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HomeMy WebLinkAbout2372 YORTOAOE OEEO RAMCO FORM RE6 ( ~oHO ro~w j~~~r~ I ~ I; / ~ ' ~ 4 I~ I:.p~u~~l rh~~ Z~~~ dpy oJ August A. D. ~9 7?1',y . L. D. Allen, Jr. , a single adult, I' ~ {~ereina(Irr cnllecl Ilie morfga~or, fu ~i I~ Cecil E. Goodenow and Gladys '_'Ji. Goodenow, his wife, i: j hereinafter callecl Ihe morfgagee: i i (N'bcrnYr used henin t6e term+ ''mortsasor" a~ "mort~atet' ioclude all tAe partie+ to tAu instruse4t asd t6e ~eirs. ~ ktal rrprexnutivea and aui~m u[ iadiriduab. and tl~t wcre~++.n and auitm ot eorporation: asd t!e term "aote•• ' include+ aU tse nwes 6erein descriEtd if more ~lun one.) I ~j ~~tnesseth~ that Jor good and i~nluable c•onsiderations, and also in consideralion oJ tl?e aggre- ~i gatp sum named in Ihe promissory note oj eupn date hereu~ith. I~ereina/ter descri6ed, tl~e mortga9or here- f~ ~y grants, bargains, se~~s, n~iens, remises, con~eys anc~ conf irms unto f~e mortgagee alI Ihe certntn ~nnd o~ which tF~e mortgagor is nou~ seizecl and in ?wssession situale in St. Lucie Counfy. Flori~la, niz: I` I~ Lot Block 152, Unit 11, LAKEWOOD PARK SUBDIVISION ~ ~ This is a second mortgage, subject to and inferior to that certain~ first mortgage from the mortgagor herein to First Federal Savings & Loan A ssociation of Fort Pierce, dated August 10, 1972, recorded OR Book 205, ( page 309 of the public records of St. Lucie County, Florida. This second ~ mortgage is made on the express condition that if either the principal or interest of the debt secured by the prior mortgage is in default, or any o: i the conditions or covenants of the prior mortgage are broken, then, 'and in ~ such event, the whole sum of principal and interest of the debt secured by ~ this mortgage shall, at the o~tic~a of the holder of this second mortgage, beco. immediately due and payable and this mortgage may be foreclosed at once. Anything herein to the contrary notwithstanding, this second mortgage shall i j not be freely assumable by third party purchasers from mortgagors of the real property described herein. In the event of a sale to third party ~ purchasers, this mort gage shall, at the option of the holder of this second ~ mortgage, become immediately due and oavable and this mortgage may be ~ foreclosed at onc e. ~ s ~ ~ . ~ ~ - ~ I ~ t~ ~ ~t ~ - ut a~w~rt o~ ~ eu~ o~ cu?~s ~c ~so+u~ w~n, ~ i i 1't~SiN111T TO AiA/~ER Tl•13{. IICft Of 1lIL ~iH !'OfIM1 ~ (I ~1E11K CI~Gf~t OOdRT, ~ t~ N11 ~ ~ ~ oc ~ ~ ~ ~ ~ I' o~ ~LUF-t1UA . W p CU ~c~ A° r STI:?~iP T_A X ~ ~ j ~ j ' AtIG30'T2 ~`'t - ~ , o = , _.~;:~300= ~ - ~ ~ V REDt.OF RtriKBE •~...w'~ ~ pB,190112 ~ ~ ~ ~ ~ ~ ~ 'd~ ~ ' I' ~ ~ ~ , - i - 6~~p`~ - ~ K pn r^-c^- . ~ . ~ z,r ~ I ~ ~s~."~~s;~•~`v v ~,g~~.,~ _ _