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lAORTGAGE UEED D~EW's FOtM R. E. o Manufcuur~d ond (or tal• 6y [ns N. 1 W. Drw Co~pony
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~ ( 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
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i Isaial} Lucas and Helen Lucas, his wife
f ~i~r~inajt~~r ca~~c~c~ t~~c~ morl~~n~~~~~:
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~ (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,)
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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~
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(i oJ ii~~iic~a f~t~ ntortqr~~lor is rioi~~ s~~i~~c~ ~t~~~ iri ~~oss~ssion silunt~ in Saint Lucie ~o~mty,
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: 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. ~
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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.
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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.
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( 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{~.
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` St. tvcie Counly T Co:;~•cfor
~ ey
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; UEFUTY CLERK
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