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HomeMy WebLinkAbout1222 ~ ~ MOf7GAGE DEED D~EW'S FORM t. E. A Manulocrur~d o~d for wf~ by TA~ M. l W. Dr~w Co~pany ~ ~ ~ IONG FOlM lo<Y~rUb. ibriia ~~a j J~.. ~ ~ ~r ~ ~ • ~ ; ; , ~ ' ~ ~ t:.~~~~~«~~>d rh~~ 13th d~,y October l~. ic~5 hy ' I ~~W. A. SULLIVAN and JIMMIE NELL SULLIVAN, his wife ; ~ ~ Iterc~inulfe~r cn~~c~c~ t~~r nturtyaqor, to HOWARD I, . GRE~NWELL 4 I i i i ~iert~inu`tc>r cti~~et~ t{tc~ rnorlqaqt~~~: I i ! fN'hrre.er uud herein ~he terms "murtKayor" anil "murlKaqre ~ inrludc ail [he parties ro this inurument aud the hein, ! I~KaI reprcv.n[ati~ec and a~siqns u( :ndividualc, and th< <urcc..~~n ar.d auirns ~d cnr~ret~ons; and the term "nute" includn a? the nutes he~eio ~k.crihtd i( mure ~han ono. i i I ~ i; ~ `r„~tCe`,~ ~ ~~LI~LJ.7LN`~ ~jltll JOr QOO(1 llll(~ I'Q~UpF~~P COIISt~p~p~lOI1S, ptl~ (t~SO 1?1 consideratiori O~ ~~iP U(Jg~P- ! ~ F f r {i~reina~ter c~escri~ec~, the mortgagor ~ere- ~ ~nf~ s~un nume<l in t'ie ~romissory note o ei,~rt c~nle ~1PI'Pll~lt~~, " E~V qrnnts, ~(I~qQlI15, SP~~s, niiens, relnisFS, f0?1V('yS 1l/lQ COIiJI~I?7S Ut1~0 ~f1P mortgageP Q~~ ff1P certain ~(t/l~ ~ o/ io~ii~~f~ i{ic> ?norlc~a<~or is nou~ sei~~c~ nn~{ in possession situate in St . I,L1C1~ Couniy. ~ f'~orit~n. t~i~: i j Lot 13 of HILLVIEW SUBDIVISION, being a part of the N~ of the N~ of the SW~ and the South 730~feet of the SW~ af the NW;, all ~ in Section 21, Township 34 South, Range 40 East, lying between ; U.S. Highway #1 and State Road ~6t15~,_as recorded in Plat Book ' No. 9, page No. 52, of the public records of St. Lucie Caunty, ` Florida; EXCEPTING THEREFROM, right of ways for public roads. ! , ,'THIS IS A SECOND MORTGAGE, being inferior to that certain mortgage ~ 'from HOWARD L. GREENWELL, a single adult, to CITIZENS FEDERAL ~AVINGS ' AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, in the amount of $5500.00, i dated September 29, 1965, filed September 29, 19G5, O. R. Book 127, ' page 414, public records of St. Lucie County, Flarida. i In the event that the mortgagors default in any payment or con- dition stipulated in any prior mortgage for a period of sixty days, ~r in the event of any default in a prior mortgage so as to cause such ;prior mortgage tQ be accelerated and become due and pay~ble during the' --,,;continuanae of' this martgage, then the entire sums secured by this mortgage sha11 become due and payable at the option of the mortgagee. ! ~ ' ~ I The Mortgagors covenant and agree to make all payments and perform ; ,'a~l conditions and covenants called for in any prior mortgages now ~ encumbering the property, and in the event of default in any such ~ payment or payments, conditions or stipulations, the mortgagee, with- ~ out waiving the option to foreclose, herein reserves the right to make~ jsuch payments, or perform such conditions or stipulations, so as to i maintain the prior m4rtgages and prevent a foreclosure thereof. Any ~ ''and all such sums paid or expenses incurred on ~er.alf of the mortga- i ;gors, together with interest thereon frvm the date of payment at the , ~ rate of interest prescribed in the note underlying this mortgage, ~ ;shall be added to the mortgage indebtedness and be secured by this ~ 4!mortgage. ~ ~ Privilege is reserved ta prepay this note and mortgage, in whale or ~ ~ ',in part, at any time withaut notice and without penalty. I . ; ~ ~ I ~ IN PAYMENT OF TRX~ R~CEIVED : ~ ~N7ANGIBL6 ?5R"~3NA~ P~rER?r. I DUE ON CLA-.S'C' ~ ~URS'JAN7 TO CHAPC`e~ U tuit G~~~~'+ ~ ' ~o~ R : oiTw~ as A9=:nt f°r ~=U TIS M. 1~~ S ~ . St. Ltlcie C.o fi f Tax , i~ ; gy DEPIlTY Cw'~ ~i ~oo~ 129 23 ~ ~ ~