HomeMy WebLinkAbout2837 -
. w
i
L~~~ i J t+
~Q I~Ve ~ ~ fhs same, together with the tenements. heredilamenes and appu?fe-
f~
Trances thereto belonging, and fhs rents. issues e+nd profits thereof , unto the mortgagee, to j.. simple.
the mortgagor rnvenanis with the mortgagee that the mortgagor b irtdejeastbly seised of said
land to fee simple; that the mortgagor has good right and lawful authority to contwy said land as iajore-
said; that the mortgogo? will make :uch further assurances fo perfect the fee simple title to said land in the
mortgagee as may reasonably be required; that the mortgagor hereby juUy warrstnts the title to sold land
~ anti will defend the same against the lawful claims of all persons whomsoever; and that said land is jn..
and ~ clear of a!1 encumbrances except taxes accruing subsequent to December 31, 1919,
I and that certain Mortgage in favor of CITIZENS FEDERAL SAVINGS AND LOAN
ASSOCIATION OF ST. LUCIE COUNTY, dated September 12, 1977 and recorded in
Official Records Book 274, page 413, of the Public Records of St. Lucie County,
Florida. -
- .J~ - -
~U~ ~U~s, tGwt i j• laid ww.eg.oor ahaU pay tsrtto said mortgage. the certain protnis-
sory note hereinafter substn?rtially cople~ er edrnttjled, to-lair:
MOIrTOAO[ NOTt
s 5,000.00 Ft. Pierce . Fbrida
February 29 . t9 80
FOA VALUE >I:BCEIY.ED, the uwdeniSued, (fatally aAd seversUy. it arore than oat) promises co pay to
RICHARD R. McNEELY and CAROL A. McNEELY, his wife
or osdcr, ~n the AWWer hereitratter specified,
the priwtipal .um of FIYE THOUSAND and NO--------------------------------------------sfitt0 DOLLARS
t i 5 ,000.00 )with iwteseee tros date at lira seta d 12 per oat. per- aAAUSa ow the balaoa teotA time to eiare remainiwE unpaid. - -
The said principal awd iwterat shall be payable iw kswtul swoaey of the UAited Stew a[ America ai
a at such plan u may bercatter Ire drsirwtod by written notice from the bolder t0 the maker bend, ou
the date aAd iw the snaauar tot3owiw~:
i
Face amount of this note and mortgage payable
with interest thereon, from this date, at the
rate of Twelve percent (12x) per annum, in
E - 18 monthly installments of ;111.23, and one
final Balloon payment of : 3,798.9b The
first installment shall be due one month from
the date hereon.
The maker of this note reserves the right to
prepay, in part or whole, at any tune without
-penalty. ,
'I1ris wore with interest is secured_ by a mort~a~e ow rwt estate oI eran date herewith. atade by the maker btnof IA ia'ror of the said
payee, asd shill be e0aitf{std sad eota+oed acoordrs~ t0 the laws oI the State Ol Fiords. 1'be terms of sad mort~aSe ase by tba relerencs
made a part hereof
I[ defatrk be wrade is the pay:ACwt of any d the sums a interest mewtioned hereto or iw said srrort~ase. a in the pedorisawre d
anr~ d the a~e~e oootiiAed hereto or iw said wortsa4s, tbea the satire priwcipai sow awd accrued lwtese:t shop st the optiow d the
hoiden hesw[ beeom at owoe dus sad oolkets~le witbowt wotitoi, time oI the esanoe: awd said wm awd s•-trued iwtetra
,hall both bear interest tram such bare uau7 paid at the hishnt save allorra uwder the laws d the Florida. Faibrre to esurcisc
this optiaw chap snot oowstituts a wairsr d the right to eaescise tM sawn lw the eteAt d awy srrbaequeat defsuk.
Each persaa Bible bereow whether raiker or ewd~onet, hereby waives pseseotsassrt. protest. notiu Aotiot d prowl sad trotiee d dis.
honor awd afrea q pwY all oohs, ineludiwg a reisowabk attorAey's fee~ whether suit be beoutlht or ital. il, attar aoatrrnq of this vote or default
he:euader, or usrdar said moetsap, ootswed shall bo esopbyed eo ooikct this sots or to protect the sec et said sAOrtsado.
Whewetrer used 6eraO the teitwa "hoiden", "makes" and "payte" shaD sit plural as tht cOAtext trray
require or admit. {
ittsker's Addrtas J~1 » ..................».......».......-...-.........(S~.AI.)
..........»...........--.(SEAL)
t~HHA~b'~.~