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HomeMy WebLinkAbout2948 MORTGAGE O[[O \6 RAMCO FORM R[~0 TO CORMRATION IROM INOIV IOUAL F.recltted the 14th day aj i`Iareh A, n. 1980 6y Ezekiel L. Jerkins and Lucy O. Jerkins, his wife, 1206 N. 25th Street, Ft. Pierce, Florida, 33450, herei?tajter called the mortgagor, to Harl'iS Construction Corporation, a corporation existing under the laws of the State of Florida ,with ifs permanent postof jice address at X10 Orange Avenue, Fort Pierce, Florida, 33450 hereinafter called the mortgagee: INhercver used beniR the terra "'mwt[a[or" and "mortsa~ee" iwclnde all the pubes to thu iwtrtuweRt asd toe kin. kRal rcprexnutives and asti~t ro _ol isdividwb. asd the wneaors awd asaiRws of corporatioat; aRd the terra "Rote" includes all the Rotes herciR tk+crihed if ttsore thaw owe.) ~ttneSStbt, that for good and unll?ahle considerations, and also in con:ideration of the aggre- gate sum named in the promissory note of even. date herewith, hereinafter described, the mortgagor here- by grants, hargains, sells, aliens, remises, conveys and rnnjirms unto the mortgagee all the certain land of which the mortgagor is now seized and in possession situate in St . Lucie County. Florida. viz: i Let 7, Block 5, Sunny Acres Sub-division as per plat thereof on record in plat book 8, at page 25, of the public records of St. Lucie County, Florida. IP1 ADI~ITiCN TO 1HE CGVENAIvTS HEREINAFTER SET OUT, THE I•IORTGAGGRS HEREIN COVENANT AND AGREE THAI: (1) The MORTGAGORS herein shah make vrithin 15 days cf the due date herein, the payments called for ire the first mortgage and second mortgage now encumbering this property, to the I•:ORmG~:GEE herein at its office or some other place as designated b3• the MORTGAGEE herein. (2) The MORTGAGORS herein shall,at the request of the MORTGAGEE herein, acknowledge in writing the existences of this herein mortgage and the amount still due hereunder, on an estoppel forirt provided for this purpose by the bORTGAGEE herein. ~ (3) This is a PURCHASE MONEY THIRD MGRTGAGE. i E (4) Upon request by the MORTGAGCRS herein, the IAORr"GAGEE Y,ereir., at its option, within twenty (2C} years frcm tree date of this mortgage deed may make future advances to the MORTGAGORS herein. Such future advances, with interest thereon shall be secured ~ I by this herein mortgage when evidenced by promissory notes s stating that said notes are secures hereby. At no time shall the 1 ~ principal amoi:i-it of indebtedness secured by this mortgage deed, rot including proper sums advanced to protect the security of this mortgage deed, exceed the original amount of the original note secured by~this herein mortgage deed plus t;.S.$1,000.00. r M Rece~veo 8 +n Payalent OITtt~t~s ol,~ or, ctsas ••c•• Ifl(b?1~.Dte P~tiorMl llwrM~ PuntttaM To ChsottK 7i. 134. /?ola 011f71. x 11pt~t1! f~OfiMt . CNrlt CNwtit Cara ft l~d~r Oo?. !1t S ~ ' • Y' l _ t i c~ ~ anti PdGE (~i7~~