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HomeMy WebLinkAbout0738 MORTOAO[ D[[O RAMCO r011M 11ti0 TO C011WRATION IIIOY iMO1V10YAL 21492~8 / • ~ E~~u~~d ~I~R 20th day o/ November A. D. ~9 70 by J.C.Roberts and Beatrice Marie Roberts, hia wife hereinaJfer callsd the mortgugor. eo Harris Construction Corporation a rnrpor~ntion exi~ting under fhe lawa o~ tlte S1ale oj Florida . with its po?manent posto(~tce 0 addres: ne 410 Orange Avenue, Fort Pierce, Florida hereinajter coUed the mortgagee: (WAe.ever a.ad lierei~ tLe ee~as ' and •'~ortar~e" i~elyde a0 tse p~rtia to ~ imtn~ae~t a~d Uie lent ~t+~ RPRYwtati~ea ud w~ws ~o~I~~ a~d 1?e wrcaarots ud aril~t o( corporstiow: aad t?e ~er~ ••~oee• iarlYdes dl the ~ous ~ereu de~cnbad it ia~ t6u o~c.) ~`tn~~~ that /or good and ~I~w6i~ ~o~tde~tto~,, and alao in eonsideration o/ !he ags~re- gale sum namecl in !he prornissory nole o( euen date ~erewith, hereina~ler descrt~. the mortgogor here- by gmnta, bargains, se~~s, o~iens. re~nises, eonvepr anc~ c~on jtrma unto !~e mortgagee al~ t~e certatn ~and oJ which tl~e rnortgagor is now seized and tn possession situale t~ St . Lucie County. Florida. nis: Lot 18, Block 10, Paradise Park according to plat thereof as recorded in plat book 8, at page 17 of the public records of St. Lucie County, FLorida. o~ _ This instrument preparedby Fzanklin A. Harris ~ ` 410 Orange Avenue ~ Fort Pierce, Rlorida ' s~ BALt.00ii~ 1l0~!ldAB! ~ . ~~W ~ v ~ y a~-~v..a ~ ~NCI Oi?II~1~A AivD _ iMYA8L1~ 31,663.91 ~ . ; IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS ~ COVENANT ANQ AGREE THAT: f ` (1) The MORTGAGOR herein shall make within 'j days of the due date, the payments called ~ for i~ the lst mortgage 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 al) pertinent cF?arges for fire and wirtdstcrm insurance, all ad valorem city and/or county taxes, any special improvement assessments and any other spe~ial governmenta) assessments or charges. (3) If the MORTGAGOR herein do not make the pay-ments on the 1St mortgage , the fire and windstorm insurance premiums and governmenta) taxes or special assessme~ts as they come due, as well as the payments called for in this mortgage deed, then ihe MOR~TGAGEE herein can at 1t S cption make these payme~ts, adding said payments made to the balance due hereunder. If a~y one or all of the afores3id payments remain unpaid for a period of 7 days or more, then the MORTGAGEE cen at 3t S option, without further notice declare the balance due under this `nortgage 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 this property except by obtaining WRITTEN per- ~ mi;sion of the MORTGAGEE hsrein 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, ~efinance the first mortgage now encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pro- ceeds of ihe 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 . ~ c7) Failure on the pa~t of the MORTGAGOR to comply with, perform, or abide by any of the agraements, ~ stipulations, conditions and covenants aa set fonh above in sections 1, 2, 3, 4, 5, 6, empowers the MORT- GAGEE herein, at his option, to declare the entire balanu due hereunder, to be due and payable at once w~thout notice. Failure of the MORTGAGEE herein to exercise this option at any time shall not constitute a waiver of the righf-to exerciae this option at some later time. (8) The MORTGAGOR further agree that ihia mortgage constitutes the entire contratt between the par- ties hereto, that they have read the provisions of this mortgage and the note it secures end that they are aware of their right to have their own aftorney exemine seid mortgage together with fhe seid note it secures and advise them a3 to it. Q~ Q~ Th~"• ~ Purchase MONEY SEcond MORTGAGE. E00~~6~V p~ -