HomeMy WebLinkAbout1746 ~ rowto~ac octo ~ / -
A RAMCO IO~M RE6
LOMO /OIIM ~1~QV ST~ZS ~O7Y
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Fxecu~ed thP lQ}~ day oJ July A. D. 19 ~g 6r
THO,~lAS J. MA21CIN0
hereinaJJer called Il~e mortgagor, to
G. ALBERT BI.OODi+T~ORTH AND G. SRNEST BLOODWORTH, as Trustees under Trust Aqreement
dated July 23, 1957, recorded in Deed Book 230, at Page 480 of the Public Records
of St. Lucie County, Florida. ~
~ereina~fer cu~~ t~e mortgagee: ~
(Wbcre~er ~ned bercia ehe urms "martsa~or~ ~ad "aortsa~ee" i~ci~de all ~e p~rtin to t?i~ irt~e~t a~d ds ?ein,
ksal rePreuauu~es aad a~ ss o~( iabriduah. a~d tie mcce~ors ~od brisn oI coryor~tioM: ad ~e ••~ote••
ialwles al! the wotes berei~ dnuibcd i( aae t6aa oee. )
\ ~`t~p~~ tha~ jor good and val~bl~ ro?,~~de.nt~o?~, ond also in coruiderution oj tl~e uggre- '
~ gate sum named in ttie promissory note oJ euen date henewit~, hlreinaJter d~~t6~d, t~e mortgogor here-
6y gronts, bargnins, se~~s, n~iens, ?emises, conveys and eon~irms unto the mortgagee n~~ i~ie cerlain ~anc~
o~ which f~e mortgagor is now seizec~ and in possession ailuate in St. Lueie Counqr. '
Florida. ~~iz:
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Lots 2 thru 6, Block 13, SAN LUCIE PLAZA, UNIT
~ ONE, according to the Plat thereof, as recorded
in plat Hook 5, Page S7, Public Records of St.
Lucie County, Flarida. . •
~ THIS IS A PURCHASE MONEY FIRST [+IORTGAGE.
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i; Provided that this mortgage is not in default, at the option of
' ~ the mortgaqor, lots shall be released fratn the lien of this ~t
~ ; mortgage, upon payment to the mortgagee of the swn of $975.00
; for each lot to be so Yeleased, said pavment to be applied to
the last installment of principal due.
j The propezty encumbered hereby shall be the sole security for
1 the obliqation secured bp this martgaqe, and, in the event of
any default of any of the terms hereof, it is hereby agreed
that the ~rtgaqors shall not be liablefor any deficfency 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 fozeclosure action.
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