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DiRECT NOME IMPROVEMENT
MORTGAGE 511'752 8~" 83~ ~~~
wirN FUTURE AOVANCE ~
26th December 80
THIS MORTGAGE. maUe tn~s --- --- -- cfay of _------ ------- ------ -- --. . A O . 19 ----, , beiwee~
Marian G. McCormick
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Sun Bank of St. Lucie County, Ft. Pierce ~Mo~~y~y~~:
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(Nameoi Sun Bank!
WITNESSETN, tbat Martg3yo~, fo~ a~xf m cons~de~atwn of thr p~em~ses anel m o~de~ to srcu~e the payrnem ot the p~~nupal anA
~ntn~etl on the ~ote las hrre~naf~e~ de~~ncrll, Mo~~yayor hr~ebV 9~dnti, ass~yns teansfr~s and mortyages lo ~1o~tgager, ~~s successo~s aixl
asi~gns forever, the tollow~nq drscrd,ed real p~opwty ~n _________ St. I+uCle ____ _ County, f Io~Kfa, to w~t:
Lots 24 and 25, Block 7, SILVER I.AKE PARK ADDITION, as per plat thereof
on file in Flat Book 10, Page 8, of the Public Records of St. Lucie
County, I'lorida.
THIS IS A SECOND MORTGAGE.
1980 QEC 29 AM I1~ 19
fILEO ~-hC 4rCOrt1EP
Sj. ~Utlf CCU`1 i Y. f t A.
ROGER PU~+~~S
~ CLEFK CIRCJlT CCt: ~ ~
~ RECGRr ~: `'•j " ^
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(here~nalter referred to as the Mortgaged Propertyl: anci the Mortgagor does hereby fulty warrant the t~tle to the Alortgagcd Property
ard w~~l detend the same against the lawtul clauns of all persons whomsoever.
PROVIUEO A~WAYS, that ii A'larian G. MCCOY'It11C~C , the Makerls) oi that
_ ~Insert Namelsll
ce~ta~~ prom~ssory note dated [he date hereof (the Notel, her he~rs, 1ega1 representat~ves or au~gns shall pay io Mortga~~ee
the princ~pal sum ot S 1~ ~ ~78. 31 y~ ey,denced by the Note, wuh ~nterest and upon the terms as prov~deci there~n, the f~nal
matunty date oi !he Note and ol th~s Mortgage be~ng December 25 . 1990 , wh~ch Note prov~des ~hat
all mstaliments o( pnnc~pal aad ~nterest are payable at the oftrce of Mortgagee, or at wch other ptace as the holder may desgnate m
w.~t~ng, and that each maker and endorser agree to pay atI costs oi cotlect~on, mclud~ng a reasonable attorney's tee, upon detault ~n the
payment o( the Note, and that d defauit be made m the payment oi any mstallment thereunder and that J wch de(ault K not made
good m accordance w~th the terms ot the Note, that the ent~re prmupal sum and accrued, earn~d mte~est shail became due and payable
w~~hout notH:e at the opt~o~ of the holder thereo(; and shall pe~form and comply wAh each and every shpulatqn, agreement and cov-
ena~t of the Note ard oi thn Mortgage, the~ Ih~s Mortgage and the estate hereby created sha11 be vo~d, otherw~se the same shall rema~o
~n full torce. Maker cove~-ants to pay the interest and pr~nupal promptly when due. Mortgagor covena~ts to pay the taxes and assesz-
ments on sa~d property; to carry ~nsurance aya~nst fue on tho bu~id~ng on sa~ef land for not tess than $ n~d , app~oved
by the Mortgagee, w~th standa~d mo~tgage loss ciause payable to Mortgagee, the pol~cy to be hetd by the MMrtgagee arxl to ke
ep the
bu~ldmg o~ sad land ~n prpper repa~r.
Th~z Mortgage shail secure not only ex~st~ng ~ndebtedness, but also wch future adva~ces, whether such acfvances are oblpatory or
to be made at the opt~on of Mortgagee, or otherw~se, as are made w~th~n twenty (20) years from tne date hereot, to ihe same extent as
~~ wch future advances were made on ihe date of the execution ot th~s Mortgage, but such secured ~ndebtedness snall not exceed at any
t~me the max~mum pr~nc~pa! arrount ot S n~a plus enterest, and any d~sbursrments made for the payment
oi taxes, lev~es, or ~nsurance, on the Mortgag~.d Property, w~th ~nterest on wch d~sbursements. An~ such tuture advances, whether
oblgatory or to be made at the optwn of the Mortgagee, or otherw~se, may be made e~ther prar to or atter the due date ot the Note o-
any other notes secu~ed by th~s Mortgage. ThK Mortgage ~s gnren for the speui~c purpose ot secun~g any and all mdebtedness by the
Maker to Mortga9ee (but :n no event shall the secured ~ndebtedness exceed at any tune the max~mum pr~~c~pal amount set forth ~n this
paragraph) m whatever man~er th~c ,ndebtedness may be ev~denced or represented, untd ~A~s Mortgage ~s sat~st~ed of record. Ail cove-
nants and agreements conta~ned ~n ih~s (Jbr:gage sha~l be applKable to ail tur:he- advances made by Mortgagee to Maker under thK
~UIU(@ 3dVdI1CC C13USf.
Shouid any ot the above covenants be broken then the Note arxl all moneys secured he~eby shafl, without drma~l, ~f the
Mo~tgayee, so elect, at once become due ancf payabte and th~s matgage may he iareclosed, and all costs and ~-apenses o( collect~on and
reasonable attorneys' fees, mtiud~ng costz, expenses and reasonable attorneys' ~ees on app~l, ~f collectrd by Iega1 proceedmgs or
th~ough an at[orney at Iaw, shall be ya~d by the Make~, and the same are hereby sn_cured-
IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgagv_ as of the date f~~st above srt forth.
Sgned~ed and delrvererl
~n our re ce:
~ L~-l! ' ~~SL- ---
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/~«'~ddLr.f ~/ ~ ` -- ISEAL)
(Mor tgagor )
IMor tga~or 1
STATE OF FLORIDA
COUNTY OF ST. LUCIE
ISEALI
1 NEREBY CERTIFY, that on thit_~ay, befc~e me, an oil~cer duly au~honred ~n the State aforesa~d and ~n the County alo~esa~d :
Marian G. McCormick s
~ to take acknowtedgments, peryo~afly app~~¢d ro me known to be the person descr~bed
; m a~d who eaecuted tA~.~rejA n~,~p~~~~. She ged Gefore me that She executed the same_
~~ '~ ~CMient and acknowted
~ WITN m n, ~ ~ ~ 26th December
~~ v Ob~A~~ ~!~';~~Cbuotr a~d State ~ast resa~d th~s day of
A D., 19 "~+ i r, /Q ' /~ .
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prV1[ ~ 'p.•;', _@ ~ _ ,-, ubl~t l~
~~~ p~~~ i F : ~ • ~` ; ~ :' T ' Notar P
Wvn ..~ :: ~~ ~~ ri .• ~.~ . My mm~ss~on ENDT~RY P:;B~ ~_ r~ rE c~ ~tc~ ~~a at LnRf~ 1~ /
S.~` ~ c,~ x' '.`. . MY CON'f 1 SS 1 ON `
,{, ~;' - ~ ~'~~~ ~~ EAFI'r25 OEC IY 1'~.1
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