HomeMy WebLinkAbout0669 ~I YORTOAOt OttD / RAMCO FOQM R~6
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Fx~ut~ ihp ? day oj ,.~r-i A. D. t9 73 6y
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ROGBR A. LIOY AND ffi.LEN LIOY , his wife, s
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' hereinaffer ca~~ecl fhe mortgagor, fo ` '
G. ALBBRT BLOODWORTH AND G. BRNSST BLOODidORTH, ae Trust~es under Trust Agreement J
dated July 23, 1957, recorded in Deed Book 230. Page 480 of the Public Records
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of St. Lucie County, Florida. ~
he?einaJte~ calletl the morfgagee: ~
r (N'hcre~Yr us~d 6e~eia tbe arm+ ••mortsa~or~ asa ••osortRaRet" i~clude sll t6e oartin a t6i~ imwst~t a~d tAs ?eirs ~
le~al nprexnativea aad a~ ro o( i~dividwb s~d tbe mcce~xs and a~si~as o1 cor{wratiaa~: ud t6e ure •'sote•i ~
~nclude+ aU the oota 6creia de+cr;bed if mo?e t~as oee.) • i
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, ~~t~~~~ that ~or good and valua6le c~onsiderations, and also in coneFderation o/ fhe nggre- ~
~ate siim named in !he promissory note oJ even dale herewit6, hereina(Ier clescri6ed, tl~e mortgago~ he?e-
6y grants. 6ar~ains, sells, aliens, remises, conueys and conjirms unto tl~e mortgagee all the certntn land
oJ which !{~e morlgagor is now seized and in possession sifuate in St . LuCie County.
i+ F~orida. niz:
I Lots 9 through 14, inclusive, Block 10, SAN LUCIB PLAZA, UNIT
i ONB, as per plat thereof, as xecorded in Plat Book 5, page 57,
of the Public Recorde of St. Lucie County, Florida. `s
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THIS I5 A PURCHASB MONBY FIRST MORTGAGE. {
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~ Provided that thia mortgage ia not in default, at the option
; of the mortgagor, lots shall be released from the lien of
this mortgage, upon payment to the mortgagee of the sum of
, i $850.00 for each lot to be so released, said payment to be
applied to the last installment of principal due.
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The groperty encumbered hereby shall be the sole security for the
obligation secured by this mortgage, and, in the event of aiciy default
of auy of the terms hereof, it is hereby agreed that the mortgagors
shall not be liable 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 costs of the foreclosure action.
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