HomeMy WebLinkAbout0223 MORTQAaE DEED RAMCO FORM RE~B a
TO COR?OqAT10N •110M INDIVIDUAL 23~989
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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:
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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
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