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HomeMy WebLinkAbout0999 .i M0/1TOAQE D[ED 11~? MJ~ RAMGO FONM 11FJ8 TO GOR?011ATION I110Y INOIV~OYAL ~r'IV 1~ . ~ ~ ? i , ~ Fr~u~~ ~hP lst day oj February A. D, tq 72 6y , Franklin A. Harris and Valerie V. Harris, his wife hereinn(Ier callec~ Ihe mortgaflo?, to Harris Construction Corporation a corporafion exisfing unc~e? Ihe ~aws o~ t~e State oJ Florida . u~it~ its permanent postojjice ' ~ddress a~ 410 Orange Avenue, Fort Pierce, Florida ~ F~ereina(fe? caQecl Ihe mortgagee: ~ 4 @ iWbera~er u+ed tKreia tAe eeras '•mort~a~or a~d "mortsaaee" i~?lude all t6e partiea a tAu imuu~seet aad t`e ?ein, j kRd npresenuti•ea and ayi~tru ot individuah. aad tAe wccesx.n and aai;~s ot coryoruio~s; aad eAe term "sot~" ~ includes aU tAe aotes hereia deaCribed i! mwe t6aw oae.) z ~'ttnleSSeth, ~ that Jor goot~ and unluablt~ ronsiderations, and also in consideration o/ tl~e ngpre- ~ gate sum named in !he promissory nofe oJ even dute herewith, I~ereinn/!er descri6ed, ehe morlgngor I~ere- ! 6y gmnta, ba?gains, sells. aliens, ?emises, conuey: und conjirnu unto Il~e morfgagee aii the cerlain land + ° o~ whic~ f~e morlgagor is now seized ond in possession situute in $t . Lueie Counfy, I-~Ol1(tQ. l~lZ: . t All of Lot 19, All of Lot 18 less the South 45 feet of Lot 18 ~ and all of Lot 20 less the North 4 fe ' ~ 5 et of Lot 20, Block 12 ~ ~ Silver Lake Park Addition as recarded in Plat Book 10, Page ~ ~ .,;;~;:;;;.,i; 8, public records of St. Lucie County, Florida. i ; _ ~ ` { ~ ~ ' i 3 tr! ( This is a second aortqage subordinate and inferior to that = ~ r;~1' certain first mortyage froa aortgagors herein to Rirst s ~ r;~~; ~ Rederal Savings and Loan Association of Fort Pi~rce, dated ~ Rebruary 1, 1972, in the aaount o! 23,000.p0, and recorded _•`''j'~~ Febru~ry 2, 1972, in O. R. Book .page public ; ^'z;~ Recozds of St. Lucie County, Florida. ! ~ ~ :V ~ - I ~ _ i, o`~ R~ ~e /"~~J/J~, ~ ~i !~~rnyp ~ '~I~[A1 ~ T~ ~ - . - . . ~ ~ I : _ Z ? YK YA L(~VJ 'li~ ~T~V I ~ 111RSt1NMT i'0 CiiAIfER Il•131,,~~~~E~TM• n o~ ~ ~oc~a ro?rw~ c~«~ c~a~ ~•~t sc t~. co. ~ y ~~l '~S IN ADDITI~N TO TH~ COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS ~ ~ ' COVENAt~T AND AGREE THAT: ; ~ (1; The A'40RTGAGOR h~rein shall make within 7 days of the due date, the payments called i ; • ror ;;i ti,e lst mortgage now encumbering this propery, to the MORTGAGEE herein at ~ ~ 1t S office or some other place as designated by the MORTGAGEE herein. s t2? 7he MORTGAGOR herein shatl pay within 30 days of ihe due date al) pertinent charges for fire and ~ ~ wi:~cistorm insurance, all ad votorem city and/or county taxes, any special improvement assessments and any ; other special governmental assessments or charges. ~ (3) If the MORTGAGOR herein do not make the pay-ments on the lst mortgage , the fire and windstorm insurance premiums and governmental taxes or special assessments as they come due, as well as the paymenls called for in this mortgage deed, then the MORTGAGEE herein can at it S ~ option meke these payments, adding said payments made to the balance due hereu~der. If any one or alt of ~ ihe ~foresaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at 3ts ~ opt:on, without further notice declare the balance due under this mortgage due and payabie in futl at once and forthwith ptace the mafter in the hands of an attorney for collsction or enforcement, In this event all costs incurred will be chargeable to the balance due under this mortgage• (4} The M~ORTGAGOR herein shall not furthe~ 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 snd void. ~ (5~ The MORTGAGOR herein will at the request of the MORTGAGEE herein, refina~ce the first mortgage nov~ encumbering this property at a~y time deemed desirable by the MORTGAGEE herein. The pro- ' ceeds of the said refinancir.g shall be applied against the unp~id balance due hereunder. ~ (6} The MJRTGAGOR herein witt be at the request of the MORTGAGEE herein acknowledge, in writing, s rhe ex;stence ot lhis mortgage and the amount still due thereon on a estoppe) form provided for this ~ur- ! ' pose by the MORTGAGEE . 17) Failure on the part of the MORTGAGOR to comply with, perform, o? 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 I ~ witnout notice. Failure of the MORTGAGEE herein to exercise this option at any time shall not constitute a j waiver of the right to exercise this option at some later time. i (8) The MORTGAGOR further agree that this mongage constitutes the e~tire contract between the par- ~ ~ ties hereto, that they have read the provisions of this mortgage and the note it setures a~d that they are aware ~ of their right ta have their own attorney examine said mortgage together with the said note it secures and i advise them as to it. 0~~99 9~ ~ ~9) Th~s :s a MONEY Second MORTGAGE. 6UOK PpCE