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Home My WebLink About0394 ( LVNO ~vw~ ~^^0~ ~ ~ ~~y f) i . ~ _ • / . Fxeculed the 18th day o1 September A. D. io74 by ~ t ~ Fred Witte and Faye Witte~ his wife ~ hereinu~ler called the mo?lgagor, to ~ ~ John H. Riggle, Jr. and Marie A. Y. Riggle~ his wife hereina(ter callec( the mo~lgngee: ' ~ (W6ere~Y~ uxd 6enie t4s terms "mortsa~o~~ asd "mo?tRaaee" iacludr aU Je parlies to ~i's ieuru~e~t aad the ?e~n. ksal rcprexnud~e~ and an~m of i~diriduab aed tAc wncmrs asd miS~+ a~d tie tero '•wte•• iariudes a0 ~Ae no~n 6enia drscribed il mote t4a~ oec.) ~~tn~~~ 1F~at f or good and valuable c~onsideratioru, nnd also in considerotion oj the aggre- gnte sum named in Ihe promisiory note o( even date 1?erewit~, hereinnjter desc?t6ed, tl~e mortgagor 1~ere- ; 6y gmnls, bargains, selLs, aliens, remises, eonveys ancl eonftrms unto the mortgagee alI Ihe csrtatn lnnd o( which tlee mortgagor u now seized and in possession sittwte in St . Lueie Couner. • ~ Florida. viz: I _ - ~ Lot 1, Block 5, Orange Blossom Estates-Second Addition, as per plat ~ thereof on file in Plat Book 14, page 2,-Public Records of St. Lucie ~ County, Florida. ! ~fs ~ iN M1fMF~lf OF TAI~S ' : or a~ss ~ an~ ~a~ r+~~r, ; to cw~ n.~, ~-~s is~~. d~ ~ y ~ ~~~y~~/~/? ~ ~ Y~M Q. MIU~i v1~1 ~ _ 4 I THIS IS A SECOND PURCNASE MONEY MORTGAGE. And is inferior to ~ ~ the First Mortgage with First Federal Savings and Loan Asso~iation 3 ' of Ft. Pierce, dated July 17, 1973, and recorded in 0. R.~Book i~ 216, at Page 2643, of.the Public Records of St. Lucie County, ~ i~ Florida, in the original principal amount of $36,100.00, which the Mortgagors herein has assumed and agreed to pay. fl In the event that the Mortgagors default in ar.y payment or con- dition stipulated in any prior mortgage 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 payable during the continuance of this mortgage, then the ~ entire sums secured by this mortgage shail become due and payable ~ ~ at the option of the Mortgagee. ! . ~ The Mortgagor convenants and agrees to make all payments and per- ~ I! form all conditions and convenants called for in any prior mort- gages now incumbering the property, and in the event of default • in any such payment or payments, conditions, or stipulations, the Mortgagee, without waiving the option to foreclose, herein re- serves the right to make such payments, or perform such condi- tions or stipulations, so as to maintain the prior mortgages I; and prevent a foreclosure thereof. Any and all such sums paid or expenses incurred on behalf of the Mortgagor, together with in- ~ terest thereon from the date of payment at the rate of interest ~ prescribed in the note underlying this mortgage, shall be added to the mortgage indebtedness and be secured by this mortgage. ~ { Mortgagors' Default in the payment,~terms or conditions of either 4! of the notes secured by this mortgage shall at the option of the ~ ~ Mortgagee, accelerate the payment of the entire sums due and ~ payable therein on both notes. ~ ~ ~ ~ ~ The Mortgagors shall not convey the property mortgaged herein without the consent of the Mortgagee and the assumption by ~ the new owner of Che unpaid balance of the Mortgage Deed and ~ I`:, in the event transfer or conveyance is made without consent and ~ 'j assumption in due form, then the unpaid balance of this Mortgage ~ may be accelerated without notice by the Mortgagee and the ~ Mortgagee may declare the entire debt due and payable. ~I ~ - ~ 80011 ~JI~ ~CE ~ _ ~ ~ --r - ~ ~ x, - ; ~ - ~ ry - W - . .~A