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rp11TOA0[ O[[O ~ RAMGO RORM R[•
lONO ~OAM
2~~~•~1 .
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Ex~u~ed ~h~ 15th day aj Janttar~ A. D. t9 75 by
J0~ NORY~ 3r. and GhORaL IVOR7C, his Nlfe
hereinaJter cnlled tl~e mo?tgagor, !o R.L.SOEOL
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hereinafter ca~~ fhe mortgagee:
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(WAercver u~ed hcrcin t6e urms ' mort~a~o~ aed "~~R~' iaclude all the parties a t\'r inw~e~t ~sd tle ?cin~
{esal repre+enuti~a aad ar~~as ~d~ ~i~' 'duab, aod t`e acce~«s ~ad a~siRS+ d ca~p~~~~: ud t?e te~ 'wte'
iocludes all tAe ootd 6rrei~ de~tnbed i( mo~e tlra oae.)
~ ~~tn~~~ that Jor good and ~n1~61~ c~onsiderations, and also in consideration of the aggre-
gnte sum namec~ in ihe promisso?y note oj euen dnte herewit~, hereinaJter des~6ed. t/~e mortgagor here-
I 6y 9.aRts, bargains, sells, aliens, remises, conveys and conjirms unto !h mortg ee nl! the certain land
` Sti Luc~i Co~e
of w{~ich ftie morfgagor is now seized and in possession silunfe in
~I Floridn, viz:
i Par~el ~IEl~ I.~t 6•f Hlock "L" ALAI~A~D~ VISTA 3UBDIVi8I0IT
~ acc~rding t• the Plat ther~~! as rec~rd~d in Plat B~~l~ 5 at
I pa6o ~9 •f the Publio 8eo~rds St. Lucie C~unt~ !'].~rida
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THI3 IS A FIRS? l~IOR?aAaS.
?he entir• unpaid prin~ipal balance and acarued interest ~hall
acc~lerat~ gad b~c~t~ due aad payabD• up~n the transfer, s41e,
¦ort~e ~r •thervi~e c~n~e~ance •f the pre~i~ea and pr~pert~
c~ver~d b~ thi• a~rtga6~.
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Parc~l ~2s I.~ta 7, 8, 17 and 18 B1~oY AL~AM~ND~ VIS~~
Subdi~lai~n acc~raing t• th~ Plat ther~~t as ree~rd~d ia Plat
ki~; Baet 5 at page 49 ~i the Publio Rec~rao •f St. Lncie C~unt~,
lri~rida, t~g~thsr rith the buildin~a and impr~~s~~nta situa~tt
1~ th~re~a aad th~ ll~rniture, lurni~hings and equip~ent o~ntained
: therein.
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~ s ?HIS TS A ShCOND I~IORTaAaE.
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~ Ia the e~~nt the first ¦~rtgage payment~ sre delinquent ~r ia arrs rs,
- ° th~ •eo~nd aortga6ep ~s~, at said sption, ~saYe th~ firat ~~rtg46e
~ pay~eats, and im~ediat~l~ declare the entire uapaid b~laace due an
~pa~able en this sec~nd ~~rtsa6~. In the ev~nt the firet ~ort6age
~,~,ti~,~ i~ inerea~ed ~r a~~nded, the •eo~nd ¦ortga6e sad the ind~bt~dnea~
~~;:;-1~~ •eenred hsreb~ oh~all beo~se aue. ~na :.a~able at ~nce. ?he eatire
].r• t..
unpaQd prineipal balaace and acerued interest s2~a11 accel~rite anc]
becmme dne and papable upon the tran~~er, ~al~, ~ortg~ge or •ther-
= wiae con~e~ance •f the pre~i~ea and property c~vered b~ thi•
y~~ ~ertgag~. T• lurth~r seonr• unt• the ~ortaa~Ce• the psyment ~f the
1s~;;;it af~ressid n~te arrd the perf~rmanc• b~ the ~~rtgag~rs •f all their
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_ a= pr~oises and e~~enants, Der~ia ~ade, th~ m~rtgagers ha~e and d•
he eb~ transfer, saeign and •et. ~~er unt• Lhs e~rt6agee all th~
" rents. inee~e and pr~fito nawand her~after ~ertainEng or ari~ing
~ % t E ~ fro~ ~aid pr~p~rtT Mith full p~nrer and right nnt~ the ~~rt~agee
;.4 t• ree~i~e and e~llect the ets~, pr~vided, h~Mever that l~ng
~ aa the ~~rt6ag~ra shalll faithtull~ p~rf~rv and k~ep each aad e~er
~ ~f their pr~~ises and.a~~~nanta set l~rth in ~~id n~te and eet f~r
. in all •ther p~rti~n~ •f thia v~rt6a6e and auff~r n~ default in
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connection there~rith, the ~~rtgagee olzall all~xthe t~rtga6ors t•
~ , c~ll~ot and rec~i~e the sae~.
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O IN PAYMEtn Of 1lU(Es
R~CENED 5--~ na~ PRO~Rn~
p,, r•~ .tSS 'C' IYTANGIBI.E Pf~ l
- pUFSIWa( t0 ChAPtER 71-134. M61S OF 19TL~ !
PoRw~ ~
CIERK CIRG117 GOU~T. ST. I~IE ~0.. ~ `
6oflK 2~35 PALf 1444
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