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HomeMy WebLinkAbout2246 MORTOAOt D[t0 ~ LON~ Io~M T~ ~f~U~N~ wy ~Oryd RAMCO FORM Ris ~'i. R. IiAsDONALD, JR., Akee~w „/,Q~~~ ptta~a F~d«.1 MiWIp , a v R. N~s~. Fiorid~ »450 ' r - - ~ r ~ ~ ~ Ex~~eed tl~e 30th dAr af October A. D. t9 69 by JAMSS E. H.ATFISLD, a sinqle . adt~,* ~ . . ; herei?enj~er cnlled the mortgagor. to ~ j. ~ cF h' L l.? !-1 M~~ ~ ~ OOCUMENTA ~S7At~IP TA~ BSDFORD F = FOSTER w, ~ = q~t3pr6y o ~150M ' ~er+eina(ter ca~~ec~ fhe mortgagee: • w ~ pB:~ ° ~ ` (W`enrer wcd 6ereu ~!e te~ "iu~~ud "ao~t~asec" i~clu.c ar .ra M.va a ws uae~est aM W Y~s~ kpl rep~eseent;va aad a~~ _ai a~d t?e srecesws a~d aAipa of oor~a~dw: ud 1Ae ~'wM' iacludei aU tie wta~a ~e~a~ dacr~ed iI ~as o~e.) ~~Int~~~ that /or good and vuluable c~onsiderntions, and also in conaiderntion o( tl~~ aggrt : ~ gale aum named in lf~e promtaaory nole o~ euen date herewilf~, i~e?etnn~ter descrtbed. tl~e morlgogor h~?s- ~ by grants. bargains. sel~a. a~tens. rerrusea, canvepa and oonltrn~s unto fhe mortgagee aU fhe ~rtdn innd o~ u~hich t~e morfgagor is nou~ seized and in po~ession ~attuate in $t. Lucie Co~h• Florida, vtz: Ths South 85 feet of Lots 23 and 24, and the South.85 feet of the West 27.66 feet of Lot 25, Block "B", WRST $ND ADDITION, LESS the South 5 feet for road, accordinq to the plat thereof as recorded in Plat Book 2, Page 5, Public Records of St. Lucie _ County, Florida. This is a Purchase Money Second Mortqaqe and is inFerior to the first mortgage held by Citizens Federal Savinqs and Loan Association of S~. Lucie County, in the oriqinal amount of $6,600.00 dated October 13, 1969, and recorded in O.R. Book 180, at Pages 1269-70 of the Public Records of St. Lucie County, which~mortgaqe the mort- , gaqor herein assumes and aqrees to pay. In the event that the mortqagor defaults in any payment or condi- tion stipulated in any prior mortqaqe for a period of sixty dtays, or in the event of any default in a prior mortqage so as to cause such prior ~ortgaqe to be accelerated and become due and payable durinq the continuance of this mortgage, ~hen the entire sums secured by ; this mortgage shall become due and payable at the option of the I mortqaqee. The.mortgagor covenants and aqrees to make all payments and per- form all conditions and covenants called for in any prior ~rtqaqes ( now inctnnberinq the property , and in the event of def ault - in any such payment or payments, conditions or atipulations, the mortqaqee, wi.thout waivinq the option to foreclose herein reserves the right to make such payments or perfonn such conditions or stipulations, so as ~ to maintain the prior mortqaqes and prevent a foreclosure thereof. ~ Any and-all such sums paid or expensea incurred on behalf of the ~ mortgaqor, together with interest prescribed in the note underlyinq this mortqage, ahall be added to the mortgaqe indebtedness and be ~ secured by this mortqaqe. _ ~ Privilege is reserved to prepay this note and mortqaqe in whole ~ or inpart at any time without notice and without penalty. ~ ~ R~ IN PAYMQIi df 11~ES DlIE ON CLASS ~C' INiA11GIBLE PEi~ONAI. PROPE7CIY. ~ PORS?ANT TO C11AP'IER 20724, A~TS OF 1941. ROG~R POITtuS, Ge~k Circuit Coort as A~c~t for DAIiIEI N. KNQYYLES, JR St lucie Cou^t~ Tax Coltecta ~,,~v- BY ~ ~Eptln c~E~c ~ t00K PAI~ ~ . _ - ~ . _ - - r.___._t_.. _