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~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
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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:`~ ~
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, 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,
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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.
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~ 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
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