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HomeMy WebLinkAbout2643 I YOATOAOE DEEO RAMCO rOwM RE6 ~ ~owa ro~w , , z~~,~o~ . ~ ~ ~ ~ I~ t:xp~•u~Ml ih~ 14 ~h d~y oJ January A. D. ~9 7 4 by ' I I' LAMAR DONALDSON and CARRIE DONALDSON, his wife I~erni~~nfter calle~I tl~e morfga{~or, !o II ' I~ ISAIAH LUCAS and HELEN M. LUCAS, his wife F ~ ~ ; I~ereinnJtvr c~llPd Ihe mort{~a~i~e: . ~ I~ IN'herc~~er uud htrcin tht terms "mwlRaSw" aac~ "max~[a~et" iklude all tAe putiea to tlw imtrumtet ssd lAt 6ein. ~ kRal repreunut~~es and auiRns u( iadi~idwks. aod the wcce+wKS and uv[us o( cotporatiom: aad tbe term ••oote•• I ircludes all the nutes herein describtd it more than one.) ~ ~ i~ ~~~Q~e~~ Il~at Jor good and valua6le consideralions, and also in consideralion o) the aggre- gate sum named in i6e promissory note of even date herewith, hereina(ter descri6ed, t1~e mortgagor I~ere- by grants, barf~ains, sells, aliens, remises, conueys ancr confirms unto t1~e mortgagee nll IF~e certain land o~ w{~ich I~e mortgagor is now seize~ ancr in possession sihiate in $t. Lueie Counly, _ f'~ori~a. viz: J : East 41 feet of Lot 18, and the West 5 feet of Lot 19, Block 2, (f of SUNRISE PARK NO. 1 SUBDIVISION, as per plat thereof recorded !f in Plat Book 8, Page 42, of the Public Records of St. Lucie ~ounty, , Florida. ~R ~ k`~ This is a second mortgage and is inferior to the first If mortgage l~eld by SECURITY FEDERAL SAVINGS & LOAN ASSOCIATION OF INDIAN RIVER COUNTY, recorded in O. R. Book 222, page 629, Public Re cc~rds of St. Lucie County, which mortgage the mortgagors herein as~ume and agree to pay. In the event that the mortgagors default in any payment or condition stipulated in any prior mortgage for a period of sixty , days, or in the event of any default in a p~ior 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 ; of the mortgagee. ~ i! ; ~ The mortgagors covenant and agree to make all payments and : ~ perform all conditions and covenants called for in any prior mort- ~ f 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 ~ 3 ; right to make such payments or perform such conditions or stipula- _ ~ tions, so as to maix~tain the prior mortgages 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 secured by this mortgage. ~ ~ Privilege is reserved to prepay this note and mortgage in ~ ' whole or in part at anytime without notice and without penalty. ~ ~ ~ ~ ~ ~ , ~`1 RECEIYED = C~ IN PAYMENT Oi TAXd , . . . . . DiJE ON C!.ASS 'C' INTAN6181E PE39~tVAl rRQ?ER11~ PURSIlANT TO CFIAPTEN 71•134, AC1S Of 19IL - ROGfR PORRIIS c' STAT E~~ F L O F? 1 c~wc ci~anr cau~. n. wc~ ao~ ~ - DO:t1MENTARY ~`=,:~STAMF Tl.a ~ G~ ~ c~ " oEe Uf e?EVEHUE ~:r:~ i:i ~ e~i N = PB. - '~R" ~ E•~~ ! ~ ~ 0 4. 5 0 ~ _ ~ _ ~~l i 0 >:q _ . . Y~: . . . . ; 0 R p!; c oC01t (4 , ~ . ' : ~ .r _ -