HomeMy WebLinkAbout1090 • MORTOAOi O[[O RAMCO rORM Rt~
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Executed the IITH day o/ NOVEMBER A. D. ~q68 br
FRANKLIN A. HARRIS AND VALERIE V~ NARRIS. HIS WIFE
I~ereinnf te~ called ehe mort9agor, to HARR I S CONSTRUCT I ON CORPORAT I ON
n rnrporation existing under the laws oj the State oJ F LOR I DA~ w~th +e, permanent postoJ/tce
add~s, ae 106 ARCaDE Butt.~tN~, FORT PIERCE. t'LORIDA~
l~eretnafter ca~~ the mortgagee:
(w6ae.er ..ed 6e~ei. tM Icre. '~.~~a.d ~~.ortp~es,• i.a.de an tie p.rtiea eo t?i. :ra~t a.d tk Y~+.
1esa1 rep~eseahtivrs a~d a~e~ ~o~t aed tM woceson ud ai~r o[ -,sporstiwa; a~d t?e ler~ '•~eee••
iech~dn ail t4 w~es ~ereia dnm"b~d it ~ae o~e.)
~~I~~~~ that /or good and nnluable aonstderatio?u, and al~o in considenntton oJ the agAre-
gate aum nnmed in ihe promisaory note of even dal~ ~enewith, hereinaJter desc~i~. the mortgagor ~ere-
by grants. bargains. seua. altens. remises. conveys antj aon`t?ms unto ttie inortgagee al~ t~e cwfatrt innd
of u~hich t~e mortgagor is now aeizec~ and in possession aituafe in ST'. LUC I E Co~n'•
Florida, niz:
LoT 3. BLOCK 3. SOUTHERN PINES SUBDIVISION. AS PER PLAT
THEREOF IN PLAT BOOK 9. PAGE 6H. OF THE PUBLIC RECORDS
OF ST~ LUCIE COUNTY. FLORIDA~
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I -n IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
~ ~ COVENANT AND AGREE THAT:
a (1) The MORTGAGOR herein shall make within 7 days of the due date, the payments called
~ for in the 1sT mortgage now encumbering this property, to the MORTGAGEE herein at
i~~ office or some other place as designated by the MORTGAGEE herein.
(2) ThL MDRTGAGOR 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 specia) improvement assessments and any
other special governmental assessments or charges.
(3) If the MORTGAGOR herein do not make the payments on the ],ST mo~tgage , 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 MORTGAGEE herein can at j T$
option make these payments, adding said payments made to the balance due hereunder. If any one or all of
the aforesaid pay~nents remain unpaid for a period of 7 days or more, then the MORTGAGEE can at j'~'$
option, without further notice declare the balance due under this mortgage due and payable in full at once
and fortfiwith 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 mo~tgage.
(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 pe~mission will 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~shall be applied against the unpaid balance due hereunder.
(b) The MQRTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing,
the existence of this morigage and the amount still due thereon on a estoppe) form provided for this pur-
pose by the MORYGAGEE .
(n Failure on the part of the MORTGAGOR to compty 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 constitute a
waiver of the right to exercise this option at some (ater time.
(S) The MORTGAGOR further agree that this mortgage constitutes the entire contrad between the par-
ties hereto, thai 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 to it. I~'~f l~
(9) This is a -M9+iE~P' ~c01~ ~ • MORTGAGE. dddK,L 1 ~ ~'~uEaL ~