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HomeMy WebLinkAbout2465 4 ~oeTawas ~cco T~y Inst?zment Was Preparecf ti)'c / ~ONO ?o~r ~ RAMGO FORM RC6 ' C. R. AIcRONALO, JR., 1~t1oM~y Cilii~n~ F~d~~~l 8u~~~i~q ~4OV~ ~i s~ p:e•c~. fle•;d• 3~w50 ~ i; I ~ ~ ~ ~ i~ F:..~~~rP.l ~hp 6th ~QY August A. D. ~o~ 1 6r ClIARLES NAPPI, JR. and ~iF:FEDITti A. NAPPI ~ his wife ' I~erein~~fer ca~~e~ I~~e mortgapor, lo ~!ARIE Si~IFT~ a widow and single adult , h~r~~ino~ler called fhe morlyagev: i:`~ ~ ~ ' , 7Nibrrc~tr u~ed 6tni~ the tetan ''wor[~a~[or•• a~ ••wwt~tat~e•• iaclude all tAt parties W t?if iaswet~t a~d t4 lein, ! !nd ~ey~ex~ut~.e~ and a~+itm o( iedna.huts. asd tAe wcceun~s aad assitis ul eorporation: aed t4 terw ••wte•• ~ ixclude. sll tbe w~n Aenie dr+cn6ed it more tAa~ oae.l ' ~~~~e~~ Ihal Jor good and i~alua6le ronsideraeions, and also in consideralion o~ tl~e oggre- ~ gaf~ su'ni nam~~ in !he promissory note o( ei~en date I~erewitti, I~ereinaJter ~escri~, fhe morfgagor here- qranfc. Ixiruains, sPIIs, a~iens, remises, conveys an~ con~irnu unfo the moNgagep n~~ f~e ctrtnin ~ant~ o~ u~h~~h fhr morfgn~or is nou~ spizec~ nnc~ in posses~ion sifunte in ~ t. (.UC 1@ Counfr. f=lo~it~a. i~ix: The L=ast 1/2 of the `.~est 4 acres of the following: The South 1/2 ~ of the South 1/2 of the SE 1/4 of the St; 1/4 of Section 30, Township 34 South, Range 40 East, less the ; j; South 48 feet alI lying in St. Lucie County, Florida. EXCC~TI\G therefrom all ease~ents for public ~ roads and drainage canals. ~ This is a nurchase r~oney Second `lortgage, and is inferior to the ~ First ~l~rtgage held hy Citizens Federal Savinos ~ Loan Association, ~ in the ori~inal amount of S14,000.00~ dated Julv 30. 1971~ ; ~ recorded in O.R. 5ook 194, Page 1197~ of St. Lucie County Public ~ ; Records, Yhich the uorr.gagors herein assume and agree to pay. ~ ' ; In the event that the ~1ort~agors default in anv payment or condi- . tion stipulatecl in anv prior r~ortga~e for a period of sixty davs ~ , . ~j ~r in the event of anv default in a prior mortgage so as to ~ i ~ cause such prior mert~age to ~e acceleratecl and become due an~l ; ! pavable during the continuance of this r~ortgage~ then the entire ` ~ ~ sums secured bv this ~.?ortgage shall beco*~e due and navable at the o~t ion of the t'ortgagee . The '~'ort~a~or covenants and agrees to make all pavnents and ` nerform all conditions and eovenants called for in any prior ' nortQaaes now incumbering the propertv, and in the event of ~ default in anv such ~ayr~ents~ conditions, or stipulations, the ~ '±art~a~ee, a~ithout r?aiving the option to foreclose, herein reserves the right to ?~ake such pavments, or perform sucn con- uitions or stipulations, so as to r+aintain the prior mortQaQes : and ~revent a foreclosure thereof. :1nv and all such sums paid ' or ex~er~ses incurred on behalf of the ~'ortfiagor, together with interest thereon from the date of pavment at the rate of interest ~ ~!~rescribed iri the note underlving this mort~age, shall be addecl to ~ ttie '~~ort;aRe, indebtedn~ss and he secured b~• this 1~ort~age. ~ t'rivile~e is reserved to prepav this note and mortrtare, in whole ~ or in ~art at anv time without notice and r?~ith out penaltv. ~ ~ ~ ~ W S"fATE ~F FLORIL~A ~ ~ ; ti ~ OOGUMENTAo" STAMP TAX REC£rvE~ !_1J~ IN PAYIIfNT pF T ~ ~ Z - r' _ 09E Ct1 C(A;S 'C INTAItGIBLE PE ~ ~ : AUG16'11 - - PI;RS_u.~ rp ~~.•a.-R ?r721, R~~ ~ERTY, ~ ~ _ • I;~ 2 0 ~ ~TS Of 1941. vi ~ ~c.r.r~ ccrcc~c . R~6-.. ^GI': Clerk Grcu:f CauR ~ p8.~'o~~: . ~ ~s 1l~er.t ta C;.:~I,l Af, Krypyy~ ~R St lucie Ca,ary iax ColJector a ~194 ~4~4 uti ~ f ; ~ ' ~ _ ~ .f-~_ _ _ ~ . . . -