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DiRECT HOME IMPROVEMENT MORTGAGE /~ ~~ ~~ - ~a D ~I ,
wiTN FUTURE AOVANCE • 516459 ~
THIS MORTGAGE, macle ih~s -~~~L-____ iiay oi _____.laALiBT~-------_----_ . A O., 19 _-_$~ , between'
~-ZiAR~i~--SaA~~d-V~ii~A-g~-y~l~-M~--YHL$Z1A-- ---- -- -.- --.-- ----. Ih1o~~yayorl and
S,~,n Bank of St. Lucie Coun~} PSL Office __,_ __ ____________ ~Mo~r~e-:
~...
I N.~me o~ Sun Bank ~
WITNESSETH, that Mortgayor, lor and ~n tons~derauon ot ~ne prem~ses ar,d ~n ordr~ ~o srcwe thr payment ol the pnnupal a~tf
~merest on the no~e (as he~emafter del~nedl, Monyayor nereby 9~an~s, ass~gns t~anslrrs a~xf mo~~yac~s ~o Mo~tgagee, ~ts successors and
ass~gns foreve~, the louow~ng descr~ed real p~opwiy in _ _V ~~_ LUC~@ _____________ ___, County, Fka~a, to wH:
> Lots 17 and 18, Block 67-A, Lakewood Park, Unit No.6, as per plat thereof
~ on file in Plat Book 11, Page 7, of the Public Records of St.Lucie County,
~ Florida.
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1~iIS IS A SECOND MORT~AGE
19~ f Eg 10 AK i~ I I v
,. Raoeived i 3~ ~~ ~n Paymem Of Tax~t
ttlEi' ~!~t; `: c~nai ~
S1.LUCIE 1.0~Ni Y F 1 A. Dua On Clast "C" ~nt~rngibi~ Personal PtppKN
RCGER POi ~ Rr.S Pursuant To Chsp~sr 71. 134, Acts pi i~1. •
CIERK Cl~~iili C"~'"'~ .
r-; r;,~:r : F F':-."' ~ itOGEA WITRA8
516459 `~` cr~°„~ c°~' m' ~' c°`' F"' ~
(here~rtafte~ re~ened to as the Mortgaqetil Propertyl, ancl ihe Mortgayor does herehy fulty wanant the t~lte to the ~dortqagetl Property
and w~~f defend the same aqa~nst the t~ryful cla~ms nl atl persons whomsoever. ~ _
- PROVIDED ALWAYS, that ~f= ~ Sanford Vau¢hn and Velma M}- Vau~hn __,,,,eMak~~s-of,n,t
y/' jl~sert Namelsll _
~
ce~ta~n prom~sso~y note ~ eof Ithe Notel. ~I1BlL he~rs, tegai represe~ta~wes or ass~qns shaU pay to Mortgagee
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the prmupal sum ot S as ev~denced by Ihe Note, w:th mte~cKt arxl u~wn the terms as p~ov~ded therein, the ~~nal
matur~ry date of the Note ond of th~s hlo~tyage trr,nq I~~rC~l 1~ __ , 19~- , wh~ch Note prov~des that
all msiallments ot Dnnc~pal antl mterest are payahle at the oft~cP ot Mo~tgagee, or at wch other place as the holder may designate in
wnting, and ihat each m~ke~ and encforser agree ro pay all costs oi collect~on, includ~ng a rrasonable attorney's 1ee, uport delault m the
payment ot the Note, arxl that ~i defaulf be•'made in ihe paymenl of any ,nstaUment the~euncfe~ orid that ~f such default ~s not made
good ~n accurdance wrth the terms of the Nete, that fhe ent~re pr~ncq~al wm antl accrucd, earned ~ntrcest shall become due ancl p~yable
wrthout not~ce at !he opt~on oi the hokier the+rof, antl sha!t pwform arxl comply w~th each a~d every st~pulat~on, ag~erment and cOV-
enam of the No;e and of ~h~s Mortgdqe, thrn th~s h~ortg~- ancf the estate heret~y c~eatrxl sha4 be vo~d, otherw~se the same shall rema~n
~n tul~ tor[e Maku cov?nantz to pay the mterest ancf n~inc~pal promptly when duc• Mor[qagor covenants to pay the taxes and assess-
mCnts on sd~d propetty, to carry msur~nce ayainst fire on the tw~klmg pn k7~d tarxl fo~ no! less than S-__~ , approv0d
by thP Mortgagee, wnh ;ta~xfa~d matyay~ locs ctause 1»y~bi~ ro Mort:y~•~•, t~ir pai:cy to be heki by thr Mortyaqev and to keep the
