HomeMy WebLinkAbout2510 MORTOAat Dt[D ~ RAMCO ~011M R[i~ ~
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Executed tl~e 9TH aa~ MaY a. o. ~969 b~ ~
~OHN T. ARCHER AND ~RANCES ARCHER, HIS WIFE ~
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1?e?etna/te? cat[ed tlzv mo?tgagor, to FRANKLI N A. HARR I S £
dC , ~X~t#X-0I~1(~(~W~D(~(XXXXXXXXXXXXXXX~)G)ixd6KKd6Nrk~6~)f~'iXe
addre:~ a~ .~'~l QU I NCY AYENUE. FORT P I ERCE. FLOR I DA
heretnaf
fer cal~the inortgagee:
(W?e+erer ~ued k~eeeit tM ~erw ' aad '•aortp~se•• i~cirdc ~ ~M p~rties a d~'s irtrnaea! ~ad H~:4us~
kaal ?epres~.aara a.d ~~s ~d~y~Mr~h~aad t?e ~oooa.ors aad ursr o( eo~Ponaod: ud tle ~'~s~e'
iechde~ all t~s ~ooa ~erww deacribed 'J ~xe ooe.)
~`~Ine~~~ that /or good a.~d ~I~bb ~utde.~e~o.u, and nbo in cbnsideration of tke og~r~-
gnte sum namec~ tn !he promissory note of even date ~erewifh, hereino~t~r descri~. the enortgagor hero-
bq grants, dargairu. se~la. alteRS. ~eintses, con~eys anc~ oon~irn~a unto t~e morfgagee aU the certain ~and
of which the inorfgagor ts now seizer~ and in posseuion situate i~ ST. LUCIE Countp.
Flortde, viz:
LOTS 21 AND ZZ IN BLOCK 3. PARADISE PARK ADDITION. A
SUBDIVISION RECORDED IN PLAT BOOK H. PAGE 36, PUBLIC i
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RECORDS OF ST. LUCIE COUNTY. FLORIDA. !
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RECE(YED t~~, IN PA'!NF!7 Of TRYES ;
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c~ STAMP TA.t
c~ r DOCUMENTA~w` - By
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COMPTROILER ~`oRi P~^`;_ ~ \ ~
Q,~.190138 i
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IN ADDITlON TO 7HE COVEN/~NTS HEREINAFTER SEf OUT THE MORTGAGEE AND MORTGAGORS
COVENANT AND AGREE THAT:
~ (1~ The MORTGAGOR herein shall mske within 7 days of the due date, tFie payments calied
for in the 1sT mortgage now encumbe~ing this property, to tne MORTGAG~E herein at
' H i S office or some other place as designated by the MORTGAGEE herein.
Ij (2) The MORTGAGOR herein shall pay within 30 days of ihe due date a!! pertinent charges for fire and
~ windstorm insurance, all ad valorem city and/ar county taxes, any special improvement assessments and any
i other special governmental assessments or charges.
~ (3) !f the MORTGAGOR herein do not make the payments on the 1s'~ mortgage , the fire and
windstorm insurance premiums and governmental taxes or special assessmenfs as they come due, as wetl as
the payments called for in this mortgage deed, then the MOftTGAGEE herein can at H I S
option make these payments, adding said payme~ts made to the balance due hereunder. If any one or all of
the aforesaid payments remai~ unpaid for a period of 7 days or more, then the MORTGAGEE can at H I S
~ option, without further notice declare the batance due under this mortgage due and payable in full at once
and forihwith place the matter in the hands of an attorney for rnllection or enforcement. I~ this event all
costs incurred will ba chargeable to the balance due under this mortgage.
(4) The MORTGAGOR herein shall ~ot further encumber this property except by obtaining WRITTEN per-
mission of the MORTGAGEE herein and any attempt to do so without this written permission will be nul!
f~ ~ ~ and void.
(5) The M~RTGAGOR herein will at the requesi of the MORTGAGEE herein, refinance the first mortgage
Q now encumberi~g this property at any time deemed desirable by the MORTGAGEE herein. The pra
~a. ~ t~" ~ 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 ths MORTGAGEE .
(7~ Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
( stipuiations, conditions and covenants as set forih above in seciions l, 2, 3, 4, 5, 6, empowers the MORT-
6AGEE herein, at his option, to declare the entire baiance due hereunder, to be due and payable at once
without notice. Failure of the MORTGAGEE herein, to exercise this option at any time shail not oonstitufe a
waiver of the right to exercise this option at some later time.
(8) The MORTGAGOR further agree that tf~is mortgage constitutes ihe entire contract between the par-
ties hereto, that they have read the provisions of ihis 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 sewres and
advise them as to it. 0
Y (9) This is a ~V ~~~dS ¢ MONEY s~° C O ~ ~ MORTGAGE~ ~ ~ ~
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