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HomeMy WebLinkAbout0674 r YORTGAOE OEEO RAMCO FOAM RE6 ~ ~ lONO IOIIY ~ i i+ • ` ~ 269162 ~ i~ ~ f:xeru~e~ thP 26th dny oJ Noveaber A. D. t9 73 by 30S~cii i. i iw.iit~^~ ~TD. 3^~ ~Pnur~c .Tng[~F FFM7A~1~ J hi s wife Z ~ ~ , j ~ herei+~a~fer ~ alled t?~e mo?t~aflor, to ~ l " ~I WAYNE CONSTRUCTION COMPANY ~ {~erei~ta~ter calle~l the morlgagee~: ~ (Wl~eme~ YstS AtRiA ~he terms "mortsa~•• ani! ••mortRasee" iaclude aU t6e puties to tAis imwme~t aad ~he ~in. ~ ~ IeRa! reprexnutives and assi m o! iadividuah. aad t6e wcce~+.~n and asti~as oI corpwatio+u: aed ve term "wte" ~ ~ irrcludes all tbe owes berein ~ribed i[ more thaa oae.) } d ~ ~ ~~~~e~~ that Jor good and valua6le rnnSit~eratiorts, and also in consideration of the nggre- 4+ gnle sum named in Ihe promissory note o~ even dale ~er+ewith, ~ereina)te? desc?ibed, !tie mortgagor here- f~ 6y grants, bargains, sells, aliens, remises, conueys and conjirnu unto ~he mortgngee u~l the certnin land oJ u~h~~h f{~e morlc~aflor is notu seizec~ and in possession siluate in $t. Lueie County, ~ t'~oric~a. niz: - ~ ~ Lots 7, 8 and 9, Block 11, of INDIAN RIVER ESTATES, UNIT 2, as i recorded in Plat Book 10, Page 46, Public Records of St. Lucie I County, Florida. i ~i This is a second mortgage and is inferior to the first I' mortgage held by Citizens Federal Savings and Loan Association, recorded in O. R. Book 213, page 377-378, Public Records of St. Lucie County, Florida, which mortgage the mortgagors herein assume ~ and agree to pay. I! ~1 - In the event that the mortgaqors default in any payment or • ~ condition stipulated in any prior mortgage for a period of sixty ~ 1 days, or in the event of any default in a prior mortgage so as to ~ > cause such prior mortgage to be accelerated and become due and pay- able during the continuar~ce of this mortgage, then the entire sums secured by this mortgage shall become due and payable at the option ~ i: of the mortgagee. ~ , E The mortgagors covenant and agree to make all payments and ' ; i " perform all conditions and covenants called for i~ any prior mort- - ! ~ gages now incumbering the property, and in the event of default in ~ ! any such payment or payments, conditions or stipulations, the mort- ~ F i; gagee, without waiving the option to foreclose herein reserves the x ~ right to make such payments or perform such conditions or stipula- ; s tions, so as to maintain the prior mortgages and prevent a fore- ~ ~ closure hereof. Any and all such sums paid or expenses incurred on ` behalf of the mortgagor, toqether- with interest prPSCribed in the ii note underlying this mortqage, shall be added to the mortgage in- ` debtedness_and be secured by this mortgage. ° Y ~ Privileqe is reserved to prepay this note and mortgage in - whole or in part at anytime without notice and without penalty. F ~ ~ ~ ~ ~ ~ ` , ~ ~ ~ t ; _ ~ _ ~ Q~ t ~ j; 0~~~ _ ~ ~VS~ ~ ~ ~ ~ ~ F ~ ~ ~ i~ J., I r , ~ ~ ' rt~• r/J~ RECEryEp IN PAYM9IT Of TAXfS s WF ~ ' r• O J~~~1~,~ ~E on GASS ~C INiAM61W~ PE~ ~n• ' PURS11Af1T TO C?iMTER 71-134. ACfS 19/1. ~ ~ •~E? ~i ~ ~~~i q ot RO~ER PWTRIIS ~ o=s:. v i~ ti~~ C~EFi1I CIRW1T COURT, ST. WCiE CQ., F1A ~ z ~s~~ 1 ~ " O ~ ~ ~ ~i ~ ;i - r ~-p ~ ~ ~t~` ~ ~ _ _ . . _ - _ _ _ _ - - ~ .