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; MO~TGAGE DEED D~FW'S FORM t F~S Monvlaaruf~d cnr }or tol• b~ Th4 t1.~~W. 6. D~tW Componi ~
f ~O COR?OfAT10N FROM INOIVIDUAI 1ocMwr.rills!~Ml~i '
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Exec•uted t{~~ 1Bt day oJ M~e?aCCh A. 1~. i9 65 ~y
FRANKLIN A. HARRI3 and VALBRIS V. HARRIS, his wi~e,
E hereiria~ter call~cl the mortgagor, to HARR=S OONSTROCTIdN CORPORl~TI01'4" ~
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a corporation existing under fhe ~aws of t{?e StatE a~ g~.OY'~'~l , u~ith its permnnent posta~fire
ndd~ss Room 106, Arcade Suilding, Fort Pietce, Florida ,
{~ereina~ter called the mortgagee:
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~ (Wherc~•er used herein the term~ "mortga~or" and "mortarsee" ioclude a11 the partia to this instrument and the hcin,
leKal rePresentativea and aniRns o! individw4, and t6e succcn~n anc! as~i~ns o( corpon[ioces; and the term "note"
includes all the noaea hcrein ~acribed if more thaa one.)
~~Lll~~le~~ tha! ~or good and ~>al~ar6le considerations, and also in consideration oJ the aggre-
~ gate sum named in the promissory note o~ even date herewith, hereinafter descri6ed, tF~e mortgagor here-
~ by grants, bargains, sells, a~iens, remises, cvnveys nnc( con~irms unto ti?e mortgagee alI t{ee cerlain Iand I
; o~ which t~e mortgaflor is now seized and in possession situnte in St. LtYC~C County,
~ Florit~a, niz: I
SOOTHERN PINS3 SUB~IVI3ION as per plat thereof on i
7AT 8, BLOCK 5, ~ ~ ,
record in plat boak 9, paq~ 68, of the public recorde of 5~.. Lucie ~
E County, Florida. i
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~ IN rAYM~cNT OF7RXl~ ~
' TANri18i.E PERSOHAL PROPE~• I
P RECEIV~D S ,d. A~TSOF 1941, ~
~ (~N U.AS;'C' ~N 207..
k DUk. r ~,j +p Ct4A?TER ~
PU ~w.. , ~.4srk Circvit C~Tt i
k R~ ~ ~ v T15 M. lAN~, j
~ as y~~;.ns f~ ry Sox Coll ~ ~
~ St. Lucie C t
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DEPU7y CLEKK ~
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~ THE MORTGAGOR COVEN~NTS AND AGREES THAT: I
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(1) The N10RTGAGOR herein shall make the payment , called far in the first mo~tgage (
now encumbering this ~~operty, to the MORTGAGEE herein, which payment the h10RTGAG~E here-
in shalf in turn deliver to the awner of the sa;d fi~`st mortgage . i
(2j if th~ MORTGAGOR herein does not make the scheduled payments as they come due under the afore- a
said first martgage , then the MORTAGEE here at itBoPtion, can make the said delin- i
quent payment S, adding said paymsnt 8 made to tfie balance due under this mortgage deed. in I
the event that the MCR7GAGOR nerein cloes r.ot make the scheduleu payments as tney become due i
under the aforesaid f 1r8~ mortgage , then at the cption of the MORTGAGEE i
( nerein, the entire bafance due hereunder can be dec,larecf ~ue anc~ payabie in fu~l on demand by the i
said MOR7GAGEE herein. ;
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~ (3) The MORTGAGOR herein shall not further e~wmbPr this proaert~~, except by obtaining the permission I
, of the MORTGAGEE herein. i
if (4) 7he MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first morigage '
II now encumbering this property at any 9~me c~eemed desirable by ihe MORTGAGEE herein. The pro- j
i ceeds of said refinancing to be appiied against the unpaid balance due hereunder. f
I($} The MI~RTGf~GGR herein wili at the request of ~he MORTGAGEE herein ack,nowledge this mortgage ~
and the amount still due at the time of the request on a forrr provided for this purpose by the MORI'- ~
~ GAGEE. ' j
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(6i Failure on the part of the MORTGAGOR to compiy with, perform, or abide by any of the agreements, !
stipulations, conditions and covenants as set forth above in sections 2, 3, 4 and 5, empowers the i
~i~ MORTGAGEE herein, at his option, to deClare ihe er~tire balance due hereunder to be due and payable ~
at once. Fail~,re of the MORTGAGEE herein, to exerci~s this opti~n at any time shaii not constitute a ?
waiver af the right to exercise this option at some later time.
i~ (7} In the event of fo~eciosure of this mortgage deed, the MORTGAGOR wiil be held liable oni~~r to the ex- i
tent of the property encumbered by this mortg~ge deed. ~
(8) THIS IS A~RCOPTD ,1r10R7GAGE DEcD. ~ R ~[~~"j ~
(9) THiS l~ A PURCHASS /~tONEY 1~10R1'GAGE D'c~D. g~u~•~1 U( ~