HomeMy WebLinkAbout1829 ~I rOR ~AOaOy [O ~ ~ RAMCO rORM R[e
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Executed the 16th day aJ February A. D. f9 79 6y
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Robert H. Morris and Ruth A. Morris, his wife
heretnaJter called the mortgagor to -BENCHMARK CONSTRUCTION COMPANY , INC .
a corporation existing under the laws of the State of Florida
with its permanent postoffice address at 1108 Alameda Ave., -
Fort Pierce, Florida.
hereinaJler called the mortgagee:
(Whereer uad \ereu dr aero~t~~or aad "aortp[ee" iaclade atl ~?a prtia M tLi~ ia~MYa~t aad tM~~
k;tal ~epeaeandvea aad ar~aa ~o/a~awlividaaLtZusad 1!e aycceaaes aad a~isaa d c+a~yatatioaa; sad tb ~rA ao~e'
iaeh~des all tsc notes 6e~eu daaibed it awra one.)
~`~I~e~v -that Jor good and valuable cansiderattans, and also in con ideation of the aggro-
gate sum named in the promissory note of even date herewith, hereinafter described. flee mortgagor here-
by grants, bargains, sells, aliens, remises. rnnveya and oonjin'ns unto the mortgagee all the certain land
of which the mortgagor is now seized and in posseuion siiuafe in St , Lucie County,
Florida, viz: '
Lot 20 and the South half of lot 19, block 47, SAN LUCIE PLAZA
Subdivision, Unit #1 according to the plat thereof on .file
in Plat book 5, page 57, public records of St. Lucie County,
Florida, also known as Builder s Job #207, located at 3101
.Mohawk Ave., Fort Pierce,. Florida.
The mortgagor covenants and agrees to comply with all the terms
f and conditions of that certain first mortgage on the above
described property executed by Benchmark Construction Company,
Inc., in favor of First Federal Savings and Loan Association
I of Fort Pierce dated August 25, 1978 and recorded in OR -
Book page of the public records of St. Lucie County, '
Florida, in the original principal sum of $23,100.00 and mortgagor
covenants and agrees that he will not permit or suffer any default
in respect to any of said covenants and conditions of said first
mortgage, and any default, breach or violation-of any terms or ,
conditions of said first mortgage shall be a default under the
terms of this mortgage, then and in that event, the principal
sum hereunder secured shall be due and payable immediately
- thereafter notwithstanding anything herein to the contrary.
i And th'e mortgagor hereby further covenants and agrees not to
-convey the property mortgaged herein without the consent of the
~ mortgagee, and the assumption of the new owner of the unpaid
balance of the mortgage, in the event transfer of conveyance
is made without the consent and the assumption in due form,
the-unpaid balance of this mortgage may be accelereated without
y notice by the mortgagee, and the mortgagee may declare the '
entire debt due and payable.
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