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HomeMy WebLinkAbout0971 + 3 ~ MORTOAOt OttD ~$~~1~ RAMCO ROwM irA sNOw~ ?o~w / ~ ~ ~ ~ Made this lst day of October A. D.19 69 . . ~ttWetli Usvaldo I.EOn De La Barra and Helen Leon De La Barra,his wife . hereinajter called the Mortgagors , and Lloyd Ta f].or hertina/te~ called the Mortgaget , ~t11QSS~~,That the said Mortgagoas , ~or and in eonside~tioR o/ th~ sum oj One Dollar to thEm in hand paid.by ihe said Mortgagee , the ~eceipt whereoj is hereby acknowledged, havF granted, Largained and sold to the said Mortgagee , thei r heit~ arrd assigns, foreoer. fhe following described land, situate, lying and being in the County oj St.Lucie ~ , State of F~orida . fo-wit: Lot 9,glock 7,RF;PLAT OF PALM GAR1tENS,as per plat thEreo£ on file in Plat Book 12,Page !~2 of thE public records of St.Lucie County,Florida. This is a Secon3 ~ortgage,bEing sub3ect to a certain First mortgage to First FEderai Savings and Loan ~?ssocietion given by Lloyd Taylor and Clotilde F. Tay2or,hZS rrife on -he abavE rEal estate,in the original amount of ~9,350•~ an3 the balance on October 5,1969 of ~7~~3.20 The ~'ortgagee shall havE thE right to make any paytnents to First Federal n~i the First Mor.tgage xhich are 30 days ar more past due,and any such payments sha ~ be secured here and added to this mortgagE an3 draw interESt at the rate of 8~ ~ ~ per armua! from date of such pa~ymEnts. ~ artd the said Mortga9or s do hertby f ullg wiarrurit the title to aaid land, and will de f end the samt against the lawf ul claims of a!1 penona whomsotver. ~rou~ded ~ltw~ujs~ That if said Mortgagor s, tt;Eir heirs, Itgal representatives or assigns, shall pag unfo the said Mortgaget , or his legul representatives or assigns, a certain promissory note dated the i5th ~ day of October , A. D. 19 69 , for th~ aum of ~o Thousand Seven Hundred Fifteen ar~ t~3I7-~ Dollars, P°lJab~~ m~ntY:ly with interest at 8~ per cent. from October,l5 1969 signed by Osvaldo Leon De La Barra and HelEn Leon De La Barra,his wife and shatl pa~t all suma payable hereunder, and per- form, comply with and abide by each ated euery the stipulatior~s, agreements, conditiont and cove- nants of said promisaory note arid of this mortguge. and shall duly pay all taxei, and also in~urance pr~miums nasonably required, and all cost~ and expenses iRClttding a rtatsonablt attorney'a fee, which said Mortgagee may incur in callecting money secured by this mortgage, and also in en jorcing this mort~age by suit or otherwise, there this mortgage and the estate hereby creafed sfial! cease and be null and void. ~n ~~~~~f ~ the said Mortgugor s hereunto set their hand s und seal s the day and year Jtrst above written. Sigreed, sealed d d~ `uer~d in prea~nce of us: •~~a~i~ ~~.~~t. - ~ PrepairEd by Lloyd Taylor - l:05 So ~th Street Ft.PiErce,Fla. dppX ~O p~ 9~ . y„~ 4 . - r ~ - _ _ - z ~ -