HomeMy WebLinkAbout0265 ~IOtTGAGt OfEO OtEW'f FOfM E. i WMrh~twN ~~1 /~r wb ~Y TA~ N. i W. Dnr CMN~?
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E.YP('1!/~ jliP ~ J~j dQy o/ Februa A. D. t9 6y
ry 66
CLSVS J. BOURGEOIS and JEAN M. BOURGEOIS, his wife
hernina~fer callecl fl~e mort,yaflo~, fo
( ROBERT G. HALL and MARY W. HALL, his wife
!
+ hP1'HlflpJter cal[ed tf~e mortyag~:
t (Wbem:~ u+ed 6erein the terms •`aon ~
a~° and "morttaSei ' ioclude al! t6c putics w th$ imwaest aod the ?cin. ~
kltal rcprexnati~ea and assi~ro o! individ~uh. and thc wccezx~n aed aa+iRm o( rn?poratiom: aad t6e tcrm ••wte••
includn all tbe autes 6ereia describcd iI more than one.)
~~~1~~1e~~ fhat for good and valtiable consit~erations, and also in consicleralion of Ihe aggre- '
~ gafe sum namec~ in Ihe promissory note of even c~ate herewith, hereina ter !
( descri6ed, the mortgagor he?e-
, by grants, 6ar~ains, sells, aliens, remises, conveys and confirms unto the mortgagee aU tl~e certain [und
o~ w{~«h ~he morfpa~or is noiu SPIZP(I anc~ in possession situafe in S't. Lueie (..'ounty.
` F(orida. i~iz:
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j Lot 5, Block 2, of SOUTHERN VIEW ADDITION, as per plat
~ thereof on file in Plat Book 9, Page 44 of the Public
~ Records of St. Lucie County, Florida.
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~ THIS IS A PURCHASE MONEY SECOND MORTGAGB, and is inferior to
~ the First Mortgage with First Federal Savings and Loan Associatio
of Ft. Pierce, dated April 9, 1964, and recorded in O. R. Book
~ 85, at Paqe 599, of the Public Records of St. Luc~e County,
Florida, in the original principal amountof $9,000.00, which the
' Mort a ors herein have assumed and a reed to
~i 4 g q pay.
~ In the event that the Mortgagors default in any payment or con- ;
~ dition stipulated in any prior mortqage for a period of sixty i
j days, or in the event of any default in a prior mortgage so as
to cause such prior mortqage to be accelerated and become due
~ j! and payable during the continuance of this mortgage, then the ~
entire swns secured by this mortgage shall become due and payable
~ ~ at the option of the Mortqagee. ~
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! The Mortgagor covenants and agrees to make all payments and per-
~ form all conditions and covenants called for in any prior mort-
~ gages now incumbering the property, and in the event of default
~ in an such a
; y p yment or payments, conditions or stipulations, the
j Mortgagee, without waiving the option to foreclose, herein.re-
serves the right to make such payments, or perform such condi-
, tions or stipulations, so as to maintain the prior mortgaqes
~ and prevent a foreclosure thereof. Any and aZl such sums paid or
, expenses incurred on behalf of the Mortgagor, together with in-
i± terest thereon from the date of payment at the rate of interest
prescribed in the note underlying this mortgage, shall be added
to the mortqage indebtedness and be secured by this mortgage.
Privilege is reserved to prepay this~note and mortgage, in whole
or in part, at any time without notice and without penalty.
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ill *A'IMfNT df T~
~ p{~~~CLA~t~C' INTAMQl~ ~EwdONAI ~ROr[I!T'I~
~ tMpsyANT iOCMArTER ZO AC1f OF 19~1,
~ ROG-~ POIT!lJ1~, G~ek Ckcat G.Yrt
as Ap~~ fa CWTIS M. IA~A~S
( • Ta; C~ctq?
Ay o~~e,Tr cr.t~ec
aaoK~.39 262
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