HomeMy WebLinkAbout2427 , MORTOAO[ O[[D RAMGO I011M Rt•
?OM~ ?ORM
159265
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F~xecae«i ~he Sth aQy oJ Auguat A. D, t9 67 by
Reqinald c3ordon and Lula eelle Oordon, his wife,
~wreinalter c~aj~ tke rnortgagor. !o V8191^~9 V. HSZ'Z'18
~~retna~ler calle~I the moMgaeee:
(wraeYe: wed ~e.e;a th~ ur~ • ,~d ••~erWaee•• i.clree a~ t~e Mrtie, a eW i.a..i.~est ad ~e ~arsj
kpl reyee+ewntives aad ar~s ~o~(y
~ii~i~d t~e sraoe~xs aai sisri of o~ontie~: ~ t4 Ier~ '~eu'
i~cluda dl tYe was re~ei~ deun~d iI ~ae e~c.)
~~In(~~ thnt (or good and unluable onnsid~nattons. and a4o in ecnstd~rotion oj tht apgn :
gate sum named tn ihe promiasory note of even c~ate htrewit~. hereino~tK discTi~. t~u ~nortgagor h~e+~-
by granb. ~9aina. seus. n~iero. ?en~ises. conveys anc~ oonfirnu urito ttit rnortgagst nU th~ cwtatn ~antj
o( whicl~ fhe mortgagor ts now seized and in posseasion stfuate in $t. LtiC~6 Co~4•
Fbrida, viz:
Lots 24 and 25, B1ock 6, SL DORADO SUHaIVIS~ON, accordinq to
the plat thereof as recorded-in plat book 8, at page 2, of
the public records of St. Lucie County, Flor3da.
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~ IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
COVENANT AND AGREE THAT:
(1) _ The MORTGAGOR herein shall make within 7 days of the due date, the payments called
for in the 18t mortgage now encumbering ihis property, fo the MORTGAGEE herein at
h@r office o~ some other place as designated by the MORTGAGEE herein.
(2) The MORTGAGOR herein shall pay within 30 days of the due date al) pertinent charges for fire and ~
v~ indstorm ins~rance, all ad valorem ciy and/or county taxes, any special improvement asseuments and any
other special governmental assessments or charges. ~
(3) If ihe MORTGAGOR herein do not make the payments on the lit mortgage , the fire and
windstorm insurance premiums and governmental taxes or special assessments as they come due, as well as I
the payments called for in this mortgage deed, then the MORTGAGEE herein can at h@r ~
option make these payments, adding said payments made to the balance due hereunder. If any one or all of
the aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at heI
option, without further notice declare the balance due under this mortgage due and payable in full at once
and forthwith place the matter in the hands of an attor~ey for collection or enforcement. In this event all
costs incurred will be chargeable to the balance due under this mortgage.
(4) The MORTGAGOR herein sh311 not further encumber this property except by obtaining WRITTEN per- $
~ mission of the MORTGAGEE herein and any attempt to do so without this written permission will be nul) 4
and void. ~
(5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage ~
now encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pro- ~
ceeds of the said refinancing shall be applied against the unpaid balance due hereunder.
(6) The MORTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing, i
the existence of this mortgage and the amount still due thereon on a estoppel form provided for this pur- ~
pose by the MORTGAGE~F .
Failure on the part of the MORTGAGOR to aomply with, perform, or abide by any of the agreements,
stipulations, conditions and covenants as set forth above in sections 1, 2, 3, 4, 5, 6, empowers the MORT-
GAGEE herein, at his option, to declare the entire balance due hereunder, to be due and payable at once
without notice. failure of the MORTGAGEE herein, to exercise this option at any time shall not mnstitute a
waiver of the right to exercise this option at some latsr time.
(8) The MORTGA~OR further agree that this mortgage oonstitutes the entire contrad between the par-
ties hereto, that they have read the provisions of this mortgage and the note it secures and that they are aware
of their right to have their own attorney examine said mongage together with the said note it secures and
advise them as to it. 0 c: ~'"j .)1 ~
~ MORTGAGE. ~ ut'" 1 ~ 1 ' t ~7
(9) Tfiis ~s a
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