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Home My WebLink About2967 r 1~ ~RTOAOE OEEO I RAMCO'Owtl Rt6 ~ . oti~ ~oer ? ~ ~ «s~ r I~ . ~ : , ,<< ~ :.'t.... 2;~455? i! ~ ~ ~ ii ; I f...~~~~~~.1 ~h~• 2gth day o~ February A. D. t9 72 6y II SIMEON ADDERLY and THALIA ADDERLY, his wife, I~ ~ereina ft~t cn~~~c~ f~ie morf~ a or fo ~f ~ .f fi . EDMAR, INC. a Florida corporation ~ ~ {~Preina~l~r calletl tl~~ mo~l~~ge~: ~ (N'htre~er uxd herein the urms ''mortrator" anc~ "m~.rtrasee" ~orlude all ~he puties W t6if imtrument and the Aein. ~ ~ letal reprtxn~ati.es and assirm of indi~idwls. and the wrreau~n and asti[as oI corporatiwf: and t6e term "note" ~nrludea all tht nu~ts 6ereia dexr~bed i( awre than une.i ~I / i~ ~~tnesseth~ I?~at f or good nnd i~aluable considerations, und a~so in consideration of the aggre- gale sum nampc~ in Ihe promissory note oj e~~~n ~afe {tereu~iflt, herei?ia~ter described, !~e morfgagor ~ere- , 6y grants. 6orgains, sc~Us. aliens, remises. conneys and conJirms unto the mo?tgagee all ttie certain land ~ o( u+h~~h ff~e morlyac~ur is now seizec~ anc~ in possession situafe in $t . Lueie County, ~ ~'~ori~a. oiz: - ~ ~ ~ Lot 1, BloCk 3, GOLDSMITH'S SUBDIVISION, according to the plat thereof recorded in Plat Book 6, at page 49, 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 Savinqs and Loan Association ' lof St. Lucie County, in the original amount of $14,000.00, and is ~ ~recorded in O.R. Book 196, Page 2520, of the Public Records of St. 1 ' ~ILucie County, Florida, which mortgage the mortgagors- herein assume ~ ~ : In the event that the mortgagors default in any payment or condi- ~ p 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 e such prior mortgage to be accelerated and become due and payable Iduring the continuance of this mortgage, then the entire sums se- ~ cured by this mortgage shall become due and payable at the option of < the mortgagee. ~ The mortgagors covenant and agree to make all payments and perform a all conditions and covenants called for in any prior mortgages now ~ incumbering the property, and in the event of default in any such payment,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 ~ iimaintain the prior mortgage and prevent a foreclosure thereof. Any ~ 1~and all such sums paid or expenses incurred on behalfof the mort- _ ,~gagor, together with interest prescribed in the note underlying this ~ :imortgage, shall be added to the mortgage indebtedness and be secured ;i by this mortgage . ~ - r ~ Privilege is reserved to prepay this note and mortgage, in whole, , lor in part, at any time without notice and without penalty. ~ .y - 4 ~ P'c""~ ~ PROp~-^'r. , ~ B ~,1~~{ ~ 19e Co- F,a y Ct1~ Eyt 11 1,?~i _ ~ ~ t ~ ~t~~ ~ - ~'`~`g`~ ~,Tw?~, ~`a~` ~ ~ _ , '.~Y _ ~ ; • r _ j _ ,1 ~ I~~ _ I .