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~ Made thit 2ud. day oj dul~ A. D. t9~; . i
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~~bOtlft FBA3URE HIILL, INC., a Florida Corporation,
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~ _ oaUed the Mortgago~ . mid HENRY BANCOCK, call~d the Mortgagee . ~
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; ~~~h~ That the said bfortgagor. . ror and in co~ssideration of the aum o~
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~X ~'HOUSAND snd No/100 -----------(~60, 000. 00) ---------------~oUars. ~ ~
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I~ to it in haRd paid by the said Mortgagee . the recelpt when%'ti he~eby acknow!-
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; j erdg~d. hae granted. bar+~rained and sold to the said Mortga8ee . hi8 ~ heirs
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and auigns /orener. the /ollowing described land, situate, lyinp and being ~n the County of
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St. Lucie , State of Fiorida . to-wit:
{ All oi the SE 1/4 of Sectioa 26, Township 34 South, Range 39 Eaet, Lese and Ez-
f ~ cept thereirom the following: t;
i. (a) A strip o![ the North eit~e oi aaid SE 1/4 described ae beginaing at the NW
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corner thereof run thence East to the NE corner thereoi; thence earth a dietance
of 48.15 feet; thence weaterly to a point on the Eaet quarter-quarter section Iiue
i' ~ 46 fee~t south of ita i~rte~8ectioa with the Es~t-Weat quarter ~aectioa line; cont~ue
~ 2 ~ thence westerly to a point 43. 05 feet south oi point of beginning; thenc~ run North '
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; : to point of beginning.
(b) Rights of way ior public roads and drainage canala comprising the East 85 fee~t ~
~ .the South 26 feet and the West 50 feet, respective~q of said SE 1/ 4. .
~(c ) Beginning at the SW corner of the E 1/ 4 oi E 1/ 2 oi SW:1 /4 oi SE 1/4, run the e
north along west line thereof to a point 30 feet eouth of the South quarter-quarter
~ ~ section line; thence run West, para]lel with said South quarter-quarter section ~in
~ to a point on West line of SE i/4; thence South along said West line to South line of ~
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~~c~~g said ~rtgagor ~o e8 hereby u y ~ rant t/ee ti~le to said land, pnd will d%nd the
. b~ V same agairut the lawJul claims o/ alt per:ons whomsoeuer.
~~(1~~ ~ That if said Mortgagor . its hein, tegal ~epresentatiuet
or asstgn:. shall~the said Mortgagee , ]~ie legal representatiuei or auigrei, a
certairi promts~ory note. a copy o/ which is on the renerse iide he~eof. ared shaQ per/orrn and .
~ comply with each and ev~ry stipulation, agreement aad coaenant of said note and o/ this Mortgage.
` .~e ~ then thi~ Mortgage and the estate hereby created shall be uoid. othertaise the same shall remain.
€ . ~°D in /ull /orce and uirtue. And th~:aid Mortgagor conencue~ to pay the entere~t ctnd principael~_ ~
promptly when due; to pay the tares and auesiments on said property: to,carry in:urance agaenst =
~ O /!rt on the building oR said land jor not leis ihare 0, 000. 00 . approned bg the Mort- =
; gagee . with standard rreortgage loss clause payable to Mortga~ee . the poliey to be held by the~ ,
; " `e Alortgagee . to ketp the building- on said land ire prnptr npair. and to waivt the home~tead
4 u esempt~on. ' ~
~ . Should any ot the aboue couenanti be broken, then satd not~ and nil moneys secund herebg
~ shall. without demand. if the Mortgagee , his legal repreuntatiues or assigns. so
~ -i:~ elect. at onee become due and pagabJe and the mortgage be ~oreclosed, and all costs and expenses
~ j o/ collection of said moneyir w~ith or without suit, including a nasonable jee for the Mortgaget
attorne~, shnll be paid by the Mortgagor , pnd the_ same are heceby secund.
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~ I, v, ~ ~1~ ~~l1~SS ~~/1!~[~[1~~ The said Mortgagor hereunto set itB hand and
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~ ua/ the day and year Jtrit aboae writt~n. .
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~ Stgne sealed and deliuerid In our pniince:
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