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HomeMy WebLinkAbout1031 MORT~AOE OEED • RAMGO fORM REJS ~ TO COR?OI~ATION swow ~wo~v~oux~ ;~(;~339 ~ r • ~ F:xrcute~I tlu~ ~jth dny oJ October A. D. i9 73 by Donald R. James and Betty J. James, his wife hereinarfer cajletr f~e mo~tgagor, fa Harris Construction Corpora~ion a corporafion exisfinQ un~er lhe jaws oj !tie $tate o~ Florida . u~ith ifs permanent poslof Jice ~dd,~ss p~ ~10 Orange Avenue, Fort Pierce, FLorida hpreinaJter rnlled the mortflagee: (NAemer uxd 6creia the terms "mwttaRor" aod "mortsasee" ieclude at! tbt puties to t6u iwwmest ssd tAe ?ei~s. lesal Rprexnuti~es a~d auiRm ot individwh. and t?e wccewus aad aasitm oI capora[iwu: and ~At term ••ao1e•• ~ncludes all tAe uuta 6creia dexribed i[ more tsaa oae.i ~~~l~~.1~~ that /or good and vnlunble c~onsideralions, and also in considerotion oj the agqre- gnte sum named in t6e promissory srote oJ even date herewith, I~ereinaJter desc?i6ed. the mortgagor kere- by grants, bargains, sells, nlipns. ?emises, conveys an~ confirms unto t~e mortgagee nll the certain ~nd o~ w~ic{~ the morlgagor is now seizec~ anc~ in possession situate in St . Lueie County, Floricla, viz: Lot 5 less the west 22.24 feet thereof and the west 27.14 feet of Lot 6, Block 5, RE PLAT of SUNSET PARK, as per plat thereof on file in plat book 11, page 28, of the public records of St. Lucie County, FLorida. R 1 A ~ ? ~ KoT~c~ • STATE JF FLO ~ - - S T A~V1 P? h)~ ~ 7 THts Is A L~c.t~~~o~~. , r:. ar • 70~.UM~NIAf~Y,•:".:..,;t ' - - ~ ~ ~~EPt Oi ~sEvEt~i~t~lr ~:j:.~ ~ MATL'$ITY Ti;i:ItF' : it.L ~ti ` - ,j•, - ~':l~ ` O 7 Z O ~ 0 ~3r1LAitil;E U1i Lt ~i:• I'AYA't3LF: - Pe. " OCT30'7~ " o = «~oz~ ~ ~ og ~ .3. 73~ - D ~ _ s~ RECEIVED - tN PAYMEI~f OF TJIXES DUE ON CUISS 'C' INT11~16IBlE E~''~O:ial PROPERIY~ WRStLINt TO CW?~'i2 71J3t. AC1S 1~11. it0(~Er7 POITRAS ~/~5•~' I~W( Cli1CUtT COUpT, ST. WCIE Op. ii~ • IN At~D1710N TO THE COVENANTS HEREfNAFTER SET OUT THE MORTGAGEE AND MORTGAGORS COVENANT At~D AGREE THAT: (11 Th~ h10RTGAGOR herein shall make within 7 days of the due date, the payments calted for in the lst mortgage now encumbering this property, to the MORTGAGEE herein at ` it S office or some other Rlace as designated by the MORTGAGEE herein. ~;2) The lJ!OR7GAGOR herein shafl pay within 30 days of the due date all pertinent charges for fire and :~indstorm insurance, all ad valorem city and%or county taxes, any special improvement assessments and any ; ~ther special governm~ntal assessm~nts or charg~s. ; ;3} if tne 1~1CRTGAGOR herein do not make the payments on the lg~ mortgage , the fire and ~ ! ~~indstcr r ins::rance premiums and governmental taxes or special assessmants as they come due, as wet( as the ~ayments cailed for in This mortgage deed, then the MORTGAGEE herein can at i~ S ; ootion make these payments, adai~g said payments made to the balance due hereunder. If any one or al! of ~he afcresaid payments remsin un~aid for a period of 7 days or more, then the MORTGAGEE can at its ~pt;on, without further noti~e deciare the ba~ance due under this mortgage due and payable in full at once = a~d forthwith place ths matfer in the hands of an attorney for collection or enforcement. In this event all ; ~o_ts ;ncurred wil! be chargeabie to the balance due unde~ this mortgage. ;41 The MORTGAGJR herein shsll not further encumber this property exce~t by obtainin j WRITTEN per- mission of ths MORTGAG~E herein and any attempt to do so wiiF~out this written permission ~vill be null i an~ void. ~ ;5) Ths MORTGAGOR he~ein witi at the request of the MOR~GAGEE herein, refinance the first mortgage ~cw encumb~r;r?g this property at any t;rne deemed desirable by the MORTGAGEE herein. The pro- ' ceeds of the said refinancing shall be applied against the unpa:d balance due hereunder. 3 ; ib; The MOR7GAGOR herein will be at the req~~est o` ihe MORTGAGEE herein acknowledge, in writing, th~ exissence of fihis mortgage and the amount still due thereon on a estoppel form provided for this pur- aose by the MORTGAGEE . - ;7) Failure on the part of the MORTGAGOR to comply with, perform, or abide by any of the agreements, 3 stip~l3tions, conditions and covenants as set forth above in sections 1, 2, 3, 4, 5, b, empowers the MORT- - GAGEE herein, at his option, to declare the entire bal~nce dua hereunder, to be due and payable at once - ,vithout notice. Faiiure of the MORTGAGEE herein, to exercise this option at any time shall not constitute a ,nr~iver of the right to exercise this op~ion at some later fime. ~ ~ ;8) The MORTGAGOR further agree that this mortgage constitutes the entire contract between the par- ties hereto, that they have read the provisions of ihis mortg~ge and the note it secures and that they are aware of their right to have their o~Hn attorney examin~ said mortgage together v~ith the said note it secures and ~ advi;e them as to it. ~~i z ,`9) Th~s ~s a purchase M.ONEY SEcor,u MCRTGAGE.