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f:.~ thN ~9th day o/ December A. D. iq67 6y
BROiWARD NATIONAL BANK OF FORT LAUDBRl~1LS, as Trustee, whose post
office addreas i~ 25 South Andrews Avenue, Fort Lauderdale, Florida
1 c- lIcK111~P mort a or l0 8 8
hereu~a~le~r a 9 fl . Gene T. Dyer and Evelyn M. Dyer, @ Ctl
Ione-half undivided interest as Tenants in Canonon without right of
l~survivorshi whose post office address is 1050 North Lake ~~ay,
, P~
I~ p he?mn ~paca71e~1 tl~l moigag 33480
I (N6ern~er used bcrci~ the terms ''mort~aRa' asd "wo~t~as~ee" i~cludr all tbc puties w this imuume~t asd tAe 6tin.
kca~ npre+eauti~es aad a+siRm o( i~diridwb. a~d t6e wccencrs aad anqwa d corporatiws: asd thc ten~ '•sote••
ixludes atl iAe wuus A~r~i~ drscriDed iI more dw owe.)
~ ~`~~e~~ that Jor good and valua6le c~onsideralions. and also in rnnsideration oj tf~e aggre-
i yat~ sum named in Ihe promissory not ~ oj even dale hereu~ilh. I~ereinajler described, t6e mortgagor here-
fiy ~rauls. ~nri~ains, sp~~s, a~iens, remises, conveys an~ con~irms unto f{ee moNgagee a~~ ttie certain lane~
o~ w~~ic~i f~e mortga~or is now seizc~d anc~ in possession situate in $t. Lueie Counf~,
~=~ori~a. niz:
' The North 1046.80 feet of [he South 1670.30 feet of
Fractional Sections 4 and 5, Township 36 South,
Range 41 East, together with all riparian and littoral
rights thereunto belonging or in anywise appertaining.
~
, Sub3ect to the right-of-way of the roadway or highway
kno~m as State Road A-1-A; the right-of-way ot the
Intracoastal Waterway as recorded in Deed Book 93 at
i page 552 of the publi~ records of St. Lucie County,
~ Florida; and that certain License to Enter upon I.nnd _
~ for Mosquito Control Work recorded in Deed Book 224
: at page 98 of the public records of St. Lucie Countp, Florida.
_The Mortgagor shall have the right to purchase releases of parts
~'or portions of the mortgaged premises from the lien of this purchase ~
;:money mortgage upon the following terms and conditions: j
~j
+ 1. No release shall be given if any default exists at the time
. - I
;;as~to any provision or covenant of the mortgage or mortgage note.
2. Parcels shall be released only in successive continuous i
;~sequence starting at the north side of the property and progressing ;
south . ~ - '
3. Each parcel so to be released shall be bounded on the north ~
;and south sides by the north and south boundaries of the mortgaged
j~premises or by lines parallel thereto and shall have a width between
;:said boundaries of not less than 144 vertical feet as measured along
;:the west line of Fractional Section 4(the same being also the East
I':,line of Fractional Section 5). ltie tract released shall extend the ;
'~full width of the property, east to west, between said northerly and ~
,southerly boundaries. ~
= ~ 4. The mortgagor shall pay to the mortgagee to be applied to ~
~ Ithe principal of the mortgage the sum of $275.85 per vertical foot ,
" as measured along the west line of Fractional Section 4 as aforesaid, #
~ r~ multiplied by the number of the vertical feet of the tract to be
f z 3 p released, measured as aforesaid, and shall pay the interest then
~p < ~accrued on the principal so paid. ~
a ~M-~ ~ 5. This is a purchase money mortgage to secure the balance ~
x~~~ ;of purchase price due on the abave described property. ~ ,
v~ ~9
RECEIYED f Ill PAYILENTOFTA ES
< ~ °°-s
~ z • ri E PERSONAI PROPE .
C~ ~ DUE ON CLA53'C' INTANGIBL
0 P1IRSUANT TO CHAPTER 20724. ACTS OF 1M1.
d ~ ROGER POITRAS• C1e~t Cira+lt CarA
~ x a ~ os /10ent for a1RTIS M. JAME$
t` ~ ~ BCOK 169 PACE ~J21 ~~r T°=
, ~7 ..~.rc..,ei
~ n - - - - - ~ DEPUTr C~.ERK
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