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G, R. McDONAID. JR., A~1orn~y .
Cit~a~n• Ftd~ral 8v~id.aq
N. P~•.c•. F1~~~3• 31as9
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J ~=~~~•~~i•~l iti~ 19th ,lAy o/ August 71 _
( A. ~q by ;
THOMAS R. WORTHY, JR. and PATRICIA J. WORTHY, his wife,
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! I~erPina(f~v rnllw~ fl~~ mi»fyogor, fa
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j' E. B. WILLIAMS and MILDRED WTLLIAMS, his wife,
~~P~~~ina(frr i-a~~~a~ I~~P ntorlynye~e~-
, ~1 ~H~A'rr~~r uw! Ar:e~q IAt Iflmt ~'~p(y1RaR~y" a~ ~~~Mit~ttl~~ t~[IYe~ ~II tAe pul~ef io t?is ~wrrse~t ~~d t?t ?nn, ~
ksal ~ep~exn~at~.r. and uutm of ~adi~~dwb. a~d t6r wc~~~w~ awd awt~s u/ co~ooratwas: a~d tle ttr~ ..~ote••
~~rludr. all the a.te+ A~~e.a aihcr.sed ~1 mire tAa~ unr ~ /
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; ~~tn~$f~~ t1~at ~or qo«I and ~~alua6lP mnsi~Ierafions, ancl also in consi~lerution o/ the a99?e-
g~fe surn nam~~ in Ihe promissor? nol~~ a~ p~~~n ~afe ~PIY!!•ll~. ~PlPIRQ~Ier ~PSRIOPII. I~P morfgagor IIP~P-
h\ ~~nu~ts. I,nn~nins, c~~~~t, A~1PIIS. MMICpS. COhI•P~S QO~ CO?IJ~/I?]S I!/1~0 ~11P morfgagee Q~l ~~Ip flf~AtR Innd
oi u•tiirti Ih~~ murf~~a~~ur is no~r sPizec~ anr~ in ~wssession SIIUpIP in $t. Lueie Counly.
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The West 163.5 feet of Lot 25, UNIT ONE
~ MARAVILLA GARDENS, according to the plat
thereof recorded in Plat Book 6, Page 55,
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 $12,000.00, and re-
corded in O.R. Book Z94, page 1201 0~ the Public Records of St. Luci
County, FZorida, which mortgage the mortgagors herein assume and
' agree to pay.
In the event that the mortgagor defaults in any payment or condi-
t~on stipulated in any prior mortgage f~r 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 1
the continuance of this mortgage, then the entire sums secured by f
this mortgage shall become due and payable at the option of the mort±
gagee. ~
1
The mortgagor covenants and agrees to make all payments and perfo
' all conditions and covenants called for in any prior mortgages now•
encumbering the property, and in the event of default in any such ,
payment or payments, conditions or stipulations, the mortgagee, witht
~ out 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
mortgagor, together with interest prescribed in the note underlying
this mortgage, shall be added to the mortgage indebtedness and be
secured by this mortgage.
Privilege is reserved to prepay this note and mortgage, in whole
or in part at any time without rotice and without penalty.
RECER?ED = a'-~
DUE ON C[ASS 'C ly'IV• ~NrP~YNEYT ~)F 1avFs
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