HomeMy WebLinkAbout1879 MORTpAOE DEEO / RAMCO FORM aEJs
TO C011?011ATION /110M INOIVIQYAt ~ L~~~~~ C~
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f;YPCtI~~ ~IIP lst ~{Qy o) October n. n. ~q 73 6y
Gary J. Steele and Nancy E. Steele, his wife
hereina~ler called the mortga~or, to Harris Construction Corporation
a corpomtion existing un~ler fhe ~aws o~ the Slate o~ FLorida . wilh its permanent posto)fice
address at 410 Orange Avenue, Fort Pierce, FLorida
tiereinaf ter call~ the mortgugee:
IVYAerc~~er uxd herei~ tAe terms "morts+sor., aed •.mortsa~" ipclude dl ~Le puties to tAia iastrume~t a~d the ~ein.
Ie~a1 Kprexnuti~es aad a~ as o[ indi~iduah. aed tse succewri aed assi~ws o( corpor~tian; awd t6e , urm ••wtt••
i~rludes all lht solea berei~ dncribed it mort thae ooe.)
~~t~e~~ fhat f
or good and i~nlua6~e c~onsiderations, ancr also in considerntion o~ the agpre-
gate sum named in !he promissory note of even date herewith, hP?PIRa(ter des~6ed, the mortgagor here-
6y gmnts. Ixirgains, se~~s, a~iens, remisea, conveys antl con(irnu «nto the mortgagee a~l the certnin Innd
o~ which the morlyagor is now seizec~ and in possession situate in $t . I,UC le Counfy,
Ftorida. viz:
Lot 33 less the south 20 feet thereof and the south 40 feet
of lot 34, block 4 of Silver Lake Park Subdivision as
record~d in plat book 10, at page 4, public records of St.
Lucie County, RLorida
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g ~ ~`fM~ THIS IS A E~LLQCti .1i0;~: =i:. :~T
:dr;T~H1iY 1::'_':iiE \~::-i iSE
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~ ~.t+~ ~?FCO~j CtKift• Sr. OF
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~ IN ADDITIOf~ TO THE COVENANTS HEREINAFTER SET OUT THE MORTGAGEE AND MORTGAGORS
~ COVENANT AND AGREE THAT: ~
~ (1) The 14tORTvAGOR herein shall make within 7 days of the due date, the payments called I
~ for in the ~S~ mortgage now encumbering this property, to the MORTGAGEE herein at R
~ tS off~ce or some other place as designated by the MORTGAGEE herein. I
(2) The NCOR7GAGOR herein shall pay with~n 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 sovernmental assessments or charges.
(3) If tn~ MORTGAGOR herein do not make the payments on the lst mortgage , the fi~e and
wir.dstarm insvrance premiums and governmental taxes or special assessments as they come due, as well as
~ 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
the aforesaid payments remain unp~id for a period of 7 days or more, then the MORTGAGEE ca~ at it s
option, H•ithout further notice declare the balance due under this mortgage due and payable in full at cnce
and forthwith place the matter in the hands of an attorney for collection or enforcement. In this event all
~ costs incurred will be chargeable to ths b~lance due under this mortgage.
~ (4) The MORTGAGOR herein shall not further encumber this property except by obtaining WRITTEN per-
mission ot the MORTGAGEE h~rein and any attempt to do so withouP this written permission will be nul)
and void.
~ ;5) The lJ!ORTGAGOR h~:ein will at the requesi of the MORTGAGEE herein, refinance the first mortgage
~ no~v en:umbering tFSis prop~~ty at any time deemed desirable by the MORTGAGEE herein. The pro-
ceeds of tne said refinan:ing sh~ll be applied against the unpaid balance due hereunder.
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~ {6) The N~OR7GAGOR herein will be at the request of the MORTGAGEE. herein acknowledge, in writing,
!he existance oi this mortgage and the amount still due thereon on a estoppel form provided for this pur-
pose by the MORTGAGEE .
~ (7) Faiiure on the part of the MORTGAGOR to comply v~ith, perform, or abide by any of ihe agreements,
s~ stipatations, conditions and covenants as set forth above in sedion; l, 2, 3, 4, 5, 6, empowers the MORT-
GAGcE 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 that this mortgage constitutes the entire contract between the par-
z ties hereto, that they have read the provisions of this morigage and the note it secures and that ihey are aware
~ of their rioht to have their ov~n attorney examine said mortgage together with the said note it secures and
:£~-:r advise them as !o it. Q~QK 2~9 ~6E~8~
~ (4) Tnis ~s a Purchase MONEY SEcond MORTGAGE. a
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