HomeMy WebLinkAbout0661 ~o~o .o.~ 2566~.Q
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F.xpcuted ~he ~~~1 ~oy o! .JK 41~y A. D. t9 73 6y
JAM63 8. FOLSOId AND VIRGINIA N. FOLSOK~ /jss t~/~%.~
hereinaJfer callecl II~e mo?fgagor, to
G. ALggRT gL00D~ii~ORTN AND G. ERNBST BLOODii~ORTH, as Trustees under Trust Agree- j
ment dated July 23, 1957, recorded in Deed Book 230, Page 480 of the Public
Records of St. Lucie County, Florida. ~
I~ereina(ter caUed the mortgagee:
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IW6em~er u~ed Aerein the terms "mortss~or~ aad "aartsasee" indude aU t6e putid to 16o iasw~t~t a~d tAe ~ei+s,
IeRal rrprexnuti~ea aad aasiam of i~dividuab and ~Ae mcna~ws a~d aasi~m ol carpora~iw~: ud t4 ter~ ••~ote••
iacludes all t6e sotea Sercie de~cribed iI oore t6aa one.)
that f
or good and nalua6le c~onsidernlions, and also in coruiderofion o/ the aggre-
~ ~ gate sum named in lhe promissory note o/ even dnte I~enewith, herninajter described, the mortgagor here-
~ by granls. 6ar~ains, splls, aliens, ?emises, conveys and con/irms unto the mortgugee nl! !he ce?tain land
~j o/ ~h~~l~ thp mortgagor is now seized and in possession siluate in St. Lucie ~.'ourtty,
t
~ Fiorida. ~~~Z:
il Lots 1 through 12, inclusive, Block 31, SAN LUCIB PLAZA, UNIT ~ ~
; ONB, as per plat thereof, as recorded in Plat Book S, Page 57, {
' of the Public Records of St. Lucie County, Florida. ;
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TNIS IS A PURCHASB I40NBY FIRST MORTC,l1GB. `
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j Provided that this mortgage ia not in defauZt, at the option ~
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of the mortgagor, lots shall be released from the lien of this
, mortgage, upon payment to the mortgagee of the aum of $850.00
i~ for each lot to be so released, said payment to be applied to the
i~ last installment of principal due.
, The property encumbered hereby eha11 be the sol~ eecurity for the
~ obligation secured by this mortgage, and, in the event of any? default
r of auy of the tenus hereof, it ie hereby agreed that the mortgagors
~ ~ shall not be liable for any deficiency in the event said property is
{ sold at a foreclosure sale for lesa than the balance then due on said
~ obligation and the costs of the foreclosure action.
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DU~ ~ ~ EQ 71-134. ~S # lb/l.
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