HomeMy WebLinkAbout1739 TMs Instrument Was Prepar~ ~y:
;E ~o~TOwoE oico A++ore~Y
i lONO IOAM C. R. Mc00NA10, JR•, RAMCO ~'ORM Rt6 ~
CHi=~n~ F~d•ral Bu~ldinq t
' H. P~.~u, Flo~~d• 33y50 ,
~ ~ ~ z15,S59
/
F.r~~~pd ~hP % 3 ~ day oj September A. D. ~q71 6y
TOBBIE SCIPPIO and CORA LEE SCIPPIO, his wife,
hereina(tpr calletl the mortgagor, fo
I RAYMOND TOURON and ANNA PEARL TOURON, his wife,
I
~ hereina(ler called the morlgagee:
(Wiwre~tr uied 6ereia the terms "mort~a~or~' and "mortsasee" i~lude all t6e parties to t6is iww~e~l asd t?e ?ein.
le~al repreaeeutive~ and axi~t m d i~dividuah. and iAe wccKxrs and a+si~n ot corporation; ud t?e tt?s "~ote••
include+ sll tAe autrs 6ercin ~aCn~ed it mo~c thaa on~.)
:4 ~~tn~~~ that Jor good and valua6le consic~eraiions, nncl also in co?~.+idernlton o/ ihe aggre-
~Ij gafe sum namec~ in I~e promissory nofe oj even date herewiil~, hereinajter descri6ed, f~e mortgagor here-
i~` by grants, bargains, sel~s, a~iens, remises, coni~eys anc~ confirms unto ftie morfgagee al~ the certaln ~and
~I o~ u~h~~h the morfgapor is nou~ seizec~ anc~ in possession siluale in $t. Lueie Counfy.
F~orit~a. ~~iz:
i~ Lots 1, 2, 21 and 22, Block H,
I~ HARMONY HEIGHTS ADDITION ~3, as
I~ recorded in Plat Book 9, Page 46,
~ St. Lucie County, Florida.
; This is a purchase money second mortgage and is inferior to the
I~
~~first mortqage held by Citizens Federal Savings and Loan Association
!'of St. Lucie County, which mortgage the mortgagors herein assume and
agree to pay .
~i
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
i~in the event of any default in a prior mortgage so as to cause such
j',prior mortgage to be accelerated and become due and payable durinq
?;the continuance of this mortgage, then the entire sums secured by
i~this mortgaqe shall become due and payable at the option of the mort-
; gagee.
`
j i; 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, cnnditions or stipulations, the mortgagee, with-
!~out waiving the option to foreclose, herein reserves the right to
a ;~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
I 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 anytime without notice and without penalty. .
~ .
~
~ o
~ RECEIVE~ IN PA1rMEM OF TAxEs
a DUE ON C1ASS 'C INTAtlGIBLE rfRSONAI PROPERTr,
~ PURSUAJ(i TO CHAPTER 20724. AC1T Of 1941.
~ . ROGER POITRAS~ qe~k Circuit Coutt
~ ,s Ajent bt DAMIEL N. KNOWLES, 1R
St Lnde Coontr Tu Colkdot
~
~
~ DEpUiY CLERK
~ .
~
~
~ gooK 1y5 P~~~ 1?`37
~
j : .
~.z
~ ~~a~~a. ~