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MIO~YGAGE DEED DREW'S FORM R- 4 Man~lac~a~d and far wt• 4y TM M. l W. 6. D~~. Cow~DO+~~
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I! ~:.1"Pfl1IPf~ IIIly 25th ~ny ~j August ~u~5 6y I
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I.~N'NIE LOYCE LEMMON and J. MILLS LEMMON, husband ancl wife, ;
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F?erc~irea~t~r c~a~~~c~ t{~e mortc~actor, fo HOWARD GREENWELL, Jr. ~ a single dC~lllt.
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I; {~ereinnjter rn~~ec~ t{ic~ mortya,ryee: j
IW'here.er ustd hercin the terms "mortgaqur" anJ "murtra~rc" i~tludc all the parties to this instrueuent and the heirs, ;
I le~cal representati~es and a~aiqns u( individuals, and the sucte~~~~rs and aui¢m u( corpnrations; and the term "nut~" ~
includcs all tht notrs hcrein deKribed i( more tAan une.l ~
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'W~LIl~J.7e~~ tE~at for good anr~ i~a~ua~~~c~ consic~erntions, a?t~ a~so iri consi~{eralion oJ lftp aggre-
j~, ~atE~ sum namec~ in t+~e promissory nole o~ nne>rt c~ate herewit{i, hc~reinn~ter described, the mort,qngor here- '
" 6y ~rurits, bnrgni?is, sells, a(iens, remises, conrc~ys ancl conf irms iu~to !he mort~agee nll thc~ certain land
' o~ tu{?ic{i the mortga~or is riou+ spi~ec~ n~it~ in possession sitt~ate i+i St. Lueie Cottnty, j
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Tracts 10 and 11 of the Revised Plat of Block A of L. W. Halbe Land,'.
' as per plat thereof on file in Plat Book 9, page 28, of the public ~
records of St. Lucie County, Florida, more particularly described as;
follows:
From the North boundary af the South 820 feet of the NW~Z of the SW4 ~
of Section 8, Township 34 5outh, Range 40 East, at the point of in- ~
' tersection with the West Boundary of U.S. Highway No. 1, run South-
easterly along the said West boundary of U.S. Highway No. 1 a dis-
' tance of 516 feet for point of beginning; thence continue Southeast-`
- erly along said West bounda~y of the Highway 170 feet; thence turn !
and run West parallel with the aforesaid Narth bound~ry 600 feet; ;
thence turn and run Northwesterly parallel with the West boundary '
of the Highway aforesaid, 170 feet; thence turn and =un East paralle~
with the North boundary aforesaid, 600 feet to the point of beginninq.
Together with all improvements and fixtures located thereon.
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~ This is a purchase money second moztgage and is inferior to the first.
l~ ''mortgage executed by the Seller, Howard Greenwell, Jr. to the CitizE~n~
, Federal Savings and Loan Association of St. Lucie County, Florida, 1
~ dated January 14, 1965, filed January I8, 1965, 0. R. Bk. 108, pageY ~
''579, in the present principal amount of approximately $13,787.00, whiCh
mortgage the Buyers assume and agree to pay. ~
In the event that the Mortgagors default in any payment or conditior~
stipulated in any prior mortgage for a period of 60 days, or in the '
event of any default in a prior mortgage so as to cause such prior mo~t-
gage to be accelerated and become due and payabie during the contin- i
; uance of this mortgage, then the entire sums secured by this mortgage;
shall become due and payable at the option of the Mortgagee, ~
The Mortgagor covenants and agrees to make all~payments and perform~
all conditions and covenants called for in any'prior mortgages now ~
encumbering the property, and in the event of default in any such pay~
! ment or payments, conditions or stipulations, the Mortgagee, without i
i!waiving the option to foreclose, herein reserves the right to make
i'.such payments, or perform such conditions or stipulations, so as to i
' maintain the prior mortgages and prevent a foreclosure thereof. Any i
~ ~ and all such sums paid or expenses incurred on behalf af the Mort- ;
,,gagor, togethax with interest thereon from the date of payment at ~he;
;;rate af interest prgscribed in the n~te underlying this mortgage, sha~l
'~ibe added to the mortgage indebtedness and secured by this m,ortgage.
Pzivilege is reserved to prepay this note and mortgage, in whole o~
in part, at any time without notice and without genalty. ~
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R~CE~V~O ~ ry,.~~..`r p~~ ~•.~1. P:?~Y~R['f.
p~~:~ CN GLASS'C' lNT 194i~ I
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~t. Lcfcie s~t a x Callecror
~.~t BOOK 125 ~ 3~.7 f
8y REPU7T C~~RK ~ I