HomeMy WebLinkAbout1747 MORTOAOC OLEO RAMCO FORM RE6
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I:r~uiMl ~I~~ gtg ~py ~l December A. l~_ ~q66 6y
DAVID LANDERS and SAI,ZY M. I~ANDERS, his wife,
hereinalle~ callec~ Ihe murl~aflor, !o
PHIII P G. NOIIRSE, as Egecutor of the Estate of Marna I. Barr,
Decegs~d. -
tiereinajfer caIIcKI ihe morfgagee:
~NAemer usrd bet*ia ~he t~rms "matsa~~or'~ aad "wartta~e" i~lydr all t6e pattie~ to ~?'s i~suti~e~t a~d ~Me ?ws.
letal npre+enuu~ri and aaisws o( iediv~duals. asd tse su~cessnn aad anisn ot cotporatioas: a~d ~ie tetm •'wte••
inrludn sll tAe wtn 6ereu described it mae tLa~ owe.?
Ihat /or good and i•aluable considerotioru, and also In considemtion oj tl~e aggre-
gate sum nameKl in Ihe promissory note oJ even date herewith, herei~ajter descri6ed, t1~e mortgngor here-
by granfs, har{~ains, s~~ls, a~iPns, remises, conveys nncl conjirms unto t~e mortflagee all the ce~tnin ~and
oj which ~he morf~a~or is naw seized and in possession silunte ~n Indian Riv er County,
~ Florida. i~iz: '
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~ Zot 15 of HAZI~ARB H0~4ES, III~TIT ONE,
as per plat thereof on file in Plat
Book at page -9, of the public
~ records of Indian River County, Florida.
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~ IN ADDITION T THE COYENANTS HEREIN TE~4 ET OIIT T MORTGAGEE
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l. The mortgagor herein shall make within TEN ~S of the
due date, the payment called for in the FIRST mor
ga~g
now
~ encumbering this property, to the FLORID B AT FORT PIERCE
~ shall in turn ~eliver to the owner o~ ~`said~ t~5'1~ mor gage.
2. That the mortgagor herein sha11 make within TEN DAYS
of the due date all payments for insurance, tages (the ue
~ ~ dat e being November lst of each year for tazes and aryq other
payment required by any mortgage or other lien on this property
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- 3. If the Mortgagor herein does mt makE the scheduled
~ payments set out in the gecegding paragraphs as they come due
o~~ i ~ then the mortgagee at his option can make the said delinquent _
= ~ ~ payment and add said payment to the balance due ur~d er 13~is
~ mortga~ deed, and at the option of the mortgagee herein, vrith-
i~~ _ d out notice, ma~r declare the entire balance due hereunder due an
; ~ payable in f'ull by the said mortgagee here in. Should the
~m~~~ mortgagee after the TE ~ Y3 specified elect to place the matte
~o in the ha.nds of an a orney for collection or enforcement
`J ~ c~ (other than foreclosure), the mortgagor will be assessed an
i~) =a o attorney Yee equivalent to one months payment (the sum of
`N ;21.00) •due undet thts mortgage and thia fee will be advanced
o~~' by the mortgagee and charged to the mortgagor. In the event
of foreclosure as hereinafter set out then the other provisions
~ ~ Z~~ a-~ of this mortgage may be utilized.
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io~~ o~ ~ 4. The mortgagors herein ehall not further encumber this
~ propert~r, eacept by obtaining WRITTEN permission of the mortgage
~ herein. ~
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~ 5. The mortgagor herein ~ill at 13~e requesto~ themortgag e
herein, refina.nce the Yirst mortgage now encu~bering_this prope ty
~ at aqr time deemed deairable by ~ mortgagee herein. The proceed
~ of said refinancing sY~all be applied againgt+he unpaid balance
~ due hereunder.
~ 6. The mortgagor herein will at the request of the mort gee
herei.n acknowledge, in wtiting, the existence of this mortgage
~ and the amount still due thereon on an estoppel form provided
for this purpose by the mortgagee.
(continued on following page)
~ BOCK~V'J PACE 54~ '
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