HomeMy WebLinkAbout1712 7. That certain mortgage from JOHN R. LONG and ROSE
ANN ZONG, his wife, dated ~arch 30th, 1g62 and recorded
April 14th, 1962 in Official Record Book ~4 at page 320
of the public records of St. Lucie County, Florida.
8. That cert~ in mort~age from ARTHIIR ROSS and IR~NE
ROSS, his wife, da~ed December 12th, 1961 and recorded
December 14th, 1g61 in Official Record Book 25, at page
130 nf the public records of St. Lucie Cnun~ty, Flori da.
9. That certain mortgage from DAVID M. BAILEY and
JEANNETTE M. BAILEY, his wife, dated June 5th, 1964 and
recorded June Sth, ~964 in Officisl Record Book 91 at
page 3 of the public records of St. Lucie County, ~'lorida.
10. That certain mortga~e from ALEXANDER V. HOY and
MIRIA~ M. HOY, his wife, dated July 5th, 1964 and recorded
August 21st, 1964 in Official Record Baok 96 at page 507
of the public records of St. Lucie ~ounty, Florida.
11. That certain mortgage from JAMES H. HA?RDMAN and
BARBARA D. HAR.DM.AN, his wif e, dated November 20th, 7963
and recorded November 22nd, ~963 in Offic9a 1 Record Book
75 at page 420 of the public records of St. Zucie County,
Florida.
1. i ort f m T~IA an IC
I, . D ba e d uar , 5 0 -'r'
e Re d ook 9 3 of • e ~ ~
eco s o St. L ci C y, F 'da. ,
TO HAVE AND TO HOLD the same unto the party of the secand part,
her hea.rs and assigns forever, $ubject only to ~ he provisions
hereinafter contained.
The said part~r of the first part, fer itself, their successors
heirs and assi~ns, do covenant with the party of the seaond part,
her heirs and assigns, that said nntes secured by the above recited
mor~gages have been duly executed and delivered to them, with
intersst thereon, and th~t said mortgages h~ve been duly executed
and delivered to them as security for s~.d notes, that said notes
and mortgages were duly executed snd delivered to them in g bona
fide transaction f ar full value, that nn principal or interest is
;y~t due or in default upon eaid notes, and that the $a~d parties
of -the first part have good right to sell and assign the same.
PROVIDED, NEVERTHELESS, that if the said parties cf the first
part, their heirs and assigns, shall pay t~ the arty of ~he second
part the sum of Six Th~usand and no/100 Dcllsrs ~~6,000.00), accord-
ing to ths terms of a certain promissory note dated October 25~h,
1965 and executed contempor$neously h~rewith and being a part of
this instrument, then this assignment shall be vaid, the same being
~iven for the purpose of securing the payment of the said sum and
a.nterest.
If sny default snall be made in the payment of the said
prinezpal sum. of said las~ mentioned note, or of any installment
of interest ~thereon, when due and payable, or in the perfom~?nce
of the condi~ions and covenants of the said mortgages hereby
~ assigned then and in si~~~r or ar~y such eveni the said party a~'
the second p~rv, their heirs and assigns, upon at least five (5)
days writ~er~ notice to said parties of the first part, specifying
the default, and the latter's fai.lure fully to correct the default
by a date s~ated in said notice (not less than five days from its
date), may elect that the said principal sum hereby secured, with
the interest tr~en accrued thereon, shall be for~Chwith due and payable;
and, ir~ addition to ~che other remedies herein provided, said party
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