HomeMy WebLinkAbout0553 ~ w LONO f0 N;v G R' ~R'' ^~~w RAMCO IOI~M RtA
C{N~.A. F.dw.l wtldtA9
p. p~~. p~rW~ ~3450
1836~4
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Ex~ueed the 26th ~a~ oj ~ September A. D. ~9 69 6r
WILLIAM L. BLANCHARD and RUTH S. BLANCHARD, his wife,
hereinaJter called tke mort9aeor, fo
ROY C. PEARCE and MARY PEARCE, his wife,
~ Simpsonville, Kentucky 4006~ ~
~ ~erei:.ajter called the morigogee: • ~
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cw~,~ +~a e~;~ ~ . „a c.~a~ .a ~ r.„;~ e~ ~u~..~.~ ..a ~ ~
~ Rv.~.au.~ .Aaai~ a~t~~~,.a uK ..a at ~,p..; ..a ~ •'r
iechde, .u t~e .ow ?aw dncc~ea iI .u.e oae.)
~`~In~e~~ thnt Jor. 9ood and ~iw~6i~ ro.?~~de.atto?~, and alao in c~onsidenuliort o) tke aggre _
gale aum rwmecl irt !he promissory note of even date herawiiti, hereina~ter descri~. t~ie morlgagor ~ese-
by granls. bar+gains, se~~s. aliens. remises, conneys and oon(irnu unto the moMgagee aU tbe certotn ~and
o~ which the mortgagor is now seized and Qn poasession aifunte in Lucie Count~?.
Florida, viz:
Lots- 23 and 51 of HTLLVTEW SUBDIVISaON as per
plat thereof recorded in Plat Book 9, at Paqe 52
_ of the Public Records of St. Lucie County, Florida.
This is a S~cond Mortgage and is inferior to the first
mortgage with JOI~1 WYCROFF and REB$CCA WYCROFF, his wife, which
mortgage is recorded in O.R. Baok 172, at Page 811, June 10, 1968,
of the Public REcords of St. Lucie County, Florida, which mortgage
the mortqa~ors herein assume and agree to pay.
~ In the event that the mortgaqors default in any payment or condi-
, tion stipulated in any prior mortgaqe for a period of sixty days,
or in the event of any default in a prior mortqaqe so as to cause
such prior mortqage to he accelerated and becomes~ue and payable
during the continuance of this mortgage, then the entire sums se-
cured by this mortqaqe shall become due and payable at the option of
the mortqagee. ~
The mortgagor covenants and agrees to make all payments and per-
form all conditions and covenants called for in any prior mortgages
now incwnberinq the graperty, and in the event of defauit in any suc
payment or payments, conditions or stfpulations, the mortgaqee, with
out waiving the option _to foreclose herein reserves the riqht to
make such payments or perform such conditions or stipulations so as
to maintain the prior mortqaqes and prevent a foreclosure thereof.
Any and all such sums paid or e~cpenses incurred on behalf of the
mortgaqor, together with intereat prescribed in the note underly~ng
this mrotgage, shall be added to the mortgage indebtedness and be
secured by this mortgage.
Privilege is reserved to prepay this note and mortqage, in whole
or in~part at anytime without notice and without penalty.
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~8ent for DANIEL N N ~ co~aa.~
~WLES~ 1R, P.B.19o~3a ~ `
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