CFN 20120243192 OR BK 25278 PG 0948 by return RECORDED 06/ 20/ 2012 12 :22 30 JOSEPH MANNING, ESQ Palm Beach County, Florida gigigg?st Palmetto Park Road AHT 200' 000. 00 Boca Raton, FL 33433 Deed Dec 700. 00 Intang 400.00 Sharon R. COHPTROLLER 0948 - 950; (Spgal MORTGAGE DEED 0 THIS MORTGAGE DEED, Executed the guy of 2012, by CHRIS ORGE, a man, whose post of?ce address is I e? 1714' 77 'na?er called the Mortgagor, to MICHELLE WATSON, whose post of?ce address is 8729 @gmn View Drive, West Palm Beach, FL 33411, hereinafter called the Mortgages: TNESSETH, that for good and valuable considerations, and also in consideration of the aggre named in the promissory note of even date herewith, hereina?er described, the mortgagor grants, bargains, sells, aliens, premises, conveys and-con?nns unto the mortgagee all the of which the mortgagor is now seized and in possession situate in Palm Beach County, rid, viz: Plat of TALAVERA P.U.D., according to the Plat thereof, as recorded 05, Page 44, of the Public Records of Palm Beach County, Florida. . SECURED HEREBY ARE NOT ASSUMABLE AND SHALL BE THE MORTGAGE PON SALE OR TRANSFER OF THE SUBJECT REAL PROPERTY. DUE AND PAYABLE IN TO HAVE AND T6 OLD the sanie, together with the tenements, hereditaments and appurtenances thereto belongin the rents, issues and pro?ts thereof, unto the mortgagee, in fee simple. AND the mortgagor covenm the mortgagee that the mortgagor is indefeasibly seized of said land in fee simple; the mort ggood right and lawful authority to convey said land as aforesaid; that the mortgagor will rther assurances to perfect the fee simple title to said land in the mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever; and that said land is free and clear of all encumbrances PROVIDED ALWAYS, that if said mortgagor shall pay unto said mortgagee the certain promissory note substantially copied or identi?ed, to-wit: SEE ATTACHED EXHIBIT and shall perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants thereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease, determine and be null and void. AND the mortgagor hereby further covenants and agrees to pay when due the principal and interest and other sums of money provided for in said note and this mortgage, or either; to pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature on said property: to permit, commit, or suffer no waste, impairment or deterioration of said land or the improvements thereon at any time; to keep the buildings now or hereafter on said land fully Insured in a sum of not less than in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the mortgagee shall have the right to Book25278/Page948 Page 1 of 3 receive and apply the same the same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to pay all costs, charges and expenses, including lawyer's fees and title searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to and fully comply with the agreements, stipulation, conditions and covenants of said note and this mortgage, or either; to perform, comply with and abide by each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, withOut waiving or affecting the option to foreclose or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law?tl rate the allowed by the laws of the State of Florida. 6? IF any sum of money herein referred to be not paid within 3_0_ days next after the - riftbecomes due, or if each and every the agreements, stipulations, conditions and covenants of wile and this mortgage, or either, are not fully performed, complied with and abided by, then 9?1"?1 sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall fo trait - therea?er, at the option of the mortgagee, become and be due and payable, anything in said herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or ns herein provided shall not constitute a waiver of any rights or options under said note or this accrued or therea?er accruing. year ?rst above written. presents the IN WHEREOF, the said mortgagors have hereunto signed and sealed these Signed, sealed in the presence of: GEORGE Print Witn STATE or COUNTY or The foregoing' instrument was acknowledged before me this/gray of Al (I 012, by Chris George, who ts personally known to me or who has prod ced I). as identi?cation. Notary Starn or Sea 12111120112 ?2 {11111111 1111111 300831585," ffoF lrl/ Book25278/Page949 Page 2 of 3 COPY MORTGAGE NOTE $200,000.00 June 2012 C) FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) pro?nises to pay to MICHELLE WATSON, or order, in the manner hereinafter speci?ed, the grindpal sum of TWO HUNDRED THOUSAND DOLLARS AND 100 DOLLARS ?00.00) with interest from date at the rate of four percent per cent per annum. The said 'nc' us] and interest shall be payable in lawful money of the United States of America at if}; ellington View Drive, West Palm Beech, FL 334] 1, or at such place as may herea?er be ?ti" by written notice from the holder to the maker hereof. on the date and in the manner ?gure principal balance of $200,000.00, plus accumulated interest shall be due and or transfer of the property located at 3485 Lago De Talavera, Lake Worth, FL .rri? 9N. by the maker he 8* Ifdefault but? 3. payment of any of the sums or interest mentioned herein or in said mortgagethe agreements contained herein or in said mortgage, then fault interest of eighteen percent shall at the option of the collectible without notice, time being of the essence; and said Each person liable hereon u, maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice nor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brou . if, after maturity of this notice or default hereunder, or under said mortgage, counsel shall to collect this note or to protect the security of said mortgage. Whenever used herein the terms ?holder". "maker" and "payee" sh be construed in the singular or plural as the context may require or admit. Maker's address: COPY Book25278/Page950 Page 3 of 3