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HomeMy WebLinkAbout1944 ~ ~ ~ ; MORTCiAGE DEEO RAMCO'd FORM A ~ t ~ Thi~ ~ort~ltiqc ~cc~ l~xecuted tlle llth_ Auaust _ _ ~ i . . + -~uY p/ - - - ~ _ _ _ _ - ~t. D _._193~, by NORY and a~ORt~IA IVORY. hie wife I - - - - ~ ~ i _ - - - ; ~ i - - - _ _ - ~ hereina/ter cctiled the 3fortya~or~ to s IDNEY _ ASfiIL~iAS and _C F.I.IA ASH~CI~dA5 , hi a ~ ; - j wife. or the eurv~vor o! either 1 ~ hereinajter called tlat Mort~apse _ fVITNESSETH, That jor divers Qood an~i valuable co~rsiderations, and alao in consideration i o/ the aggregate aum named in the ~»-o»il~sory note^. oj even date herewith, hereinajter dt- scribed, the said Mortya~or 8 yrant. bargain. sell, alien. remiae, rtleaas, convey and eonfirm i ~ unto tAe said ~tortgaQec B, Lhelr __~eirs and n,4signa in Jee sim~?!e, all tht eertain traet ; oJ land. oj u~hich the saict .'~tortgsgor_fl_. ~_____noto aeized and possessed, and in actual poa- ~ aeasion, situute in S L LuC 1 E Count~~ Sta~e oj Florid~t, deaeribed aa jollows : ' Parcel ~1: Lot 6 of Block "A" aLAM.4NDA V ISTa 5UBDI~' IS ION ~ according to th~ Pla~ thereof as recorded in Plat Book 5 at , paQe 4~ of the Public Recorde of St. Lucie County, Fla. ; THIS IS A FIRST MORT(~A(}E. The entire unpaid prlneipal balance and sccrued intereet ahall accel-rate and beaome due end pa~gble upon the teanafer. eale, } mortRa~e or otherriee conveyance of the peemiaes and property ~ ~ covered by thie mortReae. f ~ Parcel~2: Lots 7,8,17 and 18 of Block "A" ALA1rIANDA VISTA Subdivielon~ accordin~t to '_he Plat thPreof ss rFcorded in 'lat Book 5 at paae b9 of the Fublic Records of St. Lueie County, Fla. together with the buildin~Ce and improveatente sl~uate thereon an~ the furniture,. ' furniahinge and equlpment ~ontained there3n, THIS IS A SECC"D MORTGAGE. ~ I In the event Lhe fiar~L mortFa~e pa~rmenta are delinquent or in arrear , the second mort~aaees may, at ~!!r optlon, make the first mortgage paymente, and i~:mediateltr declare the entire un~=aid ba2gnce due anc~ ~ pays.hle on this aecond mortga~e. In tne event the f~rat mortgage ~ '_s incre~sed or amended, the eecond mortga~e an~ the indebtedness sPcured hereby ehsll beco^~e due andpsyable at once. The entire unpa d prine~Fal balaneeand accrue~ intereat ehall accelerate and become du and ~gyable upon the teansfer, asle, tortRa~e or ~therMise cenveyanc of thQ yrem~aea and prope~-ty covered by this mort~age. To further aecure unto the mort--ageea the pa~%ment of Lhe aforeoaid note and the~( p~^formance by the mortgaROra of all their promisee and covenanta, hprein msde,thP mortga~ore have and do h~reby transfer~ aeeign and set over unto the mort~ra~eps all thQ rent~, lncome and profita nox ~a or h~reaPter ~ertaining or ariaina from said property, rrith i~ll ~i porer snd riRht unto the mort~rapre^e to receive and collect thR eame~; providA~, hoi+*~er that ao long as the mortgagore ehall faitrf~tll~ rerform and ~Ceep each an~ every of Lheir Frcmisee and covena~te aet forth in said note anc' aet forth in all oth r portione of Lhie'~ mortgaae and auffer no defa~alt, in connection therevith, Lh~ mortaa_ e8 ~hali alor+ the ~ort~a~ror~ to collect and receive the eame. li ~~~.1~4 i~~3 ! ~ r Ei - - - _ c _ - _ - _ - -