bwld~ny On sa~A I~rxf ~n p~ppe~ repdu
Th~s Mortgage shali secure n~t onty Px,S±ing ~ndebtrdne•s>, bu~ .~iso wch 'utwe .~ctvancrs, whrtnty SUC~1 dflYd~ICPi JfB (~i1~f0•y or
to br m.x1e at the opt~on ot MortgayeP, o~ otherw~ze, as arv m,~.~ w~thm twenty (20i v.-a~s from th~ date he~rof, to the same extent as
~f wch futu~e ae7vances w~~e m;xie or the date of rh.• eaecuuon of th~s Mortg.ige, but such s~•cur~~ef mdvbtedness shall not rxceeet at any
t~me the max~mum ur,nc~pat a~l~ount of S___ __ n~a _____ _______ plu~ .ntrrest, ancl any d~sburs.~ments m~fe }or thr. payment
ol ;3xes, lev~es, or ~rt;urance, on th~ Mortgag~~f Propr~rt~r, w~th ~nh~~est on wch d~sbursemems A~~y such tusure acivances, whether
ob~~yatory or to be macfe at fhe opt~on ot the Mortyager, or ot!:erw~se, may t~ macle e~thP~ pno~ to or aher the due date of.thc Note or
any other notes sew+ed 6y th~s 7No~tg.~ge Th~s ~do:tyag~ ~c gwrn to~ the u~ec~l~c Uu~~wse of ywnnq any anef atl ~ndebtednesz by tRe
h1~kv~ to Mortyagee H~ut ~n ~o evrnt chall the securM mdrbtednvss eace~s: at eny t~me the max~mum p~ mc~pal omount ~et forth m th~s
pardgr~ph) ~n wh3tever manne. thn ~odet~trctness may be ev~dencrcl or ~epres~~nted, u~;~i th~s Mortg.+qe n snTishet! o} ~ecord Ait cove~
n~nts arxf ;y~eements conia~ned ~n th~z hlorrgaqr shalt he appl~cat~le to all tu~iher xlv~n[~5 m,~f•• t~y Mo~!yaqwr to M~kvr urxle~ th~s
futwr ~fv,~nce ciause • ~
$huuld dny O~ ihr .ibOv~` tov~n.~nSS thr hrU4vn ihr.n Th•~ Nnte antl J!1 mpro!yt Sr~[unKl hereby Shall, W~tl~puT dema~~d, ~) !hr
~1o~;ya9ee, so eiect, at nnc~ brcumv du~ and p.,yabte arxf ih~s mOrtganN may tW foieclov~cf, dnd vll costs an~! e•xp~nses o< <:oiiect~nn and
reasonable atto~ney;' ~ees, ~nciudinq ~r,sts, ~•Kp~nses ~rxf roasonat~fe atto~neys fens on appeat, :f co~=ecied by Io~g~i p~pceeclmqs or
tn~ough an ~TtOrney ~r t,~, ;hal~ t~•• p~~d Uy ;he P.1akr., arut tnr; :~me ere he~eby wcureKf.
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IN WITNES5 NNERFOF, tn~• tAn~rgayo~ '~es ~•^~~eur:~f fh~s h1or,~;~yer as of th dat 1„st d~o t +rh
$~~n!K/ atf(1 dnd AP:rv rP;f .
~n~ pra.Pr~C2 ~
- ~1~~ ~ ~_ L~.~ ~-~~ - - - -- - -- - -
~ ~~""~~,, // Tho S nfor ~n
_ 1~~s~~-~~,C~----- ---- - -- -I! __-- ' -- - - tSEALI
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~ Velma M• V$ug r(t~,3~Or~
sraTEOF FLORIDA '
~
ST.
COUNTY t~F ~, , _ __ ~_ •~ , ~
I HEREBY C
~ a so,a-ooo-, Ae~-. am
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?O t:fkr ~~knOw
~n and who exe4,Ji 1
WITN rr ` •~
A O . 79 ~ ; ~',
Np1A~lf KJMJC STA11 C
Mr COnnM i SS 1 ON !11
pr~ t-qw GENfMI
ti "• h~
ih ! , belur~ me. an off,cer Uu~y a~tnoritetf in th~• Stati• afprrrtaKl end ,n thr County afores~arcl
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~t~ y.~~ ~~15lII13S and Velna V~y~1Q____ t~ me kr~own ro be th~ person drxr~bed
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![ ~q,ftru~n t~~+d ack~owi~ ~y.<I tiefore me th~t _t~ executed th~ same.
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il~~;~p~ ~i,r ~o c~„~T, ,~~,~, s~a~~ ,~,st o~vs.~~a Tr,,, th -n--- ~~~Y ~, _ _January -
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.~•- ~t,•' ora.y Pubi~c
~{~~'-~ h1y Comm~ss~on Eap;res
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