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_ _~,.yT~nsen t~il Awrs _ 2nn ~Flerid.a Cernnrati_ et? t 1
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Aisocu?TION cf lORT neta. . oo~porwo~ oro«Js~a «~d ~und.. ~A. bw. ot th. uM.a s~a.. of Aw~k. .~a AwMa ~ w~v+~ P~ ~
OINYMN MI ~M CMy O~ fMl'Mfqr ~1KN COIMMr~ HOf~ MNMNIMIIM ~Y~d M~M ~~RTGAGEf+~
WHERf/lt IM MORTGA~iO! U h~Mf? I~d~b~d t~ th~ MOR1W?tiEE N tM ww of Yood and ww(ui ~y of th~ UNbd
aNt~s ~dva~~o~d b11 ~ MORTG/1GEE aNO NN MORi~iACrOR~ a~ widN~ad b1? ~ artNn p~o~alaory eoN of ~v~n dN~ 1~~widb of wlad~ 11N follovvino In
' ~ word~ aed ttouna M a t~r~ aoov. to~wk~ . T
' Loan ~3~s3~b ~
! 19 600.00 . ~
~ ;_____t._~.~- Fo~t Pierce. Fla.,._.StQp~mhs 19.~1•.
t~ - - :
~.rn o~-be~ora._Ba~amher_.,~._...~. 19_b~... next she~ date. 1/we. jointly a~d severally. as principol. t;
p ro m i s
e ro p c
y t
o t
h e o r
d e r o
f_ F~] C s~ A$$ o ia tio oP Fort ~ ; i
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~ ~~w~r~~w~~~~~~~~a~~~~w~~~ ~LV1R.7 ~ ~ , !I
~ i,~ at ita oPf~g~ - Fort Pie~rc,,e,~ F~lorida ~ ~ ~
~ Fo. w~w nc.jwe~ wiM kwerat ,k.r_.+da~i~_ at t1?..at. a_.sL._ v«c.nt w• ~ w~4 int«wt v~.~raeb8o"`.~nrwar. ~ _
~ ~ Noir ~!?add M bcaw~ eMCeuarY to cdMet fl~is raM an Mt~rr~y. ~iflw of ~w. wMfMr nwk~r. wn+ritr a«?don~r an 1Ns rob l t
Mnb~y +~rN b pay aH oosfs of oollect~ M~+L a n~o~ ~1~5 fi~. -
TM drawws ard endonsrs sevwal~Y waiw 0~~~. P~~ !nd notie~ oF fx e
f M
k ~ o
f~. a n d d l d e
f~ e w on _ ~
~ 1M p'and of extM~sion of th~ time of ifs ?~c~ ,q 1M ~,y~,~ K~.. a. t
~ ma
Os
~ t e"o' ~,o' o~''' h~o
~dei~""An~ ~i~u~~a r~~~~~~t~~`~i~l°~ ~,+7~di~.. ~ .
,:~ng~ala~ce shall be due an~ payab e at ona . Jensea Buildere~ Ina. ~~p
No. Due . -
. B~= . ~ .
r ~ tSeap ~ ` ~
~ tSeaD `
~a~ - r.._ `-'itttestt s c - `a
~ ti . .
29-l~~ ~ s~. a~~.~-~~......_.,..._.... - - - _ -
; ~'~0` ~ ~ 19. 600~00
Now. ~fE~ORE. ~h. Moa~ttil~ooR ia +h. prpaN af ..aeMO w~«K at Nld .ww of ~ .ed Mn n~rtawMw ot +h~ .
oov«ww aed aor~wnM INe~Mwtw ~apNwd and tor dwn ~ood ~ed wlw6b oeald~rMto~? b1? tMM prwM~, deM orMM. b~•~+~;~ ~~r
r.Mw~ oe~n+1? and ~ wMO th~ MORTtiAfiE~ iK woo~e~on Md a~wb dl tA~t artaM lof. ~ a~al af IweL MIU~M, M~Y• ~d ~"0
~y ~~~3,nt Luaie ~ .,~d sw. of fk~i~ d~,ib~d a. toMow~ ~
Beginning at a monument 2,~ feet Seat of tha 3outhweat aorn~ar of the North 300 , .
feet of the 3outh 535 _ feet of the NE~ of the 3W} of Seation 15~ Tot~ctship 35
3outh, Range 1~.0 ~East~ lyir~g West of II. 3. HighwQy No. 1, thenae ru~~ East 480 -
feet along the 3outh line of the abova desaribed property, t2zenae run North :
300 feet, thenae run West 480 feet, thence run 3outh 300 Peet to tiie point or
beginning~~ADDITIONAL COVENANT3~ F
The mortgagore covenant and agree that thay vi.ll aom~enoa the development of the
above describad real property for subdivision into_reaidential lot8 on or before
nine months from the date hereol~ and mortgagore 21u~ther oovenant and agree that
they xi~l make the improvementa Whiah ahs].1 be requfred to subd~vide.the above
traat ~nto not more than 10 reeidential lots, each having a minim~um lot•area of
10,000 aquare faet..~ Mortgagors further aovenant that they ahall cauae a plat .
