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LEGAL description continued from Page lA of Carrected and Arnended Mortgage
Deed dated September 24, 1965 from LYON. CITRUS GROVES, ING, to
WALTER E. HELLER & COMPANY OF FLORIDA
TOGETHER WITH an easement osrer the South 25 feet of the SW 1/4 of Section 7~
Townahip 36 South~ Range 3$ Eaat for drainage and irrigation purpoaea on the ditch
dividing the above described property from the SW 1/4 of Section 7 as above
described. Subject to a reservation of an eaeement to Mortgagor over tht North 25
feet of Section 18, Township 36 South, Range 38 Eaat~ being reeerved for canal~
ditch~ drainage and irrigation purpoaes, it being the 'ntention to aet up a 50-faat
' common canal, dike~ road and drainage easement for drainage and irrigation
purpos~s on the North boundary of the property herein conveyed 25 feet on either eide
of the Nnrth boundary line.
TOGETHER WITH an easement over the South 25 feet of the North 13Z0 feet of the
~ NW 1/4 of Section 18 for drainage and irrigation purposes and subject to ar? eaeement
I~ conveyed by Mortgagor to B. E. Greene, Jr, in O. R. Book 64, Page 52~ St. Lucie
County recorde, over the South 25 feet of the North 1295 feet of the NW 1/4 of
Section 18 for the purposes of irrigation and drainage, it being the intent to eet up
a 50-foot comman canal, dike, road and drainage, eaeement for drainage and
irrigation purposee on the ~outh boundar~r of the property her+ein conveyed 25 feet on
either side of the South Doundsry line fvr the common good of the properties herein
conveyed. ~
~ THIS IS A CORRECTED AND AMENDED MORTGAGE DEED CORRECTING AND
.
~ AMENDING THAT CERTAIN MOKTGAGE DEED DATED MARCH 6, 1964, EXECUTED
_ _ - _ - _ r _ _ _
BY LYON CITRUS_ GROVES, INC. RECORDED APRIL 30 1964 IN R. BOOK 8&„
, PAGE 454, ~ ET SEQ. OF THE PUBLIC RECORDS OF ST LUCIE COUNT Y, FLA. ,
AND THEREAF'~'ER AMENDED BY CORRECTED AND AMENDED MORTGAGE DEED
DATED JUNE 10, 1964 RECORDED JUNE 18 19 IN . R. BOOK 92 AGE 72
i ET SEQ. OF THE PUBLIC RECORDS OF ST. LUCIE COUNT Y, FLORIDA, AI~IEND-
~ an RRE IN THE ABOVE DESCRIBED MORTGAGE IN THE FOLLOWING_
i A IN TH LLO IN RESPECTS C7NLY: - ' ~
~ (1) Inserting a legend indicating that this Mortgage is a Balloon Mortgage
as required by Section 697. 05 of Lhe Florida Statutes Annotated.
~L~
That certain Release Clause contained in the said Mortgage Deed aforedescribed
dated March 6, 1964 is herewith amended so that the same shall henceforth read a~s
followa:
Provided that Lyon Citrus Groves, Inc, is current and not in default in any af its
' obligatiana unto Walter E. Heller & Company of Florida herein, or under that
~ certain prorniseory note executed March 6, 1q64 in the sum of $100, 000. 00, the
Mortgages agreee to release from the lien of thie Mortgage the following parcels
~ af prop~rty, upon payment ~o th~ Mortgageeof the sums hereinafter stated, to wit:
a) Upon payment of $20, 000. 00 trie following parcel shall be released:
PARGEL ONE: .
The N1 /2 af the NE 1/4 of the NE 1/4 of Sectian I8, Townehip 36 Scsuth, Range 38 East;
~ and the S1 /2 of the SE 1/4 of the SE 1/4 of Section 7, Townahip 36 South, Range 3$
East, St . Lucie County, Florida.
AND
The NE 1/4 of Section 18, Tawnehip 36 South, Range 38 Eaet;
EXGEPTING THEREFROM the following dee~cribed property;
"Parcel 1" -'I'he Narth 1/2 of the Northeaet 1/4 of the Northeaet 1/4 Section 18,
Townehip 36 South, Range 38 Eaet. ~
_ "Parcel 2" - A triangular piece of property more fu11y de~cr~bed ae fol
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o R 129 ~ 330 a.~~-
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