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HomeMy WebLinkAbout2048 ~YR~YI~va Ytsy RAMGO IOAM R[~ tOM~ RORY f 2S5523 ~ ~ ~ ~ ~ . . : ~ . t ; : ~ ~ Execated the 29t~ day o/ Msy A. D. i9 73 6y ROY A. ROHERTSON and LINDA D. ROBERTSON, his wife ~ hereinujter cal~ the morfgagor, to ~ ~ E. G. LEDLOW and EFFIE S. LEDLOW, his•wife. ~ ~ ~ • hereinaJter cal~ !he morlgagee: (W6erever uud beeriw t6e uraa mor s~or~~ a~d ~•eorts~see•• i~cludc aU t4e partia to tiia ww~c~t ud 1~s ?ein, ~ kRal ~cpre~enutivca aod u~ ea ot i~d~~riduah. ~sd t6e wcce~ao~s and ari~s d corpontion; ud tbe ars ••~oa•• iaclude+ ~Il t!e wta he~eiw de~e~ibtd it mote t4ae owe.) ~ ~L~~~~ lhat (or good nnd valuable c~onstderations, and nlso in conside?ation oj tl~e aggre- gate sum named in i~e promissory note o~ euen date her+ewit~. l~ereinajter descrt6ed. the mortgagor ~ie?e- ~ by 9ro.?ts, ~iargains, se~~s, aliens, remises, conueys anc~ con~irnu unto !~e mortgagee ajl the certdn ~tncl of w~ich the mortgngor is now seizec~ and in poasession siluute ~n St. Lucie Co~hi• Florida, viz: Lot 9, B~ock 2, FAIRLAWN SUBDIVISION, as per plat thereof recorded in Plat Book 6, Page 5, St. Lucie County Public Records, State of Florida. This is a second mortgage and is inferior to the first mortgage held by Citizens Federal Savings and Loan Association f St. Lucie County, Florida, recorded in O. R. Book 213, page 1753- ~754, Public Records of St. Lucie County, Florida:~ which mortgage . the mortgagors herein assume and agree to pay. In the event that the mortgagors default in any payment or condition stipulated in any prior mortgage for a period of sixty days, or in the event of any default in a prior mortqage so as to cause such prior mortgage to be accelerated and become due and pay - able during the continuance of this mortgage, then the entire su~s secured by this mortgage shall become due and payable at the option ~ of the mortgagee~ The mortgagors covenant and agree to make alI payments and perform all conditions and covenants called for in any prior mort- gages now incumbering the property, and in the'event of default in any such payment or payments, conditions or stipulations, the mort- gagee, without waivinq the option to foreclose herein reserves the right to make such payments or perform such conditions or stipula- tions, so as to maintain the prior mortgages and prevent a fore- closure hereof. Any and all such sums paid or expenses incurred on behalf of the mortgagor, toqether with interest prescribed in the note underlying this mortgage, shall be added to the mortgage in- debtedness 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. r ~ S A ~~~N+~~A f oocuMfr~ARr . ~ ~i " OEP . OF RfyE1111E ~ ~ - ~ ~ _ =~r~n~ - ~~03.60 t ° " - ~.0. . 1 _ ~~iot 0 IN P~?~~IENT~ ~~y~ he ~47AN61SlE PE~~~~411 pti CJJ?SS ~ 7~-134. 1~S ~ 1911. ~jl ~ ~NT TO { ptt ~ p~1t1I C1R~ ~T' ; i r ~ ~ ~ i ~ ~ 8~~x z~~ P~2047 ~s~ -~_~w : _ - - ~ ~~~~z_;:; ~