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hprl'i,H1fll>r l'olll't!I'u> mOTIf/Clflor. 10
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[...W'S '01'" t. I. , M..~'o(tv/.d .a. 'et tal. by The H. , W. I. t,.. (..pO"Y
58 1~w:503
Jo,~....i1i., "0l'd11390~j
litis Mortgage Jeed
En'l'llll'd "ll'
7th
clClY of
lofarch
A, D. II) 63 /'V
THOMAS I. SMALL and NINA N. SMALL, his wife
EVERETT C. PRICE and LlND^ LOV PRICE, his wife
'I('rl'illnf'('r collNII'11' morlflClfH'.~:
1\\'hC'ft'\tr \lwod hutin tht Itrau "rnorlJCa~or" and "nwrll("!(t'f''' inclutk ..II tht p.lllit's f(l this ihHfumtnt and thf' hf'in,
It...1 rrp'-rvllUoli'\t1 and auil(lI' or indj\iJuah. and. Ihr 'lICCf''\.\ors and auicn\ or C";.)rp<lrillillr\\; Olnd thr Ctrm "n,)It'"
i~ludt'. .11 thf' nf.U'" hrlC'in df.~rit)('d if more' ltun ont.)
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'Witnesseth, "10' for good ami I'o/lloh/I' c01uit!pralio,u. olld n/50 ill ("ollsiclprolioll of .,... amI'"
flnlp slim nonlC'il ill "1(' promissory 1101(' of f'l'pn clnlp 'If'rf'll'il'l. '11'f('innflf'r clf'scril,f'cI. "1(' morlf/nf/or 'If're
I,)' flreJllls, '''Irf/oills. Sl'lIs. o/il'ns. rf'misps. COIII'I')'S unci cOllfirms IInlo Ill(' morlf/Clf/I'I' ClII "'1' (,I'rloin /nncl
of Il",icll "IP morlf/of/or is 110111 spizpd oncl ill posspssioll si/unll' ill St. Luc ie COlmly.
F/ori(/n. l'iz:
This 1s a purchase money mortgage.
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Lot 13 of Block 5, of Fort Pierce Highlands, Unit 1, according
toa plat thereof recorded in Plat Book 10, at Page 29, public
records of St. Lucie County, Florida
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I~ is agreed by the parties that the mort~agor shall have the
rlght of prepayment and further that withln six months from the
date of this mortgage the mortgagor will refinance the premises
herein mortgaged with a conventional loan and the proceeds of the,
said loan shall be applied to this mortgage reducing the same I
thereby in the amount of the proceeds and further that in the
event a new mortgage shall be necessary to effect the refinancin';~
the mortgagee by accepting this instrument agrees to suhordinatp.
the remaining rights under this mortgage to the rights of the
'first mortgagee in the said refinancing,
.~is further agreed that the costs of refinancing in so far as
'~'~..Actual loan costs shall be allowed as a ~redit ~~Binst the :
8UmS herein called for, or those ('(111ed for HI the !:lIst !llcrti::,"c:,c
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AS IS or as reI. l.nallceu. I
Compliance or non-compliance withthis provision shall in no manne~
prejudice the mortgagee herein.
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For goo~ cause shown the above said ~ix months time for re-
financing may be extended for an additional three months period.
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