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Ea~uted ~hA 23rd da~ o/ 8ovsmber - A. D. i966 br
JOHN DO&SQ~T and S~~H DO&S.t3~, hie xifs,
kereinaJter called the mortga9or, to HAR$IS 00]TSTBIIClTIO~T OOBP08?TION
n corporntion existing under the Iaws o/ the Stote o~ Florida , with its permanent postof
fice
add~u ae Boom 106, Arcade Building, ~'ort Pieroe, l~'lorida ,
hereinnjter cnl[ed the mort9agee:
lW6ererer wed be~ei~ ehe ecr~ ud ••so~a~ee•• i~lyde dl t4 p~rties w ti'r i~stru~e~t a~d ~ie ?eus.
ksa~ repreaewntives aad a~u ~d~~~u~ud tie w~ceso~s aad uri~~s of oorporatia~s; aad t?e ur~ •wte••
inchdes all t6e sotn ~etei~ dnaibtd it ~ae oae.)
~LI~nP~~~ that Jo~ 9ood ~d w~i~?bl~ oon~iderotioru, and also in coruideintion oJ the apgre-
gale swn named in the promisso?y note oj eaen dats herewith, hereinaJter descri6ed. the mortgagor hen-
by g.n,~es, bargnir~r, selLs, aliena, ?emises, c~onueps and c~onf
irms unto the mortgagee aU the certuin lartd
o/ w6ich the mortga9or is now seized and in patsession situate in St. zucie County.
Florida, viz:
LOT 17, BL008 SOIITHER~T PINES SIIBDIVISI08, as per plat thereof on
record in plat book 9,
page 68, of the public records of St. Lucie County, Florida.
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~ THE MORTGAGOR COVENANTS AND AGREES THAT:
~ (1) The MORTGAGOR herein shall make the payment S, called for in the 1 St mortgage
~ now encumbering this property, to ihe MORTGAGEE herein, which payment B the MORTGAGEE here-
in shall in turn deliver to the owner of the said 1 St mortgage ~
~ .
~ (2) If the MORTGAGOR herein does not make the scheduled payments as they come due under the afore-
~ said 1 8t mortgage , then the MORTAGEE here at it8option, can make the said delin-
` quent paymenlS , adding said payment 8 made to the balance duL under this mortgage deed. In
'3 the event that the MORTGAGOR here~n does not make the scheduled payments as they become dus
~ under the aforesaid 1 St mortgage , then at the option of the MORTGAGEE
~ herein, the entire batance due hereunder can be dedared due and payable in full on demand by the '
,.:1 said MORTGAGEE herein. ~
(3) The MORTGAGOR herein shail not further encumber this property, except by obtaining the permission
= of the MORTGAGEE herein.
(4) The MORTGAGOR h~rein wil! at the request of the MORTGAGEE herein, refinance the first mortgage ;
a? now encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pro-
ceeds of said refinancing to be applied against the unpaid balance due hereunder.
- (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein acknowledge this mortgage ~
and the amount stiil d~e at the time of the request on a form provided for this purpose by the MORT-
= GAGEE. ' _
(6) Failure on the part of the MORTGAGOR to comply with, perform, or abida by any of the agreements,
= stipulations, conditions and covenants as set forth above i~ sections 1, 2, 3, 4 and 5, empowers the
~Y~ MORTGAGEE herein, at his opt~on, to detlare the entire balance due hereunder to be due and payable
at on;.s. Faiiure of the iV10RT~AGEE h~rein, to °xercise this option at any t~me shall not constitute a
waiver of the righ~ to exertise this option at some later time.
(7) 1:~ the eve~t of foreclosure of this mortgage deed, the MORTGAGOR wifl tie held liable only to the ex-
tent of t'~e property e~cumbered by this morigage deed.
(8) THIS !S A 2~ AA02TyAvE D~ED. O R~~ ~~y
` i;:y} T';!; a PIIROHASS l:~ON~Y MORTGAGE ~~.D. d~ P~ ~W ~
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