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Fxpcu~~l ~he lst ~ay M8I'Ch n. n. 1973 by
Terry R. Reals and Peggy M. Reals, his wife
I~ereinaJfer called Ihe mortgapor, fo Harris Construction Corporation
a corporation exisltnfl unde~ the laws o/ the State o1 gLorida . wilh its per?rwnent posloJjice
nddress a~ q10 Orange Avenue, Fort Pierce, FLorida
I~ereina/ter callecl fhe morlgagee:
(W6ere~Yr uKd 6ereu ~Ac terns "m«t~a~or~ and "sortp~ec•• iarlude a!I tbe parties a t?ia intrr~~t a~d t6e ?ein.
1eR~~ RDRKautiva aad ar~~m of iwd~-viduab aad 1le accerwrs a~d ariRa o( corpo~atiou: asd t?e tera ••wte••
includes dl ~e wtes 6erei~ deacriAed i( ewe i6aa one.) .
- that /or good and valua6le consir/erotiorts, and also in conside?afton o/ the agqre-
gnte sum named in il~e promissory note o/ even date herewith, heretnajter descri6ed, t6e mortga9or here-
6y g?nnts. 6argniru, seUs, aliens, remisea, conveys and conjirnu unto ll~e mortgagee oll the certnln land
' oJ which tl~e mortgagor is now aeized and in possesaion situule in St . Lueie County.
Florida. viz: -
Lot 20 and the westerly 6.80 feet of lot 19, BLock ~1, as per ~
plat thereof on record in plat book 11, at page 28, of the
public records of St. Lucie County, FLorida.
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~ IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
~ COVENANT AND AGREE THAT:
(1) Th~ MORTGAGOR herein shall make within 7 days of the due date, the payments calied
for in the 1St mo~tgage . now encumbering this properfy, to ihe MORTCAGEE herein at
; 1t S offite or some other place as designated. by the MORTGAGEE herein.
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~ ~2) The MORTGAGOR herein shall pay within 30 days of the due date all pertinent charges for fire and
; j~~:; ~ windstorm insurance, a11 ad valorem city and/or county taxes, any special improveme~t assessments and any
` ~Q'' ~ other speciat governmental assessments or charges.
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, 0 (3a If the MORTGAGOR herein do not make the pay-ments on the lst mort9age , the fire and
~ t t 1 ~y~ndstorm insurance premiums and governmental taxes or special assessments as fhey come due, as well as
~~n the payments called for in this mortgage deed, then the MORTGAGEE herein can at it S
'
option make these payments, adding said payments made to the balance due hereunder. If any one or all of
S u" : she aforesaid Qayments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at 3tS
~ ~ option, without further notice declare the balance due under this mortgage due and payable in fvl! at once
~ ocl.~ „ and forthwith place the matter in the hands of an attorr~y for collection or enforcement. ln this event all
+(,j~4!W N costs incurred will be chargeable to the balance due under this morigage-
~ Z'' (4) The MORTGAGOR herein shall not further encumber this o exce t b obtaini WRITTEN r
F-~"{x ~ !N Pe~Y P Y ~9 Pe '
Q~~~ mission of the MORTGAGEE herein and any attempt to do so withoui ihis written permission wil) be nul)
~ ~~`F ~o a~d void.
~ O,w = (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage
~ ~o now encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pro-
~ F£ 7 6 0 0 ~~ds 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 scknowledge, in writing,
~ ~~covMSr ~E t he exis tence o f t his mortgage a n d t
h e amouM sti l l due t hereon on a estoppel form provided for this pur-
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 wvenants as set foAh 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
wit!~out notice. Failure of ihe MORTGAGEE herein to exercise this option at any time shatl not constitute a
: waiver of the right to exercise this option at some later time. . ~
(8) The MORTGAGOR fuhher agree that this mortgage constitutes the entire controct between the par-
ties hereto, that they have read the provisions of thi: mortgage and the note it secure: and that they are aware
of their right to have their own ettorney examine seid mortgage together with the said note it saures and
advise them as to it.
!9? Th's ~s a Purchase MONEY SEcond MORTGAGE. ~!~Gr.z.LC.~ F~i;f 131
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