HomeMy WebLinkAbout0632 YORTOAGE DEED RAMCO IORM RE6
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Freru~~ thp S~h day ol .~W NE A. D. ~q73 6y
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ALAN B . CALIAWAY ~ ~ ~~~u~~!{ ;
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~ereinaJ~er called the mo?t~a9or. !o ~ ~
G. ALBBRT BLOOD~IORTH AND G. BRNBST BLOODW~ORTH, as Trustees, under Trust Agree
4 ment dated July 23, 1957, recorded ia Deed Book 230 on Page 480 of the Public
R e c o r d s o f S t. L u c i e Count y, Florida. '
! hereina(ter called the mortgag~e:
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IWherc.~er u~rd 6eniw tLe terms "mortsa~~ and "mr~tasee" iaclude ail t6e parties a t6is ieun~~est a~d tAe 4in. 1
kRal reP~exnuti~ea and aei6m o( indir~duab. a~d tAe mcnrers aad aaiR~s d caryontim: asd t6e ar~ "~ote••
includes all t6e ootes bereia described it ~s tAaw oae.) ~
l1~at Jor good and valuable c~onsideralions, and also in consideration o/ tF~e aggre- ~
` I gnle sum narrted in the promissory note oJ even date~ herewilh, I~ereinajter described, t{?e mo?tgagor here- ?
i 6y granls. 6argains, sells, aliens, remises, conveys and conJirms unto the morlgagee nll ~hg certatn lnnd ,
of u~~icti tf~e mortgagor is now seized and in possession siluute in St . Lucie County, i
F~orida. viz: i
Lots 1 throu 18 incluaive, Block 61; Lots 33 through 36, inclusive, '
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i; Block 61; Lots 19 through 32, inclusive, and Lots 34 and 35, Block 60;
I All being in SAN LUCIE PLAZA, UNIT ONB, as per plat thereof, as recorded
in Plat Book 5, page 57, of the Public Records of St. Lucie County,
Florida. ~
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THIS IS A PURCHASB MONEY FIRST MORTGAGE.
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iE Provided that this mortgage is not in default, at the option of the
i~ mortgagor, lots shall be released from the lien of this mortgage,
upon payment to the mortgagee of the sum of $750.00 for each lot to
be so released, said payment to be applied to the last installment
of principal due.
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( The property encumbered hereby shall be the sole aecurity for the
j obligation secured by this mortgage, and, in the event of any default
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~ i of auy of the terms hereof, it is hereby agreed that the mortgagors
~ shall not be liab2e for any deficiency in the event said property
is sold at a foreclosure sale for less than the balance then due
= on said obligation and the coats of the foreclosure action.
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