HomeMy WebLinkAbout0779 MOIlTOAG[ O[[O ( 8 RAMCO FORM 11t~a ~
TO C071?OIIATION FIIOM IMOIVIOYAI
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Ex~uted tl~e 13th day oj JUly A. D. 19 73 6y
Nathaniel Morris and Patricia Morris, the former Patricia Betts,
his wife
hereinof fer ca~~ Itie mortgaflor, !o
St. Lucie Mortgage Company
a corporation exiating unde~ the laws oJ the Stute of FLorida , with lts pe?manent postoJfice
addres: a~ 133 S. 4th Street, Fort Pierce, FLorida ~
heretnaJter calCed the mo~tgagee:
(WAnerer wcd 6erei~ ~e term •~sor aad ••eo~tsa~ee•' i~clude all ~be p~rtia a tiis :mwoe~t a~d ~M ?eus.
lqtd roPreseantiva a~d r~u of isb~ a~d t~e succerors a~d a~iSas n( corporatiow~: a~d t4 ter~ ••~ote••
includa all tie ~oers ?creiaw -daeriEcd it eote t~aa owe.)
~l~l~~~~ that ~or good and valuable considerations, ond a~o tn consideration o/ the agqre-
gate sum nnmec~ in t~e promissory note of even clafe herewitti, hereina(ter described, t~e morfgapcr here-
by grnnts. 6angains, sells, aliena, remises, conveys and conjirnu u~to the mortgagee all the certai~ land _
o~ u~Rich t{~e mortgagor is now seized and in poasession situafe in $t . Lueie County,
Florida, viz:
Lot 20,Block 4, Southern Pines Subdivision as per plat thereof
on record in plat book 9, page 68, of the public records of
St. Lucie County, FLorida.
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IN ADD1710N TO THE COVENANTS HERElNAFTER SET OUT THE MORTGAGEE AND MORTCAGORS
COVENANT AND AGREE THAT:
~ (ly The MORTGAGOR herein shall make within 'j days of the due date, the payments called
for in the 1St mortgage ~ow encumbering this property, to the MORTGAGEE herein at
it S office or some other place as designated by the MORTGAGEE herein.
(2) The MORTGAGOR herei~ shall pay within 30 days of the due date all pertinent charges for fire and
windstorm insurance, all ad volorem city and/or county taxes, any special improvement assessments and any
other special governmental assessmenis or charges.
t3) If the MORTGAGOR herein do not make the pny-ments on the lst mortgage , fhe fire and
windstorm insurance premiums and governmental taxes or special assessments as they come due, as well as
the payments cafled for in this mortgage deed, tfien the MORTGAGEE herein can at itS
option m3ke these payments, adding said payments made to the balance due hereunder. If any one or all of
the sforesaid payments rerr~ain unpaid for a period of 7 days or more, then the MORTGAGEE can at
option, without fu~ther notice declare the balance due under this mortgage due and payable in full at once
and forthwith place the matter in the hands of an attorney for oollection or enforcement. In this event all
costs incurred will be chargeable to the balanoe due under this mortgage-
(4) The MORTGAGOR herein shall not fu~ther 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 this property at any time deemed desirable by the MORTGAGEE herein. The pro-
ceeds of the said refinancing shal) be applied against the unpaid balance due ~ereunder.
~ (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 .
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-
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.
(8) The MORTGAGOR further agree t~at this mortgage oenstitutes the entire contract between 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.
, (9) This ~s a MONEY SeCOnd N?ORTGAGE. 5~+~~~ 1?'~~E
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