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THIS IS A BALLOON MORTGAGB AND THE FINAL PAYNENT OR
roRYOwas otto ~g $p~CE DUS UPON !~(ATURITY IS $24,606.76, TOGETt{~~o -o~M wi•
~oM..oRr y~i~ ACCRUED INTEREST, IF ANY, AND Aj.L ADVANC~TPS
MADB BY THx MORTCAG~B UNAER TH8 TE.R~IS OF THIS~ NORTGAGE. b f
~ ~ ~ 1
F.re~ulprl ihe 13th day oI March A. D. 19 81 6r
MICHELE P. GANGITANO and ELEANOR M. GANGITANO, his wife
{~ereina(fer ca~~ec~ t/~e mortgapor, fo C~`- _
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THEODORE L. BAKER and JUDY M. BAKER, his wife
hereiria~ter call~ Itie rnortgQpee:
INherr~er uxd Ikreis ~I~e termf ••mortsasoi • aaQ ••tw~t6aYet" i~clude atl t6s puties a ~li~ irtrr~~t a~d Je rein,
k~sl repre•enuti~es aad as+iaro o( i~diriduah. asd the wcrewrrs asd a~iRss o( cerpor~tiar: ard t4 eert~ .•~ote••
includn all ~he nutr~ Aerei4 de+cribed it more tAaw owe.) •
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~~~n~e~~ that /or good and valuable rnnsiderations, and also in c~onsider~lion oj f~ee aggre,
~ate sum namec~ in Ihe promissory note o~ euen cra~e hereu~eth, ~rereinajter descN6ed, f/~s morlgagor ~e-e-
by grnnfs. bargains, se1Gr, aliens, remises. conveys and conJirnu unto the mortgagee nll tl~e cMatn land
o~ whic~ fhe rr+ortgagor is now seized and in possession siluale in St. Lucie County.
t'lorit~a, t~iz:
The South 10 feet of Lot 3, all of Lot 4, and the North 30 feet of Lot S,
RIVERSIDE SUBDIVISION, according to the plat thereof, as recorded in Plat
Book 4, page 50, of the Public Records of St. Lucie County, Florida; ex-
cepting therefrom rights of way for public roads.
THIS IS A PURCHASE MONEY MORTGAGE.
NO IMPROVEMENT OR CONSTRUCTION SHALL BE CO~NCED ON SAID PROPERTY UNTIL
THIS MORTGAGE IS PAID Iti FULL.
IN TNE EVENT TI~ PROPERTY A$OVE DESCRIBED IS SOLD, THE OBLIGATION SECURED
HEREIN SHALL BECOME DUE AND PAYABLE IN FULL AT THE OPTION OF THE MORTGAGEE.
C~ ~~'" in PsY~nt O! T~ss
paceived ~ ~---"-'-"
Du~ On Class "C.. intansible Personal P+rooMq•
Punua~ 7o Chsp~et 71. 134. Aas 0119~1. ~~ G~
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