HomeMy WebLinkAbout1634 ~ ~~~~~~p
2~~~ Wt~CN ItELVitDED RETURN TO
~''~"r~j': WILLIMA H. GRACELY, /1tty.
P. O. BOX 1796 . PUIP~ES, E4A.
THI3 ![OBTGAGTs. Mad~ Wis . ],3th ~ ~ ~Ts~nUa~ . lY 71.
BETwF~N Ed R. Saith and Matti~n 8. Saith, huaband and wife~
~ ~ ~,~,a, ot Collier ~ s~~ ~ Florida
hereindLer eslled the ~[orc~.~or. and Joeef Yoehr ~?nd Mns Marie Yoehr, huaband au?d wiis, ~
aa sn eatate by the entiretiea,
hereinatter called the Mortga~ee.
WITNESSETH, That the aaid Mo r~ in eoaaideration of the aum 'o!
-------------Five Tlwusewd and no OOthe
DoUars
(i ~j~QOQ.Qp ) to him paid by the ldortga~es, the receipt of wbicb is hereby acknowled~ed. does Mrab~ mort~ap
unto the ssid l[ort~?gee the toUowing deacribed r~l estate, aituated in QR~ County, Florida. to-wit:
St. Iucie
(SEE ATTACHID SC~DLS)
The said Anna Merie Voehr,one of the within named Mort~sgees, ia sosetiaiea knorra aa
Aananarie Yoehr and also someti~es kno~+n as Anaemarie bloehr.
This ia a sccond 4ortgage sub3ect ta awd inferior to a certain iirat mortg,e~ge held by
First Federal Ssvings and Loan Aeaocia~tion of Fort Pierce, dated 10 Povember.1970, in
the originsl aieount of ;12,000.00, and recorded in OR Boak 188. Fage 439, Riblic Records
of St. Iucie Caunty, Florida. Mort~agor agreea to comp~ r+ith e~ll the ter~a and pro-
visiona of eeiid firat eort~age. Should Nortg,agor b~eoome in deiault nnder t.hs ter~s awd
pro~ieions of eaid firat mortgege, then Mortg,agee ahall he~ve the right to cure such
default aad aqy sums ea expended b~ the~ ahall bacome part oi the grincipal balance of
the note secured by thi8 mort~age. S'hould I~ortgagor fail for thirty de~r$ to cosplJ vith
aqy of the teras and provi8ione~ oi said first mort~age~ then Mortdagee ahaa.l have the
additional and lhrther right to declare tbi.e eart~ag~e in deianlt.
PBOVIDED AI.WAY3. tbst ii the Most~a~or shsD pa~ or cause to be paid to tbe Yort~a~es his o~rtain promissa~
! note, o~ e~en date, in tbe principal amount ot Five Thoueaud and no/100t2~s Dollais
(i5~000.00 aocording to the terms and tenor thereoi, then this mort~a~e sball bs ndl ~~oid.
I
~ Tha ldortgagor slao covenanta and a~rees: -
~
~ 1. To make all payments reqnired by said note and this mortgage promptiy when dna ~
~ 2 To psy sll 4ues, asaessmmta. liens, and encnrabrsnces on said nal eatate whw dne; it the~ at+e not promptl~
~ psid, the l[ortgs~ee may pay them without wsiting tbe option to iorecloae, and saeh pa,men4, with interest t~reoa
~ fmm the date oi payment, st ths same nte aa specified in said aote sball ~lso be secured b~ tbis mort~ate.
~ 3. To kcep all baildia~a now or hereafter on ssid lsnd insnred a~ainat dama~e by tirs and li~htnft~ in th~ snm
~ secnred b~ this mortgage, by an insurer aatiatactor~ to the I[ortgs~ee, the inaurance policy to bs beld by aad pqabl~ to
~ the ~tort~a~ee. Ii tbs l[ortQagor shsll not do ao, tbe l[ort~a~ee may do so withont waivins tbt opt3on to 1ot~eloN, and
tbe coat tbueot. with interest tberwn imm tbe date o! psymeat, st tbe same nte as stated in ~sid not~„ sball al~o b~
see~d b~ thia mort~a~s. Ii the smh becomes payable tmder saeL Po~~7, tba ldortga~ee maT aPP17 it to the ind~btedaw
aeeoi+sd b~ tbis Yort~asq or he msy permit th~ ][ort~a~or to nse it. for otbnr purposea, withont ia~pairlns t~ liea ai thi~
~
~
r .
~ 4. To oommit~ permit or autfer no waste, impairmeat or deter[ontion of th~ mort~a~ed propett,~,
~
` b. To pa~ all espense~ ressonabl~ incnrred b~ the Yort~a~es, becsuse ot fdlnre oi th~ l[ort~a~or to eompl4 wltb
~ t6e asreemeab in said note or this mort~s~e, iacludlns reawnable attorney's fees. T6~ oat tbasoi. with int~rMt l~eron
~ irom tbe date oi Pa7meak at tbe ume nte as stated in said notq, sball aLo be secur~d b~ this mortsap.
~
u an7 W7~t P~~ for m.aw note is not patd ..iebin cbt:c~ aa~. an.r ic b«ome. aw, or tt w•sew-
~ ment in t6is mort~~e ot6er tban the asreemeat to make the ysnneat~ b bre~hed. tlre entlrs uapaid Pr[neiDal bslaaq
oi ~aid note s6all immedistey tbea beoom~ dne st tb~ oDtion oi tbe Yort~a~e~. sad t~ Yortsa~e~ ma~ ior~ t~W
most;ase ia t~ a~anner pro~Lded b~ law, aad hs~~ tbs mortes~ed propert~ ioW to aatiat7 ~ aDDb on tb~ ind~bt~Anw
hee+~b7 ~eo~'~d- -
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TNIf INSTIIUMEMT ?RE?Al1E0 ~r wllLlAM M. 011ACElY, ATTOlIkEY AT LAMI
171 iliTN AVlNYl.:OYTN. NA?llt. /L0111~A i~1~
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