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i MORTGAGE OEEO D11[W'S /011M R. S?1 1ludatvN Mr TN N. • W. On~ G~M~y
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' 1I~tdP this 16th da o March . A. /9 66 .
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' ~f~WeQlt JEAN STAPLETON, joined by her husband, M. NI.
STAPLETON,
' called N~e llurtgagor S, and HARRY E. CH I LDS callPd the 1lortgugee ,
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~~~e$$~~ That the said ltort~agor S. for and in eo~tsideration of the aum o/
Thitty-five Hundred (~3,500.00) - - - - - - - - - - - - - - - Dollarx.
tn thel en ha~id ~id 6y the said Vortgugee , the receipt whereo/ is he.reby acRnotu!-
~ ~dgPCl, h8ve gra~?ted, bargained and sold to the said .ltortgagee . his heirs
anci c~ssig~is ~oreuPr. the ~ollowing described land. situate. lying a?ed being in the Ceunty o/
~ St. LuCie . State o/ Florida , to-u~it:
; ALL THAT PART OF THE FOLLONING DESCRIBED LAND LYING EAST OF THE
' FLORIDA EAST COAST RAILWAY RIGHT-OF-NAY:
Co~ence at the NW corner of Section 29, Tor~nship 36 South,
Range 41 East, run south on Section line for a distance of 733
' feet; thence run east 1025.7 feet to the waters edge of the
i Indian River; run thence Southeasterly along the Maters edge
; of the Indian River for a distance of 220 feet for the Point
j of Beginning; thence run South 80 degrees 1S ~inutes Mest for
I a distance of 244 feet to a concrete ~onusent; thence run rest
877.8 feet to a point on the Section line dividing Sections 29
and 30 of said Toxnship and Range; thence run south on said
~-Section a distance of 150 feet; thence run east, parallel to
! the north line of property, to the west waters edge of the
! Iadian River; thence neander northwesterly alon~ the xaters
edge of the Indian River to the point of beginning; EXCEPTING
' therefro~ the right of way for State Road 707 (Indian River Drive).
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' THIS IS A SECOND MORTGAGE.
and the said Jlortgagors do hereby /ully warrant the title to said land, and will de~end the
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f sa~ne agai~ist the lawfu! claims oj all persona whomsoeue.r. ~
j ~~'QV~ ~(I~S~ That i/ said :ltortgagor S, their heirs, legal repreaentatiues ~
~ or assigns, shall pay to the said Nortgagee . hiS legal representatiues or assigns. a
~ ~ertaiie promissory note, a copy o/ ivhich ia on fhe reverse side hereof, and ahall per/orm and
§ comply with each ared every stipulation, agreement and couenant of said note and o/ fhia Mortgage,
the~i this ~lortgage and the estate hereby created shal! be uoid, otherwise the same shall remain
in jull /orce and uirtue. Ared the said .;iortgagorg covenant to pay the interest and principal
promptly when due; to p4y lhe taxes and asseasments on said property; to carry insuranee against ~
~re on the building on said land /or not less than $ , approved by the .~fort-
[JQgPP. , with stnndard mortgage loss clause payable to ?Ifortgagee , the policy to be held by the
llortgagee , to keep the 6uilding ore said land in proper repair. and to waiue the homestead ~
exemption. ;
Should any o/ the aboue couenants be brokert, then said note and all moreeys secured hereby !
~ sfeall, without de~nand, i/ the .titortgagee , hi5 legal repreaentatiues or assigna, so ~
~ elect, at once bPCOme du~ and payable and the mortgage be foreclosed, and all costa and expenaes
, o/ collPCtion oj said moneyx ~uith or without suit, including a reasonable /ee /or the .ifortgagee ~
~ attorney. shnll be paid by fhe .ltortgagor g, and ~he aam~ are hereby secured. ~
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~ The said Mortgagor S hereunto set the i r hand S nnd I ~
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~ sPal S the dag and year /irat Qboue written. i ~
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~ I Sigiied, sea d iu ed 'n our presence: E
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~ ~ - J Stap eton ~ !
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w. Stapleto '
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