HomeMy WebLinkAbout0668 II 1~011TOAOE DEtO , RAMCO IOIIM REA
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~I l:r~~~~~1 rhp ?p~/~ ~Qy ~l November A. n. tq by
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JOHN M. SOU2A and ELSIE M. SOUZA, his wife
hereina~ler calle~I t{~e morl~a{~or, to
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MAURICE D. SNYDER
i~i I~erPina~fer called the morlgagee: ~
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'i IN'6ere~~r used 6ereia tAe u~ms '•murt~aRc.r•• awd "awrtcasee" i~rlud~ all ~be pu~iea w lsu iaatru~~t asd tle brirs, ,
keal npre+rnuu~e. and a?+iim uf iadi~iduak. and t6e wc~eu.rs and aniRn uI c«poratiws: asd tAe urm "~otr"
i inclu~ln all ~lie MKn bnai~ dr.cnbed it more tAaw oae.)
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~~tn~e~~ that Jor good arid ralua6le considerntions, and also in consideration oJ the nggre- .
(,jqlP sum namec~ in 1~~~ promissory nofe o~ PI~PR dale hereu~itti, hereinaf fer c~esc?t6ed, fhe mortgagor here-
" 6y granfs, bar{~ains. splls, aliens, remises.'corw~y~ancr confirms unto tl?e morlgagee a~~ the certoin ~and
1• o~ u~h~~h tRe morlgagor is nou~ seizec~ an~ in possPSSion silunfe in $t . Lueie Counfy.
~ I'Ioritra. viz:
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Begituiing at the SW oo~tce~r of Lot 5, Block 1, of M. E. OaID6~II'I4i' S ADDTiZQ~i , to
the City of Ft. Pierce, Flarida, as recarcied in Plat Book 2, page 6 Public Recar
of St. I~ucie Canty; Florida, m1d na~i~g thenoe East along the No~rth line of
j~ Orange Av~anie, 150 feet to the point of begi.rming, az~d from said Pbint Of
Begirez3,ng r~n N~rth alang tt~e East line of Lot 3 of said B1ock 1, a distance
of 155 feet and from thence nn East 65.14 feet; thenoe nn South a dista~?oe
of 155 feet; a~d thalce nai West 65 feet to the Point of Begirnling. Togett~'
~ with all flatiitt~e, furnishings, fixtures, equipmait, apPlianoes, dishes and -
co utensils n~ow located in, upai ar about the luilding situated t~on ttue a~ov~e
~ ~ described prendses.
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Part of an umunbered IQt in Bloclc 1, of M.E. C~OID3~II'IH'S ADDITION as per plat
~~~~':f, th~e~seof as reoarded in Plat Book 2, page 6, of the Public Reoards of St. I~ucie
.w_;
J f-, Ccxnty, Flarida, mo~e particularly described as abwe.
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~II.S IS A PURQ~ASE MX~.Y S~OQ~ID M7KPGA(~, subject and inferior to that cextain
' first mo~rtg,age fran mortg~agee he~rein to I.llUISE H. GAIl~S. dated the 6t'~ day
~ of JarnuaYy, 1977, recarded the 12th day of Ja~nu~y, 1977 in O.R. Boolc 262 at
"'~`s page 1392 of the Public Recvrds of St. Iucie Ca~nty, Flarida, in the o~riginal
~ ~ principal sun of $SO,OOO.dO
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E In the eve9nt that th,e martg,a~ar defaUlts in anY Payment ar ca~diti_an stipulated
° ~~Y Pr~ ~g~ far a period of 30 days ar in the event of any default
~ ._::E in a prior martgage so as to casue such priar mortg,age to be accelerated and to
~ y' ` become ~ue ar~d payable chffing the contiiwativn of this martgage , then the entire
~ sw~s sec~sed by this martg,age shall became du~e and payable at the aptivn of tltie
~ M~rtg,agee.
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Zhe Martgagar cov~nants and agrees to make all paycrents and perfarm all c~ondi-
tians ~d cava~ants called far in a~y priar m~rtgages naa en~~ing the pro-
perty, and in the ev~ezit of default in any such paymealt or payments , conditions ,
~ or stipulatia~s, the Martgagee, without waiviu~g tY~e option to fareclose, herein
~ resen~es the right to mak,e such payments, ar pprform such stip~latians, so as
~ to maintain the prior mart~,~.ages and prevent the fo~reclosure thereof. Any and
~ all such payments pai,d o~ exp~~ses incua
red an behalf of the Martg,a~or , togett~es
~ with interest thereon fram the date of payment a~ the rate of interest pres
~ in the note u~derlying this mo~rtg~age, shall be ad~ed to the im~rtg~age indebte~es
' ; ~ ar~d be seeured by this mo~rtgage .
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~ THIS IS A SECOND PURCNASE MONEY MORTGAGE
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