HomeMy WebLinkAbout1347 •
r
MORTOAa[ D[[D ~ ~ ~
O RAMCO FORM R<ss "
TO CORMIIATgN /ROM INOIYIDU ~Vr 7~
- I
i~
Executed the ~ ~1' N d ~ day o~ January A. D. tq 80 6y
JIMMY R, PERRY and ROLISA A. PERRY, his wife
hereinafter called the mortgagor. to ~
a cor~i+at~on ANYder the laws of the State of F 1 0 r i d a ,with its permanent postojjtce
address at
hereinafter called Iho mortgagee: ~
(tWAaeMeT ..cd t~e.e:. die eet>ti a.e "~s[es" i.dree ,d ~?e p.reie. eo t?ia :w~a..ewt ..d urn 6eieer
tarot repaewnaw awd otRU~Rawd t?e wooesoea awd ~d d eoeooeatan; aRd t4 ~enw ' ROIL'
iwcbdn aY t\s wolle ~ereiR de~eratad i/ ~oee owe.)
~nt~bt, that for good and valuable eonside?at;ens, and a4o in rnnstdenltion of !h. aggre-
gate sum named in the prondssortr rota of even date herewith, hereinafter doacribed, the mortgagor bore- i
~ 6 rants, etas, selb, aliens, tremtsos, conv _
~ y g bang eye and con/irms unto the mortgagees all the certain land
of which the mortgagor is riow seized and in pouession situate in $ t , L u e i e County.
Florida, viz: ~
Lot 8, Block 73, INDIAN RIVER ESTATES, UNIT NINE, a subdivision ~
as recorded in Plat Book 10, Page 74 of the Public Records-of }
S T , l U C I E COUNTY , FLORIDA ogee:.-uc s 1n h!?f~ttt Of T1AO
:,e Un C~a~ "C" trrlert~leihfMtttr~~r
Pursuant To ChsOter71.1~,Att~Oflsl~.
~ .
. ~ ct«k ca~lt caw? ~~•IlM?a~.l+r? ~
i ~ . ~
IN AtlDIT1QN'TO THE CQVENANTS HEREINAFTER SET OUT ThE MORTGAGEE AND MORTGAGORS r, "
COVENANT AMD AGREE THAT
i
(1) The 1r10RTGAGOR herein shall make within ~ days of the due date-, the payments t~allad
for in the f i~r8 t mortgage now encumbering this property, to the MORTGAGEE herein at
Its office or soma other place as designated by the ti10RTGAGEE herein. .
The MORTGAGOR herein shall pay within 30 dpys of the due data all pertinent charges for lira an~
~~I windstcrm insurance, all ad valorem city and;
or county taxes, any spacial improvement assessments and any
-other sp~ciat governmental assessments or charges.
I (3) If the MORTGAGOR heroin do-not make the pay-rtnents on the first mortgagt: , .the fire and -
win;':torm insurance premiums and governmental taxes or special assessments as they come due, as wall as
~ the payments called for in this mortgage deed, then the MORTGAGEE herein can at itg
option make these payments, adding said payments made to the balance due hereunder. If any one cr all of
--the aforesaid payments remain unpaid for a period of 7 days or more, then the MORTGAGEE can at
option, without further notice declare the balance due under this mortgage due and payable in full at onu -
and forthwith place the matter in the hands of an attorney for collection or enforcement. In this avant all
coos incurred will be chargeable to the balance due under this mortgage•
(4) The MORTGAGOR herein shall reel further encumber this property except by obtaining WRITTEN per-
rr.i;sion of the MORTGAGEE here_ in and any attempt to do so without this written permission viill bQ null
(5) The ~dORTGAGOR herein will at the request of the MORTGAGEE. herein, refinance the first mortgage
rto.i encumbering this property at any time deemed desirable by the MORTGAGEE herein. The pia
ceeds of the said refinancing shall be applied again~? the unpaid balance due hereunder.
- (6) The lJIOf.TGAGOR herein will be at the requfsst of ~ihe MORTGAGEE herein acknowledge, In writing,
the existence of this mortgage and the amount atilt due thereon on a estoppel form provided for•this pur-
l pose by the MORTGAGEE - ~ - : ~
t7) Failure on the part of the MORTGAGOR ' to comply with, perform, or abide by any of the ag?eemetits, (
stipulations, conditions and covenants as ~iet forth above .in sectipns 1, 2, 3, 4, S, 6, empowers the MORT- €
~ G~.GEE herein, at his option, to declare thy.entire balance due hereunder, to be due end payable at once
s -~Nit'riout notice. Failure of the MORTGAGEE.}}-'~. herein, to-exercise this option at any time shall not constitute a _
w:,iver of the right to exercise this option ~1 sorrtl ~eteF~timd ; ~
(8) The MORTGAGOR further agree`~tliiaf 1(ils }rlorjgage ponstitutes the entire contract between the par-
ties h::reto, that they have read the provliitM~ of thf~`mt:rfgeg and the note it secures end that they are aware ~
of their right to have their awn attorney i~,tenlinA said:;,rrwrlg~ge to,^,ether with the said note it secures and
advise them as 1o it. y ~~:ti~-• ~ ~ ~ ; - - - - -
f~ (9) This it a ~i~~-`.j~~,'~Q, MORTGAGE.
~.-mat:~_
t i.
• ~ Tie. ~ f / 4 -
v -
N ~y _ - ; ~ a ~ ~ s0ac32$ PacE134`~'
- i