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HomeMy WebLinkAbout0427~ ~ ~UU~ ~~ ~ ~~~ ~w a ~. • a...~~..~ .w a...r ~v rw M. t. w. ~. a.. c..r..r ~.t~e.••+M•. n«w. ~ ST, lUC Y. FIA. - Executed rite T h i r t e e n t b day of D e e e• be r A. D. t9 b 1 6r EDWARD KENDRICK and~MAR6At;ET P. KENDRICK, his wife 160? North~2lst Streets Fort Pierce, Florida ~tereina(ter called rite mortgogw, to HARRIS CONSTRUCTION CORPORATION • 2811 South Fou;th Street Fort Pierce. Florida bereIna(ter called the mortgagee: fw~r ..ea ierei. ~ a... • ..a '•~oreswaK••-iwrlwtk v ti. s~~ » iii i..ttsae.t wed tie~~'"': {qPl ~eptt.,swgtivas awd w~~s _a< awd tie •ax~ awd nuawe wf oerpatioM: wwd tie tet~l 'was' iwrlwde, wN tie wore, ieteu An[tald i~ ows.) _ - ~~[Jl[Llt~ tits! (or good and Valuable conatderottoru, and also in coruideroNQn of 11te aggre- gate sum named in the promissory note of even date lterotuttlt. ltereina(fer described, fire mortgagor ltsre- 6y grants, bargains, sells, aliens, remises. rnnveys and eon(irms unto the mortgagee nil the certain land of wbiclt life mortgagor is now seized and in possesaton situate in S t . Luc i e County. 1-lodda. VIZ: LGT It Block 4, SOUTHERN PINES S/D as per plat thereof on file in the public records of St. Lucie County. Florida. It is agreed by and between the parties hereto that the Mortgagors herein shall make the payments called for in the first mortgage now encumbering this property to the Mortgagee herein. which ~:ortgagee shall in turn deliver said payments to the owner of the said first mortgage. Failure on the part of the Mortgagors herein to comply with this or the following requirements hereby authorizes the Mortgagee to accelerate the unpaid balance of this mortgage as hereinafter provided. It is further agreed that the Mortgagors herein shall not permit additional encumbrances to be placed against the above property for a period of two years from the above date. Also the Mortgagors agree to keep the above premises in a state of repair and cleanliness satisfactory to the holder of the first rrortr,,age now encumbering said property. It is further agreed that the hiortQaaors herein will allow the Mortgagee at some later date to re-finance or re-arrange the first mortgage on this property in any way so IonQ as it is not to the financial loss of the mortgagors. The ~;ortgagors further agree to sign any papers at l:irst Federal Savings and l.oar. Association of Fort Pierce which inir.ht be necessary to the re-financing or re- arrancin4~ of said first mortgage. It is further agreed that the mortgagors herein will at any time. at the request of the mortra~ee herein acknowledge this mort~ace and the amount of remaining principal due hereunder in writini;. on a form provided for this purpose by the mortaacee. The purpose of these statements will be for annual audit or special audit prior to sale of this mortgage. THIS IS A YUI.t<t1ASE A=I,KEY All RTGAGE . Ret:eiywt _ on pass "C' ~~ia!'~tit M taus thte ~pter 20724, ~ a ~~. ~~' i ~airswnt to 1 Tix CoNu~, y~, hide ty, FlorlOt~a