HomeMy WebLinkAbout1503 MpRiWGE DEED DlEW'S FOlM ~ E. 33 ,wen~focru~~o and 1or w:s bi iM M\ W 6 Orw Coiwoanr
i0 COlPORATION FtOM IfiO1VIWAt la<bonvill~, Flwido I
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1';XPI'UIP~ th~ 14th day o{ Ju.nB A. I~. 19 ~j ~j by I
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Franklin A. H~?rris and Valerie V, Iinrris, his wife,
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I~ereinnf ler cal~ec~ tlie mortgagor, to I~IZ'~S Con~truetion CrOtPOZ'Z1t3.0I1
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a corporation existing under the ~aws o~ t{~e State o` Florida . u~itEi its permarient postof~ice I
address at Rppm 106~ ~1tC3de Hu11d1~1g~ Fol't P1erCe~ Flotidd.
hereina/tPr called the mortgagee: ~
(Whercver uxd hercen tbe tecros "mort~or" and "mortga~ee" include dl t6e putep to chi~ irutrument aod the bein, I
kqal reprraenutivea and a~iRns of iadividuals. and the suceemon and assiSn~ of corporatioru: and thr term "note" !
irKludes all the ootes herein dracribed it more than o~e.) i
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~~LlL~JJe~~ that (or good and i~aluable consideratians, and also sn consideration of the aggre- ~
,yate sum named in tE?e promissory note oj even date herewith, I~ereinaJter described, t{?e martgagar here- `
by grants, 6argains, sells, aliens, remises, conveys ancf confirms unto the mortgagee all the certain Iand ~
o~ wh«h the mortgagor is now seizecl ane{ in possession situate in St. Lue3e County, ~
~=lorida, niz: ~
IAT 22, BLOCK 4, SOtFrHERN PINSS SUBDIVIS20N as per plat thereof on ,
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record in plat boak 9, page 68, of tYse public r~ecords of St. ~~ie !
County, Florid~. ~
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RECEIVED S- SN ~AYMENTOFTAXl:B !
I p11c C+V CLA;S'C' tNTANGIBLE PERSO'VAL PROPERTY~ i
I pU,: ;;;i~NT ?O^ HAPTER 2072b, ACTS OF 1941,
t, C' : , CIcf1C CIfCVit C~'uft ~
ps f.t ~U T1S M. 1AME5 i
St. lucie/~ unty Tcx 1 tttir ~ i
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BY DEPU7Y CLERK i
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TNE MORTGAGOR CCVENat~TS AND AGREES THA7: ;
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(1) The MORTGAGOR herein shall malce the payment S, called for in the first mortgage ~
~ now encumbering this property, to the M~RTGAGEE herein, wf~ich payment the MORTGpGEE here- ~I
in shail in turr deliver to the owner of the said f~.I'St mortgage . f -
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(2) {f ?he MORTGAGt7R herein does not make the scheduled payrnents as they come ciue unu~er the afore- ~
I said first mortgage , then the MORTAGEE here at itsoption, can make the said delin- I
yuent payment S, adding suid payment S made to the balance due under ihis rnortgage de~d. In ~
( the event that the MORTGAGOR herein does not make the scheduled paymants as they oecoms due
~ under the aforesaid ~1tg t mortgage , then et the option of The It10RTGAGEE i
hereir., the entire balance due hereunder can be deC~ared due and payab~e in ful! o~ demand by the !
said MORTGAGEE rere:n. ~
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~ (3) Tne MORTGAGOR herein shall not further er,cumber this property, except by obtaining the permission ~
~ of the MORTGAGEE herein.
(4) The MORTGAGOR hereir~ will at the request of the MOR7GAGEE herein, refinance the first mortgage .
no~rv en=umbsring this prop~rty at any time deemed desirable by the MOR7GAGEE herein. The pro-
ceeds of said refinancing to be appfied against the unpaid balance ~ue hereunder.
(5) The N10RTGAGOR herein wii! at th~ request of the h10RTGAGEE herein acknowledge this mortgage
and the amount stiil du~ at the time of the request on a form provided for this purpose by the MORl'-
GAGEE. I
I(6) Failure on the ~art o~ ihs MGRTGAGOR ta comply with, perform, or abide by any of ihe agreements, I
stipulations, condition; and cove~ants as set f~rth above in sections l, 2, 3, 4 and 5, empowers the
~I MORTGAGEE nerein, af his aptic~n, to deLlare the entire b~lsnce due hereunder to be due and payable i
at once. Faiiure of the MORTGAGEE herein, to exercis° this option at any time shall not constitute a
ifi waiver of the right to exercis2 this option at some (ater time. j
I~ In the event af foreclcsure of this mortgage deed, the MGRTGAGC~ will b~ held liable enly to the ex- i .
I' rent o~ the Nroperty er,cumoered by this mortga~e deed. i
I THIS 15 A S@COnd MCP.tGAGE DEED. ~~~r~~~~ ~n'i ~
1(9) THIS IS A .~t~ONEY MORTGAGE DEED.