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HomeMy WebLinkAbout2982 M011TOAOt ~[[O 23Q~5~1 RAMCO FORM Rtia To cowro~~Ttow r~ow u~o~v~ouw~ / ~ ~ ~ Executed the Th~ Y'ty - f f rs t day oJ M8y A. D. 19 7 2 6y ' Gwinna D McIntosh, a single adult ` ~ereinafter ca~~ ftie mortgagor, to ~ WAYNE CONSIRUCTION COMPANY ~ n rnrporntion exi~ting under the lnwa o/ the S1ate oJ Florida . witl~ its permane~t postoj/ice add?BSS ae 411 Avenue A. Fort Pierce ~ Florida tiereina~ter ca~~ Ihe mortgagee: (WAaeve~ ~eed 6ereu t6e ~er's •'~or a~d ••~ort~a~ce•• i~cMde all ~As artia a tW i~at~eat ud tie ?eus. kltd rep~eu~tatives and ~~r ~o~( ~i~h. ud tle aucceson a~d ~~s of eorOontiod: ud t6e ~er~ ••wte•• includes aq t~t ~aes ~etei~ dauibed if ~ae t6u o~e.) ~ll~t~~~ that /o? good nnd ~a1~61~ ~o.u~derne~o~.,, and ubo in consideration oj the agqre- gate sum namec~ in il~e promtssory note of even dnte herewifh, hereinn~ter descrt~. the morlgagor here- by grants. 6argnins, aells, altens, remises, conveya and con~i?ma unto the mortgagee nll the certatn land ol w1?ic1~ t1~e na?igagor is nou~ aeized and in possession situnte in $t. Lucie Countp. Fbrida, niz: The S. 200 • of the W. ~ of the E. ~ of the W. ~ of the N. W. 4 of S. W. ~ of Section 9~ T35S ~ R~9F.. excepting therefrom~ the N.1~ acres_ being more particularly described as fo~ows~ Begin at the NE corner of said parcel and run in a westerly direction 165' to an iron pin, thence turn and run southerly along said parcel a distance of395.4•, Thence turn and run east a distance of 165•, Thence t~n and run north a distance of 395.4', to an iron pin and the point of beginning. Sub~ect to first mortgage to the First Federal,Savings and Loan Association of Ft. Pierce flated December 23, 1971, in tt~e original amount of $20,900.00 as recorded in Official Record Book 198~ page 762 of the public Records of St. Lucie County, Florida. ,~p ~'iN~ ~ IN PAYMDff Of TA~Id aE ~ ~ASS ~C' 1lITA116161~'PER~ PROPEW~ ~rt To ~n.rw w?s h ly~-l..~~ i 0~~ qIMX1R OoUICi. sT. WC~E Q0. A? ' IN ADDITION TO THE GOVENANTS HEREINAFTER SET OUT THE MORTG~AGfE AND MORTGA~GORS ` COVENANT AND AGREE THAT: ~ ) The MORTGAGOR herein shail make withln 7 days of th~ du~ dats, th~ psynlSPOs'~al~ed s for in the f irs t mo~tgaps now erKUmb~rirp thls property, to ths MORTGAGEE herein at ~ its office or some othar plaos as d~i~nated by the MORTGAGEE herein. : (2) The MORTGAGOR herein shall pay within 30 dsy: of ths due dats all pertinent charges f~or firs and ' windstorm insuranoe, all ad volorem city and/or oouMy tsxes, any special improvement asseuments and any ; ~ other special governmental assessments or chsrges. ' ! (3) If the MORTGAGOR herein do not make the pay-ments on the f irst mortgage , the fire and , ~ windstorm insurance premiums and governmental taxes or special asussments as they aoms due, as well ss ~ the payments called for in this mortga~e deed, then the MORTGAGEE herein can at 1t8 option make these payments, addinq said psymentt made b the balanoe due herounder. If any one or all of ~ the aforesa~d payments rema~n unpa~d for e period of 7 days or more, tt~en the MORTGAiCEE can ~t option, without furti~er notioe declare the balance due under thi: mort~a~e due and payable in full at ona ~ and fo~thwith place the matter in the hands of an attornsy for oollsction or enforcemant. In tht: evenf all , co;ts inr~rred will be chsrysable to the balana dw under this rtw~afle- _ (4) The MORTGAGOR herein :hall not further encumber thi: property except by obtaining WRITTEN per- ~ mission of the MORTGAGEE herein and any attempt to do so witt~out thi: written permi::ion will be null , ; and void. + (5) The MORTGAGOR herein will at ihe rsquest of the MORTGAGEE hKein, refinanos the fir:t nwrt~gsge now encumbering thi: propsrty at any tlme dssmed d~irobls by th~ MORTGAGEE herein. The pro- ceeds of the said refinanciny ~all be applied a~ainst the unpsid balanu due hereundsr. (6) The MORTGAGOR hsrein w111 be at ths nquest of the MORTGAGEE herein acknowledge, in writing, the existence of this mortyeq~ and ths amount :till due thereon on a~toppel form provided for this pur- pose by the MORTGAGEE . Failure on the part of the MORTGAGOR to oomply with, perform, or abide by any of the agreements, ~ stipulations, conditions and oownants a: ~t forth above in sections 1, 2, 3, 4, 5, 6, empowers the MORT CAGEE herein, at his option, to declare the enti~e bslanos dw hereurtder, to be due and psyable et once without notice. Failure of the MORTGAGEE her~in to exerc~se this option at sny tims :hall not aorutituro a ! weiver of the right to exercise this option at sorrN Ist~er time. _ (8) The MORTGAGOR fuhher agree that this mortgaye oon:titut~t the ~ntire contrect between the par- ties hereto, that they hsve read the provi:ions of this mortgs~e and the note it ~cures and that they are aware of their right to have their own attorney exsmine said mortgage togsther with the said twte it secures and advise them as to it. ~ ~ MORTGAGE. ~~flK ~ PtiC~~ t9) This ~S a Second ~ ~ -