HomeMy WebLinkAbout0915 ~ This ~#nstr"~rnent prepared by
F~X~~,e~ "0i1~i'0~ ~-~•.s~.~ !1~' ~ Harry 8. Donley, Attorney,
Stuart, Florida.
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.J~fada this 17th day of June D.19 69,
~~qppn MICHAEL P. PERRUCCI and JEAN E. PERRUCCI, his wife,
culled the JKort~itgur. and F, EARLE MacVAUGFi and iHELMA JOAN F06TER,
as tenants in common with right of survivorship, called the .]lfort,~a~ee,
~~~~~p~• Th,a.t tha saicl JKort~cc~or, for and in considei~action of the su~n of
to ~ez~i ia ~iiind T~~
ti~~te
sadic~.1H'o~~d~~,~e,°tlie~~i~pt wher~eof ia liereb~ acl~o ~~a, ~
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IIR ~~h~~, ~r~ained and sol~ to the aczid Jlfort~a~ee, ths
fotlotair~~ described luncl satuate, lyi~~g and l~ein~ in the County nf St. Lucie
State of Florida to wit:
, Lot 3, Block 6, River Park Subdivision, Unit One, according ~a ~
to plat thereof reccc ded in Plat Book 10, page 69, public #
. records of St. Lucie County, Florida, ~
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and the said .hiort~a~or does herebJ fully r,v4czrna~nt tlae title Lo sccid land, a.nd will
~efend tlLe sa,me ccgciins~ the lau~fcct Ckxim,s of all ~ver8ons whomsoever.
~U~~ ~f~I11J~$, Thut if said .1Kortgagor sluill pa,y to the sa.id JKortgac~ee
~c certain pr~amissory raote, a copy of which i,s orz the reverse sid.e herenf, cwtd sha'll
perform ccr~d corraplrj with e~zch and every stipula~tion,'"agreement and cove»an.t of
sc~iaZ note acnd of tl~is ~nort~ccge, then this rreort~a~e a,~d the eata~te hereby created
xhccll be voic~, otherwise the- smme shatl remain an full force acru~ vtrtrr,f,e,e. -„~nd the
said JKortgagor covenantS to pay the intereat and pri~r.cipat pramp~ly when dr,ce; to
~~y t/ce Gc.ties unal assessmerctS on sccid prnperty; to cctrry insurnnce a~airt~t fire
on the building on adid land for ~tot less tfcac~t $ 4, 250. 00 ,
and windstorm insurance irr amount of 4, 250. 00 a roUed ~
hy th.e Mortg~,gee, with standard mor~~cc~e losa clau~se payar,ble to Jlfort$u~pe, the
~r~licr/ to be /aeld by the JKortgd~see, to keen the buildin~ on sacid lacnd in prnper
rejxtir; ~tntl to wuive the hamestead exet?tptio~t.
.ShouUt ccn~ of the abot?e covena~nts be braken, then said note ctnd all ~itoneys
securetl /~ereLJ Rhc~ll withoict demand, if the .iifort~agee so elect~r, dt once becom.e dtca
~cie~l J~+~cyu,lile ured the mort~age be foreclosed, and o,ll cost~t and expenarea Of collection
~~f' s~~icl rrt~ineys L
f fi,reclos~cre or otheriuise, iRCluding solicitor'ar fees shaell b~e paid b~
the ,~t~irt~ug~r, un~l tlte sunte ctre her.eby secured. ~
~n ~itnrs~ ~ rrr~f, The said .~fort~a~or hereunto sets hia hacnd acnd
xeal tlee dcyy and Jear firat above written.
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