HomeMy WebLinkAbout0162; ~~ ~~ ~, ~ ~~ I,I
I
Y01~TOAaE DEEO
RAMCO FORM RE6
LONn IONM ~~~~~
~ O
/ - _
13 ev
.
1:.~~~~~~d ~h~~ ` ,1~~~ ~J March, A. /). ~9 81,6y
~~ iivnr.ni ri. ul1F1YLL.
I~ l~~r~ina(~rr ~~all~•d 11~~ muN~~ugor, lo DONALD E. FOWLER aAd EDWINR M. FOWLER~ hlS
wife,
;
~~~rc•inu~f~•r ~•u~~i~r~ l~~r morlga~~i~~~: _
K Kur" and '7n..r~r.r~e" iu.luJr atl the pan~es tu ~Au :~+trume~t and t6e hein.
i: i N~l~rrr.~~r uvd her~in the t~rm+ "murt a ~ ~
I~eal ~eyr~~eucatht+ aud ~wRm uf ind~riduais. and ttx w~~~...a+ and au~rm ui cwyw~lium: add the u~m "nolt••
~ uuluJr. all the nutn ht•ein dr~'rd,ed il m.nt ttun u^~-~
~ ~itnesseth~ ~~Ia~ JO- (~OIH~ A11(~ 1•(I~UO~I~P l'0-ISI(Ierufions. an~I a~su 111 CO-ISI~~P-a~10f1 U' ~~Il' ugbre-
(~(I~P S11f11 npm~tl III (~IP prontissory /IO~P Or PI~Pfl (~Q~P /1P~PU~l~~1. ~IP~PIflUJ~P/ ('PS('rlbl'~. ~~P mortgagor here-
~ ~~V r~-nnlc ~~~-I~OiI~c Cr•~~C f~~iP/1c rvmicPS. ~•on~a•vs AIl(~ f0-111II-IS 11-1~0 ~~IP morfaauPp QI~ ~~R CPItQ!-1 land
o~ u+{~ic{~ fliF morl~~aqor is nou~ s~iz~t~ anc~ in possession siiuale in St . Lucie Counfy.
~'~orir~a. ~~iz:
~ The East 15 feet of Lots 3 and 4, All of Lot 5, and
; the West 35 feet of Lot 6, Block 9, DI~IELAND SL'B-
~ DIVISION, an unrecorded plat, recorded in Deed Book
152, page 403, of the public records of St. Lucie
County, Florida.
~
• THIS IS A SECOND PURCHASE MONEY MORTGAGE.
SPECIAL CLAL'SES:
This is a second purchase money mortgage ir.ferior only to first mort
gage held by First Federal Savings and Loan Association of Indian
River County.
' ~
~ ' Any default of the underlying first mortgage held by First Fedzral ~
~ Savings and Loan Association of Indian River County, shall constituti
~ a self-executing default of this second purchase money mortgage. i
- In case of default under the underlying first mortgage, Mortgagees
- reserve the right to make payment of any and all sums and/or charges+
=~ due to cure first mortgage default and to add all sums so paid to f
- the balance due under the second mortgage, and reserve the right tc
accelerate the second mortgage. Alternatively, Mortgagees reserve
„ the right to elect not to pay first mortgage arrearaqe, and to accel
~~ erate and foreclose the second purchase money mortgage and note.
., -,_;
°y All remedies are cumulative to Mortgagees.
~ y ,
The option to make payment of any default of the first mortgage by ,
Mortgagees hereunder shall not create or impose a duty and/or obliga
', tioi~ u~un Mortgagees.
f f ~~ ~/c~, ~''. C G
~:":iE:! s ~~'L~•VO IH P!~"-•••{T CF YAXES
~ .. ~ 1 CL ' :: i'. . " • :! : P_' _ ,. LL F:yJ:'EaN~
`::. :.::,:if TO .::'.. :.. 71-~ •S. 6~TS GF 1~71.
'.__•F_i~ .t:
~L-~K G:~U,i i,;,~3:.T. Si. Li1..lE CD., fLA.`/~ ~~ .
~ . ~ ~ {
: , , , ; - . ~ ~
'- ~ ~ ~ .1 J . `1
^ ~K 3~~ FdGE ~~~
3.:1fr
a
,
.
_. . _
.-. . __ _ _ K _ . . ~