HomeMy WebLinkAbout1686 •OA7~A~t Oi~L~ i1lMilumr.r~;~, ~R., A1~.:ia~. 11A~o0 rMeY w~~
a~ ?~w 4 ~'~~al 6,aL~~~i ~ ~
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Ear.cw.d ~M 30th ~S o1 ~ June A. D. i9 70 6r
~ RO~tALD 8. MORAHAN and SOSl~?td J.!~lORAHAN, hf s wife ,
I~a+NnoJ:.r cntt.d eIu ino.lqoaor. eo
- . MARVIN S. MSLTON
h~et,w/eK oaU~d tla mortgaA~e: -
(w~ere.er .sd.~esei. die ~d ••~ttp~es•• i.el.de all 1M pr~i.. b 1~is i.~er..~oe a.i 1~e Ire~
~Irda~ `w dneeaei'~it are~ d~~e~s.d~ wooraan aw~ ww~ ~f ae~watira; ad as Ie~ "we
ti~at /or good ond naluable ow~sid~atioru. ond alio in oonsidenotbn o/ d~t agpn: .
gale aura named in the pron~is~orp note o~ e~en ~daft ~~dt~i. /~eneinajter d~scrib~d. f~i~ w~ortgapo? 1~t-
by grana. bargaina. seI4. aliena. r+e~nis~. oonwps ~yw
.s w~eo el~. n~oregaa.. alI el~ oatain lond
oJ w6t~h e1~e ~e9~ is nau setud and in pos~~on s~eoaee in ~.~~ie ~ Cow~ep.
Florida vi~s: ~
f
Lots 5 au~d 6, 81ock 2, accordinq to plat of
SILVSR LAK$ PARR SOBDIVISION, which said plat
~ has been filed and recorded in Plat Book 10, ~
Paqe 4, Public Records of St. Lucie County,.
~ Florida. ~
This is a Purchase Mvn~y Second Mortgaqe and is inferior to the
first mortqaqe held by Citizena Federal Savings and Loan Association
of St. Lucie County, in the oriqinal am~ount of $10,500.00, and re-
corded April 23, 1969 in O.R. Book 1?6, at paqe 2945, of the St. ~
Lucie County Public Records.
In the event that the aaortqaqor defaults i.n any payment or
condition stipulated in any prior nwrtqage for a period of sixty day
or in the event of any default i.n a prior mortgage so as to cause .
~ such prior mortqaqe to be acvelerated and becom~e due and payable dur
ing the continuance of this mortqaqe, then the entire swes secured
I', by this mortqaqe shall became dne and payable .at _the option of the
' mortqagee.
~
` The mortgaqor covenants and agreea to make all paym~ents and
perform all conditions and covenants-called~for in any prior nart-
~ qaqes naw incwnberinq the property, and in the event of default in
~ any such payment or payments, coaditions or stipulations, the mort-
gaqee, without waivinq the option to foreclose herein reserv~es the
~ riqht to make such payments or perform such conditions or stipula-
tions, so as to maiatain the prior mortqaqes and prevent a fore-
closure thereof. ~Any and all auch swns pai.d or exgenses incu=red
on behalf of the mortqagor ,~oqether with interest prescribed in
the note underlying this mortgaqe,. shall be added to the mortgaqe _
~ indebtedness and be secured by.this mortqaqe. ~
~
~ Privileqe is reserved to prepay this note and uwrtqaqe, in
I whole or in~part, at any time without notice and without penalty.
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~ ; cocuMEr~raa~s~a~~c~ . ;as ~;t ro~ cu~?:~~~.~icr~owtES, ~t. .
~ Z - - $t L~cie CouGty Tu ~ile~to[ -
~ _ .~I34'70 ~ ~
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+ ~ 9~ ~---`~rt 471
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ao~185 ~168'7
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