HomeMy WebLinkAbout0926OIRECT NOME IMPROVEMENT MORTGAGE /~ ~ ~~' ~~ //~ ~
wITH FUTURE ADVANCE
516455
THIS MORTGAGE. m.t1e ~n,: __ 6th ^--- ~,~r ol __._F~b • - - - _- ----_----_-- - . A O . 1981_ _ _ , t~rtwern~
William E. Brown and Gladys R. Brown- - --- - -- - ---------- - - -- - ~M~~~y~~~ ,~
.. Sun Bank of St. Lucie County, Fort Pierce, Florida ~~
:~•-- -~ ------- --------- -- -- _ (Moit~
, . (Nemr oi Sun 8ank~ ~
WITNESSETH, that Mortyagor, tor a•K1 ~~ tons~cle~alwn ot Ihe prem~sas and in ordrr to srcwa ~ne payment ol thr pnnu{wl and
, , ~nlerest on the ~o~e las herQ~nalter dehnedl, Mo~tyeyo~ hrreby y~dn2s, ass~gns ~ransiers a~Kl mwtgage~ to Mo~tgagrr, ~is sutcrssors arxl
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sss~9ns lo~eve~, Ihe lollOw~ng Jeur~ed real prQprity ~n --_--^- -- $L.~[.UC1C- -- ----- -- Coumy. F~orda, tow~t:
~ I.ot 43 in Block 45 of River Park, Unit Five, according to the Plat thereof
' _~ recorded in Plat Book 11 at Page 31 of the Public Records of St.l.ucie County,
~ Florida. J~~.6455
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7HIS IS A SECOND MORTGAGE ~~~0 ~~n Payr,~ent OtTaxN
DY~ 011 C{~p "C" mtiny,b~d Personal Prpp«~
hM~IMI~ TO Chaplsr 71. 134. A~ Of i971. ,
ROGER FpiTqqs
~k ~k ~t St luds. Co.. Fla. ~
(heie~~afrer re~r~rtd to az ihe Mortgagecl P~opertyl, arxl ihe Mmtgeyor cfoes he~eby Iutiy wa~iam the nttr to the MortgeyFxf Property
arxf wul de~rrxl the same ~+nst thp Iavvfui cla~ms ni all pc~sons whomsoeve~.
PROVIDEO ALWAYS, thae ~~ __. Wi~iam E. BI'nWil and G1adXs (Z. BTOWR__ _, t-~e Make~ls{ ol that
~Insrr~ Namelsl!
ce~ta~n prom~sso~y note cf:ited ~h~ date hrreot (thr Notel, their hens, Iegat representanves or ast~yns shall pay to Morigagee
tne pnnupai sum ot 5__ 5.176. I S _~~,~~enced by the Note, wrth ~nterest :.rKl u~mn the_ terms as pro~~ded therein, the hnai
matur~ty date of the Not? arKl 01 th~s Mortgaye fxmg ____ Feb. 6~ ____ tg 86 ,~nrhich Note p:ovnfes tlWt
all +nstallments ol pnnupal arxl ~nte~ezt a~e payatile at the oil~ce oi Mortyayre, oi at wch other plxe as the holder may des~gnate ~n
wrrt~ng, and that each maker antl e~eforser agree to pay all costs of collect+on, ~nclud~ng a~easo~~able attorney's lee, u~wn detault m Ihe
payment of the Note, and that ~f defauh I~e made ~n the payment of any ~nstallment the~euncler and that d wch delault ~s not made
goocf ~n accordartce w~th the terms of the Note, that thr eniue pr ~nc~pal wm and accrueci, ran~ed interest shall become due a~1 Fayable
w~thout not~ce at the opt~on of the hokfer thereot, ancl shail pertorm and comply w~th each arxf every sh{wlat~on, ayreement antl cov~
enant of the Note arxf of this Mortg.-gP, thrn th~s Mortgaqe ancf the estate hereby crFratecl :hall be vo~d, othe~w~se the s3mr shatl rema~n
in futl !orce Maker covr.na~ts to pay thr. ~nte~est a~xf pr~napal promptly when due- Mo~igayo~ tovr.nants to pay the taxes and assess-
rmnts on sa~d prop_wry, te carry ~nsur~ncN aiyl~nit tue On tii~r t~u~kJ~ny on ya~c1 larxl Ioi not less than $__ n~a _ , approvecl
vY ~h~' Mortyagee, rnth itanlard m~t~~yv loss cieuir pay~ble to !1!oity~~r•.•, ih~r po;~cy to l~e hekt by ~hr M~a7g.~9r,e antl ro kr.ep the
bu~ldmq on sd~d I~rwf m proprr repen
Th~s Morty.iye shalt ircu~e not unly e•x~shny ~n.lebtr~ln•~~s, but ~typ wch futu~e :xfvantrs, whethe~ wch advanees are oblgatory or
to be m,iclr at the opt~on ol Mortgsy~e, or otha~w~se, as a~sr m.x1.• wrth~n twcnty 1?O) years fiom the date here~of, to the s.~me extent as
~f wch futwe :~clvances wr~e m,K1v on the d.~te ot rh~. ~!%PCU~10l1 U~ II111 MO~t(~a1(~~', IIUI SUCh 1CCUff!~ ~ndrl)1lYSlI~SS St`JI~ not rxcerc) at any
t~me th~ m~x~mum pr ~nupai nn~qUn~ ot S-.- --~ -- _--- --- - plus ~nter~st, arx) a~~y disliursements m8e1e ~Or t!w paymCn!
