HomeMy WebLinkAbout2872 ~ .r.d.~.~
YpRTGAOE DEED p. M~ppNA~ lR, Atton~ ~ RAMCO FORM RE6
lONO F011M ~
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I fo~t Piera, Flo?id~ 33~M
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\ 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.
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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
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=?W•~ mortgagors herein assume and agree to pay.
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~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.
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