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MORTOAG6 CEBO MMCO'i FORM •
t~~~s ~ortga$e ~eeD, ~seeuted t~e 25th „~y aJ March
A. D- 1966 ~ by HOMSR HOYT and G$RTRUD$ M. HOYT , his wife
~tCf'611{fif
fQ!' COuP,d ti~tC ~01'~fiQ01'8.. ZO,_- ~x ~ a Q Tt11StEe
h8Y8i'?iaf
f8f' 0~8d ~iA ~Ol~~~ea -
yY1TN~SSETB, That jor divera yoocl and vniuable eo»aiderationa, and aiao in consida~ration
of ths a~ygrepats aum named in the promissory not~ of eveft date Aerewith, hereinafter d~
acribed, tl~s said Mort~ra~or~_ Qra»~t, bargain, asll, aiiex, remias, relsaas, convay a~d ~on~irm
ufito the aaid Mortgagee-., ~i ~ heira arid aaai~f~a in fes simple, a11 tha certain tract
ARF
of land, oj which tl~ asid Mortgayor.~t aeizad and poaaessed, and in actual poa-
a~~~ ri~e m St. Lucie County, State of Ftorida, deacribed aa foUows:
Government Lote 1 and 2, Section 19,
T. 35 So. , Range 41 E, 3T I,UCI$ COUNTY,
Floridaf toqether with rtparian and
littoral rights appertaining thereto.
THIS IS A PURCAASS MONBY 1~lORTGAG$.
Z'he Mortgagee, by the acceptance and recording of this
I~ortgage, covenants and aqrees with the Mortgagors as
follows z
The M~rtgagee doea hereby agree to release
~ a parcel of the property herein encwobered,
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on the basis of $150.00 per front foot, on
~ the Atlantic Ocean and runninq in depth to
z the Indian River, with littoral and riparian
~ , rights appertaininq thereto, simultaneously
~ with the payment of each principal install-
~ n~nt required under the Promissory Note
~ secured hereby= and that each parcel, ao
released, shall com~aence at the northern
boundary line of said property and apply
southward, so that each parcel, so released,
. shall be contiguous to the previously re-
leaaed parcel or parcele.
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" RtCE1YE0 = v IN ~AYMEIITO?TAxr
D{lE ON CIASS'C' INTANGIBLE ?ER30lIAL MOK~~
rVRSUANT TOCMI1rTER2p721, ACT~pF iNi.
~ Rt:G.it P~IT~2.~1, Gsrk Clrarit CorA
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~ ~ curT1S M. ~~Es
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S1. L~cl~ Co~nfr To GM~ctN
~ RET Mr. Max Orovitz
~ One Lincoln ~ oad ~ .
~ Miami Beach, 39, Florida ~ ~rvnc~nc
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~ ~ooK 142 358
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