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HomeMy WebLinkAbout2706 . _t YORTOAO[ OEEO RAMCO FORM RE6 ~ lONO IOIIM ~ ~ ~ l:xecltted the l ~ day of November A. D. t9 79 by JOSE GONZALEZ and JENNIE GONZALEZ, his wife hereina(fdr called Ilte mortgagor, 'to GERALD A. KEPHART, a single adult, and EVA H. KEPHART, a single adul t ,i hereinafter called the mortgaged: j (Where.rr used herein the terms "mnrtRaRor" aac~ "mortRaSee" ierlude all tht parties to the imtrumtat and the ?tirs, ~ kcal representati~e? and as+iRm of iadi+~iduals, aad the wccc+ar.rs and assiRa+ 01 eorporatioas; aad the Term '`lore" f f Inrludn all the poles hernt? dexnbed it more than oat.) r ` r ~tfneSStbt, that for good and valuable rnnsiderations. and also in consideration of the aggre- ' gate sum named in the promissory note of evdn date herewith, hdreinnfter described, the mortgagor here. i J~ by grants, bargains, sdlls, aliens, remises, convoys and confirms unto the mortgagee all the certain land i I~ of which the mortgagor is now seized and in possession situate in St. Lucie County, j I~~ l~loridn, viz: a i; ~ All of Lots 9, 10, 19 and1120, and the1lNorth half of Lot 18, 81ock 1, REVISED PLAT OF THE TROPICS ,according to the Plat thereof, recorded in Plat Book 6, page 21, of the Public ~j Records of St. Lucie County, Florida. ; i. THIS IS A PURCHASE MONEY SECOND MORTGAGE, i. I; ~ F t r ' IT IS AGREED and understood that upon any default under the prior mortgage j' covering this property, suck default will constitute an automatic default of this Purchase Money Second Mortgage, and Mortgagee herein shall have the right ~ to make a ents a ainst rior mort a e installment and a 1 all such a P ym 9 P 9 9 PP Y P yments ?i to the balance due under this Purchase Money Second Mortgage. Mortgagee rights shall be cumulative hereunder. i i i !i THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY IS $6,000.00, TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCES MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE. i~ . , ?.~VnFC ! aZ. c a t!1 r!?v~iErR OF TAB . Gl3. aY LY' "S t'1';. ;'=.9L£ PrF.~G(iJZ !jrOP~fy~r FIiBS'~.!~MI TD .h:.i'TL'' 71-• a, ALTS CF »T~ ; fii:SL9 PcIT: A5 ~ CtFR1f CIACU(T COURT, ST. lH:k CO, FiA. J . ~ , pax ~I ~ ;v 319 ~a~f~~ , it G