HomeMy WebLinkAbout2401 I; NORTOAOE OEQO ~ ~
i ~oNO~/Of~M C, R, ~I~DONA(D~ JR~ A~fO« RAMCO FOI~M RE6
i $Yil~ ~ Ct~12Mls F~df1~ ~III~
r 'e°° ti°"~ 2'70447
l; ~ ~ ~~a. r~a. s~~o ~
I;
1
~
fixPCi~t~l ~h~ 12th day o/ ~ December A. D. 19 73 6y
,
BERTHA LOUISE MCCLENDON
~ ~~ereina~fPr i•allptl fl~e mo~fgaflor, fo
r ' ZONA ELEINGTON SALSMAN ~
; ~
~i •
(I ~IPM!?1(1JIP~ C(II~PfI IhP R10fIgq(]PP:
I~ IN'Aerc~er uxd 6erein ~he terms "mortRaROr" an~+ "mwtta~ee" iaclude all t6t partits to tAit imttumcat and lhe lein,
Ireal repre+e~atives a~d assiR~s o( indi~iduals. and t6e wneav.rs and utiRas o( corpotatiom: aad t6t ttrm "oote"
~ inrludn all the notes 6erein described it mwe tAaa ooe.)
i I
~~tncs~eth~ that Jor good an~ nalua6~e consideralions, and also in consideration of the aggre-
1:
~ gate sum named in Ihe promissory note o) even date herewitF~, hereinnfler described, tl~e mortgagor here-
6y c~ra~~Is, bargains, sells, aliens, remises, con~~eys and confirnis unto the moNgagee all il~e cerlain Iand
oJ u~hic{~ 1{~e mort~apor is noeu SPIZP~ anc~ in possession sifuate in $t . Lueie County.
i;
Florit~a. niz:
~j
i; The South 43.49 of Lot 4 and the North 23.51 feet of Lot 5,
; Palm Haven Subdivision, Unit ~1, according to the Plat thereof
' on file in Plat Book 5, Page 51, of the Public Records of St.
1 Lucie County, Florida.
{
~ This is a s~cond mortgage and is inferior to the first
mortgage held by Citizens Federal Savings and Loan Association
i~ of St. Lucie County, recorded in O. R. Book 193, page 1559,
; Public Records of S±= Lucie County, which mortgage the mortgagors ~
; herein assume and agree to pay. ~
; .
in the event that the mortgagors default in any payment or
~~ondition stipulated in any prior mortgage for a period of sixty
` 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 continuance of this mortgage, then the entire sums
~ secured by this mortgage shall become due and payable at the option
f of the mortgagee.
;
~
i ~ The mortgagors covenant and agree to make all payments and
f perform aZI conditions and covenants called for in 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- '
~ ; gagee, without waiving the option to foreclose herein reserves the
e , right to make such payments or perform such conditions or stipula-
~ , tions, so as to maintain the prior mor~=~zges and prevent a fore- ?
~ closure hereof. Any and all such sums paid or expenses incurred on
~ ; behalf of the mortgagor, together with interest prescribed in the
~ note underlying this mortgage, shall be added to the mortgage in-
~ debtedness and be secu~ed by this mortgage.
~
~ ?
~ Privilege is reserved to prepay this note and mortgage in
.
~ whole or in part at anytime without notice and without penalty.
~ . _
~ :
~
~
5' ~
, ~ • ~ IN PAYIAENT ~ t11XE~
~ pEASt~~~'l P°.d' ERI~. ~
pdE ON Cr~ ~~N R 71-13~1. ~S ~ lyl1. ~Jl ~ a
~R~IT TO ~
~pp11 00, ~
CIltC~1?i ~
~ ~
~ •
~r
~ " ~~R~ ~~.2401
.
(1~
~
~~n .