HomeMy WebLinkAbout0308 YORTOA6E OEEO ~
_ + ?oHG ~oqY ~ ~nsltwn~M Was Prepared RAMCO FONM RE6
C. R. MeDONALD~ JR., Attstew
I' ~'iilh~et Fsd~r~) SuiWin9 ~1?'y~~ J~
H. Pi~ro~, Flo~id• 33350 ~r ~
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1:.~~~~t~d ~h~> 4th Januar 74 t
.Ipy oJ Y A. n. to by ~
DANIEL R. DARNELL and MARY V. DARNELL, his wife, ;
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~j /ipr~ina/fer cn11c•d ti~~ morfgat~or, to
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` OONALD J. WILLEMS and JOAN C. WILLEMS,~his wife,
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~ I, ~iereinaJi~r called th~ mortgngee;
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(\\he~r~er wed herein the terms '•mortRa[or" ~Od "mortR~R~e" iorlu~+e atl [Ae puties to tAn imtrument aod tAe ~ein.
~ kral rcpre.en~ati~n tnd assi~ns o( ipdiciduals, aad the succew~n and assi[ns o( torporauom; and t6e te?m ~note"
includrs atl the aotn 6e¦ein described i! ma.rt than unt.)
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~~tnesseth~ fhnt jo~ good and i~al~iablp consideratio?es, and also in consideration o) the aggre-
i; c~at~ sr~m Rali7P~ in !~e promessory ~~olp o~ ei~en clole hereu~itF~, hereina~fer crescribec,, I~e morfgagor here-
by granis, hart~ains, sPlls, aliens, remises, coni~eys a~d conJirnis unto !he mortgngee a~~ the cprtnin Iand ~
i: o~ whic{i fhe morlgnf~or is now seizec~ anc~ in possession sifunte in $t. Lueie Counly,
F~orit~a ~~iz: -
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~ Lot 17, Block 149, LAKEWOOD PARK, UNIT #lI, said
Subdivision being comprised of the Northwest 1/4,
Section 12, Township 34 South, Range 39 ~ast, as
t~ recorded in Plat Book 11, Page 32D of the Public
i~ 8eco~rds of St. Lucie County, Florida.
. This is a second mortgage and is inferior to the first mortgaq~ '
held by Citizens Federal~Sav.~ngs and Loan Association of St. Lucie
County, Florida, recordeci in O.R. Book 211, page 95, of the Public
~ Records of St. Lucit County, Florida, which mortqage the mortgagors,
~~herein assume and agree to pay.
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, In the event that the mortgagors default in any payment or con-
~~dition sti.pulated in any prior mortgage for a period of sixty days,
~ ~~or in the event of any defa•slt in a prior mortgage so as to cause
;lsuch prior mortgage to be accelerated ahd become due and payable dur-
"'ing the continuance of this mortgage, then the entire sums secured
~~by this mortgage shall become due and payab2e at the option of the
mortgagee.
i; The mortgagors covenant and agree to make all payments and per-
:'form all conditions and covenants called for in any prior mortgages
;~now incumbering the ~roperty, and in the event of default in any such
;lpayment or payments, conditions or stipulations, the mortgagee, with-
(~out waiving the option to foreclose herein reserves the right to make
;~such payments or perform such conditions or stipulations, so as to
iEmaintain the prior mortgages and prevent a foreclosure hereof. Any
~ and all s4ch suins paid or expenses incurred on behalf of the mortgaqo
;;together with interest prescribed in the note underlying this mort-
~?gage, shall be added to .the mortgage indebtedness and be secured by
~fthis mortgage.
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I~ Privilege is reserved to prepay this note and mortgage in whole
~ior in part at anytime without notice and without penalty.
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