HomeMy WebLinkAbout1621 •pRTOAOt Du0 /
`o~ .~M y~ RAMCO /OIIY 11t~
3016'73 lJ
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Ex~u~ed ~he 19th ~ day o) ~reb~ry A. D. ~9 75 6y
JOHIf IVORY, 3r. and QEORdIA NORY, his wife
heretna/ter called !he mo?tgngor, to R~ L. BO1~OL
tiereinaJter cnlled the mortgugee: ~
cw6e.erer ..ed 6e.eia tLc erA. ud ••soek~~ee•• i~d.de aB ihe p~rties a t?i. i.w.se~e aed tis ianj
e e
le~l reP~e~rwntiva aod u~ m ~e~t u~ tie w~oteson ud a~~ ot aorpo~~fior; a~d tM ~••~e1e• .
inchdes ali tAe notea haei~ daeribcd 1! ~oee Wm.) ~
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~ ~`~i~e~~ that ~o~ good and valuable oonslderallona, nnd also tn ooruiderntion o/ thf a1~gro=
gate sum named in the promisaory note of even date ~ier+ewith, he?~etnnlter ~sai~. t1~~ rnortgngor ~ene-
by gr+anb, bargains, se[Ia, nliens, remises, conneya and oonjtrnu unto the morteagee alI th. certatn land
o~ u~hich the mortgngor is ~ow seised anc~ in possesaton siluate in $t • L11C~Q Countp.
Flor~da. ~i::
Parcel ~ls Lot 6 of Bloct ALAI~ND~ VI3TA SUHDNISION
according to the Plat thereof ae recorded in Plat BooY 5 at
page ~9 of the P~~blic Recoree o! St. Luoie Count~, F'lorida.
THIS I3 A FIR3T MOR?QAag.
The entire unpaid principol balsnce aad aocrued intereat -
shall accelerate and become dus and pa~able upon the tranefer,
aale. ~ortgd~e or otherMiae conveyance o! the premiaes and
propert~ ~overed by this ~ortgage.
Pareel ~2s Lots 7, 8, 17 and 18 of B1ocY "A° ALAMAN~J! VI3TA
+ Subdivision acco ding to the Plat th~reof ae recorded in
+ Plat BooY 5 at page ~9 0! the Publi~ Recorda of St. Lucie.
Coaat~, l~lorida, togeth~r ~ith the buildings and isprove~enta
situate thereon aad the i~rniture, furnishinga and equipsent
' contained therein.
~
~ THI3 IS A SSDOND IrIORTt~AGT.
L
; In the event ths firat ~ortgage paJaents are delinquent or in
a ~ arreare, the aeeond ~ortgagee Aey, at eaid option, sake the firet
' ~ortga~e psy~e~ts, dnd immediatell~ decls~r the enfire unpa~id balsn e
~ ~ due and pa~able on Lhia second eortgage. In the event the firat ~or -
~ ~ gdge is inoreasea or ssended, the seeond rortgsge and the indebtedne ~
~ aecuae8 hereby ohall beoose due an8 pe~~able st once. ?he entire un 18
~ principal bal~nce and accrued intereet shall aeaelerate and becose ~
~ due and payable npon the tran~fer,~ale, ~ortgage or otherwise oon~e~
~ a~noe o! the premiae~ and propert~ eovered by this aortgage. To
~ ~ ilirther eecure unLo the aortgagee~ the paTment of the aforeeaid note
~ anda the performdnee by the ¦ortgago~~ of all their promieea aad
; oovenants, hereia ~ade, the ¦ortgap~ora have and-do hereby transfer,
~ ? aesiga and set over unto the dortgagee all the rente, ineo~e and
~ i prolits norand hereafter perta?ining or arising from aaia propert~
~ If Ntth l1i11 porrer and right uato the ~ortgsgee to receive and colleet
~ ji the ea~e, provided, hoxever that so long as th~ ~ortgsgora shsll
? hithtull~ perlorm aad Yeep each and every of their pro~isee and
3 ii eovenanta aet lorth in eaid note and set forth in sll other portions
` ~ of thia ~tort
r gage aad sulfer no delsult ia coruieetion thereMith, the
~ .i eortgagee ~hall sllow Lhe ¦ortgagore to collect a nd receive the sa~e.
~
~ ~
r STATE ~F FLOF?IDA ~ ~
~ oy OC`UMENTAR~~:
~;~STl~M,P F~~x ~
4 ~ UE~T.OF REYEMl7E
~ ~m = FB. - : t: i4'TS 4 . ~ ' J. 9 a~ !
€ 4 ? ~ r „z `a
, ~ ~ R~ryEp !N PAYMEM OF TICIE~
= 01~1 CIASS'C' 1NTM1618LE PERSOt~lI1L pRppEq(~~
+ /
PU~ANT TO GfAPTER 71-13t. ACfs pf 1971.~,,,~,
s ROGER PORRAS oO/
~ CLERK CIRp1R OOURT, ST. I,uC1E l0., FU~
~ ~y,
~ 1 d ~ 600K236 ~A~1620
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