HomeMy WebLinkAbout1535 ; YORTOAa~ O~EO This Inslrument Was Prepared By: RAMCO F011M I~tb
~ lONO 1011M C, R. M:DONAID, JR.. Akornw
Cif~:ae~ F~d~ral duildinq 2,i54`73
H. Piue~. flo~ida 37450
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Executed the ~ day o( S-~ pT ~ A. D. t9 7/ by
VINCENT E. MOORE and DEBORAH L. MOORE, his wife,
~ereinaJ~er called the mo?t9a9or, !o
MARY H. STRONG ~
tiereina(ter called the morigagee:
(NAemer u~ed Arnin t6e terms "mort~a~oi~ and "mortsasee" iecludc al) tAe parties to ~Ais imw~e~t awd ve ?ein.
le~al represenMei~ta and a~itw o( iodividuab and tbc succesM: aad a+aitm of earpora~ioas: and the otro ••woe••
includes ~11 th~ nuta Aereia e~escribed i( mare thaa one.)
~~ln~~~ t{~at for gooc~ ancr va~ua6~e cr~nsit~eratioris, ancl also in coruide~ation of the aggre-
gafe sum named in 1{~e promissory note o/ even date herewilh. I~ereinajter descri6ed, the mortgngor here-
by gmnfs, bargains, sel~s, a~iens, remises, conaeys ane~ con~irms unto the mortgagee a~~ fl~e certatn ~and
of u~1~ec{~ thp mo~tg~~or is nou~ seizec~ and in possession aituate in St . Lueie ~,'ountq.
t'~oric~a. niz:
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I Lot 6, Block 20, INDRIO UNIT ~1, as per
I plat thereof on file in Plat Book 5, at
Page 42, 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, which mortgage the mortgagors herein assume and
~j agree to pay .
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I~ In the event that the mortgagor defaults in any payment or condi-
~tion 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
ilprior mortgage to be accelerated and become due and payable during
~i ~the continuance of this mortgage, then the entire sums secured by
~ ~this mortgage shall become due and payable at the option of the mort-
j gagee.
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The mortgagor covenants and agrees to make all papments and perform
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, with-
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.
I Privilege is reserved to prepay this note and mortgage in whole or
~ (in part at anytime without notice and without penalty. ~
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gooKly5 ~?~1533 ,
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