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HomeMy WebLinkAbout0731 i~ ~ ~ ~I lAORTGAGE UEED D~EW's FOtM R. E. o Manufcuur~d ond (or tal• 6y [ns N. 1 W. Drw Co~pony IONG FOtM 1 lo~isonriil~, f~oridu y ~ . i ~ . I' ~~~~UV ~ ~ ~ ~ if 'i I ~ ` I ' 1~' ~ ( I..,~~~~-rtt~~~( rh<~ 30th ~l~,v ~I December ~1. I). t~ g5 ~~y ~ Eugene Go].lett and Bessie Mae Gollett, hi~ wife ~ ~~~rc~irin~tc~r i~a~~~c~ I~~e neort,l~u~ur. tu ! i Isaial} Lucas and Helen Lucas, his wife f ~i~r~inajt~~r ca~~c~c~ t~~c~ morl~~n~~~~~: i I ~ (t~'6ere~cr used hc~~in the ternu '•~nortKsKor" and "m~~rtKaKre" inrludt al) !he partits to this instrumtn[ and Ihe htin. ; leR.+l rcprcxntati~c. and aviqns of indi~iduals, and the succccsnre and auigns n( corporatiuns; and the term "notr" ~ include. ail the n~~tcs hr~ein dtxritxd i( mi~re than one,) , ~ I ` i ~IJ~tnes~~il~~ llial ~or qoocl ancl ra~curblc• c-onsic(~ratioris, artcl a~so i+i co~esicl~rateo~i o/ tl~e n~~re- , ii c~al~~ sunt nam~cl in fl~~ pron~issar~~ rro~n of e>ne~re clate {ier~t~~il1~, lie~reii~nfter cfes~vi{~ed. lfi~~ r,iottc~a~or ~irs~- by~ qrruits, ~?:rrynirts, sc~lls, nlieits, r~~nisns, co~ti~e>~s a~i~l con)irnts ~uilo flie morifjn~ee nl~ tl~~ certain lanc~ k; (i oJ ii~~iic~a f~t~ ntortqr~~lor is rioi~~ s~~i~~c~ ~t~~~ iri ~~oss~ssion silunt~ in Saint Lucie ~o~mty, i:l~,.:~:;, : ~i I : Lot 13, Block 2, Magnolia Park Sub- 1 ~ division, according to the Plat thereof I ~ ' recorded in Plat Book 9, Page 27, of ~ ~i the Public Records o~ Saint Lucie ~ Ij County, Florida. ~ ; : i This Mortgage is inferior to that certain mortgage from ~he Mortgago _ ~i herein to Citizens Federal Savings and Loan Assn. of St. Lucie Count - I, i~ Florida, dated August 31, 1965, filed August 31, 1965, in O. R. Book ' ~ 125, at Page 561, of the Public Records of Saint Lucie County, Flori in the original principal amount of $10,200.00, and a second Mortgag ~ between the s~ne parties in the am~unt of $850,00, Dated December 23, 1965, filed December 23, 1965, and recorded in O. R. Book 134, at s Page 119, of the Public Records of gaint Lucie County, Florida. i~ stitulaevent that the Mortgagors default in any payment or condition p ted in any prior Mortgage for a period of sixty days, or in ~ jf the event of any default in a prior mortgage so as to cause such pria : mortgage to be accelerated and become due and payab1e during the ~ continuance of this mortgage, then the entire sums secured by this ~i mort a e sha11 become due and g g p«yable at the option of the Mortgagee. . The Mortgagars covenant and agree to make all payments and perform all conditions and covenants called for in any prior mortgages no~v t; encumbering the property, and in the event of defauZt in any such = j~ payment or payments, conditions or stipulations, the Mortageee, with ; !f out waiving the option to foreclose, herein reserves the right to ~ ~ make such payments, or perform such conditions or stipulations, so { as to maintain the prior mortgages and prevent~a foreclosure thereof. ~ ~ Any and all such sums paid or expenses incurred on behalf of the ~ ~i Mortgagars;. together with interest thereon from the date of payment ~ at the rate of interest prescribed in the note underlying this Mort- ' gage, anall be added zo zh~ rnc~r~cgay~ 111C1~u~,~~1~Gjj arad b~ ~~c;~r~d ~ this mortgage. I ( Privilege is reserved to prepay this note and mortgage, in whole or in part, at any time without notice and without penalty. ~ RECE~YED ~ IN PRYM~_N70FT1XES ~ RI.~EpN C1A55'G' iNTAYGIA~E PERS~VAL PHpPERTY, r Pi1~~!'~i~iT 70=.:HAPTE32U"?", n::7~G1= }9s{~. \ _ , r i ~ ^ii,• , ,,,I~r~C (;itCUit CL~rt ~ GS %+~~`R~ iCf t.~r~i5 ~t~y.~,~5 ~ ` St. tvcie Counly T Co:;~•cfor ~ ey II ; UEFUTY CLERK € - . e ~ aooK13~ 1zb . ~