HomeMy WebLinkAbout2008 MORTGAGE DEHO hRAMCO FORM RE~B
. TO COII?OI~ATION I110M INDIV1DUAl f`/"1w~
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Er~~,i~ ih~ 13th ~oy oj October A. D. ~97~ 6y ;
Walter Johnson, Jr., and Rose K. Johnson `
a/k/a Rosetta K. Johnson, his wife
hereina~tP~ called the mortgaflor, to St . Lucie ~Iortgage Com~any
a corporation existin~ under Ihe ~aws of the State oJ FLorida , wit{~ its permanent posto)fice
~dd~ss a~ 133 N. 4th Street, Fort Pierce, FLorida
hereina~ter called the mortgagee:
(KAerc~r~ uxd Aenin the trrms ••mortsaRor.• and .•mortsasee•• ioclude all tse putiea to this imerumewt aed tle 6cin.
kc~ nprexnutives and uti~m of indiriduals, and t6t succ~unrs a~ assi~ss o( eorpor~tiom: and tAt term "wte"
includn all-tAe aou~ A~rcin aescribed iI more thae ooc.)
that for good and va~uable c~onsiderations, and also in considernlion of tl?e ngqret
~nte sum named in Ihe promissory nole of even c~ate 6erewith, hereina(ter dearri6etl, the morfgagor here-
6y grants, baryains, se~~.s, aliens, remises, conveys ancr con~irnu unto the mortgagee all tl~e certain land
of which t{~e morfgagor is now seizec~ and in possession situafe in St . Lueie County:
1=laridn. niz:
Lot 5, Block 4, Southern Pines Subdivision, as per plat
thereof on recard in plat book 9, at page 68, of the
public records of St. Lucie County, Florida. ;
This mortgage deed also encumbers that certain motor bus,
identification ~5377S8407E, title #7771109.
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j TMIS INSTRUMENT WAS PREPARE~ 4~
; PHt~'O 3. ;~CURSE
~ AT7~~~'.EY AT LA1Y
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~ 1~9•A N047H 4tH STREET
~ FORT PIERGE, FLORIDA ~9+K~I
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s IN AD~JITION TO THE COVENANTS HEREI~JAFTER SET OUT TNE ,SAORTGAGEE AND MORTGAGORS
~ COVENANT AND AGREE THAT:
' The MORTvAGOR herein shall rnake within 7 days o` the due date, the payments called ~
~ for <<; the 1St mortgage now encumbering this property, to the MORTGAGEE herein at
y 1tS office or sorne other place as designaisd by the ,1AORTGAGEE herein.
~ ~2) The MORTGAGOR herein shall pay wifhin 30 days ot the due date all pertinent charges for fire and
wiridstorm insurance, all ad valorem city andjor county taxes, any special improvement assassments and any
othar special governmental assessments or charges.
(3) If the MORTGAGOR herein do not make the pay-ments on the 1St mortgage , the fire and
,aindsierm insurance prer.,iums and governmental taxes or special assessments as they come due, as well as
~ the payments called for in this mortgsge deed, ihen the MORTGAGEE herein can at itS
~ cption make thess pay~re~t;, adding said payments made to the b3lance due hsreunder. If any one or all of ?
~ the afo:es~id payments remain unpaid for a period of 7 days or more, then the MQRTGAGEE can at ~ts
~ option, without further notice declare the balance due under this mortgage due and payable in full at once ;
a~d forthwith place the matter in the hands of an attorney for collaction or enforcement. In this event all
h co~ts incurred will be chargeable to the balance due under this mortgage- `
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'f' (4) The MORTGAGOR herein shall noi further encumber this property except by obtaining WRITTEN per-
missi~n of the MORTGAGEE herein and any attempt to do so without this written permission wil! be nul) ~
and void.
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(51 The MORTGAGOR herein will at the 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 shall be applied against the unpaid balance due hereunder.
~ (6) The MORTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing, ~
~ the existence of this mortgage and the amount 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, 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 the MORT- ~
~ GAGEE herein, at his option, to declare the entire balance due hereunder, to be due and payable at once
~ withaui notice. Failure of the MORTGAGEE herein to exercise this option at any time shall not constitute a
~ waiver of Ihe right to exercise this option at some later time.
~ (8) The MORTGAGOR further agree that this mortgage constitutes the entire contract 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 their own attorney examine said martgage togethar with the said note it secures and
advise them as to it. C p Q~
~ r~•; 's ~ MONEY ~e~o~t~ MORTGAGE. ~i!~ • 7 ( ~1/O
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