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Home My WebLink About1941 DIRECT HOME IMPROVEMENT WITH FUTURE AOVANCE .- , ~ ~ > ~ v a ~ ~ =-' I V Q ~ U ~ ~ ~ a ~ z a~- ~ r ••`~ ; Z ~ ' w z y; ~ ~~;x Z~'~ C1 -Cli s ' G _ ' ~ ~ i ~ MORTGAGE g~ - ~3~ ~s~. S11'753 ~ 24th December 80 THIS MOfiTGAGE. macle th~s day ol - ---_~--- -.__ . A n. 19 __--_ , bc~wern Ruth Tucker a/k/a Ruth T. Roberson ___ ___ ___ ____ _ _ _ __ _ ___ ~Mo, ~y~~„ ~ ,,,~ _ Sun Bank of St. Lucie County, Ft. Pierce, FL_^_______________________ ~Mo~~~re-: (Nameol Sun Bank) WITNESSETH, ~hat Mo~tgagor, foi arxt ~n cons~de~ation ol the prem~ses and ~n o~de~ ~o secu{e the payment ol the p~~nc~pal a~cf ~Merest on the note (as here~natte~ de(~ned1, Mo~tyayor hr~eby g~a~ts, ass~gns tianslrrs and matgayes Io A1o~ tgage~, ~ts successo~s arxl ass~gns ioreve~, the lollow~ng descr~ed ~ra1 p~operty m~ St. LL1Clf: ___________ __ _ County, Fbrda, to w~t: Lot 21 of RIVER GATE ESTATES SUBDNISION, as per plat thereof on file in Plat Book 10, at page 66, of the public records of St. Lucie County, Florida. This is a second mortgage. y ~ 1980 DEC 29 AM 1 ~~ ~ 9 FILfC ~H~ F=COR[~EO SLLUCIC COUtlTY.~I A• / ROGER POITRAS ~5 CLERK CI4tCL11 COU ,•t ~~- - a~~car. . . . _ - - __ --- 511'753 . Ih•sv in Peymant Ot Taxsa ~•s ~ c~ ~ntan0lbNpKaonal.Pbp~y _ . .; 'c Cha~ter 7t~ t~'~-AOfiOf 1871~,.. ROG91 l~01~~ ~• .,,, k c~-cu~t cou~, sR Lt1011~ L10b ~ (here~nafter referred to as the Mwtga~ed Propertyl; and the Mortgagor dors hereby fully warrant ~he utle to ~he Mor~gagF.~c1 Property and w~i! delend the same aga~nst the law(ul ciauns of all persons whomsoever. PROVIDED ALWAYS, that ~i Ruth T. Roberson the Makerlsl oi that (Insert Namelsll certa~n prom~uory note dated the date hereot (the Note) her h~KS, legal repre:emat~ves or ass~gns shau pay to Mortgagee the prmc~pal sum of S 8• 259 • 97 as ev~denced by the Note, wuh mterest and upon the terms as prov~ded there~n, the fi~al matunty date of the Note and of this Mortgage be~ng December 23 .~g90 , M,h~ch Note prov~des that all installments of pr~napal and ~nterest are payable at ihe of(Ke of Mo~tgagee, or at wch other place as the holder may des~gnate ~n w+~ti~g, and that each maker and endorser agree to pay all costs ot collection, includ~ng a reasonable attorney's f~, upo~ default ~n the payment oi the Note, and that if default be made ~n the payment oi any ~nstaiiment thereurxfer and that ~f wch de(auli K not made good i~ accordance with the terms of the Note, that the ent~re pr~nc~pal wm and acc~ued, ea~ned mterest sha~l become due and payable w~thout not~ce at the opt~on ot ~he holde~ thereni; and shall perlorm and comply w~th each and every st~pulat~on, agreement ard cov- enant of the Note ard ot this Mortgage, then this Mortgage ard the estate hereby created shall be vo~d, otherwise the same shatl remain ~n full force. Maker covrnants to pay the ~nterest and pnnc~pal promptly when due. Mortgagor coven3nts to pay the taxes and assess- ments on sa~d property; to carry insurance aga~nst fue on the bu~ld~ng on said land (or not