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RIDER TO MORTGAGE
, Rider to Mortgage dated--September 7,1979 between TERRY LEE
MARTIN and CHERYL A. MARTIN, his wife as Mortgagors and JOSEPH
G. MILLER as Mortgagee.
A. This mortgage is subject and subordinate to:
that certain consolidated mortgage dated December 29 , 1977 and
executed by Joseph G. Miller in favor of First Federal Savings
and Loan Association of Fort Pierce which Mortgage was recorded
in O. R. Book 279 at Page 2914 of the Public Records of St. Lucie
County, Florida which consolidated mortgage constitutes a first
mortgage lien on the premises described in this Mortgage, now
in the principal amount of $6,746.77 with interest from
September 7, 1979 (such consolidated mortgage is hereinafter
referred to as~the "First Mortgage").
B. -(1) Mortgagor agrees to comply with all of the terms
and conditions of the First Mortgage other than with respect
to the payment of principal and interest under said First Mortgage.
(2) In .the event Mortgagor shall fail to so comply with
all of the terms provisions and conditions of the First Mortgage
so us to result in-a default thereon (other than with respect
to the payments of principal and interest due thereunder after
September 7, 1979) such default on the part of Mortgagor shall
constitute a default under this Mortgage and shall entitle
mortgagee, at his option to exercise any and all rights and
remedies given mortgagee in the event of a default hereunder.
(3) Any and all expenses, including, but not limited to,
title company charges, recording and filing fees, legal fees of,
the attorneys for the holder of the First Mortgage in
preparation of an assignment of either mortgage, and any tax, if =
any, that may be hereafter imposed by any taxing authority in
connection with the compliance by mortgagee with the provisions J
hereof dealing with the payment made or to be made to the holder
of the First Mortgage shall be paid by the mortgagor or any
owner of this premises when requested by the title company and/
k or the attorneys representing the holder of the First Mortgage.
C. (1) Mortgagee agrees to pay to the holder of the First
Mortgage the $6,746.77 unpaid principal balance of said
mortgage, together with interest thereon accruing thereunder from
September 7,1979, as and when required by the terms of said First
Mortgage, i.e.,by paying the constant monthly installments of
$94.00, provided to be paid thereunder on the 1st day of each
month until the Mortgage shall pay the entire principal of said
First Mortgage and all interest thereunder accrued and unpaid.
(2) All such payments provided to be paid by Mortgagee,
pursuant to the provisions of sub-paragraph (1) hereof, shall
be made by mortgagee before the expiration of the applicable
grace periods provide8 for such payments as contained in the
First Mortgage.
(3) Notwithstanding the foregoing, mortgagee's obliga-
tions to make the respective payments of principal and interest
as and when due under the First Mortgage is conditioned upon the
following:
(a) Mortgagor shall not be in default under this Mortgage;
(b) Mortgagor shall comply with all of the terms and
provisions of the First Mortgage other than with respect to the
payments of principal and interest due thereunder after September
7, 1979.
g~~316 PEE 371