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HomeMy WebLinkAbout1741 i MO~i6A0~ DiiD DilW'f f0lM 7i Manrfocl~r~d o~d for ~al~ bi TM H. i W. Dr~. Ce~+po~~ ' YO CO~rORATIOii FROM tN01V10W1 Jo~t~oerfll~, i~wldo ~ l ~ / - - F:.~-Prutntl t{~c~ 1St c~ay o( M3I'Ctl r1. I). 19 ~is E,y F~anklin A. Harris and Valerie V. Harris, his wife {?er~inaJtf~r called the mortga~or, tu Harris Construetion Carporation n corporation existiri~ unc~er fhe ~aws oJ l{?e state o~ Florida , u~ith ifs permnnerit pvsto~fice ~dd~~s5 ai 106 .~rcade Building, Fart Pierce, Florida . {~ereina~tvr callecl the mortgagee: 1 Whercvrr u~td herein tht ternu "mortga6or" and "mor[gasee" iuclude all the partie~ to thi~ imtrument ond the 6ein, ltgal reprtxntatirn and ~ssi~tn~ o! individuab, and the succeaxin and as+iSm o( corporations; and the term `bote" include~ ~ll the notn 6eroin ckxribed it morc than onr.) ~~ln~~lll~ !{iat f or good and valua6le considerations, and also in consideration o( the aggre- gate sum named in the prnmissory nole of even date herewit{?, jiereina)ter described, tF~e mortgagor he?e- hy yrants, 6argains, se~Gs, aliens, remises, con~eys anc~ confirms unto thp mortgngee al~ the cerlain iQnd o~ whic~i the mortgugor is now seizecl anc~ in possession aitunte in ~t. Lueie ~'ounty, t'~oric~a, t~iz: ~ Lot 8, Blo~k 5, Southern Pines Subdivision as per ( plat thereof on record in plat boc~k 9, page 68 of ~ the ~ublic records og 5t. Lucie County, Florida. ~ , ~ ~ ~ i ~ . , ~s-~-, I ~ rat oF E~~~Y~ . a,.~`t'..~ ~F,,p ( ,.~C'l:,`• '.L . g~ , . , ~ r_ ~Rw~r > ' r~c. c:~~ . I c - f ~ - - R"~'?,r~ Z ~G,,/ `u~t ~,t~` p~ ~ `c . G - Cs ~ L- _ - } ~ ~~r ~ b9''` 7NE IVtORTGAGOR COVENANTS AND AGREES THAT: (1) 7he MORTGAGOR herein sh~ll rr~ake ihe paymeni S, called for in The 15t & 2L1~d mortgage ` ~ now encumbPring This property, to the MORTGAG~E herein, which payment ~ the MORTGAGEE here- ~ in shall in turn dzliver to the owner S of the said 1S~ & 2Ad mortgage . ~ (2) If thE MCRl'GAGOR herein does not make the scheduled payments as they come due uncier the afore- ` said 1.5~. & 2Tldmortgage , then the MOR1'AGEE here af 1tSoption, can make the said delin- ~ ~ quent payment 5, adding said payment made to the balance due under this mortgage deed. In j tne event if~at the ~'V10RTGAGUR herein does not rr,ake the scheduled payments as tney becorr~e Ju~ ~nder th~ af~resaid lSt & 2Tld , mortgage , then at the option af the MORTGAG~E - herein, th~ entire balance due hereunder can b~ de~lared due and payable in fuil ~n c~emand by the said I,AORTGAGEE herein. `s ~ ;3~ The MORTGAGOR herein shafl not furtiier encumber this properiy, except by obtai~ing th~e permission ~ of the ~1AORTGAGEE herein. ~ (4) The M02TGAGOR h~rein will at the request of tn~ ,^AOi2TGAGEE h~rein, refinance the rirst mcrtgac~e ~ ~ row encumbering this proo~rty at any time deemed desirable by the MORTGAGEE herein. The pro- ~ ~ ceeds of said refina~~ing to be applied ~gainst the unp~id balance ciue hereunder. - ~ ~ ; (5) The N;ORTGAGOR n~rein will a' th~ request of the MORTGAGEE herein acl;ror~l~dge this rnortgaqe x and the amo~rt stili due ~t the tima oi thie request on a form provided for this purpase by the MOPT- j ~ GAGEE. ~ I(6) F3iRure an the part of the h10RTGAGOR to comply with, perrorm, or abide by any of ihe agreements, ! ~ ' i stipulations, conditio~s and cov2nants as set forth ab~ve in s~:tions l, 2, 3, 4 ard 5, empowers the ~ ~ ~ MORTGAGEE herein, at his ops:on, to cJeclare the ent:re b~~ance cfu~ h~r^urder to be due and payable ; ~ ~ at once. F3il~re of th~ Pl~Oh7GAGEE nerein, to exercis-~ this cption at ~ny time shali no! ~cnstitu?e a ; vyaiver of the riaht to exerc~se tnis option st some later T;me. ~ !7) !n the event of foreclosure of this morTC~age deed, the MORTG,~,GOn v, ill held liabie only to the ex- ~ tent di the property encumbereri by this mortgage deed. TH15 IS A ~~`~d A'.O~TGAGE D~ED. n R~33 C~~C~ l~urchas~ BUQK v v j9) TNI~ IS A P.',GNEY P~1,0~ TGAGE D~ED.