HomeMy WebLinkAbout0538 ~ rO1~TOA0[ OttO
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Fxp~u~~d ~I~A 27th dar ol October ~ A. D. w 78 6r
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JOHN IVORY, Sr and GEORGIA IVORY, his wife `
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hereina(ter called the mortgogor, to R. L~. SOKOL
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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 :
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~ 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. ~
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~ 'I Parcel ~~2: Lots 7, 8, 17 and 18 of Block "A" ALANANLA VISTA Y
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~ 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. ~
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~ i THIS IS A SECOND MORTGAGE. ~
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~ ~ 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
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? ~ the mortgagors to collect and receive the same. ~
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_ Ou~ On t~M "C• k~w~ptbls Persona~ P~rcp~rt~r, ~
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_ ~ i J , . - - _ - ~ . • ~ ~ Pursuant To Chapter 71. 134. Acts Ot 1071. ;
' , • • . . ~ . ; ROGER PORR/18 '
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. . _ . , ~ - , ~ r, ~ CNrk qrcuit Court. SL I.~+d~. Co.. FI~. '
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