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Ex~u~ed th~ 16th day of 3sptenbsr A. D. ~9 65 6y Y
MA&Y I~OIIIS~ 80B$RTS, a eiagle adult, °
i?ereina/ter called the moreflagor, to H~B&YS OONSTxU0TI0~1 ~ORPORATION
a corporation existing una~er t~e ~aws o~ tj?e $tate o~ ~i~~~~, , with its permanent poata(~ice
add~ ae Eoam 105, ~rcade Building, ~'ort Pierce .
- hereino~ter ca~~{ t~e mortgagee:
( Wherever med ~ere5a t6e texmc •~mor•---~,~~~ aed ••sort~+iee~~ iaclude all t6e partia ta thu imtrumeat asd tLe 6cin,
kRal ~n4tiva ~nd a~m ot isd~v~ui~ ~sd t6s waew~rs aad miRm ot eorpora[ioat a~d ti~e term "notc~•
inch~des all the notea hereii deacribsd it oort t~ oae.)
~ ~IILJ~[Lil~ that ~or good and valuable rnnaiderattons, and a[so in conrtderution o f the a99re- ~
gate aum named in the promiaaory note of enen date hereu~ith, 1?ereinnf ter descri6ed, t{~e mortgagor here-
by gwnta, borgnins, sells, alivna, remues, conueya and con{irms wito the mortgngee all the certatn land
o/ ml~ich the mortgagor ta now aetzed and in poaaeaa~on sitx~ate in St • L~2C1@ Countq,
F~oridn, viz:
~ LoT 9, BLOCK 2, SOIITHEBtit PINES SIIBDIYISIO~ as per plat ~thereof on
record in plat book 9, page 68, of the public records of St. Lucie
_ COUnty, Florlds.
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l.u~~Cc:+nty Tax Co , tor
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?~PIiTY C~~ftK ~
~ THE MOIiTGAGOR GOVENANTS ANb AGREES THAT: `
(1) 7he MORTGAGOR herein shall make the payment 8, called for in the i et mortgage
now encumbering this property, to the MORTGAGEE herein, which payment $ the MORTGAGEE heic-
in shall in turn deliver to the owner of the said 1 8t martgage . -
(2) If the MORTGAGOR herein does not make the scheduled payments as they cnme due under the afor~-
said 1 Bt mortgage , then the MORTAGEE here at ~t8optian, can make the said delin-
quent payment , adding said payment s made to the balance due under this mortgage deed. In
the event that the MORTGAGOR herein does not make the scheduled payments as they became due
under the aforesaid 1~t, mortgage , then at the option of the MORTGAGEE ~
herein, the entire balance due hereunder can be declared due and payable in fuif on demand by the (
said MORTGAG~E herein.
~ (3) The MQRTGAGOR.herein sha11 not further encumber this praperty, except by obtaining 4he permission
of the MORTGAGEE herein.
{4) The MORTGAGOR herein will at the request af the MC7RTGAGEE herein, refinance the first mortgage
now encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pro-
ceeds of said refinancing to be appfied against the unpaid balance due hereun~er.
(5) The MORTGAGOR herein will at the request of the MO~TGAGEE herein acknowledge this mortgage
and th~e amount still due at the time of the request on a form providEd for this purpose by the MOR7-
GAGEE.
(6) Failure on the part af the MORTGAGUR to comply with, oerform, or abide by any of the agreements,
stipulations, conditions and covenants as set fartk~ above in sections 1, 2, 3, 4 and 5, empowers the
MORTGAGEE herein, at his option, to dec,lare the entire bafance due hereunder to be due and payable
at once. Failure of the MORTGAGEE herein, to exercise this option 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 of this mortgage deed, the MORTGAGOR will be held liable only to the ex-
tent of th~ property encumbered by ihis mortgage deed.
; (8) THIS IS A S~COIId MORTGAGE D~ED. gQQK ,t~7 ~~E
~ (9) THIS IS A Purchase MONEY MOR7GAGE DEEp. .