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HomeMy WebLinkAbout2223~ _ •- ~ -~ r:.. ~~~K 28 P~r~ 92 S1. IUCIE CQUNTY. FLA. COLLATERAL ytORTG1AaE DEED ~G THIS COLLATERAL MORT(lA(IE DEED executed thin /p day of Janus, A. D. 1983, by MARINA AT FORT PIERCE, INC. , a Florida corporation, hereinafter called the mortgagor, to KICLITER OIL CO. , INC. , a Florida corporation, hereinafter called the mortgagor; WHEREAS, Kicliter Oil Co. , Iac. , on the 11th day of September, 1961, being the thea owner in fee simpte of the hereinafter described real property, executed its mortgage e4cumbering paid real property to Seventh Transportation Stations, Inc. to secure the promissory note of said Kicliter Oil Co. , Inc. of even date therewith and being in the amount of X75, 000.00, payable in eighty (80) equal quarter-annual payments of ;i, 535.73 each beginning April 1, 1963; and WHEREAS, Kicliter 011 Co. , Inca has, this dart', executed and delivered its deed of conveyance of the hereinafter described real pro- perty to mortgagor subject to the lien and operation of the above des- cribed mortgagts and the indebtedness thereby secured, which indebted- Hess, by the acceptance of said deed of conveyance, the mortgagor here- under did sesame and agree to prey; WITNESSETH, that for good and valuable constderarions, and aLo in consideration of the aggregate sum named in the promissory note above described from mortgagee to Seventh Transportation Stations, Inc. , which the mortgagor has assumed and agreed to Pay. the mortgagor hereby c grants, bargains; ae1L, aliens, remises, conveys and confirms unto the mortgagee alt the certain land o! which the mortgagor i. now seised and in possession sitaate in Saint Lucie-E'AUnty, lrlorida„ viss j. ~*