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HomeMy WebLinkAbout2803 M011TOA0[ O[[O NAMCO rORM R[i~ TO C011lOIIATIOM /~OY INOIVIOYAL i~4102 ' ~ ~ ~ , E~~~~d ~I~e 2nd ~Ar ol June A. D. ~97 p 6y Michael. P. Weinzirl and Dorothy M. Weinzirl, his wife ~ hereinaJ~er called the r~wrtga9or, to St . Lucie Mortgage COmp2t11y # a corpo?ntto~ exiating under fhe ~awa o~ the $tate oJ FLorida . urifh its permanent postoJ/i~ °dd.~u 133 N. 4th Street, Fort Pierce, Florida her+einujter callstj the morfgagev: ( W6aerer ~ned he~e~ ttie ~er~r ' a~d "~ortp~ee" i~clwk aM ~M p~rtiea a t\is i~tr~est ud t~e. tinns 1e~a1 repedeautiva aed a~w~ ~o~[ ~i~d~b. aad t~e a~ooe~on ud ~d o( cwporuioM; a~d ve te~ '~o1r' incirdes all t6c ~o~es k~ei~ da~eribcd it ooee ~iu o~e.) ~~t~J~LI`~ lhat f or good and valuable considerntions, and alao in considemtton o/ tl~~ agqro- gofe sum named in t~e promisaary note o; e~en date her~ewifh. hereina~le? descri~, !~e mQ~gagor ~ero- by granb, 6argaina, sella, aliens, remisea, conveys and conJirrns unfo tbe mortgogee nll the certain land o/ which the mortgagor is now seized and tn pouession situate in St. LUC1E Couriqr, Flortda. vis: PARCEL # 1: Co~mencing at the NW corner of the SE 1/4 of the NE 1/4 of the SE 1/4 of Section 12, Township 35 South, Range 39 East, run thence . East 385.6 feet for a point of beginning; thence turn and run South 122 feet to a point; thence turn and run East 100 feet to a point; thence turn and run North 122 feet to a point; thence turn and run West 100 feet to point af beginning. Sub~ect to and easement for drainage canals, public roads and utilities over the West 10 Feet thereof. PARCEL # 2: The North 160 feet of the South 190 feet of the West 280.4 feet of the East 305.4 feet of the South half of the NE 1/4 of the NE 1/4 of the SE 1/4 of Section 12, Township 35 South, Range 39 East. ~ ~ ~ IN ADDITI~N TO THE COVENANTS HEREINAFTER SET OUT TiiE MORTGAGEE AND MORTGAGORS COVENANT AND AGREE THAT: (1) The MORTGAGOR hsrein shall make within 7 days of the due date, the payments called for in the lst morigage now encumbering this property, to the MORTGAGEE herein at the~r office or some other place as designated by ihe MORTGAGEE he~ein. (2) The MORTGAGOR herein shali pay within 30 days of the due date all pertinent charges for fire and windsto~m insurance, all ad valorem city arsd/or county taxes, any special improvement assessments and any other special governmental assessments or charges. (3) If ihe MORTGAGOR herein do not make the pay-ments on the 1St rnortgage , 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 theil' option make these payments, adding said payments made to the balance due hereunder. If any one or al) of tha aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at their 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 oollection 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~iher 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 null and void. (5) The MORTGAGOR herein will at t~ne request of the MORTGAGEE herein, refinance the first mortgage now encumbering this property at any time deemed desiroble by the MORTGAGEE herein. The pro- ceeds of the said refinancing shal) be applied against the unpaid balance due hereunder. (6) The MORTGAGOR herein will be at the ~equest of the MORTGAGEE herein aclcnowledge, in writing, the existence of tfiis mortgage and the amount still due thereon on a estoppel form provided for this pur- pose by the MORTGAGEE . c~ Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements, stipulations, conditions and oovenants as set forth above in sections 1, 2, 3, 4, 5, 6, empowers the MORT- GAGEE herein, at his option, to detlare the entire balance due hereunder, to be due and payable at once without notice. Failure of tfie MORTGAGEE herein ~ exercise this option at any time shall not consNfute a waiver of the ~ight to exercise this option at some later time. (8) The MORTGAGOR further agree tfiat this mortgage constitutes the entire controct between the par- ties hereto, that they have read the provisions of this mortgags and the note it secures and that they a~e aware of their right to have their own attor~ey examine said mortgage together witfi the said note it secures and advise them as to it. f 0 R~~~ G~~u(~ ~ t9) This is a ~COµ, Q MONEY MORTGAGEg~~K vVV _ , ~ s - - - ~ ;`til ~ _ ~ _ _ ~