HomeMy WebLinkAbout2106 TO COII?OIIATION lIIOY INDIVIDYAL ~~~+~v ~vRw naao
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Exe~u~ed ehe 24th dQy oj March A. D. ~q 70 6y
Harry H. Sample and Rachel G. Sample, his wife
hereinaJtes caUed tl~e mortgagor, to St . Lucie Mortgage Company ,
9 ' ~ Florida p¢rr?wnen! poslof
fice
a corpomfion exi:tin under f~e ~aws o fhe $fate o , wit~ ifs
add.~ss ae 133 N. 4th Street, Fort Pierce, Florida
~ereina~ter called the morlgagee:
(W6e.e.er wid kerei¦ ~6e ur~ ••mort~a~or,• a~d ••uo~~a~ec'• i.clYde au cb~ partia a tbis iasw.e•t aed t?e ?eir..
kxal reP~saeatatiwes awd a~+~m ot i~"ridYab, a~d t?e aucce+xrs aed atii~~s ot carporatiom; ud t6e ~rs ••wte••
inch~dei a!1 t~e ~otd herei~ dacribed it ~ae tlaa ous.)
thnt (or good and vulua6le canside?afions, and nl~o in considemtton o/ tke ags~re-
gnte aum namecl in itie promissory note o~ even c~nie ~ereu~if~, {~ereiaa~ter deac?i~, the rreorfgagor here-
by 9.n.~ts, bnrgains, sells, aliens, rembea, conueya and conJirnw unto tl~e mortgngee oll t/~e certain land
oJ w~ich f~e mortgagor is now aeized and in posseuton situate in $t . Luc ie Countp.
Fb,~da, ~iz: All of Blocks 17,18,19 and 20 in Maravilla Terrace Subdivis-
ion, as per plat thereof on file in Plat Book 5, Page 50, of the
Public REcards of St. Lucie County, Florida, EXCEPTING THEREFROM THE
~OLLOWING:
Beginning at a point 25 feet East of the Southeast corner of Block
19, Maravilla Terrace Subdivision, as plat thereof on file in Plat
Book 5, Page 50, of the Public REcords of St. Lucie County, Florida,
thence run North a distance of 272.9 feet; thence run in a Southeast
erly direction to the Northeast corner of Block 18, of Maravilla
Terrace Subdivision; thence run South along the East line of said
Block 18 a distance cf 145.9 feet, more or less, to the Southeast
corner of Block 18, thence run West to the point of beginning,ALSO
EXCEPTING THEREFROM THE FOLLOWING: Begin at the Southwest corner of
Lot 7, Block 19, Maxavilla Terrace SubdivisiQn, as per plat thereof
on file in Plat Book 5, Page 50, of the Public REcords of St. Lucie
Countys Florida, run North 125 feet to a point; on the West side of
Lot 1, Block 19, Maravilla Terrace Subdivision, thence turn and run
; East 125 feet to a point, thence turn and run South 125 feet to a
point on the South line of Lot 7, Block 19, Maravilla Terrace Sub-
II division, thence turn and run West 125 feet to the point of '
k beginning.
~ ~ IN ADDiTION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAiC~ORS
' COVENANT AND AGREE THAT:
~ (1) The MORTGAGOR herein shall make within ~ days of the due date, the payments called
for in the 1St mortgage now encumbenng this property, to the MORTGAGEE herein at
itS office or some oiher 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
x windstorm insurance, all ad valorem cify 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 pay-ments on thelSt mortgage , the fire and
windstorm insurance premi~ms and governmental taxes or special assessments as they tome 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 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 uncier this mortgage due and payable in full at once
~ and forthwith place the matter in the hands of an attorney for coll~ction or enforcement. In this event all
~ costs incurred will be chargeable to the balance due under this mortgage-
(4) The MORTGAGOR herein shall not fu~ther encumber this property except by obtaining WRITTEN per-
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~ mission 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
~ ncw encumbering this property a! any time deemed desirable by the MORTGAGEE herein. The pro-
, ceeds of the said refinancing shall be applied against the unpaid balance due hereunder.
:j (6) The MORTGAGOR herein will be at the reque~t of the MORTGAGEE herein acknowledge, in writing,
the existence of this mo~tgage and the amount still due thereon on a estoppel form provided for this pu~-
pose by the MORTGAGEE . ~
~ t7) Failure on ihe part of the MORTGAGOR to comply 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 tfie MORT-
GAGEE herein, at his option, to declare the entire balanoe due fiereunder, to be due and payable at once
without notice. Failure of the MORTGAGEE herein to exercise this o hon at an time shall not constitute a
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_ . waiver of the right to exercise this option at some later time.
3~" (8) The MORTGAGOR further agree t~at 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 itieir own attomey examine said mortgage together with the said note it setures and ~
~ advise them as to it. ~ ~ R~ u~ ~
~ (9) This is a MONEY o~eCO~~ MORTGAGE.
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