Loading...
HomeMy WebLinkAbout0678 ti ly Motrwo~ aw ouw'f FOMI L iS MMw1~tl~n1 ~d hr wl~ r~. M. a w. F a.. C~iwy~w i~ TO COMOfAT10M /rOM ilO1V10UAl l~ae~vllb. MxiM ~ ~ ~ f* . ` .1.3'" `~+r`~ 1- _ L. , , i r. . i ~ ~ ~ - . ~r ~ ~ Executed the 30th doy oj J~Y A. D. t9 65 ~,y J. P, irq~1?i~ s~ad OL~ 1?~?i l~JR~iI?N, his wifs, hereina/ter caUed the mortgagor, to H~1RAI8 OODTSTALTG"TION CORI~ORiI~TIiOM a corporation existing una~er t~ue ~aws o~ the Stute of ~~R=~ , with its perntnnent posto~~ice «dd?~~s Rr~om~ 106, bRG1~ HU~DIl~t3, l~vrt Pie~rca . ` hereinalter caUeal tl~e mortgngee: ~ (Whereve~ wed 6eeeis d~e tee~ ' a~d "mortpoee" iaclude atl t6e p~rtiaa to t6u ie~Wmeet s~d tAe hsin, IeRal ~pre~sntadva and ~wt ~ot '~i aad t4e w~mcso~s snd arisw of earpo~stion; a~d t6e te~n "note" iacludes all the aota heteiAi de~cribed if mwe t~w oae.) tf?nt jnr good and vnlua6le c~oresiderations, and alao in consideration of the nggre- gate. sum namecl in the pron~issory note o~ even dute I~enewiti?, hereinafter dea~rt~, the mortgagor here- 6y g~ns~, bargains, ser~s, aYieru, remtaea, conveys and confinn~ unta the mortgagee alI the certai?t lartc~ o/ which t1~e mortgngor is nou~ seized and ~n poasession situate in Lucie County, Fbrida, viZ: LG'P 19, gLQCK 4, 90UTHSRN PID]BS SU~IVZBIO~Q ae per plat thereof on rscord in plat book 9, pnqe 66, af t~s public recorda of St. Lucie CountX, Flvrida. Q~ v.~ I ~N "~MgNT OF TAXE~ REC~iVED i i DUE ~N CT j0 CNAPTER 2C1~2d, ACTS OF ig4i~~,~PERTY• PURSUAN • - C1zfk Circvit C~uft Rc~~a Po;~~~e:~ cs Agent frr N T!5 M. 1AMc5 St. lut~ unty 7ox C tcMr ~ ~,y DEPU'iY GLERK ~ i ! ~ ~ I ' I ~ I: THE MORTGAGOR COVENANTS AND AGREES THfi7: { ` ~ - ~_{1) The MORTGAGOR herein shall make the paymentB , called for in the 18t & 2Ad mortgage8 I ' now encumbering this property, to the MORTGAGEE herein, which paymer~i S the MORTGAGEE here- ~ in shall in turn deliver to the owner ~ of the said lSt 6~ 211d mortgage 8. (2) If the MCRTGP~GOR herein does not make the scheduled payments as thay ~come due under the afor~ seid l~~ &~Ad martgage g, then the MORTAGEE here at 1tB~ption, can make the said delin- quent payment8 , adding said payment g made to the balance due under this mortgage deed. In the event that the MORTGAGOR herein does not make the scheduled payments as they become due ~ under the aforesaid 18t & 2IId mortgage B, then at the option of the MORTGAGEE herein, the entire balar,ce due hereunder can be de~{ared due and payable in full on demand by the said MC~RTGAGEE herein. ~ ~ (3) The MORTC.~GOR herein shall not further encumber this property, except by obtaining the permissinn ~ of the MORTGAGEE herein. ! (4) The MORTGAG(JR herein will at the request af the MORTGAGEE herein, refinance the first mortgage ~ now encumbs~ing this property at any time deemed desirable by the MORTGAGEE herein. The pro- ceeds of said refinancing to be applied against the unp~id balance due hereunder. ~(5) 7he N~ORTGAGOR herein wil) at the request of the MORTGAGEE herein acknowledge this mortgage I and the amount still due at the time of the request on a form provided for this purpose by the MORT- ~ GAGEE. F : (E} Failure on the part of the MORTGAGCIR 'c comply with, perfarm, or abide by any of the agreements, G stipulations, conditions and covenants as set forth above in sections 1, 2, 3, 4 and 5, empowers the MORTGAGEE herein, at his opt:on, to decJare the entire balance due hereunder to be due and payable at once. Failura of the MORTGAGEE her~in, ta exercise this option at any time shall not constifiut~ a waiver of the right to exercise this option at some later time. I (7) In the event of foreclosure of this mortgage dned, the MGRTGAGOR wi(! be held liab!e only to the ex- tent af the property encurnbered by thi; mortgage deed. - (8} THIS IS A Th~.td MORTGAGE bCED. bUGK ~~'i 1 lJ ~ (9) THIS iS A p~CYy3sy MONEY MORTGAGE DEED. . `