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Z4IIS IS A BAIdAC~I MI~l~G~£ AND ~ FII~1L PAY~ OR B~p~ ~
+a~ra-oe oeeo ZI~IE BAI~NCE DI8 U~ON M~IRITY IS S14,029.25 ~~R ;~YSICAR &
WTI~ '~D` ~Z ` ' ~ IF ~NY~ ~TVD ~yTj AW~V~~+a,js ATTORN[Y• AT LAW
~ BY THE NDKI`GAIGEE (~]C~. '1'HF '1F.E~S QF' THIS r~DKIC~~£..o~T~ i cis 3079~
~ ~ 5182'~7 ~
l:x~u~ed ~hp 26th d~y oJ February A. D. ~q81 by
FRANK J. LYNCH, JR. and JANICE K. LYNCH, his wife,
hereina(le~ ca~~e~ If~e morl~af~or, fo
FLORIDA BANK AT FORT PIERCE,
~iereinaJler tallerl fhe mortgagee:
IN'here~rr u~ed hertia tbe terma "mort~a[~N" and "nwnRaR~~" ~ecwdr all tAt putin to tsn imlrume~t aa1 t6e Aein.
le~al reprex~~uu~es and aui~os ot iedi~~dwl~. and t6t wcce...r~ a~ auitas ot capwalion+: and t6e terw "~ot~••
inrlude+ all ~he aous bereia drari6rd ~( mwe ~Aaa unr.l
~itnesseth~ 11~at (ur go«( and i~aluable c~onsiclerafions, anrl also in consideration o~ !he aggre
~~ale sum namec~ in l~~e promissoiy nole o~ ~~v~n crate I~erewil{i, h~reina~fer ~escribe~, the morfgagor here-
~~y nranfs, harg~ins, s~~~s, aliens, rnmisvs, conveys an~( con~irms unto ftie mortgagee a~~ t~~e cerfain lant~
o~ w~~ic~~ Ihe morfgnf~or is nou~ s~izet~ anc~ in poss~•ssion situal~ in Saint Lueie Counfy,
~'~orit~a, viz:
Lot 4, Block 1, CAROLWOOD TERRIICE FIRST
ADDITION, according to the Plat thereof,
as recorded in Plat Book 14, Page 50,
Public Records of Saint Lucie County,
Florida.
i
THIS IS A PURCHASE MONEY, SECOND MORTGAGE
The Mortgagors further agree to pay all tax, assessments, and
utilities that may be levied and assesSed against the property
herein, subsequent to the date hereof, and agree that if the
Mortgagor shall fail to keep the property insured or to pay
any premiums or pay taxes, assessments, or utilities, then
the Mortgagee, if it so elects, may pay the same, and the amount
so paid shall be secured by this Mortgage, and repaid with
interest by the Mortgagor within fifteen (15) days after the
receipt by Mortgagor by written notice thezeof. Failure to
make such payments shall be deemed a default of.the Note
secured hereby in this Mortgage.
A failure by the Mortgagors to make payments due upon the
first Mortgage shall be deemed a default of the Note secured
hereby and of this Mortgage. Mortgagee, if it so elects, may
pay any and all payments, charges, interest, late charges and
other fees which may accrue upon any default of the first
Mortgage, and such amount so paid shall be secured by this
Mortgage, and repaid with interest at the rate specified in
the Note secured hereby by the Mortgagor within fifteen (15)
days after receipt of written notice of such nayment.
Reoeived • ~C'' ~ +r -.. Oi Taxea
Dw On Ciass °C'~ ~n~ar~y~b~e, Persu~,~ Prop~ttr,
PurWWlt To Chaplsr i 1, 134, Aets Of i$71.
1106ER PWTAAB ~c s~
CN~t CMo~R C~art ~t ~YOi~1~ Co. l~. ~
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