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RAMCO FORM RtA i
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I:xPCU1ed the 23rd day o/ 1"~y A. D. t9 79 by ~
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GEORGE E. HOGAN and ELIZABETH t~l. HOGAN, his wife ~
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, hereinaf ter call~ the mortgagor, to ~
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JORAM 0. PEPERSEN - a single adult !
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hereina'IP~ t'QI~Pd I/lr morfgagee: ~
me u in Ae eerass "~uort ° aflc "ww a~e" ioclud~ all ~ie ties to t?ia irtrr~e~t ud tle itin #
,I IWh~ r ~td bere t 6a~o~ U[ a V~+ j t
~ntd reprexnuti.es ~nd aw~wa o( i~div~du~h. awd ~?e sacceann 'awd wiRn o( corpontioar: ud t6e ~era "~o~e' ~
iirtude+ dl tAe au~es irreia dr+cribed it mwe t6a~ oae.) ~
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tt~ ' lhat (or good and voluable rnnatderafions, ond nlso In coruideration o( the ag~re-. ~
~rj t gate sum named in Ihe promis~ory nofe o~ even dale herewilti. ~ereinaJter desc?tbed, t~e morlgagor he?e-
by grants, 6argatns, sells. a(iens, remises, conveys and con~i?ms unlo 11~e martgagee nll fhe certain land
t of u~~Fc{~ 1~?e morlgagor is now seizea and in possession sifuate in St. Lucie Counly
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Lot 4 of the Southeast One-quarter uf the Subdivision of
Section 4, Township 36 South, Range 39 East, according
'a" to the Plat thereof as recorded in Plat Book 3, Page 30
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of the Public Records of St. Lucie County, Florida, LESS
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_ AND EXCEPTING TE~REFROM all rights of way for drainage ~
canals and public roads. ,
i~ THIS IS A WRAP-AROUND IrDRTGAGE inclusive of that first mortgage in favor of
LAWRENCE H. BAUI~II~ER dated January 30, 1978 and filed of record February 7, 1978
in Official Record Book 281, Page 1586 of the Public Records of St. Iucie County
Florida, in the original principal amount of $27,0(30.00;
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~ ' Upon Satisfaction of I~brtgage to LAWRENCE H. B~AITMKIIt aforementioned, this
~ ~ mortgage will automatically become a first mortgage on the ahove stated real
t
E property;
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j fi MORTGAGORS herein agree to pay all taxes and assessments and utility rates
~ that may be levied or assessed subsequent to the date hereof against the
c j! mortgaged premises on or before the last day upon which such taxes and assess-
~ ments may_be paid without penalty; MORTGAGORS further agree to keep said mort-
~ gaged premises insured for the benefit of IrDRTGAGEE for such amounts and with
~ such deductibles as may be reasonable;
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~ If MORTGAGORS shall fail to keep the mortgaged premises insured as above pro-
i+ vided or to pay the premiums thereoa, or to pay such real estate taxes and
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; assessments, then IrARTGAGEE, if he so elects, may pay same, and the amount
; ~ so paid shall be secured by this mortgage and repaid with interest byti~e MORT-
° GAGORS within 15 days after receipt by MORTGAGOR af written invoice therefor
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~ from MURTGAGEE;
= ~ If a default occurs under that certain Mortgage in favor of LAWRENCE H. BAUI~ER
& ;i aforementioned, the IrDRTGAGORS have the right to cure such default and deduct
- any sums paid to cure same from the indebtedness evidenced by Note attached
: , hereto and made a part hereof;
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; ' ~ a Rsaivsd s_~'_S:___.. M ti'1r+~ Of?~N -
~ ' Due On Class "C" ~ae~N'M~w~M'~M.
~ Pursuant To Ch~Plw ?1.1 ib A~ a 1m. I
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x Clerk CkCUk C01Mt. Sf. LM~N? Ca. l~M. ~
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