Loading...
HomeMy WebLinkAbout2866 MORtOAOt Dttp RAMCO rORM Rti~ !'a tODIO11ATlOp IROM y1WYlayµ . 1'7'7~3 / • . ~ Ex.rutad ~b. 2STH dQy a/ MARCH A. D. t~i9 br WILLIE .JAMES RUSS, SR. A/KIA/ ~I~L~IE RUSS~ SR~ AND MINNIE . USS. HIS WIFE ~~~/e~ ~g~, eo ST . LUC I E MORTGAGE COMPANY n corporction ~xtating undK tl?~ ~owa o~ the Stato o/ FLOR IJ~A- • witl~ tb p~rman~ne postoff+~ i~I .~~TREET. FORT P I ERCE. ~`l.OR I DA . (W~e~ertr red ~teli~ fl~ Ier~ ' ~ a~d ••aer~yC~•• iac~de a6 tk Mrtip M lii iMtrfw~t 1d IM iisl i~i~clydes~i~t wMr ~ee~i~~~ ~Jjt wooeras ud ai~~ ef ootMraoar; ~d dM ~tt~ ~~ll~~~ t1+Qt /or good w~d r~nIuabb c~wutd~rationi. ond also in oonsider~atton oj el~ op~?~- gaee ,w?i ~a~d tn ~b. p+o»,rs.o~? no~. o; .v.n cba hmwieh. k.ret,wJt.r dwaib.d. eh. ~noregaaor /u.~e- bY 9~u• ~8afns. sfus. n~3~ns, nmiaea. oonwpa and conjinns unto t~ matgaA~e aU tht ~wtatn ~ o) which the na~tgugor is nan seizs~ and tn poss~ador~ situat~ in ST . LUC I E Co~e~?. ~ Flortdn. viz: d/ _ ~LOT 1~. BLOCK 2, BIAKELY SUBDIVISION. AS PER PLAT ~ - THEREOF IN PLAT 800K IO, PAGE SO. OF THE PUBLIC RECORDS ~ OF ST~ LUCIE COUNTY. FLORIDA. t \ ~ ~ y ~ ~~~7 f~ ~ ~ ~E~'~%AHi TO CHApT~R ?OM~. ~~~n, • ~ ~o~r~ ae~r i~a~~ r~u~t - r~ t.9 ~ y ro, n~w~f~ M. ~awc~ ~R . / ~ ~b rax co?rector ~ c M °~u"' a~wc ~ ~ IN ADDI710N 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 properfy, to tF~e MORTGAGEE herein at t, ITS offiae or some other place as designated by the MORTGAGEE herein. U~. (2) The MORTCAGOR herein si~all pay within 30 days of ihe due date all pertinent charges for fire and windsto~m insurance, a!! 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 , ihe fire and windstorm insurance premiums and governmental taxes or special assessments as they come due, as well as the payments called for in this mo~tgage 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 all of tFie aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at jTS 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 balance 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 pe~mission will be nult and void. (5) The MORTGAGOR herein will af the request of the MORTGAGEE herein, refinance the f+rst mortgage now er~cumbering this property at any tima deemed desirable by the MORTGAGEE herein. The pra 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 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 . . Failu~e on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreemenis, stipulations, conditions and covenants as set forth above in sections 1, 2, 3, 4, 5, 6, empowers the MORT- GAGEE herein, at hls 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 tims shall not oonstitute a waiver of the right to exercise this option at some tater time. (8) The MORTGAGOR further agree that this mortgage constitutes the entire controd between fhe par- ties hereto, that they have read the provisions of this mortgage and the r~te it secures ar+d that they are awnre of thei~ right to have their own attorney examine said mortgage together with the said note it secures and advise them as to it. : (9j This is a M~~ SECOND MORTGAGE. f~~~,~~~ ~ ' _ ~ _ ~ ~ ~-~~~-~:z~•-~~ . _ rt~ ~