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HomeMy WebLinkAbout1359 ( ~oRTawa~ ocao ' ~ ~o?.~ ~owr ~ / RAMCO rO1tM I~te ~ J ? 30~4~'3 i ~ ~ { ~ ~ ~ 3 i~ ; ~ ~ ~ ~ Ex~u~~l ~hP 14th day oJ February A. D. ~975 6y ' JAMES M. DOLAN and PEGGY DOLAN, his wife R ~ , hereina~te~ called the mortgapor, fo L ~ ~ ~ ° JEFFRY WILLIAM ANDERSON and CONSTANCE ANN ANDERSON, his wife ~ t ! hereinajfer call~ t~e mortgagee: ~ I ~ IW6en~er u+ed 6enis tAe terms ••mortss~? a~ •~oort`aSee" i~clude all tAe p~rtia to ~lia iutrwme~t aad ~Le Aein. ~ kRal reprernativea aod an~~m d i~ridwb. aad tAe wccessnra aad aeisn d car~oratior; a~d t?e urs •rwt~•~ 1 includcs all tA~ notn berei~ deacribed i( aore t?a~ oae.) ~~~~Q~~ lhat /or good and un[uable cansidemtions, nnd alao in consideratton o/ the ngg?e- gate sum namec~ in Ihe promissory note o~ even date herewifti, /~ereina(ter d.s~t6~, f~e mortgago~ here- 6y gnants, 6ar~nins, sel~s, a~iens, ?emises, conueys anc~ conjirms unlo Ihe mortgagee aII tl~e cerfain Innt~ o~ which the morfgagor is now seized and in possession situate in St . Lueie Countr. f'~orit~a. niz: § Lot 13, Block 21, LAKEWOOD PARK UNIT 3, as per plat thereof on file ~ in Plat Book 10, Pages 63 and 64 of the Public Records of.St. Lucie ~ County, Florida. i ~ This is a second mortgage and is inferior to the first mortgage held by First Federal Savinqs and Loan Association of Fort Pierce, Florida, recorded in O. R. Book 229, page 1420, Public Records of St. Lucie County, Florida, which mortgage the I mortgagors herein assume and agree to pay. - I; ~ !i ~ ~ In the event that the mortgagors default in any payment o I~ condition 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 pay- ! i~ able during the continuance of this mortgage, then the entire swns secured by this mortgage shall become due and payable at the option of the mortgagee. I~ The mortgagors covenant and aqree to make all payments an ' perform all conditions and covenants called for in any prior mort- i gages now incumbering the property, and in the event of default in ~ R ~ any such payment or payments, conditions or stipulations, the mort- ~ ~ gagee, without waiving the option to fareclose herein reserves the ~ ; ~E 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 ~ ~ bchalf 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. 3 ~ Privilege is reserved to prepay this note and mortgage in ~ i~ whole or in part at anytime without notice and without penalty. ~ ~ ~ ~ ~ ; ~ `t5 ~ j i~ ~ j~ ~ ° - lil PAYMEM OF T~ ~ ~1 • Dl~ OM CU13S'C INT IBLE PERSOf1A1 PROP~HiY~ ° Pl1RSlMNT TO CFtAP?E4 71•134. ACiS OF 19/1. n t it ROGE~ W)RsA~; i.~~ ~ ! CLERK CIRCUIi COURf, sf. I:vt;i! Cp., FtA ~ ; ~ ~ ~ ~ - ~ ; ~ _ ; ~ ~ ~ ~ ~~2~3~ ~13 ~ 58 ~ . . ~ ~ ~ r,~ ~ ~ - . _ _