HomeMy WebLinkAbout2114 MORTaAO[ Ot[~ RAMCO FORM Rtlf
TO COA~011ATION IIIOM INOlY10YAl
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Executgd th~ llth d°~ July A. D. t9 68 6y
Frank Martin and Theresa Martin, his wife
kereinu~ter called tl~e mortgagor, to $t. Lucie Mortg8ge Compsny
a corpomtion existing under the ~aws o~ the $tate o/ Florida , with its permanent pwloj~tce
address at 133 N. 4th Street, Fort Pierce, Florida
heretnajler cal~ Ihe rnortg~ee: ~
(W6c~ever a~cd 6erei~ tk ure~ ' a~d ••mo~eprec•• ;~cl~de all ~le p~rties a tlia idtrume~t aad t4.?an~
kRd nPRUautiva aad as~ ot ~ a~d tAe ~oca~o~s a~d arisd o( cwporatio~+: aad tbe ee~ '~o~c'
iaclwles aq the ~oas rerw~ 'dapcribed it awe ltus we.)
tkat (or 9ood ~d ~[~,ble ro.u~demtions, and aGo in c~orutder+ation oJ ihe agAre-
gale swn numec~ in l1~e promisaory note o~ even dale herewif~, I~ereinajter deacrtbed. t~ie mortgagw her~e-
b~ a:w.:~. .L...-.a.:: :~!!s, uliens, remtses, conveya and conJirma unto the mortgagee all t1~e ce?tatn land
o~ which fhe mortgagor is now seizecl an~ in possessfon aituate in St. Lucie County.
~ Fbrida, viz:
s Lot~12, Block 8, Sunrise Park #1, as per plat thereof on file in Plat
M a 3~ Book 8, Page 42, of the Public Records of St. Lucie County, Florida.
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IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
COVENANT AND AGREE THAT:
(1) The MORTGAGOR herein sh~ll make within ~ days of ihe due date, the payments called
for in the lst morigage 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 shall pay within 30 days of the due date all pertinent charges for fire and
~ windstorm insurance, all ad valorem city and/or counfy taxes, any specia) improvement assessments and any
othsr special governmental assessments or charges.
(3) If the MORTGAGOR herein do not make the payments on the lst mortgage , the fire and
windstorm insurance premiums and governmenta) taxes or special assessments as they come due, as well as
the payments called for in this mortgage deed, then the MORTCaAGEE 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 balance due under this mortgage due and payable in full at once •
and forthwith place the matter in the hands of an attornpy 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 propery except by obtaining WRITTEN per-
rnission of the MORTGAGEE herein and any attempt to do so without this written permission will be nul)
~ 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.
~ (b) The MORTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing,
the existence of this mortgage a~d the amount still due thereon on a estoppel form provided for this pur-
pose by the MORTGAGEE .
Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
~ stipulations, oonditions 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 ihe MORTCAGEE 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 mortgage constitutes 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 mortgage together with the said note it setures and
~ advise them as to it.
(9) This ~s a MONEY MORTGAGE. 80GK~~~v ~~~-Z~a3
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