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Home My WebLink About0266 wwwa.v ~vRw naw TO COwrORAt10N lRON INOIYIOVAI ~ .~sss~s ~ ~ ~ Exec~ted the 12th aQy o~ January A. D. i9 68 6y Jimmie L. ~hompson and Juanita ~rhompson, his wife herelnaJter called tf?e mortgagor, ~o St. Lucie Mortgage Company a c~o?poralion existi~g under fhe laws o~ f~e $tafe o/ Florida , u~ith ifs pernw?sent poato~~ice ndd?~ss o~ 133 N. 4th St., Fort Pierce, FZorida ~ereinn~ter cal~ tl?e marfgagee: w (1Nhe~erer wed 6e~eis Uie term~ and "mortia~ee•' i~clude all tAe partia to t6a imtrumcat ud t?t iein, kRa! repreaeauares and ar~m ~o! i~ab, and tDe wcce~so~s asd anis~s of corpoeatioas; ud tAe tera ~wote•• iKludes all tAe wta Serci~ de~cribed if aae ~Yas oae.) ~l~1nP~~~ fhat (or good and nalua6le c~onside?ations, and abo tn rnnslderation o/ ti~e ngqre- gnte sum named in t~ie promissory note o/ even dute he?ewttl~, hereinnJte~ de:~6~d, the mo?tgapor here- by 9.w~~s, barguins, sella, altens, remisea, conveys and wnjirnu unto the rnortgagee all the certain land o~ whic% t/~e morfgago~ is nou~ aeizec~ anc~ tn possesston stfuafe in St. Lucie County, Florida. vts: Lot 6, Block 2, Southern Pines Subdivision as per Plat thereof on record in Plat Hook 9, Page 68, of the Public Records of St. Lucie County, Florida. 0 ~ . ~ iM ~A~ti1~ • ~ ~~~R~2 M~. o.l~~ ~ R ~ ~o~`SW~ N` ~~ES . a, ~~Tox~ ~ _ ~ IN ADDITION TO 7HE 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 payme~ts called for in the lst mortgage now encumbering ihis property, to ihe MORTGAGEE herein at offioe or some other place as designated by the MORTGAGEE herein. (2) The MORTGAGOR herein shall pay within 30 days of the due date ail pertinent charges for fire and ' windstorm insurance, all ad valorem city and/or county taxes, any special improvement assessments and any other special governmental assessments or charges. (3) !f the MORTGAGOR herein do not make the payments on the 1 st mortgage , the fire and windstorm insurance Qremiums and governmental taxes or special assessments as they come due, as wefl as the payments called for in this mortgage deed, then the MORTGAGEE herein can at its 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 its option, without further notice declare the batance due under ihis morigage due and payable in full at once and forthwith place the matter in the hands of an attorney for collection or enforcement. In this event all costs incurred will be chargeable to the balance due under this mortgage. (4) The MORTGAGOR herein shall 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 nulf and void. (5) The MORTGAGOR herein will af 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. (b) The MORTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing, the existence of this mortgage and the amount still due thereon on a estoppe) form provided for this pur- pose by the MORTGACEE . (n Failure on the part of the MORTGAGOR to comply with, pe~form, or abide by any of the agreemenis, ~ stipuiations, conditions and cove~ants as set fonh above in sections l, 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 constitute a waiver of the right to exercise this option at some later time. (8) The MORTGAGOR further agree that this mo~tgage oonstitutes the enfire conirad 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 mortgage together with the said note it secures and advise them as it. '''f !9) Th;s is a~Q~K~ /0 P~'iE Z~NEY SeCOIId MORTGAGE. € , - ~ ~ _ ~'v~ ~ .~-r~~. - ~ ~ t - ~ z;. :