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HomeMy WebLinkAbout1059 MORTOAOE OEEO • I t.oreo rosat '?~x~~V RAMCO FORM RE6 ~ • ~ / ~ ~ 1 i~ k L ! I:XPCl/ted the 25th day of October,A. D. tq 74 by HURRAY W. NOYES and SHARON H. NOYES, his wife k hereinafter called the mortgagor, to i FRED A. MASCIELLO and BESSIE I. MASCIELLO, his wife k I hereirra f ter called llte mortgagee: ! lN'beret*r used herein the terms "mortetasor" an~+ •'tnorteagee" include all the pubes to thin inttrutoent and the hein. t ktal rcpresenlati~ea aad assi m of individuals, aad the auccessnn and assigns oI corpoestioss; and the tern "note" i include+ all the rotes 6ercia ~ribed it more than ooe.) ' ~itntSSeth, that for good and valuable considerations. and also in consideration o/ the aggre- , F gate sum nnmed in the promissory note o/ even date herewith, hereinafter described, the mortgagor here- i by grants, bargains, sells, aliens. remises. rnnveys and confirms rrnto the mortgagee all the certain land i! o which the mort a or is now seized and in possession situate in / gg St. Lucie County. Florida, viz: Begin at the NE corner of the Plorth 375 feet of the S 1/2 of the i NE I/4 of the SE 1/4 of Section 5, Township 36 South, Range 40 East, turn aad run South 375 feet to a point; thence turn and run West 1000 feet to a point of beginning; thence continue West. 100 feet; thence turn and run North 162.5 feet; thence turn and run ~ ~ East 100 feet; thence turn and run South 162.5 feet to the point i fl of beginning; said land also being described as Lot 10 of an unrecorded plat•of DAIJIEL'S SUBDIVISION, lying in and being a part ~ of the tJorth 375 feet of the S 1/2 of the NE 1/4 of the SE 1/4 of Section 5, Township 36 South, Range 40 East. I~ THIS MORTGAGE IS NOT TRANSFERABLE, ASSUMABLE NOR ASSIGNABLE AND THE ~ NOTE WHICH IT SECURES BECOMES DUE AND PAYABLE IMMEDIATELY UPON THE SALE OF THE AFOREDESCRIBED PROPERTY BY MORTGAGORS HEREIN. tj THERE WILL BE NO SECOND OR THIRD MORTGAGE OBTAINED AGAINST THE ~ ~ SUBJECT PROPERTY WITHOUT THE PRIOR ~1TRITTEN CONSENT OF THE ~ ! MORTGAGEES. MORTGAGORS FURTHER AGREE NOT t^O UNDERTAKE OR ENCUMBER THE REAL ESTATE DESCRIBED HEREIN 47ITH ANY TYPE OF ADDITIONAL FINANCING INCLUDI2IG BUT NOT LIMITED TO WRAP-AROUND MORTGAGES, ANY VIOLATION HEREOF WILL BE CONSTITUTED AS A DEFAULT UNDER THIS MORTGAGE. ~k Rece?vod S ~i~ In Payment Of Text' Cue 7,, .-ia lnta~g+ble Per5onalDroMr~re eau, c ~~nt ' hap;er 71 t 134. Acttl Or ' 8~t. ROGEH Pc7ITRsLS ~'~/r` is /'rPr~ C_erctirt Cot;rt, Si. 1UC19, CO.. Flt•. = z, _~i,y, 'r ~ J O I c~ S 1 = I, 4 t ';1Kr319~ P~~~1A57