Loading...
HomeMy WebLinkAbout0528 _ ' MORTdAO[ ~ttO RAMCO rORM Rti~ To eo~wueTaw rso~ u~on~ouw~ b ~ ~ ? Execoe~d ehe 20th day oJ March A. D, t9 68 6y Bernice Peeples Paulk, formerly krawn as Bernice Peeples, a sinqle adult, and Sddie B. Paulk, husband and wife. hereinaJter called the moregagor. eo 3t. Lucie MQrtgaqe Company a~.neton e~,etng u,~d~ ~he lows oJ ehe Seat. o( Florida , with ib parmanent postoJJtoe add~u ae 133 N. 4th Street, Fort Pierce, Florida ~er+et.w/fer caUed ei~e mortgagee: (wlnerer ~.ed ~aa~ d~e hr~ '•iu~~ud '•~ae~p~es•• iadnde a8 t~e p~nis ~s tW i~trYtac a.d tL~ ?w+. le~pl repe~ewntiva ud ~~s ~o~t ud 1?s w~cceson ud a~r ot eorpaeatior: ud tM ee~~ ••~oee•• iwelYda all tle wa~ ~erei~ dearibed i/ ~a~ o~e.) ~~I~~~~ t6at /or good and ~uluable ooruiderntiora, and abo in ~onaideration oj tl~e ag~re- gate aum namec~ in !he promluory note oj enen dnte i?erewith. hereinajier ~eacri~. the mortgapor h~re- by grants. bargaina. seua. altens, remtses. c~onveys and confirnu unto t~ie n~ortgagee aU t1~~ cwtatr~ ~and o~ which tf~e mortgagor ia now seized ond in possesston situate in $t. LUC1@ Co~h. Florida. viz: • Lot 18, 31ock 4, Southern Pinea 3ubdivision as per plat thereof on record in Plat Book 9, Page 68, of the Public Records of St. Lucie County, Florida. o~t+~. G ~ 111 r~~~*~~Ii~ 2 J ~.E PE~F s ~~1EaZO~2~ ".~jG ~A ~"'_o~ ~tJ~o~N!!~~+k ~ES } N~~ R ~tjR, ' ~S t'A''~ • ~ o ~~t f°'t ~V jOx CA~~ ~ c~ o ~ p~Pv a W ~ ~ $t. a N ~ M ~~3w~ M . ~Z~~g r ~ i ~ ~ 2 ~ y ~ o i~ IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS ~ ? z< ~ Q, COVENANT AND AGREE THAT: ~ Z~ (1) The MORTGAGOR herein shall make within 7 days of the due date, the payments called ~ w_ for in the lgt mortgage now encumbering this property, to the MORTGAGEE herein at ~ its office or some other place as designated by the MORTGAGEE herein. (2) The MORTGAGOR herein shal) pay within 30 days of the due date all pertinent charges for fire and , windstorm insurance, all ad valorem city and/o~ couniy taxes, any special improvement assessments and any ~ other spacial governmental assessments or cha~ges. ~ (3) If the MORTGAGOR herein do not make the payments on the lst mortgage , the fire and windstarm insurance premiums and governmental taxes or special 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 these payments, adding said payments made to ihe 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 furiher 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 collection or enforcement. In this event all msts incurred will be chargeable to the balanoe 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 wil) be null ~ 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 shal) 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 form provided for this pur- pose by the MORTGAGEE . ~ (n Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the ag~eements, • 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 batance 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 laier time. (8) The MORTGAGOR further agree that this mortgage oonstitutes the entire controd between the par- ties hereto, that they fiave 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 s~dRn9~ secures and ~ , advise them as ro it. ( BOOK 1/~, PACE 5 (9) This is a 11RAM!"1 SL°,C~ ~ N.Q• MORTGAGE. - , - - _ _ " ~~r = .