HomeMy WebLinkAbout2847 MORTpAOi D[EO RAMCO FORM 11[is
M C0111011ATION /NOM INOIYIOYAL
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Ex~utwd ~he 16th ~ay ~J ALigList A. D. 1973 by
Morse R. Du~ger and Barbara E. Dugger, his wife
I~e?einoJte~ cnlled tl~e mortgapor, to Harris Construct ion Corporation
a corporation existing under the jawa o~ the $tafe o~ FLorida , ruit~e ifs p~~manenf poslo~~ice
oddress a~ 410 Orange AVenue, Fort Pierce, FLorida
tiereina~fer cal~ fhe Rtorfgaeee: .
(Wbe.e.er aed ~eezi~ J~e ~enir "~or a~d '•~ort~a~e" iedude all tAe partiea a tAi~ iastr~ot~t ud d~e iiei~s.
1rR+~ repre~rantiva ~nd arqt~u ~o~l ~i~~~aad tlie wcce~on sad a~isas of co~pontio~s: a~d t?e ~era ••wtc••
iach~dea aY t~e wus \ereia de+cribM i( ~ae ore.)
. ~tn~~~~ ll~at (or good and vatuable oonsidemtiona, and nlao in consideratibn a/ tl~e aggre-
gale sum named in lhe promissorp note o~ even a~ate herewif~, hereinafler c~escrt~, f~e mortgagor ~ere-
by grants, baegains, se~ls, nltens, remisea. rnnueya and con~irm~ uhlo t{~e r»orfgagee al~ f1~e cerloin ktnd
o( u~hicti the martgagor is now seizerl arttl tri posseasion siluafe in St . Lueie County.
Florida. viz:
Lot 3 less the West 12.44 feet and West 17.34 feet of Lot
~ 4, BLock 5, of Sunset Park Re-Plat, as recorded in plat
o book 11, page 28, St. Lucie County, FI,orida.
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::,?~r :uC~E IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
c~vMtr . COVENANT AND AGREE THAT:
•(1) The MORTGAGOR herein shatl make within 7 days of the due date, the payments called
for in fhe lst mortgage now encumbering this property, to the MORTGAGEE herein at
it S office or some oTher place as designated by the MORTGAGEE herein.
(2) The MORTGAGOR herein shall pay within 30 days of the due date all pertinent charges for fire and
windstorm insurance, all ad volorem city and/or couMy taxes, any specia) improvement assessments and any
otner special governmental auessments o~ charges.
(3) If the MORTGAGOR herein do not make the pay-ments on the lst ~rt9age , the fire and
windstorm insurance premiums and governmental taxes or special assessments as they come due, as wel) as
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' the payments called for in this mortgage deed, then the MORTGAGEE herein ca~ at its
option make these payments, adding said payments rr~ade to the balance due h~reunder. !f any one or all of
the ~foresaid paymenis remain unpaid for a period of 7 days or more, then the MORTGAGEE can at i~s
option, without further notice declare the balance due under this mortgage due and payable in full at onoe
and forthwith place the matter in the hands of an attorney for collection or enforcement. In this event a0
, costs incvrred will be chargeable to the balance due under this mortgage•
(4) The MORTGAGOR he~ein shall nat furiher encumber this property except by obtaining WRITTEN per-
mission of the MORTCAGEE herein and any attempt to do so without this written permission wi!! be null
and void.
(5) The MORTGAGOR herein will at the request af the MOR7GAGEE herein, refinance the first mortgage
now encumbering this prope?ty at any time deemed desirable by the MORTGAGEE herein. The pro-
ceeds of the said refinancing shall be applied against the unpaid balance due hereunder.
(b) The MORTGAGOR he~ein will be at the request of the MORTGAGEE herein acknowledge, in writing,
the existence of this nwrtgage and the amourrt still due thereon on a esfoppet form provided for this pur-
pose by the MORTGAGEE .
c~ Faiiure on the pn~t of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
stipulations, conditio~s and tovenants 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 rwtice. Failure of the MORTGAGEE herein 1o exercise this option at any time shall not oonst+tute a
.vaiver of the right to exercise this aption at some later time.
(S) The MORTGAGOR fu~ther agree t~at this mortgage constitutes the eniire contract between the par-
ties hereto, fhat they have read the provisions of this mortgaye and tfie 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 secu~es and
~ advise tfiem as to it. ~ R~~~ ~
t9) Tt,~s ~s a p~,chase M~~ Second MORTGAGE. gppx
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