HomeMy WebLinkAbout2744 • THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUS UPON MATURITY
' I3 ~ 20,604.29 ,TOGETHER WITH ACCRUED INTffitEST, IF ANY, AND ALL ADVAACS~1'PS '0
MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE. 4'7635
THIS MORTGAGE DEED. ttsade std acecuted the 20th ~ . l~
~ RICHARD L. LLOYD and CAROLS R. ~LLOYDt his wife, ^...~_.~..~.M-.~__..~_.....---...~..
berdrtaftlr aUed the It[Ortgatot~. which terra shall iacJude the heir. kcal represenatira. suacdsors and tusigas of the aid
Mortgagor wherelrer the coataut ti0 requites a< admia.
~ RICHMOND M. HARMAN and DIANE W: HARMAN, his wife,
hereinafter aUed the Mortgagee. which term shall include tha heir. legal representatives, successors and assigns of the aid
Mortgagee whertver the ooate:t io requires os' admits. -
WITNESSETH: That for dicers good sad vahtrabk considerations. and also in consideration of the aggregate sum
named is the proasissoty note of erea date herewith hereinafter described. the said Mortgagor does hereby grant. bargain.
sell, alien. remise. release. convey sad ooafirta uaw the said Mortgagee. his heir„ sucoeaors sad sssigas, aU the certain
pkoe-. pat+cel_ otr tract- of land. of which said Mortgagor is now seiacd and poaeiied sad is actual potion. sitoate is
the Ctrraq of ST_ Td1CTF. and State of Florida. described as follown:
Lot 3, Block 121 of South Port St. Lucie, Unit 4, a Subdivision according to
.the Plat thereof, recorded in Plat Book 13, Page 11 and 11A thru 11C of
the Public Records of St. Lucie County, Florida.
THIS IS A PURCHASE MONEY SECOND MORTGAGE.
' A DEFAULT IN THE EXISTING FIRST MORTGAGE, WHICH MORTGAGE HAS BEEN ASSL7~D
BY THE MORTGAGORS, SHALL CONSTITUTE A DEFAULT IN THIS MOR'T'GAGE AND ALL SUMS
DUE MAY BE ACCELERATED~WITHOUT NOTICE. -
O p =~sl'/. DO ~ PATiRNT Of TAB _
3 3,, 8UE OM CLASS 'C' INTANBtBIE PERSONEL PR9PEftTY.
PNR51lP.NT 7fl CHAPTER 71.134. ACTT Of M71.
R06EA PORRA>Z
tXfR>< q;ZCIJIT CAiIiCT, aT. Ll1gE p~~l~ .
~
GO`lil~lENtARY SiNM?' T~' ? ;
j `="z -
i + ~ DEF';. f~f RE,YENUc :=f~.'`~}::;
N P.B. r i.• 5'~'.
' To HAVE AND TO HOLD the same, together with all and singular the tenemenu, hereditament: and appurtenances
thereunto belonging or in anywise appertaining and the reversion and reversions, remainder and remainder, rents, issues
and pro[its thereo[ and also all the estate. right. title. interest. property, possession, claim and demand whatsoever as well in
law as in equity of the said 1lfortgagor in and co the same and every part and parcel thereof unto the said Mortgagee, and
o his heirs, successors and assigns. in fce simple. •
And said Mortgagor. for himself, and his heirs, legal representatives, suaesson and assign:. hereby covenants with said
~ Mortgagee. his heirs, legal repreaenatives. wccesson and assigns, that said 1lforcgagor is indefeasibly seizod of said land in
i fee simple; that the said Mortgagor has Eull power and lawful right to convey the same in fee simple as afotr_aid; that it
shall be htwfnl for said Mortgagee, his heir, legal representatives, suaesson and assigns, at all times peaceably and quietly
to enter upon, hold. oaupy and enjoy said land sad every pan thereof; that said land is free from all incumbnnces; that
E said M
ortgagor, his heirs„ legal rcpreaeatatives, wooessors and assigns, will make such further assurances to perfect the fee
simple title to said land in aid Mortgagee, his heirs. legal representative:, successor: and aaigns, as may reasonably be rc~
quised; and that said Mortgagor dos hereby folly wamat the title to said iand and every part thercof and will defend the
same against tht hwful claims of all ~petgati whomsoever.
i
( PROVIDED ALWAYS, That if said Mortgagor shall pay unto the said Mortgagee the certain promissory note, of which
the following is wads and figures is a true copy, to-wit:
This tnstrume~! Prepared bn
LARRY E. SUCHANAN
C1tAR.Y, Bt1CFiA~IAt~ a, INEGp~SS
~ Chartered /lttorney,
SSS Cdo?ado Avnn,~
E .