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HomeMy WebLinkAbout1245 • ' ~R ~ i L-483,6~7-iAIA xoRrosas 1485(?4 , ZHIS HORT(iAC~, made thia _~~day ot ~.D. 19~ oet~es~ hereinatter cs agor c ters c 8 anci p nral a~d t~s reapective heirs~ legal repreaentatives, succesaors and assigAa o! Mortgagor) ar~d S'~ALL 803INFSS ~SZRAiTON, an Ageacy af tLe Uni.ted 3tates~ herei.naftsr called l~ortgagee (wh:ah tera ahall include singular and plural ar~d the euccessors and ~ aSSigi18 0~ NG2't.686~~s ~ i~TI TN~SSS?H: ~AS, t.he Mortgagor is indebt.ed to t~he l~ortgagee ia the au~a o! ~ , ae eoidenced by Iiortgagor~s Nots or Iiuaranty ( ere ca gat on a copy of wbich nObligatiari~ is attached hereto aird sa~de a part hereof. N~i~.'~OEtS~ in order to secure the p~}rment oi said indebtedness and t~Le perfo~nanae oP all of the covenant.s oY said nObligstioarl" and of this Mortgage~ Nortgagor hereby grants~ b~argains, eells, cornreye~ assig~s~ aad delivers unto the ~ agee~ its succesaors and assigns, the follvWing deacribed p~operty aituate - St. Luc e Caunty, Florida~ to-~t: Indian River to Florida EasL Coast Railroad, being 632.d4• north of the JYlartin County, Florida, north line in Sections 9 and 10, Township 37 South, Range 41 Fast, St. Lucie County, Florida; said land being a rectangular tract with about 330i' on the Railroad and on Indian.River, toqether with riparian rights,-1060` fran State Road 707 to Railmad and TO' from State Road 707 to Indian River; and all a~achi~ery, equipment, fixtures and furniture to be acqvired with proceeds of the loan, together Mrith any and all additions and replacea~ents thereof, it being specifically provfded that any and all such after-acquired property becomes ima~ediately subject to the lien herein created. ~ wd~- RE'CEIYED ~ ~ IN P~YMENt ORTA]It~1 p!lEO`I C.,i~'C' 1+'A•;~ ~ntE FER3~YAl ~iO~E~ j PU-ts3~:~i it~:.~+~. c4.~..~,ACTSivf lY~l ~G;~ P~T~.,. U~rk Circv~~ Gc:vrt ~ ~ w A~a~R t~u G~++~~:5 M. jM1~3 ~ f ~ ta Cotl~c - i ~ _ ~OG~ WIZH all additions, rep2acemente an~d improveioerits to s~ oP _ the foregoing, a~d all and eingalar the tenements, hereditaments sud applu~tenance8 thereto belongiag, aad the rents~ issnea aad proYlts tl~ereof, aad. aleo all t~e - estate~ right~ title~ interest~ hcmestead, dar~er, separate estate, possese~io~~ ~ claim and desoarxi s~hatsoe~ver, as vell in law as in equitYs of the said Mortgagor in and to the m~aztga8~ P~'oP~`t7 and every part thereoY xith tbe ces~ k apecif`ically including all rights ar~d equities of redemptian,-a11 oP vhich at~e ~ here eapressly xaived. (All of the YoregoiAg~ rhether consisting entire2y o~ real ~ property a~ entirely aT chattels, or of both real property and chattels~ is herefn f foa~ couveaience called tt~e "mortgaged property~). i ~ AAYE AaID ~ H07~D the aaid mortgaged property and e~very psrt thereof ~ unto the Mortgagee lorever. ~ PROPIDBD I1LWA76, ar~d this mortgage ia on the eacpress condition, that if the Kortgagor aball p~y cr cause to be paid all at the ~oneys meationed in said "Obligation* aud t~e int,ei-est thereon, all at tbe ~l,im~e and in t,he manrier as thea°~,' f ad'r'eed to Ue paid, according to the t.ru~e inteat and meaning thereof~ aad ahall pa~ t a11 other sv~s p~rc~iad to be pefd t~y t~his martgag~es and, shall perfoacn aAd abide k b3r all the crnrenants ar~d agreements hereia sad in said "Obli.~ttion" contained, the ~ these oresents stiall be void and tbe eststu hereo R reby gr~~ted at~all cease ~ 3n3 tentinate. b00K~ t~ ~3 ~w x~„~ _ - - ~ ~ . _ ~~~.?s : ~y ` ~u,