HomeMy WebLinkAbout1558~ g~:~~ .3 2'77
THIS INDENTURE, Made the ~ day of ~ebr13ar1 A.D. 19 61 between
Noon Lue~a_nd 1slla they i,teo hits vet. '
of ~$~. Lucie County Fbrida, I»reinaher designated as tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corporation organittad and axbtirsp srrsder tM laws of tM UniNd State of America and Mring its principal place of
business in tM City of Fort Pierce, St. fact. County, FI«ida, Mrelnaher designated as the "MORTGAGEE." s
WFIERFJIS tM MORTGAGOR 4 justly irsdebted t~ the MORTGAGEE in tM aum of s~__10i000e00_ __ _, good and lawful money of the United
States adverted by tM MORTGAGEE unto tM MORTGAGOR, as widencad by a certain promissory note of Wen date Mrewith, of which the following in
_ 1[)~e jf~ is a trw copy, to-wito ~ 9102_
1[ (,~~(j G r Fort erects, F!«ida, FPbT•l1aT - 19~-
For value received I s ty aeverell~ promise to pay to FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION of FORT PIERCE, without
defdcation, tM aum of S_ _-_ L _- - ___ _
~~ ~~eC~ at ih office in Fort Pierce, Florida, with mtrrest ar the rare of _.6~6 _ peg cent per. annum.
payable in tM following manner: 20th
:_ g?! ?~ .upon the _ __ of each and every month Mreaiter until tM full prim pal wen, with interesr, hq been paid; said monthly
-payments shag be applied filet to the {~ ,moot of interest on the unpaid balanSe, and then to the payment of principal. Privilege of making payments in
advance of due dare is retained. r
This note h npotiabb and if defwM M payment occurs, may be placed m the hands of an anorney at law i« collection, in which evert 1 a we
agree -o pay tM cOab of collection, including a naaonable atrorney's fp, and each of us, whether maker, gwrant« « etsdorsar, Mnby severally waives
demarsd, ratite of ran-payrnent and progst of thisnote. r' - /st,,,, T ,•..,..
Received = ~ ~ - in payment of taxes due--°~"•'~") "~"6 ------ """' •
_ ~r, z
on Class "C" Intangible Personal Property pursuant te-----~-'/ r. r 11a ^"y i,ue K __-- --____-- (SEAT)
Chapter 20 ,laws o! florl~a. Act got 1941. _ ___._ (sEAu
r
_. (SEAL)
~ 10..t0 T Sta» Revenw r i r / / ~~ ~~ > > •~ --- -- - --
(Stamp: cancelled on «iginal note) Tax Collectof, St. Lucie unty, flo~dR 10 , 000. ~0
NOW, THEREFORE, tM MORTGAGOR f« tM purpose of securing payment of sa sum of S-_ ,and the pert«mance of tM ,
covenants and agreements hereinafter expreaseo, and f« divas good and valwble considerations, by tMw presents, does Brent, bargain, sell, remise,
release, t'onvey~nd epniirrrrrr~~ unro tM MORTGAGEE, ih succeason and afaigns, all that chain let; pier or parcel of land, situate, lying, and being in the
County of t• Leal a and State of florida, dscribed as follows:
T'arce] No• 1 The W~ of the NW~ of the SE~ and the SW~ of the SE~ of Section 7, Townshir 35 South,
Ranl•,e 110 East, containing iri all 50 acres, more or less Less rights-c±f-Tray for n~:rlic
roads and drainage canals, and being approximately 46 acres, nets
Parcel No. 2 The South 50 feet of the North 600 feet, measured along the East side of the T1.5.
Highway No. 1, and lvirTfr East of said HiKlTway in the NE4 of the SE4 of Section 6, Township
3!, South, Range Lt0 East;
I cartel `~.
