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HomeMy WebLinkAbout2130 luroann~c wae,f+s~ao u s..• o.r~ca reru I107 ~1oti~ 1i0A'PO~(ii D~-l~~ r~) , TuI?/e La w PYin~ LLO/i9heis. fiiii4~rao! N ~ . ~ ~ i ~ ~ 1~ 152~i ~ i;.• ' ~ t lt l~lt ltl•1~ ~ (W~~K~~~ ~fO~ ~Y~ ~~~II~~~~fAL~~~~~. MpI [~1'~rtLtlA OR I ~ 1N~ Nlj tM MOOr01f \~A ~ lO~oOf~t~O~ t~ tK~ "~Ot~~ i.a.a.. .n w.oew ?wi. iret+aa u.«. u.. a...) we..... wa~ile~r ea.eer.lun ~.da~. w plnnl.va u. vlor.~ t1. ~4r...a eb.. ot.ns eMaa.e.n lael.a..u peaut) ~~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 a r cia . ` gooKlb~ ~ac~2.t~Gti _ v ~ ~ _ :F _ : ~ _ i _~c ~ - , ~i ~ ; I a