HomeMy WebLinkAbout2387 ( ~ro~o~os os~o ~=~M ws! ~ea~ ~?Z RAMCO IORM Rr• -
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C. R. I~AaDONAID, JR.. Aken~~ 189~32
Citis~as F~dw~l M{I~iq
H. Pi~rc~, No~d+ j~~ j
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Eare~u~.d ~he ~'n day of January A. D. ~9 7~y
BERNARD MATTHEWS and CAROL MATTHEWS, his wife,
herei?w~te? cal~ fke mo?fgagor. to
OWEN G. DAVIS and OLLIE MAE DAVIS, his wife,
~ hereinnjter cul~ tha morigugee: ~
~ (MI6e~ever med ?creu tLe ares ••mor ,b•,aed ••mortsa~ee•' i~clyde ap ~ partia ~s ~W iaan~e~t asd ttis \eus.
inc~h~des~ av
Il~ihe uwtea Aerei~ de~en6td i(uMa~ t?u owe?e wcoeson ud arian o[ e~pontw~f: awd tw let~ ••wte•• ~
~`t~~~~ t6at jor gooc~ and ualunble c~nnstderattons, and a4o in rn~side?ation o/ the aggre-
gate sum nn?nea in l~e promisaory note o~ even dnfe he~~teh, ~ereina~ter desc~i~, t~e rnortgagor here-
by grants, bargains, sells, aliens, remises, conveys and oon~irms unto the mortgngee nll the certain land
of which t~e mwtgagor is now seized nncj in possession situate in $t. Lueie Co~~,
FbRda, viz:
The East 139.93 feet of the West 164.93 feet
of the North 75 feet of the North 180 feet`"'
of the South 330 feet of the East ~ of the
Northeast ~ of the SW~ of the S$~t of Section
17, Township 35 South, Range 40 East.
This is a purchase money second mortqage and is inferior to the Firs
mortgage held by First Federal Savings & Loan Association of Fort
Pierce, in the original amount of $11,000.00, dated January 16, 1970
recorded January 20, 1970, in O.R. Book 182, page 1035, of the St.
Lucie County Public Records, which the mortgagors herein assume and
agree to pay.
In the event that the mortgagors default in any payment or condition
stipulated in any prior mortgage for a period of sixty days, or in
` 1,~ the event of any default in a rrior mortgage so as to cause such
prior mortgage to be accelerated and become due and payable during
f~~ the continuance of this mortgage, then t
he en tire sums secu r e d b
y
! this martgage shall become due and payable at the option of the mort
gagee .
The mortgagor covenants and agrees to make all payments and perform
all ar~nditions and covenants called for in any prior mortgages now
incumbering the property, and in the event of default in any such
pay~aent or payments, conditions or stipulations, the mortgagee, with
out waiving the option to foreclose, herein reserves the right to
make auch payments, or perform such conditions or stipulations so as
to maintain the prior mortgages and prevent a foreclosure thereof.
Any and all such sums paid or expenses incurred on behalf of the
mortgagor, together with interest thereon from the date of payment
at the rate of interest prescribed in the note underlying this mort-
gage, shall be added to the mortgage.indebtedness and be secured by
this mortgage.
Privilege is reserved to prepay this note and mortgage in whole or
in part at anytime without notice and without penalty.
D U
. pECEh'ED ~ l IR °~Y~4~"tT Qf TA`(FS
, D'JE OH C1J1SS 'C' I'?TINGIEIE PE't 3"i'.i P:J: 6:iY, .
W 5~ A ~ t- L U fl l U~ ~ Plif
S"JANT TO CtiAPiER 20724. ACiS Of 1911.
p.. ,
c~ ~ DOCUMENTA,~_, STAldP 7A~i P~~~ ~R~ Clerk Ciccu;t ~cu~t
~v
= FEB-~'70 ~6~`, - = as Agent fot DANIEL N. KN~JWEFS, 1R -
~ =
~ c°~ = ~ ~ 2 2~3 ; St lucie t~ Tax Colt~tor
N CAM{~TR~ILER
P~.140138 = oai ° - ~ vl~.~~~ -
~ pEPIJjY CLER!(
eaoK ~O~ PAGE2383
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