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HomeMy WebLinkAbout2140 *>>fGAGll DUO lONG POuI DIIW" roe. .. I, .. _""'_... .... ... .... ~ no. N. , .,.. .. DNow ~ .:..-; "-* O. R. ~''1~ _ "PI 7 695 Ihis CQU1\ortgagt Jllttd I .1 , ,J . ExeculE><l Ihe A. D. 1961 b, day 0/ Apr11 7th EDGAR A.CLARK and SYLVIA E.CLAfiK, h1s wife, hereinafler called Ihe morlgagor. 10 HARaIS CONSTRUCTION CORPORATION heN/ina/ler called Ihe morlgagee: (Wlwn.'tr U>N I..nin Ih. 1<:'1DI "_~~" &lid "m<<taaJ<<" ik:..dt .n 1M ,....ia .. ~ia *"-1 .... 1M ~ !e.a1 rq>nwnutlYeS and ......... of iadi ' .... .... ..ccaaon and ..... ~ ~; ud .... lena "-' Includn all lh~ DOIe-s ~rciJl dncribed if mar. "o.e.) lttitntssclh, Ihal for good and valuable coruld.rauon., and a/'o In coruld.roUon 0/ Ihe aQflN- gall' sum named in Ihe promiuory nol. 0/ even dale h.rewith. hfTelnaf'.r delCf'ib.d. Ill. mortgagor h~- by granls, ba,.gam~. sell.,. alien.. remi.e.. canVE')'s and confimu unlo Ih. morlgag..e all Ihe cerialn lend of which Ihe morlgagor is now seiud end in poueuion siluale In St. Luc 1e Coun/,. Florida, IIi%:: 11 of Lot 7, and that part of Lot 6 desoribed as follows: eg1nn1ng at the interseot1on of the Southerly line of Lot 6 and the asterly right of way line of Ormond Avenue and run thenoe Southeaster Y long the southerly line of Lot 6 to the Southwest corner thereof, I h~nce run in a northeasterly direction along the easterly 11ne of sa1 ot 6 a distance of 25 feet, thence run northwesterly parallel to the " outherly line of sa1d Lot 6 to the east right of way 11ne of OrIhond A ue and thence run Southwesterly 25 feet to the point of beg1nning, sa I ing a tract of land lying immed1ately adjacent to Lot 7, aforesa1d; II~ll be ing in Block 2 of KIRBY SUBDIVISION, as per plat thereof recorde rn Plat Book ), page 86, of the public records of St.Luo1e County,Fla. ~t is agreed by and between the parties hereto that the Mortgagors I ere in shall make the payments oalled for 'n the f1rst mortg(\ge now ncumber1ng this property to the Mo~tgagee hereln, which Mortgagee hall in turn de liver sald payments to the owner of the said f1rst ortgage. Fa1lure on the part of the Mortgagors here1n to comply I 1th this or the following requ1rements hereby authorizes the ortgagee to accelerate the unpaid balance of this mortgage as ereinafter provided. "' t is further agreed that the Mortgagors here in shall not perm1t I dd1t ional encumbrances to be placed against the above property ror a period of two years from the above date. i ~lso the Mortgagors agree to keep the above premises in a state of irepair and cleanliness satisfactory to the holder of the first [tnortgage now encumbering the property. II i~t is further agreed tb~L the Mortgagors herein will allow the H10rtgsgee at some later date to re-finance or re-arrange the first ~ortgage on this property in any way so long as it is not to the Ifinancial lo~s of the mor~gagors. The mortgagors further agi~e to !~ign any papers at First Federal Savings and Loan Association of Wort Pierce, which might be necessary to the refinancing or re-arrang- :ling of said first mortgage. Ii iI Ii Ii 11 i; 1'1:13 IS A PUrlCHASE MONEY MORTGAGE. v--- , ;_ l'I::lyment 0: la>:oS due v ,1\ r \ to Re~eived $- 'bi~na' PropertY pur~\Jan on Glass "Coo 1m angl FI '~t\S 0.1 1~~, 72~ laws 01 on. 7 Chapt~ I' 7. ~ lax Collector. St. Lucie Cell y,' F~ - I, ! I II jI 'i I I' II Ii I' I,