HomeMy WebLinkAbout2075 ypRTGApE DEED ~ . ~
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1:.~•~ ~~r~~d ~I„• 28th ~l~,~, ~,J October A. 1). t471 6?~
' CHARLES L. SIDES and RAMONA SIDES, his wife, i
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~ MADELEINE T. GAi,LOTT
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~i ~~e~rnina~lrr cu~~r<~ t~~r n?urf~~~uti~r:
~ ,Nh~~~~~r uxd h~rein tht te~nu "~m.a:ciqor" and ..~uo~iratrc" in~lu~k a0 tAt paiun tu t6u instrument aod Ihe Aan,
leral t~p~e.entatnrs aud a~utns o( ~n1,.~duils. •nd lhe aucce~wn and u~~~n~ u( cotporat:um: and the term "qot~'•
~u.tad~. ~11 ~t~~ m~t~. Gc~e~n ~kxnt~ed if ia.~r~ iAan w~r
~1lttleSSf b1
~ tlu~t (o~ qooc~ on~( ~~a~u~E~~~ rnnsitreraiions, natl a~so in consie~eralion o~ the aggre-
' g~t.~ sum nam~~~l in Ihi> prumissory nott~ o{ ~~i~e~n da1~ hereu•ith, hereina(ter ~escri6ecl, the mortgagor here-
; i ~~y c~?anlc. f,ar~r~ins, .,•~ls. alier~s, rrmisi~s. con~~~ys anr~ e•on~irms unlo f~P /TION(~AqFP a~~ f{ie cerfain ~an~
= ~ o~ u•~ic•~~ f~~~ mortqa~~or is nott~ si~izi~e~ nn~~ in possPSSiort siluate in Counfy.
I' f'~ori~a. ~~i:: St . Lucie
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~ Lots 14 and 15, WOODBINE SUBDIVTSION, as per plat ?
< I~ thereof on file in Plat Book 4, Page 94, of the
Public Records of St. Lucie Count~T, Florida.
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'i The North 25 feet of Lot 1, Block 3, of ELMER ROAB'S
RESUBDIVISION of K.R. RAULERSON'S ADDITION, as per
- plat tnereof on file in Plat Book 8, Page 16, of the
_ PubZic Records of St. Lucie County, Florida. ~
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_ This is a Second Mortgage and is inferior to the first mortgage ° ~ -
`~i held by Citizens Federal Savings and Loan Association of St. Lucie '
;.County, in the original amount of $7,200.00, which mortgage the morr-~
~'gagors herein assume and agree to pay.
~r In the event that the mortgagors default in an a ent or condi-
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~?tion stipulated in any prior mortgage for a period of sixty days, or
_ ilin 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
- ~ the continuance of this mortgage, then the entire sums secured by
this mortgage shall become due and payable at the option of the mort-
_3 g agee .
_ The mortgagors covenant and agree to make all payments and perform
~~all conditions and covenants called for in any prior mortgages now
;;incumbering the property, and in the event of default in any such pa
~~ment or payments, conditions or stipulations, the mortgagee, without
waiving the option to foreclose herein reserves the right to make
_ : such payments or perform such conditions or stipulations, so as to
~:~aintain the prior mortgages and prevent a foreclosur~ hereof. Any
:=i and all such sums paid or expenses incurred on behalf of the mort-
~ gagor , together with interest prescribed in the note underlying thi
mortgage, shall be added to the mortgage indebtedness and be secured
:by this mortqage.
~ Privileqe is reserved to prepay this note and mortgage in whole or
in part at anytime wzthout notice and without penalty.
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' St lucie Cou;.~, Tax ~llector
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_ ~1~f ~2072 .
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