HomeMy WebLinkAbout0457MORTGAGE OEEO EW'f fOUA f. E. SS MaM1U Ia<N raJ oad for rota Dt TM n l w. 6. Dn. Corncoor
TO COVORATION fROM INOIVICUAI ~, R ~ ~~ to <1 roe.lna, her;da
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{:xeE-Erred -he Ire any o; Horsmber ;1. 1). tE~62 6v
Halter J. ~tioksrron, said Donna K. Kialwrron, his xifs,
hereinnffer cn{{et{ f{le mort~af(or, to Aarrir Oonrtraetion Oorporation
n t•orporafion e.risfinq tuEder Iha {outs o' the State of Florida tr.i(It ifs permanent poshtjlite
address at 721 QtLinoy lvsnus, Fort Nieroe, Florida ,
hereinafter t,nl{ed the nlOrt(ta(JPP:
~N'hcrecrr used :~erein the terms "mortKagor srd "mortgagee" include all the parties to this instrument and the heirs,
Icgal tepresentatisrs and iuigro of irdiciduals, and the succesx.7s and aaigns of corporations; and the terns "note"
iruludts all the antes ~ertir. skx-ribed i( mote than one.)
~itnesseth, that Jos cfoot{ and vahrah{e consit{orations, ant{ n{so in r-onsit{erafion o~ the a:Jgre
date earn named in the promissory note of even date hereutith, hereinafter descrihed, the mortgnpor here
by ~trn:Ets, hnn(ains, se{{s, n{lens, remises, conveys and con~irms unto the morlpngee n{{ the c•ertnin {nod
o~ uthich the riort~apor is now SPIZPd and in possession situate in ~ Lucie ~~ounty.
f'{orida, nix:
Lot 19, Hlook 3, of 8outhsrn Pinar 8ubdividon ar per plat theroof on reoord
in plat book 9, at pegs 68, of the public retbrdr o! Qt.,. Luoie Oounty, Florida.
It it agreed by and betxsen thr pastier hsrato that the ttgRT(3tU30R8 herein shall
make the payiaentr vatted for in the first mortgage vox encumbering this property
to the 1~RTbA~'~EZ hr rein , xhich 1~IORT(~~SH shall in turn deliver said payments
to the oxnrr of the raid firm mortgage. Failure on the pares oP the 1~RTGAGORB
heroin to comply xith this or the folloxing ro.luirsmentr hereby akthorizer the ';
ki0R2C1At3RS herein to accelerate the unpaid balance of this mortgage ar hereinafter
provided.
It is furtlnor agrosd that the MORTQAOOR8 herein shall not permit additionsl,l
enoumberanrser tto bs placed against the above property for a period of two ye are
from the above date.
It it furthe-• agroed that the ~fORTau30R8 hersi;l, rill allox the MORTGAGEE at
some taros date to re-finance or n-arrange the first mortgage on this property
in any xay so long ar it is not to the financial loss of the 2~RTGAflORB. The
MORTt3AQOR9 tlarther agroe to sign any papers at the First Fedsral Savings and
Loan Association of Fort Pie roe xhich might be nece ssa.*y to the re-financir>g or
rs-arranging of said first mortgage.
It ie fttrther agreed that the•i~RTGAQORB heroin x111 at any time at the request
of tha MORTGAQEE herein acknoxledgs this mortgage and the Rnount of remaining
principal due hereunder iza xriting on a form provided for this purpo~ by rho
MORTaAf3EB. The purpose of these statements rill be for sruaial audit or spacial
audit prior to sale of this mortgage. ~
THIS IS A PUROHA3$ MOl~E1C 8g00ND MORfiGAGE
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