HomeMy WebLinkAbout0936 I YOR?OAO[ OEEO
; lONO IoRM RAMCO FORM RES I O
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F.r~utM1 rR~ day oJ , MaY A. D. I~ 1 6y
( JAMES A.DRAWDY and MARILYN A. DRAWDY, HIS WIFE
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~ herpina~ler ca~~ec~ f~ie mortgaf~or, !o
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~ JACK L. STALEY and BEVERLY STALEY,HIS WIFE
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I~Preina~ler calle~I II~e mo~lyagee:
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~ (H'h~nve~ used ~escin tAe terms ''mw~RaROr" anc~ "mwtRaS~e" inrlude a!1 the partiet lo thn irowmtot and 1Le 6ein,
ktal represenuti.ts and uti~ns ot indi~idualf, aad t6e succesw~n and auitas ot caporatiom; asd t6e ttrm "aote"
inciudn all ihe a~nes 6eeein de~cri~ed il m~,re thao rme. )
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~~t~~e~t thal (or good and ~>alua6le considerations, and also in conaideration o/ ti~e aggre-
- gate sum named in Il~e promissory nofe o~ even dnle heretuilh, f?ereinnf ter clescri6ed, ttie mortgagor {~ere-
by ryranfs, 6arf{ains, s~lls. aliens, remises. conveys and con~irms unlo the mortgagee all the certain ~nnd
o( u~h«h 1{~e morfga~or is now spized and in possession situate in S t. Luc i e County,
~ f'lori~a. viz:
i' Lot 15, Block 2, SOUTIiERN VIEW ADDITION, according to
~ the plat thereof as recorded in Plat Book 9, Page 44,
Public Records of St.Lucie County, Florida.
THIS IS A PURCHASE MONEY SECOND MORTGAGE and is
~ subordinate and inferior to that certain ~irst Mortgage
' held by First Federal Savings and Loan Association of
Fort Pierce dated May 5, 1981 and recorded in O. R. Book
354 at Page 1797 of the Public Records of St.Lucie
County, Florida encumbering the above-described property
in the original principal amount of $44,800.00. Any
default under the terms and conditions of the mortgage '
~ and note to First Federal Savings and Loan Association
' of Fort Pierce described hereinabove shall constitute
a default in this mortgage and the promissory note
'~f ~ secured hereby and the Mortgagee herein may accelerate -
l all payments due under this Mortgage.
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