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Executed the ~(v day a/ February A. D. 19 80 by
DOUGLAS SLOCKBOWER and SUSAN SLOCiCBOWER, His Wife
hereinafter called the mortgagor, to
I HUGH F ENGLER and RUTH W ENGLER, His Wife •
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hereinafter called the mortgagee:
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~ INhrrever used herein th! terms "morn;aa~~oorr sect "moetRasee" include aU the parties to this isxtrtstaeat sad the ?eirs.
+ lettal representathes and assiytas o[ iadis~iduals and the waYesrors and • asut;p of torporatiorn; sad tit: term ''sore''
t includes all tht Holes herein dtscrihed i[ more than one.) {
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~~tttesseth, that for good and valuable .considerations, and also in consideration of the aggre-.
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ga(e sum named in the promissory note of even date herewith, hereinafter described, the mortgagor Isere-
by grants. bargains. sells, aliens, remises, rnnveys and conjit-nu [tnto the mortgagee all the certain land s
f` of which the mortgagor is now seized and in possession situate in $t LUCIe County, -
I=lorido. viz: -
Lot 14, Block 1, SOUTH PORT S7 LUCIE UNIT ONE, according to the plat thereof,
dS rrrl:t'~T'dEu iii i" i 8 s, z;Ltur. : L ; s:sL . _
i " " ~ and of the public records of St. Lucie
County, Florida... ~
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E; Subject to_ restrictions, reservations, easements, zoning ants ordinances of
record and taxes for the calendar year 1980 and subsequent years.
THE ABOVE MORTGAGE AND MORTGAGE NOTE SHALL FURTHER BE SUBJEQ TO THE FOLLOWING:
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If all or any part of the property or an interest therein is sold or transferred
by Mortgagors without Mortgagees' prior written consent, excluding (a) the creatio
of a lien or encumbrance subordinate to this Mortgage, (b) the creation of a
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.purchase money security interest for household appliances, (c) a transfer by Bevis
or descent, or by operation of law upon the death of a joint tenant, and (d) the f
grant of any leasehold interest of one year or less not containing an option to
J' purchase, Mortgagees may, at their option, declare all the sums secured by this,
Mortgage to be immediately due and payable. Mortgagees shall have waived such
option to accelerate if, prior to the sale or transfer, Mortgagees and the person ;
to whom the property is to be sold or transferred reach agreement in writing
that the credit of such person is satisfactory to Mortgagees and that the interest
payable on the sums secured by this Mortgage shat] be at such rate as Mortgagees
shall request. -
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tU 4ttE GV Ct:~S `C IRYA4S "alt: P..Ra~Al1l PR0PE1tTY~
! ~ FtJn"'SLaItT TD t.Ii~Fii2 71-:~4, ACTS Of 1171.
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