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Home My WebLink About1856~IRECT HOME IMPROVEMENT MORTGAGE ~ ~- ~3 ~'~ ~~ W ITH FUTURE ADVANCE 516969 ~~ TNIS MORTGAGE, maue tA~s _9t'h __ ~~jy o~ !_ February ____ __ _ __ A o., ~9 81 _. . -,e,weer, Lucious Demer~r and Lillie B. Demer r~ his wife _____ ___ __ _____ ~h~~„y,~,~ ,,,~ -- - Sun Bank of St. Lucie County, Ft. Pierce ________ t~1o~~~yre1: -- ' ~ (Nameol Sun Bank1 -- ----- ------- - - WITNESSETH, that Mortgayor, fo~ a~~ef ~n COnS~der~[~Un O) the prem~ses ancf ~n oider to secu~e the paymem o~ th~ pr~nc~pal a~x) ~ntrrrst on the note las here~na~ter de~~nedl, hlo~cy~yor hr~eby grants, ass~gns transters ard mo~~gages co M~~tgagee, us succrsso~s and ass~gns to~eve~, the tollow~ng descr~ecl ~ral p~opcyty in _ St._LUCl@ __ County, F~o~uta, to w+t: _ . ,,as Lots 16 and 17, Block 8 of Sunrise Park Subdivision, ill, as per plat thereof on file in Plat Book 8, page 42 of the Public Records of St. Lucie County, Florida. THIS IS A FIRST MORTGAGE. ~81 fE8 13 P~I 2~ ~:2 : ~~. ,-., ~ ~ C > ~i - U OI al ' -.~ = U -. .7 . I ~ ~i ~ ~ c Oj _ ;j .~ I _ ~ _ ,ti _ ~ ~ _ ~~ _ U)~ a~carFO s lo• ~ IN ~A1fN1Eti'T OF TA~ OU: QN f.RS= •C pITAIiCa:BLE PiRSaKAI rR0?E~Y~ PURSUf1NT TO CHJIPTE~ 7~~+~~. A~TS Of 1171. R06ER POITTsAS /~ ' CLEAx Cf .~T W•fltr =T. WC~ C0. R~~~•~• - i~[ n ~~r -~cckt~~ r. SI.LtiCiF COt;Y'Y.f l ~. RCGi R PQI'R :S CLE~tit C~4: U!T r:~tl, ~ F;;'f;~ ~ • Q,~ C/ 516969 Inere~nafter referred to as the Mortgaged Propenyl; arxl the Mortgago- does hereby tulty war~ant the t~tle to the Mortgag~d Properly and w~il detend the same aga~nst the lawtul cla~ms of atl persons wnomsoever. PROVIDED ALWAYS, that ~f LUClOUS and Lillie B. Demery , the Makerlsl o( that [Insert Name1s1) certa~n prom~ssory note dated the da:e hereof (the Note) their ~,rs, tegal representac~ves or ass~gns shall pav~to Mortgagee the pr~nc~pal sum oi $ 3, 429. ~7 ~~,denced by the Note, w~th ~nterest and upon the te~ms as provided there~n, the i~nal maturity date of the Note and ot this Mortgage being Februar~r 11 • ,~g 84 , rvhxh Note prowdes that all i~stallments of pr~nc~pal and interest are payable at the of(ice of Mortgagee, or at wch other ptace as the hoWer may des~gnate ~n wr~ting, and that ~ch maker and endorser agree to pay all costs ot collect~on, includ~ng a reasonable attorney's fee, upon default ~n the payment of the Note, a~d that ~f default be made ~n the payment oi any mstallment therr~nder and that i( wch de(auh n not made good ~n accordance with the terms of the Note, that the.ent~re p• ~nc~pal wm and accrued, earncd ~nterest sha11 become due and payable w~thout not~ce at the opt~on of the holder thereot; and shall perform and compty wrth each and every St~pulat~on, ag,eement and cov- enant of the Note and of this Mortgage, then th~s Mortgage and the estate hereby created shall be vo~d, otherw~se the same shall rema~n ~n full force. Maker covenants to pay the i~terest and princ~pal promptly when due. Mortgagor covenants to pay the taxes arxf asse~s- ments o~ sa~d property; to carry ~nsurance aga~nst