Loading...
HomeMy WebLinkAbout1700 ~ I ~RTOAOE OtEO / RAMCO ?ORr R[• .ONO IOAM . / ~ ~ 2361s3 ~ . / ~ i Er~Ur~i ~hP 23rd ~Qy ~1 August A. D. i972 6y TIM E. WEBB and CHARLINE WEBB, his wife, ~ ftereinajler ralletl fhe morfgagor, to 1 ! ~ EDNA L. FISHER, a widow, 1,~~ } r ~ l~ereinafter ca~lcK1 the morfgagee: ~ (N'brre~er uxd btnia t6e terun "mortsa~or aa~ "mortRaaee" iaclude all t6e parties ~o tAis iutrume~t aed t1e ~ei~s, leial represenuti~es and a+siRas of isdividuab aed t6e si~ccewxs and astiRm of corpora~iom: a~d t6e term ••sote•• ' iirlude+ all tLe a~tes Aereis ~rscribed i[ more tdan one.) ~ ~ ~~~~e ~ ftiat for gooc~ and i~aluable ~onsiderations, antl also in consideration of tl~e aggre- 9Q~P sum name~ in Ihe promissory nofe of even date tierewith, hereinaJter descri6ed, fhe morfgagor here- 6y grants, 6ar~ains. sells, aliens, remises, coni~eys and conJirms unto the mortgagee all the certnin land oj u~ht~h fhe mortgapor is now seizecl and in possession siluate in St. Lt1Cie County. _ F~ori~a, viz: Commence at the Southeast corner of the West half of the NE 1/4 of the SW 1/4 of Section 34, Township 35 South, Range 40 East, and run thence North 275 feet to the point of beginning, thence continuing North 50 feet, thence West 215 feet, thence South 50 feet, thence East 215 feet to the point of beginning, as per Public Records of St. Lucie County, Florida. ~ This is a second mortgage and is inferior to the first ` mortgage held by Citizens Federal Savings and Loan Association of St. Lucie County, Florida, recorded in O. R. Book 205, page 323-4, t Public Records of St. Lucie County, Florida, which mortgage the mortgagors-herein assume and agree to pay. ' In the event that the mortgagors 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 . ; Qx,;r~~~iiuiuu The mortgagors covenant and agree to make all payments and ~ ~ perform all conditions and covenants called for in any prior mort- ~~~l ~ gages now incumbering the property, and in the event of default in ; ~ , an such a ent or a ents, conditions or sti ulations the mort- ~ Y P Ym P Yn? P • gagee, without waiving the option to foreclose herein reserves the J ~n',;' ' 6 ~ right to make such payments or perform such conditions or stipula- tions, so as to maintain the prior mortgages and prevent a fore- - ~ ° a, L ~I closure hereof . Any and all such sums paid or expenses incurred on ~~~'~N ~N behalf of the mortgagor, together with interest prescribed in the s N ~o note underlying this mortgage, shall be added to the mortgage in- ; Q ~ Q debtedness and be secured by this mortgage. ~ (~~I~tfi{NIII d Privilege is reserved to prepay this note and mortgage in .~l1~~~0~ whole or in part at anytime without notice and without penalty. 1$ THE MORTGAGOR SHALL NOT CONVEY THE PROPERTY MORTGAGED HEREIN ~ 'AITHOUT THE WRITTEN CONSENT OF THE MORTGAGEE AND THE ASSUMPTION BY THE NEW OHIIJER OF THE UNPAID BALANCE OF THE MORTGAGE DEED, AND IN EVE T TRANSFER OR CONVEYANCE IS MADE WITHOUT THE WRITTEN CONSENT AND ASSU - TION IN DUE FORM, THEN THE UNPAID BALANCE OF THIS MORTGAGE MAY BE ACCELERATED WITHOUT NOTICE BY THE MORTGAGEE AND THE MORTGAGEE MAY ~ DECLARE THE ENTIRE DEBT DUE AND PAYABLE. ~ ~ ~ M lNIMOR Qi TIu~O pMp~ ~ +Q Mir~M~tt ~ ~Ou~ ~ ~ n.~ IIG'S Oi 11?1.~~ ~ ~ ~ R ~ f_ ~ n, i~1CE 00~. RA ~ goox~05 ~A~f1700 ~ ~ . r y , , ~ ; . - - _ ,