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HomeMy WebLinkAbout0223 MORTQAaE DEED RAMCO FORM RE~B a TO COR?OqAT10N •110M INDIVIDUAL 23~989 ~ / - l:.re~c-ut~1 thP ~Oth ~Iay oJ M~7c+Ch A. D. ~972 6y Franklin A. Harr3s and Valerie V. Harris, his wife Ftereina(!e~ called tl~e mortga~or, to garris Construction Corporation n corporation existinc~ unc~er the ~aws o~ the Slate oj Florida • wit/~ its pe~manent posto(fice "dd~QSS ay10 Orange Avenue, Fort Pierce, FLorida ~~ereinaJ~er called ihe mortgagee: f IN'6ere~Yr used kcnia the terms '•mort~a`oi' aad "mortaaSee•• ioclude all t6e putie+ to t6ia imwmest aad t6c hein, IeRxl rcpmenhti~n and utiRm o( iadividuah, and t6e wcceaw.r~ aad aaiRm o{ corporatioaa: and tAe term "~ote•• includes all tAe aotes 6erein described i( mote thaa oee.} ~~~n~e~~ tl~at Jor good nnd valua6le considerations. and nlso in considerafion oJ the agqre- gate sum namet~ in ihe promissory note of euen e~nfe hereurifti, tiereinafler c~escribec~. T~e mortgagor ~ere- by grants. 6aryains, sells, aliens, remises, conveys anc~ conJirms unta Ihe mortgagee aI[ tlee cerlnin Iand o( u~h~~h the mortgac~or is now seizec~ and in possession situate in $t . Lueie County. F~oric(a ~~iz: i Lo~ 16 and Lot 17, less the northerly 45 feet of Lot Z7, ~ Block 12, Silver Lake Park Addition as per plat thereof on record in plat book 10, at page 8, St. Lucie County, FLorida i ~ W S~IA1 t aF ~=LORItJA 7 ~ t~OCU1~ENT~ ~_4S~~l~~P TAX ~ - w~~ a ~ = JUI.10'72 = ' o ~ - ~ , IN PAYMENT Of TA1f~SS 750~ ° ~ N U uE~r.ot k~+tk~~c a• -•~w!:i~~ - WE OM Cl11SS'C' IFITAtIGi6l.E PERSONA! Wr0?E~1~ PS.190112 - p~RS~ANT Tp q1APifR 71-134. ACiS OF 19i~. 1106ER POITRA.S ~C~ ~ ~ q{~{IY OOURT, ST. LUCfE 00.. FlA IN ADDlTION TO THE COVENANTS HEREINAFTER SET OUT TNE MORTGAGEE AND MORTGAGORS COVENAiVT AND AGREE THAT: tl) The M~R~GAGOR herein shall make within 'j days of the due date, the payme~ts called far in the 1St mortgage now encumbering ihis property, to the MORTGAGEE herein at ~ its of`ice or some other place as designated by the MORTGAGEE herein. ~ (2; The MORTGAGOR herein shall pay within 30 days of the due date aN pertinent charges for fire and t .vi~~storm insuran_e, all ad valorem city and/'or covnty taxes, any special improvement assessmenfs and any i other special governmenta) assessments or charges. ! (3) If the N~ORTGAGOR herein do not make the pay-ments on the 1St mortgage , the fire and ~ windst~rm +nsurance premiums and governmental taxes or special assessments as they come due, as well as ' the payments called for in this mortgage deed, then the MORTGAGfE herein can at it S option make these payments, adding said payments made to the balance due hereunder. If any one or ell of ~ the ~`oresaid Qaymenis remain unpaid for a period of 7 days or more, then the MORTGAGEE can at itS . opt;on, without further notice declare ths balance due uncler this mortgage due and payabie in full at once and forthv~ith place the matter in the hands of an attorney for coll~ction or enforcement. In this event all co~ts +ncur; ed v.•iN be chargeable to ths balance due under this mortgage• i4} The MORTGAGOR herein shall not further encumber this pro~erty except by obtaining WRITTEN per- n:ssion of the MORTGAGEE herein and any attempt to do so without this written permission will be null and void. (5} The MOF.TGAGOR herein will at the request of the MORTGAGEE herei~, refinance the first mortgage now encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pro- ceads of the said refinan:ing shall be applied against the unpaid balance due hereunder. (bj Th~ h;ORTGAGOR herein witl be at the request of the MORTGAGEE herein acknowledge, in writing, tne existence of this mortgage and !he amount still due thereon on a estoppel form provided for this pu~- ! 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- ~ ~ vAGEE f~erein, at his opfion, to declare the entire balance due hereu~der, to be due and payable at once ~ w?thout notice. Failuie of the MORTGAGEE herein to exercise this option at any time shall not constitute a( ~ waiver of the right to exercise this option at some later time. I I (8) The MORTGAGOR further agree ~ that this mortgage constitutes the entire contract between the par- i ~ tits hereto, that they have read the provisions of this mortgage and ihe note it secures and that they are aware ~ j of their right to have tneir own anorney examine said mortgage together with the said note it secures and advise lhem as to it. I ~ !9) This is a MONEY SECot~ d MORTGAGE, aQRx~~ y~i,f ~ ae, ~ - ~ ~ ~ ~ ~