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HomeMy WebLinkAbout0119 MORTOAOt O[tD RAMCO FORM R[bM ~ / ~ 159668 ~ ~ ~ ~ ~ Made this 218t day o/ Ju1y . A. D. 19 67 . ~w~ll CeciY H. Lundy and Harbara Lunc~y, his wife 351 llelton Drive, Ft.Pierce, Fla. called the Mortgagor . and Lloyd T~rlor cal~Pd the .Vortgagee . That the said Mortgago~ ,/or and in coiisideration o/ the sum of Ten 00/100 and other valuable conaiderationa Dollars. to them in hand p:~id bg ~he said Mortgagee . the receipt whereoj is hereby acknowl- edg~d. granted, bargained and sold to the said dtortgagee - the~t heirs and aasigns /oreuer. the /ollowing described land. situate, lying and 6eing iR the County o/ St. Lucie , State of Florida , to-wit: : Lot 12~ Bloclc 6, of RU~,iU1N SUB~IYISION, according to Plat trereof on file in Plat Bodt 9, PaBe 55 of the Public Records of St. Lucie Caunty~ Florida This is a Second Yortgage~ being sub3ect to a certain first Yortgage on ~ the above real estate ircm the abo~ve ~[ortgagors to First Federal Savings A ~ and I,oan Association oY Ft.Pierce, in the original amauut oi ~8~000.00. 1T The above Yortgagee shall have tt?e x'i6ht to make a~r pa,yments on above ~ " First l~ortgage xhich are 30 days or more past due, and aqy such payments shall be added to this Yor~tgage and the obligation secured hereby, and shall dra~ interest at the rate of 'T~ Per ann~m from the date of such • payment, or payments. and th~ said Jiortgagors do hereby /ully warrant the title to said land, and will dejend the 1 ; ~ same against the lawf ul claims o/ all persons whomsoever. ~ I ~'QU111~f~ ~1~W~S~ That i/ said Mortgagot 8, their ~ heirs. legal repres~ntative~ or ass~gns, shall pag to the said Mortgagee .h~8 legal representatives or assigres, a I{ certain promissory note, a copy o/ which is on the reverae .side hereof. and shall perf orm and 1~ comply with each and every stipulation, agreement and covenant o~ aaid note and o/ this Mortgage, then this Mortgage and Ihe estate htr~by created shall be void, other~vise the aame shal! remain I~ in /ull /orce and uirtue. And the said Mortgagor$ covenant to pay the interest and principal promptly when dut; to pay the tares and a~sessments on said propertg; to carry insuranee againat f' /tre on the building on said land /or not less ihan 80~ Apprai~~~ . approued by the Mort- ~i gagee . with standard mortgage loas clause payable to Mortgagee . e policy to be held by the .1lortgagee , fo keep the building on said larcd in proper repair. and to waiue the homestead ezemption. Should any of the aboue covenants be brokere, then aaid note and all moneys secured hereby shall, without demand. - i/ the Mortgagee , his legal representatives or aasigns, so ; ~lect, at once become due and pagable and the mortgage be /ortclosed, and all_ costs and etpPnses of collection o/ said moneys with or without suit, including a reasonabte fee jor the Mortgagee ~ attorney, shall be pciid by the Mortgagors , and the aame are hereby secured. ~ ` ! ! The said .;fortgagor s hereunto aet their hands and ~ t ' seal s th~ day and year /trst aboue written. Signed. aealed and dtlivered in our prestne~: '~WL~~S~ • - - ~ . - • ~ _ _ ~ ~OL'~ ~Gf - - - ~ ~ ~~a:~ v~„~~ ~,~~:z.~~-, _ - - - - ~ ¢ ~