TO H'.. T:.: 7i- i. ACiS~O~ jpl.
f:::%:it PLR:aS ~-d'7
Cl_6K gtUi.T CGIIBT, St. WCE q, RR
Ihere+natter referred to as the Mortgagetf Propertyl: and the Mortgagor does hereby fully warrant the title to the Rtortgagecf Property
anti w++i defend the same aga+nst the lawful ciarms of all persons whomsoever.
- _ PROVIDED ALWAYS, that +1 ICeilIleth L. Jason -____ _____- _, the Makerfs) of that
Insert Namels-1
certa+n prom+ssory note dated the date hereol (the Notel, his _ heirs, legal rep+esentanves or asvgns shall pay to Mortgagee
60 430.14
.1 the print+pal sum of S ~ as ev+denced by the Note, with rntercit anti upon the terms as prov+ded therein, the Leal
• December 2 90
maturity date of the Note and of this Mortgage being _ , 19 _ , wh+ch Mote provides that
' all +nstallments of pr+nc+pal and +merest are payable at the office of Mortgagtre, or at wch other place as the holder may desrynate rn
wnhng, and that each maker and erxlorser agree to pay all costs of collection, rncludtng a reasonable attorney's tee, upon default to the
- payment of the Note, and that d default be made rn the payment of any rnstaitmem thereurxler and that et such default +s not made
good m accordance with the terms of the Note, that the entire pr+ncrpal vim aril accrued, earned interest shall become due aril payable
• without nonce at the option of the holder thereof; and shall perlorm and comply w+ih each and every strpulalron, agreement aril cor
enant of the Note and of this Mortgage, then th,s Mortgage aril the estate hereby created shaft be void, ntherwrse the same shall remain
m full force. Maker covenants to pay the interest aril pnnc+pat promptly when due. Mortyayor covenants to pay the taxes aril assess-
'- "' ~ menu on sa+d property; to carry +nsurance ay3mst foe on the twrldeng on sanl tanr/ for not less than $ n/a __- ,approved
by +he Mortgagee, with stanefard mortgage loss clause payable to btortyagre, the po!,cy to be hekl by the Mortyagee and to keep the
bu+td+ng on sa+d land en proper repa++.
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This Mortyage shall secure not only rx+uutg ,noestednrs~, irut atw wch future advanus, whether such advances are obteyatory or
to be made at the ophun of Mortgayee, or otherwise, as are made wethin twenty 1201 years from the date hereof, to the same extent as
rf wch future a(fvancel were made on the date of the executeon of th+s Mortyage, but wch sPCUrer1 +ndetru~tlness shell not exctrtd at any
time the max.mum principal an-.punt of $ n/a -._.__ _-_--_ plus urterest, aril any drsttursements mar/e for the payment
of taxes, levees, or enswance, on the Mortgaged Property, with interest on wch desbursements. Any wch future advances, whetter
obligatory o; to be made at the option of the hlortyagee, or otherwise, may be made either prior to or after the due date of the Note or
any other notes secu+ed by this Mn•ryaye. Th+s Mortgaye +s yeven for the SptlCefee purpose of securing any aril all indebtedness by the
Maker to Mortgagee Ibut m no event shall the secured mdehtcvfness excwrd at any hme the rnaxrmum prmapal amount set forth rn this
paragraph- en whatever manner th+s +nctebtedness may be evedencerf or rep,esenttrd, until th+s Mortgage +s sansieed of record. Ail cove-
nants and ayreements contaen~d en this Mortyage shall be app!rcabte to alt further advances made by Mortgagee t0 Pdaker under this
future, advance Clause.
$houid any o1 th«= ,d>ovP cevNnanis be broken then the Note and all moneys strcurt~l herrtby shall, without demand, d the
Mortgayee, so elect, at once become due and payable and this mortyaye may be forectovxf, and all costs and expenses of collecteon and
reasonable attorneys tees, +nclud+nq costs, t•xpenses ar+t1 rea50naf)le attorneys' foes on appeal, of corrected by h:yal procet•tLngs or
through an attorney at taw, shall be pant by the Makt•r, arxf the same are henrby secured.
IN \NITNESS WHEREOF, the Mrr!gagor Iran e•x•~eureKl this Mnrte{aye as of the date terst atsnve ~rth
$,yned,w_alecf chef dPll•/prVr1
e ur presence
~J~cu cc«_~1-•--- ~a~ +d o
STATE OF ,
COUNTY OF St. Lucie. '
I HEREBY CERTIFY, tj~!
°O take aCknOti,•+letlymen `yj~'~1_
:n and »ho executed tft8 ry~p
WITNESS my 'O~
A D , t9 .~_ . ,~",y~0~
r(. ,
E c 6014.000-7 Rev. 8/77
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----- .--- -- . __-- ISEALI
-- - IMor nla
----- - --- -- - ISEALI
i MOr tyayUr 1
~6Q.Me6.~1i~t>efore m!, an officer du~y aothgn~crl m the Sr~tc affirrKanl and in the County aforesa+d
~:
~prtallydp~~~~}.-_,~1C~nneth L._Jason __- ;O me known~t0 be the pwsondrSt:rrbed
• • 's•- Ne he
t. c}rrttt*J brW~~= - ~ atknowlc<lyetl ivfore me chat __-- ___-.executed the same.
f seall~r~,~h~ Qty and Srata atoresa.d th+s ___3rd - day of _ D@Cember _
`' ~ < - '
/~- ''~fr'.~/ N acv Publ+c ------ -- ----
`~'S'~ ~>,V r Comm~sseon~ ~~ Pt1~UC STATE Of FLORIDA AT l/1R~
~'~'~'~',":"~", ~~ ~iSS10N EJtPIRES pK 19 1983
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