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OIRECT HOAIE IMPROVEMENT ~A~''~~~
MORTGAGE
wiTH FUTURE A~V ANCE ~ ~~
THIS MORTGAGE, made ~n~: _ 4th ~y o~ March _____ , A.p., ~9 81 __ , l~tvvee~
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Robert J. Gartman and Erna H. Gartman, his wife
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Sun Bank of St. Lucie County, Ft. Pierce _ ih~o„4;,g~~.
(Nameol Sun Bank)
WITNESSETH, that Mo~!gagor, ior a~xf m cons~derat~on ol the prem~ses and ~n o~der to secure ~he paymem ol tne pn~uµ~i and
~nterest on the note (as here~naiter delinedl, Monyayor ne~el~y 9~ants, ass~gns t~ansfers and mortgages ~o Moit3agee, rtssuci.esso~sancl
ass~gns to~ever, the follo-~~ng descr~bed rea~ propc~ty ~n $t. Lucie __ ~o,,,,,v. F~~,K~,. ~o w~~:
Beginning at the Northeast corner of Lot 24, Block 2, M. E. ~
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-~ GOLDSMITH SUBDZVISION, a~subdivision in the City of Fort Pierce, a0•
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, Florida, according to a plat thereof on file in Plat Book 2,
;+,< < Page 6, of the public records of St. Lucie County, Florida,
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~ and run thence 55 f eet to the Southeast corner thereof ,
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thence West along the South line of said Lot 24, 70 feet,
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~ thence Northeasterly 55.05 feet to the North Iine of said
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;: ~,,,--~~ Lot 24, thence East 66 feet to the point of beginning.
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THIS IS A SECOND MORTGAGE.
~~•'~ 1981 NAR 13 l~i ~ 48
~'~': ~7.~p 0 IN PAIf!Z~YT OF TAxES
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CG'" C'i Cl': ;'~ ~' p~.f P.~SJ~:•L P24: EitTYr FtLEO tA[! F! CGN;:F;
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F~,s:r..ri 1u .~.:.r•f~. n-:.,4, a:is OF 1f
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T Ra4u1 PWTR~S CtERK CIRCUIT CC~JRi,
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(here~nafter referred to as the Mwtgaged Propertyi, and the Mortgagor does hereby fu~ly war~ant the t~tle to the Mortgaged Property
arxf w~N defend the same aga~nst the lawful c~a~ms ot all persons whomsoever.
PROVIDED AIWAYS, that ~f ~bert J, and Erna H. Gartman, }11S Wlf6 , the Makerls! of that
~Insert Namefsl]
certa~n prom~ssory note dated the date hereof (the Note1, their ~1f5, ~~~ rep~esematrves or ass~qns shall pay to Mortgagee
the prinapal sum oi $ 13 ~ 8~1. 45 as ev,denced by the Note, w~th ~~terest and upon the terms as prov~ded there~n, the finai
maturny date of the Note and of th~s Mortgaga be~ng tiarch 3 ,~9 93 , wh~ch Note prov~des that
all ~nstallments of pr~nc~pal and mterest a~e payabte at the off~ce ot Mort9agee, or at wch other place as the holder may des~gnate ~n
wr~t~ng, arxl that eacA maker and endorser agree to pay all costs of collect~on, ~nctud~ng a reasonable attorney's fee, upo~ defauli ~n the
payment of the Note, and that i( default be made in the payment of any instailment thereunder and that ~i wch detau~t ~s not made
gooei ~n attordance with the terms of the Note, that thP en[~re prmc~pal wm and accrued, earned ~~terest sha11 become due and payable
w~thout ~otice at the opt~on oi the holder thereoi; and shal! perform and compty w~th each and every st~pulatan, ag~eement ancf cov
enant ol the Note and of this Mortgage, then this Mo~iga9e and the estate hereby created shall be vo~d, otherw~se the same shall rema~n
~n full iorce. Maker covenants to pay the ~nterest and pr~nc~pal promptiy when due. Mo~tgagor covenants to pay the taxes ard assess
ments on sa~d property: to carry ~nsurance against f~re on the bu~iding on sa~d land tor not less than S. n~a , approved
by the Mortgagee, w~th standard matgage loss clause payable to Mortgagee, the poi~cy to be hekl by the Mortgagee and to keep the
build~ng on sad land ~n proper repair.