3 ~..Nn ALSO The South 50 feet of that part of the Nw4 of the SW; of Section 5, Townshiv
3!r S -uth, Range Lr0 East, lying East of the above descri bed tract and k'est of the Florida
East Coast Railway right-of-way, the South lire of both tracts tc be parallel with the
'Vo''th line of said SPCtio•t.9;
F.XrF.!'f ri ght-of-xav for Old Dixie HiPtTway.
ALSO;
parcel No. li Begin at the NorthTrest corner of the NE?- of the SF4 of °ection 6, Townshir 311 `:e~ith,
Ran--e LGrast, and run East on the said quarter line ?39.65 feet, more or less, tc the ~ .
East side o~ the rif;ht-r~f-xay of U.S. Highway Noa 1, thence southeasterly alonE the East .
ST(1P of ~ai_ri r; oht._of-tray 600_ feet to the point of be~'ir~ning of the tract herein
described, and thence East parallel to the said Section line to the East line of said ,
~er'tion and contin~,e East ir) LhA NW4 of the SW4 of Section 5, of said Township and rtan~e
to the 1NPSt line of the right-of-way of the Florida East Coast dailway, and thence alr:ng
said right-of-war in a Southeasterly direction 459.E~6 feet, thence west parallel with the
sari Section line 30.2 feet, revere or less, to the West -line of sari NW4 of the Sw4 of
said Section 5, and thence North 15.3 feet on said quarter line thence West in saf~i '1E~ of
the SF.~ of said Section 6 to the East line of the right-of-way of said U.S. HiQt+way No. 1
and thence Northwesterly along said ril'ht of way l~41.29 f.-et to the said starting point
o° the tract herein conveyed, excepting however, the right of waV of the Orel Dixie u'_Phwav,
and env and all !utility easements;
rlJ~rF;TriER 5JTTT1 allb~.rildings, improvements, fixtures or appurtenances now or hereafter
erected on the stove described real property,. including all apparatus, suns, equipment,
fixtures or articles, whether in single units or centrally controlled, used to supply heat,
Pas, air-conditioning, water, light, power, refrigeration, ventillation, or other services,
and any other thing now or hereafter therein or thereon the furnishing o?' which by lessors
of a complete restaurant business to lessees thereof is customary or appropriate, includi^.r
screens, win~'.ow shades, drapes, storm doors and windows, floor coverir'Ra, screen doors,
atrningq, st.nvPS; nveng; valk_in iceboxes, anti water heaters (all of which are intended to b
and arw h_ r?rohv'rior•larwd tr, ha a tv+rt of said real estate whether physically attached thf•rFt
Oi= itGt j; and ai6o LOj?et ici wit ~ ail 2a5Pments and rents, issues and profits of said
premises which are hereby pledged, assigned, transferred and set over unto the mortgagee,
whether now due or hereafter td become due. The Mortgagee•is hereby subrogated to right°
of all mortgagees,lien holders and owners paid off by the proceeds of the loan hereby
secured.
Also S`i~?? PER~CNAI PP.O>SGPTY as Mortgagor may place on the mort~aRed premises Scr use
in the condur,t of eer.eral restaurant „usiness, including, but not Limited to, tables,
c~airs, pots, pans, and other like items of personalty.
ALSO;
;"~P.~ '.~. 5 The North 7la9.10 feet of the South >'062.3~ feet of that part o° Sections P and 9,
Tow^ship 3!I South, Range l~0 East, StxLucie County, Flcrida, 1}~Snj; Ear.t of the
Flori'ia East Coast icailway.
This is a second mortgage subject to a first mortgar~e to First Federal :-av! ngs
and Iran Association of Fort Pierce, Florida in the amount of E105,000,00, dated
Auj?ust 25, 1960, and filed in mortf-a~~e book 167, pare 551, public records of
St. L':cie County, Florida. Thf c iS ~ Sc'r'nn.'~ 'rorfr.e "~' 8S }'' P-~rr~•1 *'ncr
" . ~ . and !! . anc~ a first mortaAce on Parce i IJo;' ~.
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