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F..Y~ui~d ii~~ 3rd doy oJ January A. n. t974 by
CHARLES J. DEAKINS and GLADYS J. DEAKINS, his wife,
+ hereinajter cnI(ecI tF~e mortgaflor, fo CHANDLER EQUIPMENT CO. ~ INC. ~ a.FlOridB
i+ corporation,
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1~ereina(Ie~ called tl~e morlgagee: 507 SOUth 33rd Street, FOY't Pierce, F10]['ida 334 0
mo
~ lWhemrr used 6ercin ~Ae terms •:morts ant! "mortsasee" iotlude dl tht partia to ~1is ia+wseet a~d the Lein,
kasl rcprexnuti~h aad aoi m of is~r wb, and ~Ae w~ae~.xs aad aatisu ol torpo~atiom: a~d ebe u+m
include+ dl Ue notes Sereia ~ if more tAaa we.l
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~ ~~~1~[~le~~ tl~at (or good and valua6le considerations, and also in consideration o/ Ihe aggre-
( gnte sum named in !he promissory ~ote oJ even date herewith, hereinajte~ descri6ed, t1~e mortgagor bere-
by grunts, 6argains, sells, aliens, remises, conueys and conJirms unto tbe mortgagee aU the certain land
~ oj w{~ich the mortgagor is now seizec~ and i~ possession silua(e in St. Lucie Courtty.
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' Commencing at the Northwest corner of the SW 1/4
of the SE 1/4 of Section 8, Township .35 South,
~ Range 40 East; thence run South o°10'34" East along
the quarter section line 240 feet to a point; thence
run North 89°55'26" East 30 feet to a point of
beginning; thence run South 0°10'34" East 180 feet
'j to a point, s~id point being the Northwest corner of
j the South 3~8.22 feet of Block 2, WYLDWOOD TERRACE,
; as per plat thereof on file in Plat Book 12, at page
i 44, of the public records of St. Lucie County, Florida;
~ thence run North 89°55'26" East along the Northerly
boundary line of the South 398.22 feet of said Block
2, 180 feet to a point; thence run North 0°10 r34" West
along the Westerly boundary line of the North 390 feet
of said Block 2, 180 feet to a point; thence run Soutn
' 89°55'26" West 180 feet to the Point of Beginning.
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THIS IS A SECOND PURCHASE MONEY MORTGAGE junior and
{ inferior only to that certain first mortgage by
~ mortgagors to the Sun Bank of Fort Pierce, which
i first mortgage is recor_ded in O.R. Book ,
; at page ~3~ ~ of the public records of St. Lucie
County, F ori a..
i i In the event of default under the above-referenced first
; mortgage, the mortgagee hereunder shall have the right
to make payments to the first mortgage, and an additionaZ
right to declare the second mortgage in default, intend-
ing that any default under the first mortgage shall be
an automatic default under the second mortgage, all of
( which rights shall be cumulative. ~
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STATE ~F FLORlDA ~
U IN MYUENT Of ~g ~ D~CUMENjARY~~~ ;~STAMP `l'_~ I
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~ p~ ~?$g y", R1TMi01YlF PERSOIWl. rl~~nr °c UEP?. af P.EYENU'E E:'` > i
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