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HomeMy WebLinkAbout0200 r • ~ { MORTOAOE OEEO RAMGO FORM RE,B ! TO CORMRATiON rROM INDIYIDYAI i ` ~~-tUG16 ~ ~ FXPf!lted file 28th day aJ December A. n. {9 79 6y Idella Lamb, a single adult. _ i llereina(ter called the mortgagor, to Harris Construction Corporation a corporation existing under the laws of flee State ol~'lorida with its permanent posfo(jice address at 410 Orange Avenue, Fort Pierce, Florida 33450 bereina(ter called the mortgagee: IWhercrer used 6treis the terms "mort~a~or" aRd "mortsagee" isrlude all the puffin to tha imtrumeat aRd t?e kin. kRal rcpresrnutives aRd assi Rs d iRdYS-duah asd the succeaw.rs sad asit;ss at corporations; aRd the term "Role" ~ncludn all the Rotes 6erciR dexrihed iI more than one.) ~itneSSebt, !leaf /or good and valuable rnnsiderations, and also in consideration o/ the aggre- gate sum named in the promissory note o/ even date leerewith, hereinafter described, the mortgagor leere- by grants, bargains, sells, aliens, remises, conveys and rnn/firms rlnto the mortgagee all the certain land o) which the mortgagor is now seized and in possession situate in St . Lucie County, t=lorida. viz: Lot l7, Block 6, Sunrise Park iJnit #1, according to the plat thereof on record in plat book 8, page 42, of the public i records of St. Lucie County, Florida. IN ADDITION TO THE COVENANTS HEREINAFTER SET OUT, THE MORTGAGOR COVENANT3••AND AGREES THAT: (1) The Mortgagor herein shall::n{ake 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. (2) The MORTGAGOR herein will at the request of the MORTGAGEE HEREIN ACKNOWLEDGE IN WRITTNG, THE EXISTENCE OF THIS MORTGAGE and THE AMOUNT Sti11 due thereon,. on as estoppel form provided -always for this purpose by the MORTGAGEE. (3) This is a purchase money second mortgage. (4) Upon request by the MORTGAGOR herein, the MORTGAGEE herein, at its option, within twenty (20) years from the date of this mortgage may make future advances to the MORTGAGOR herein. Such future advances, with intheres thereon shall be secured by this mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of indebtedness secured by this mortgage, not including proper sums advanced to protect the security of this mortgage, exceed the original amount of the note secured by this mortgage plus U.S. $i,000.v0. (5) This is not homestead property, the MORTGAGOR herein presently resides at 4~5 N. 14th Street, Fort fierce, Florida 33450 - _ _ } ~ t - q _ ~ _ - ~ Received • O e~ in Payment Ol TaxM 4 Due On Class "C" inlarpib{e Persona{ Prope~t~t, Pursuant To ChaptM 71,134, Ass Ot f 371. ROGEII l~O~fiRAS ,pe 0 Cistk ClroWt Court ~t L~tt0lti Lam. /ltt. 6 PAGE