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TO G011WRATION ~ROY I/~OIVIOYA\ •
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EX~~u~~d ~h~ 24T4 dQy ~ANUARY A. D. 1969 6y
GEORGE SANDS AND MILDRED MCPHEE SANDS, HIS WIFE
hereinaJfer called the mortgago~, to FRANKLI N A, ~IARR I S
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~ereina(fer called the mortgogee: ~
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IWAeaver u~ed Aenu tAe arm~ "mortf. aad ••mortsase~" iaclude all tLe partics to tW iaawme~t aad tle ?ein. ;
le'~tal rep~exnueiva and ari~m o( i~v~ and tbe wcte~son aud assisws of corporatioes: aad t6e term ••wtr•• t
inctudex a11 tbe wota tKrei~ deacrihcd i[ more t6an ont.) -
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~ lhat jor good nnd valuable considerntions, and also in consideration of the agpre- ~
gnte sum name~ in t~e promissory note oj euen date ~erewith, f~ereina/ter described, t~e mbrfgagor here- ~
by grants. 6argains, sells, uliens, remises, rnnveys and oonjirnis unto tl~e mo?tgagee all the certain Iand ~
o( w/~ich tf~e mortgagor is now seizecj ancl in possessiort situate i~ ST . LUC I E County.
F~rlda, UIZ:
LoT 9, BLOCK B OF THE REVISED PLAT OF ALAMANDA VISTA
SUBDIVISION AS PER PLAT :'HEREOF ON FILE IN PLAT BOOK
PAGE 4O. OF THE PUBLIC RECORDS OF ST. Lt1CIE COUNTY, t
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IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS ?
COVENAiVT AND AGREE THI~T:
i 1 j Th~ AAORTGAGOR herein shall make within ~ days of the due date, the payments called
for in the ~$T morigage now encumbering ihis property, to the MORTGAGEE herein at
N~r oftice or some other place as designated by the MORTGAGEE herein. ~
{2) TFt~M~RTGAGOR herein shall pay within 30 days of the due date all pertinent charges for fire and
windstorm insurance, all ad valorem city and!or county taxes, any special improvement assessments and any
other special governm~ntal assessments or charges.
(3) If the MORTGAGOR herein do not make fhe payments on the ~-ST morigage , the fire and
windstorm insurance premiums and governmental taxes or special assessments as they come due, as well as
rhe payments calted for in ihis mortgage deed, then the MORTGAGEE herein can at H I S
option make rh~se payments, adding said payments mad~ to the balance due hereunder. If any one or all of
*he aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can atH I S
option, without further notice declare the balance due under this mortgage due and payable in full at .~nce
and forthwith place thE matter in the hands of an attorney for colledion or enforcement. tn this event all
costs incurred wiil be chargeable to the ba~ance due under this mortgage.
(4) The MORTGAGOR herein shall not furfher encumber this property except by obtaining WRITTEN per-
mission of the MOR7GAGEt herein and any attempt to do so withouf this written permiss~on will be null
and vo;d.
(5) The MORTGAGOR herein wil) at the request of the MORTGAGEE herein, refinance the first mortgage
now encumbering this property at any time deemed desirable by the MOR~'GAGEE herein. The pro-
ceeds of the said refinancing shall be applied against the unpaid batance due hereunder.
(6) The MORTGAGOR herein will be ai 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 .
Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
stipulations, con~itions and covenants as set forth above in sections 1, 2, 3, 4, 5, 6, empowers the MORT-
GAGEE herein, at his option, to declare the entire ba(ance due hereunder, to be due and payabte at once
without notice. Faiture of the MOR7GAGEE herein, to exercise this option at any time shall not constitute a
waiver of the right to +exercise this option at some later time.
E8) The MORTGAGOR further agree that this mortgage constitutes the entire cont~act between the par-
*ies hereto, that they have read the provisions of this mortgage and ihe note it secures and ihat 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. U~
.~9} Th~s ~s a PURCHASE MONEY SECOND MORTGAGE. "~~'Jr 'y~' ~ J
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