HomeMy WebLinkAbout1846MORTOAOE O[EO
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Made this 1st day of Sep~ewber
~~~ CLYD! D. SPARKS and BBI~tA M6B SP1~RK3, his wife,
ST-6526
RAMCO IORM RE04
.t~gs~, -
. A. D. 19 69
called the .;lortgagor s , a--d MBLBi~ F. LIPP, a single adult, called the 1lortgugee
~~~ttuebt, Thut the said .Mortgagors , for and i-- cu--siderutio-t of the a-m o/
ONS THOOSAt~ SIH RUMORED and 00/100- - - r - - - - - - - - - - - - - - -Dollars.
to tbea in hand paid by the said ~1lortgugee ,the rereipt -ahereo/ is hereby acknowl-
edged, have granted, bargained and sold to the xaid llortgugee her heirs
and assig--a forever, the joltou~ing described tu~td. sit--afe. lying a--d being in the County of
St. Lucie ,State o/ Florida , to-u-it:
Lot ~3, Block 53 of RIVER PliR1C UNIT 5,
according to the Plat thereof as recorded
in Plat Hook 11, at Page.31 of the Public
Records of St. Lucie Qounty, Florida.
' This is a Purchase Money Second t~rtgage subject and inferior to a first
sortgage to McCaughan M~rtgage Canpany, Inc. filed for record in Mortgage
~ Book 162, page 231 of the public records of St. Lucie County, Florida.
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and the said Mortgagor s do hereby fully u~arru--t tl-e title to said land, u--d will delend the
same against the lawful claims of all perao-is whomsoever.
~routded ~U~$, That i/ said Mortgagors their heirs, legal representatives
or assigns. shall pay to the said Mortgagee her legal representatives or assigns, a
certain promissory note, a copy o/ which is on the reverse side hereof. and shall perform and
comply with each and every stipulation, agrermPnt a-:d covena--t of said note and of this !Mortgage,
then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain
in full force and virtue. And the said Mortgagors covenant to pay the interest and principal
promptly when due; to pay the taxes and asseas~nents on said property; to car + insurance against
fire on the building on said land for not less than highest insurable,[ved by the Mort-
gagte .with standard mortgage loss clause payable to .'Mortgagee .the policy to be held by the
Mortgagee , to keep the building on said land in proper repair. and to .waive the homestead
exemption.
Should any of the above covenants be. broken. then said note and all moneys secured hereby
shall. without demand, i/ the Mortgagee her legal representatives or assigns, so
elect, at once become due and payable and the mortgage be. foreclosed, and all costs and expenses
of collection of said moneys with or without suit, including a reasonable /ee for the .Mortgagee
attorney, shall be paid by the .Mortgagors . a--d the same are hereby secured.
~ ~ ~a ~~11~ ~I1tCtOf, The said 3ortgagors hereunto set their hands and
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G ~ seals the day and year first above written.
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Signed, sealed and delivered i our presence:
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o ~ ~ Bertha Mae SparkB
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