HomeMy WebLinkAbout2166 I MORSOAOE OEEO RAMCO ~OAM REd
, ~ ~oNO ro~M
~ ~ 2~9Q~4
; - .
~ / ~
,
,
~
1
, l:Xerut~ ihP - 9th ~lay oJ August A. D. ~9 74 6y J
RAYMOND CHAPMAN, JR. and CLARA CHAPMAN, his wife
hereina~ler cn~~ec~ t{~e morfgagor, fo
JOHN S. McKIBBIN, JR. and REBA SUE McKIBBIN, his wife .
IIPlPi1lQJter called the mortgagee:
(HAcrever uud 6ereia the term~ "mortRaSa•• =n~ ••~tsasee" ixlude aU Jm puties to ~h's iastruse~t aad t?r Aein.
IeRa) reprexnuti.ea aed assi6m of indi~~idusla. aad tAe wtcesti~ra and aatiS~s ot corPa=tioas: ud l?e urm "wte••
includes all tAe notes hr~ja_ deunbed if mwe tAae oae.)
~I ~LtnQ~e~~ that Jor gooc~ and valuable c~onsideratioris, and nlso in consideration of !he aggre- ;
gate surn naniec~ in I~e ~mmissory note o! euen dafe herewilh, hereina)ter clescribec~, i~e mortgagor here?- i
~ 6y gra?its, baryains, sells, aliens, remises. conveys and conf irms unto il~e mortgagee all fhe certain land
o~ whicti fhe morfgagor is now seized and in possession siluate in St. Lucie County,
~ Floric~a. riz:
~ Lot 11 and the South 30 feet of Lot 13, Block A, MARAVILLA
~ TERRACE, as per plat thereof on file in Plat Book 5, Page 50,
~ of the Public REcords of St. Lucie County, Florida.
This is a second mortgage and is inferior to the first
~ mortgage held by CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION ~
; OF ST. LUCIE COUNTY, FLORIDA, recorded in O. R. Book 230, page 921-
~ 922, Public Records of St. Lucie County, Florida, which mortgage J'
; the mortgagors herein assume and agree to pay.
In the event that the mortgagors default in any payment or
condition stipulated in any prior mortgaqe 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 mortqage, then the entire sums
; secured by this mortgage shall become due and payable at the option
of the mortgagee.
~
~ The mortgagors covenant and agree to make all payments and
! perform all conditions and covenants called for in any prior mort-
~ ~ gages now incumbering the property, and in the event of default in
~i any such payment or payments, conditions or stipulations, the mort-
t gagee, without waiving the option to foreclose herein reserves the
right to make such payments or perform such conditions or stipula-
tions, so as to maintain 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.
~
i! .
E~
,3
~ ~ y" ~ ~n~
~ I~ ~
~
a,,u ~l
~
~TS a~ ~yn. nZ (
~ ?i ~ttsu""t t° P0s'N.~~. oo., f~.i?.
~ c?~u~t oou~a. ~
~ -
.'~D ~
~ . , ~R ~r,~_r ~ b
E sjl~M~' ~
S-T AT~'p,py: 6 5
- oo~
{EVEY~~ ~i~ _ p A. j
~ s ~ ~f K :t=:r~•-. •F. j_.
t" ~ J ~ J~ i ~,t; \ T i
ri~'~...' t d? I c
- at_ ~ P8- -
~ < ~ N 2
° a oK ~O PACE Z~6J
; ;
;
II
- - _ _
~
~ ~
~ . - = _ _ ~