HomeMy WebLinkAbout0692 `f / ST-23,774
YORTOAOE O<~O l( RAMCO FORM RCA
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Fx~utpd th~ a 3~~ day oJ y~ A. D. ~q73 6y '
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RUTH C. CLIFTON
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hereinaJler called the mortgagor, to ~
G.. ALBBRT BLOODWORTH and G. BRNBST BLOODWORTH, AS TRUSTBBS, under Truat agree- '
ment dated July 23, 1957, recorded in Deed Book 230 at Page 480 of the Public ~
Reco~de o€ -S~. Lucie County, Florida.
hereina ter called t e mottgagee:
(W6erever u~cd Aercin the urms "mortsa~r~ anQ "awrts~Eee•• includr all tAe partin a tlia i~stnse~t ud ~e `ein,
IeRal reprexnuuves aod aw~ m of iadi~~diub. aad t6e wccev.x~ and arisn of carporsian: ud t4 tcr~ ••~ou,••
include+ all tbe wtes Aereio deacribed if more due ooe.)
~ that /or good and vnlua6le c~onsiderations, and also In co?uidernlion o~ the ag9re-.
gate sum namec~ in Ihe promissory note o~ even c~ate herewilh, hereina/ter descri6ed, the morlgngor /~ere-
6y grnnts, bar~nins, sells, aliena. ?rmises, conveys nnd con/irms unto the mortgagee all tf?e certaln land °
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I~ oJ whic{~ the mortgagor is nou~ seized nnd in possession ~ilunte in St . Luc ie Counlr.
!I F~o?ic/a. viz:
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Lots 5 and 6, Block 37, and Lots 19 through 36, inclusive,
I Block 38, SAN LUCIS PIAZA, UNIT ONB. as per plat thereof, recorded in
Plat Book 5, page 57, of the Public Records of St. Lucie County, Florida. ~
I THIS IS A PURCHASB MONBY FIRST MORTGAGB.
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( Provided that this mortgage ia not in default, at the option
~j of the uwrtgagor, Zots shall be release from the lien of this
i; 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
!f the last installment of principal due.
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The property encumbered hereby shall be the sole security for the
~ obliqation secured by ffiis mortqaqe, and, in the event of any
~I default of any of the tezms hereof, it is hereby agreed that the
' ~ ~ uiortqagors shall aot be liable for any deficiency in the event
! said property is sold at a foreclosure sale for less than the
~ ' balance then due on sai~ ot'_i.^atf anc~ t~~ rnat4 ^f th°
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z ~ foreclosure action.
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