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DIRECT HOME IMPROVEMENT
wiTH FUTURE ADVANCE
MORTGAGE 51~ ~ 8-~ 3~~~ o~
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TNIS MORTGAGE, maUe ~n~s __ 30th __ ,,,~ o~ ______ _ Januar~ ~, A o. 19 81 -, i-etwrr~
----~. MPlvin 8----$~Qg~_~j~~and S_ nne~~@_$jt,a~~g~_~g_y~i~~__-__ IMo~~yayo~l a~xf
_ _ Sun Bank of St. Lucie County~ Ft,rPierce __ ____ ____.__ ~Mo„~i;
(Name ol Sun Bank!
WITNESSETH, tnat Mortgayor, fo~ arxf m cons~de~at~on ol thr prem~ses a~xt ~n orde~ to srcwe the paymen~ of ~he prmapal and
~nter~st on the no~e (as here~~afte~ Uehnecll, Moi~ga9or hrreby y~aMS, ass~gns uansir~s antl mortyages to Mo~tgagre, rtssuccessorsand
ass~qns (oreve~, the lotlow~nq dexr~eJ ~ea1 p~operty ~n _.__ __St. LL1C~@ _ _ C~„~~. Ftor~da, to w~t:
Lot 20, Block 292, PORT ST. LUCIE, SECTION 2,
according to the Plat thereof on file in Plat
Book 12, pages 12, 12a through 12d, of the
Public Records of St. Lucie County, Florida.
THIS IS A SECOND MOR'1`GAGE.
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1981 fE6 -4 ~+1 9~ 3~
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RecoivAd 9 ~ v' ~/,(n Pavmnnt i r
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Uue On r•;; ,S ••C•. IntFnyilil~ Per~~~qi o~~y'h~~
oursva:;1 7o G,ap:ar 7 i. t 3~, :;cts O~ ' 471.
~JGER ~O~ TRs~$ ~~
~"iP~s C~rcu~: \.O~;IJ. JI. LUC1P. CU., Fla.
(he~e~nafler reierred to as the Mortgaged Propertyl: and the Mortgagor does hereby tutly warrant the t~tie to the Mo.tgagcKi Prope~ty
and w~il defe~d the same aga~nst the lawful clarns ot all persons whomsoever.
PROVtOED ALWAYS, that ~f Melvin B. Jr. and S. Annette SkdqQS , the Makerls) o( !hat
(Insert Namels)I
~ certa~n prom~ssory note dated the cfate hereoi (the Notel, their heHS, legal representauves or au~gns shall pay ib Mortgagee
the pr~nupal sum of S 14.102 . 51 ~~~denced by the Note, w~th ~RtP.est and upon tFi.: terms as prowded there~n, the ~~nal
matur~ty date of the Note and of this Mortga~e be~ng Februarv 1 19 S9 , which Note prov~des that
all enstalimenis ot pr~nc~pal and interest a~e payable at the otFice oi Mortgagee, o~ at wch other ptace as tAe holder may des~gnate in
wr~ting, and that each mSker and er-dorser agree to pay all costs of coiiection, i~clud~ng a reasonable attorney's tee, upon default m the
payment of the Note, and that ~f default be made in the payment of any instaliment thereunder and that ~t wch default n not made
goai ~~ accordance writh the terms of the Note, that the ent~re pnnc~pat wm and accrued, ~rned mterest slwll become due and payable
withou! not~ce at the option of the holder thereol; and shall per(orm and comply wnh each a~d every st~putatwn, ag.eement a~d cov-
enant oi the Note and ol this Mortgage, then th~s Mortgage ard the estate he~eby created sha11 be w~d, otherw~se the same shatl remai~
m full force. Maker.covenants to pay the mterest and pnnupal promptly when due_ Mortgagor covenants to pay the taaes and assess-
ments on said property; to carry msurance agamst Are on the bu~ld~ng on sad land for not less than S n,_,_/a~ , approvecl
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by the Mortga9ee, w~th standa-d mortgage toss clause payat,le to Mortga9ee, the pol~cy to be held by the Mortgagee and to keep the
bu~ld~ng on said larxl ~n proper repa~c.
Th~s Mortgage shall secure not only ex~sting ~ndebtedness, but also wch tuture adva~ces, whether wch advonces are oblgatory or
to be made at the opt~on of Mortgagee, or otherw~se, as are made w~th~n twenty 120) Years from the date hereof, to the same eKtent as
~f such tuture advances were made o~ the date ot the execut~on of th~s Mortgage, but wch secured ~~debtedness shall not exceed at any
t~me the max~mum princ~pal arnount of S ~s~ plus ~nierest, and any d~sbursements made tor the payment
of taxes, lev~es, or ~nwrance, on the Mortgaged Property, w~th ~nterest o~ wch disbursements. Any wch future advances, whether
obigatory or to be made at the optron of the Mortgagee, or otherw~se, may Ge made e~ther pnor to or aftE. the due date oi the Note or
any othe. notes secured by thn Mortgage. ThK Mortgage ~s g~ve~ for the spec~t~c p~irpose oi secur~ng any and alt ~rxfebtedness by she
Maker to Mortgagee Ibut m no eyent shall the secured ~ndebtedness exceed at any trne the max~mum pr~~upal amount set ~orth ~n th~s
paragraphl m whatever manner tha ~ndebtedness may be ev~denced or represented, uMil th~s Mortgage ~s sat~sf~ed ot record_ All cove-
nants and agreements co~ta~ned ~n th~s Mortgage shall be appl~cable to ali lurther advances made by Morrgagee to Maker under ~hn
future advance clause.
Should any ot the above covenants be broken then the Note and'all mor~eys secur¢~1 hereby shall, without.demand, ~~ the
Mortgagee, so etect, at once become due arW payabie and thrs mortgage may be forectosecl, and ail costs and rzpenses of collection and
reasonable attorneys" ~ees, ~nclud~ng costs, expenses and reasonable attorneyi tees on appeat, ~f c~llected by legal proceed~ngs or
through an a[torney at law, shali be pa~d by the Maker, and the same are herehy secured.
IN WITNESS WHEREOF, the Mo~tgagor has executed th~s Mortgage as ol the date (~rst above set iorth.
Sgned, sealed and detnered
+ m our presEnce'
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STATE OF FLORIDA
COUNTY OF ST. LUCIE
1 HEREBY CERTIFY, ~ha~ on th~s day, t
to take acknowledgmen~s, personally apprared
~~ and who exeCUted the loregc.ny ~ns[rumeM ,
WITNESS my hand and oft~c~at seal ~n the
A D., 19 $jr- .
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(Mortgagor) ~ :
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(i~ ~, an•q~/~~r d,Vlyiti3horirse~f ~n the S~ate aforesa~d and ~~ the County atoresad
I~~~r _ast t.":&';~~p~ette Skd(~cj~ known ~o be the person descr~bed
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' _~tknowledged betore me that ~he~_ executed the same.
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~ ~~~e'iast ator th~s 3~ day ot J~ ua2y .
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