HomeMy WebLinkAbout1158MGITGAGE OEfD pV. ^. ~~ E'~~C ~~ Z D~tW'f fOtrlt t. E. • lea o.laUOrod and Iw solo sr la• M. i W. ~. Urar Ca~,roq
IONG FOtM 9^r'K J loc k+on.lll., flulda
l:xer«-ed the ~L'-~ d«y of November A [~. 1y62 by
HARRIS CONSTRUCTION CORPORATION, a Florida corporation,
hereinafter called the mortg«gor, to
FLORIDA BAND AT FORT PIERCE
~~
hereinafter called the mortgagee:
(N'hcrn~er used herein the trrm+ "mortgagor" and "osortgal qrd' include all the panle+ to thi+ imt+ument and the heirs,
Icgal rcprcuntatisn and assign of indi.~iduals, and the succnu-rs and assigns of corporation; and the term "note"
irxlude+ dl the notes hnrin dexritsrd if more than one.)
~itnesseth9 t{iat for g00[l atld Vahltlhl? tY)nStderatl0rt4, Mld also In c0rlllderattorl of the aggre-
gate sum nnmed in t{te promissory note of even c{ale herau+ith, hereinafter described, the mortgagor here-
by {tranls, bar-tains, sells, nliens, remises, conveys and confirms unto the mortgagee all the certain lnrd
of which the mortgagor is now seized and in possession situate in -5't. Lucie County,
{'loridn, viz':
Lots 15 and 16 of Block 5; and Lots 1, 2,
3, 4 and 5 of Block 8 in ST. JAMES PARK,
a subdivision of the SW~ of the NE~ of Section
34, Township 35 South, Range 40~ East, as recorded
in Plat Fook 5, at page 58, of the Public Records
of St, Lucie County, Florida.
I~ The mortgagor shall be entitled to a partial releas ~ as to any
'; one o: more of the several late subject hereto upon making
'~ payment on p: incipal at the rate of X500 per lot. The right
to such partial release shall continue only so long as the
mortgagor is not in default of any of the terms and conditions
of this mortgage. Further, said right to a partial release
~i shall not be waived by the mortgagor's failing to insist upon
the same at the time of making a principal payment. Any
~ prepayment made by mortgagor to obtain such partial release
shall be applied against the next scheduled principal payment.
K~,~ __~ G_~ .. in payment of fazes due •:r,
Ctass "C" Int~nq b'e Petsonel Property pu suant to Chapter
~e ~ •f Flor~ is of 1 11. ~.
.....~~,,s_~s
p Goltoctar, St+ Lucie County, Flo