Loading...
HomeMy WebLinkAbout0525 ~ MORTOAOt O[t0 RAMGO /011M R[~ ION~ 1011M 165`731 ~ ~ r? • EXe~cu~ed i6e 15th day oJ March A. D. t968 6r Albert Ben jamin and ~iildred Ben jamin, his wife ~ 1~weinajter ealled the mo?tgogor, eo St. Lucie trbrtgaqe Company 6ereinajeer cnilect ehe mort9agee: (w?ereve~ wea rae;. t\e Iere. • •„d ••,,er,p~ee,• i.a.ae .r a. Nro.. r a: i~a~e~t ti. r«rs~ IeP~ rep~aeautivea ud ar~r ofy ' a~d t4 w~oeeaars ari ~~a e( pe~eradw; ~i tM ~n~ "MIt iwdrdes ~q Je wtea ~a~ci~ .daa~ed i! ~we o~e.) ~~,K~~ ~Or gOOd Arid Vajitab~ OOiIt~O~ll. ~1t C~WU~l7~0~~! O~ ~jlf OQ~~+f = gate sum named in l1~e promiasory note o~ enen date ~+ewttl~, I~sr~tna~tor dacTi~. t1~ nwrlgagor by g~ana. bargatns. seUs. aliens. ?e~niaa. oonve~r: and ow~/trnv uneo eh. ~no~tgag.. all eT.. cwto+,s bnd o/ which tl~e tnortgugor ia no~u seized and in possesdon situate in St. LuCie Countp. Ftortda. viz: Lot 10, Block 1, Southern Pines Subdivision as per plat thereof on record in Plat 3ook 9, Page 68, of the Public Records of St. Lucie County, Florida. ti a s ° v a U ii A ~ 3 r~. t '-amn Q Z Q Y p I/' IN PArN~ P~PE~ 3~ W rt- ~ ~G~~.C. ~~wN61~14 AGT~ ~ 1941. ~ z r W ~E~ TpCHAP1ER2~ L d o Z z ~p~l1?NT~~S, ~vit G.wrt ~ J ~ W ~ z=< a a, ~~~R~.,! ~~R?IS M. lAMfS N ~ ' r Of ~Mi~"' TA7[ ~et10~ ~ ~ O ~ C~/ ~ ~ DEPUTY i ; 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 lst mortgage now encumbering this property, to ihe MORTGAGEE herein at 4 its office or some other place as designated by the MORTGAGEE herein. ~ (2) The MORTGAGOR herein shall pay within 30 days of the due date all pertinent charges for fire and windstorm insurance, all ad valorem city and/or county taxes, any special improvement assessments and any other special governmenta) assessments or charges. (3) If the MORTGAGOR herein do not make the payments on the lst mortgage , the fire and ~ windstorm insurance premiums and governmental taxes or speciaf assessments as they come due, as well as the payments called for in this mortgage deed, then the MORTGAGEE herein can at its option make ihese payments, adding said payments made to the balance due hereunder. (f 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 balance due under this mortgage due and payable in full at once and forthwith place the matter in the hands of an attorney for aollection or enforcement. In this event all costs incurred will be chargeable to the batance due under this mortgage. ~ (4) The MORTGAGOR herein shall not further encumber this properfy except by obtaining WRITTEN per- - mission of ihe MORTGAGEE herein and any attempt to do so without this written permission will be null ~ and void. ~ (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage ~ now encumbering this properfy at any time deemed desirable by the MORTGAGEE herein. The pro- ~ ceeds of the said refinancing shatl be applied against the unpaid balance due hereunder. ~ (6) 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 estoppel fo~m provided for this pur- ~ pose by the MORTGAGEE . ~ Failure on the part of the MORTGAGOR to comply with, ~sferm, or abide by any of fhe agreementa, ~ stipulations, conditions and covenants as sei fo~th 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 onoe ~ without notice. Failure of tfie MORTGAGEE herein, to exercise this option at any time shall not constitute a ~ waiver of the right to exercise this option at some ,Jater time. ~ (8) The MORTGAGOR further agree that this mortgage constitutes the e~ti~e contrad between the par- ties hereto, that they have read the provisior~s of this mortgage a?~d the note it secures and that they are aware of their ~ight to have their own attorney examine said mortgage together with the said note it sewres and advise them as to it. (9) Th~s ~s a` ~Xxx second MORTGAGE. B~C~ p7Ct 5~ = ~ - - - _ _ - - ~ - _