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~ ~o ~laue and to ~iold t~ir :um~•. tuyrf{~rr u~il~~ I~u• i~~ni~mrnh. ~~~~rri~ifumrnl. nn~~ ~~pptut~~
~ n~u~r~~s I~~rn•fu ~~r~~~ru~iru~. ~uu~ I~~r ?r~~fi. iccurc wu~ ~~?u~if. I~u~n~u~. ~u~fu 1~~~~ nlurfry~~c~~•~~ i?t >imp~r
~1~~ I~~a murl~~uyur rur~~nn~:fs u~il~~ I~~r murf~~uyi~r I~~ul 1~u~ murfyngur in~~~•~~•asi~i~~ .r~z~•~~ u~ saic~
~t~n~~ i~~ ~rr cin~~~~~~: f~~ul f~ir murlgayur ~ias yuo~~ ri~~~~f an~~ ~iur(u~ aul~iorily lu i~unr~•y sni~~ ~un~~ us uJun•
>~~i,l: flial Ih~• murlr~apur u•i~l makN sucl~ ~urtlii•r ussureu~ci•s lo p~~r(ect 11~~~ frv simp~e fil~P lo sai~1 ~an~~ in tlie
~r~url~~uy~~i~ us mi~~• r~~usonu~~ly ~,r r~yuin•~~: l~~af 1~~~ mu?tqac~ur ~u~mf?y ju~~y u•arranls f{u• til~i• lo sni~~ ~un~~
~ w~rl u~i~~ ~~r~~vu~ Il~~~ sn:ni~ agninsf t~~e ~tu~~ju~ c~aims o( n~~ prrsons u~~~omsovi~er: on~~ Ihat snii~ ~ant~ is ~?e~
,~~~~1 ~1~~~~~ ~~1 ~~(1 ~~~~~~~~?~~h.~~?~~~~. except those presently of record in the public
records of St. Lucie County, FLorida.
AND the riortgagors herein agree and covenant with the Mortgagees
~ herein that (1) in the event that the title to the aforesaid property
; encumbered by this mortgage deed is conveyed out of the names of the
; t~lortgagors herein, then the balance due hereunder will come due and
~i payable in full immediately upon said conveyance being recorded ir.
the public records of St. Lucie County and (2) the Mortgagors herein
; will not negotiate any further-advances under the "open end" prov-
isions of the present first mortgage now encumbering the aforesaid
property except for the purpose of pay~ng off this herein seeond
i mortgage.
~
il
~rouided ~tways~ I~~at i~ ;ai~I morfqaqur s~ia~~ pu~ ~u~fo suu~ morf,y~yPt~ fh~ certnin pron~is
.urv nutr Iu~minafl~~r .u~~slanfiu~~y ropirt~ or ir~~•nfiji~>t~. to u+i1-
. ~
~~,?_r] ~ NO.
~
fort fiercc!. R~r~~a _ Dee~mher 2T.--.__19_,~
Frn vaive rc~cei~~.c+: 1, we, or e:*h~: of ~s, promise 'o Ray w:!Iv~t ~~~alcasio~, b tite ar~ef of
3L. LuC1e Mortgsgle Cos~BUy .~t t:{s;- ~rE~,;ra :n Cort P~erca, ~la*:da, t!:e sesm of ~~S~..tL_
I wilh ints~+est from dete at t1~e rst3 0# L_n %~er aru~um, in monihly instatlments as fotlows:
; on the c~ay ofFBDrila~l,~Z 3nd a like sum or the correspon~:ng
! day of each like sucoeedir~g manth thereafiet
; until paid in lull.
A late payment c'.~arge eF 5~.,,_~_, shai! be added b eac.~, paym~t remaininq unpsid 7 ciays af'er its
~ due daro artd a like sum shall be a.ided to each such ins~a!lrnsnt ramaining unpa~d T days after esd~ suocee3-
~
~ ing rx?ymes?t date. _
~
$ fec.h instaltrnent first shall be applied i~i the pay•r~t of tfie ~r.~erest and tt?en on ttte unpaid baianpe
of the principa! sum. If defac:t? is made :r. ti~e payment aoy ins~~;:rr.Fn' when due, then c:t the option o{
ihe holder, and witF~out any aiher notice, a!? the remaini~eg insta~i~:~ents s~ia;: be die and pavabie at oncs.
' Privilege is given to pay r~vo or mo~e instat:n~enh a* any ~nsfa',lment maturir~r date, bt:t this shal! not extend
~ the iime of maiurity o.` a~y wbsequent instaliment. Keither forb~:ra~:ce, r.x accP;p:ance by 1fie holder
~ hereof aft~r any ciefavlt in any aayms~t hsreon, s!~a#i be deemed extension.
Each maker, surety and endorser hereof, p~ntly and seyerslly, waives demand, p~e;entmeM, protest
~ and notice of ~rotes! for nan-psyment, and further agreas to any extensian af time of paymer.t, either before
~ or after maivrity, without nc+tice to any of us; and to pay all cosis af mllection, inc(udirtiq a reasonable attor-
~ ney's f6e in the event of any defau!t l~efeunder, and ttere}~y severaify waives at! ~nef'rt cf homestand and
exempfion v.~des the Constitut~or~ arid laws of eeck'State of the United Stabs, aa agair~st th'ss oWigatior~ flr
~ any extension of renewal hereof.
'°3
W tTNE55 THE HAND AND SEAL OF EACH PARTY: / s/ E rne s t C. , j n b e r g„ ______~~z
Ernest C. Lundberg
/s/ P~oebe W. Lundber~ ~~~j
Pho~be W. Iundberg
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