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DiRECT HOME IMPROVEMENT MORTGAGE
wITN FUTURE ADVANCE ~ ~
THIS MORTGAGE, matle ~h~s th ~~ay o~ _____ Februar~-_ ___ _ A o.. »81____ .~~~..rr„
_~/~ _ William E. Taylor and Glenda G. Taylor, his_wife
Ba~ ~nno~~y.,~,- ~~,h
Sun Bank of St. Lucie Count , Ft. Pierce
-- - -- -- ----- X--- --- ---- - - - -- - IMo~ty~9rr1:
(Nameoi Sun Bank!
Y1ITNESSETH, that Mort9aqor, fo~ antl m cOns~driat~on O) tne p~rm~ies .~nd ~n o~Ue+ to u,wir th.• pav~~~r~tt o1 the p~mcµ~al aixl
~nterest u~ the note (as herpmaiter dei~nedi, hlo~ty~yoi he~e~y y~ants, ass~yns t~ans'ris and mo~tya3c•~ :o Aio~iy~ger, ~ISSUCCeSSO~Sa~K)
ass~gnc (orevei, the fo~low~ny drscr~ed ree; p~opwty ~r~ ______ St._ Li1C1E' _ ___ ___ _ Coumy, Ftur.<1.i, to wrt.
~ g.lo
Lot 27, Block 1, AMY ANNA PARK, according to the Plat thereof
as recorded in Plat IIook 4, Page 7?. of the Puhlic RPCOrc3s of
St, Lucie County, Florida.
THIS IS A SECOND MOR'PGAGE.
~:c~e o. ~ t~ ~~n~rr o~ T~a 1981 FF?
D(t: Q'~ aR~T 'C lNTi:iG:BLE PfF'.;v':s11 P~iO?ERTY, 24 ~;~'~ .(~ (~ 7
: tii.SU;,fIT TO ' H'flT =+ 71- ~, A~TS Gi 1l71~
~c~ P:ti ~t; ~ - F;ilC th~ :.. ~~~,. ,~ ,.
Cl. s~K G.:.UiT CC~.:i, ST. LU:IE CO., F1.A~~• S p~., ~~"F =~ ~~' r: f;;.
cRP.f~f?; S
_ - ` _ C~~r•f, ~'i ~"j ~~
Si'78'71
~ inrre+nafte~ referred to as the Mortgagtxl Property-, arxl the Mortyago~ doez hrreby ful~y wanant tiie t~tle to the Morty.iyecf Prcperty
~rK1 wni Jrfe~Ki Il~r w~nr dya!mt :i~e iawlu~ Cio~mo U~ aii pr.wi~s wiiumweve~ .
PROVIDE~ l~LWAYS, that ~r William E, and Glenda G, Tc1}r10Z' , ttie Make+ls) of that
{Inse~t N~melsl!
ce•tain prom~ssory note datecl the clate hereo( ~the Nr~te) their he~rs, ~ega~ reprNs•rntat+vrs o~ ass~~ns zhal~ Vay to Moriyayrt•
the pnnupal sum Of $ S, 309. 34 as ev~dencetl by the Note, w~th mterest ancl upon the teims as prov~dec7 therrin, the tinal
matur~fy date oi the Note and of th~s Mortgag? be~ng February 2 ~g ~6 , wh~ch Aiote p~owdes ~hat
a~t msiallments oi prmapal a~d imerest are payable at the ofhce ut Mortgagee, o. at wch othei place as the holder rr,ay des~yri,~te m
mrtmg, and that each make: and endorser agree to pay alt costs of collectwn, ~nctud~ng a reasonable ottorney's fre, upon deiaut; m th2
paymcnt of the Note, and that ii detault be made ~n the nayment of any ~nstallment therrunder and ttiat ~1 :uch cfefault is not made
good m accordaoce wrth the terms of the Note, that the rnhre pnnapal wm antf accrued, Narne~d mterest shall brcvme due and ~ayablv
w~thout nohce at the opt~On o} the hotder thereof; and shall p~form arxi comply w~th each and eveiy st~pulat~on, ag,ee~nent aixf cov
er:ant of t~e Note arxf o~ tna Mortgage, then th~s Mortyage ancl the estate hereby c~eated shall be vo~d, oiherw~se the same shvN ~ema~n
~ ~n luil force Maker covenants to pay the ~nterest a~rc/ pnnapa: Promptiy when due. Mortgayor cove~ants to pay ihe taxes erxl assess
mcnts on sa~d property: to ca+ry msuiance ayamst fue on the tw~iding on said lancl f~r not ~ess than $__ n~a _____ , appruved
by the Murtgagee, w~th sta~Yfard mortyagr ioss ciause pa~abiP ro Mortgagee, the pol~c•,• to be hekf by ?hv Mor,gagee and to keep the
