HomeMy WebLinkAbout0690 YORTOAOE OEEO ~ ~
~ lOM6 IORM OR Tl~ BAIANGB DI~ ~ON MATIRITY I3 G~/ , f 11AMC0 ~ORM RE6
; TOGETI~t WITH ACCRI~D II~ITSREBT, IF A~iY ~ AI~L AD-
~ VAN~NTS MAD$ BY Tf~ 1~JRTGAGES l~IDi~ ~I$ TER1rL9 OF THI3 MORTGAGE.
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2'7 356 .
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EXPfUI~ ~~P lst day o~ July A. D. i9 ?3 6y "
ROBEKT $t~GII~iS HALI,, JR. , and ~tS~iDiA SMART HALL, hie Wife,
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Itereinajler callecl flie morfgagor, to =
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I MICHASL IWAPCZUK, a~k~e MIKC IWANCZUK and I~CHAEL IWANCZUK
I hereinaJter calletl IJ~e mortgay~:
I (W6tre~er LLstd IKKi!! t6e ternu ''matsasa" and "mwtiasel~~ inrlude all tAe puties w t!W inswmewt and t?e ?rin, 1
~ le~al reprexnutivn snd assiRm o( iudiriduah. and the wnc~+.rs and aoitm o( corporatio~s: and tAe u~a "~ot~•• ~
~ include+ all tb~ nutes 6ereis dexriEed i( more tAan o~.) t
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~i ~~tnesseth~ ~ gooe~ and valua6le consi~erations, ane~ a~.so In consideration o) the aggre- ~
I Ihat or ~
~ gafe stim namec~ in If~e promissory note o~ ea~en dafe {eeretvifh, hpreinnjter tlescri6etl, t~e morlgagor ~ere-
~ 6y gra?~ts, bar{~ains, sells, aliens, remises, conueys anc~ conf irms unlo the mortgagee all tF~e cerfain jantl
~ o~ u~~ic{~ fhe mo?tgaflor is now seizea a~cr in possession situale in $t. Lueie Cou~fq.
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~ "~O~tt~A. I~t2:
r The South Helf of I,ot l~ and sll of Lot 15, Hlock 6, FIARII~NA PARK SUBDMSION,
~ as recorded in P],.at Book 2, Page 7, of the Public Records of St. Lucie County,
I Floriaa.
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TFQS IS A SECOND I~tTC~AGE and i.s inferior to the Yirst mortgage held by i~ited
~ First Mprtgage Corporation of San Diego, Celifornia, which mortgage the mort- €
„ gagors herein assum~e end a~ee to pa~y. }
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In the event that the mortgagors default in aqy payment or condition stipuleted ;
in ar~y prior mortgage for a period of sixty d,eys, or in the event of aqy deYault ;
~ in a prior mortgege so as to cause such p~ior mortgage to be accelerated and ~
become due and payable during the"continuance of thie mortgage, then the entire ~
swns secured by this mortgage sha11 become dwe and payable at the option of
; ~i the mort,gagee. ~
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~ i~ The mortgagors covenant and.agree to make all peyments end perform a11 condi- ~
i ;F tions end covenants called for in aqy prior mortgages now inc~bering the ~
~ ~i~ praperty, and in the event of default in aqy such payment or payments, condi- ~
~ I~ tions or stipulations, the mortgagee, without Waiving the option to foreclose
~ ~4 herein reservec the right to make such pa~ments or perform such conditions q
~ or stipult~tions, so as to maiintein the prior aartgages and p~event e fore- `
~ closure hereof. Any and all such s~?e psid or eacpenses fric~red on behalf ~
!i of the mortgagor, together with interest prescribed in the note uncLerlyiug ;
~ ! this mortgage shall be added to the mortgage indebtedness and be secu~red by J
~ this mortgage. _ ;
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~ ; Privilege is reserved to prepay this note and mortgage in ~+hole or in part _
~ at a~r tiae without notice and Without penalty. 4
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~ aoo~ 222 ~?cE 690 :
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