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~ ~RTdAO[ O[[D This Inst~ume~t Was Prepared Oy!
oKa roRr C, R. Mc40NALD, JR., AHo?n~y RAMCO IOwY IIt~
Cit~:sn~ F~d~ral 6uildinq
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~r t:xp~Ui~ ~hP day o( June A. D. ~q 7 2 6y
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~ 2 S I HARRY POULOS and SANDY POULOS, h•is wife,
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~ hereina(ler callecl tfie mo~tflagor, to
FELIX G. SHEEHAN and JANET SHEEHAN, his wife,
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IeprPina~lPr ~a~~e~ fhp mortgager:
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~ (N'Ixrc~e~ u~ed Ixrcin tAe te~ '•mortsa~or" and "mort~aset ' iarlude all ~be putie~ to tbis imtrume~t aed t4 6ein, . aY
k;al rcpre+cnuti~ea and a~ai m o( indicidua4. aad ~6e succe+m and aaisas oI corporatiws: asd t6c tcr~ ••aote••
include~ all tbe euta 1?cnia ~ribed iI more t6a~ ooe.)
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~ tn~Q~~ tl~at Jor good and t~a~unble c~onsiderations, and also in consideration o/ the aggre-
gate sum named in the promissory note oj ec~en dafe hereu~itl~, hereinajter described. llee mor~gegor I~ere-
by ~rants. 6arguins, sells, aliens, re??~ises, conueys ar+d con/irnes ureto !~e mo~tgagee alI t6e certain land
of u~~ic{~ fhe r»orfgagor is nou~ sPize~ an~ in possession siluofe in $t . Lueie County.
Florida. uiz:
Lot 5, Block 2, of SOUTH PORT ST. LUCIE '
UNIT ONE, according to the plat thereof
as recorded in Plat Book 12, at Pages .
1& 2, of the Public Records of St. Lucie
County, Florida.
This is a second mortgage and is inferior to the
first mortgaqe held by Citizens Federal Savings and Loan Association
of St. Lucie County, Florida, recorded in O. R. Book 197,
page 518, Public Records of St. Lucie County, Florida, which
mortgage the mortgagors herein assume and agree to pay.
In the event that the mortgaqors default in any payment or
condition 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 pay-
able during the continuance of this mortgage, then the entire sums
secured by this mortgage shall become due and payable at the option~
of the mortgagee .
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The mortgagors covenant and agree to make alZ payments and
perform all conditions and covenants called for in any prior mort-
gages now incumbering the property, and in the event of default in
any such payment or payments, conditions or stipulations, the mort-
gagee, without waiving the option to foreclose herein reserves the
right to make such payments or perform such conditions or stipula-
tions, so as to maintain"the prior mortgages and prevent a fore-
closure hereof. Any'and all such sums paid or expenses incurred on
behalf of the mor~gagor, together with interest prescribed in the
note underlyinq this mortgaqe, shall be added to the mortgaqe in-
debtedness.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.
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,I g~~K 203 PA~. i549 .
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