HomeMy WebLinkAbout1566 i
)r
~ MO\~GAG! DEEO OtfW'1 FOlM R. 1. 3S Moeufocbnd o~A for wl~ b~ ~b M. i W. Dr~w C~a~pon~r
~ TO LO~fORAiION FROM INOIVIWAI lock~envftN. 11~.ido
~ ~
/ ~ ~
t:.YPC!llPd ~f«~ 21~t day oj October A. D. i9 65 6y ~
Franklin A~ Harris and Valerie V. Harris, his wife
herPinaf fPr callec~{ tF1e martgayor, to Harris Canstruetion Corporation
• a rorporation existin~ unc~er 1{?e ~aws o~ the State o~ F~.Or~.C~d , u+ith its permnnent postof~ice '
ndd~ps~ a~ Raom 106 Arcade Building, Fort Pierce, Flarida ,
~ {i~reina(te~r calletl fhc~ mortga~ee:
~Wherc~er urd Aercie the terms "mortgagor" sad "mortgsscd' ioclude all the parlin to thia instrument and the hein,
kgal reprcxntative~ and xssiRm o( individuatf, and the succeuon and aaign~ ot torporatiom; and tAe term "note"
includes all [hc notn hereio deacribrd it more [6an onr.)
~~t~~se~~ that jor ,yooc~ and valuable considerations, and also in consideration o~ the a~gre-
I yute sum namec~ in lhe promissory note o~ even date herewith, hereinafter aescri6ec~, the mortgagor here-
by c~rants, 6ar~ains, sells, a[iens, remises, canueys and can(irms unto the mortgagee all the certain land
o) u~hicFi the mortga~or is now seizec~ nnd in possession situate in $t, Lueie County.
I'~oritra. viz:
Pin s Subdivisian as r plat `
Lo~ 20, 31ock 4, southern e Pe (
thereof on record in plat book 9, ?~age 68, of the pubiic ~
recorcls ~f 5t. Lucie County, Florida
c
~N~ ~,r ~XES
~ y`(~
i 4 i~ ~L,1~~'.. .?`.'~~.Y
a+' ' ~ 1 ^ 1_ 1'"~ •
Rc~.~~~N~C ~ r G'~ E'~2~'~(.4. P~.~~- ti7S~~
•~i~.!~ -F~ k t r,;..u:t
r F,SIR` l;?.NT j._ 'C~°r L~/ ~15
; ii`~ 3:~ C;~~ y'r~ i~w~-.51.~
AG~,~t {,;~y .tux ~u'~'tOf
SS.1~ ~ ~ G~~~~'u~Y...c~
~ ~1 .
I
I
I .z
~ THE MORTGAGOR COVtNANTS AND AGREES THAT:
I(1) 7he 1410RTGAGOR herein shail make the payrrient5 , called for in the 2nd & 3Y'd mortgage ~
i now encumb°ring this pro~,erty, to the MORTGAGEE herein, ~vhich payment S the MORTGAGEE here- I
in shall in turn daliver to the ovrner 5 of the said 2n~' & 3rCi mortgage .
(2j ff the MORTGAGOR herein does not make the scheduled payments as they come due under the afore- ~
said znd & 3zC~nortgage , then the ~.10RT~AGeE here at ~~~opt;on, can make the said delin- ~
:~uent payment S, adding said payrnent s made to the balance due under tnis mortgage deed. In
tne event that the ~'NOR7GAGOR herein ooes not make the schedulec! payments as they b~come due ~
under the aforesaid ZI1d & 3Y'd , mortgage , then at the option of tne ti10RTGAGEE
herein, th~ entire balance due hereund~r can b~ declared due and payable in fu;l on demand by tne ~
said MORTGAGEE herein.
:
~(3) The MUR7GAGOR herein sha~l n~t f~rtner encumber this prap~rty, except by obtaining the permission ~
I of the /J~QRTGAGEE h~rein.
I(~) Tne (~110RTGAGOR h~~e;n w;;l at the request of the MtiRTGAGEE herein, refinance the `irst mortgage
na~v encumbering this property at any time deemed d~~irabie by the ,ti10RTGAGFF herEin. The pro- ~
ceeds of said refinancing to be applied ag~inst tiie unp.~id balance due hereunder.
(5} The h10RTGAGJR herein will at Phe request of the A10Rl~AGEE here~n ackno~rvledge lhis mortgage I
and the amount still ~1ue at th~ time oi tne reque,t cn a form provided for this purpose by t'r~e MOR7-
GAGEE.
(6) Faifure on the part of the MORTGAGOR to camply with, perform, or abide by any of the agreements,
~ stipulations, cenditior,s and coven3nt=_ as set forth dbove ~n settions t, 2, 3, 4 ard 5, empowers the
~'J~ORTGAGEE herein, at his opt:on, to deylare tFe ent~re bs~~~nce due h~re~nder to be d~e and psyable
I at once. Failure of The MORTGAGEE herein, to ~xercise 4his option at any Timc. >hall not constitute a
~vaiver of th2 right to exercise tnis o;~fion at some later time.
(:~j In the e•~~nt of foreclcsure of this mortgag~ deed, th= MOP.TGAGOR will be held !iab!e oniy to *he ex-
i
tent of the prcperty en~umbered by tnis m~rtg~ge deed.
'+(8) THIS i~ A ~~~a~~ /J~GRTvAGE DErD. BUOK~V~ ~j
I(9) THIS IS A 1`Y+ONEY MORTGl~v~ DEED. ~ ~vO
t .