Loading...
HomeMy WebLinkAbout0043 MORhAK OitO 11AMC0 POIIM Ilti~ h COAMAATIOM 1110M MiN11INYA< . ~~f ~33 / • • - Executed ~he 24th day ol July A. D. 1970 6y Charles W. Killing~'and Katherine Killings, his wife i~erelna/eer cnUed the mo.egagot, eo St . Lucie Mortgage Company a corpornfton existing under fhe ~aws o~ !he $tate o/ Florida . witti its p~rmnnent pwto~lice add.+~ ne c/o 133 N. 4th Street, Fort Pierce, Florida . hereinajter called the n~ortgagee: ~ (W~e,e~rer o~ed Maa¦ de ~er~ • ud ••ao~~a~ee•• i~eh.de ~N ~hs p.rties a t~is i~wa~eae ud d~c~ ~ei"t ~Wr Iqpl repenc~aara ~ad ot ud tlie ~.oc+~sws a.d aq~. ot eo~ee~tio..; a~d t~e ~es~ wee• i~clydea aN t6e ~oee~ ?erei~~' iI ~ae awe.) i~at ~or good and vnluable oonsiderations. anc~ u~so in eonatderation o~ t~e apgm- gate aunt nnmec~ in !he promisaory note oj even dute herewit'~, heretna~ter clescrl~. t~e mortgaQor here- by gr~w~ts, bargains, aeua. ajfena. ren~Lea. c~onveys and can~irrna ur~to the morfgngee aj~ t?~e cwtain jnnd . oJ u~~ich the nwrtgagor ta nou~ setzed and in possesston aituats in St . Lucie CO~~' Flortda, v~z: ~ . Lot 3,~Block 4, Southern Pines Subdivision as per plat thereof on record in plat book 9, at p~ge 68, of.the public records of St. Lucie County, FLorida. ~ - - ~ cS`1-q f t t- L L.~ 1-Z 1~J A n~~_STAZ ~P l :iX ~ OGCUMENTA ~'v , ~ ~ Z 9J ~~R~ S . 7 Z _ 2~ 70 - . ~ ~ • ? ~ ' ~ I 0 5= p~ A,'t; ?p ~C MANGIB~ ~M ~YME1rT ~ r~'~ i C~.qp~' ?4E p~ OF ~ `~/1 V R ~~6 R?O7 Pqpp~ coMPTROU.£ ~ Pi01;,• . Cle:~ ca:t ~ l~l ~ P.B.140138 tti _ G? Co,M • - ~ ~~z~l_~ N, KNO~'Y~F.~ ~R " .a~ Cw~~ t~ Taz Colle~w ~ '~'}ila INSTRUMENT WAS PREPARED BYt c . PHILIP G. NQURSE ATTOR~:EY AT LAW • 133-A NORTH 4TN STREET ~1I1Y ~ Fottr P~~ecE. Fwe~a? ~9a~ . s~ ~ IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MQf2TGAGEE AND MORTGAGORS t ~ COVENANT AND AGREE THAT: ~ R 4 ; (1) The MORTGAGOR herein shall make within 7 days of the due date, the payments calied ~ for in the lst mortgage now encumbering this property, to the MORTGAGEE herein at ~ its 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 pertinent charges for fire and windstorm insurance, all ad valorerri city and/or county taxes, any special improverrtent assessments and any other special governmental assessmenis or charges. (3) If the MORTGAGOR herein do not make ihe pay-ments on the 1St mortgage , the fire and . windstorm insurance premiums and governmental taxes or special assessments as they come due, as wel) as the payments called for in this mortgage deed, then the MORTGAGEE herein can at itS option make these paymenis, adding said payments made to the balance due hereunder. If any one or all of th~ 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 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 all costs incurred will be chargeable to the balance due under this mortgage• ~ (4) The MORTGAGOR herein shall not further encumber ihis 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 the request of the MORTGAGEE herein, refinance the first mortgage now encumbering this property at any.time deemed desirable by the MORTGAGEE hereih. The pra ceeds of the said refinancing shall be applied against the unpaid balance due hereunder. ~ i (6) The MORTGAGOR herein wil) be at the request of the MORTGAGEE - herein acknowledge, 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 . . . ~ fn Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements, stipulations, conditions and oovenants as se~F forth above in sections 1, 2, 3, 4, 5, b, empowers the MORT- GAGEE herein, at his 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 time shall not constitute 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 the par- ties her~to, ihat tF~ey have read the provisions of this 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 s~id note it seaires and advise them as to it. A t9? 7h~s ~s a MONEY second MORTGAGE. B~RK 1~~ ~A~E - - _ - - - - - - _ - - ~ ~ _t o~= _ s.,~r- - -