Th~s llAortgage sha~~ secure not o~ly ex~st~ng ~ndebtedness, but also wch tutu~e advancez, wheiher wch aclvances are obl~gatory or
to be made at the opt~on ot Mortga9ee, or otherw~se, as are made w~th~n twenty (20) Years irom the da~e hereof. to the same ez~ent as
~t wch future adva~ces we~e made on the date oi the execut~on ot th~s Mortgage, but such zecured ~ndebtedness shall not exceed at any
i hme the max~mum pnnc~pa~ arr~ount of S- n~a p~us ~nterezt, and any d~sbursements made for the Qayment
_ ~~ o~ taxes, tev~es, or ~nsurance, on the Mortgaged Property, w~ih mterest on wch d~sbursements. Any wch future advances, whether
;,i' oblgatory or to be made at the opt~on of the Mortgagee, or otherwise, may be made e~fher pnor to or atter the due date ot the Note or
_ J any other notes secu~ed by th~s Mortgage. Thes Mortgaqe ~s g~ven for the spec~f~c purµuse of secur~ng any ancl all ~ndebtedness by the _
- .~~ Maker to Mortgagee (but in no event shall the secured indebtedness exceed at any hme the max~mum pnnupaf amount set forth ~n th~s
- J paragraph) ~n whatever manner th~s ~rxlebtedness may be evKienced or represented, unul th~s Mortgage ~s sahsf~ed of record. All cove-
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`-7; ~ants and agreements conta~ned ~n th~s Mortgage iha~l be appLcable to all further advances made by Mortgagee ro Maker unde~ th~s
y ~'; future advance clause. .
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. = w; Should any o( the above covenantz be broken then the Note and all moneys secured hereby shall, w~thout demar.d, ~f the
-. O; Mortgagee, so elect, at once become due anci payabte and th~s mortgage may be fo~eclosed, and alI costs a~~d exper~ses of coflec~~ort and
~~ x~ reaionable attorneys' fees. ~nclud~ng costz, expenses and reasonable attomeys' ~ees on apaea~. ~f collec~ed by iegat proceecf~ngs or
_ ~~ through an attoiney at ~aw, shall be pani by the Maker, arxl the s3me are hereby secu~ed.
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= IN WITNESS WHEREOF, the Mortgagor has executecl th~s Mortgage as o! the date (~n: aic~ove set forth.
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- U~' S~g~ed. seal arM del~vered - ! --
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IMortgagor) •
STATE OF FIARIDA
COUNTY OF ST. LiJCIE
1 NEREBr CERTIFY, that on ttuf4ss, belore me, an oi(~cer duiy author~recf m the State aforesa~d and ~n the County alo~esa~d
~~`"'S~~""'~ ' Robert J. & Erna H. Gartm
to take acknowledgments. R~ 9pOpa(bd ~ro me known to be the pers,on descr~bed
~n and who ex2tut¢d th~, in51r1NR0~and, theY _ acknowledged before me that they exetutvd Ihe same.
'.._ ~ ~ ~ • ~ ' 4th March
WITNESS my ha~ ' f~~al~t.~h~he Covntv and Sc3~e ~ast atore d ~h:s day of .
A.O., 19 ~.- . = -',~ i ' -
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•~s~t.:i1i'• ~OQIIAMISSIOPIEAI~AAAr.I~ 19e? e...,,..~o.~.,
a 6014-0047 Rev. 8J77 ~'~ ~11 C#l~E~l1l I-a. (~,~~yy~ITERf