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HomeMy WebLinkAbout2791 ~ ~ ~ ~j IpR~?OAO< Ot[O IIAMCO IOwM R[• ` I _oNO roar ThiS InStfUR? t ~s Pcex~ Ry~ ` C. R. Wc b~ ~ JR ,''11~~e~' ~7/~ Cit~~~~ ~ ~uildleq ~IlstJ~/2z ! _ H. Pi~rc~, florld~ 33{50 ~ I I ~ E:xecutPd ~he 13~ dny oJ December A. D. i9 716y . WILLIAM E. TESCHNER and JAMES D. REVELLE • ~B~PIIIG(ter call~ the mortgapor, fo MARJORIE M. VAN RAVESTEYN ~ I~ereina~ter callecl the mortgagee: ~ IN'hen~x u+nl Acrein tAe urm+ ••surtfa~a~ and ..eor4[asee•• ixlude di tAe wrtin w t~ i~tr~~t ud ~e reint I) ~ncludes~ ar~ ~e ~wtn Acrcis dcrrib°~edi 1~i~ah~ ~tle merewri aed a~itm d corporuiod: aad t4 Ie~ "wer' ~ ~I ~ I; ~~tn~~~ t1~at ~or good and vnluab~ ~nnsideratio?~t_ antj a~so In onn~ideration o/ !ti~ anQn- ~ ate sum nnmed in the g promissory nofe of euen date herewif~, tiereina(ter descrt~, t~e morfgngor here- by granls. 6a?~ains. sells, oliens, remises, conueys and rnnjirms unto tl~e mortgagee al1 fl~e cwtaln lw~d o~ w~ich ttie mo?fgagor is now seizecr anc~ in possession siiuale in $t. Lueie Countp. ~ F~ori~a. i~iz: ~ Lots 1, 2, 3, 4, 5, 6 and 9 of Block 8, OCEAN VIEW SUBDIVISION, as per plat thereof on file in Plat Book 6, Page 61, Public ~ Reeords of St. Lucie County, Florida. ~ ; ~ I This is a second mortgage and is inferior to the first mortgage jiheld by First Federal Savings & Loan Association of Fort Pierce, ~which mortgage the mortgagors herein assume and agree to pay. ' In the event that the mortgagors default in any payment or condi- ~ tion stipulated in any prior mortgage for a period of sixty days, or z in the event of any default in a prior mortgaqe so as to cause such € prior mortqaqe to be accelerated and become due and payable during t the continuance of this mortgage, then the entire sums secured by ~ this mortgage shall become due and payable at the option of the mort ~ gagee. i The mortgagols covenant and agree to make all payments and perfo all conditions and covenants called for in any prior mortgages now = incumbering the property, and in the event of default in any such r payment or payments, conditions or stipulations, the mortgaqee, with- ~ our waiving the option to foreclose herein reserves the right to mak such payments or perform such conditions or stipulations so as to maintain the prior mortqages and prevent a foreclosure hereof. Any - and all such sums paid or expenses incurred on behalf of the mort- ~ gagor, together with interest prescribed in the-nQte 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. - ~ ` - _ REC6IVED ~ IN PYIYM@R OF TAXES - D:IE ON CLASS 'C INTMfGIBIf PEtt9CNAl PftOPER1Y, - PU.~S;:ANT TO CFtAP1ER 2072~, ACTS Of 1941. FOG=R POITitAS, qerl~ Grtuit Court n ABent bt DANlQ N. KNOW~ESr JR - St Luc~ Co~nt~, T~x Glledot _ ~By ~ Zo~`i-~.ZL DEP1l1Y CtFRK I~ J ~oaK 197 PA~ 2787 , , _ _ _