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oiRECT HOME IMPROVEMENT
WITH FUTURE AOVANCE
THIS IS A SECOND t40R'1`GAiGE.
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THIS MORTGAGE, ma[fe th~s , 12t~1 da~ ot _ MarCh `_____ , A U., 19 4.~.__ , between
James R. Gould and Joy J. Gould, his wife ___ ~ti~o~~yago~l a~a
_ Sun Bank of _St. Lucie Countv, Ft. Pierce __ iMo,,~ee~:
INameot Sun Bank)
WITNESSETH, that Mo~tgagor, for a~+d ~n cons~drrahon o) the prem~ses and ~n order to secure tne paymen~ ol ~he pnnupal aod
~nte~est on ihe rwte (as here~na}te- de~~nedl, Mortyagor nereby grants, ass~gns uansle~; and matgages to Alortgagee, qs successors arxl
ass~gns toreve~, the follow~ng deui~ed real property ~~ -_~,~~~NC1@ -----------__ Ccwnty. Fbrda. ~o w~t:
. ~o.3S
Lots 9 and 10, Block 29, PARADISE PARK,-as per plat thereof
recorded in Plat Book 8, Page 17 of the Public Records of
St. Lucie County, Florida.
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RECfJ~EO f ~3~• ~ M~ MriENT OF TAAI~
fJy
ouE on aass ~r MT~xcreLf ~saxu -eov~m.
PU:tSUkNT T~J iIAP?fi 71•13{r ACTt Of_M)1.
RaGER POITRAS ~1
CLLAK p:iWT CODRT. ST. WC~ p. M.~ ~
S2~U6~7 ~~-~3a 9 ~ ~ ~.
1981 NAR 17 1W ~ 4T
Fi~E~ ~nr ~~ ccFni o
st.~ cir couNtY fs a.
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CLERK CIRCUIi CfUR /J
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(here~nafte~ reterred to as the Mortgaged Propertyl: and the Mortgagor does hereAy fu~ly wanant the trtle to the MortgagEd Property
and w~!1 deterxl the same aya~nst the Iawiui cfa~ms o( a11 persons whomsoevrr_
PROVIDED ALWAYS, that ~f James R. and Jov J. (;OUltl __, the Makerls) of that
Ilnsert Namelsll
ce+tai~ prom~tsory npte dated the da!e hereo( (the Notel, their -~,rs, kgal representat~ves or ass~gns shall pay to Murtgagee
the pnnupat wm of S 6~ 823. 64 as ev,denced by the Note, w~th ~~terest and upon the terms as prov~ded there+n, the t~nal
matunty date of the Note and oi th~s INortgage be~ng March 11 , 1984 , wh~ch Mote prov~des that
a11 ~nstaliments of prmupal and ~~terest are payable at the o(f~ce of Mortgagee, or at wch other place as the holder may des~gnate ~n
wrrt~ng, and that each maker and endorser agree to pay a11 costs ot coltecuon, ~nclud~ng a reasonable attorney's i~, upo~ default m the
payment oi the Note, arrl tha~ ~f detault be made ~n ~he payment of any ~nstaliment ther.wMer and Thar ~f wch defaul[ ss not mad~
good ~~ accordance w~th the terms of the Note, that the ent~re pr~nc~pai wm and accrued, earn~d ~nterest shall become due and pay:.ble
w~thuut not~ce at the opt~on of the holder thereo(; and shati per(orm and comply w~th each and eve~y st~putat~on, agreemcmt and cov-
e~ant of the Note and ot th~s Mortgage, then th~s Mortyage and the estate he+eby created shall be vo~d, otherw~se the same shall rema~n
m tull lorce. Maker covena~ts to pay the ~nterest and pnnc~pal promptly whe~ due. Mo:tgagor cove~ants to pay the taxes and assess-
ments on sa~d prope~ty; to carry ~nsurance aga~nst fue on the bu~ld~ng on sa~d land tor nof less than S-~~a , approwd
by the Mortgagee, w~th standard matgage loss clause payable to Mortgagee, the pc~I~cy to be hekf by the Mortgagee and to kerp the
bu~Id~ng on saKl land ~n prope~ repa~r.
Th~s Mortgage shall secure not only ex~st~~g ~ndebtedness, but also wch tuture advances, whether wch advances are oblgatory or
to be made at the opt~on of Mortgagee, or othe~w~se, as are made w~th~n twenty (20) years trom the da~e he~eoi, to the same extent as
~f wch tuture advances were made on the date of the execut~on of th~s Mo~tgage, but such secured ~ndebtednes: shall not exceed at any
t~me the max~murq punupal arrount oi $ n~a plus ~~terest, and any d~sburseme~ts made for the payment
oF taxez, levies, or ~nsurance, on the Mortgaged P~operiy, w~th ~nterest on wch d~sbursemerrts. Any wch ~uture advances, whether
obigatory or to be made at the opt~on ai the Mortgagee, oi otherw~se, may be made e~ther pr~o. to or after the due date ot the Note or
any other notes sewr¢d by th~s Mortga9e. Thn Mortgage K g~ven for the spea(~c purpose of secur~ng any and all ~ndebtedness by the
Make~ to Mortgagee (but ~n no e~;ent shall the secured mdebtetlness exteed at any t~me Ihe max~mum pr~nc~pal amouni ;et forth ~n th~s
paragraph) ~n whatever manner th~s indebtedness may be ev~denced or represented, unt~l th~s Mortgage ~s sat~sf~ed ot record. Ail cove-
rtants and agre¢ments conta~ned ~n th~s Mortqage shall be appl~cable to all further advances made by Mortqagee to Maker under thn
future advance ctause.
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Shouid any of the above cove~ants Ife Aroken then the Note and all moneys secured hereby shall, w~thout der~a~xf, ~f ihe
Mortgagee, so elect, at once become due and payabte and Ih~s mortgage may be toreclosed, and ali costs a~d expenses ot coltec2~on a~cf
reasonable atto~neys' fees, ~nclud~ng costs, expenses and reasonable attorneyi t~ o~ appeal, ~f coilecred by ~Pgal proceecl~nqs o~
through an attorney at taw, shatl be pad by the Maker, a~c1 the same are hereby s¢cured.
IN WITNESS WHEREOF, the Mo~tgagor ~as?xecuted th~s h1o~tgagr as of the date f~rst above ;et fo.th.
Sgned, sealed nd deiwered
in our pre ce'
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~'7G~~z~~ - -- - -
STATE OF FLORIDA
COUNTV OF ST. LUCIE
1 HEREBY CERTIFY, that on th~~
to take acknowiedgments, pe
~n and who executed the fore
WITNESS my hand and
A D., 19 g~_ -
4 5074-Opp~7 Rev. 8/~7
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MORTGAGE
~
ISEAL)
ISEALI
an otficer Au~y author~red m the Srate ato~esa~d and m the County aloresa~d
~~r~n n. a~ uvy .~. u~~uiu to me known to be the peryondescnbed
f•' ~ _ acknow~edged t~tore me that theY executed the same.
wit~y and State last aforesa~d th~s 12th_ o~ March __
` hotary Puhs~c ~T~ ~~ STATE Of FICMfOR ~; tARGf
" ~Y Comm~ss~on Exp~re
~Y COMMISSIpV EJ~IRES AP~ . 23 1982
Iw~ ~.rW~ ~01~ED THU t,'EJ~RAL INS UNDERWRISEAS
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