HomeMy WebLinkAbout1854 MOIlTpAG[ DE[O qAMCO FORM RE3s
TO CORWI~ATION FIIOM INDIVIOYAI ~
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F_r~~~~pd ~hp 22nd ~~y ~J SEptember A. D. ~9 72 by
Robert W. Price and Anne F. Price, his wife
hereina~ter called Ihe mortgapor, to St . Lucie Mortgage Company
a corporalion existing u~der ihe Iaws oJ the S1nte o/ FLorida , u~itl~ its pe?manent posto(fice
~ddress a~ 133 N. 4th Street, Fort Pierce, FLorida
hereinaf ler called the morlgagee:
IVYberc~Yr u+ed henia the terms "mor~aaaor" and "mortsam" ieclude all i6c puties co this imwme~t asd tle 6ein.
Itl~al reprexnutives and a~u~ m of iadi~•iduals, asd tse wccewxs aad assitm oI carporatiom: aad the tera "note"
includea all tLe aota htnio descri6ed it ~e tkan one.)
~~t~ue~~ that /or good and ~~alua6l~ considerations, and also in consideration o) Ihe agpre-
gale sum nnmed in IF~e promissory note oJ even dnte hereu~ith, hereinaJter descri6ed, t1~e mortgngor ?~ere-
6y grnn~s, 6argains, seUs, aliens, remises, conveys and conjirms unto Itie mortgagee all Ihe certain Iand
oJ which the mortyaflor is now seized nnd in possession situate in St . Lueie County.
Florida. t•iz:
Northwesterly 35.86 feet of lot 13,and the southeasterly 35•87 feet ~
of lot 12, Block 49, Biltmore Park, a subdivision according to the (
plat thereof on file in plat book 4, at page 52, public records of ~
St. Lucie Count FLorida. ~
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~ STATE ~F FLORID,~A1 ~
OOCUMENTARY STAMP IAY. ~
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i~ N DEPT. Of pEYENUF ~°i- ~~j: ~
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~ W~1ER 7b134. II~iS Of 1~?1• ~ ~ ~
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i IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
CO~ENANT AND AGREE THAT: ~
(i) The MORTGAGOR herein shall make within 7 days of the due date, the payments called
? for in t;~e 1St mort9age now encumbering this property, to the MORTGAGEE herein at I
itS office or some other place as designated by the MORTGAGEE herein. f
(2) The MORTGAGOR herein shall pay within 30 days of the due date all peninent charges for fire and ~
windstorm insurance, all ad vatorem city and/or county taxes, any special improvement assessments and any
other special governme~tal assessmenis or charges.
(3) If the MORTGAGOR herein do not make the payxnents on the iSt morf9age , the fire and
windstorm insurance premiums and governmental taxes or special assessments as they come due, as well as
the payments called for in this mortgage deed, then the MORTGAGEE herein can at it S
aption make-these payments, adding said payments made to the balance due hereunder. If any one or all'of
the afor~said payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at it S
option, without further notice declare tfie balance due under this mortgage due and payable in full at once
and forthwiih place the matter in the hands of an attorney for coll~ction or enforcement. In this event all
costs incurred vvill be chargeable to the balance due under this mortgage•
~ (4) The MORTGAGOR herein shall not further 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
~ . and void.
~ (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage
, now encumbering ihis property at any time deemed desirable by the MORTGAGEE herein. The pra
ceeds of the said refinancing shall be applied against the unpaid balance due hereunder.
{6) The MORTGAGOR herein will be at the request of the MORTGAGEE herein acknowledge, in writing,
the existence of this mortgage and the amount still due thereon on a estoppel form provided for this pur-
pose by the MORTGAGEE .
cn Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
stipulations, conditions and covenants as set forfh above in sections l, 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 ~
without notice. Failure 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.
(S) The MORTGAGOR further agree that this mortgage constitutes the entire contract beiween the par-
ties hereto, that they have read the provisions of this mortgage and the note it secures and that they are aware
of their right to have their own attorney examine said mortgage together with the said note it secures and
advise them as to it. ~ R~~
(9) Th~s is a ~Q~~ SEcond MORTGAGE. a3C}! t7,f,~
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