HomeMy WebLinkAbout0187 ~IITOAOt D[tD ~ I
.otN ~o~Y ~Q~~ RAMCO IOw~/ IK~
V I 1ir
~ . ~ ~ ;r~.~
Executed the day oJ j~gy A. D. i972 67? .
JOHN R. WALLER and DOROTHY R. WALLER, his wife,
~ereinaf t~ ca~~ the mwfgogor. to
MARY ANN BRAY HALL
~ hereina/ter callecl the moHgagee:
} lwra~ ~a ~ c«.. ~ ..a ~ .n ~r. ~ ~..u...~.e ..a ~ r~.j
kP~ ~wutires ud ~~a ~ot ~~dY~b~iad Hc wwceiors ~wd ~a a! oorpotatio~s: ad fie Mr~ "aele' ~
iacl~dw all tLc ~otes ~erei~ de~cr~cd it ~we o~e.)
sIF,~~,,,,- ~
~1l111[~X~ that jor good and ~1~61~ ro?utd~e~o?~, and a4o [n ewatde?ation oj th~ aggn-
gnte aum nnmed In !he promisaory note o~ ec~en date herew~th, ~ereina`t~r descTi~~ t~e mortgogor ~i~re-
by e.+~.~u. bargains. sella. aliens. remiaes. c~onveps and oonJirrns unto the mortgagee nU the cwtdn Tand
of u~hic~ t~ie mortgagor ta now seized and in poasession situnte in St. Lucie County.
F[orida. viz:
That part of the northerly 55.3 feet of Lot 2,
lying West of South 2nd Street, and Sast of
Florida East Coast Railway Company's right of
way of Andrews and Richards Re-Subdivision of
Tyler's Subdivision as recorded in Plat Book l,
Paqe 199, of the Public Records of St. Lucie
County, Florida. Said Lot lying in and compris-
ing of Government Lot 4, of Section 10-35-40.
This is a second mortqaqe and is inferior to the
first mortgaqe held by Citizens Federal Savings and Loan Associa- ~
tion of St. Lucie County, Florida , recorded in O. R. Book 201,
~ page 1694, Public Records of St. Lucie County, Florida, which ~
mortgage the mortgagors herein assumae and agree to pay.
$ In the event that the nartqaqors default in any payment
or condition stipulated in any prior naortgage for a period
of sixty days, or in the event of any default in a prior
mortqaqe so as to cause such prior mortqaqe to be accelerated
and become due and payable during the continuance of this
mortgaqe, then the entire sums secured by this mortgaqe shall
become due and payable at the option of the mortgagee. ~
; ,
i The nartgaqors covenant and agree to make all payments ;
~ and perform all conditions and covenants called for in any i
; prior mortgages now incumberinq the property, and in the ~
~ event of default in any such payn`ent or payments, conditions
~ or stipulations, the mortqaqee, without waiving the option
to foreclose herein reserves the riqht to make such payments
E or perform such conditions or stipulations, so as to maintain
? the prior mortqaqes and prevent a foreclosure hereof. Any
~ and all such sums paid or expenses incurred on behalf of
E the mortgagor, toqether with interest prescribed in the note
underlying this mortqaqe, shall be added to the m~ortgage
~ indebtedness and be secured by this mortgage.
;
Privilege is reserved to prepay this note and mortqaqe
in whole or in part at anytime without notice and without
penalty.
I
~
R
€ W S~ ~ A"i ~~F t= L U F-Z i(.~A
E c~ DOCU?~ENT,A~~t ST~MP 7~X + ~~j
~ ~ o = tur-s~rz _ b00K PAf,f i
~ - _ ~450_
_
N V of~T.Of REY~~uf ~1M~ _
~ p,~.1fOf It - •
i
I~
_ _ ~ - e !
- - - ~ - - -
. '~-'~'a."'~~{ r .