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HomeMy WebLinkAbout0001 R~C'3RDE0 -LS~S`~'~.,~ ~ ~~r ~31sx 2~~1 ~~z9~. , '~~;~:LAS i?ii. F:~-ORt'JA _ ~ ~ :i,j . . ;~.R ~,^R~~o K~~~.ENDORE. ~~~f MOR~TGAGE . k~G 7 S 49 AN'6~ • 1~ ~[oRrw?ci, d.ced tbe 31 st d.y oE July A. D. lei-.b1-, by .nd be~weea SUGHBS, IDTC. , a Florida corporation, hereinafter called tho ~iortgagors. and THE FIRST NATIONAL BANK AT ORLANDO. Orlandq Floricla~ a national~ banldnR aa~ocyation u~?de~ the lavrs of the Uaital States of Ame~ca, hereinafta called the Martgsgee, Wnx~sra~. tLat fa divv~ good and valnable cao:idastiou~. aa~d aLo tn oomdcieratian af the aggregata wm named in tbe promts~ocy mcs har~dwfter daadbed. tbe said matgaga doe~ berebY 8~~ ~*8~• vien.:eaoi~e. rele~se. couvay. and oon- S~m nnLo tbs aid Ma~t~tgee, a11 tbat ce=taiu piece, p~roel. or tnct of laad of whkb tLe said Ma~tgago~ an ao~v ~etzcd aoa po~ed and in actual poss~sioa, situate in the COtllltl@8 Of I~@@~ Manatee, Pinellas, St. Lucie, Sarasota and Volusia, State of Florida, described as follows : Class C IntangiDle Tax PatO CMpter 199 F.S. DATE d- ~ 19 ~ 7 Lee County: . Amount =~~/1'. oo Rec. #,~~,/qe~ 0. SANFORD 1ASPER, Tax Coltectot By ~ A lot or- parcel of land lying in the Northwest quarter of the S uthwest quarter of the Southwest quarter of Section 19, To~wnship 44 South, Range ~ 25 ~ast which tract or parcel is.described as follows: From the North-. , west corner of said fraction of a section run South 0~57•10" East along the Weat line of said section for 50.00 feet to a concrete monwaent marking the Southerly line of South Street; thence run North 88~1?''20p .;j East along said Southerly line of South Street, parallel with the North ~f line of said fraction of a section for 218.4 feet to a concrete monument and the point of beginning. From said poi.nt of beginning continue North 88°17'20" East along said Southerly line of South Street for 273.74 feet to a 3/4 inch steel pipe; thence run South Oo57'lOp $ast parallel with the West line of said Section for 236.15 feet to a concrete~monument; thence run Souttr 81~09'20" West for 48.21 feet~to a cencrete monument; thence run South 88~14'20" West fox 106.92 feet to a concrete monument and a point of curvature; thence run Southwesterly along the arc of a curve to the left of radius 382.26 feet (chord bearing South 70°58'30" West) for 230~.16 feet to a concrete mon~unent marking- the intersecti~on ' with a curve bearing Southwesterly; thence run Northeasterly along the arc of said curve to the left of radius 367.26 feet (chord bearing North 21°18'30" East) f~r 229.73 feet to ~„concrete monument marking the ~ I intersection with a line bearing South 4°35'00" West, thence run North i 4°35•00" East along said line for 65~.87 feet to a concrete monument; f ~~s~ngA~e~e~ot~~ear N~ort~~8o Ea~t TaEionseassi~mmingett~e~centerfl~nego~~g' ~ana~ee ~ounty: Begin at the Northeast corner of Lot l, Block "D", JOffit A. ,GRAHAM• S , ~ SUBDIVISION as recorded in Plat Book 1, Paqe 187 of the Public Records ~ ~ (description continued on attachment hereto) Tosetha witb aII ~a and impmv~m~ now+ and Lereafta on aid 1and. aad 6ztura attschcd thaeto, aad all rents, ! P~°CO°~ ~ P'~~ ~0~06 aad to aaiue firom said gemisa, all af whicL are inclnded wjthin the fae8~8 ~P~ ' and the Labendum tLercaf: ako ail gas, steam, ekctrie, wata and other heatias. cooking, refrigerating, ligbting, plumbing, ~ eatilating, ;rrigatlng. and poaer systems. mschines, appliances, $:t~as, and appurtenanas, wbich now are ur maq hereafter pertain tq or be u~d arith, in, or on said prcmise:. ecen tboagh t6ey be detached or detachable. - To Hwvs wrro ro Ho~ tLe same. together witb all and dng~ilar the teaemen~s. baediaiments and app~rteaancd tbaea~o bebnging or in aaywlse appertaining and tbe reversion and reversbns, cemainda or remaindeis, rents, issua and pcofits thereof, and ~ an ~ ~t~r, ~c~a, a~ ~a ri~c ~ a~, ~ ~a a~a ~.c~- ever. as well ia law as in eqaity, of the said mortgagor in and to the same, and rvery put thereof, with tbe appi~rtenances of t~e said ~ matgagor in and to the mme. and every pait ~nd pucel thereof anto tLe said moztgagce in fee simple. ~ And the Matgagon haeby coveoant w;th tbe Mortgagee. tbat tbry ue indefastbly seized of said Iand in fee simp~ t~at tLry l~ave full powa and Lwfnl:igLt to oonv~y tbe same in fee simple u afarwid; tbat it shall be lawful for the :?iortgagee, at aD _ times peaceablY and 9nietlY W mter upon, 1w1d, oaupy and enjay said 1aad. and evvy Part thereo~; that ihe land is and w~ill - remain free from ail ~b~ances; th~t said Martgagas wiII mal~e socb fuether aas~uanca to p~ove the fee ampk tide to taid Imd in said mo~tgagee as may be reasaiably requi~, and thzt soid Matg,sgan do bereby f~? aarrant the titk to said 1and, and every put thereof. aad will defead tLe same agair~tt the lavvful claims of all petsoot w?homsoever. Ptavrom, A~.wwTS, that iE tLe Matgagaa shal! pay unto tbe Mattgagee the indebtedness to Mortgagee in tbe principal ~m of ~ 650. 000. 00 ~~~nced by tbat catain promittory noce of e~ven date haewlth, ~ecuted by 8ughes. I I1C . payabk bo tbe ada of Matgagee, with intaat ind upon the te.rms as p~avWed tbaeia. tbe Snal maturity date of r?bich note and of this matgage !?eing SeUtelttber 10 ~ 19 79 which note provides that all installments of principal and interest are payable at the of6ce of payee. Orlanclo, Florida, or at surh other place ac the holder may designate in writing, and that eacl~ maker and endorser aqrees to pay all costs of oollection, including a reau~nabk attomey's fee, upon default in the payment of said nates, and that if delault be made in the p~yment of any installment ~I~ereunder and that if ~vch default is not made good in accordance ,with the temu af said note. that the entire . - ~ ~ { - -~-s~...--~-- - ~ ~:M-•- ' . ..t., ':i"h Ah ~ -Aa F ~ tH..~ lw ~ . . . . s-~~ . _ . ~~~~~~~.~TL-~. '-'~,e._'...`: