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HomeMy WebLinkAbout0979 • _ ~ I / ~ ~ I i ~ ~ Erp~~,r~l ~I,P 2nd ~Qy o/ March A. D. t9 72 by j ~ ~ JOHN FICARA, JR., a single adult ~ t hereinn~ler callecr fl~e mo?tgagor, lo ~ - MARIAN R. BILLMAN . herei~~a(ter callp~ the morlgagee: ~ (W6erc.Yr used benia the urm~ "mortsasoi' sad "owrtRagee" ierlud~ all the pariiea to thu inswocet aed t6e Aein, le~al reprex~nti~a aod assitm o( iodiv~dwk. and t6e wccnx.n aad usisas u1 corporatiws: aed tAc term "wte" includes aU the nutea brreia describtd i( more thaa one.) ~ ~ ~ it'~ ~~~n~e~~ that Jor good nnd i~aluable consideratioris, nnd nlso in consideralion oJ tl~e a99re- ~ gafe sum namec~ in I~e promissory note o~ even c~ate ~erewifh, hereina(ter described, f~e mortgagor ~ere- ~ 0.~ 6y granls, bnrgains, se~Is, aliens, remises, conveys and confirms unto Ihe mortgagee a~~ t~e certain Iand ~j o~ u~hic{~ fhe morlgagor is now seizec~ and in possession silunte in $t. Lueie County. ~ ~ ~ F~oricra. viz: d ~ m~ Lots 12 and 13, Block 6, Revised Plat of PALM HAVEN SUBDIVISION, Unit l, as per plat thereof ~ z_~ on file in Plat Book 5, Page 51, and Plat Book 8, ~ L,~~~ Page 44, of the Public Records of St. Lucie County, ~ ~ ~ Florida . This is a second purchase money mortgage and is inferior to the ~ f i r s t m o r t g a g e h e l d b y R o s e G r e e n, a s i n g l e a d u l t, d a t e d M a y 6, 1968 ~ and recorded in O.R. Book 171, at Page 2162, Public Records of St. Lucie County, Florida, which mortc~ge the mortgagor herein assumes and agrees to pay. 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 ~ ~ prior mortgage to be accelerated and become due and payable during the continuance of this mortgage, then the entire sums secured by i this mortgage shall become due and payable at the option of the mortgagee. - ~ The mortgagors 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 payment 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 maintain the prior mortgages and prevent a foreclosure hereof. 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 s secured by this mortgage. { Privilege is reserved to prepay this note and mortgage in whole o ~ in part at anytime without notice and without penalty. f ~ ~ ~ ~ r ~ i , ; ; ~ ~ ~ ; z ~ 4 i ' ° o zo ~ i 60 K ~ PACE ~7~ _ i f .A _ _ . ~ . _ . . _ _ °`sa~ ~ ~ ~ ~ ~ N ? ~ , +2~ # y~'s`~i~+4's'Y~c >:~s~ `Y s'.i?.r~Y?~F .-Y ~ ~ . `"~r ,,._,"'~x- ,.r " ' ~ ;~°~4. -,a' ~ ~a`~~~'--. ~~:e c ~',.~t°s ~^ak~ a~,~ ~`r=-~`S.~ xH~-r r~., s s F _ _ 3X~,~~.~ ''i'~., u,.F ~ _ ; .s_'~+~r-s~..r~r'~''F 'YF-..~.,~: _~_`~`~'.'--":t . L. a- ~ . yr..c .