HomeMy WebLinkAbout2709 MORTOAO[ D[[O 11AMC0 FORM RE~O ~
TO C011?OAATION IAOY lqO1VIDYAI
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Er~-uiPd ihe 17th day ol August A. D. ~9 ?3 by
David M. Hakes and Sa11y J. Hakes, h~.~ w~.fe
hereinajter called the morlgaflor, !o Harris Construction Corporation 1
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a rnrporotion exisfing unc~e~ fhe ~aws o( ttie $tate o~ FLorida • wit~ tfs permonent posto~ftce
address n~ 410 Orange Avenue, Fort Pierce, FLorida ~
hereina~ter cnlle~l the morfgagee:
(N'herevrr med Acreis ~Le tcrm ••eor a~d ••sortsa~ee•• isclude all ~!e p~rtiea to t~is imwmcat ud tAe ?sin.
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kRa~ raPre~cnutives asd a~~ m ot i~di ~ a~d t?e acce~on aad auisn d corpor~tiom; aad t~e ee~a ••wte••
iwcludes atl 1Ae ~ota \erein described it ~e t~ae one.)
~~~I~e~~ that Jor good and ~luobl~ ~o?u~deroe~o.~, und also in constde?ntion oj the agAre-
gafe sum nnmet~ in ike promissory note o~ euen date ~erewilh, hereina/!er descrt6ed, the mortgngor here-
6y 9.n.~rs, ba?gains, se~~, a~iens. re~nises, conveys and con~irnu unlo the mo?fgagee all the cerlain jnnd
, oJ which t~e mo~tgagor is now seized and in possesslon situate in $t . Lucie Counly.
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• Lot 15 less West 27.34 feet thereof and West 33.24 feet of Lot 14,
Block 4 of Sunset Park Re-Plat, as recorded in plat book 11, page
28, public records of St._Lucie County, FLorida.
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,S~U11N P~~p~ppt,~tiY.
, ~ 3. $S~ ~1m i-r,~~
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aE ~ ~p-ER 7 POn?'~ 'U.
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; IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGA~GORS
; COVENANT ANO AGREE THAT:
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e : ~ (1) Ths MORTGAGOR herein shall make within 7 days of the due date, the payments wlled
~ for in the mortgage now encumbering this property, to the MORTGAGEE herein at
; ls office or some other ~Slace as designated by the MORTGAGEE herein.
" ~D ~ i
~~f p (2) T h~ 1~
l~RTGAGOR herein shall pay within 30 days of the due date all pertinent c
harges fw fire a n d
{ t 1~ windstorm insurance, all ad valo~em city and/or oounty taxes, any specia) improvement assessments and any
i~~-,. other special governmental assessments or charges.
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f~ '=r•- :(3) {f the MORTGAGOR herein do not ma e t e pay-ments on e g .
;~~:y ~ windstorm insuranoe premiums and governmental taxes or sprciat assessments as they come due, as well as
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a~y ~ ` the payments called for in this mortgage deed, then the MORTGAGEE herein can at
a~W N option make ihese payments, adding said payments made to the balance due hereunder. If any one or all of
~~Z'W W the aforesaid payments remai~ unpaid for a period of 7 days or more, then the MORTGAGEE can at its
"'~x opt~on, without further notice declare the balanoe due under this mortgage due and payable in full at onoe
~Qj'~ N and forthwiih place the matter in the hands of an attorney for collection or enforcement. In this event all
f' =-~I~ costs incurred will be cha~geable to the balance due under this mortgage•
~ '~o'nltlll1111 ~(4) The MORTGAGOR fierein 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 permiuion will be null
~ F:! ~ ~ ar.d void.
~ ~r~r wc~E (5) The MORTGAGOR herein will at the request of the MORTGAGEE herein, refinance the first mortgage
~ :ouMir , now encumbering this 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 .
~ (n Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements,
T~ stipulations, conditions and covenants as set forth above in sections 1, 2, 3, 4, 5, 6, empowen the MORT-
~ GAGEE herein, at his option, to declare the entire balance due hereunder, to be due and pnyable at once
~ without notice. Failure of the MORTGAGEE herein tv exercise this option at any time shal) not oonstitute a
~ waiver of the right to exercise this option at some later time.
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(8) The MORTGAGOR further agree that this mortgage constitutes the entire contrad between the par-
~ ties he~eto, 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
~3 advise them as to it. O~Rx~~Q
~ (9) Th~s ~s a MONEY MORTGAGE. P~ 27
Purchase Second •
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