HomeMy WebLinkAbout0943 Matwae oe~ oe~w•s,.row ~ ss:. w~r««~ T?. N. a w. a..~ c«.o.•r
YO COMOlATION RbY IND11/t01iAl ~ ~ l~cbMV71N. fl~rtd~
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Ezecuted tl~e lOt2z day o/ Aur9u11t A. D. i9 65 6~
FRi11~lCLIN A. ~RRIB and VAL3RIE V. HARRIS, his Mif~,
heretnafle~ called the mortgagor, to ~1RRI3 CON9TROCPIODT CORFOR~ITIOIT .
a corpowtivn existing under fhe ~awa o~ !he State oj ~j,OL"i(~ , u~ith its pernwnent postaf~ice .
add?~e~s a~ R+ootn 106, l~rcad~e 8uild~nq, Fort Pisrce, Florida .
~ereina~ter callec~ the mortgagee:
o au
(Wbert+sr o~ed 6ereiu tLe termt ud `~~~~ee•~ i~ch~de all 1be pwtia W this imon~auat aod t6e hein.
k~al rep~entstives sad a~m o( i~d~~v'
L and tde s~ooeron and of oorparatroL: ud tLe ters "sote"
indudea all tbt ~May berei~ de~eriibed it ~eare t~u one.)
~~~e~ thnt f
or good and oai~bi~ cn?~.+tderations, and also in conaic~eration o/ tl?e aggre-
gate aum named in the promissory note o~ even date herewit~, herei?un{ter clescri~, t~e mortgagor ~ere-
by grants, ~argains, aelG, aliena, rernises, conveys ancl con`trn~a tuito the mortgctgee a~~ the certain ~artcl
o{ whic~ the mortgago~ is now aeized anc~ in poaaes~Ion situate in ~t. LUC~Q County,
Ftorida ~~z:
LOT 5 BIACl~ 5 300THERLQ PINSS SII~IVISIOLQ, as per plat t2~sreo~ on
reco p at , page , o t ic records of St. Lwcie
Co~xntp, Florida. ~ '
f%
RECH~VED : IN rAYMch'T t~F TA7(ES
~UEON CLASS'C' tNTANGIBCF. PERSpyqt_ ?rZpFeRTY
PURSUANT TO CHAPTER ~f`?4, ?.'75 r?F 1941,
ROGtk r;.~IT(~A~, Cicrk Circvit ~:urt
as Agcnt for CU~.TIS M. 3Ah1=5
St. lnci~ Countr Tax Collector
~y ~
DEPUTY CLERK
THE MORTGAGOR C~VENANiS ANQ AGREES THA7:
(1) The h10RTGAGOR herein shall make the payment B, called for in the lst mortgage
now encumbering this property, to the MORTGAGEE herein, which payment B the MORTGAGEE here-
in shall in turn deliver to the owner of the said 18t mortgage .
(2) If the MORTGAGOR herein does not make the scheduled payments as they come due under the afore-
said ~Bt mortgage , then the MORTAGEE here at 1taDption, ~-an make the said delin-
quent payment8 , adding said payment 8 made to the balance due under this morigage deed. tn
the event that the MORTGAGOR herein does not make the scheduled payments as they become due
under the aforesaid lst mortgage , then at the aptian of the MORTGAGEE
herein, the entire balance due hereurtider can be de~lared due and payable in full on demand by the
said MORTGAGEE herein.
(3) The MORTGAGOtZ herein shall not further encumber fihis property, except by obtaining the pzrmission
~ of tha MORTGAGEE herein.
' (4) The MOR1'GAGUR herein will at the reqvest of the MORTGAGEE herein, refinance the first martgage
now entumbering this property at any time deemed desirabie by the MOR7GAGEE herein. The pra
ceeds of said refinancing to be applied against the unpaid balance due hereunder.
(5) The MOR7GAGOR herein will at the request of the MORTGAGEE herein acknawledge this mortgagE
and the amount still due at the time of the request on a form provided for this purpose by the MORT-
GAGEE.
(6) Failure on fhe Rart of the MORTGA~R to comply with, pe:form, or abide by any of the agreements,
~ stipulations, conditions and covenants as set forth above in s~ctions 1, 2, 3, 4 and 5, empowers the
MORTGAGEE herein, at his option, to deClare the entire balance due hereurder to be due and payable
at once. Failure of she MORTGAGEE herein, to ~xercise this optivn at any time shall not constitute a
waiver of the right to exercise this option at some later time.
(7) In the event of foreclosure nf this mortgage deed, the MORTGAGOR will be held liabie oniy to the ex-
tent ot the prop~rty encumbered by this mortgage deed.
(6) THIS IS A$9C0l1d MORTGAGE DEED. ?~~A
(9) THI5 IS A P'UtCh88@ MONEY MORTGAGE DEED. ~O,.~K Z ~~''t