HomeMy WebLinkAbout1814 t` MORTGAG[ O[CO • OREW'i FORM R. E. 04~ Y~~+IUtrrN q TN N. • W S. O~~ t•~~a~r ~ ~
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Nadr this 12th ~«y July . A. 11. /J ?g. ~
I ~etlUefll ROTH PROPERTIES, a Florida General Partnership, by F
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! KENNETH W. ROTH, general partner
~j ~•tdlyd fhe 3lurlgngur . u~idWppDROW KANTNER, INC. ~•allr~d IhP llortguyrr . .
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. ~~tn~~~ ?'hut thr cuid 1/nrf,ryu~ur . jor a~id in ~v~rsidFrufio~i uj fhr s~u» u/
llollurs.
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him ~n hu~iv /xiid hy llr~ suid llo?•tgctRrr , thP rPC•Ptpt tt~h~•r~u/ is hrre•h~ a~•knuu~!- ~
~'~~Ir~• has grutitrd, bnryrrinrd atid suld to thP said .Vorlgu~re , its heirs ~
' ce~+d assi~~~~s ~oreurr, the /ollo~i?i?ig d~s~rihPd lun~l, situate, /~ing und 6Ping in Nu~ CuuntJ o( ~
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' St . Lucie . StutP u( Florida . 1~?-u?il: i
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0 0'~~ ~ See attached Exhibit A of legal descriptions of p~roperty. ~
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T This is a second mortgage, subordinate and inferihr to
a ~ ~ a p u r c h a s e m o n e y m o r t g a g e d e l i v e r e d t h i s d a y b y t e O ' ~
c~~ ~ Grantor herein to William A. Thomas as Trustee. The
mortgagee herein agrees to be bound by the terms of ~ '
~ si~ the first mortgage and particularly those provisions ,h~ ; ~
~3 which require the joinder in of any platting or dedi-
u ~ cations which may be requested of the first mortgagee `
x and the release of any parcel or parcels of land which ;
~ the first mortgagee may cause to be released, without ~
any further or other consideration. Provided, however,
~ that if the first mortgage is paid in full prior to the ;
expiration date of the.second mortgage, then simultane~usly
with the extinguishment of the second mortgage, the second ~
shall be paid an~ s~t t' fied.
i uird the said Nortgugor do es fiereby ~~~ry u~urrant thr lill~• tu suid lcn~d, und ~nill dr/~•i+d lh~ f;
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~ sume nguinst the (att?/ttt ~•laims o/ all persons u~homsuPUPr.
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E ~rQ(1~ 7i~(f~$, Tha! i/ s~rid Jlortgct~or , his h~irs, lrgu! rPpr~•sP~t(~ilitr~s
or assig~is, shall pay to thP said J/ortgag~e~ , its IP(~l(I PPI)PPSP/1~(1~[DPS ur ussi,qtts, a
~•Prtuiit promissory nolr~, a~•up~ o/ ~uhi~•h is o?~ thP rPnPrsP sidP hPrc~o/, tutd shnll pPr/orm and _
romply tt~ith Pu~h and ruPry stipe~lalion, agrPPm~nl and ~ouPn~u~t o/ cuid riolP arid o( Ihis Nortgc~gr,
~hPlt ~hlS JturtgagP ur~d thp PS~p~P hPrPh,y ~rPUt~d shcill he t~oid, OIIIP/'[!?ISP II1P SllRiP SfIQ~~ PP/l1(!1/1
ir~ /trll /or~P and nirfit~. ~nd fhr said Jlorl~ugor couPnunt to pn~ thP intPrrct «nd prim•ipal ;
~JI'ORIJIIIJ 1l?IiPR d1iP: [o /~n~ th~ Ictrrs u?id ass~~ssm~nls on suicl proprrli~: carr~ incuruncr «gai~ic!
~rN ~~n thr building on said land (or not 1FSS thun K NONE , upprouPd h,y !h~ J/or1- ~
JQl~NP , u~ith ~IQII(I(fP(I pl(IP/!Jf!(~P ?oss ~'IQ11SP f/QIJUf?IP IO ~lorl~~ctg~~ . Ihe pnlir~/ tn hP h~~ld 6y 1/1~•
.1/arlgagPe , to kePp N~P building oie ,raid land in propPr rPpair, aird to maiu~~ Ihr hum~str•ad
~rrmplion. ~ '
~ Should uny u/ thP ahotr~ ~on~~ncuifs 6P hrok~n, th~n suid not~ «nd cill monr~s sPrurPd hPrFby
shnll. u,ithout dPm~rnd. tj th~ 1/or/gugrP its lPge~! rPpr~~s~nlaline•s or e~ssignc, s~?
~ PIPrt, QI OItPP bPCOIIIP (IIIP (l/i(I ~X1~QhIf' Qlt(( IIIP 1I7/)PI(JQfjP hP JOfPPIOSP(I, and ull ~ocls anct ~xprn.rs
~ a/ rnllr~tiun o/ snid ma~iPyc u~ith or u?ithout suit, iit~•ludi~tg a rPasoircrh/r /r~f~ ~nr 11?P .1lortyctg~r
~ uttur~~ry, shc~/! 6P paid hy ll~e J/orlyuyor ,~u~d th~~ samv urP hrrPb~ sPrurPd.
~ ~n ~itness ~Ihereof~ TitP said 1lnrt~JctgnrhaShPr~unto s~( his h~u~d a~rd
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~ , s~~u! lh~ da~ and yrar /irst uhon~ u?rr/t~n.
¢ ROTH PROPERTIES, a Flor' General,
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~ Si,yn~d, sPnlyd a~ IPIit~Prc~d in o?rr ~?rc~srn~~~: Partne ip
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r _ ENNETH ~'1. R H, General artn ~ ~
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