HomeMy WebLinkAbout0212 -i ~ i~ RAMCO FORM REJB
~1 MORT6AGE OEEO i
~ Y TO GONWRATION iNOM INOIV~DUAI '
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2- F.xP~•utM~ ~hP ~9th day oJ F'EbruarY ~1. D. 19 72 6y '
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~ Gelaine A. Hutchinson and Sandra Hutchinson, his wife ~
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~ {~er~ina(fer caIIFCI 1{~e morf ac or, fo ~
e., St. Lucie Mortgage Company
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:.rC a corporalion existin~ un~er Ihe laws o( the ~fate o( Florida . u•ifti its permanenf posfo~~ice I
~ w ndd.pss a~ 133 N. 4th Street, Fort Pierce, FLorida ~
~ he~cinuJte~r calle~I the morfgagee: i
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~N'Aen~Yr uxd l~enio the terms "murtgaRor'• and ..mortRasee" includr all tAe part~es to ~Ais imtrumeat aed t6e Sein, '
mo m
leeal reprexnuu~es a~ aasi[us o( iadi~iduals. aod tse succevurs and assi4m oI corporation~: aad t6e term "eote" ~
includes all the autes 6ercin descnEed i( mure [6an one.)
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~itnesseth~ that /or good and ~~alua6le considerations, a?~d also in consideration o/ the agqre- i
ryale sum name~ in 1{~e promissory nole o~ et~en c~ate tiereu~ii{~, hereinafter c~escribetl, fhe mortgagor here- ~
by c~ra~~ts, 6argains, sells. aliens, remises, coni~eys nn~l conJirms wito t{~p mortgagee all t{~e certain lnnd i
a~ u~h«h thP mortga~or is now seized and in possession silunfe in S~ . Lueie County. ~
Florida. i~iz: I
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,,;,~.~f ~ lN ADDiT10N TO THE COVENANTS HEREINAFTER SET OUT TNE MORTGAGEE AND MORTGAGORS '
~ ~ CUUENAtJT AND AGREE THA7: ~
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~ ° ~ The A10RTGAGJR herein shalf make within 7 days of the due date, the payments called ~
N ~or :~i the 1St mortgage now encumbering this property, to the MORTGAGEE herein af ~
t it g office or some other place as designated by the MORTGAGEE herein.
';,~i ~ ~2; The MORTGAGOR herein shall pay within 30 days of the due date all pertinent charges for fire and ;
~-J `y ~ : vr~ndstorm insurance, all ad vabrem city and/or county taxes, any special improvement assessments and any ;
~ other spe:ial gover~mental assessments or charges. '
(3) If the MORTGAGOR herein do not make the pay-ments on the lst mortgage , the fire and '
~n ~ N ;~indstorm insurance premiums and govemmental taxes or special assessmeMs as they come due, as well as
~ she payments called for in this mortgage deed, then the MORTGAGEE herein can at it S ~
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- ,``4 ' o p t i o n r.~ ~ k e t h e s e p a y m e n i s, a d d i n g s a i d p a y m e n t s m a d e t o th e b alance due hereunder. If an y one or al) of ~
th= aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at its ~ -
~ opton, without further notice declare the balance due under this mortgage due and payable in full at once ;
~ •.~tif1C~ end forthwith place the matter in the hands of an attorney for mll~ction or enforcement. In this event all
~ ~ J~,~ • js co~as in:~rred will b~ chargeabte to the balance due under this mortgage- ~
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~ ( 4) T he N
I O F T G AG O R here~n s ha l l n o
t f u r t h e r e n c u m b e r t h i s p r o p e r ty e x c e p i b y o
b t a i n i n g W R I T T E N p e r- ~ -
_ i rr:issicn of the MORTGAGEE herein and any attempt to do so without this written permission will be null ~
and void. i
~ (5} The lJ10RTGAGOR 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 herein. The pra ~ ~
° :neds of the said refinanc~ng shall be applied against the unpaid baiance due hereunder. ; 's.
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~ i' ~o} The IVIORTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing, ;
the existe~ce ot this mortgage and the amount still due thereon on a estoppel form provided for this pur-
- pose by the MORTGAGEE . ;
~f t7) Failur~ on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
~j stipulations, conditions and covenants as set forth above in sections l, 2, 3, 4, 5, b, empowers the MORT- ;
y~ ~ G:~GcE herein, at his option, to declare the entire balance due hereunder, to be due and payabte at once -
~ witnout no!ice. Failure of the MORTGAGEE herein to exercise this option at any time shali not constitute a;
; v~aiver of the right to exercise tS-is option at some later time. ` °
(8) The AAORTGAGOR further agree that this mortgage constitutes the entire contract between the par- ; f
ties hereto, that they have read the provisions of this mortgage and the note it secures and that they are aware ~
- j~ o` their rght to have their own attomey examine said mortgage together witfi the said note it secures and ~
; adv~se them as to it. R ~A
~9! Th's ~s a Third MORTGAGE. pr ~~~f '
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