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Home My WebLink About0601 MORTdAO[ C[[O , eJ RAMGO FORM Rtu ?o co~ro~wr~oN ?eor u~orv~~uw~ 192601 ~ / ~ ~ ' _ Executed the 3rd day o1 April A. D. t970 6y ~ James R. Duncan and Mindy Duncan, his wife I~ereinaJter called t{~e mortgngor, to St . LUC1G Mortgage Company : a co?poration-existing unde~ the laws o/ the Slate o/ Florida , with ils pe~mnnent postof~ice ~ address ae 133 N. 4th Street, Fort Pierce, FLorida tiereina~ter ca~~ the mortgagee: ~ (1~YSereve~ med 6ersia ~br eerms aed '•wo~tsa~ee" iaclude atl ~he Partia a tlw is~wme~t ud J~e ?ein. : e ieRd rcpreseanava aed a~t~m oI ir~n~. ud t?e wccesas aud a~a o( corpor~tioas; aad tAe ters ••~ote•• iatludes all tie wta 6tr~~a deacribtd iI oae tAu aae.) a - s - i ~~tn~~~ thnt (or good and valua6le considerations, und aLso in consideration oj eke agqre- ~ ; gale sum namec~ in i~e promissory note o~ even dafe ~erewith, hereinn/ter deac?i6ed. fhe mo~tgagor ~ere- £ 6y gr~ar?ts. 6argnins, sells, aliens, remises, conveys and conjirnu unfo t1~e moH9agee nli the certain land oj which the mortgagor is now seized and in possession situate in St. LLLCie County. ; F[orida, v~:: ' ~ Parcel No.l Lot 14, Block 6, Ruhlman Subdivision as per plat ~ thereof in plat book 9, at page 55, of the public ~ records of St. Lucie County, Florida. _ ; s Parcel No. 2-- Lot 13, Block 6, of Ruhlman Subdivision as per plat ~ thereof in plat book 9, at page 55, of the public £ records of St. Lucie County, Florida. _ This is a first mortgage with regards to Parcel no.~„and a ± third mo~tgage with regards to Parcel no.~. NOTtCE . THIS IS A BALLOOK '~iORTG~GE. AT 30 I ~ MATURITY 2IiEAE ~5'II~ S_?LL it,~. ~s~T ~'Jh'IAt ' . , { A 8.1L~.ti~E 01i'LtiG A.'1D i'AYABi,l; ~g ~,S Hy ~ ~F ~l ~60r).56 V'J1.~Ci ' NQO S SIH.L ~ ~ JiiO ~ IN ADDITION TO THE COVENANTS HEREINAFTE~2 SET OUT THE MORTGAGEE AND MJRTGAGORS ~ ~ ~ ~ COYENANT AND AGREE THAT: (1} The MORTGAGOR herein shall make within 7 days of the due date, the payments called for in the 1St rnortgage now encumbering this property, to the MORTGAGEE herein at 3tS 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~tineni charges for fire and , windstorm insurance, all ad volorem city and/or county taxes, any special improvement assessments and any § other special govemmenial assessments or charges. # ~ (3) If the MORTGAGOR herein do not make the pay-ments on the ]~gt mortgage , the fire and ~ w~ndstorm insurance prerniums and governmental taxes or spe:ial assessmenis as they come due, as well as E the payments called for in this mortgage deed, ifien the MORTGAGEE herein can at i~ S ~ optio:~ make these payments, adding said payments made to the balance due hereunder. If any one or all of 4 the afores~id payments rer~ain unpaid for a period of 7 days or more, then the MORTGAiGEE can at its ' option, without furthe~ 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 collection or enforcement. In this event a11 ~ costs incurred will be chargeable to the balance due under this mortgage• s ~ q (4) The MORTGAGOR he~ein shall not further encumber this pro,certy except by obtaining WRITTEN per- £ ~ mission of the MORTGAGEE herein and any attempt to do so without this written permission will be null ~ ~ and void. ~ ~ ~ (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage ; ~ now encumbering ihis property at any time deemed desirable by the MORTGAGEE herein. The pro- j ~ ceeds of the said refinancing shall be appliec! against the unpaid balance due hereunder. ~ (6j The INI~RTGAGOR " herein wilt be at the request of the MORTGAGEE - here+n acknowledge, in writing, - ~ ~ ehe existence of this mortgage and tfie emount still due thereon on a estoppel form provided for this pur- ~ ~ pose by the MORTGAGEE . ~ ~ t7) Failure on the part of the MORTGAGOR to comply with, perfonn, 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 #~ereunder, to be due and payable at once ~ ~ without notice. Failure of the MORTGAGEE herein b exercise this option at any time shall not oonstitute a waiver of the right to exercise this option at some later time. ~ (8) The MORTGAGOR further agree t#~at this mortgage constitutes the entire contrad between fFie par- ~ ties hereto, that they have read the provisions of this mortgage and the note it secures and that they are aware :r of their right to have their own attorney examine said mortgage together with the said note it secures and advise them as to it. B~~R~~~ P~~E e~~J ~ (q1 ?~aX?'i~3ixXxxxXxXXxxxxxxx~~YcxxxxXXXXxxxXXX~XXXX GE. ~ ~r _ _ _ . _ . . . _