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HomeMy WebLinkAbout1747 MORTOAOC OLEO RAMCO FORM RE6 ~.ow so~w ~ ~ ~ s 11 ~ i . 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: ' ( I ~ 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. ~ ~ IN ADDITION T THE COYENANTS HEREIN TE~4 ET OIIT T MORTGAGEE . ~ x - 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 ~ ~ - 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. ~ io~~ o~ ~ 4. The mortgagors herein ehall not further encumber this ~ propert~r, eacept by obtaining WRITTEN permission of the mortgage ~ herein. ~ 1 ~ 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~ ' - ~ ~ > ~ _ ~ „ ~ a r°s % ~ r~- -~cr-5~-~~T^"~ g ~ -°-r - :c„%'~; _ _ ~ ' ~~3~~~~3...~ . ~ _