HomeMy WebLinkAbout1571 MORTGAG[ OEEO ~v~~~~ RAMCO FORM RE6a
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Made this 15th du~ o/ ~y , A. U. 197? .
~Qt((1QQ~ ~lilliam L. Bailey and Lois Bailey, his ~rife
ca![ed t/~e .t(orlgagor s,~~~~d ~-orida Bank at Fort Pierce ~ultPd IhP JlorlgugPe ,
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Thur ~hr suid lturf~ayors ,/or «nc! i~~ ru»sid~rulio» o/ th~ siim o/ '
Six Thousand, Eight Hundred fit'ty-tvo and b0/100 ($6,852.60) Dollars,
ta them in hund paid hy thP said 11or~guge•P , Nrr r~~~•~•ip! it~l~rrru/ is hPrPby acknou?l-
cdgPd, have ,qra~~ted, lxtrgaiited nnd sold fo the• xui~l 1/ortgtt~rP , its ~ heirs ~ ~
u~~d assig~is /'oreuer, the /ol~o~t~i~~g described lutid, situaf~•, l~iiig cu~d 6Ping in the Coun(y o~
St. Lucie . Stute uf Florida . to-~oif:
Second Mortgage on Lot 1~+, River Oak Estates, according to the plat
thereof recorded in Plst Book 16, page 5, of the Public Records of
St. I,ucie County.
~ ' 1N PAYHEHT QF T/1~
~ a'f ClJISS 'C' INTANGIBIE ?EZ",,0.~ pRp,~n.
PIJRSUAMT TO CFUtPIER )I-I3:. ACiS Of lyll. -
aos~ ro~rw+s /~r ~
(~RK CIRq1R OOURT, ST. LtfC1E Op., F(A ~ ~
and the said 1/ortgagors do hereby /ully uu~rrmit thP titlr to snid lcind, und will dP~end the
same against the latv~u! claims o~ alI perso?is tuhomsueuPr.
~~(1~ ~i~~(It~s~ That i/ said tilortgago~s , their heirs, 1Pgu1 reprPSPntatiues
or assigna. shal( pay to the said :1lortgagFP its lPgal represPrrtutives or assigrrs, a
certain prvmissory riote, a copy o/ ~ohic-h is oR thP rrnPrse sidP hPrPO/, and shall per(orm and
coirep(y wif.5 each and euPry stipulafion. ~rgrPemP~rt a~id rovPnant o/ snid note and o/ lhis Hortgaye,
then this 11lortgagP and thP PStU~P herPhy rrPCdcd sha(l he void. olherwisP the same shall remain
' in /ull Jorce and virlue. And thP said ~/ortgagois couenant to pay the intPrest and principal
pro~nptly where due: to pay the taxPS a~id assessments on said property; b carrs~ insurunce against
fire on the building on sard land (or not lesa lhan $ , approued by the .ltvrt- ;
` gagee , with standard mortgage loss clc~use payable to .;[ortgagee , the poliryto be he(d by the
` 3fortgayee , to keep the building on said land in proper repair, and to waive the homPStrad
~ exempfion. ~
; Should any v( the above covenants be broken, then said note and all moneys seci~red herPby
` shdl, without demund, ij the .~fortgagee its lPgal representatives or assigns, so
E elect, at:nne.e become due and paya6le and the m~rtgage be foreelosed, and all cosfs and exRP~isPs
i of eollection o/ said moneys with or without suit, ineluding a reasonable /ee /or tf~e .1lortgagee.
i attorney, shall be paid by the .~tortgagors , and lhP same are hPrehy se~ured.
F ~I~ ~(~ICSS ~pitel'QO` The said 31ort a o~s hereunto sPt their hand und
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` seQl the day and year fi~st aboue written.
~ Si ed, sealPd an deliu~ed in ~ur presence: , ~
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j Florida Bank at Fort Pierce ~
? T7iis In~ramar~ prep~a~rd by: • V. C. Rhinesmith
P. 0. Box 31a(9 C R Z~~ PdG~ ~5~ '
i Addrac BOOx ~
' F`t. Pierce, Fla. 33450
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