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HomeMy WebLinkAbout2872 ~ .r.d.~.~ YpRTGAOE DEED p. M~ppNA~ lR, Atton~ ~ RAMCO FORM RE6 lONO F011M ~ ' ~134 ~ ~ ~ ~ I fo~t Piera, Flo?id~ 33~M ~ / _ ~ ~ r i \ E.x~u~~l ~hP 9~ day o( May A. D. t9 74 by SAIRLEY HUNTER hereina(ter called Il~e mo?tgagor, to CLAUDIA H. McREEVER hereinaJier called Ihe mortgagee: ' (H6ere.Yr uxd 6erein t6e terms "morcaa~or~ and "mortgaSee" inrludc aU the puties to thia iasuuseat aod tLe ?sin, ~ le~al represe~tati~es aod asu~m o( iedi~~idwls snd t6e wccess~ra and assiSns o( cwPwatioa+: a~d tAe ura~ "oote•• i inciudes all the notn 6crcin dexribcd i( more tsan one.) If ~~tnQ~e~~ that /or good and valua6le considerations, and also in consideralion oj t6e aggre- I gate sum namecl in if~e promissory note oj even c~ale {~erewith, ~PMlRQJler descri6ed, the mortgagor ~ere- ~ 6y 9n,nts, 6ar~ains, sells. aliens, remises, conveys and conjirms unto the mortgagee all the certain land j o~ which t{~e morfgagor is now seizecl ana in possession siluute in St. I,LiCl@ County. ~ t'~oric~a. riz: ~ DO ~ ON MY ONE HALF (1/2) UNDNIDED INTEREST IN THE FOLLOWING PROPERTY: ~~'OD ~ That part of Lot 4, of LARE OF TAE WOODS Subdivision, an unrecorded ,~-7~ plat as shown in Deed Book 172, Pages 30-32, of the Public Records ( of St. Lucie County, Florida, described as follows: Beginning at a point 50 ~eet Northwesterly from the Southerly line of Lot 4 on the East right of way line of U.S. Hwy. #1, as enlarged from fortner 66 feet right of way; thence run Northeasterly parallel with the South- ; erly line of Lot 4, a distance of 150 feet; thence run Northwesterly • ; parallel with the East right of way line of U.S. Hwy. #1, with an in - side angle of 78 degrees 24 minutes a distance of 53.4 feet; thence I~ Southwesterly to point on U.S. Hwy ~1 that is 50 feet Northerly of the Point of Beginning; thence Southerly along the East right of way ~ in line of U.S. Hwy. #1 to the Point of Beqinning; said parcel being ~ located in the SE 1/4 of Section 22, Township 36 South, Ranqe 40 cv East, St. Lucie County, Florida. j ' ~._i~:; rrr This is a second mortgage and is inferior to the first mortga held b Citizens Federal Savin s and Loan Association of St. Lucie j ~ ::,~~K y g ! , page ~ s , ~ ~ ~L County, Florida, recorded in O. R. Book `i~~ Public Records of St. Lucie County, Flori a, w ic mortgage t e . - =?W•~ mortgagors herein assume and agree to pay. i Q:~ ~ ~LJzf~ ~ In the event that the mortgagors default in any payment or ;t~S~Y ~ condition stipulated in any prior mortgage for a period of sixty N days, or in the event of any default in a prior mortgage so as to 4~~ cause such prior mortgage to be accelerated and become due and pay- ~;~i;~~iE~ able during the continuance of this mortgage, then the entire sums r~; t i Z p secured by this mortgage shall become due and payable at the option ` of the mortgagee. _~.r~~ ..GtE :~~"':r The mortgagors covenant and agree to make all payments and perform all conditions and covenants called for in any prior mort- gages now incumbering the property, and in the event of default in i; any such payment or payments, conditions or stipulations, the mort- gagee, without waiving the option to foreclose herein reserves the ~ right to make such payments or perform such conditions or stipula- tions, so as to maintain the prior mortqages and prevent a fore- closure hereof. Any and all such sums paid or expenses incurred on ~i behalf of the mortgagor, together with interest prescribed in the note underlying this mortgage, shall be added to the mortgage in- debtedness and be secured by this mortgage. Privilege is reserved to prepay this note and mortgage in ~ whole or in part at anytime without notice and without penalty. ` ~i s ~Tb 111 PA'fM?EM~ ~n. f; RECE~~ IN111l16~ 1W1•M~ ~ f L~ r~ 1 to ~~~~pom~??s~~ oo. - , c~~ , . 4 ,E " _ ' i~~.~ . ~ ~x:" z,~.._ ~,F .