less than $ i1ld , approved by the Mortgagee, w~th standard mortgage loss clause payabte to Mortgagee, the pol~cy to be hekf by the Mortgagee and to keep the build~ng on sa~d land ~n prpper repa~r. Th~s Mortg~e sha11 secure not oniy ex~st~ng ~ndebted~ess, but aiso such future advances, whether wch advances are oblgatory or to be made at the opt~on oi Mortgagee, or othe~w~se, as are made w~th~n twenty 120) years (rom the date hereot, to the same extent as ~f wch future advances were made on the date of the execut~on oi th~s Mortgage, but such secured ~ndebtedness shall r-ot exceed at any t~me the maximum pr~nc~pal arr,ount of 5 fl,~d plus mterest, and any disburseme~ts made for the payment of taxes, lev~es, or ~nsurance, on the Mortgagf.d Property, w~th mterest on wch d~sbursements. Any wch future advances, whether ob~gatory or to be made at the option of tAe Mortgagee, or oiherwise, may be made e~ther pr~or to or after the due date of the Note or any other notes secured by thn Mortgage. This Mortgage is grve~ for the spec~l~ purpose of secur~ng a~y and a-I ~ndebtedoess by ~he Maker to Mortga9re lbut in no event shalt the secured mdebtedness exceed at any tane the max~mum prmc~pal amount set lorth n- th~s paragraph) m whatever manner this ~ndebtedness may be evrdenced or represented, unt~l th~s Mortgage ~s sausf~ed ot record. A11 cove- nants and agreements conta~ned ~n th~s Mortgage shall be appl~cable to all further advances made by Mortgagee to Maker under thK tuture advance clause. Shou~d any ot the above covrnants be broken then the Note and atl moneys secured hereby shall. without dema~d, ~f the Mortgagee, so elect, at once become due and payable and 1h~s matgage may be foreclosed, and all costs a~d expenses of collect~on arxl reaso~able attorneys" fees, mclud~ng costs, expenses and reasonable attorneys' ~ees on appeal, ~( collected by legat prpceed~nqs or through an attorney at law, srialt be paid by the Maker, ani3 ~he same are hereby secured. IN WITNESS WHEREOF, the Mortgagor has executed th~s Mortgage as ot the date f~rst above set forth. Sgned, se and delrvered ~/ m our nce' ~~ ~~? / /~~~,t~~ ~ ~' ' _'~~ ~ ISEAL) ~ ~r'=~L~' ~ - NM~origagor) J ISEAL- ~ Ih7ortgago~i STATE OF FLORIDA 1 1 COUNTY OF ST. LUCIE ~ . ~ 1 HEREBY CERTIFV ~t1~~~~~~~~~~~~'d ,`,~p,~~ ~~L~`+ dY. before me, a~ off~~er duly authonred m the Srate aloresad and m the County aforesa~d to take acknowledgmeqts, p~}Onslly.~P~ea Ruth T. Itoberson to me known to be the person deur~bed ~ ~ ~ s ., , ~n and who executedtMAf~ J~v ~urAeif~fairS~ , she acknowledged before me that She executed the same. iNITNESS my M~`.~+,~ptt~it~a~q ifi~~ainty and State t oresa~d th~s ~~? da o( A D., 19 80 ._~-;.' s~r't~r- '/~'.+J r ~/ . . s~'' • 's•-` ^ !i(it ~ ~ ~ U~ , .~,: ;i a~ ~ r , - ~:. t.i~ ~ .~ -i~%/;~) ... ~~.f t ~•: ~3 ~ * ° No y Pubhc ~ ~ ~`!i jr^~ ~ ; , ~ ~ `~ My omm~ssan Exp~res ( - "!r; ~ '~ ' ,.~ NpTARY PUBLC .tATE Of fLO~IDA AT tl1R~ ,~~ ~~ 8~x345 P~i94fl MY COMMISSION i7(PIRFS D6C 19 19~~ ~..~ ION~G 1MRU GENER/~L INS UN~EkWRI~~~ a-6o,a-oooa Rer. sm f