f~re on the bu~ldmg on sa~f land tnr not less than $ ~1~d , approved by the Mortgagee, w~th standard mdtgage loss clause payabte to Mortgagze, ihe pol~cy to be held by the Mortgagee and to keep the buifd~ng on sa~d land ~n proper repair. Th~s Mortgage shall secure not only ex~sting ~ndebtedness, but also wch future advances, whether wch advances are obl~gatory or te be made at ihe opt~on of Mortgagee, or otherw~se, as are made w~th~n twenty 120) years from the date hereot, to the same extent as ~f wch tuture advances were made on the date ot the execut~on ot th~s Mortgaye, but such secured ~ndebtedness shall not exceecl at any t~me the max~mum pr inc~pal arrount of $ n/a plus ~nterest, and any d~sbu: sements made tor the payment of taxes, lev~es, or ~nsurance, on the Mortgaged Property, w~th interest on wch disbursements. Any wch tuture advances, whether oblgatory or to be made at the opt~on of the Mortgagee, or otherw~se, may be made e~ther pr~or to or aiter the due date ot the Note or any other notes secured by th~s Mortgage. Th~s Mortgage K grven tor the spec~t~c purpose ot secur~ng any and all ~nde~tedness by the Maker to Mortgagee (twt in no event shall the secured ~ndebtedness exceed at any tune the max~mum pr~nc~pat amount set forth ~~ th~s paragraphl m whatever manner th~s ~ndebtedness may be evdenced or represented, unhl this Mortgage ~s sat~sf~ed oi record All cove- nants and agreements con!a~ned ~n th~s Mortgage shall be appt~cable to all (urther ad~ances made by Mortgagee to Maker under th~s tuWre advanre cla~se. Should any of the above covenants be broke~ then the Note and all moneys secured hereby zha11, w~thout demand, ~f the Mortgagee, so elect, at once become due and payabte and th~s matgage may be toreclosed, and all costs and expenses of collect~on and reasonable attorneys' ~ees, ~nclud~ng costs, expenses and reasonable attorneys' iees on appeal, ~i collected by tegal proceed~ngs or through an attorney at law, shall be pa~d by the Maker, and the same are hereby zecured. IN WITNESS WHEREOF, the Mortgago~ has executed th~s Mortgage as of rhe date fnst above set fo~th Sgned, sealed and del~verecf m our pre ce: ~ ~ ~ ~ _ -- -- STATE OF COUNTY OF FLORIDA ST. LIICIE 1 I~EREBY CERTIFY, -hai on th~s daY, betor~ n to take acknowledgments, pe~sonally appPr~~~ ~n and who executeJ the foreyo~ng mstryp~u and .~:~ ~I ~ t. ~-• '. WITNESS my hand and off~~al se~the~nty A D., 19 _~- . F '; ~~+, ~re ~S~ ~" ~t =, ' ,~ :~ , : ~ ~IR ~ ~, n~. 4 ~~,4-~.~A~,.B,» 8~~348 P~~~~.855 ~ -z~_.~ - . =l ~-~s''~':~"'' ` - ^=~ - -.. __ ` ~ ~~ ~9 ~~ ~y~~ , ~ • Ju~ : ~.~' ~ ISEAL) (hlortgagor) - ~ _ ~ ~ ~~ _ ISEAL) . (Mor tga~Or 1 ~ ,.si+ off~cer duly authon~ed ~n the State atoresa~d and m the C~unty atoresaid Lillie B. D@IDe2'}7~o me known to be the persondescr~bed `"' acknow~edged betore me that they executed the same. , . ~• ~ ~~e last aforesa~d th~s 9th eay ot ebrua r i.~, ~ ti~ :t :~ otary u ~t ~~ My Comm~ss~on Exp~r1'~1ARY ~(~~ Ci FLQRIDA AT (~ . MY CQMMI ON fJ(11RK /1PR. 23 l982 ~OPOED TFtl1 GETdERAL INS . U~~D:R,.~p~v.n• ~ ' - _ r w~ ~ N~