HomeMy WebLinkAbout1673 ~ 166492 ~
THIS INDENTURE. IHI~d~ h. 19th ,~r ~ . . .April . i` ~ ~ i ' ' ~ ~ e ~ ~ n.o. ~v 68 ~,+w..~
CausQway Tra~les Court, Inc., a~'lo~id~ cQrporation,
of SS Dt i'UC~Q Cow?ry Florida, henirtaftu d~si,~n~ted as fh~ "MORTGACsOR.~ ~nd FfRST FfDERAI Si1VlMGS AND I~AN
ASSOt1AilON OF iORi PlfRCE, • corporation orp~niud and existin~ w+da the lawt of th~ Ueit~d StaW of.Am~rka ud h~vGg Nt principd ~ af
buwNtf in th~ City of Fort Piwp. St. Lutir County, fbrM~, Mninafta desipnat~d q th~ ZS RTO~
~
1ARHERE/1S tM MORTGAGOR is juaty indebt~d to th~ 1NORTGAGEE in tM wen of ~ ~ yood ~ed lawful morwy of tl+e !lnitd
StaMs adwnced by tM MORTGAGEF u~to ttw MORiiaAGOR, n~videnced by a aat~in pranasory ~wt~ of wen da~e h~rwvith, of which tM fdlowinp in
w F' b a tnn oopy, towit:
14t855
~ P~ f~ April 19 19 68
For valus recsiv~d, 1, w~ w ~ither of us, promi~ fop~ wifhout d~falution, to ths wder of FlRST FEDERAL SAYlNGS AND IOAN ASSOCIATION OF
FORT PIERCE st Fort Pifrae, Fbrida, the wm of t ~ with Inler~st from date ~t fh~ rat~ of 7~v~.
25 OW.00 n'" p~,nrwm, h monthy ~ns»~6
menn .s follaws: s 225 ~00 on th~ lOth ~y of Jui~e ~ 9 68 and ~ Itke sum on ths c«raspond~np day of ead~ month thwe-
afie. until t1~e w1~ol~ be fuly p~d.
Each installment fint shall be ~pplied in payment of th~ interest snd then on the unpsid b~lanoe of tM princip~l sum. If def~uh b msd~ in ths
payment of ~ny instsllment wh~n d~e. and wch dehuh continues 30 days, ti?en ~t the option of the holder, snd without any other ~otice, all th~ remaie~ing -
installrt~b ahall bs dw and pay~bte st once. Privilps a piven to prepay this not~ in wFwb ot in p~rt at any f'rne withaA p~n~hy. •N~ith~t fanb~ar~np.
nor ~oaptsnc~ by th~ holder tMreof sher any dsfwh in ~nY WY~b hereon, shall be deemed exteruion. A lat~ payment d?~~ of ~ 11 ~ 25shati b~
idded ro each iratatGrient r~inirg ~x?p~id 7 d~ys after its du~ date, and a lilc~ aum d+all b~ add~d ro each wd~ inst~llemM ~~rtwink+p wipaid 7 days ~ftu
each woc~sdinD WYm~nt d~ro.
Each mska, surety snd ~ndoaer he?wf, joiMly and swerally, wsives dem~nd. pre~entment prWest and notiu of protest for nonpaynxnt. ~nd fuetlwr
agrces 1o s~ exte~sion of tirtK of payment, eittxr befors a sfter mat~rily, withovf rwtice ro any of us; and to pay all aosri of collettion, k+clud'ug ~
rea~on~~l~ attomey i fee in the event of sny defsuh hereunder, and heseby ~evcrally waives ~II banefit of homestesd and exemptioo ~nder th~ ovnstitution
•nd laws of each State of the United St~tes, •s ~garot this obligarion or any .xt.m;on er rq~eyr~7Y TRAZI.BR ~URT~ TI~.
Witness tl» hsnd and ssal of each p~rty.~ ~ B4yA
• /s/t~t. A. Rassey~ ita Presid~
(SEALBD WITH ?tB OORPORATB SSAL) Attes : a ary ee aasey~ ts Ssc~rY
$37.50 I~W
~ ~ stm Re~.M,. - - ;
(Srarnps csnalbd a? o.ipk~l not~) - . '
NOW, THEREFORE, the MORTGAGOR for tM pwpo~ of secvrinp P~lnnent of aid swn of ~~sQ~t~ ind t1» p~?te~mr+c~ of th~
cownw+b u~d apnemer?b Mr~inshar ~xpressed, and fo~ divers ~ood snd valwbl~ oomid«~tioia„ bY tMs~ P~nb. do~s 9~+nt, bup+h, utl, nmiH.
reb+~e, oonwy ~nd tonfirm w?to tlw MORTGACfE, iA waessors and atti~ns. ~!1 !hd urt~tn b1, Vi~o~ or Wrpl of ~and. situNe. lyinp. aed b~inp In th~
Saint Lucie .r,d Srm of florid~, d.w~.d w folbwa: ~
Co~enciny at the sontt~west cosnQr of SQCtion 3~ Towa~hip 35 South~ Rang~ 4p
Baat~ run t~~erice Bast 224~p fQet; thence North 720 f~at; thence North 70 degroes
58_1/2 sinutes Bast, 1200 feat; thence Sout2i 19 degrees 01-1/2 ~inutes Bast,
85 feet; thence Piorth ?0 degrees 16 ainates Bast, 2009.5 feet to the Point of
Raferen~ce oa the east end of ttxistiag Stat~ Highway bridge across Iadian River
at tLe west sboza of Causeway Island, said point beiny a cross oa the deck at '
the Qast end of aforesaid bridge;
Froi said.Point of Refereace r~ North 64 deqrees 50 ainutes Bast, along the
centerline of Seapay DrivQ~ 525.0 feet; thence South 25 degrees 09 ainutea Bast~
50 feet to tt?e south right-of-way line of Se,?way Drive~ and the Point of B~gin~
ning of the tract herein described;
Fras aa3d Poittt of Beyinning continue South 25 dagrQes 09 aiaut,QS Bast~ along the
easterls line of lands of Fort Pierce Port Authozity, 1850 leet to u point in
Indiaa River; thence Noxth 64 de9rQes 5p sinutas Bast~ on a line parailel to and
1900 faet soutb of the centerlio~ ot Saaway DrivQ~ run 1038.16 teQt to a point;
thenc~ North 25 dQqr~s 10 ainntes West, along the we~tarly lias of larids of
Fort Pierce Port ~?nd Tezaiaal Coopany, 1850 fe~t to the south r3.yht-ot-way line
of S~a?way Dsiv~; thancQ South 64 d~rQes 50 ~iautas West~ alon9 tbe South riqht-
of-way liiw of Seawgy DrivQ, 1037.61 feet to th~ Point ot B~yioaings Containiaq E
44.08 acr~s. ~
This is a third aostqaq~ being inferios only to a prior ~irst sortgaye fsoi
~ostysigors to aort~ayee datQd April Zl, 1961 aad r4corded in O, R. Book 9 at
payes 651, 652 and 653, and a prior s~cond a~rtga?gQ lsc~s aortyagors to aost9aqae
datQd March 2~ 1962 aud record~ed i~. Boo ~j t pages 422 aad 423.
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