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HomeMy WebLinkAbout1023 MORTGAG£ DlEO RAMCO ~'ORM ti~aA , : S SNpRT iv%~M ~ ~ ~ ' ' ~ ~ E ~ ~ ~ 7: ~~~~3~ ~ ~ ~ `t ~ . 1.1).I1?70, ~ .1/ude• fliis cla~ u/ `~,j,~ f ! ~etw~en ELLIOrI'T ,jUDY, JR.; and BARDARA L. TUDY, his wife, hr•re~i~ru/t~•r rull~~d fh~~ .1/nrh~agor g, ant~ [3UCCANEER BUILDING ~:ORPORATION, ~ ~ ~lorida corporation, he~rrin~i~lrr ~•uNect Ihr .1;~,rlyu~r~~ . ~~tn~~~, T'huf Ih~~ snid 1lortgcr~urs , jor und itr ~ui?siclPratio~t u/ th~~ sum o/ U~iP Du!!nr tu i~t l~und Jxiid 6~ tltP s~id ,{f~~rtgai~~~• . th~~ r~•~•~~ipt ~t?h~•re•o/ is le~r~h~ a~•l~nourl~•v~cct, i ~rarrl~~d, hurguin~~d ur~d snld fu fhe• said 1/urlgag~•~ , i ts hcers cutd ' I .i ctssigns, ~c~r~~ne•r, (h~ /oUotving rlr.srrib~d land, silunt~, lying and b~ing in the Cuu?it~ of ~i , Saint Lucie , Stc~te o( Florida , to-u?it: ~ ~ The East 75 feet of Lots 11 and 12, Garden - Villa Subdivision as recorded in Plat Book 9, ~ Pa~e 61, of the Public Record~ of St. Lucie t:ounty, Fioric~a. ' ;,'lfiis is a ~econd mortgage on xhe above-described property, the ; ;~lortr a~ors havin~; assumed and a~reed to pay the first mort~age on ~ said propertv currently held by the First Federal Savin~s and Loan A~sociation of Fort Pi~rce. A~ a provision of this second mortgage, it is herebv a~reed that a default on the first mort~a~e shall be tteated as a violation of the second mort~a~e thereby automatically ~ivin~ the i~tortQagee the ri~ht to foreclo~e on this the s~cend - I'; mort~a~e. ; ~ i' . ~ - E ~ und thF suid 11nrl~ugur~ du hr~reb~ /~dly uxrrrant the ~itlF tv said laud, and u~iN de/end the j ~ ( ji ~ ii samP u~uinst thr latt~/t~I clRims u/ all pPrsoi~s whumsoeuPr. . ~ ~roe~ided ~tways~ Tha! i/ suid Jlortyagors . the i r heirs. /Pgal rppr~~sPnlutit?t~s ur r~ ~ ~ ussi~~is, sl~all pay u~ilo lhr said .Nortg~r~rP , i ts leyal rPpr~sPnfntii~~s or ussigns, a ' ~ i ~~Prtuiit prnmrssory n~,/r clnt~d (hr da~ o/ ...C , A. 1). 19 70, ~or i . _ - - - _ - _ - - - , f/,,. ,~,,,t Tw o Hun d r ed and no/100 200 . 00 ) Dollars. ! ~ , ~ pa,yuhl~ at an agreed upon later date when the u?ith inter~st at ten ( 10) ; ~ Mort~agor~ fullv satisfy the fir~t mortgage ' ~ p~r r~•r?t.~amme si,qned by ELLIOTT JUDY, JR. , and , ~ ~ BARBARA L. JUDY , h i S wi f e, and shall pay ~il/ sums ~~ahl~ her~tind~r, nr~d p~r- ~ ~ /orm, rurnply rnilh and abidr h,y ~•a~•h r~~id en~ry the stipula(ions, QJl'PP/liPIlIS, ~•undilro~is und cou~- ~ ncei~ls u~ ~~~id promissury r~utr and o/ fhis ~nortgagP, arrd sh~![ duly ~xiy all te~x~s. atid ulsu it~surun~•c~ j ~ ~ prrmitu»s rrresonuhly r~yuir~d, u~zd cill ~usfs arid expenses iirrludi~tg a rrasonablP alforrr~y's ' ~ tilhirl~ saic~ .Nr,rl~ay~•~~ may inri~r i~~ ~ollPCtin~ monPy sr~ur~d 6y lhis ~nnrtgag~. and ctlsu in ~ ~•~i/nrc•iny this ~norfgayr hy suif or oth~ru?isP, thp~~ this ~norl~ag~ and the FS~Q~P h~r~hy ~•rPnf~~cl ~ ~ ~ .hcsll r~~ci.~ alid h~~ nul! and r~~,id. ~n ~~~~SS ~hM~dl~ lhP auid .1/urtgugor s hPr~~~utto sc~l ; ~ the i n c~t~rd~ ~rnd s~•a( ~ the duy an~l yFar frst abon~ it~rittPn. i ~ ~ ~ Siyit~~d, xeul~d uird drlii~Pred i~t presene•F o/ us: r ~ ~ ~ ~ ~ _ G , ~ , _ --~!'t%--- . - - - . "~~~-l ~ - - ~~Q.u~U r ~ ~ Harbara L. J~ y ~ E:;Rr ~07 f'AC~ , - _ ~ _ ..--y.=• - ~,y~„ Y ti,m 1~ a,5 . _