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HomeMy WebLinkAbout0591 - . P-1588/ass 0. _ _ - e/ORT~iAK zero- - - RAi1C0 rORM Rt• f,ON~ ~011M . ~ ~ 46228 . Executed the 21st day of AUGUST, A. D. 19 79 6p RAYMOND LA Fi.AI~lB herotnafler called the mortgagor, to PBGGY WILLIAMS, ~ oined hY' her husband R+OBBRT itILLIlBiS and SALLY DDBLL, joined by ber husband LBiRS D~18I.L hereinafter called the mortgages: (Wbaever ..ed baeu the ' • rd '•~erepace" ioelyde e8 tbt w Ibis ao~i Ibo kp1 eep~exaatises aid a~~ ety~i~a~ de wooeaws ani wits of oo~yonuan: ud ttre 1e~ "~oM i~ebdea ~d the wus basin dc+c~ad i( ~oee one.) ~~ntuedt, that /ar good and valuable considerations, and also in conatderotton o/ the aggro= gate sum named to the promissory noes of even date herewith. heretnaf eer described. the mortgogor hero- by grants, bargatnt, sells, alters. rem4ee, oanvey: and oanjirnu unto the mortgagee aU the certain land of which the mortgagor is now seised and in possession situate in St. Lucie County, - Florida, viz: Lot 21, Block 2, AMY ANNA PARK S0BDI9TSTON, a Subdivision according to the Plat thereof, recorded'in Plat Book 4, Page 72 of the Public Records of St. Lucie County, Florida. THIS IS A PURCHASE MONEY MORTGAGB GIVBN TO SBCURB A PORTION OF THB PUItCHASB PRICB The mortgaged premises are subject to the lien of the following described mortgage hereinafter referred to as the "Senior Mortgage" Mortgage from Margaret M. Williams, a/k/a Peggy Williams and Robert Williams, her husband and Sarah H. Dwell, a/k/a Sa11y Duey-and-Levis- Dwell-, -her-husband-to FIRbT--FBDSRAL - SAVINGS and LOAN ASSOCIATION OE PORT PI8RC8 in the original principal sum of $11,000.00 dated December 4, 1975, filed December 9, 1975 and recorded in Official Records Book 75, Page 246 of the Public.-Records of St. Lucie County, Florida ~ - The mortgagor herein agrees to comply with all the terms of the "Senior Mortgage" except the requirement to make the payments of the principal and interest thereon and on compliance by the mortgagor with the terms and prmrisions contained in said "Senior Mortgage" the_owaer and holder of the note secured hereby will pay the in- stallments of principal and interest from time to time due under said "Senior ~ Mortgage" in accordance with its terms. It is hereby agreed by the mortgagor and the mortgagee herein that the total in- debtedness evidenced by the "Senior Mortgage" and the note secured hereby is $14,000.00 The principal balance of the "Senior Mortgage" as of the date of _ this agreement is $10,288.16. The mortgagors further agree that they will not make amp voluntary inter vivos transfer of the premises or any part thereof, without first obtaining the written consent of the mortgagee. Anp such transfer, if the mortgagee shall not consent, shall constitute a default wader the terns of this instrument. In the event the >~rtgagor exercises his right to pay the note secured hereby in full then the sortgagee agrees to satisfy said "Senior Mortgage" iaediately. i ~ n N ~ p~ - , s o S T Y E of F ~ t~ ~ ~ ~ ; o~ ~ ~ IM P~riENt OF T ~ DOCUMENTARY== ~STQMP TAx. ~ s+~st~ • ~ 6EP1. OF REVENUE ~r? ~ ~ pN (emu 'C RtTlWt~ as _ ft fAAf¦¦ ~ Td CIIAPS`.'Z 71-i..i4~. eA.CeTS OF 1! O r~ - iWii2/~lti ° ~ . ~ OrY ~ t'{tt?ti~tAMT t~ r~•~ U t h2 Q~ ti~~ ~ ~ ~t~ t'~s M' - ~~~~5 Pte- ~ j'