of taxrs. ~ewes, or mwrance, on th~• Mortyayrtl PrOprrry, W~Ih ~r.t~ns~st on wch ~~sbursements. Any wch tuture acivarx:es, whether
oblu~e~ory o~ te be macfe at the opt~on of thr Mo~tyagrr, or othr~w~te, may t~e ma[1v r~~he~ ~I10f t0 qf v~IMf th~ due date of the Notr or
.~ny othpr notrs srcur.~t1 by th~y ~A~~tyay~• Thn Mo:tgaqr ~t qrven ~o• thn yiec~f~c pu~{MSe Ot xK,unnq any an[1 dH m[tebtedness by the
M~kNr to hlaty.3gee (but ~n no evr.nt sha~l the 5v.curcd ~ndebtc~lnrss e~cred at a~y ~~mv the max~mum pnnapa! ~mount Se1 forth m ih~s
p~rey~~ph- ,n u•,hdtever mannrr th~s ~rxlrhtrclnes5 may tn ev~denced or r.~p.esemM, lnt~~ ih~s Mo~ry.~q~ ~s satnt~ed of ~ecord All crne
n~nts a~x1 eyrv~~ments cont~~nrd ~n th~s MOrif_}-wW shali be appi~cdbl•• to alf lu~the~ .~efvanees m~lr by Mn~tg.~y.~ to Fdak~•r under th~s
~Uluf±' :l(IY~nCP CIJUA'. '-
Shouid nny o~ th~ ,~I~pv~ eow•n~nts M• b~Ok~•n Mrn thr Nntr ~~xf a!I mon.•ys vrcw~N! hr.u•-)y sh.dl, wit!iout ~lemantl. ~t thr
A1ur;yey.e, 5b r.~vct, st nnr~• ti~•com•~ dur arHl µ„yat~le :~nd fhis mo~tuaqe may iW fo~eClqSi:tl. JM} JII C051'. Jnt~ ~•xp~N~gr~i pf ~.nlleciion arn1
~~rasor~ab~e attorneys' ~ees, mdud~nq costs, ~~^pt~nirs dncl rrawnat~ie afro~ney,' !ePti on appPa~, rf co~ler.~ed by ~egal p~ocertLnys or
rhrouqh an ~tt0•ney .~t iaw, th.~il b~• p.iKl by the Makr., ~rx) thv ~m~• are hcr.~~y vCw~~)
IN WITNES$ V'~HEREOF, th~• A^o.ty.~qv~ h.i; ~•..•cu~~ef th~~. hlu•t~k,~;e as of Th.: date 1„u r~i~~v~• xr Ic~~th
rTed, sea~ecf ~rx1 ~1r~w~••rrf
~n ~ prese /
` _!~~W.I_!._ ISEAL)
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~ ~~.~/"J~..j,~LL ~ ~ i am . 1! ~Yt
- --- - - ---- - -- -A~- - -- -- u~- - - ISEAU
`~ ~~ G1 adys R ~~fdfH`'"' ~
STATE OF Florida
COUNTV OF SL. Lucie
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I HEREBY CE 71F~Y-°~tt~?priArz day, belore• me, an of}~~er duiy ~uthonis_~) m th.• Srat~• afnrrKaK1 .~n~1 ,n ihe C~~unty.fforesaid
~/r.~ ~' ~"~,,
ro r,ke acknpwi ~ c~~}c¢lfspAp)1~~a,ee _Wi 11 iam F, G1 adys Brown __,,, m~~ krtpf~n to be rhr ~~rrsr,r descr,berl
.:. r..;.
~n ~nd wh0 Q%fC~jt~~hP~~OfC~pl~~ir~j~~ujdQnT arxl ---TheY ----- aCknOWledyerl tW}ure mr that ._ T~eY- __ exeCWed the same.
WIT~~y~~r~q ~~pl'~~1,-i1 the C~unty an~l at.~ tast a rrs.~,d ~h~s 6th_- _~~a„ ~, _ Feb .
AD.19 . . !• - ~ ----
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• e;o~!i,.1 '~' .~ , My C m~ss n Expues
" ~` ~~~ NotKr nill ~c SurE a nOR~~~ q u~Gt
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a 6oi4-000-7Rev.8/77 . t~ p Mt COMMISSION E~VIRES OC1 . t0 -9~2 ,.. ,.._~,,..
3 800K J~O P!•GE 92 K~ DM+ c~ ui. wawu ras ~
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