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HomeMy WebLinkAbout0853 NORTOAOi Ou0 RAMCO IORM Rtu • TO CORqAAT10M IROY WOItl10YAL 17'SS~~G ~ ~ ~ - E"CeCt~~ ~~1e 24TH d°~ FEBRUARY A. D. ~9 69 by ar~, CLARq/~ICI.LEARY, A S I NGLE ADULT heretnnjter eaUed the mortgagor, to ST • LUC I E MORTGAGE COMPANY . a c~orponation existtng uru~er t~~ ~aws oE !he $tate o~~ FLOR Ij~A . with ib perman~nt posto~~ioe add~~ ae 133 N. 4TH $TREET. FORT P I ERCE. 1'LOR I DA ker+einafte? catled th. n~orlgap«: tw~~ ..~a d. c.~a~ .u ~r. » :.w,~ ..r d~.. ~""r ~ ~.u~. ..aa~aa ~a~t • ..a ~ ,~.b.. ..a .:s.. at ~w.p«.ao..: ..a ~r. ~ uKhde. .a tre .ae. 4rei. de~a~ea~ i[ .~oe. o~e.) ~~1`~~~ tkat /or good and ~l~wbb oo~,~der+ae~o~s. ond alao in conatderution o~ tht agA~- gate swn namecl in the promissory? note of even dat~ hsrewlth. heretna`tK descei~. !~t ntortgagor ~t~ne- v bY 9~b. ~'8~. seus. aliens. rondse~. eonve~n nne~ con~irnu unto 1he ntorteagee a~~ the cwtoin laree~ o~ which the niortgago~ is now seizad a»d in pwsession situate in ~T . LUC I E Countp. ~ l, Flo.tda vt:: . - b p~~ LOT ZZ. BLOCK 3. SOUTHERN PINES SUBDIVISION. AS PER PLAT ~ . . - . , y THEREOF ON FILE IN PLAT 800K 9. PAGE 6H, OF THE PUBLIC ~ ~ s RECORDS OF ST. LUCIE COUNTY. FLORIDA. ~n o L ~ ~ And the said mortgagor, Clara Brawn MaCleary, covenants that she is the identical individual named as grantee in that `~p~ certain Warranty Deed froa Harris Construction Corporation, a Florida corporation, to Clara M~Cleary, a single adult, ~ bearing date of October 27, 1961, recorded in O. R. Book 25,. fl page Z74, and rerecorded in O. R. Book 25, page 685, of the s Public Records of St. Lucie County, Florida. ~ - r+. ; ! ~ IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS ~ COVENANT AND AGREE THAT: (1) The MORTGAGOR herein shall make within 7 days of the due date, the payments called for in the 1sT mortgage now encumbering this property, to the MORTGAGEE herein at IT$ 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 pe~tinent 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) If the MORTGAGOR herein do not make the payments on the IST mortgage , the fire and windstorm 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 the balance due hereunder. If any one or al) of the aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at ITS optio~, without further notice declare the balance due under this mortgage due and payable in full at once and forthwith plaoe 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 furiher encumber this propery except by obtaining WRITTEN per- mission of the MORTGAGEE herein and any attempt to do so without this written petmission will be null and void. (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage now eruumbering this property at any time deemed desirabte b;r the MORTGAGEE herein. The pro- ceeds of the said refinancing shall be applied against the unpaid balance due hereunder. (6) The MORTGAGOR herein will be at the request of the MORTGAGEE he~ein acknowledge, in writing, the existence of this mongage and the amount still due thereon on a estoppel form provided for this pur- pose by the MORTGAGEE . (7) Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements, stipulations, oonditions and covenants es set forth above in sections 1, 2, 3, 4, 5, 6, empowers the MORT- GAGEE herein, at his option, to dectare the entire balance due hereunder, to be due end payable at onoe - without notice. Failure of the MORTGAGEE herein, to exercise this option at any time shall not oonstitute a waiver of the right to exercise this option at some later time. t8) The MORTGAGOR further agree that this mottgage const;tutes the entire contratt between the par- ties hereto, th~t they have read the provisions of this nartgage and the rwte it secures and that they are sware of their right to have their own attorney examine said mongage together with the said note it secures and advise them as ro it. ''J 1+ d - (9) Th~s ~s a SECOND MORTGAGE. SORM ~ 1~ PAGE S~ , =.9- ',r ~ . _ _ - - ~ ~ • ~ ~ _ ~ .