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HomeMy WebLinkAbout1329 ' _---x-----------.._-- MORTOAai Oti[O IIAMCO ?OIIM 11tie ` •o cowrowwttots •wow trtotviouw~ - 4'x'600 1D • ~ . Executed the 28th day o/ Feb~vary A. D. 19 80 6y c Hector J. de Paula Arias and Maelia S. de Paula Arias, his wife • heretrta(ter~called the mortgagor, to BENCHMARK CONSTRUCTION COMPANY, INC . ~ r • a rnrpomtion existing under the laws of the State of Florida .with its permanent postof Jice address ne 1108 Alameda Avenue, ~ Fort Pierce, Florida- hereinafter called the mortgagee: - (Wherever cared hereiw the Ceres 'twor ~w~~ awd "eortpree" iatlude aU the pubes to this ietrueewt asd the heirs. igtal represrntatisss and assitro e[ iwd~FviduaL, awd the succeuors aad araiRws of corporatiows: awd tie tore "vote" inlcludes all the votes hereiw aieseribed it core thaw owe.) ~~~nessedt, that /or good and valuable considerations, and also to rnnsideration o/ the aggre- gate sum named in the promissory note o/ even date herewith, hereinafter described, the mortgagor here- ' 6y 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. viz The North 16.66 feet of lot 32 and all of lot 33 and the South 16.66. feet of lot 34, Block 46, SAN LUCIE PLAZA SUBDIVISION, Unit ~1, as per plat thereof on file in .Plat Book 5, page 57 of the public records of St. Lucie County, Florida.; also known as builders' lot 9, 3116 Navajo Avenue. The mortgagor covenants and agrees to comply with all the terms and conditions of that certain first mortgage on the above des- I cribed property executed by Benchmark Construction Company, Inc., in favor of First Federal Savings and Loan Association of Fort Pierce dated May 28, 1975, and recorded in OR Book 239, page 2938 of the public records of St. Lucie County, Florida, in the original principal sum of $24,000.00 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 i in that event, the principal sum hereunder secured shall be j due and payable immediately thereafter notwithstanding anything herein to the contrary. And the mortgagor hereby further covenants and agrees-not to convey the property mortgaged herein without the consent of -the I ' mortgagee, and the assumption of the new owner of the unpaid ~ balance of the mortgage, in the .event transfer of conveyance _ f is made without the consent and the assumption in due form, the unpaid balance of this mortgage ma be accelerated ~ without notice by the mortgagee, and the mortgagee may declare the entire debt due and payable. ~ 7~ 'O ~ , ~ - r Received i 3~ in PaY~nt of Ttfoas , l4gMW. a c f T ; ; ~ ;-=1 ~ { ; ` : ~ Due On Cim "C" inta^~ibN Penor+~ rr~~11 D ~ _U M_ E Nj A R_Y ~ : . S T h tin _ < ' ~ p~rtunttt To CiMPtM 71 4Ei'T i~r :tEYE:aUE s:• ~`"~±,ti ' _ r _ ~ ~ _ .._~?t'~' _ • ev = P.B. = iE$29'8J t` i',J_~} ~ 0. ~ 0 ~ C~ Q~tMI~ a1M{r ~ E ~ BOOK326 PACE~J~?7