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HomeMy WebLinkAbout2352 3 YORTOAOE OEEO RAMCO FOItM REe ` i lONO •011M Thts instrument Was 1'icP~~~•u ~`i ~ ; ~i C. R. McDONALO, JR•. A~o~"W ~ if Cifia~es F~d~ral Yriidinp 2 0 5~ 4~ ~ i; H. Yi~~c~. Fto?id~ ~11s0 ~ ~ ~ i~ I EY~«~~I ihp 22nd day oJ January A. D. iv 71 6y I DANIEL L. YAGERLENER and MABLE J. YAGERLENER, his wife, ~ i' hnreir~aJter called the mortgac~or, to ROBERT C. EDWARDS and EUNICE A. EDWARDS, his wife, ~ ' I~er~ina~tPr calle~I the mortgagee: • i~ INhcre~e~ used hcrein tse terms "mortsaRor" anc~ "moriRatee" iaclude all iAe oartiea to tAn i~stryot~t asd t?e ?ein. {e~al rcp~exnutivea and aoiRm o( indi~iduals, and tA~ wcce+~s and abiRu o( eorpxstioas: and tbe tera ••na~•• include~ all ~Ae outes 6eRia dex~i~ed i( owre tAta owe.) ~~tn~e~~ Iha! Jo~ good arid i~aluab~p considerations, and also in consideralion oJ the aggre- c~afe• sum namec~ in the promissory note oJ ei~en dale hereivill~, hereinaf te~ descri6ed, 1he morlgagor 1~ere- by grants, ha?qnins, splls, aliens, remises, coni~eys anc~ con~irms unto 11~e mortgagee all !he certain lant~ ~ o( irh~~h f~e mo?tgac~or ts now spize~ anc~ in possession sifuafe in $t. Lucie ~,~ounty, i ~'~ori~a. ~~iz: I~ of RE~TISEQPLAT OF Lots 4, 5 and 6, of Block 1,/TIiE TROPICS , ; according to the plat of said subdivision recorded in P lat Book 6, at page 21 thereof , of the Public Records of St. Lucie County, ! Florida. 1 ~ ~ This is a second mortgage and is inferior to the first mortgage held . Citizens Federal Savings and Loan Association of St. Lucie County, : • F?orida, in the amount of $16,400.00, which mortgage is recorded in O.R. Book 190, page 630 of the St. Lucie County, Public Records,which the mortgagors herein assume and agree to pay. In the event that the mortgagors default in any payment or condition 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 prio mortgage to be accelerated and become due and payable during the con- j tinuance of this mortgage, then the entire sums secured by this mort- ' gage shall become due and payable at the option of the mortgagee. ~ € ~i ~ ~I The mortgagors covenant and agree to ma~e all payments and perform ~ all conditions and covenants called for in any prior mortgage now in- r cumbering 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 maintai ; the prior mortgages and prevent a foreclosure thereof by making such ~ payments or performing such conditions or stipulations, so as to mai ~ 'i tain the prior mortgages and prevent a foreclosure thereof. Any and ~ all such sums paid or expenses incurred on behalf of the mortgagor, ~ together with interest prescribed in the note underlying this mortga ~ " shall be added to the mortgage indebtedness and be secured by this ~ ~ mortgage. a ~ Privilege is reserved to prepay this note and mortgage in whale or ~ in part at anytime without notice and without penalty. ~ , ~ ^ f c _ ~F r L O~21 D A s.: _ u w~~MEx* ~ ~ix~s STA1 t rL.:s c~ i~nhcse~ Pcr~e~+;~ ?r~~Ean, ~ COCUMENTA.p" STAMP TAX ~:,~~•tit r0 Cru~AT:R 20724, ~crs oF t~l. ~ ~ = naeian ` ~ , ~~~r ~ Z ~ JI ,~S, Cle~ic Circuit Ccurt ~ F- ~ _ ~ .r~Z~' ~ 5 2 5~ ~ N vi cenwtROUEF _ ~ A~-~e ,t f~1 OANIEL N. KNOYYLiS, JR P.B.I9DIS4 `r + ~.!lCIC ~AIWI~ j~( CiO~iCCtD[ ~ ,E ~t gy ~ C ~ ~0 ~ ~ . , ~ ~m a~wc ~ ~ ~ r•k ~ ~ ~ Y+. , AUOIE i~~ I r~ ri 1 ~ _ _ _ ~ ~ . ~_,s . _ . : ~_s