HomeMy WebLinkAbout1242 •
A D DEN D U M
i
ADDENDUM to purchase money second mortgage from
EDWARD O. CASCARDO and ANITA L. CASCARDO, his wife, to
OSCAR ROZETT and ALICE ROZETT, his wife, dated November °~7 ,
1979:
~
This is a purchase money second mortgage and is
-
~ inferior to a first mortgage in favor of First National Bank
and Trust Company of Stuart as recorded in Official Records
Book 296, Page-884, of the Public Records of St. Lucie County, ,
Florida, which mortgage mortgagors have assumed and agree to
I
pay according to its terms.
The mortgagors covenant and agree to make all pay-
II, -
ments and to perform all conditions and covenants called upon r
1I
<<
in said prior mortgage now encumbering the property and default t
shall constitute a default of this mortgage. In the event of
+i
said default in any such payment or payments, conditions, or
~i stipulations, the mortgagees, without waiving the option to
foreclose herein reserve the right to make such payments or to
i
perform such conditions or stipulations so as to maintain the
-
' prior mortgage and .prevent foreclosure thereof. Any and all
such sums paid or expenses incurred upon the behalf of the
mortgagors together with interest thereon from date of payment
` F
at the rate of interest prescribed in the note underlying this ~
i ;
mortgage shall be added to the mortgage indebtedness and be ~
secured by this mortgage. t
Witn sses: ~
j ~ O
~ ~
- Edw rd O. Cascardo
ii ryry Qn
vita L. Cascardo ~
x Dated: November ~~1979 ~ F ED ~M[.~ r.: ~t~E~O
~ i1~c,~ ~ i~~~t~.~ a~RO IE,c ,~~y ~s t~.
~ RECQNr. ~ n~ : ~
z
Notary r:-~ ~ SEC ~ 9 is aM
LANRSHEAR 'I +~Y ~-u:u:ut•:..,;n :-.:ti :~a, j~u..acy ~ ~
•
NM(RCI~I S7 ~~~soss
17451
~i ~ >
fi ~
i -
~ it ~~~'x3?i ~a~Ei241