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HomeMy WebLinkAbout2591MORTGAGE DEFD Ij IONG FORM TFIIS I~ PAYME VT SIt T ~~-~ f MORT xecuted the o. H. 52 {-~FE52~ BONS REW'E FORM R. E. 6 S A BALLOO>~: MORTGAGE AND ' ~s ~tor Monufn U~rad ~ nd for sol• br 7M 11. t 'N. !. Dr.~ ~061pOnr FINAL for a.on.;lia, Fl s~ido TOGET1iF'R ~~ ~~~~~ '7~?QCEI~~ MA~ F3 Y T F iE aye gee r A. I1. ty62 by GEORGE ESPOSITO and MARCYE E. ESPOSITO, his wife, {tereina~ler called the morlryagor. to iCEL-RAY INVESTMENT CO. , a Florida corpora- t ion, {terc'ina~ter ca{led fire mortgaclee: (Whrrerer uud herein the terms "mortgagor" and "mort¢aged' includr all the parties to this inslrumeot and the heirs. Irgal rrpreunutive and auigtn of individuals, and the succcau,rs and auigm n( corporations; and the Iran "note" include all the [setts hrrcin drscribed if more than onr.) ~tttleSSe~t, 1{tat Jot {food arul oalua{Jle tYlnsiderations, nett also in consideration of t{te agpre- crate sum named in 1{te promissory note of et'en date {teretuit{t, {lereinafter descrilled, !{te mortgagor {tere- 6y crrants, {larpains, sells, aliens, remises, coruteys and confirms unto !{le ntortcrturee alI the certain land o~ ui{tit'{t t{te mortcrarror is noun seized and in possession situate in St . LUCi_~ ~'ounty, Florida. riz: Lot 2, Block 2, of SABAL PALM SUBDIVISION, as per plat thereof on file in Plat Book 10, at page 16, of the public records of St. Lucie County, Florida. TIIIS IS A SECOVD MORTGAGE, and any default in any of the terms, conditions or covenants in the First Mortgage to the First Federal Savings and Loan Association of Fort Pierce shall also constitute a default in the terms and conditions of this Mortgage. A late charge of 5% of the monthly payment shall be added to f each installment remaining unpaid for 5 days after its due date ,^, and a like sum shall be added to each such installment remainir.~ i unpaid 5 days after each succeeding payment date. THIS IS A BAT UPOV MATURITY MOR TOGETF-iER ~+ ITH ACCRUE. THE )r1ORTGAGEE U>~TDER `,~~ "~~~ .~n. ~~~i~c9 y - /~'~ L-_-- in payment of taxes due (`las§ '{:' I;,raraj'„~la f'alsonal Nro^rr'y pu:suent t~ Ll.~l1'1, ~a'iib UI 1U11Gu, !~~ Ui t~J tt J~` - -- - - -- - -- _-~, Tt~`,c ~~fhi4.~C'1:i ~t~ ~s~:~ 4 .: ar, F e;t iii ,LY-