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HomeMy WebLinkAbout1621 •pRTOAOt Du0 / `o~ .~M y~ RAMCO /OIIY 11t~ 3016'73 lJ / ~ • 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.) ~ J~ ~ ~`~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 ;a ~ . u~ , ~ . . _ .r -:3 . . ~ ~ . , .~d . , . ~ . ,.,.__.b~