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HomeMy WebLinkAbout4042 ~RTOAOE OCEO ~ ~ ~ ' RAMGO /OAY Ili6 I .ONO ?ORY • . ' • ti"1 ,10. ~ Z'Z ~(j L - r, u ~ ~ JV ~ . F K e~ 1 E. ~ ' , j~ ~ • • ~ ~ I FXPI'UI~ ~~P 19th day oJ December A. D. i972 6y I DORIS IRENE REARDON his wife, ROBERT C. REARDON and . ~ ~ herein~Jter called the mort~agor, to JOHN CLYDE STEPHENS, SR. and STELLA R. STEPHENS, his wife ~P~PIJIQjIP~ fQIIP~ I~IP I?IO~I(~QfJPP: I (N'hcr~rer uud Aereia tAe terms "mortga~ur•• and "mort~asee" i~lude aU tse putin to ~his imtrumret aad tkt hein, - 1~4a1 reprtsentati~ts and assi~os ot indis~dua6. aod the wneu..rs and assitas o! corporatiom: and tAt term "aote" inrludes al) ~be awes bereinrleuri~ed it mure thau one.} ~ ~~~e~~ Ihat (or flood and i~alua6lp ronsic~eralions, and a~.so in considerntion o) the aggre- gate sum nampd in Ihe promissory nole o) e~~en dafe he~eu~itti, f~ereina~ter ~escribed, the morlgagor here- tiy yranfs, har{~airis. se~~s, a~iens, remises, conveys antl con~irms unto 1{~e morfgagee al~ t{~e certain lant~ o~ u~hic{~ the morfgagor is now SPtZP~ anc~ in possession situate in $t. Lueie County. t'~orit~a. viz: Lots 10 and 11, Block 9, of FORT PIERCE HEIGHTS, according to the Plat thereof recorded in Plat Book 1, Page 39, of the Public Records of St. Lucie County, Florida. This is a second mortgage and is inferior to the first mortgage held by First Federal Savings and Loan Association of Fort Pierce, recorded in O.R. Book , Page ~S', Public Records of St. Lucie County, Florida, whic mortgage t e mortgagors herein assume and agree to pay. In the event that the mortqagors default 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 this mortgaqe shall become due and payable at the option of the mortgagee. ~ The mortgagors covenant and agree to make all payments and per- i form all conditions and covenants called for in any prior mortgages ` now inctunbering the property, and in the event of default in any ~ such payment or payments, conditions or stipulations, the mortgagee f without waiving the option to foreclose herein reserves the right to g 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 g mortgagor, together with interest prescribed in the note underlying ~ this mortgage, shall be added to the mortgage indebtedness 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. ~ _3 n ~ ' Q~ ~Q` t~~ ` RECEtVED = . SG IN PA`f!Ulf!!i OF T~ F~~S`P ~ p~ERSUANT` TO ,(~IIIPTER 71g-134~11C S'Of 19~j~f.R1 ~„l C/' ~o ~ _ ~~,.,1 `'~Pa~t ~ ' s : 03' ~ aoc~ PoRw~s : :~r ~ CLERK CIRq11T OOURT, ST. WC~E C0~ FU~ PME . ~ , . , V '.~~~,;y~, . t w O (i / - ~ O ~ . v - .5 i _ / ' ~ ti ~ Qe-„ S j:'s i _ . { % _ sr~ p _ ~ ~ o ~ ~ ~ ~U9 ~~~E 1E~~5 a~f ~E bocM ~ ~ ~ ~ ~ ~ ~ _ , . ' : ,~'r.x.-~ ~`x "~'ti r-y _ _ _.V ~ "'~*k ~~~~~~1K~~.as:±. ~ : ~ ~