HomeMy WebLinkAbout1580 I MORTOAOt D[[O 11AMC0 IORM R[•
~ ~oM~ ?oew ihis Inst~u+nent Was Preaared dY~
~ R. Mc~ONALD, JR.. AHorwh?
Citis~ns F~de?•I suildinq ~0~~
- H. Pier~~, Florid• ~3430
/ ~ .7
Executed tl~e ~S ~Iay o/ NOVEMBER A. D. 1~0 6y
JANISS C. LANE ~ and CAROLENE RAS I.ANE .
his wife,
hereina~ler ca~~ fhe morfgagor, to
MARJORI$ M. QUIRK, a widow,
hereinafter ta~~ec1 the morlgagee:
~ws~.~.r~ ~a e«~. ~ u~. ,.a ...awsK" ~.~a~ .n r ~u ..a ~,?a..= ~
f -
~ K~pnoK. ~aa~m ot°; ~~..a ~ .~«,.o.s ..a ~ ~«~..oo..; ..a ~ ~ ,oe~•
~ ~ed.an .u ~1e .ote. rati. deicn'bta iI .o.e owe.)
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that (or good and valua6le c~onstderationa, and alao tn eonatdsr+otton o/ the nggne-
gafe sum namecj in Ihe promissory note o/ even date herewitl~, ~ereinaf
ter cjescri~. f1~e mortgagor ~~re-
6y grants, bargains, sel~s, ajtsns, remises, conveys and oon jirms unfo ttie ntortgagee al~ f~a c~taiin ~and
o) whick the morfgngor is now seized and i~ possession afluate in St. Lueie Co'sntp.
Flortdo, niz:
The South 100 Feet of the North 380
feet of the West 119 feet of the $ast
15 acres of the ~SE~C of the SW~C of
Section 34, Township 35 South, Range 40
East.
This is a eecond mortgaqe and 3s inferior to the first mortgaqe
held by Citizens Federal Savinqs and Loan Association of St. Lucie
County, in the original amount of $9,200.00, which mortgaqe the mort-
gagors herein assume and agree to pay:
In the event that the mor~qaqors default in any payment or conditio
stipulated in any prior mortqage for~a period of sixty days, or in th
event of any default~in a prior mortgage so as to cause such prior
mortgage to be accelerated and becane due and payable durinq the con-
tinuance of this mortqaqe, then the entire sums secured by this mort-
~ gage shall become due and payable at the option of the mortqaqee.
~ The mortgagors covenant and ag~ree to make all payments and perforna ~
'i all conditions and covenants called for in any prior mortqaqes now y
; incumberinq the property, and in the event of default in any ~uch pay
; ment or payments, conditions or stipulations, the mortqaqee, without
' waivinq the option•to foreclose herein reserves the right to make suc
~ payments or perfoxm such conditions or stipulatiQns, so as to maintai
~ the prior mortqages and prevent a foreclosure hereof. Any and all
~ such sums paid or expenses incurred on behalf of the mortqagor, to-
~ gether with interest prescribed in the note underlyinq this mortqaqe,
; shall be added to the mortgage indebtedness and be secured by this
~ mortgaqe. • .
~ Privilege is reserved to prepay this note and mortgage in whole or
in part at anytime without notice and without penalty.
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~ RECEIYED = IN PA'!~1~!iT JF ?AXE4
~ DUE ON CtJISS 'C INTAHGIBLE PE~till P'tfl'rE~ilY,
~ PURSUANT TO CHAPTER 20124~ ACTS Of 1911.
~ ROGER PORRAS, Cierk Circuit Court
~ gs Agent bt DANIEL N. KNOWLES~ 1R
~ St L~de Coli~O[
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~ f~ o~wnr a~c
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