HomeMy WebLinkAbout1897 ~'lon~Oo r"~ $T~24,313 ~ ~ RAMCO /ORM R<• ~
2636'74
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Fxecuted li~e ?.7th day oJ 14ny ~A~ A. D. 1973 6y
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JADA FARt~IS. NC. ~
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~ereina~fer ca~~ t~e mortgagor, fo ~ ~
G. ALffiRT Bir00OUlO~H APD G• SRNE9T BI~OO~W~ARTA, as Trustces under Trust Agzeement ~
dated July 23, 1957~ recorded in Deed Book 230, Pege 480 of the Public Recozds
of St. Lucie County, Florida.
tiereina~ter ca~~ec~ ftie ~ortgagee:
~ (WAere~:r u+cd hereiu the teras "mart~. aed ••~owtpaee" iaciude ali tAe ~trties to tru intrvsest aad J~e ?ein.
1e~s1 rcpresenatirea aad a~ws M i~v~ib~waad t?e wae~~n and su~~a of eo~poratiwr: ud t~e eer~ ••wee••
r iecludes all ~be aotes 6ersi~ de~cribed i( ~e owe.1
t
~ltn~e~~ tF~at (or good and unlua6~e annsiderations, ond aLo in consideralion o/ the uggre-
gate sum namecj in Ihe pmmissory note o~ even date herewit/e, l~ereinaf
ler detc?i~. t~e mo~tgagor hare-
by grants. 6argaina, salLs, nliena, rer?eues, conveys and con)irnu unto Il~e mortgagee all the certaln lnnd
~ o~ u.~hic~ f{~e mortgagor is rtow seized and in possession situafe in St • LuCi@ (,'o~ry.
~ Floreda, riz: ~
1 Lota 1 through 36, incius~ve, Block 63, SAN LUCIE PZAZA
~ UNIT ONE, according the the Plat thereof, as recorded in
Plat Book 5, page S'I, of the Public Records of St. Lucie'
County, Florida.
THI S I S A PURC~SE MOI~Y F I RST NORTGIAGE.
; Provided that this mortgage is 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 swn of $750.00
~ for each lot to be so released, said payment to be applied-to
~ the last installment of principal due. `
~
The propezty encumbered shall hereby be the sole security for the ~
obligation secured by thia mortgage, and, in the event of any defanlt
of any of the terms hereof, it is hereby agreed that the mortgagora
~ shall not be liable for any deficiency in the event said property is
aold at a foreclosure saZe for less thsn the balance then due on said
ob2igation and the costs of the foreclosure action.
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