HomeMy WebLinkAbout0522 MORTdAQE DEEO ~ ~nstrument Was Prepar~.d ti~y;
; ~o»a rowr Q„ R. McDONAID, JR., Attorn~y pwMCO rowM RE6
~ Citit~n• F•d•~~I su~ldinq
I' Ff. Pi~rc~, Florid~ 31450
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. ~i /:.rp~•~,~~d ~I~~ 15th ~~y o~ January n. ~9 71 6~, ~
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'I JERRY E. HILL and CATHERINE J. HILL, his wife,
I~erninn~ter ral~~~ f~~~ mortya{lor. fo
DORIS T. CARLTON, a single adult
{~~r~ina~lt~r e•a~~e~~I il~e morl,yac~Ye:
~N'h~r~.er u.ed hereia ~he terms '•ux.rtsat.K" snd ••wwt~at~e" ~acluJr all tAe putiea to ~A» IAi1rylOlA! aod tLe 6ein.
k~al t~p~~.eneaU.es aed auitns o! ~adi~idua~s. and tA~ wrcea.~ and aai[e~ ot corpora~ioas: aod the ~crm "aote••
. includr, all the pu1H Aerrie dncnbt~! i( more tlun une.!
, ~~L„iJ.1~N{~ ~~A~'O~ QOO~ AIt~ t'Q11tA~~P (~A715[(~P1A~10115. Qll~ Q~O I/I CO/13I~PfptlOt! Oj ~~lP U(/9~e-
~ f~A1P Sllfll ftpOlP~ t/i l~P promissory !lO~P O~ PPPp ~Q~P ~PfplUl~~~, ~~ereinaj~P~ ~PSC~16P~, ~~IP RIOt~QQ~lO~ ~P~P-
~ q1Q7115. ~Oll+Q[ilS, SP~~S. Qlii~ns, remises, coni~eVs (1?1~ fOllfirms unto fhe IRO?~AQ/~PP (1~~ ~~P CP?~Rt1l !Q?1~
o~ ~rbirh fhe mortc~ac~or is noir sPize~ an~ in poss~ssion silual~ in St. Lucie Counly.
~'~urit~a. ~•i::
The South 55 feet of Lot 9 and the
North 2Q feet of Lot 8 of Block 1,
of WILBUWE, as per plat thereof on
file in Plat Book 6, at Page 24, of
' the Public Records of St. Lucie
County, Florida. ~
This is a Purchase Money Second Mortgage and is inferior to the
first mortgage held by Citizens Federal Savings and Loan Association
of St. Lucie County, in the original amount of $11,000.00, and re-
~ corded in O.R. Book 189, at page 147, of the Public Records of St.
~;Lucie County, Florida, which mortgage the mortgagors herein assume an
`agree to pay.
In the event that the mortgagor defaults in any payment or condi-
'°tion stipulated in any prior mortgage for a period of sixty days, or
` in the event of any default in a prior mortgage so as to cause such
,'prior mortgage to be accelerated and become due and payable during th
continuance o£ this mortgage, then the entire sums secured by this f
; mortgage shall become due and payable at the option of the mortgagee. ,
i
' The mortgagor covenants and agrees to make all payments and~perform i•
all ccnditions and covenants called for in any prior mortgages now
incumbering the property, and in the.event of default in any such pay
-ment or payments, conditions or stipulations, the mortgagee, without
; waiving the option to foreclose herein reserves the right to make
such payments or perform such conditions or stipulations, so as to
:maintain the prior mortgages and prevent a foreclosure thereof. Any
and all such sums paid or expenses incurred on behalf of the mort-
; gagor, together with interest prescribed in the note underlying this
mortgage, shall be added to the mortgage indebtedness and be secured
E by this mortgage.
Privilege is reserved to prepay this note and mortgage, in whole or
in part at any time without notice and without penalty.
~UD
R~CE"'~4 !N FA"IfY? '~F ?Al(F$
D~JE ~N Ci.;..~ !~d' ;~lE E?g' ;11 ;J~~ENiY,
~(:iS~A'vi 10 CiWPT ;~07~=, AL ~ JF 1341.
R';G:' P+~ITi,.~,i. Clerk Circu:t ~urt
as Agect fot DAiVIEI N. KNQWLES~ 1R
St. Lucie Co+u~~ Tau Cdlata[
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