of saicY subdivision to be aaaepted by the proper ofPiciala of 3t. Lucie County,
Florida and shall place the same of reaord in said county. After the acceptanae
and reaordation of the above mentioned plat and ao long aa ~oaortgagors are not in -
dePault of any payn~ent When due~ or any other covenant aontaiaed in thia mortgage
or the note seaured thereby, mortgagea agrees to releaee from the lien and operat- -
ion hereof of.any aingle lot according to proposed plat submitted by mortgagora,
as follovs: Lote 1 or 10-$2,900; lota 2,3,8 ar 9-$2s610; lota l~ or ~-$2,030;
lota 5 or-6-$1,7l~.0~ together with interest accrued on auoh principal payment from -
the last interest paymeat date, . ` -
. ,
. dt
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TO HAVE /1ND TO NOtD th~ abow daarW~d ~ed 4reiM~d PrNiN~t wMe tM wld MORTQAiGE~. Ms ' Md tM sM/
F M~O~iGAQOR ior { ti~ - 1»h~. ss~aile~~, ~d~YilrMOe~ ~nd aMlOern I~e~b~? oo~wi+MM~ wW 1M ald
t i s Nisd ef tM wid p~a N fN ~Mipbu fhM MN w~r ~n kM,, s!w ~ Nw a~i
~ br.ao.. W bw or b.quM~?. .wa th~t it wi~ .nd i ts i~.r..l~.~ wat
MOlTG~ IM WOO~f~OfS afYd MY011~, ~ONl1M ~I~f 11M Iaw~Yl t1i11M afld dMI1M1~ Of ~~f'~Olly ~ ? S b~
~RQ1/f0~, AlWA1R thM N tM MORTQJK'rOR ~MN p~? uiMS th~ MORTGAQEE tb~ pondMOry weM ~ !s
# wd fuM1? P«~~? d~w'~. ~aaM~ ~a~pMM, ~o~nply whk and abid~ b~r weh and rwrr tIM ~ d s~i~
, 1 pow~ory nob ~nd ef tli AAo~top~, 11+~n ehb Mort~ and ti» EaaH Iw~b~? a~M~d tMM aw
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• ~~1~ ~ p1Ut~ ~OiMh Mld MMM~Iir ~ 1110f~! 1~1Y1 pM. ~nd 1hM NM MtOfd 11Mir" M IIMd ~IIyw11Mr N t0 111Mw °hl~r° ~Mf~~
0/ °~r~ M1IMf~YM 1IM OOIIM7a f0 YI~M Of ~ 1~W Mf~IMrYM 1~IM~ ~(~MMIOi ~I~N OOIMi~IMd IC ~11'r O~
1~M pY1~M ~1MM0. 1~M NIM t~ b! OOI1Nf11~ t0 NMi11 W~ M 1EN ~M~f~r t~Y~ Of 1~M ~ .
t ~ f'M~Ki1M~ f
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Alld li~l~ MOf10i00H~r ~~Of ~ MM~ 1~1~ ~M~[~r t~IM~11~~~~~r NIOO~I~OH ~~Npll~r ~1~(~ Md w11M~ a0'YMM~~ Md ~1~M
1, 10 Mld MI~1~1 1~M ~Q~i ~ p100~1~0li Md M~11b .
TO ~ ia M~ ~~t 1~N Pf~fIR~ MI~ ~IM~fMf alld 1~M YM~OIN.i11~ iYll~r MI~ Of AOIMr Y~111/~ O' Of0~M0/y 110Mr Md ~
f \w011op~lr iAd lIIMy~ ~fOl~lh ~1 1~ ~ l~M~ ~If ~~M~ ~Mt~ y001M ~M. -
T~ ~y ~ Mld NII~~I ~If ~iiMir M~MMIIM~ ~/Y~ ~~M~M Md /11p~fM~OM Of IYMy IIMIf! ~ k~ IIOw p1 i~
p1alMlr1 01 ~1M ~1~fN~M1 IMy M~OM~r MI~M'~r P~~~ ~M~ Of ~M~M~ ~1M~OIV M~M ~IMN~Mi ~y ~ 1~111~ N MNM~+ YVOw ~ MOf~'
~ ~f~ Of fM IA~I~MM MOllf~/ ~f~~ M/ IVMrI M1~1M1 M M+ ~ i~Of~ M~~ ~ MIl~ ~C{I~M ~11~1M~~ Md ~Olr Mlr ~/f~M -
~ ' an.clr or a~r p«wNp Ia Miawndr AND 1N50F~?It wt ~Wtt tHEREOf ~ oi RtC01lD THE fAME ilwt ~E ~O~Ar'Rr :11TISf1~ I?ND D~lNeCfO oF
~ AMO TNE ORKi1NAl OFfIC1Al OOGMAENT RNCM A!? fOR INSTANC~ iNE TAX RECEMT O! TIIE SATiifACT10N ~A*ER OlRdALL1/ Hi00RiED
~ OR CHTifI~ ilWl /E MACED IN THE NANO~ Of 5A10 MORTGAtiEE WiTIMN THt OJ1Yt I~XT AfTB ~AYMENf~ a~i 1n tlr ~~1 IAM ~Mrwf 1~ nM
~ p~id, s~t:s~i~d ai/ ~dw~d rid MOR7GARiEE rwq M awy tiw~ py? 1A~ ia~ or a~f? P~rl IMr~ef wMhoYf wNvi+o M at~Yp aw~? e01MR. wR ~qrMy M
NqIN i~~ a b'p vY1w ef ~hls maqp~ Md *e 1rM awasN of Nd and w~y wd+ /+1~ s1yM b~ i~w~diNelp rw d pyNbM aed ~Irll bw MMn~M
~ ~.o~ ~ dw 1Mnaf Mwp pNd N nN of nis~ p~r amew pw a~ww and b~Nw waA wd~ tnw~M ~h~N b~ rcw~d b1? dr Ww ef dds ~wrytp~. .~ao
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