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HomeMy WebLinkAbout2574 ~ MOltfBAG! DE[0 OR#W'S fOR~1 t, f. ~ Xw~y!octvr~d ced fx ~at~ Oy 11~ N, i W. Or~v CawpoAr~g lOHO FdtM ,1 lact~o~~ill~, Ifo~ido ~ '4 ' • ~ ~ .A ( f+ ~ • . . . . • . • i ~f r ~ ~~~y i~ ~ ~ ~ - ; ~ Executed thc~ 15th day o~ Decemter A. D. t9 6~ by ~ ~ ~ ~ I~1ACK tVILLIAMS and LULA ~'lILLXAAIS , hi s wi f e, - ~ t ~ , ' k ~ heretna~ter called tl~e mortpapor, to TSAIAH LUCAS aC)d I~EI.EN I~1. LUCAS ~ 11iS wi f e, ~ P ~ ; - - ~ ~ , , , /cerelnafte~ callec~ tF~e mort~~npee: ~ ~ ~ lWhr~c~Yr u+td Fxrcin the tcrm~ "~aort or" and "mortaasce" ioclude sll the partip to thL inawmeat •od the hei?s ~ MOf ; IeRal repmenutives and wign~ o( iad vi f~ aad tEe iuaesrors •nd a~sidns o! totpontiow; Rnd the term "aote'r E jtK~Udtl i~~ lif{ FOIH htftlp deseribed 1t c~.ue t6aa one.) ~ ( i e . ° i ~ ' ~l~tnessekh~ li~at jor pood and valuable oonsideratlons, and also tn consicleratton of tF~e ag$re- 4 gate sum namec~ in If~e promissory note oj even c~ate herewtl~, heretnafler tlescrt6ad, t~~o mortgagor ftere- ' by g~anls, bar~ains, sel~s, ~ aliena, remtses, con~eys anc~ con~irma unto the mortgapea alI t~e cerlain jand ~ 1 of whlch Ihe morfpa~or is now setzecl anc~ in possesston Jiluale in St. LUCx~ ~,'ounty. ~ , f ' Flortda, vtz: Lot 5 and the lde~t one-hal£ of Lot 4, Block 5, SUNRISB PARK SU~3DIVISZON NQ. 1, as per p1a~ thEreof ' ~ as recorded in Fla~ Book 8, page 42, of the public . records of St. Lucie Caunty, Florida. ~ THIS ZS A PURCHASE I+40NEY DK~RTGAGE and is inferior to the follow~ng morfiga~,es in favor of Citizens Pederal Savin~s and Loan Asso~xation, ~ to-~vit: That mortgage da~ed August 20, I964, filed Au~ust 29, ~964, i recorded in U.R. B~ok 97, at page 260, in the originaZ principal amount of $9,500.00, and that ~ortgage filed Nove*nber 23, 1964, and ~ recorded in 0. R. Book 104, at' page 3S, in ttie ori~inal principal. amount of ~2,500.00.~ Tn the eveat that the I+iortgagors default in any payment or con- ~ dition stiQulated a.n any' prior mortgage for a period of sixty days j or in~~ the eve~t of aay de£ault in a prior ~mortgage so as to ~ cause such prior mortgage to be acceierated and bec~me due and payable during the cnntinuance of this mortga~e, fihen the entire sums se- cured by.this mortgage shall become due and payab~e at the option of the Mort~agee. . ~ ~ - ~ The Tlortga~or covenants and agrees to matce a11 payments and f perfoxm all conditions and covenants ca~l.ed foar in any prior ; mortgages nolv incumbexing the property, aad in the event of de-~ ~ fault in any~such.payment or payments, conditions or stipulations, ; the hiort~agee, without t~~aivin ; the option t~o foreclose, herein ~ ~ • resecves the right to m~lce such payments, or perform such con- ; ~ d~tions or stipulations, so as to ~naintain the prior mortga~es ~ ` and Pre~~ent a forecl.~sure thereo£. Any and all such sums paid or ~ • expenses incurre~ 'on behalf uf the rtorfi~a~or, to~etn~r wii. i { ~ teres~ thereon. from the ~ate of pay~nent at the rate of interest ~ - prescribed in the note underl.ya.ng this *.nortgage, shall be added ~ to the :nortvage~ indebtedness and be secured by thi.s tnort ;age. f ~ . _f ' Privile~;e is reserved to prepay this note and mortga~e, zn ~ tvhole ~r in part, at any time without nQtice and with~ut penalty. J ' .2 . . ~ f ~ ~ . ~ RFCE ED = IN PA`/MENt Of T~~ . . ~ ~ " DUE CI.A34'C' 1NTANGI9LE PER''7NAl. PROPERTY? PUR~ ANT ?O CHAPTER 20724, AC . a OF t~+L1. 4~ RO R PQ1SiL4S, Clerk Circvit Court , Q: A ent fo? CU.'.TIS M.IAMES . ' ~ ~ ~ s~ ;Q Tax D. . : ~ ' a~..e i ~ f } i er c~un c~c p R- . ; BO~:K ~ tAGf~ ~ : > t: f • , ; ' . . . . . . . . . . . + _ . ' ~ . . . ' . _ , . . . . . . ~ ~ . . . • . - • ~ - ' ~ ~ . ' ~1 , . . . . . ' ~ .++~~es~+~.a~n+_».•~-~.~.}wi..G..?f_..~._Y'e ~;e_rnr~+w~es.+~ . _ . . . ~ . . _ . . . ~ - .~(!f~'~,'„'