bwtdmg on sa,d land ~n prop?~ ~epa~r
Th~s Mortgage shail secu~e not only ex~st~ng indehiedness, but aito wch future aclvanCeS, tivheth~K suth ~fvances are oi>!~yato~y or
~ to be macfe at the opt~on of Mortgagee, or othc~w~se, as a~e made w~th~n twenty (20! years 1~om the date he~eo~, to the same extent az
,.~ ~' wcn lutwe advances were mad~ on the datv of the execut,on of th~s Mortgaye, but such securE~c1 ~ndebtt~ciness shal! not exceed at any
- 7~ T~me the max~mum pnnc~pa~ o,r~ount of S n~a p!us ~nte.est, ancl any d~sbursements macle Eo~ thr, pay~nent
~~ of taxes, Irv~es, o+ ensurance, on the Morigaged ProperiV. wrth mteres: on wch disburzemeniz. An} such futu~e aclvarxes, wt~rtlwr
' obl:gatory or to be made ai the optien nf the Mortgagee, or otheiwise, may tte made e~the~ pnur to or attr•r the due date of the Nore or
.;~; a*,y othe~ notez secu~etl by th~s Mo-tgage Th~s Mortgage ~s g~ven tor tne spec~hc purpose ot securmq ~ny ;,rxf au ~ndebtedness by th~
- ^~ h1aKe~ to Moregagee Ibut m no event shat: the sewred indebtetiness exceed at any t~me the max~mum pnnuUal amc~nt set forth ~n th~s
_ ,~, paragraphl m whateve~ manner this ~neiebte~lnecs may bP ev:denced or re~,resenteA, unn! ih~s Mortyary~ ~s satis~~ec1 of rt~cord A'1 cuve-
~ nantz and ag!eements conta~ned ~n th~s fvtortgaqe shall be appi~cable to all (urther advances my]e by Mortyaqw~ to Makrr under thn
future dAv~nte clauiC '
~ - Ji
~ ~~,r, Should anv of the abovF Covrnants be b~oken then t~n NoTr, dnd ~!! moneys zrcure~) h~reby ihalt, w~thouT drmdnrl, ~I thN
: '~ h9ortqagev, ~ etect, at once b~come tlue arxf payab~e antl thK mortyage may tx to~eUoscY1, and al~ costs ant! exp.rnN'S Of COIIeCt~On 3ru1
~,:~: ~easonab~e attorneys' f~s, ~nclud~ng Costs, expenses arxl ~easonouie attorneys' (ees on appea~, ~f co~ieCtec! i~y iega~ proce~ecl~nqs o~
--~ throuq~ an attornpy at I;.~,y, sha~l be pa~ci by _the Mak~r, and ihe same are ~ereby securecl
. ~
- IN WITNESS WHEREO~. :ha h4n~tgago+ has ex.~c~t«d rh~c Morcgaqr i> of tn~ date firsr ;,txiv~r se! fe•rh
7
~ -• U~' S;gnr~.f. sv_a~eci and de.~vPrrcf
~n ou~ p~esence
_ "7~`%~i~ . . - - -- - ~ ~ - - ~sEau
(h~orc or,
--- ~ -- ------- -- `+ --._ ISEALI
lhlnrtya~~or I
STATE Or FLORIDA i '
1
CouNTV oF ST, LIICIE ~
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I HEREBY CERTIFY, that o~daY,rbl~Ote rt)e, an othcer duiy author~recf m the Ssate afcresarcf a~~d ~n the County aforesa~d
.N7t
To taKe ackncwiedgments, per d/ed ~~ E, and Glenda G. TdY~L~ known co be ihe pe~son descr~becf
4 ~~~ ~~_yyyttt ' '
~~ and who e,eecuted the for t.r~uq~~: nd ~' '~_ acknowledged before me that they execuced the same.
r3 ti y
WIT1~lESS my hand an~ ~1 I cnjth~ County a~d State iast aforesa~d th~s th ~ ~ o} Februar _
A D . igt31 ~~.,~ 'i ~ • /
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f :'/~~ , Notary Pub 5~1~1E OF fi~ORIDA AT
_ ~ ,r`• . ~
'=/ '~'~'~y, ?, s' Mv Comm~ss~YES~A111SS1ON EJ~IRg /~p~. 23 1982
t,,.. ~01'~ED 1{~ (,'~,~~ p,K. ~~'OERWRIi~
a 6014-0047Rev.8/77 I~ ~j F.K~~~~P...,
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