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HomeMy WebLinkAbout0684 lONO FOi11 Mc?ss.•:~h. tNr:N ~ 161947 ~ ~ ~ - ~j ~ i~ I ' ~ 1 i H..~ ~~~MI ~h~ day o/ November A. 1). 6~ tir ~ i~ V. F. DUNCAN and WILLI$ JSAN DUNCAN, his wife, i' i I~ereinn~l.~r i alIMI Il~e morfgagor, lo ART GU3T RUSSAKIS ~j ~ I~ereinaJfer raIIMI fhe morfga~ee~: i IN'Aere~Yr u,ed herti~ t6e urm+ ''owrUta~oi' aad "mor4ptee" iaciade ail tAe partin to t6's iw+e~~r~t aad Je A~~n. - . . Fcxal repeexau~i~es asd auitm o( iedi~idya6. aad t6e wnw.~n awd as+i~as uf co~paatiwa: aid t4 ts.+w ••wte•• iorludes all tbr soxs berei~ de+eri~ed i( wo~e tAae u~e.) ~ ~ - j; ~~tn~e~~ d~al f or go«I and i~alua6le ~onside?atious. and also in considemlion o{ the aggre- gafP sum namec~ in Ihe promissory nofe o~ even ~ate herru~ith, hp?einaJter clescri6ed, f~e morfgagor tiere- tiy ~rants, tinrc~ains, sells, alirns, remises, coni•eys and con(irms anto the mwtgagee all tl~e certain lnnd ~i oJ u~~~ic~~ t~e mortyn~or is nou? seizec~ ane~ in possession siluafe in St. Lueie County, i 1'~oricra. t~iz: All of Block 6 of PINE~IUBST SUBDIVISION, as per plat ; thereof on file in Plat Book 6, Page 9, of the public ~ ~ records of St. Lucie County, Florida. ~ ; ' This is a third mort a e and is executed and delivered sub- ,i ~ 9 9 . ject to that certain first mortgage of the above described_property given by the mortgagor to Robert T. Williams and $lizabeth C. ~i Williams. his wife, to s~cure the original principal amount of ~i $10,000.00, and interest, as recorded in O. R. Hook 144, Page 35, ( of the public records of St. Lucie County, Florida, and, also, to ; that certain second mortgage of said property given by mortgagor i, to the said Robert T. and Elisabeth C. Williams to secure the . principal sum of $l, 000.00, and interest, as recorded in O. R. i Hook 166, Page 867, public records of said county. ! ; ; ~ It~is d~tinctly understood and agreed that this third mortgag~ is made on the express condition that ~.f each and every the stipu- 1 i; ~ ~ lations, agreements and covenants of the aforesaid first and second ~ mortgages, or either of them, or the notes secured thereby, are not duly performed, complied with and abided by, then, an in such event. ; # ~ ' the note secured hereby shall, at the option of the holder of this . : third mortgage, become immediately due and payable and this mortgage~ ; ;i may be foreclosed at once. ; And it is further distinctly understood and agreed that should default be made in ~he payment of any of the moneys secured by the aforesaid first and second mortgages, or either of them, or required thereby to be paid, the holder or holders of this mortgage may pay the same, and every payment so made, together with interest thereon j~ at the rate of 1096 per annum from tlze date of such payment, sha21 ~ be added to and beco~ne a part of the indebtedness secured by this i~ third mortgage and be secvred hereby and collectible hereunder. ~ ~ ;l. R ~ _ Ij ~ { I. ve ~ i /O ~ i! ~ T.x~s _ : 1N FAYMEN .fkTY. ' IlfGEiVED i y1~YGIBIf QERC':•'~' ~ OUFOM CtA55'C' ~ T.::.p lr~l. PURSi)AMT TOGMArGe~ C{ Cuit C_vrt ~ ~ R~c(t Pi~i[Rr. . ~ ` o~ A~q ~ CU?jIS M.1AME5 ~ ~M Tox Cdfe~lo~ ~ ~ ' J c~G~~,(~C~~- - _ :i h ofrt,n c~c ~i dCtR7K 169 PAGE 67a7 i I! ,1 ~ il . > - _~:Y;