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~~Iacle thi~s 20th daJ of February ,.l~. D. 19 67
~~~n Carlis Lorgan and Pagricia B. tdorgan, husband and wife~
of 70b Kearney Road, White City, Fort Pierce, Florida~
culled the .htort~a$ur, and I,oval Biller. a single adult~ of 3051B S. 4th St.~
Fort Pierce, Florida, called the Mortgagee,
Witnesee That e sai,cl ort ~a~ur, or and in consideratio~a o thc sccrri o
thie Thousan
and no~00 ~gl,aJ6.00~ f Dollars,
to hint in hand paid bJ the said .hfor.t~agee, the receipt wltercof is herebJ acknowdedged,
have g'ranted, lx,~rgatirted a~ad sold to the said .~lfo~~tga~'ee, the ~
fotlowin~ described lanc~ sitcutte, lyi~a~s und Leiag in the CocintJ nf St. Lucie
State of I~orida to wit:
The South Half of Lots Eight and Nine, of Block One, of WHITE CITY ESTATES~
as per plat of said subdivision on file in Plat Book 9, at page 48, of the
Public Records of St. Lucie County, Florida~ (S~ of Lots 8 dc 9~ Blk 1)
This ~ortgag~e is a second mortgage ~eing su~sequent and subject to a certain
fi:st mortgage on abpve real estate fron the above mortgagors to Citizens
Federal Savings and Loan Assoaiation of St. Lucie County, Fort Pierce, Flori~a,
which first mortga~e is not iri arrears or in default. Should there be default
in the payments or obligations under said first mortgage the abpve mortgag+ee
shall have the right and option, but not the requirement, of pay-ing ar~y or all
delinquent p~yments or obligations thereunder and of adding the same to this ,
mortgag+e and same shall bear interest per annum from date ~r datee of
such paylaent (s ) .
.
~
anc~ the said .hTort~a~or does herebJ futly u~acrrant t/ce title fo sctid land, and will•
~ defend the sa~ne ct~acinst the lawficl elaim,s of ctll persons whonx~soever.
f P`i'OVld~ 1~WSy8~ That if said .hi'ortgagor shull pay to the sacid .M~ort~dgee
~ r.c cNrtain promissory r~ote, 2 copy of w/tic/t is on the reverse side herenf, and sh.all
perform arad comply with e~ch and everrJ sti.pulation, ag'reenaent and covenant of
said note and of tl~is nwrt~ca~e, then this mortga~se and tlie estate Icereby created
shull be voicd, otherrvise the same shall remain zn full force and virtue. Rzd the
~ said .1Kortga~or covenants to pay the interest a~xc! nrincipal promptly wlaen due; to
p~ay the tcc.~es und assessm,ents on said propertJ; to carrrJ instcrc~nce a~ainst fire EC
on the buildin~ on said lacnd for not less tfiun $11,000.00 ,
' , approved
hy th.e .il~fortgugee, urith standard ~nortgdge loss elarese payaLle to .hfort~cc~ee, the
policif to be /ael,cl by the .~Kortga~ee, to keep the building ort sa?,id land i~t proper
, re~mir; und to wuiae the l~orrtestead exe~nption.
.Sh.~ul~l c~nJ of the above covenants be bruken, then sai.d note ara all moneys
secured I,erebJ shall without dentand, if the .Mortsagee so elects, a.t o~t~;e become due
.u~d p~~r~uLle und tice mortgac~e be foreclosed, and n,16 costs and expen,ses of collection
~~f suicl nu~r~eys by foreclosr~re or otherivi,se, inclutling solir.itor's fees shatt be paid by
the atort~u~or, und tlae same are hereby secured.
TII ~ltlle88 ~lerCO~ The said JEfortgagor hereunto sets his hand a~d
,eal tlae d,ay and ~/eai• first above written.
~igned, 3ealed und Deilvered in Preeeaee of U~
.
~ C lis Yor
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