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HomeMy WebLinkAbout0792 • ~ rORTOAO[ O~[O R, MCDONALD, ~R. A~lO~My ~ RAMCO r011M R~• ~ow~ ~o~w $yq~ ZQQ GtI2M~ F~ql 6uild+nj ~ss543 ~ ~ ~ . ~ ~ ~ F.~e~u~ed etie y v day ol November A. D. ~9 74 by ~ ANN OSENTON, a:sinqle adult 1 ~ hereina~ier called tl~e mortgagor. !0 1 i ~ f PATRICK J. WILLIAMS and PALMA WILLIAMS, his wife ~ _ f ~ereisw(tar called Ihe mortgagee: ~ (wfe~s.er .+.d rerei. Ae ~a.. a~d •~~ort~aRee•, ;.clude au ~Le p.r~i.s ee ilir i..a.~eat a.~ tl.~ ~e:.t ~ k~l rep.e+eanaves a~d ot a~d tle ~ucceaas w! ~risY et oapx~li~: aad eb ~ ~ iacirdes aB t3e ~otea ~c*ei~~• it awre owe.) ~~I~~~~~ ti~at jw good and valuable rnnaid~ations. and also in c~oruideration o/ t1u apgn- gate sunt namec~ in Ihe promissory nofe o~ euen date henewitl~, hereinalte? descri~. t~e niortgngor he?e- by grnnta. bargatns. sells, .a~tens. ?~eenises. conveys and oon~irnu uAto I~e mortgagee au the c~er[6in land o! w~ic~ t1~e morlgagor is nou~ seizec~ and in pos+ession sifuate ' in St . Lucie Co~~. Florida, vlz: Lot 19, alock 255, PORT ST. LUCIE, SECTION 6, according to the plat thereof on file as recorded in Plat Book 12, Page 360, Public Records of St. Lucie County, Florida. This is a second mortgaqe and is inferior to the first mortqage held by CITiZENS FEDERAL SAVINGS AND LOAN ASSOCIATTON . ~j OF ST: LQCIE COUNTY, recorded in 0. R. Book 233, page 1912- ~ 1913, Public Records of St. Lucie County, Florida, which mortqage ~I the mortgagors herein assume and agree~to pay. ~ ~ In the event that the mortqagors default in any payment or ' condition stipulated in any prior mortqaqe for a period of sixty days, or in the event of any default in a prior mortgage so as to cause such prior mortgaqe to be accelerated and become due and pay able durinq the.continuance of this mortgage, then the entire sums secured by this mortgage shall become due and payable at the optio of the mortgagee. f. i 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 any~such payment or payments, conditions or stipulations, the mort 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 o behalf of the mortgaqor, together with interest prescribed in the note underlying this mortgage, shall be added to the mortgage in- debtedness and be secured by this mortqage. . Privilege is reserved to prepay this.note and mortgage in whole or in part at anytime without notice and without penalty. . . . . ~ ~ IN PAYMENT Of ~ - ~F ~ C~t~#DA;. 01~ ON CI11iS3'C IN?Ml6tW.E PE:SOtW. P(~OPERtY. ° STAT~ pu~s+wrt ~o cwirr~ n-i~+. ~crs oF i9n. ~ ~ ~ta~+~ ~A x i- 17~ ~ pOCUMEN~'aRY~•~..: por~ romus ~Z bE~T- Pf REYEti~ _ ~ ~ ~ ~ ~ - (~p~( ~pp~IT OOIIiCf. $T. LIICtE O0, FlA ~r ~ .V 1~~~ - ~ ~ ~ = ~ {y~t'~~+~ t - Ij~~ ~ . M ~ ~x. '~T ~ M - I I Ife2 . . . . p . , . ~ . . _ . ~ ~v ~ ~i Aiii~~~ ~ ~ ~~a ~ a . ~ _ ~ ~ 3'.'XV'. 9-Y t^5i`'~F „ ~.'+s.ai~-•c.x ~ ~ v~ ~ ~ . _ ~ ~s _ .