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.hfade this 7 th day of January ,.q. D. 19 67
~C~NP,~I1 MILTON L. PSILLIPS and BILDA D. PHILLIPS, his wife
culled the JKort~agur, and WILLIAM G. TXS, Trustee ~
called the JKort~ccgee,
W1tIIC88et~~ Tha,t the saial .M~ortgagor, for and in corisideration of tha sw»z of
$1, 485.00 Dollars,'~
tu hinz in handpa id bJ the sccid .hfortgagee, the receipt whereof is hereby acknowled~ed,
has ~rante~, bc~crgained a~cd sold to the said JKort~agee, the
fotlowing described lancl situate, lyi~g and Lein~ in the County of St. I,ucie
. State of glorida to wit:
_
Lots 13 and 14 of Hlock 2, 1KARAVILI.A COURT, ~
a Subdivision according to the Plat thereof
recorded in Plat Book 5, at Page 39, of the
Public Records of St. Lucie County, f lorida.
~ This is a second mortgage, subordinate to
that mortgage recorded in O. R. Book 59 at
page 518 of the public records of St. Lucie
County, Florida.
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and the sacid ~}iortgd~or does herebJ fully war~nt the title W sctid land, cand- witl
defend the same agctinst the lczwfi~t tla,im.s of ctll per8ons whomsoever.
i p1~pVid~ ~W8y8~ Thact if said .Kort~acgor Shull pa.y Eo the sa,id Mort~acgee
~ a certain prorrtissory note, 2 copy of wluch is on the reverse side Itere~f, and shall
E perfornL and coinply with each dnd every sEipulati,on, a~reement and covenant of
said note and of t/cis mortga~e, th,en tlus mortgac~'e and the estacte hereby crea,ted
xlic~ll be voic~, otherzvise the sa~ne shall remain i~ #'ult force a.~u~ virtue. .Bzd tiie
said Mort~acgor covenants to pa,y the interest aru~ pr~nzti~pol Prom.Ptly when due; to
~x~y the f,cc.~es and assessm,ents on sacid P~Pe~J; ~ carry insurance dga,insE fire
on the bciildin~ on ~aid land for not leRS than $ ~ ,
and windstorrn ir~surance in. amount of ~ , dpP~'~v~
hy the .ATartgugee, with stdndard mortgdge loss cluuse paya,ble to .M~ort~ct~ee, the
polic,y to be helcl by the JK'ortgd~see, to keep the bu,ilding on scr,id land iz proper
re~xcir; ~Lnd to waive the li.omestead exe~nption•
~Shoul.d anJ of the abnve covendnts be broken, then said reote dnd acll r~zoneys
.secured lcerebJ ~halt without dem,acnd, if the .11Tortgagee so elect.s, at once become due
~~i~~.l ~r.cyuLle ccnd the m,ortgage be foreclosed, and a.ll cosG4 and expenses of collection
~.f suitl rru~neys by forecloswre or otherwise, irtcluding solicitor's fees shall be paid by
th.e alortgu~or, und the sa~ne are hereby secured. ~
~ ~Il w11:IIe88 W~lePeO~ ~The said .hfort~agor hereunto sets his hand and Q
- ~ .reat the a~aJ acnd ~ear first above written.
- iaaed, gealed aad Delivered in Pe~esence of U~
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