The URL can be used to link to this page

Home My WebLink About1543oiRECT HOME IMPROVEMENT MORTGAGE 5~14$~ ~p _83~ p~~ ~' WITH FUTURE AOVANCE THIS MORTGAGE, made th~s 18L~1 ~Y o~ December A p. ~9 80 ,~~~~ Alfred A. Th~onpson and Helen M. Thompson, his wife ~Mo~~~a~o~~ a~,a Sun Bank of St. Lucie Countx, Ft. Pierce, FLa. 1Mo~~ gageel: (Name ot Sun Bank) WITNESSETH, that Mortgago~, lor arxl ~n cons~de~at~on ol the prem~ses and ~n order to secure ~he paymen~ ot ~he pr~napal ard ~~terest on the ~ote (as here~natter def~nedl. Mortgagor hereby g~ants, ass~9ns transfers and matgages ~o Mo~tgagee, ~ts wccessors and au~gns lorever, the (ollow~ng deur~bed real p~operty ~n St. LL1C1@ COtll'lty Cp~nty, Fbrda, to w~t: ?,b~ Lot 6, Block 3,'COUNTRY CLUB ESTATES, according to the plat theieof as recorded in Plat Book 10, page 33, public records of St. Lucie County, Florida. THIS IS A SECOND MOR'PGAGE .~ ~. ... RECflYEO i /0. /d. 111 ~~riE1fi 0~ TA~t ~ DUE ON CL~St 'C qITAN6ielE ~ERSONAL MtOPERTY~ ~ PIiRSiiANT TO CMAP?E~ 71-13~. ACTt OF M]I. --" R06ER POITYt ', -; CIERK CIRCYIT C0~ i~ 1~ f~. lIA. ~+}~• ~ A ~ G z O U s ~; ~ a~ ~ +~ G U1~ ~ ~: ~ `- E, ~+-~i ~ Oj U: ~ ~ xl _ ;~ : Gi ~W ~~ z ~, ~ ~ ~' ~ a so,a-oooa R.v. sm 19~ OfC 23 ~M I~ 32 fIIEC a ' FECOR0E`0 s RO~GE~PO TRAS~ CIERK CIRCUIT CWRT ~ t.~....,.. _ ~4~. 51148''! (here~naiter relerred to as the Mortgaged Propettyl; and the Mortgagor does hereby tully warrant the trtle to ~he Mortgaged Property a~d wiil defe~d the same aga~nst the lawtul claims ol all persons whomsoever. PROVIDED ALWAYS, that if Alfred A. and Helen M. T~IOIDpSOII , the Makerts) of that (Insert Name1s11 certain promissory note dated the date hereot (the Notel, their ~NS, legal representat~ves or ass ns shall ~g pay to Mortgagee the principal sum of s 5, OFiO. 77 ~~;den~ed by the Note, with interest and upon the terms as provided therein, ihe f~nal maturity date of the Note and ot this Mortgage being ~cember 17 ~g 85 , wh,~ Note provides that all instaltments o( principal and interest are payable at the oifice of Morigagee, or at such other place as ihe holder may desig~ate in w-iting, and that ~ch maker and endorser agree to pay all costs ot collection, including a reasonable at[orney's fee, upon default i~ the payment ot the Note, and that if default be made in the payment of any installment thereunder and that it wch default K not made good in accordance with the terms ot the Note, that the entire principal wm arxf accrued, earned ~nterest shall become due and payable without notice at the option ot the holder thereoi; and shall periorm and comply ~vith each a~d every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and t1~e estate hereby created shall be wid, otherwise the same shall rema~n in tull (orce. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the taxes and assess- ments on said property; to carry insurance against tae on the building on said land for not less than S-n~d , approved by the Mortgag~.~e, with standard matgage bss ctause payable to Mongagce, the pol~cy to be held by the Mortgagee and to keep the bu~ld~ng on sa~d land in proper repair. This Mortgage shall secure ~t only ex+sting indebtedness, but also wch future advances, wF-ether wch advances are oblgatory or to be made at the option of Mongagee, or othe~w~se, as are made within twenty (20) years trom tne date hereoi, to the same extent as ~t wch tuture advances were made on the date of the executio~ ot this Mortgage, but wch secured ~ndebtedness shall not exceed at any t~me the maxlmum prmc~pat amount of s n/d plus interest, and any disbursements made lor the payment of taxes, Itvies, or ~~wrance, on the Mortgaged Property, wrth interest on wch disbursements_ Any wch futu~e advances, whether oblgatory or to be made at the optan of the Mortgagee, or otherw~se, may be made either prior to or aiter the due date of the Note or any other notes secured by thK Mortgage. This Mortgage is grven for the specif~c purpose of secunng any and all ~ndebtedness by the Maker to Mwtgagee (but in no event shatl the secured indebtedness exceed at a~y tme the maximum pr~nc~pal amouM set forth in this paragraph) in whatever ma~er thK ~ndebtedness may be evidenced or represented, until this Mortgage K sat~s(~ed of recprd. All cove- nants and a9reements contained ~n !ha Mort9age shall be applicable to all further advances made by Mortgagee to Maker urxler thK future advance clause. Should any ot the above covenants be broken then the Note and all moneys secured he~eby shall, w~thout demand, if the Mortgagee, so elect, at once become due and payable and this matgage may be forectosed, and all costs and expenses ot collect~on and reasonable attorneys' (ees, ~nclud~ng costs, expenses and reasonable attorneyi tees on appeal, ~i coltected by legal proceed~ngs or through an attorney at law, shalt be paid by the Maker, and the same are hereby setured. 15~/-Ll . ' ~" /1'lv~~~ =- ~ ~ - - ~'.~'~ ISEAIt IMortgagorl IN WITNESS WHEREOF, the Mortgagor has executed thls Mortgage as oi the date t~rst above set f Sgned, sealed and delrvered in our pre nc • ~!'~?3~6'K '~ ~ ~ (Mortgagor) ~ ~ / y~ `~ STATE OF FLORIDA COUNTY OF ST. LUCI$.~ 1 HEREBY CERTIF to take aCknowledgme,~ttf ~n and who executed t~ . . WITNESS myl A.D., 19 -~_ . FHI(Y;d~;(J/~i~py, before me, an o(f~cer duty author~zed ~n the State aforesa~d arKf ~n the Councy atoresad ;~~ ~~`~, Alfred A. & Helen M.Thomps ~tson~aUY,aO!'l'~ed ~me known to be the person descnbed ~~ ~ . „ . {regb~~/,•~ qstrtuqE~i[ ~l~.y acknowledged before me that thev executed the same. 3" !' ~ ` • ~ d q~t~t~al~i County and State loresa~d 1h~s 18th day oi D~CembeY' ~ ~,,;. ; ,, ~i~ _ • ,.. , ,~y - r ~- " ~~°~ ` ~a~d~ ~' i ?'- =~~~~L'~' ! N ry Pu~ .~,,, ;t~t.. +~°` M Commiis " PUBUG STATE Of F{.ORIOA AT IA~ -..~_4' ' ~A~SSION EXIIRES pEC 19 1983 g ~x34~ ~~Ei~~41 ~ ~ ~ ~-~ ~WR,~ f..~~.~