HomeMy WebLinkAbout1752 I MORTDAOt pEEO ~s1S~~ ST~2S ~ i6S RAMCO RORM R[6
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F.xecuted tfie ~ 12th ~Qy o/,~' ."•.~.~:;uGt A. D. 1973 6y ~
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RosN.zB H. ~°~c~?
hereii~a~ler calle~I f{~e mortgagor, fo
~ G. ALBBRT ELOODHORTH and G. BRNBST BLOODWORTH. as Trusteea under Trust Agreemcnt
~ dated July 23, 1957, recorded in Deed Book 230, at Page 480 of the Public Recosds
of~St. Lucie County, Florida.
hereina(ter called fhe_mo~lgagee:
(WAemer used 6ereia ~be nims ••mor~a~oi• aed •~mwtaasee" iaclude all the putia to t?» imwse~t aad t6e 6ein,
esso
kRal reprnenua~ea and aa+i¢m ot iediriduah. aad tAe wccesson aad a+sidm o! ca~poratio~s: aad tbt term •~aot~••
irrluda a!! tbr nwcs hcreis de~cribed it more tlua owa) -
~jt~s~~ thcet f
or good and valuable consideratioru, and also in consideration oJ t6e aggre-
gate sum namec~ in the promisso?y note oJ even dnte herewith, hereina(ter desc?f~, tf~e mo~lgagor here-
6y granls, bdrgains, se~~s, n~iens, remises, conveys antl con~irnu unio tl~e mortgagee a~~ the certain land
o~ w{~ich ftie mortgagor is now seized and in possession situnfe in St. Lueie County.
~ Florida, viz:
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~ Lots 15, 16, Z7, 18, 19 6 20, Block 13, of SAN LDCIE PLAZA,
UNIT ONE, a Subdiviiion according to the Plat thereof, es
recorded in Plat Book 5, page 57 of the Public Records of
St. Lucie Couaty, Florida.
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THIS IS A PURCEIASE MDNEY FIRST MORTGAGE. ~
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. P~ovided that this mortgage ie not in default, at the option
~ of the aortgagoz, lote shall be released froa the lien of this -
` i mortgage, upon paysent to the mortgagee of the su~ of $975.00 `
! for each lot to be so releaeed, eaid paqment to be applied to
the 2aat instellmeat of principal due.
The ro er enc~bered hereb ehall be the sole securit for the
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` obligation secured by this mortgage, and, in the event of any default
of any of the terees hereof, it ia hereby agreed that the mortgagors
~ shall not be liable for any deficieney in the event said property is
! eold at a foreclosure sale for less than the balance then due on said
I obligation and the costs of the foreclosure actioa.
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