Loading...
HomeMy WebLinkAbout0538 ~ rO1~TOA0[ OttO lON• •011Y 11AMC0 /OAM R[• ~ 4~25~2 ~ I ~ ~ • ~ - i Fxp~u~~d ~I~A 27th dar ol October ~ A. D. w 78 6r ~ JOHN IVORY, Sr and GEORGIA IVORY, his wife ` s hereina(ter called the mortgogor, to R. L~. SOKOL ; i i ~ ~ I~ereina(ter cnlled fhe mortgagee: (WAerever u~rd ?rreu t6e ters~ •~aonsa~o~~ ud ••~~atK" i~ctude aN Js prws a Ji~ i~sw~e~t aai t4.?a~ ~ IeRd represrauuvea aad ~ri`ws ~d i~dividualr. ud tLe w~cceras awd a~i~ ol conoratier; ud t~e ~es~ ' rNe ~ncl~wies all t?e ~uus bcnie de~riEed il a~we t?an ose.) ~~t~~~~ t1~at (or good and ~aluabl~ ro~~de.n~io?~, and also in con~ideratton o/ t6~ nggre- ~ i gnte aum named in Ihe promissory note oJ even c~nfe herewil~, ~ereinajter descri6ed,~ ihe n~ortgapa tie?s- 2 6y grants, bargnins, se~~s, n~ieru, remues, conueys nnd c~on~ir?ns u~to t~e ?norfgagee nu ltie cerfai?t ~and 5 o/ which tl~e mortgagor iu nou~ seized and in pos~es~ion situate in S tLue ie Co,,,,h, ~ Florida. viz : ~ ~ PARCEL ~~1: Lot 6 of Block "A" ALAMANDA VISTA SUBDIVISION accord- ing to the Plat thereof as recox~d in Plat Book 5 at page 49 ~ of the~Public Records of St. Lucie County, Fla. THIS IS A FIRST MORTGAGE. The entire unpaid principal talance and accrued interest shall a ~ accelerate and become due and payble upon the transfer, sale. ~ ~ mortgage or otherwise conveyance of the premises and prq~erty ; 'f covered by this mortgage. ~ ~ ~ 'I Parcel ~~2: Lots 7, 8, 17 and 18 of Block "A" ALANANLA VISTA Y ~ ~ ~ I SUBDIVISION according to the Plat thereof as recortded in Plat ; ~ Book 5 at page 49 of the Public Re~ords of St Lucie County, Fla. together with the bui~ding and improvements situate thereon and ~ ~ i the furnitues, furnishings and equipment contained theein. ~ ~ { - ~ ~ i THIS IS A SECOND MORTGAGE. ~ ~ ~ ~ ~ In the event the first mortgage paymentsare delinquent or ; ~ in arrears, t~e second mortgagee may, at said option, make the fi st ~ ; mor tgage payments and immediately declare the entire unpaid bala ce ~ j due and payable on this second mortgage. In the event the first i mortgage is increased or amended, the second mortgage.and the - ~ indebtedness secured hereby shall become due and payable at once. ~ ! The entire unpaid principal balanee and accrued iterest shall ` ~ i accelerate and become due and payable upon the sa~e, mortgage, ; ; transfer, or otherwise conveyance of the premises and pu.perty ` ~ f: covered by this mortgage. To further secure unto the mortgagee ~ li the payment of the aforesaid note and the performance by the mort ~ gagors of all their promises and covenants herein made, the : ~ ~ mortgagors have and do hereby set over, trnsfer, ~ sign unto the ; ~ ~ mortgagee all the rents, income and profits now and hereafter per - ~ aining to or arising from said property with full pa~r and _ ' right unto the mortgagee to receive and collect the same, ~ - ~ i~ provided, however, that so long as the mortgagors shall faith- - ~ fully ke~ and perform the same, and keep and perform each and _ ~ every of their promises and covenants set forth in and said note and set forth in all other portions of this mortgage and suffer = - ~ no default in connection therewith the mortgagee shall allow j _ ; + : ? ~ the mortgagors to collect and receive the same. ~ :"3 ~O ~ - ~ :^1 3 ~ : : 1 ~ n.~wa • ~ ~ ~ «T~« : ~ ~ _ Ou~ On t~M "C• k~w~ptbls Persona~ P~rcp~rt~r, ~ _ _ ~ i J , . - - _ - ~ . • ~ ~ Pursuant To Chapter 71. 134. Acts Ot 1071. ; ' , • • . . ~ . ; ROGER PORR/18 ' ~ t- • - :a . . _ . , ~ - , ~ r, ~ CNrk qrcuit Court. SL I.~+d~. Co.. FI~. ' _ r, . . , ~ , . , . . - _ i J ~ _ ~ 8~~~ rr,. ~ - ' . . - . ~ ~ ;i ` ~ ~ ~ ~ ~ ~ ~ .F~ _ _ . , . . ,