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Fxecuted the ti day o/ ~ f y N~ A. D. tq73 6y
KENNBTH JOHNSON AND HILMA JOHNSON, hia Wife ~
hereinaJter called the mortgago~, io ~
G. ALBBRT BLOODIi~ORTH AND G. ffitNBST BLOOD`iORTH, as Trustees under Trust Agreement
dated July 23, 1957, recorded in Deed Book 230, Page 480 of the Public Records .
of St. Lucie County, Florida.
hereinaJter called the morlgaflee:
(W6ere~er uxd 6ereie t~t terms "aor~ asd "mortsaaee" include aY tAe ~rtia to t?is imtrr~tst aad 1ie ?ein.
kxal reprexotati~ts aod a~~m ol iadir~ and t6e succe~+rs and aq[n d earpxatiod; asd de urm ••wh••
includes aU tbe aoua 6crei~ deacriEed i( aore iha~ oac.)
~~tn~e~~ that /or go«1 and ua[uable c~onsiderations, nnd nlso in consideration oj the agg?e-
gate sum named in tf~e promissory note o~ euen date herewith, hereina(ter descri6ed, the mortgagor here-
by granls, ba?gains, se~~s, a~iens, remises, conveys and con~irms unfo fhe mortgagee a~~ Itie certain ~nnd
~ oj which tl~e mortgago? s now seized and in posseision siiuate in St. LuC3e County,
I' Florida, i~iz:
~ Lots 16 throu h 20, inclusive, Block 44; Lots 14 trrough 18,
~ S .
~ inclusive, Block 53; Lots 6 throu~h 35, inclusive, Block 54;
Lots 6 through 20, inclusive, Block S5; Lots 9 through 33, ~
inclusive, Block 57; All being in SAN LUCIB PLAZA, UNIT ONE, ~
as per plat thereaf, as recorded in ~lat Book S, Page 57, of ~
the Public Records of St. Lucie County, Florida. ~
~
THIS IS A PURCHASB MONEY FIRST MORTGAGB. '
_ ~
~ ~ Provided that this mortgage is not in default, at the option
; ~j of the mortgagor, lots shall be releaeed 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 lasC installment of principal due. ,
The property encumbered hereby shall be the sole security for
the obligation secured by this mortgage, and, in the event
of any default of any of the terms hereof, it is hereby agreed that th ~
, mortgagors ahall 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 coste of the foreclosure action. ~
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