HomeMy WebLinkAbout0878 • !
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~ ~ feeT, to a railroad rail inonument; thence North 89 deg. - 39 min. - 30 ' -
sec. West, 25. i feet, to a railroad rail monument, said point being ~
' a5 feet easterly from the centerline of right-of-way of aforesaid Rail- •
- ~ way Compar~y, ae measured at righ! angles thereto; thence continue ~
along the easte~ly right-of-way line of Florida East Coast Railway~ . ;
Company, from a chord bearing North 10 deg. - 21 min. - 30 s~c. West, ~ ;
run on a circular curve concave to the southwest, of radius 2889.93 ~ ~
• feet, through a central angle of 1 deg. - 50 min. -00 sec. , an arc " ~
; distance of 92. 45 feet, to an iron pipe. said poir~t being the southwest
, corner of the lands conveyed by Fort Pierce Port and Terminal Company , ' ;
to Fort Pierce Drydock and Terminal Company by deed recorded in
Official Records Book 35, Page 33, St. Lucie County, Florida, Public
' Records; thence North 78 deg. - 40 min. - 30 sed. E ast, along the south '
line of said lands of Fort Pierce Drydock and Terminal Compa~y, ' i
299. 94 feet, to an iron pipe on the west line of North Second Street; ~
~ thence South 8 deg. - 23 min. East, along the west line of No rth Second
~ Street, 856. il feet, to the Point of Beginning: Containing 5. 26 Acres. ~
The aforesaid 2ands being a part of Government Lot 2, Section 3- Town-
: ship 35 South - Range 40 East, lying East of tt?e Florida East Coast Rail- ' ~
_ way Company right-of-way, ir? the City of Fort Pierce, St. Lucie County, ;
~ : Florida '
` The above-described property includes~all improvements, including • ~
• fixtures, equipment, structures, and buildings now situate thereoa i
and all other structures and improvements that may hereafter be .
erected, constructed, or placed thereon., including machinery and • '
equipment~ - - - - - . ~
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; ~ : In consideration of the loan, Mortgagor further agrees: ~ !
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~ 1. To promptly notify, in writing, the holder of the Note of the • . .
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! . acquisition, subsequent ~to the date of the Note, of any property of the kind ~ ;
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or nature required by the Authorization to be hypothecated (including but .
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nut. iimited to property to be constructed or acquired in whole or in part out ~ '
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. of the proceeds of the loan); and set forth in such notice a description, the ~ i~
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cost and. quantity, of. all such property. so acquired; , ' i:
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~ ~ 2. That all such after-acquired property shall forthwith become :
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subject to the lien of any such hypothecation; . • ;
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~ . 3. To, at the request of the holder of the Note, .promptly execute ;
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+ and deliver to such holder, at the expense of Mortgagor, ail instruments in
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' form and substance satisfactory ta Gounsel for the holder of the Note, ? i
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~ creating a valid lien on such after- acquired property whether by supplemen- ; ~
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. tal instrument of hypothecation or otherwise. ~ ~
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~0~~70 87~ ~ c
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