HomeMy WebLinkAbout1196 . 1`-~•`3_1 i
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~ i~ ~ lst do~, o/ October A. D. 19 70 6y
ALBSR~ BZBBEtSUN and 1[ADOLYN H. GIBhRSON, his wif e
l~wrln~(eR c+s~l~ 1~ iwwtpepo?, to •
JAYSS P. 3YTSNA and FLORSNC~ J. SYTSIiA, h~s wife
~n.t,w~~.. ooU.d elu w~a.~p.o..: ;
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la~i~is~i
: M.i. M~ri~~Mi...~ "-w...nr.~ ~iwl~M~t ~M rt ~ ~ l
~i~~ dwt /or ~oa1 ~nd ~wb4 con~lJirs~lew~. ~nd ~e !n oenrid~ntltaa oj ~ ~t
Q.a .ww ns,~.d in tT~. prow~..o.s ao~. oj w~a Js~. li«wvtel~. 1~.er+a.lw. J«a~1i~. eR. ~0.1~.00. i~wr-
br R+u~4• b.woin.. .~Qs. .Il~n.. nMl~«. coww~r s~ aowl+n~ ~alo 1~ wwlv«~M wU t~. p~ {.nit
01 wldcl~ t~. ~walpepor a no~v «ts.d snd tw poa..~ atti~st. 1n 3t . Luc i e Co~wb.
F~o~i~a. ds:
Lot 16 of OLEANDTR PARK, as per plat thereof
on file in P1at Book 9, at page ?6 of the
public records of St. Lucie County, Florida.
IT IS AGREED BETFiEEN the parties hereto, that in the event the
mortgagors should sell the above described property, the note
together with this mortgage shall become accelerated and the :
~
unpaid principal due and payable• ~(~{TRUMENT Vl-~S P!~FP4RED oY:
p~ist..lt~ r~o~_ine,~
ATTOf?t~E:~~ .
133-A NORTH 4TM SIi:E`-i
FORT PIERCE. F40RlDA ;?3~a0
IN ADDITtONt TO THE COVENANTS HEREINAFTER SE'i OUt TME MORTGA~C'sEE AND MORtGAGORS
COVENANT AND AGREE THAT:
; (1)7U~
~ ~~][]~]C7CRlpC1[ i
~
f (Z) The MORTGAGOR h~rein thalt psy within 30 d~ys of the due dat~ all pertinent cha~~ for firc and
~ windstorm inwra.~os, aR ad valorem city and'a covnty taxes, sny tpecia! tmprovemeM assessmantt and any
othar spaual ~overnmenlal as:eKSments or chargra.
(3) If the MOltTGAC,OR herdn do no! mekc the Faymsnts on tK~ , the firs ~nd
wind~otm insvrsnos premiums and yov~rnment~l ?axrts or special asteument~ as thoy come dve, at weil as
the payrr~nh wlled for fn this mwtqays desd, then the MORTGACsEF herein un at h1s
~ option mak~ the~e paym~nts, ~ddinp said payment: mads ta ths b~lsnoe d.~e horeund~r. If any ons or all of
~ the aforetaid payrr~ri ~amain unpsid for a pe~iod of 7 dsys or rrwro,lhen the MORTGAGEE can at his
option, withovt further notia~ dsclaro the balanca due unde~ this mort~e~s dw snd payable in full at o~ce
~ a+~d fathwith p;sos the mattK in the hands of ~n attorney for o~llection or enforcement. In thlt event all .
~ cosl• incurrod wlli he charpasb!e to the ba~anat due undK thta mortgaq~. ~ ;
~ (4) ~ The MORTGAGOR haein shal! nat further encumber th'.s praperty except by obtsininQ WRITTEN per-
~ miufor~ of tht MORTGlaGEE h~rein and any attempt to do so without this writfen psmnission wili be twll
~ and void.
The MpRTGAGOR hemi~ will et ths requesi of ths MORTGAGEE herein, refinanos tha first mort9age
~ ~aw encumbKinq this prop~rty at ~ny tims deemed dsslroble by the MORTGAGEE hsroin. The pra
~ ce~ds of the ssid refinencttq ~h~it b~ ~pplisd sqainst th~ unpaid belance due hereunder.
~ (6) ~ MORTGAGOR h~rei~ will b~ at th~ nqusst of ths MORTGAt3EE herttn adcnawt~d~, tn writing,
~ th~ exiNas~ce of thia mor~paq~ ~nd th~ ~mount ttitl dus th~raon on • ntopf.d form provtd~d for this pur-
~ . pcKe by th~ MORTGAGEE .
~ t~ Faftwe on th~ p~h of ths MORTGAGOR to oomply with, ~rfoim, or ~b1ds by s~y of th~ a~?e~me~ts,
~ :tipulations, conditbn~ snd oov~nanh a~ s~t forth abov~ in sedions 1, 2, 3, 4, b, 6, empov~een the MORT-
~ GAGEE heroin, et hia option, ro d~claro the entiro bi~s~ce dw 1~eunder, to b~ due and psyable at onoe
without notio~. ~ailur~ of th~ N1pRTGAGEE hK~in, to ~x~rctN thit option at ~~y tirr» ~hall not aonstitute a
waivtr of th~ ~i~M to ~xercia this option at some I~ter ~ims.
' TF~t MORTG/?GOR furthK agre~ th~t this mort9~ consHtutes ths entir~ oont?act bstw~~n tM pe~•
ties h~nto, that Mwy haw t~ad ths provisions of this mo?tqsg~ and th~ noh It ~ecur~s and fh~t Mhr sn aw~re
of thsir tight b haw tFwlr own ~ttornsy ~xamin~ said mwpaq~ toy~tF~r with th~ said no» It sswns ~nd
advi~ /h~m to N.
(9) Thl~ is a PUFtCHASE MONEY MORTGACiE.
a~ ~87 ~ 1~.~