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HomeMy WebLinkAbout2569 _ / _ MORTaAa[ DEED ~O RAMCO IORM R[i[ TO r:Ow?OwAT10N /NOM Ir101YlOYAI ~ 4~~63 ~ tixecuted the 7th day al December A. D. tq 79 6y Tommy L. Johnson and Vernell Johnson his wife 2000 N. 51st Street, Fort Pierce, Florida 33450 hereirrajter called the mortgagor, to Harris Construction Corporation a corporation existing under the laws of the State oiFlorlda with its permanent posfojjice address at 410 Orange Avenue, Fort Pierce, Florida 33450 hereinafter called the mortgagee: (Wbercver weed berciw the urrro "swort~a~or~ awd "saortpsee" iwrh+de all die yusies to t?is irotrumtwr awd t?e 6tin, IeRal rcpresentatirea and assi ro of iwdividwb, awd t?e wcnwrs and asaiRro of corporuioss; awd sAe urs "wore" includes all the rotes 6erciw described i( swore thaw oat.) ~I~eSStbt, that for good and valuable considerations, and nlso in consideration of the aggre- gate sum named in the promissory note of even date herewith, hereinafter described, the mortgagor here- by grants, bargains, sells, aliens, remises, conveys and confirms unto the mortgagee all the certain land of which the mortgagor is now seized and in possession situate in St . Lucie County. Florida, vi:: Lots 17 and 18, Block "G", Harmony Heights, according to the plat thereof as recorded in plat book 8, page 24, of the public records of St. Lucie County, Florida. . IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT, THE MORTGAGORS COVENANT AND AGREE THAT: (1) the MORTGAGORS herein shall make within 15 days of the due date .the payments called for in the first mortgage now encumbering this property,- to the MORTGAGEE herein at its office or some other place as designated by the _ ~ ~ MORTGAGEE herein. G ~ (2) The MORTGAGORS herein shall at-the request of the ~ ~ MORTGAGEE herein acknowledge in writing, the existence of _ o ~ this mortgage and the amount still due thereon, on an err ~ estoppel. form provided for this purpose by toe MORTGAGEE . . -i;,,: (3) This is a second mortgage. rt-. . •1 .i ~ i (4) Any sums which may be loaned or advanced by the MORTGAGEE j ~ herein to the MORTGAGORS herein or on their behalf, at any ' time after the execution of this indenture, together with , 18.0 per annum interest thereon on the unpaid balance ~ at the time of such loan or advance, shall be equally " ~ secured with and have the same priority as the original ~ indebtedness, and be subject to all the terms and pro- visions of this herein mortgage; provided, however, ,the _ aggregate amount of principal outstanding at any time shall not exceed an amount equal to four hundred (400) percent of the principal amount orginally secured hereunder. e 1lacalved v C~ in Paymarn OtTaxN Dw On Class "C" mtar~Qit,N Parapn~ ply • r C. Pwwarn To Ciupter 71.134. Aotr Of 1sl71. ROGER POti1W ,~1C ' . ~ ClKk Clrwk Court, tt. tatpfR ~r llrt E 3 r "rr~ B~~) PAGE~~6 _ t. k X