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Home My WebLink About0749 ~ow~ ?o~w This I~cir~mbnt Was P?oplred Hy: Z1 • C. R. ?A.DONAI~, JR., Alfenw CEt~:nns f~dNet 8u~ld~n9 ~ H. P~~res, I~loridt 93450 ~ ~ ~ 250 21 Ex~ut~ ~f~p oZ.3 ~ dny o~ March A. D. ~q 73 6r ALBERR.iBRANCACCIO and ANNA BRANCACCIO, his wife, ~ereinaJler called the mo~tgagor, to JOHN B. FILIBERTO hereina(ter caUed the mortgagee: ~ (W6erever u+ed 6ereu the urms "mortsa~ aad "mor~aaee" iacludc aU t6e partia to tAis imtrrrer~t asd tAe \ein, Iqw1 repre~rnatives aod es of iadividwb, aad tbe wccea+ors aad ~ ~ a~n ot corywstiou: ud tle ura ~~ote•• iecludes all t6e aotd bercin~~bed it a~we than oae. ) ~~tn~~~ Ihat Jor g4od and valuable considerations, and also t~ consideration o/ tl~e a 89~- gate sum namecl in t~ie promissory note of even c~ale herewit~, ~ereina~ter des~tbed. the mortgagor here- by grunts, 6nr~uins, sells, aliens, remises, conveys and conjirms unlo the ntortgagee al[ the c~ertnin land o~ whic~ the mortgagor is now seized and in posaession situate in St. Lueie County. Floridn, viz: Lot 8, Block 48, RIVER PARK UNIT 5, as per plat thereof recorded in Plat Book 11, Page 31, of the Public Records of St. Lucie County, Florida. SUBJECT to the first mortgage with FHA on said property. This is a second mortgaqe and is inferior to the first mortgage + signed by Grace A. Rinq_~ to McCaughan Mortgage Company, recorded - j in O. R. Book 22, Page 316, of Public Records of St. Lucie Count , I Florida, which mortgage was assigned by Assignment of Mortqage ~ dated January 3, 1962, recorded in O. R. Book 27, Page 92, St. ~ Lucie County Public Records from McCaughan to First National r ; City Bank of New York, which mortgage the mortgagors herein i assume and-agree to pay. . ~ In the event that the mortgaqors de~ault in any payment or condition stipulated in any prior mortgage for a period of sixt ~ days, or in the event o~ any default in a prior mortgaqe so as t 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 mortgage shall become due and payable at the option of the mortgagee. The mortgagors covenant and agree to make all payments and per- I; form aZl conditions and covenants called for in any prior mort- qages now incumbering the property, and in the event of default f in any such payment or payments, conditions or stipulations, the mortqagee, without waiving the option to foreclose herein reserv s ' the right to make such payments or perform such conditions or ~ stipulations, so as to maintain the prfor mortgages and prevent j foreclosure hereof. Any and all such sums paid or expenses ( incurred on behalf of the mortgagor, together with interest ~ prescribed in the note underlying this mortqage, shall be added to the mortgage indebtedness and-be secured by this mortgage. Privtlege is reserved to prepay this note and mortgage in whole ~ or in part at anytime without notice and without penalty. oF ~LO~R 1 D~ 1 o~ ~ DCWr1~Ni~RN1G.rF'-'~~TA~ x~ iteCifYED _~lJ OFP1. Oi REYENt1E - ~ M1E ON U' A$$ INTAN61BLErpE AYMQR pF ~ ~ D=*~ 1 1. Z 7 ~ ~~1Atff TO CFtApTER 11-23~, pROPERIr, 19)l. o = t~~02 ~ ~ CLERK ClFiql ~RRAS ~ljr/~ C011RT, S/. WC1E Cd.. FLl ? ~N~ ~ 'v ,i ~ ~ J~ ~ ' . r' (1 r ~ ~A ,r~`'t ~ CJnt t_.~.c., ~~G, `t~ . k~ ti y ; a ~ ~ _ - r