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MORTGAGE DEEO RAMCO'S FORM d
(~lt~s ~orta~a~ ~eeD, Executed ihe lbth ~Qy of OCtOber _
A. D 1970 , by JOHI~1 NORY and (3EORaIA NORY, hie Mifa
hereinajter called the Mortga~ote_. to R.L.S080L _
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hereinafter called tha Mort~aQee
WITNESSETH, Tir.a.t for divera flood and valuable considerations, and alao in consideration
of the o.ggregate sum nam~d in the promiaso~y note_ of eve~?a data kereweth, hereinajter de-
acribed, the said Mortgagor e a~rarat, bargain, aeU, alien, remiae, releaae, canvey and conf3rm
unto the said Mortgaqee_, hsr heira and aasigna in fee aimple, aU the eertain traet
of tand, of which the saici Mortgagor s are +~nw seized ar.d possessed, and in actual poa-
aeaaio+s, ait~cate in st. Laais County. State of Florida, deacribed as foUows:
8aroel ~1: Lot 6 of Block ALAMANDA VISTA 3UBDIVISION
according to the Plat thereof se recorded in Plat Book 5 page
49 of the Publio Recorce of 3t. Lucie County, Fla.
THIS IS A FIRST MORT(~A(~S.
The sntire unpaid prinoipal balance and accruad interest shall
accelerate and bseoee due and pa~able upon the Lranafer, sale,
~ ~ortgage or otherris~ conveyanee of the presiaee and pr~perty
coverdd b~ thie mortgage.
Paroel~2: Lots 7,8~1? and 18 of Block "A" ALAMANDA VISTA 3UB-
~I DNISION, according to the Plat Lhereof se recorded in ~lat Bo
, 5 page ~9 of the Publio Record4 02' SL. Lueie County, Florida;
I together r+ith the buildi$gs and loproveuente aituate thereon
~ and the fl~rniture, furnishinge and equipment oontained thereia
THIS IS A SECOND ~IORTt~A(~T. ~
In the evant the firet vortRage paymenta are delin4uent or in
arreara, the aeeond ¦ort~e~ee ~a~, at her option, ~atie the fir
sortRage ~ayaente an~ im~ediaLelv declare the entire unpaid
balance due and payable on Lhia second mortRage. Ia Lhe evsat
the firet mortgage is incrPased or amended,~~the second mortgag
and the in~ebtedneee seoured hareby ahall become dus snd pa~ab
at onae. The entire unpaid prineipal balance snd sccruad inte st
ehall accelerate and become due and peyable upon the transrer,
eale, mort~jggs or ot__erMiee eon~eyance of the preoises and pro rty
covered bv Lhis mortgage.
To further secure unto Lhe ~ortgagee the pa~ent of Lhe aforsa d
nots and Lhe perforsance o! the mort~ragois of all ~~~r proe~eea
~ snd oovsnants herein made, the wortgagore hsva and do hereby
~ Lranefer, aseign, and set o~er unto the mortaagee all the rent ,
inoome and profite nor or heresiter pertaining or arising lro~
aaid property, with full power and right unto the mortgages to
'`~Nf receive and collect the same; provided~ Moves~r, that eo long
as the ¦ortgagors ahall faith!'ull~ keep aad perfor~ each and
every o! their promi~es and co~snants sst forth in ssid note a
aet forth in all othPr pvotians of thie ~ortgage and euffer no
default in connection therewit:?, the mort~ages ehall a~llor the
~R mortQagore to collect and receive the same.
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