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?:.recttted tlt~ 13t day of December A. D. 19 78 6y
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CRAIG C. MATTHEWS and BARBARA Y. MATTHEWS, his wife
hereinafter called the mortgagor, fo
UNITED PARTNERS III,INC., a Florida Corporation having its
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rincipal place of business at 405 Ixoria Avenue,P.O.Box 3430,
Fort Pier~c~ Florida 33450
bereirtaf ter ca le 11te mortgagee:
INArmer toed 6ereia the terror ''etwrtRasoe" aa~ "atortRa~ee" inrlide aU the partie+ to this imwment and t?e ?ein,
legal reprerenutirn sad aniRm of iudiridtub, and the wrre+rnn sad assi~m of corpontiom: and the tern "note"
iaclude+ all the twee herein dexrihed i( more t?an one.)
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~ttnessed~, that for good and valuable rnnsideratio?ts, and also in consideration of t?te aggre-
ga~e sum named in Ilte promissory note of even dale herewith, hereinaf ter described, the mortgagor here-
~ 6y grants, bargains, sells. aliens, remises. conveys and. confirms unto the mortgagee all the certain land
of u~?tic?t flee mortgagor is now seized and in possession situate in St .Lucie County,
Florida, viz:
' The East 175 feet of-Lot 46 of Unit One,MARAVILLA GARDENS,according
to plat thereof recorded in Plat Book 6,Page 55 of the Public Record
of St.Lucie County,Florida;EXCEPTING THEREFROM, the East 17 feet
thereof for right-of-way purposes .ALSO EXCEPTING THEREFROM, a
right-of-way to Florida Power & Light Company for an electric
l! transmission and distribution line.
THIS IS A PURCHASE MONEY THIRD MORTGAGE.
MORTGAGOR HEREBY AGREES AND AFFIRMATIVELY .STATES THAT THIS I
MORTGAGE DEED SHALL NOT BE ASSUMABLE AND MAY NOT AT ANY TIME BE
ASSIGNED BY SAID-MORTGAGOR TO ANY OTHER THIRD PARTY. ANY ATTEMPT
OF ASSIGNMENT OR ASSUMABILITY SHALL BE CONSIDERED AN IMMEDIATE
DEFAULT AND IN SUCH CASE SAID MORTGAGOR AGREES THAT THE THIRTY
DAYS GRACE PERIOD PROVIDED BELOW SHALL BE WAIVED AND THE ENTIRE
! SUM MENTIONED IN THE NOTE PROVIDED BELOW AND THIS MORTGAGE OR
THE ENTIRE BALANCE UNPAID THEREON, SHALL FORTHWITH OR THEREAFTER
AT THE_OPTION OF THE MORTGAGEE BECOME AND BE DL*E AND PAYABLE
IMMEL'IATELY . FAILURE BY THE MORTGAGEE TO EXERCISE SAID P.IGHT OR
i' OPTION HEREIN PROVIDED SHALL NOT CONSTITUTE A WAIVER OF ANY RIGHTS
~ OR OPTIONS UNDER SAID NOTE OR THIS MORTGAGE ACCRUED OR THEREAFTER
ACCRUING.
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~ 1 GU'c 0!1 Cl•.s ' ' MiMI:C 8LE P~:.SONAL Pn:t:'F~:TY,
PURSUMT YO iMJ1P~EA 11-134, ACfS Of 1871,
. R06Et1 POIiP.A6
~ CLERK gRgNT COURT. ST. WCiE ~
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