HomeMy WebLinkAbout2806 MOIIfOAOt D[[O RAMGO FORM R~bM r1,
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Made thi: 30th ' dpy ol August , A. D. 19 67 .
~~Il J. R.'Duncan and Lindy Duncan, his xife
353 ~ll~ood Drive, Ft. Pierce, Fla. .
called the Mortgagor . and I+loyd Taylor call~d the .'1[ortg~get .
I That th~ sai ~tort
~~~1u~~ d gagor ./or and en cona~deratton o/ ~h~ sum o/
Ten 00/100 Dollars.
to them en hand ~•aid by the said MortBagee . the rectipt whereoj ii hereby acknowl-
edged. granted. bargained and sold to the said ~lfortgagee tbeir heirs
a~2d assigns jorever, tht /oilowing described land. situate, lying and being in the County o~
St. Lucie . State of Florida . to-wil:
Lot 1la, Block 6, of the RUHLYAN SUADIQISION, according to Plat thereof
on file in Plat Book 9, page 55 of the Public Records of St. Lucie "
~ Countq, Florida - ~
~ This is a Second Yortgage, being sub~ect to a certain First ~[ortgage on ~
~ the abo~~e real estate from the above Yortgagors to First Federal Savings
and Loan Association of Ft. Pierce~ in th~ original amount of =S,OOU.W. ~
The abrnre Yortgage~ shall have the ri~.ht to make any payments to above ~
First Yortgage xhich ar~ 30 days or more past due, and aqq such payments ,
shall be added'to this Mortgage and the obligation secured hereby, and
, shall draw interest at the rate o~ 7~ per anrium from the date of such
payment, or payments.
and the said 1lfortgagor do hereby jully uwrrant the title to said land, and will dejend the
same against the lawf ul claims o
f all persons whomsoever.
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~1~ That i~ said Mortgagot , their heirs, legal repres~nfatiues
or ass~gns. shall pa~ to tbe said Mortgagee . his legal repres~ntatioes_ or asaigns, a
certain promissory note. a copy of which is on fhe reverse aide hereof. and shall perform and
~'comply with each and er~ery stipulation, agreerneRt ared covenant of said note a»d of tl~is Mortgage,
~ then this MoMgage and the estate hereby created sha!! be uoid, otheru~ise the same shall remain
in ful[ foree Qnd uirtue. And the said Mortgaqor covenunt to pa,y the intereat and principal
promptlg when dut; to pay the taxes and assessments ote ~aid property; to carry insurance againat
/Ire on the building on said land /o~ not less thatt # 80~ Appra~sgd approued by t/~e Mort-
gagee , with standard mortgage loss clause payabte to MoMgagee uE the policy to be held by the
.Nortgage~ . to keep the building on said land in proper repair, and to uxrioe the homestead
~ exemption.
Should any of the above coUenants be broken, then said note and all moneys ~ecured hereby
shall. mithout demand, iJ the Mortgctgee .~s legal representafioes or assigns, so
e[ect, at onc~ become due and payQble and t/ee mortgage be /oreclosed. and all coats and eapenses
of collection o/ said moneys with or without suit, including ct rtasonable /ee /or tht Mortgagee
attorney, :hdll be paid by tht Mortgagor . a~id the same are hereby secured.
The said .itortgagors hereunto set their han~ and ,
seat s the day and ytar Jlrst a6ove written.
Signed, sealed and' deliu~~ed in our prescnc~: • ,
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600K~1l0 PACE~~IJV ,
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