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TO COMOfAT1ON f~OM 1lIDIYIOUAI. loct~MV11M. /Iwide
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Execut~?d thp 20th ~ay o~ JUll,y A. n. ~9 65 6y
~OHY D08SlB and SABI~l~. DORSA~T, hi• xit'~,
hereinaJter catled the mortga9or, to HARBIS COHSTBQOT IOH COBPQRIT IOg
a corporntion existing under the laws af tl?e Slate o~ ~OY'id~? , with its permnnent posto/f ice
add~ss ar$oos 106, Arcade Building, ~'ort Pieres ,
hereina~ter callecl the mortgagee:
(WSercver used herein tLe te~ms "mort~a~or~ ~nd "mort~a~ee" ieetude ali tbe qrtia to this imtrument aod tse 6ein,
IeRal represenutives and ~ai m o! ind~' 'duals, ~nd tae wceeron aad arisne o( eorporatiom; and tbe term "uote'•
incl~des ~11 dre aotea hereia ~bed i( more tdn one.)
~L~~~ that )or good and valuable considemtia?u, antl aLvo in coruideration o/ the aggre-
gate Rum named in the promissory note of even date {terewitk, {?ereinaf ter deacri~ecl, tlas morigagor here-
by gronts, bargains, se[Is, alie?ta, remises, conveya and con/irnv unto the mortgagee aIl the rertafn land
o~ which the mortyagor is now seizec~ ant~ in possession situate in Sti s LL1C~e C.'ounty,
Florida, viz:
LOT 17, BZOQK SOIITHRR~T P~Bffi SIIBDIYISI08, as p~r plat thereoi on
record in plat booY 9, page 68, ot the publia records oi St. Lucie
County, l~lorida.
- . , .
to/ ~ I
- 1V r'.•': !'.'YT Or : AXES
. . , : •r 'i?3~_~ Pc:~`'7':AL ?r?qPERTY,
. .:R 2J', :;'~S!ip 1931,
r _ . . , t.i:(K t.ir~l~ii C.;l'f~
as /'.~;•~r,t f^r !'U?T1S /~i. JA1:;c5
St, laci~ unty 7ax C ector
~y
aiPUrr c~~
TNE MORTGAGOR COVENANTS AND AGREES TFiAT:
(1) The MORTGAGOR herein shall make the peyment 8, called for in the 1 St dt 2Ild mortgage S
now encumbering this property, to the MORTGAGEE herein, which paymenfi ~ ihe MORTGAGEE here-
in shall in turn deliver to the owner S of the said 1 Bt dc '~eYld mortgage8 .
(2) If the MORTGAGOR herein does not make the scheduled payments as fihey come due under the afor~
said 1 Bt de 211f~ mortgage 8, then tne MORTAGEE here af ~'tBoption, can make the said delin-
quent payment 8, adding said payment S made to the balante due under this mortgage deed. In
the event that the MORTGAGOR herein does n~t make the scheduled payments as they become due
under the aforesaid 1 Bt dc 2II$ mortgage , then at the option of the MORTGAGEE I
herein, the entire balance due hereunder can bs dec~arsd clue and payabie in fuil on demar.d by the
said MORTGAGEE hsrein.
~ (3) The MORiGAGGR herein shall no4 further encumber this property, except by obtaining the permiss~on ~
of the MORTGAGEE harein.
(4) The MORTGAGOR herein v~ill at the request of the MORTGAGEE herein, refinance the first morigage
r~ow encumberirg this property at any time deemed desirabie by the MORTGAGEE herein. The pro-
ceeds of said refinancing to be applied against the unpaid balance due hereunder.
(5) The MORTGAGOR herein wili at the request of the M,URTGAGEE herein acknowledge fhis mortgage
and the amo~nt still due a1 the time of the request on a forrr~ provided for this purpo$e by the MORT- ~
1 GAGEE.
(6) Failure on the ~art of the M02TGAGOR to comply with, perform, or abide by any of the agreements,
stipulations, conditions and covenants as set forth ab~ve in sections l, 2, 3, 4 and 5, empowers the
MORTGAGEE herein, at his option, to dec,lare the entire bafance due hereunder To be dus and payable
at once. Failure of the MOitTGAGEE herein, to exercise this aption at any time shalf not constitute a
waiver of ihe right to exercise this optian at sdme later time.
In the event of foreclosure of th:s mortgage deed, the MORTGAGOR ~iil be held liable only to the ex-
tent af the property encumbered by this mortgaye deed.
(8) 1'NIS IS A Third MORTGAGE DEED. R~
=.~;~1?~
(9) THIS IS A SQCO]'id h~.ONEY MORTGAGF DEED.